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Show FARMERS SHOW VALUATION FOR BOARDpFIT Farm Bureau Committee Presents Data Attacking1 Figures-of Railroads; 30,-s 30,-s 000 Sign Petitions A committee from the elate farm bureau preaented a compilation of figures to the atate board of enusllxa-tlon enusllxa-tlon Friday which waa Intended to anawer the ' figurea preaenled the hoard by the Oregon Rhort Line and the l.oa Angeles railroads. The com-mlllee com-mlllee waa headed by former State Senator Frank Kvana, but atl who were preaent took part In the discussion discus-sion which followed the presentation nf ii atatement by Mr. Evans Among thnae present were Ephralm Mi rgeeon of Cornlah,. Utah, president of the farm bureau; E. T. Capener of Rait -.ake and J. M. Klrkham nf I.ehl. additional membera of the atate tux committee of the bureau; A. F. 1nremu of Tooele, member of the I'tah water storage commission: C. O. Adnev of Corlnn. atate representative of Itnlelder; Hamucl O. White of Tlcaver. State Senator Edward South-wlck South-wlck of Lehl: C. K. Hawklne, county . assessor, of Provo; C. E. Holt of Cen- lervllle. chairman of the board of commissioners of Davie county: J. L. , Hihlon of Ogden. former assessor of Wcher county: C. K. Olam of .pV'ache, former assessor of Cache; I,. W. llendrlcka of Richmond and W. W. Fvana of Ijiyton. The Oregon Short Line and the U. Angclea Salt Lake Kjillroad companlca had filed with the board en ahatract nf Heme from the county rt'corila covering pavmenla made for Innda In the effort lo ahow that real xiiiic, Including both county nnrt cltv ttrnperty. ia not Itclng asweawed nt ita full caith value. BUREAU WANTS ECONOMY. In tha atatement of the bureau made l.y Mr. Kvana. he pulnled out the object of tin? bure:iu. which waa m . n.MMtn et rlrnchmrnl call' Ing for economy In public expenditures expendi-tures snd ultimately tha lowering of tsxes. The membership of the organisation or-ganisation nutrVbera 000. he- said, and lie sendered petitions In support of this program. .The netltlona carried the .iana lures of M.OOO taxpayers. Including In-cluding the names of a largo percentage per-centage of th business men snd large property owners of Salt Lake county. Cooperation with all publlo offlcera hud been Bought, said Mr. Evans, and this had been brought about. The fnrniere he declared, were willing to War their fair ahare of the burden of taxation, hut no more. What was proposed waa that firm lands shall he assessed at their fair cash value a, the law requires, and It- waa In-sl.tcd In-sl.tcd hv him that all other assessable prnnertles should he on a like basis. He pointed out In his attack on the ficurcs which, were submitted hy the mllronds that In Salt Lake county transactions Involving fourteen "'" anve the total consideration at .J.T50 , and thst In 1921 the assessed value for the properties named was las.sio, cr " per cent Of the consideration. In. lend of 111. 7 per cent as made In Jhe statement of the railroad rom- T,Bnles. Another transaction was cited In Salt Lake county whr th "mn't.yt kvshown In the schedule wsa 110.000 while the consideration as disclosed I. v the record was hut 110. and that Investigation disclosed that the acttinl consideration waa l000. which ln-r ln-r bided water stock of the value of II. -.nn ao that Instead of 110 000 consideration, con-sideration, which he said wns a pure nssumntlon on the part of the person rnmnlllng the slstlstlca. th nald-rrntlon nald-rrntlon was hut r,oo. He declared thiit he would establish by competen. proof that during the last vesr and a half farm land valuea have decreased de-creased In the neighborhood of 14 to 4U per cent. ASSESSMENTS INCREASED. Lists showing transactions were presented pre-sented by Mr. F.vans from several counties showing that In the sssesa-nient sssesa-nient th valuation had been largely Increased. In concluding his statement. Mr. Evana.sald: . "It Is Important to observe that a very large percentage of the aales and of federal and atate loana which are reported occurred prior to 121, and. a already atated. land valuea hav greatly great-ly depreciated In the paat eighteen months or two years. "As bearing upon this point, w ub-mlt ub-mlt herewith statementa from twenty-five twenty-five banks snd real estat firms nf this state In which opinion are given aa to the decline In farm land valuea (Continued on page m |
