Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-02-16

necessary, hut the trainers am! friends
OF the segregation measure declare and
INSISTED on the noOr Of both houses that
toe act should recognize on it's face the
possible inadcquaCy OF state revenue
under the schedule OF rates TO be pro
Nid"d. and the possible need FOR such
amendments az would meet the revenue
requirements OF the State for tho future
years. ana especially for the Wear I9lT
which could be made by this General
y assembly
II is Of course. not claimed that This
preamble. o! any other portion or the
segregation act Is or could Ia. binding
ON th's or any other General Assembly.
hut 1t is direct notice TO your honorable
body that the success of tie principle
OF segregation. for which the act de-
ciar.s is Or may be dependent upon
your action. Even the opponents Of
tn" principle Of segregation have de-
c!ar.d that II is entitled to q fair
trial No trial OF the principle is fair
without the supporting legislation con
'"inpia'"d by It's trainers and ;dvo-
Gates. legislation as vital TO the prin-
'!D'- a breath Is to the body. shall
zeal with this question generally. aud
my statements will n" subject TO en-
c"ptions applicable to "A very f"w To-
caii'ics. ~ set out in the statement
made by tn. Auditor OF public hc-
counts TO the extra session Of the Cen
eral Assembly. showing results TO coun-
Ties and citi.s under the operation OF
the Weaver Buchanan bill
WHAT EIGHT MONTHS HAVE
SHOWN tS TO SEGHtGATIDN
In" question il VIII the General As
semhly allow IN" state a revenue suf-
hcient for its reasonable purposes UNI
der plan which taxes the subjects
turned over to the State AT reduced
rate. ana which leaves TO the localities
all remaining subjects out Of which 20
derive their present revenue. subject
only TO a state tax reduced from thir-
ty-hve cents To ten cents on the hun
dred dollars.
Now as to The merits OF tn. principle
OF segregation as demonstrated BY the
eight months Of its existence That
the rates Of taxation on practicable
every class Of property have been sub
S,"ntiaily reduced u. this system can
not h" succcssfu!ly denied. and vet IN.
chief opposition to the system comes
from those whose rate Of taxation has
been mos, reduced II this is q fair
statement Of The case as I believe il jv.
tn" Question nrises as 10 whv a system
should find opposition from source
&" unnatural
The further question arises as to
nov the normal revcnu. bo;h Or Tho
stat. ana the localities, respectively.
can %. had at the reduced rates on TN.
subjects % taxation assigned 10 each.
TINS brings Us TO the pith ana marrow
OF the principles ON which our plan
"f segregation is based. and 10 III. de-
signs and reasonable expectations %
those responsible" for It's existence
IMMENSE SIMS WE'RE:
NOR REACHED FOR TAXATION
t'"r" generally conceded than HAT the
great huik Of The wealth represented
"t bonds, notes, stocks cuDltal i'm
Hpi." ana oib-r fOrmS .. intaucibles
whs not reached for taxation by the
o.! system I'll" lo!ur Committee on
ihN H"visi"'', which 50, for some
months IN ''i. stated In It's reDcrt
III" opinion that Not moro than 10 nor
ccrt az this class Of property had ever
Icon taxed on" Of the reasons as
signed by the owners OF intangible
pr"b"Tty for failure 20 LIST {; for taxa
t"n was that ii usually assessed it,
s"'f a; fac" valuc. ana was compelled
20 '"a" rate of taxation made nn-
u"s' ssa1lv high BY The conceded up-
'"r-n ssessment Of other classes OF
property.
tndor III" Old system intangible
pi"i"'i% belonging TO estates and upo,,
N'i"h widows ana orphans were often
o"p"1dor, boro large sb,r. Of me
minus, burden The old system was.
'."'"'o'". subject 20 a two-fold ohiec-
ZION. The one Of imposition and collec
Hcl % an unjust rate upon such ir,an-
i-!b. p'"r"riy as ~as found or re-
no-'ed. and the other % arordiup a
2T"un! for jnstihablc protest by pcr-
sons Who made The unjust rate q rre-
''N' Toy Wholesale C"nC"alinent Of this
"'tsS OF property, and cons.quen: IS.
% from taxation The owners Of
i'"'" pr"peft! v..y generally de-
r'ti"n their willingness 10 disclos.
;i"ir i."ld!nss and thus contribute their
'ftT Shar" OF taxation. :, thu. rate rouI1
t' lehnced so rs 70 BE- fclatiyeiv fair
ani lust
tNtBLE Hi OLD SYSTEM TO
COLLECT FROM MOST ABLE
with This In mind III. tanners OF
IN" segregation measure began 10
<."nrSSh for 3 method which while .r.
i"rnInP iardv Justice "a The li;ni..d
'Ia'S az holders OF intauciUleS whose
lrop"rty was being taxed. would ,,so
"H"rd the means Of utilizing nm cuor-
nous waste arising from the confess
. debility of the State under tire
81" system 20 collect taxes from q class
% property most able Of al! 10 nev '.
VAS thought that II the base Of taya
fl-n could be 50 spread as I, include
al -: ~" property c""aninr t.y.tiov
thus would mean lowei taxes eor All
~" original Trainers Of the seerega.
ZION act recognized the necessity for
very severe cut In tho rate on in
'ah*in!"s. and proposed such a cut to
INC General Assembly: and although
pat body ala not act on the susees-
non ""iEinally made yet the state
fate. combined with the optional rate
~ IN" localities. as finally adopted,
represents reduction OF nearly one
taN of the rate formerly prevailing
IN N" average city and county, and In
some even more than half. In
'"'Ac "i the localities where the OPP
'ioha! tax Is not imposed. a reduction
- iwo-'h!rds is made. leaving il one
tt;i:d or less, or IL. rate applying on
"th"" PROPERTY.
hEbI rED RATE IL Due TO