Show V Valuation al a tion Figures Mean High Taxes Editor Tho The Telegram Figures compiled by the state board of or equalization show that the assessed value of the taxable property property property prop prop- erty of ot tho state for the year car 1931 will bo and in 1932 it will be as compared d with wILh the thc present valuation of oC This would indicate that instead of lot any decrease In taxes that an increase will vilI havo have to be met b by the tho taxing bureau of the state This is on the tangible property property property prop prop- erty of oC the state and Is Js a a. drop of ot around While Thile the mines of or ortha the tho state state- which are assessed at three reo tI times cs' cs their net earnings earning's were yere appraised at t In 1929 1920 this year ear tho the net pro profits in ill mining mining- have been due to the prevailing pre conditions conditions condi condl- practically eliminated so that thata a 1 large decrease in the assessed valuation may ma be expected for tor 1930 Mr Ir Hammond In his figures presented presented pre pro the governor go stated that a aOne aone a aone one per cent decrease on real leal estate would cause a drop in tho the assessed value of in tho the state of or The figures simply show what the tho taxpayers may expect when the Ule returns of ot the are made to the state board EQUITY I |