Milford chronicle., 1937-01-22
GOV. BUCK ASKS
TAX SLASHES IN
FINAL MESSAGE
IConfinHed from First Page1

ton presided at the joint session. On
the rostrum with him were Lieuten
ant Governor r. F. Corley and Johr
r. F'ader, speaker of the House. Sen
ator Ebe II. Chandler and Represen
tative Chauncey p. Holcomb were
appointed to escort Governor BucE
to the chamber.
Governors Wife Hears Message
The wife of the Governor and q
party of friends sat in the Senate tc
hear the Governors address. Accom-
panying Mrs. Buck were Mrs. John
B. Jessup and Mr.. and Mrs. c. Judd
Stewart. Secretary of State Walter
Dent Smith also occupied reserved
seat.
Among others present we're: Mrs
Frank G. Tallman. Republican ma
tional committeewoman; John B
Jester, chairman of the New Castle
County Democratic Committee; Re-
corder of Deeds Albert Stetser,
chairman of the New Castle County
Republican Executive Committee; ;
Mrs. Frank Hall Davis. vice chair
man of the Republican State Com
mittee; Mrs. Robert w. Tomlinson.
vice chairman of the Republican
First District Committee. and Will
liam NJ. Duffy. chairman of the
Democratic City Committee.
Industrial Tax Yield Small
The Governor said he believed the
gasoline tax reduction would result
in increased use of the product suf-
fcient to make up half the loss that
would be incurred. The manufac-
turers tax, he said, is one-fortieth of
one per cent of gross receipts. in
dustry looks upon it as nuisance
tax. and since the revenue is nomi-
nal, its loss would be inconsequen-
tial as compared to the amount of
good will which would be created
among industrialists.
The county capitation tax. he
said, also is trivial. and its enforced
collection is improbable. He said
he has been unable to find any taxes
collected under the State property
tax law and recommended 1t be
abolished.
He said appropriations recon-
mended for the next two years total
$755, ,171.95 less than the amount re-
quested. and based on these recon-
mendations, the general fund would
have deficit of s1.170.242.S4 July l.
1899. He pointed out the estimated
income to the general fund for 1887
1883 will be s427,631 less than re-
ceived during the year 1935-1996.
Racing Taxes May Balk Deficit
The budget deficit" the Cover
nor said. should not actually occur. !
In fact the fund ought to show a
substantial credit balance on June
so. 1899. If the act, chapter Is, vol
ume 40. is reenacted and the re-
ceipts to the State from the State
Racing Commission beginning this
year and estimated at S250,000 an
nually, hold to that figure through
the racing season"
Turning to the school fund Gov
ernor Buck pointed out that. as of
June 80. 1887. the balance therein
will be s2.S27.445.
The recommended two-year school
budget is s7,650.000, compared to an
income for the same per-
cd of S6.0l1,304, which would Gre
lte deficiency of s1.63s.696 in oper-
lting income.
Assuming these figures to be cor
'ect. Governor Buck said, the bal
lnce in the school fund will be re-
luced to 100000 by July 1. 1889.
The Governor also explained that
264,S64 from the school fund will
'e required until the 1889 Legisla-
ure meets to continue the redemp-
ion of district school bonds. 6
Governor Buck recommended au
horizing the State Highway De-
artment to service serial bonds
issued by the counties for
obstruction of State-aid highways
nd reconstruction and improvement : !
{ county roads. A total of about :,
{, ,290 900 is still outstanding. a
Warns OF Building Appeals
While it is generally understood. F
lie Governor said. that the Legisla-
Ire will be asked to appropriate Il
oney for new buildings. approval o
such appropriations will make it
ecessary for the State to borrow e
oney. and knowledge of this fact !,
lould assist you in arriving at GER =,
in decisions which you will un- ="
be called upon to make" n
at is evident" Governor Buck -
i'd discussing auto fatalities. that n,
| our official and unofficial agen-
es must redouble their efforts to I,
IL this staggering loss of life" He E
ID pointed out that in the past ten
ars automobile accidents had cost W
e lives of 779 residents of this al
ate and been responsible for SER di
Is injury to 11.494 others. eN
The increased appropriation
itch | have recommended for the ne
,tor vehicle department will en- OF
lie a closer checkup on and su- M
rvision of those drivers who re- =,
atedly cause trouble. The provis- M
/ of our motor vehicle law pro- a. a.
ling for the revocation of the IL ~,
Use of unsafe drivers must be in "
invoked. sn
No greater honor can come to M,
y man." Governor Buck said in
lcluding his address, than the in,
'towal of the confidence of the
,ple. and no higher form of ap- tai
,ciation can be shown than to hold MI
ir trust inviolate. This I have Sc
ID to do" Re