Biennial Report of the Railroad Commissioner of the State of Vermont |
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Biennial Report of the Railroad Commissioner of the State of Vermont Vermont. Railroad Commissioner Visualização completa - 1908 |
Biennial Report of the Railroad Commissioner of the State of Vermont Vermont. Railroad Commissioner Visualização completa - 1904 |
Biennial Report of the Railroad Commissioner of the State of Vermont Vermont. Railroad Commissioner Visualização completa - 1876 |
Termos e frases comuns
20 tons weight ADDRESS OF OFFICERS AGGREGATE COST Aggregate length Albans Average cost Average weight Bellows Falls Boston Brakemen Brattleboro Capital stock authorized carried one mile CHARACTERISTICS OF ROAD coal cars commissioner cost per rod dividends equipment feet flat and coal Freight cars freight trains funded debt Gauge of road grade on road Highest rate including stops iron rail Johnsbury JUNE 30 killed length of curvature Length of main line in Vermont Locomotives 20 tons London Northern Railroad Lyndonville main line Mass Missisquoi railroad mixed trains Montpelier North Bennington Number miles run Number of miles Number of stations number of tons number passengers carried Ogdensburg passenger trains payable preferred stock rail on road RAILROAD COMPANY rate of speed Schedule rate Station agents stations on line stations used jointly Stock issued taxation tons freight carried Total number passengers Total number stations Total operating expenses unfunded West River Railroad Woodstock
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Página 8 - In certain states, the railroads are apparently looked upon as a species of wind-fall from which everything which can be exacted in the way of taxation is so much pure gain. In other states, they escape with very slight and wholly disproportionate burdens. The franchise tax, the gross and net earnings tax, the personal property tax, the realty tax, are all met with indiscriminately ; applied sometimes by local boards, sometimes by boards of state equalization, but almost invariably in utter disregard...
Página 9 - ... can, by no possibility, be evaded. The apportionment of a levy on gross receipts among the several States through which a single railroad may run is, in this country, undoubtedly attended with much difficulty, and the committee have given careful consideration to the subject. The conclusion at which they have arrived is that it should be made a matter of mutual understanding among the States, and that, as the levies must be independent, they should be apportioned according to mileage.
Página 8 - The conclusions reached by the committee as a result of their investigations can be very briefly stated. The requisites of a correct system of railroad, as of other taxation, are that it should, so far as it is possible, be simple, fixed, proportionate, easily ascertainable and susceptible of ready levy.
Página 8 - Executives, and to a large number of the leading railroad corporations of the country. Through the courtesy of the State Department at Washington, the representatives of the national government at the principal capitals in Europe were also called upon for information on the railway tax systems there in use. As a result, some sixty answers were, in all, received, covering the various States of the Union, Canada, England, Belgium, Holland, Germany, Russia, Switzerland, and -Austro-Hungary.
Página 11 - New York Central and Hudson River road, where for all purposes that the road can be used it is of the same value to the company, is $24,000 per mile. In short, it is scarcely an exaggeration to say that the assessments are as unlike as the complexion, temperament, and dispositions of the assessors.' It does not need to be pointed out that a system such as this, and it is the system in most general use, compels the corporations in self-defense to an active participation in local politics. Indeed,...
Página 10 - Finally, the committee will say, that of all the systems of taxation examined by them, those in use in England, among the countries of Europe, and in Michigan and Wisconsin, among the States of the Union, seem to them most intelligent and in conformity with correct principles. The Michigan and Wisconsin systems would seem to be especially commendable.
Página 11 - And when a railroad lies partly within and partly without this state, there shall be paid such portion of the tax herein imposed as the length of the operated road lying within this state bears to the whole length of the operated portion thereof.
Página 11 - Clumsy and devoid of scientific merit as it unquestionably is, however, the Massachusetts system would seem to be preferable to that still in use in New York, concerning which the State assessors in their annual report for 1873 expressed the opinion that under it there was " no uniform rule for any road, in any county, each assessor being governed entirely by his own views.
Página 8 - These the committee have printed in full as part of the present report, as the facts and statements contained in them are not elsewhere to be found in any easily accessible shape. A compendium of the systems in use in all the states of the Union has been prepared, and likewise forms a part of this report.
Página 9 - State through which its road might run in the proportion in which the miles of road in that State bear to its whole number of miles. The percentage of the levy would then be greater or smaller according to the law of the State, but the proportion of the whole amount upon which the levy was to be made would be fixed and always easy of ascertainment. The...