The Emmett index. [volume] (Emmett, Idaho) 1893-1925, 1915-10-14
Assets and Resources of Idaho.
BY Governor M. Alexander.

sources of Idaho, agricultural STOCK
raising and mining and give your ed
ton de luxe an idea of what Idah
has, in the way Of permanent, rigi
and liquid assets.
The State of Idaho, like all othe
states, is huge business corpora
ton, and such corporations, such a
banks, and others, issue statement
now and then to attract business ant
the state should do likewise and ac
quaint the prospective settler witt
just what we have TO offer from a bus
mess standpoint.
The State of Idaho in two or al
most four years should be in position
where IL will be unnecessary to levy
any taxes for the up-keep of the state,
except upon corporations, thereby
giving the settlers the exemption that
few other states can offer.
The common school fund of the
state will also be sufficiently large
within the next four years to support
the school system in the broad and
liberal spirit in which it has been
carried on. A beginning has been
made in this direction by the last leg
islature reducing the appropriations
for the biennial period Of nearly half
a million dollars.
First, the State OF Idaho did not
issue a bond for the biennium 1916
1916, but in July of this year paid
off in cash approximately S350,000 Of
bonds, thus reducing its indebtedness
TO that extent.
The state owns;
Hepburn Park, Three Fish Hatcher
les. st. Anthony Industrial School,
Lewiston Normal, Albion Normal,
Asylum at Blackfoot, Asylum at Oro-
fino. Technical Academy at Pocatello,
Lava Hot Springs in Bannock Coun-
ty. Experimental Farm at Gooding,
Deaf and Blind school at Gooding, Ida
no State Penitentiary, Sanitarium in
Canyon county, King Hill Irrigation
Project, Idaho Soldiers Home, Capitol
Building, Experimental Farm at Cald-
well and valuable blooded cattle, Uni
versity of Idaho and Agricultural Col
lege at Moscow, with fine dairy herd,
Experimental Farm at Standpoint, all
of which holdings are worth millions
of dollars, but are taken into the in
ventory as permanent rigid assets,
not available to turn into money.
The liquid assets of the state are:
Three million acres of land for com
mon school purposes. Special land
grants for various institutions of
668, 900 acres, out of this there have
been sold about 100000 acres of land ,
leaving 100000 acres unsold. of
these lands, there are: Three hun
dred thousand acres agricultural
lands, 1,764,00C acres grazing lands,
which bring in an income to the state ,
Of from 7& TO rs cents per acre, an =
nuaily. OF this grazing land, there !
are probably 100000 acres su5 .eP-
Lible TO cultivation. q
The State owrs 100000 acres Of e
timber lands.
The State has the following other !
resources approximately speaking in o
round numbers: In the state treas
Try, in cash, s1,l50.0oo. 1t owns S
school bonds of the various school dis d
riots, approximately, amounting to o
100000. 1t owns farm mortgage h
oans, secured on three times the value
# the loan amounting to $500, 900. :
t has an accumulated surplus of :
100, 1000.
From actual figures, this shows the il
State of Idaho to be business firm, L
solvent beyond doubt, and can be
.arried on in business-like way and
eventually reduce or abolish state
axes entirely. The indirect income of
he state of Idaho, without levying IL
axes for two years, is 81 $780, 900. This a
income increases annually and in a VI
'hort time will be able to run the state :,
business without asking the taxpayers q
o contribute cent. With this show q
ng we can see that the state of Idaho is
S on the road to prosperity and in a
splendid financial condition with large W
;redit. With the municipalities and n
counties of the state working in the e
same direction, it will not be long un- n
Ill the rewards of labor are left in the q
lands Of the man earning it. !
This statement should be compared 6
~ the homeseeker with that of other d