Show DEbR decreasing EASING valuations none kone ot of us are likely to lie be very enthusiastic avor ivr the information that the property values ot of cie t ie county have hav e decreased tares hundred thousand dollars this year over latt labi wed much prefer hearing bf 0 that big an inc increate it would look more mor elike like pros rass the figures ol of the net decre decrease aae do not reveal the true condition however values ot of our productive classes ot of prope ry have derea til td tar far more than those figures would indicate while the uon po classes the property wl ilch rarely brings us any apprel lible batile income have Inci increased eased or been baen valued higher sheep cattle horses merhan csc are much lower than a year igo ago and in the base case of 0 sheep and aad cattle particularly the things from fram which our chief income is derived the decreased values represent present largely a decrease in numbers slumbers offsetting these are increases in town lots real estate im automobiles and other pel pe sonai property ahl which ch Is largely nonproductive non productive the increases in an town lots ibis and real estala are largely arbitrary increases we more town lots lota they are just valued higher and the saine same thing Is true irue ot of our acreage noris as there ahe ro huchto con condole us ln in the increase in ve or automobiles Huto Euto mobiles the former though it may help to an extent in the production ot of wealth represents largely br harrowed rowed money wid and therefore means no actual increase la in our wealth what the in iii trease crease in nuat number er and valuation ot of ajr jr automobiles has to do with our oue economic condition conditi we leave to your own cinc lusious I 1 fortunately the big de decrease orease in bank valuations represents DO clig change inge iti in economic conditions lut but only a book reduction to shift martof the tax burden but an actual deduc reduction tion of 0 air 14 livestock values Is quite another story |