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Книга по требованию: Biennial Report of Whitney Newton Treasurer of State of Colorado

Товар № 11247867

For the Two Fiscal Years Ending November 30, 1904 (Classic Reprint)

Вес: 0.16 кг.
Год издания: 2015
Страниц: 90 Переплет: мягкая обложка
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Excerpt from Biennial Report of Whitney Newton Treasurer of State of Colorado: For the Two Fiscal Years Ending November 30, 1904

I estimate, from, carefully checking with the United States Internal Revenue department, has been reduced to about five hundred at the present time. The county and city liquor license authorities are enjoined by the law neither to issue nor transfer a license to any applicant who fails to produce a State license. The neglect to obey this provision causes much unnecessary loss of revenue to the State, and equally as serious as the loss of revenue is the effect upon the one who obeys the law, but sees his neighbor escape payment. I am preparing a list of the names of those who have not paid the State license, to furnish the district attorneys, who are, under the law, required to prosecute the delinquents. For the more strict enforcement of the laws relating to the liquor license tax, I would recommend that the State employ a man, under the supervision of the State Treasurer, whose duty it shall be to visit all cities and towns of the State and determine from personal inspection if all persons subject to the law are complying with the same, and enforce payment or penalty to all failing to do so. I believe that the revenue of the State would be largely increased by such a personal inspection. The law was declared constitutional by the Supreme Court of 1904, in a case defended by the State Druggists' Association. I believe now that a few prosecutions and the infliction of the severe penalties under the law, together with the better general business conditions which we anticipate, will have the effect of increasing the revenues from liquor licenses to $60,000.00 per annum.

The Legislature should authorize under the law an issue of $1800,000.00 (to cover all contingencies) Insurrection bonds, payable in twenty-five years with semi-annual interest at not to exceed 3.1/2% per annum. The School fund should invest $300,000.00 in bonds, which would help make a market for the remaining $500,000.00 and give the School fund a desirable investment under the law.

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