Audubon Republican. [volume] (Audubon, Iowa) 1894-1925, 1914-10-01
PER CAPITA WEALTH
INCREASE OF s417.3s SINCE 1912 IN
PROPERTY LISTED FOR
TAXATION IN IOWA.
RURAL DISTRICTS HIGHEST
Revenue Clerks Figures Show That
Counties Having Largest Cities Are
Below Average-Polk County Has
the Greatest Taxable Value in State.

Des Moines.-Iowa's per capita
wealth listed for taxation is S1,77S.9S,
an increase of s417.3S since 1912, ac-
cording to the report prepared by W.
II. Williams, state revenue clerk.
If the values submitted for taxation
purposes are GO per cent of the actual
market value, the actual per capita
wealth of Iowa Is S2,96496.
The average per capita taxable value
OF property in this state in 1912 was
sl,S616O. The adjustment this year
raised property values to s3,957,S1S,-
546, or a per capita Of s1,77S.9S.
The statement by counties shows
that the counties having the larger
cities do not have as high per capita
taxable value as counties which have
no cities of importance. Polk county
has the highest taxable value-$154,-
14S,453. The per capita average is
$1,395.70 or $3S3.2S less than the aver
age for the state. Scott county, with
Davenport as the county seat, has a
taxable value this year Of $91,455,S44
a per capita of s1,524.25, which is 1884,
70 under the state average. Wood
bury, with taxable wealth OF s94,2SS,-
S54, has smaller per capita than
Scott county. Sioux City is the coun-
ty seat. Linn county is fourth in the
state in taxable values. It has $685.
657172, and population of 60,720.
The per capita averages are fig
ured every two years-the information
to be sent to the legislature for con-
sideration of tax measures. There
was a big increase in taxable values
as shown by the equalized table pre-
pared after the board of review finish
ed its work in July.
OF the $3,957,S1S.546 taxable values,
$250,000, 900 is moneys and credits
which are taxed at a rate of five mills.
The remainder represents real estate,
live stock and all other forms of prop
erty which is taxed at one-fourth the
total. Most experts estimate that real
estate and other property Is listed for
taxation at a little over half the &C
tual value. In some counties the as.
sessment is on values less than so
per cent Of the market value, 1t Is
said.
Iowa Employers Liability Law.
Terming stock company insurance
under the workmen's compensation
act as "misht" Warren Garst, indus
trial commiss' sner, in his annual re-
port to Governor Clarke recommends
changes in the law so as to provide
insurance under state control.
The need of new arrangement for
the relief Of employers purchasing In
dustrial insurance is shown by the
commissioner to be due to the fact
that the companies are charging coal
operators seven times as much pre-
MUM as the risk involves.
Coal mines are levied on at the rate
OF $3.50 per 500 of pay roll. Under
the state control plan the premium
can be reduced to 80 cents for each
800 of pay roll, the report says.
The iron clad rule Of stock insur-
ance has operated to keep nine-tenths
of the coal operators and hundreds OF
employers from coming under the law,
according to Mr.. Garst. In all there
are about 10000 workingmen of the
state who are not enjoying protection
Of the workmen's compensation law
for this reason.
AS the legislature will be in ses-
sion in few months, it is expected
that the changes In the law which are
deemed necessary, will be made. Mr..
Garst on the whole praises the Iowa
law as the best of its kind. II the
plan OF Mr. Garst is adopted 1t will
mean a tremendous reduction in in
surance to employers and the taking
away of thousands of dollars from in
surance companies now operating in
this state.
Iowa Fair Was Success.
A. r. Corey, secretary OF the state
fair association, is preparing a finan-
cial statement of the 1914 fair. With
several thousand dollars to be collect
ed from breeding associations, the to-
SdA ACOCApto Will ACdIu pAOOtNOVs
The paid admissions to the ground
this year brought in s125,670.50. The
paid admissions last year were s12S.-
l6075. The decrease this year was
$2,490.25.
The grandstand receipts during the
1914 fair exceeded the amount taken
in from the same source in 1918.
There were more paid admissions to
the grandstand up to Thursday night
this year than there were last year
for the same period, not counting Fri
day, which was an extra day. This
convinces the management that the
money spent strengthening the races
and the entertainment features OF the
fair had much to do with drawing the
people to the fair.
Col. Palmer Not to Quit Office.
Col. ID. j. Palmer. newly elected
commander of the G. A. r., will not
resign as railroad commissioner, ac-
cording to his announcement. II
shall remain in Office until the end Of
the term, Jan. l." he said. "Then I
propose to start out visiting the forty
departments of the g. A. R. in this
country"
Colonel Palmer is proud OF his new
position and said recently that he
would rather be commander Of the G.
A. R. than president of the United
States.
State lntervenes in Dispute.
c. A. Robbins. assistant attorney