The Tucumcari news and Tucumcari times. [volume] (Tucumcari, N.M.) 1907-1921, 1916-11-02

torious Hawkins bill passed twice. the
last time yer the veto OF Governor
NJ A. Otcro. the present candidate
for state auditor on the Democratic
ticket.
In passing the Springer.Hawkins
corporation .bencfitting tax legislation
Mr.. Bursum was only running true to
form. And the invisible government.
which regards him as Il safe man
To have in the executive office AT San
ta F6, Is now working desperately for
his election.
Springer and Hawkins framed New
McXiCo's tax legislation in the interest
OF the corporations. In the interest OF
the corporations Bursum pat II
through.
Remember that. MIR. T~aNUayor. when
YOU 20 To the pol to q November
9TH.
Work Of Tax Commission.
A state tax commission appointed
by the Democratic executive. with a
majority of its members Democrats,
took hold OF the Bursum tax Law and
attempted TO make II work. without
adequate power and without %adequat"
funds. this Democratic commission oN.
hausted its ingenuity in q faithful ef.
fort to distribute the burden ot taxa.
ton equally and place omitted PROV.
crty on the rolls. Bat despit" the
fact that tho commission raised the TO
tai taxable valuation from S27l ,9U2,.
ll9 in 1914 to s3O5, 7lu,5O2 in 1915 and
to s31i.0il. 27O in 1916. tn" Bursuin
law proved inadoquat" to produce tn"
revenue necessary to cover the appro
%priations made by Mr.. Bursum's Leg
islature. and the deficit Of the present
fiscal year Is over $llO.O0O. No state
salaries kaye been paid since Aug. 81
ana nonx will be paid until January
State Institutions are short on III"
year mo(S than $4,000,
meal TO work effectively. II was
never meant TO permit n just cnualila.
ton OF taxes.
When inequalities in taxation come
10 your notice, Mr.. Taxpayer, just re-.
call the corporation connections of the
men who framed the bill.
What Democrats Have Accomplished.
In connection with the work Of pro.
viiing cvcnu for the state. IT Is in
tcresting 10 note what has been &C
Cumplishcd under the Democratic
stat" administration in the last fiy"
years. In view of the legislative han
dicaps existing. the showing is little
short OF marvellous.
When the Democratic state board
OF equalization took charge OF raN
matters in 1912 N" total valuation OF
the state was SGI. SOC. $50. OF which the
corporate property amounted to only
81 1892. GSl. In 1914. m" last year of
the board of equalization, tn" totai
valuation was $2Gl .9O2.ll9. OF which
S9i,iji. 2i9 was corporal" property.
The Increase In corporate property
amounted 10 ii3 per cent and in 9th
or property 10 @7G per cent
In 1915. under m" Democratic stat"
tax convention. all corporal" property
on ia" rolls amounted to Sll3.Sl2. 995.
an Increase OF 90 per cent over 1914.
and all other property to $2n2, 25G, i53,
an increase of - per cent. The total
increase in corporate property. under
Democratic administration, in the last
five years, has been 55i per cent. and
Of all other property, &29 per cen
The Mine Tax Law.
Besides framing the Bursum taA
law, Messrs. Springer and Hawkins
mHRnanimously framed what is known
as the Springer. Hawkins mine tax Jaw.
And Mr.. Bursum, just as magnani.
mously, secured its passage.
THIS law imposes Il tax on ia" net
product OF coal and metal mines, after
various deductions are made. The "s-
ssntiaI difference between "A corpora.
ton operating under this law ana -
farmer operating under the Hursum
law Is TINS II tn" corporation doesn't
produce anything II pays nothing ON
It's productive mineral land whereas
tn" farmer, In thu event drouth OF hail
makes his farm uon-produCtiSc, pays
on the valu" OF his pr"r"rt, just the
same
An Illuminating example Of the
working o. the law Is found In the
case Of Mr.. springer -. Louis,
Rocky Mountain n raciii" company.
As stated, this company u capitalized
AZ 100000 900; 1t has "a bond issue Of
g., $4,000, and in 1913 reported assets
Of 1l9.ooO,0 900 IN round figures tlS,-
valuation was {2.Si3 OO2, of which
sI.l $50 was net product In other
words, MIR. s%pringer's concern paid
taxes on less than unC-siNth ~ tho
valuation II voluntarily reported 90
the publishers Of financial manuals,
Bat the farmer, whose valuation
wouldn't fluctuate with the produC-
t~iv"ness or non-productiveucss of his
farm. probably paid on the fun value
az his property. II wasn't the farm
'I = 'lftStN'hllNf VINO Ifuihfu IN.
tan legislation.
Uursum'- TAX Record.
The RurSum tax law contains no
provision relating to the collection oi
taxes after they are assessed.
In view OF MIR Bursum's tax rec
ord Ia SucoTrO ouuuty, where he lives
this might b., considered extremely
Here is Tax Rcrormor Eursum's
tax record during IN" last ten years
Ou Sept emher :, 1915, the Socorro
county ia. rolls showed MIR. HurSum
t~aNpnyiug record for ten years as fol.
'OWy.
Year lsui-Name could not b. found
on rolls. might l." assessed.
Year 1906 Same,
Year ~l9O7-TnNrS to the amount 81
S722.ul assessed IN Precinct ! IN" and
UNPAID on the rull.
Year 1905 Taxes 80 the amount oi
S7lIls assessed In Precinct | due aud
unpaid on Tia" roll.
Year 1909 Taxes to the amount oi
sT423t assessed IN Precinct | due aad
unpaid on tho roll.
Year i9lO--TnNcs 10 the amount ui
asa "a ugAts4pl tu I'IgtlIyt dine an,