Philip weekly review and Bad River news. [volume] (Philip, Stanley County, S.D.) 1912-1918, 1916-10-26

pay the taxes on .thc full value
and the party holding the mort
gage, as experience has shown,
usually pays nothing. If this
amendment carries il will be in
the power Of the leg stature 10
remedy this unfair condition. A.
gam money is practically going
lmas,esscd because it cannot be
located.lt has already been deter
mined in several states th9t as
Sessng money at flat rate cr
on reasonable percentage Of
ITS earning power brings it out
of hiding and biings many more
thousands of dollars in revenue
70 the state than by our pres mt
method # this amendment ear
rics ii may still mean several
Years of enheavor before a per
fect'N Just aw can be studied
ont blt IT is now IA we'll rerogniz-
ed fact in all states. that the
orlgifm method adopted by prac
tWaltN every state in tie llnlOn
off assessing AL property at a
uniform rate and at its full value
does not work satisfactorily. es-
pecially to the producing class
so ii seems to me that it is high
time we We're making an effort
to improve our taXimg laws and
this cannot be done until this a
mendment becomes a part of our
constitution.
amendment number four auth
orlzes the county TO engage in
the Rural Credit Business. In 9th
er wol DIS the county can use its
credit anh by bonding raise
money at a very cheap rate of
interest. 1t can then, under pro
per safe guards, loan out the
money either through its County
{ Commissioner or through farm
loan board created for that pur-
pose ON farms within its bounda-
rics Just rs our state school,
fund is hand ed ] am reliably in
formed by the comm lSsioncr Of
School and Public lends that
there has never, since statehood,
been a cent lost to- the state
school fund by reason Of loaning
it out on farm lands and it
seems to me there can be no sim
plier method conceived for gett-
ing hold OF money to loan for the
development of farms at a cheap
rate Of interest than by this
method. 1t would mean that all
'niddIemcn would be cut out. The
could easily handle this
fnnd on a half percent. profit
basis and make the system Self
supporting This is a most impor-
tant measure and should, by all,
means, he adopted. If it is adopt
ed it will then be the duty Of tic
legislature next winter to see
hat an adequatet law IS passed
aging out the neee ssary proce-
lure and method Of handling the
und.
Amendment number five, pro
ides for the calling Of a constl-
lltional convention and if carried
nstructs the next legislature TO
see that the convention is called.
Practically every two years we
ire called upon to vote on from
.hree to ten amendments to our
constitution which is plenty Of
violence that our present Con-
,titution does not meet the need
Vt the people. If a convention
we're held all these matters
would be thoroughly threshed
Dver and renedied The proposed
constitution would then be sub
nitted to the people at the next
general election for adoption and
Z adopted, which it no doubt
would be, we would then be free,
for years to come, from the
perplexing problem of voting on
Constitutional amendments. 1t
would mean some expense to
the state to hod such convention
but ] believe the end would
Justify the means.
Number six, if carried, at its
very least estimate will place the
Of our state on an equal
footing with the man, for instance
who cannot write or read and