The Springdale news., 1913-01-24
GOVERNOR ROBINSON
 URGES REFORM IN FINANCES

Total state rate. ....6 6 E Proposed rates:
 Mills. State general revenue rate 35 Sinking fund rate Is State school Tate. .3 Confederate pension rate. :. II 19 Educational rate. -
 Total state rate. .6 A If the leans herein suggested for the benefit of the general revenue fund be authorized the state gener- al revenue rate may be reduced by Iore-tenth min, and that fixed as a sinking fund to discharge the loan.
 Educational Rate.
 Controversies relative to the con trol and maintenance of the univer- I sity. the State Normal and the az rieultural schools have been ire quent. The scramble for mainten- ance has encouraged logrolling and lobbying and left these schools to the mercy or the whim and caprice Of those who have fostered quest ionabIe schemes and championed ob- ! jeetionable Legislation. The propos- ed educational rate may consist of mill or nine-tenths of mill ju- diciously apportioned among these various institutions The probable increase in the asses ed valuation Of property throughout the state will under normal conditions, pro- vide for necessary increased expend- itures oeeasioned by growth. If fair division can be agreed upon and this rate established, the bur dens of the General Assembly will be Hghtened and tie cause of edu- cation advanced If the general As sembfy approves the suggestion to create the educational rate, it will make such division of the revenues l of the same as may be deemed fair and advisable The following di- vision is presented for your con sideration: University of Arkansas, 40 per cent: State Normal 10 Der cent; agricultural schools, 10 per cent each
 No detriment can result to the state from the suspension of the Capitol rate The fund available from taxes which will be levied and collected before the proposed legis- lation suspend.Rg the rate becomes effective will be ample to provide eor continuation Of the work on the building, | C furnishing of the same, he preparation of plans aEd the beginning of necessary improve ments of the grounds
 Many of the evils in our present regenue system would be abolished by simple modifi ations in our laws relating to the nonassess ment of property. \ large Der cent of per sonal property es5apes taxation be- cause the owner eorruptly fails to assess it Under the system of tax 4A3AA 44AAtA AAAA N iit U III <hl aiiSeS Nli| owner of personal property subject 10 taxes is requh ed 10 assess it. II he fails or refuses to do so. or assesses only small part of it, the state is deprived of revenue to which it is entitled, and the burden is espondingly and unjustly in creased on those who frankly sub nit their property to tax obliga- tions reasonable penalty for Eonassessment with more practical means of enforcement will tend to greatly increase revenues and at the same time work no injustice to any citizen.
 Our franchise tax laws can easi- ly be made to yield more revenues by conforming to the system pre- yailing in neigh hboring states. The same is true of laws relating to taxes paid by insurance companies. No radical, unfair or oppressive leg islation is required or justified in order to accomplish this end
 BANKERS TO MEET HERE.