The Barre daily times. (Barre, Vt.) 1897-1959, 1915-03-10
Bill introduced.

From the committee on grand list, an
act to amend an act of the general as
sembly of 1915, entitled "An act TO
amend section 563 of the public statutes,
relating to notice to taxpayers" APP
proved Feb. |. 1915 fSection 2 provides
that this act shall take effect on its
passage.)
From the Judiciary committee as a
substitute for II. 1903, an act to amend
sections 1870 and 3,672 of the public
statutes relating to the support and
burial Of transient persons.
Ordered to Lie.
s. 81, amending an act relating TO
loans to officers. directors or employees
Of trust companies On motion OF Mr..
Proctor OF Proctor the bill was ordered
to lie.
Special Order.
An act relating to the taxation Of in.
tangible personal property and 10 de-
auctions for debts owing, Mr.. Miner
OF HYDE Park moved TO amend the bill
by inserting in section l. line IL. the
words, Except bank stock Mr. Dener-
it Of Duxbury explained that the pro
posal would conflict with the federal
law, and the amendment was defeated.
Mr.. Soule of Alburg moved to amend bv
inserting in section the words "and
tangible and the amendment was de-
feated
Mr.. Davis Of johnson moved "a amend
in section by striking out the words
equal TO 70 per cent" and substituting
the words mot 60 exceed 81 600; and
in section 20 strike ont the word three
and insert the word zone, making 81 600
the limit 81 offsets The amendments
were defeated. Mr.. Hambiett Of Barton
thought the proposed legislation was
entirely in favor Of the rich and against
the poor man. He didn't believe that
the act would bring out intangible prop
erty. he thought there wss consider
able merit in the present law People
seem 20 be hungry for an Offset. He
thought per cent. money would 90 a
good way toward taking the place Of
the offset. He thought If offsets were
good. full offsets should BE- allowed. Tho
present law, IN his opinion, has not had
a fair trial.
Mr.. Fairehild q Fairfield opposed the
bill because he thought Il would reduce
the grand list and tax rate revenue more
tnan 3 per cent. money viii, with none
of is compromising features Tie
thought IL Disseminated IN favor IF the
rich and against the poor and would pro
mote discord. discomfort and unrest. u
did not. in biz opinion help The jewellers
in villages. pr help the farmers and bus.
iness men as much a. does the present
law
Mr nemeritt Of Dunhurv defended tho
bin He thought t not iast 20 exempt
entirely from tawation the man with
money ~ loan. Hr argued that q fst
rate On intanrihns was lust Intangible
Fropoftr coes into the list r. i rnrs iu.
at ta full value. while real estate does
not re ID at &c fuH value He argued
That the tax law Discouraged Vermont
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