The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1921-02-25
FORMER STATE TAX CoI0uSs1oN.
ER ADDRESSES WEST VIRGINIA
MANUFACTURERS.
DECLARES STATE MUST KAv1 TEN
WLLIoNS ADDITIONAL
REVENUE.
PRODUCTION TAX on COAL, Oh
GAS, LUMBER AND Luu.
STONE SUGGESTED.

Special Dispatch TO 1nte!ligencer.
Charleston. ". Va, Feb. 24.-Fol!ow-
ing Is the very interesting and instruct
i've address delivered by Hon. Fred ..
Blue. former state tax commissioner be-
Gore the meeting OF the State Manuf2c-
turcrs Association today. Mr.. Blue
dwell specifically on the states hnan-
cia! needs. and upon the means OF in
crcasing the states revenues. He spoke
as follows:
State Finances.
The legislature IS facing the problem
Of providing $l6.00O,0U0 Of state rev.
enues, exclusive OF roads, for tho period
ending June 80. 1928; this sum, In round
nuInhers land in this ADDRESS I shall
speak In round numbers), Is the aggrs-
gatc OF the following items mentioned
in the budget. budget bill ard proposed
supplement thereto submitted to the
legislature by the board OF public
works. namely: estimated deficit as OF
June 80 l92t. $500, 900; estimated ex.
penditures und"r the budget bill for the
tao years beginning July !, 1S21, V,-
ouO,0Og: estimated expenditures for the
came two year und"- the proposed sup
plement, s3.400.VU0; estimated cost OF
building and cquipping new capitol
building. in excess OF the amount that
shall be received from insurance on the
ono destroyed by fire January 5. 1s:1
S3upO, ,0Gu: and suggested surplus OK
$1,000 900 The estimated amount OF
revenue from the present sources Tor
the period first mentioned Is $S,0Oo,ets.
It is therefore obvious that provisicn
.houid be made for new and additional
revenue in the amount Of &7,9OO,oo0. II
laQ YnanfinnAd
there is included as part Of the states
revenues the sum Of sl.Soo,o09. the sstt-
mated amount the state viii receive
during the period first mentioned from
IN. ciue line or transporta ton tax un-
der the decision OF the Supreme Court
OF Appeals Of West virginia: In the
event, however, ~rits Of error arc pros-
ecuted TO the United States Supreme
Court by the pipe line compani-1 ana
the decision of the Supreme Court OF
Appeal reversed. then and in that event
the amount OF new and additional rev.
cnue would be increased from $7,sOo.0oc
e. S9,SOO.O0Q; 80 that tic L'w and ad-
6i,ional revenue required for each OF
the two fiscal years beginning July !.
1921, will be from $3,95o.0O9 to H'ibV'-
600. depending on the above mentioned
contingency. 1t may be proper to refer
brteny TO the Items Nl<AAhB w SAS
amount Of t1S.s00.0eo.
The Dshett-
Three reasons for II are set forth IN
-h. budget % While the state had
general revenue surplus Of 100000 IN
1913. yet this surplus vas used to lis
extent 10 make the ca: / payment OF
si,?62,867.l6 on the Virginia debt while
rhn Virginia debt act made 40 provision
for replacing this amount Cd The ell
Trc, of the decision Of the Supreme
Court OF Appeals greatly reduced the
estimated amount Of III" transportation
tax and the estimated annual tax under
such decision Of 100000 from thai
source has not yet been collected. 10
In,rea sed demands or requirements 10
meet new conditions, mostly for salaries
and other expenditures at sta.e educa-
tional institutions.
budget Bin.
This corr,es appropriations aEEreEat.
ing s4.l0O, 000 for each year or *o,zoo.oos
for The TWO years. These appro iriations
include nothing for buildings. lAnos' ~
pairs and improvements.
Proposed BupplsuaS1A
This supplement carries aopropro'
,jons aggresa,ing approximately 3l.7eN'
600 for each year. or $3,4oo.oo0 1of u
(continued On PagS 10N1S