Richmond Palladium (Daily), Volume 45, Number 206, 8 July 1920 — Page 3

PALLADIUM AND SUN-TELEGRAM, RICHMOND, IND., THURSDAY, JULY 8, 1920..

PAGE THREE!

STEPS FOR RELIEF EXPECTED IN STATE SITUATION ON TAX

DEMOCRATS' CHOICE FOR GOVERNORSHIP IN NORTH DAKOTA

Two steps witt be taken to avert practical collapse of the public finances In many taxing units in the state ?.fter the decision of the state supreme court yesterday declaring the state tax board's horizontal increases in assessments of 1919 void. Fred A. Sims, chairman of the state board of tax commissioners, announced last evening that a motion for a rehearing of the case would be filed with the supreme court at once. The state board hopes to show that it was given the power to make the increases by a section of the 1919 law which hitherto has not been discussed In the litigation. The second step, and probably the most effective one for relieving the embarrassing financial situation confronting the stat and the various municipalities, will be to call upon the special session of the legislature, which convenes Monday, to legalize the action of the state board of tax flommlssioners in making the increases last year. Believe legislature Has Power. During the lengthy litigation it has been the opinion of a number of Indianapolis attorneys who were called into the case that in event of an adverse decision in the courts it would be wholly within the province of the Assembly to correct the matter by a special act. It Is pointed out by these attorneys that the constitutionality of the state board's actions is not questioned, but that the power of the state board to do something not expressly provided by statute is attacked. Governor Goodrich has had in mind the possible necessity of recourse to the assembly. The state supreme court affirmed the decision of the Marion Superior court, Room 2, which ruled in favor of William Bosson and other Washington township taxpayers In their suit attacking the validity of the horizontal increases. The case was appealed by the Ftate to the appellate court and the lower court was reversed. The Washington township taxpayers then obtained a transfer of the case to the supreme court. The effect of the court order taking assessments of between $750,,000,000 and $1,000,000,000 from the duplicates for the year 1919 will be far reaching, according to state and local officials. Should the orders of the court stand and should the legislature be unable to amend the matter, it is pointed out that approximately 20 per cent of the taxes computed for this year will be lost. Aside from crippling nil branches of povernment in the state, and especially the schools, many taxing units would be forced to default in the payment of bonds due this year and in other cases bonds issued in accordance with the

J. F. T. O'Connor. J. F. T. O'Connor of Grand Forks, N. D., a Yale university man, prominently known in the east as an orator during the period that he was a student of Yale, was unopposed as the"Dem"ocratic nominee for governor of North Dakota in the primaries of his party June SO. Mr. O'Connor has served two terms in the North Dakota legislature. He has been prominently identified in the assembly with the faction opposed to the Non-partisan league. He is an attorney.

law. Other units will be unable to borrow regardless of the rate of interest because they have reached the limit of their borrowing power. The extinguishment of the horizontal increases will result In the overassessment of approximately $1,000,00(7,000 worth of public utility property, bamks, railroads, building and loans and other corporations over which the state board of tax commissioners has original assessing power. The state board assessed this property heavily with the understanding that other classes of property assessed locally would be brought up to the same level. When the state board applied the horizontal increases these corporations, for the most part, were content with their assessments. With these Increases removed it appears that the corporations, involving about one-sixth of the total, taxable property of the state, will be. overassessed, and many of them may seek ti retrieve a portion of their taxes bj suits. Millions of dollars worth of bonds which fall due this year can not be met by a number of taxing units, as their tax levies have been baaed on the duplicates which include the increases. These levies tb retire bonds will, therefore, fall short of the mark.

TROOPS ON THE RHINE Winston Churchill recently stated in parliament that the troops on the Rhine number 145,000; 95,000 are French, 20,000 are Belgian, 16,000 American, and 14,000 English.

Oxford Council Takes Options of Farm Lands For Waterworks Plant OXFORD, O.. July 8. Facing the problem of having to move the village waterworks on account of a scarcity of water at the present location, the village council is understood to have taken options on several pieces of land on upper Four Mile creek which seem promising from the standpoint of providing an ample supply of water. No definite action has, however, been taken in regard to moving the plant.

The matter of financing the proposition is giving the village officials serious concern just at present. Must Speak French. One of Miami university's girls' cottages will next year be known as the French cottage. The house will be in charge of a young woman from France, who will arrive in a few weeks, and the roomers will be girls from the French classes. One of the rules of the house will be that not

one word of English Is to be spoken In the building at any time. Room Shortage Predicted. Miami university officials can see a shortage of rooms for students next fall. Secretary Roudebush said today that the institution would need another new dormitory in September as badly as one was needed last year, when a rooming hall for girls was hurriedly erected. Agents of the university are now making a house-to-house' canvass of the village In order to ascertain how many students will be cared for by town people.

ARMY WANTS ILLITERATES. Illiterates and non-English speaking citizens and aliens who make legal declaration of their intention to become citizens will be accepted for enlistment in the army at recruiting sta

tions throughout the country begin nlng July 20, according to a bulletin received at the local sub office bj Sergeant McWhirter. Those interested should communicate with Sergeant Ma Whirter at the army office at Sixth and Main streets.

Vacation Problems Escorted tour ' Two National Parki in Two Week!" lo'vei the vacation problem. 14 day etcorted tours of Yellowttoneand Rocky Mountain National Parki, Utah and Colorado 400 nilei of motoring- 11 dayi etcorted tourn of Colorado. All expeniei included, at actual cost. Every thing arranged in advance. Toun leave Chicago every week thii summer. Make reservations now. Bureau of Service National Parks and Resorts, Chicago tc North Western L'nioa Pacific, 148 S. Clark St., Chicago.

1919 assessment totals would be invalidated. Loans Are Not Available. With the present condition of the monoy market it will bedifflcult, if not impossible, for money to be obtained by temporary loans, as lenders are demanding 7 per cent interest, a rate that can not be paid under the Indiana

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fll TO 1IF17 FOITMTAIN urs has always been the UUK. rILV rUUllrim mogt convenient fountain In the city. We have just installed the most up-to-the-minute fixtures and can give better service.

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We Sent Our New

Loaf of

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Bread

TO EVERY GROCER'S HOME Your grocer prefers to give you the bread he thinks best. It is human nature-and it is good business, also. We wanted Richmond grocers, therefore, to make the intimate acquaintance of our new S$foff(R03 Bread the first day. So we sent a loaf to every grocer's home. Grocers are closer than consumers to the bread supply. You can depend on it that they know good bread when they see it and taste it. !$faff(&Q Bread has been cheerfully subjected to the acid est. The grocers have tried it themselves. Ask your grocer what he thinks of i&&(03Q Bread. We believe he will substantiate our assurance to you that better bread can't ba baked.

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Restaurant. 908 Main St.

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