The Barre daily times. (Barre, Vt.) 1897-1959, 1912-12-05
Taxation Measures Discussed.


Three measures were considered BY
the House yesterday afternoon, one Of
which, that relating to pay OF members
of the general assembly, was killed; the
second of which, that relating to death
certificates and probate courts, was re-
| fused consideration; and the third of
which, 10 regulate taxation of personal
property and to establish uniform rate
on certain classes thereof, was eonsid-
cred in committee of the whole and then
left over until to-day for further con-
sideration.
| The general assembly bill was that of
Mr.. Hapgood of Peru; and it provided
that the members should have 81 per
| day but not more than $500 per ses-
sion, with mileage at 10 cents per mile
each way for one trip and half mile
age for all adjournments of more than
week without pay. The bill was re-
ported adversely, and Mr. Cook of Lyn-
don moved that it be ordered TO lie, but
the House resfused. Mr.. Hapgod de-
manded the yeas and nays, and the bill
was defeated, 800 to l09
That done, Mr.. Ryder of Rockingham
moved TO reconsider the bill relating to
death certificates and probate courts.
He was opposed by Mr.. Martin of Ben
nington and Mr.. Hapgood of Peru, and
the House refused to reconsider.
The debate on the intangibles bill
was started as special order. On mo-
tion of Mr. Weeks of Aliddlebury. the
House resolved itself into committee
of the whole to consider the bill and
Mr. Weeks was designated as chairman
Mr.. Cook moved that the committe
recommend that the bill be amended
by cutting out several sections and by
substituting a Senate bill, known as
the five per cent. bill in place of Sec
tion one This provided for the exemp-
tion of money loaned at FIVE per cent on
real estate mortgages together with
the limiting of offsets to 81 800. He
thought it well to have a full and fair
know anything about to be considered
with the two tax propositions before
the committee.
Mr.. Jose of johnson wanted the |
amended by striking out /
section one and substituting therefor /
a House bill of which he was author, /
which provides that no tax shall be |
assessed on a mortgage on real estate, |
located within this state. He thought /
the people relied ON the prediction
promises oil all parties to relieve them
from double taxation. They want their
money now used in developing the west
brought back to develop Vermont. A
greater margin than one per cent must
be offered in order to get money from
the banks to invest in real estate mort
cages.
Only 43 towns have tax rate OF
ess than Sl.30 and most of these are
small towns. II offsets should be
abolished s32 100000 would come into
he taxable property list The intan-
yible bin deals with Wall street Sc
'urities. II people are getting by now
without paying on such property they
VII continue 10 do so. Mr.. Comings OF
2ichfond, said If this is a single tax
proposition on land let us come out
rankly and say so and not befog the
ssue. Something Is wrong when so
many young women leave the state
nd so much Vermont money goes
o the west. He favored the Fat rate
81. Mr.. Hapgood Of reru thought
be measure did not 60 far enough.
Some eontenied that II Offsets were
polished, and only tangible property
taxed, the grand list Of the state
.Ouid Be increased s30oo0no0. Mr..
icGrsth Of Georgia favored the fat