Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-02-16
MINE MEN IN FAVOR OF
PRESENT TAXING PLAN
WITH A SLIGHT CHANGE
lContinued from Page one.l

CONTINUED from Page One.)
| 1921, Asked concerning the eX-
peuse Of operation he pointed out
Ithat this item was fully set forth
in the report Of the commission
and provided for in the revenue
law, house bill 100. He named
/ two internationally known engi-
neers, experts in the evaluation Of
mining property, who could enter
upon the project and who believed
that they can complete ii within
the limo specified and Mt the price
provided. .-..s.
Values Evasive-SpringCr.
Charles Springer was then called.
Senator Phillips asked him to what
extent and over what period Of
time his company had been testing
fields. Springer replied that The
testing work had been going on for
. years, later stating that tho
work had been constant Phillips
asked how much ground had been
covered. Springer replied that the
ground adjacent to the present
openings had been covered, but
that the OUTLYING TERRITORY had NOT
been tested.
Senator Wright asked whether
Springer considered tho income ar
tonnage tax system better than an
al valorem tax. Mr. Springer an
swered thaS the present system
Uonuage) is ad valorem. tie de-
clared that any attempt To evoh1-
ate mines, unless Won have largo
deposits, would he puessyoTl,
NO mine owner in New Mexico
can arrive at the value of his own
property" he asserted IT would
not know how to 90 about ascer-
tanning the value Of mining mon
erty in this state"
Answering a cnaetio, ,,, co,,o+,,,
Sellers, he declared that he had
not sold any coal nronertv exrant
possibly 4O-acre claim sanatnr
linn attompted IL find ONT 'if tl,a
federal system wottld no eatisfoc-
tory, but was told that the fndnra1
income tax department does MOI
arrive at values INF only fignros
depletion charges. Ill.,. p - W.
Doubts Fymrts, Eioures
Senator PHILLIPS asked II a Grou,,
Of experts could fiv mo yalno ~ =,
his nropertv in siv roonthe enrin,1
err answered thar thev wontd e.
clad 10 know tba yS1uo ~ ~ ~ po
Rocky Mountain cor,t'anv,e n,lon az
ty, but that The experte coiIid NJ
make more than an estimota Ia Ta
dtgconntnd ~ n,a ~ ~ 80, y,
issues ana stocks ana $500 pi saf5 =, =
making estimates of W. I,a '''"' Al
linn aeked s,ooifioa11,, ,h.4,.
or not Snrtngar oaroad iS M, mIet4 ~ :
Hapern7on ranor+ tbo+ ~, ~ ~ aile
tion could he nl.da - =, s et,e 1Eaiqa-
Springer anewnrad thot ''N iHo o.,,lsr.
could he made hnt. t ma " s ,,,s
tion '''' '''' '''i 'S''''''-
Mr. Snrinenr thon ,.ooo :, >, - !,
thot tho nnpti,r,,fI,r' ,t ~
eliminated ana tbat i rnn r' fhnS W
servea ha ai,ouod '''J'C Si,a3 = ; ~
much won1d no aaso,, III ~"
nlied +hat T. wonld 5ann,a ''1 , e.
Tho lifa of H. 80 a ~ ul.oit
NJ If VIVA, - aei,oa - " ~ ~
mort uo,1d No ,,nn1a ,.'1'> ~ ~ ~ "
the raservas Id don1aro11 t 49, In -,
conld oasiIv ba dat ar,,,i ~ I''''V 'iieS
"Uonld 90, 49, 1iti,leU ,,n;t,
figuro o., ,si,ad - "' 80 ''''i 60
~ would Iaovo Il ~ +bo +o,, 49,,
nisston +" anewerad Snri io 80 N''''-
"Do yop haIiava tha+ AZ, c,,,t,,,,
fienro in ana hne,,,st I,aa',i, 1'' ~, H., 2
ascurota y, ,,,os -, - t. 2 -
tion 7 4"e'
ain some casas i is +oo iorca. =,
Soma caens ~ sr,oiI, ), 80 ~, -,
anewar '''e
Ntiun Cal,;na f,o,otIo
serotn,. MI, Mn. aslsa1 ,,,;,o+,,o,,
ar not in eelIiro rnina a rnasnt,
able voine l., not al,toinod NJ,
Snri,oor dac1,rod tba+ q ,,,or
era hIo ;not M ..,t,'tti,1 ~ Vs. 1, :,
money on tha sno+ of ron Ig4
wheeIo
percy Wilson mas tba, oaund "a
tho sta,a III IT, W." daota -, 49, ts,l ~, -
situation wac nac,liar IN t tbat ~ w
nreeent a Ohio tinn for = a,are,a l.,
The mine laws had been atarta5 NJ
canea tbo n,iras wora ~ - 81"
elaee nnaar M tof5 tannoaa ~,
law hut MY tbat no s,,g 1919 oo "a
apai, n,anod Ni +bo,,, 30 E, $500 na 1oa
class since the,, ,yoI,id ha as "peeis,
hv tbn etato tay iss 49, 80, go
not nv tbo con,,t,, assn ESQ., II" IL
neelerfed IA n,antto, tLot ra;iro,ds
rrezing iands talanhona and talo
granh comnanias banI5 etonEs az
are now taYad b,, tba stoto Ia oo,,,
mission ana NOT The conntv assessor
arr vo,, ura,t ~ lyo.o,, ~ ,y,i,,ee.
in n Snoriai ciase Won enntlap,en
must take into considara9ion What
elements makes mines differant
from other nronertv'" ba declared
ar Won object ia = sneciaI class
rnpea1 cbanter * Of Inc laws ~
1915 and leava ma rninaa Ia IL
assessed Inv The, local assessor PM