The Brinkley argus., 1912-02-16
NEWS FrOM LITTLE POCK. A Newsy Weekly Letter from the Capitol City.
 All the News in a
 Few Words.

time trying to take care or the corporations of the state, all of which are required to make a report of the business done by them during the calendar year ended Dec. 31, 1911, on or be- fore March l, 1912.
 There are approximately six thousand corporations in the state, and all of them are re- quired to render a report to the office of the Collector of Internal Revenue even though they op- crate at a loss. When these re- ports are filed and audited the corporation is assessed a tax of one per cent on all net income over five thousand dollars.
 The penalty for failure to file these reports on or before March l, 1912, is one thousand dollars. Last year a great number of cor poratlons were delinquent and the department was very lenient with them, and accepted a small offer in compromise, on account of the law being new and not generally understood. This year Captain Tucker states that he fears the department will hold out for the full amount of the fine, on the theory that by this time the law is sufficiently un- derstood.
 The state is also enforcing strictly it's franchise tax, and all are subject to the law, which yields a very considerable reve- nue to the state.
 It is noticeable fact that the beginning of each year sees the dissolution of many corporations and the surrender of their char ters to evade the payment of the franchise tax.
 Propaganda is rampant in Arkansas. Itwas already strong when the direct legislation act was adopted by the people, and that has given it a greater inn petus. There will be dozen or more questions to be submitted to the people in the September election, and the prospective cost is already mounting up in- to the many thousands. It will be as expensive as session of the Legislature with an extra session for dessert. This fact in itself is inducing many to be more solicitous for the adoption of the Norwood amendment re- stricting the Legislative sessions to sixty days.
 The latest proposition to be in- jectedint the already complex political situation in the state is that of the recall, which the Ark ansas Federation of Labor pro- poses to initiate. The committee ap pointed at the annual meeting in Fort Smith, Dec. l2, has com pleted the draft of the proposed amendment, and the petitions are being printed and will be placed in the hands of every la Dor union in the state at once. There are 5000 affiliated with the
 Federation, and 12.0OO laboring
 men unaffiliated, so that it is es- timated there will be no difficulty I in securing the requisite number
 of signatures by May 9. The general propaganda is in the Ihands of L. H. Moore. of Little
 Rock, Secretary of the Fedora tion.
 I It is provided that petitions lfor.recall elections must be signed
 by at least 12 per cent of the en- ! tire vote cast for candidates for the office affected, and when such petition shall be filed, the
 governor shall fix a date for the i election not less than 60 nor more than 80 days thereafter. ' It is provided that there shall be { printed on the ballot not more than 200 words giving the reason for the proposed recall, and not more than:300 words of the offi-
 cer's justification. One per cent
 of the legal vote shall be suffic