Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1912-03-04

CARSON, Nev.. Feb. - Govern
or oddie gave the following author
lied interview to the press today:
ut is a condition and not the
ory which canfronts the people Of
Nevada. Time VIII speedily tell
whether / am right or the oppo-
pents of my administration
In my message to the special
session of the legislature I made il
clear that more than the borrowing
of a sum of money to tide over
the present deficit in the general
fund was required for the business
welfare of the state. That the flu
ture must be looked out for, else
we could anticipate a situation
which would be beyond legislative
remedy without involving embarrass-
ments to every state institution
Il showed that the general fund
for three years had been running
behind over S15O,O0O per year; why
it was running behind and what
steps must be taken TO get the
state back on sound business
basis. The senate met my showing
by rushing through a bill decreas-
ing instead Of increasing the general
fund-a direct issue with my recon-
mendation Il was finally amended
by the assembly leaving the general
fund unchanged, as agains, the
showing J presented that the gem
era fund must be Increased from
396 cents to at least so cents on
each one hundred dollars valua-
ton of taxable property
In letter TO the ways and
means committee, showed how.
without increasing the state tax rate.
but by funding the present out
standing indebtedness into new
state loan and providing during the
next three years, while we are re-
storing the general fund to a normal
basis and providing ways and means
for an exhibit at the Panama-PacifiC
exposition, merely for the interest
on the loan, and not until 1915 be-
ginning the redemption Of the prin-
eiple that Al cents of the G cents
now applied TO the interest and re.
demption Of the old and new loaT
could be added to the general FUND
and become a part of the increas,
required
Il make no pretenses of infallibil
ity Possibly my contention is in
correct that the state is already il
sight Of breakers ahead Possibl,
the legislature. in its wisdom, on th'
other hand, is correct and that ther,
are no embarrassments in store 70
us Time Will speedily tell
II when another year come
about the condition Of the genera
fund is such that injurious re
" trenehment has to be resorted to
affecting every state institution a
well as every state Office and CON
mission. even after exercising ou
borrowing power up to the 100000
limit, ! beg the people of Nevad
10 believe that the responsible
does not rest upon myself
The reform of the state taxi
lion system. which | proposed, m,
with like fate; certain members SUI
oeedng In its two presentation
10 getting themselves recorded o
10th sides OF t. Possibly the bi
Is Joke; but believe the ta
PAYERS Of Nevada will not find IL {
when they give It study.
| showed ia my message that Il
receipts Of the general fund as cor
pared with disbursements. were ru
blog behind over St50.000 per yea
mat i has exhausted the surplus a
'amulated prior 20 January J.. i9G
Wien the state tax rate was
tents when the secretary oi stat,
'Hfe Nas turning into our rcyeuu
oyer 100000 per wear as again
- Than sto0o0 nov and VII
'ast vas t3oooo ot pou tax
siH's coming into u as aealu
HahH uBW
Alter Treating the remedies py
Hesed by ne IS joke the lce
pfuposed is rmedy
afhmsut' u vas pfopascd %
the ti5eoaa deficit 10 Z
mi uud By eliminating lbe -
alaaiu asgi,wllat, !
tH Thh commission SIS
fa eaaA aya fts stin "a
m to arrur e. lba ad,oea
~ Fsilrnehmant thst
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