The citizen. [volume] (Berea, Ky.) 1899-1958, 1915-01-07


was assessed at more than its rea
value by the present board), and tina,
the assessment against farm land.
and city lots must be raised before
the assessment against the property
ot the railroad companies could be
J increased
/ do not believe the farm lands OF
this state are generally assessed 10
taxation and valuation as low as one
half Of their real value II the value
OF the farm lands OF this state should
be estimated by capitalizIne the mel
income derived thereirom on the
basis Of per cent, which method Is
employed to find the value of railroad
property. II would be demonstrated
that real estate at present is assessed
at approximately the full value there.
OF In other words. II the same mode
or method of ascertaining yalu,
should be applied to find the value OF
real estate II would be shown that
real estate is assessed at its full
value The court preliminary 10 Is
companies to pay on valuation
greatly in excess of any sum they had
paid on in previous years. The aggre.
safe increase In the amount OF taxes
raid by these companies in the yea
1912 over the year 1911 was about
Sl25,0OO. In the years 1913 and 1914
like sum was collected from these
COMPANIES During the three years
OF my administration these four com
panies have paid to the state S375,000
more IN taxes than was paid by them
during a like period OF time under thu
administration Of my immediate
predecessors These suits now pend
ing, when decided will determine
finally the amount OF taxes these com
ranies will have to pay annually to
the state in the future, and the ques
ton of the real value Of this property
will no longer be open to discussion
Il Is important that the question o.
value OF these franchises should be
determined and forever set
tied. because the belief has prevailed
in this state among all the people for
some years that the big corporations
Ct the state were always active In
politics OF the two dominant parties
a. t1e state, with the end in view OF
being favored in the assessment of
their franchises. With franchises of
corporations assessed at their real
value. as they should be, tne corpora
tons will be taken out OF politics Ia
this state. as they ought TO be.
As auditor OF the state for the past
three years have also been a mem
Der OF the sinking fund commission
Of the state and, having information
gained while acting in that capacity
! believe | am thoroughly familia
v it'll the fiscal affairs OF the state
am in favor of and. IL elected
viii advocate the passage of Law
that will require that all state sup
plies used at all state institutions {.
be purchased by the competitive bid
ding system, and that the lowest open
bid for supplies furnished all institu
tons be accepted, and | believe the
state could easily save 100000 year
by inaugurating such a system.
! am in favor of and viii work for.
J: elected governor, the establishment
IF a system of taxation that will be
air and just to rich and poor alike.
md that will cause the listing of per.
,cnal property for taxation, which
.ow. because Of the rate of taxation
:, many taxing districts, does not pay
my taxes at all. and that will place
he burden of taxation where II be
ongs. on those best able to bear IT,
am in favor OF sucn legislation, or
4 constitutional amendment, IL
necessary, TO put a fixed and definite
init upon the rate of taxation in
kentucky, a step which believe
will cause our officials to follow a pol.
cy of economy and efficiency in the
andlng OF the peoples funds.
! am opposed to the convict labor
ystem and favor the abolition OF the
resent contract system and the elm
nation of the competition with or
anized labor that is the direct result |
I IT, | am in favor of the use of con.
lets to produce what Is needed by |
ne state institutions and OF the pur-
base of a farm on which they may
lbor In the open air to produce the
PODS needed in these institutions.
I am in thorough sympathy with
nc farmer. having been a farmer and
wing on a farm all my life. will do
Il can as governor for the great
gricultural interests OF Kentucky
nd the men and women engaged In
. AS long as the farmer is pros
erous every other interest In the
ate is prosperous. and all her peo.
Ie share in disaster to them as well
; I'm their prosperity.
n I am elected governor ! will do
I can to further the good roads
and all that is possible to
.cure liberal appropriation for the
,hools and their continued improve
ent.
II the people want for governor OF
10 state a man who will devote his
me and what talents he may have
ltirely to their welfare, without re-
ard to any future political prefer.
ent (for | believe there can be no