Crittenden record-press. [volume] (Marion, Ky.) 1909-191?, 1915-01-07


value by the present board, and that
the assessment against farm iaulS
and city lots must be raised be.o.o
the assessment against the property
Of the railroad companies could be
increased.
do not believe the farm lands o.
this state are generally assessed TO
taxation and valuation rs low as one.
half Of their real value. If the yallr
Of the farm lands of this state should
be estimated by capitaI2ng the net
income derived therefrom on the
basis of per cent. which method Is
employed to find the value OF railroad
property. il would be demonstrated
that real estate at present is assessed
At approximately the fan value there.
Of In other words, II the same mode
or method Of ascertainins value
should be applied to find the value VI
real estate il would be shown that
zeal estate is assessed at its full
value The court preliminary to is
suing an injunction, required these
companies TO pay on a valuation
Greatly in excess OF any sum they had
paid on in previous years The aggro-
safe increase in the amount OF taxes
raid by these companies In the year
1912 over the year 1871 was about
$4,000 In the years 1913 and 1914
a like sum was collected from these
companies During the three year
Of my administration tlose four com
panes have paid to the state $4,000
more In taxes than was paid boy them
during a like period OF time Iuder ID
administration Of my immediate
predecessors These suits now pend
ing, when decided. viii determine
finally the amount Of taxes these com
panies will have 10 pay annually TO
the state In the future. and the ques
ton Of the real value OF this property
will no longer be open 20 discussion
Il is important that the question 20
value Of these franchises should b.
judicially determined and forever sci.
ted. because the BELIEF has prevailed
in this state among all the people t1r
sCn,e years that the big corporations
Il the state were always active ig
politics OF the two dominant partIes
70, the state. with the end in view o..
being favored in the assessment 4
their franchises. With franchises Of
corporations assessed az their real
value. as they should De. the corpora
Tons will be taken ont OF politics u
.his state. as they OIElt to be.
As auditor Of the state FOR the pas
tarce years I have also been a Mon
Ter Of the sinking fund oUmmiss.o.
OF tie state aud. ha,.u- information
Gained while acting ln that capacity
Z believe ] am 'horuuaHly famll
lWith tue Gscal affairs %, the state
am In favor of and 10 Cgct..
a.u adgo.at. the ua.H-r of nN
Z that WY require t.at $40 .'.fa
II'es used d, an state institution.
% purchased hg tine competitive d..
dina system. auT that ,Ba lowest rn..
bid ur supplies mus ed 40 ia..
uons be aoya., aG. and Z l...r '
sa.u r.r'. .r IDS rE. 'fnn gear
ly irar.r- such O ."ar
! Qua .g .a.or o. and wiH wI.. ...
.Is elected GOVERNOR t.n D.f.... HmU.
/ OF 81 system .t Hl,a .b. # .
fair and ...t Co r,H and poor allie,
ard that v.H .as.. Goo, l.aJ..s fl. Poi.
scual Hr.et rar taxation H...
low. I..... e., t.a tate ~. .a.tu.
lia man. uEu districts. doe mot .a
guy taxes gt aI and that sill ..a.
the burden NJ taxation whore b nd.
/ ,urgs ng those best able tU .u, o.
am iu u,ur 90 MCI legislation U.
Ia. 70 constitutional amendment o
necessary. 20 put q GNrd aud JDaEIt
Limit upon the rate OF taxation 300
/ Kentucky o. step which believe
will cause our officials 90 follow o ro.
, 10y OF economy and efficiency Boo Do.
haudlinl oi the PEOPLES FUNDS
! am opposed 10 tHo convict laho
system and favor the abolition OF ns
present contract system and the elim
nation OF the competition with o.
ianized labor that Is ihe direct result
@. IT, am IN FAVOR OF the use OF ON
'icts TO produce what Is needed b'
lde state institutions ana oil tue pni'
chase oil farm on "h''h 'h'y may