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j i ; Montana Voters Have Legislative Matter to Decide Sample copies of the constitutional amendments and initiative and refer «adom measures to be voted upon at tijt> November election are being mail ed out to county clerks by Secretary of State Charles T. Stewart. The proposed amendments contain provisions which if passed, will permit tie legislature to pass a bonus bill and m law increasing the qualifications of I mont y superintendents of schools and 1 providing for the acceptance by the j slate of gifts and legacies for educa trônai and other purposes. The lone initiative measure would i impose p license tax on mining prop- | «ties, based on gross proceeds, and is ! intended to supplement the present law by which this particular industry is i taxed on its net proceeds. Repeal of the presidential primary law is provided for in the referendum mvwsurc to be submitted. The proposed tax initiative probably eclipses in interest and important the oth« issues to come before the state's electorate. Suggested by Governor Dixon in his opening speech, the pro posal to compel the large mining in terests of his state to bear thir just share of the burdens of government has been the subject of heated contro versy covering more than three years, during which it has been tw'ice before j the state legislature, and twice defeat sd through efforts of well-known priv 5le?od interessts. While the constitution provides j mines shall be taxed upon their net j proceeds only, it specifically endows the legislature and people of the state 1 to enact license taxes for revenue pur poses; and it is under this clause that ' the present measure is being initiated. Briefly staged the act i mposes a tax on all n ,inin g tympanies in ; ucense the state, but provides: "However, that nothing contained in this act shall be construed r re fairing laborers or employes hirèd or employed by any person or mine or to *n\rk in or about any mine cr mining j business or property, to procure such ficense or to pay such license taxes, j nor shall any discovery work required i So be done in prospecting for or locat ag amy mining claims, or any annual 'assessment work, or work required in the obtaining of title to mining prop- : j «ty from the United States, or requir-1 <«rl by the laws of the United States, or uf this state in order to hold pos- ! uesaory title to any mining claims, be deemed the engaging in or carrying on | *f the business of working or opérat eur any such mine or mining proper-, *y " ■' The license tax is $ 1 , plus, a small .^pcr cent of the gross value of the ores'! extracted. If the gross value is less haa S100,- ! <100 the company pays nothing. If more than $100.000 and under j $250,000, the sum of one-fourth of one per cent is assessed against the com- ! any. Onc-half of one per cent is levied against proceeds frum $250,000 to ! $400,000; three-fourths on $400,000 to $500,000 and 1 per cent on all over $500,000. The law provides for penalties for failure to make or falsify returns and vests the state board of equalization with the power to determine the amount of the tax to be levied against | «my company. It also makes provia- i for the' re-hearing of persons . daims, who feel they have been un- ] justly treated by the board. The referendum to repeal the presi fciti a l primary law would do away ■nth the law initiated in 1912, by which the voters of the state give di net expressions of their choice for. president and vice president and name sheir delegates to national conventions and nominate their presidential elec - 1 Amendment of the constitution in order for the state to bond itself to pay a bonus to veterans of the World War was made necessary by supreme emut action which held invalid the compensation bill initiated by the vot «îts of the state two years ago. Power to incur a bonded indebted of $4 500,000 is given the state hy the amendment, which would allow «ach veteran $10 a month for service from April 6 , 1917, to November 11, 1918, with a maximum of> $200. It •iso provides for a one-mill levy on all taxable property 4,0 pay off the bonded indebtedness. The amendment relating to county Kupcrjntendcnts of schools would em power the legislature to raise the ^uahfieatioas for this offic. Under present conditions any person over 21 years of age and not other wise barred from citizenship because of insanity, crime or foreign birth, aaay hold down the office of county ■aperintendent The constitution re Waires no qulafications other than re no qualifications other than re •flmor and is silent on the question to state that the office may be hy a woman. eaaan's dobs, teachers' organiza A dividuals interested in the state'» school system have long been clamor j in*, in an unorganized way, for a law i which would raise the requirement ; standards of this office. tions and other societies, as well as in The constitutional amendment which will be voted upon in November does » ~ * I 1 j No. I. That "One Dollar" Tax I In preparing to vote upon the proposed new "Metal nines Taji" on Nov. 4, the people of Montana are asking I * i | ! i j j 4 j j 1 • ' ' I ; j what are the FACTS? O N November 4th., you, the Voters of Montana, will elect national, state and county officials. But that Is not all. You will alro act as LA W MAKERS. Among others, you will be called upon to vote for or against Initiative Measure No. 28, popularly ' nown as the "METAL MINES TAX LAW." If a majority votes "Yes 11 the measure will become law, without ft her action by the executive or legislative branches of our state government. If a ma jority votes "No," the law t ill fail of passage and this additional burden will not be imposed upon the industry A o taw matters, you are enuaea to Know wnai is me nature oi taoniana metul mining operations; what are the operator's problems of production and selling; what Montana taxes they have paid and are paying; whether or not such taxes now constitute a fair share of the common burden ; and whether any additional taxation is necessary desirable, both in your own internste and those of the industry Until you have the FACTS, you are quite right in feeling that you are ill-prepared to act upon this measure. As the largest mining operator in the state and the one most affected by this legislation if enacted, this Company welcomes th» opportunity to place before you in formation which may be helpful in arriving at a just decision. In fairness to the interests of this State and this in dustry, such a presentation must be made. To present these facts and figures, accurately and dispassionately will be our effort between now and election day. r 01 ■ » ! Taxes Paid by Montana Metal Mines Under the Constitution and the statutes, this Company pays four kinds of taxes in Montana, as follows: 1. It pays a PROPERTY TAX upon the surface of its mining claims, assessed at the government price. put under the olasalficatlon law, this property 1a classed at 100%, while the average for all other clisse» of property Is 30%. Thus the Property Tax of the mining industry amounts to an assess ment of 3/j times the g»vC rnment P r, oe, In com parison with other property, In addition, this company pays taxes npon its surface and its underground IMPROVEMENTS. All machinery, appliances, reduction works and other property, which are essential to the tlon of its mines, are taxed, although these have t fu thing but a salvage value when the mines exhausted. 2. The annual NET PROCEEDS of mines are taxed and assessed at 100^. In determining Net Proceeds, the deductions allow ' ed are limited, so that Net Proceeds do not Net Profits, For Instance, in 1921, while this com pany had a very large loss on Its Montana opera tions, it paid Net Proceeds taxes In the sum of $34,626.27, 3. It pays a CORPORATION LICENSE tax of 1% up on its Net Profits in Montana. r 'I opera ■> are ij !j - j • . j i i ' j : j ! | ! j ! ■ 1 0 mean In addition, the Mining Company's surface is assessed for ITS VALUE FOR OTHER PURPOSES. Through this provision, what were once only min ing claims have now become the most heavily as sessed property In the state, Butte, for example, be'ng built almost entirely on mining claims. A* ■a c 4. It pays a METAL MINES LICENSE tax of one dol lar plus iy s % of its Net Proceeds. That Famous "One Dollar " Tax' y*" n Gov. Dixon The Truth « A'' What is the truth! In 1921, 1922 and 1923, this company paid taxes in Montana as follows : 1921. in discussing Mine Taxation in a public speech at Roundup, Mont,, Sept. 13, 1924, said this! "The Anaconda Copper Mining Company paid one dollar in that year (1921), In 1922 the Anaconda paid a dollar. They said they made no money. I don't think they do. The Clark mines paid a dollar Unfortunately those checks were cashed, or I would have them both to show you ; 1921 and '22 the great Ana conda paid $1.00, and you cannot get that in most of the daily newspapers of the state.'' ; $809,086.18 34,626.27 9,393.89 . 5,704.18 6,309.84 General Property Tax... Net Proceeds of Mines. 1% Corporation License Tax. Coal Mine License Tax (5c per ton) Metal Mine Lidnse Tax. $914,120.36 $330.170.50 18,703.20 None 6,049.86 . 6,824.24 ! | i . ] - 1 1922. 1922. in General Property Tax. Net Proceeds of Mines. V' 0 Corporation License Tax. Coal Mir : License Tax . Metal Mine License Tax. $860,747.88 O The Public Tax Re- H H A QßQ cords show we paid Taxes in Gov. Dixon says we paid 1921-22 I. 1923. I 812,734.21 . 195,280.06 31.194.80 11.439.81 61,967.12 General Property Tax. . . Net Proceeds of Mines. 1 % Corporation License Tax . Coal Mine License Tax. Metal Mine License Tax.... The taxes paid by this company on its mining property in Montana in 1021 were NOT $1,00, but were nine hundred and fourteen thousand one hundred and twenty TIMES $1.00; in 1922, eight hundred and sixty thousand, seven hundred and forty eight TIMES $1.00; and in 1923, one million, one hundred and two thousand, six hundred and six TIMES $1.00. It on re re re be $1,102,605.09 f This company never issued, and no one can produce, a All of the above tax payments are matters of pub- check for $1.09, issued by it in payment of any taxes lie record in the office of the State Treasurer of the State of Montana and of the County Treas urers of the various counties where the proper ties are located. paid in the State of Montana. On the contrary, this company has in its possession the cancelled checks show ing the tax payments as above outlined. You are not fully informed until you have read "The Copper Target Sent free to any voter on request » » ANACONDA COPPER MINING COMPANY C. F. Kelley, President For (ht tait of brtvitg. ihit Company and üt »ubtidiarit* In Montana art nftrrtd to at "Anaconda Copptr Mining Company" to dictate what these qualifications may be, but merely em powers the legislature from time t<> time to designate them, p«t assume Three separate funds to receive gift and legacies would he third proposed consit ,j im led bv the ame ment to be known as: S pe nent revetme^^fc r. state permanent school fund and permanent revenue fund for the University of Montana, T .„ , .. , , The juatices of the supreme court, board to ad- j . ; are made a super. 'minister these funds, of not less than $ 2 '. 1 will be received. Contributions . ftD health subjects ' **. n 0 ,r,| ools and other oreaD Izations hy Montana*« vate department 0 f health. Amon« the .ubjerts of slides nre conservation of vision, pood teeth, care of the baby and school | hygiene. 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You may be sure of courteous attention and prompt and cheer ful readjustments. AvnKAllt» I] iO THE BEARTOOTH JEWELRY Fine Watch Repairing Our Specialty n X X + 4* 4* * * .. « ♦ c v « ... ♦ ♦ V V fr i ♦ * m 11 ■> « ■> ■ •-< Vi •> V V t Ubj >!> % n b' ' / * * î i t • • ' V X LISTEN WORLD! e + ■e * * When the big collegiate crames are played | this Fall several thousand spectators will J. crowd the bleachers. Rut throughout the t country—from New York to the Pacific * coast—Many more thousand "fans" just as t eager to know the results of the games will | % be "listening in." | 4* Radio has been the wish-fulfillment of t % many thousands of people who eagerly fol- X low the national events but are from neces- t sity unable to attend in person. You need % no longer miss the g-mes, political conven- X tions, and other important events that J make up our national life. 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