| Show cavil STEPHENS MESSAGE R a on Corporations In I p ho 0 t iii Ieee 1 ii on onYe Ye tid II a n City ity Mo Jan St hen message menage sent lent to the general today contains about words It shows a condition of the thi State institution the State Je de departments arid and the tho State firmness Its special Ct Atur I is an analysis o of the of franchise taxation Jt It has lIs a word to t say l about the school chool fund or of which an issue was made malic In Inthe inthe the last Ill election lIon i recommends 1 a convention arid and a State corn com to help along St Louis Worlds Fair taxation tire the theme me says If In All Ahl corporations corporation should pay n a fran obi tax upon ullOn business In lI without reference to time the place piece of theIr onra organization and most certaIn I no distinction or discrimination should be made against our own ocr cor In savor lavor or of foreign corpora tiomi In that regard nut Hut In III framing for th tire taxation or of these In intangible tangible values alues It should he be borne In mInd that the f o of n a system of taxation are considered to b ho o the tiun of tire the necessary revenue for tire the State at the smallest lX expense consIstent with whir tin quill equal and anel fair dill die or of the burden The of the people require a method of tax taxation at once equitable effective arid tree from unnecessary oppression ond which will yield the requisite revenue while subjecting them lie ire little as possible ble to inquisitorial vexation and which should be 1 attained with sith the least ox x pense for or services and the few fes fewest est to be reduced b by con and evasion It Is II true that scarce scarcely a singlE method o of o of taxation Is frt fre e from adverse crill i dam and aUlI that In iii the lI light ht o of tire the ex ax patience ot of centuries l very er few known general principles are tull fully and sortie settled while bitter nice arl arise e upon apparently tire the most simple questions anti are ed with Ith vigor I or anti avidity all as to matters both or of substance and ire fill well on till the arost trivial RS as on itah joints nut It Is now nn well ell known that franchises are property and be taxed b by some poma method In ProPortion tt to their But as the equality of taxation 1 the ot of taxation care should be ex exercised In the levying of assess monte ments mind collection of taxes tIne class clus as well all as fill all othEr classes of whether to a cot cor or to Individuals |
