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Newspaper
Mount Sterling Advocate
Location
Mount Sterling, Kentucky, United States of America
Date
Oct 27, 1915
Page
7
A historical discussion argues that taxing intangible property such as stocks bonds notes cash and mortgages should be stronger than current limits. Proponents say money lending finances industry and cheap credit drives progress, while others claim real property earns higher, untaxed profits.
The Tax Amendment would authorize a new law to tax personal property like stocks bonds notes and accounts while reducing taxes on land and improvements. It requires ratification by the people before enforcement, promising a fairer law.
The amendment would require an annual state tax to fund Commonwealth expenses and allow uniform taxation on property. It grants the General Assembly power to classify property for local tax purposes and exempts state and local bonds. The measure, once invalidated for short advertisement, is now back for a wider vote as taxpayers review the law.
A Wisconsin Tax Commission report argues that justice in taxation requires strict adherence to the law. It claims assessor deviations produce taxpayer injuries and widespread inequalities, warning against any steps outside the lawful path.
The Kentucky Tax Commission report cites two main failures of the general property tax. It argues modern conditions hinder enforcement and uniform valuation ignores property differences. The text claims equal valuation and rate harming justice and fairness in taxation.
Promises medicinal benefits from Kentucky Carlsbad Springs water drilled 1100 feet deep. Advertises a money back guarantee after a two week trial for kidney liver bladder stomach and related ailments with nationwide shipping and booklet request.
Court notes J F Cross was jailed for four shots but acquitted after proving three fired at random and one at a crow. Farmers plan frog removal to clear pond for fish. Capt John Plunkett mocks bailiffs with a starry balloon joke. Dashner promises rain, a joke about the doctor. W C Herman builds a residence behind an old hog pen. A bell theft from Dog Hill church threatens Sunday services. Jay bird lore ties to a Friday prank. Fritzie Allsop visits Rye Straw with a canary. Williams buys turnip seed in Tickville, selects the large ones. Christmas drawing near as residents burn wood to stay warm.
A compact verse-note reflects on nostalgia and the uneasy pull of memories. The piece contrasts past shadows with a hopeful view that the world brightened when a new era began, implying a timeless meditation on change and faith.
James C Tipton is named for City Attorney and R A Chiles for City Clerk in an accompanying political slate. The ticket lists both candidates as the endorsed pair for city offices.
The platform endorses Woodrow Wilson for re election and the current state administration. It backs state aid road laws, convict labor on roads, stronger public schools and agricultural courses, gradual textbook adoption, primary law refinements, anti trust laws, and higher state railroad commission powers. It supports workman compensation, corrupt practices act, farmer co operatives, anti pass laws, tax amendments, lobby regulation, trachoma aid, county unit laws, and state economy measures.
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