OCR Text |
Show TAX INCREASE TOR THE RAILROADS 18 PENDING 1 High (out of living may hit tho rail roads in another wnv hhould tho state board of equalization hold tho in- fonniil opinion oxproMed lnnt Sutur- diiy. It linn longliwii n subject of eomplnint b tho railroads that their 1 rolling fctook bun increased v ery rnnld- ly in replneement value. Tho ntuto Iionrd tiikoa tho poMtion thnt this means thnt tho actual cash valu of tho rolling stock on hand has Increased Increas-ed nnd projwsoH to do its duty by us-. us-. bosbing tho rolling stock nt its present market value It is thought thnt when all the returns from tho railroads nro ,, . in tho state board will increase tho assessed value of rolling stock by 25 ficr cent, thoreby adding wine Millions Mill-ions to tho stato's total of assessed valuntioii. Tho position of tho rall- roads on tho mutter opposes such C plan, nnd ljio board henrd nrgumcnls , on tho subject by A. W. Kcrihnor. ropresonting tho Union I'ncific, and J, II. Kvnns of tho Oregon Short Lino. Jnnios Coney of tho Denver nnd Hlo iHr Orundo was heard tho day before. Tho J,1" tax ngents nro nsked to appear boforo fcl tho board to present their side of tho |