B. Requirements of reports relative to description of tangible property for purpose of valuation or C. Requirements of reports relative to assets or liabilities for purpose of valuation or taxation................ LETTER OF TRANSMITTAL. INTERSTATE COMMERCE COMMISSION, DIVISION OF STATISTICS, Washington, D. C., January 15, 1903. To the Honorable Members of the Interstate Commerce Commission. SIRS: I have the honor to submit a report upon "State Taxation of Railways and Other Transportation Agencies," being Part V of a general report entitled "Railways in the United States in 1902." This special report includes a tabular classification and textual exhibit of the taxing laws in each State and Territory so far as they pertain to railways, sleeping-car companies, and other agencies of transportation, showing the condition of law as it was in 1890 and the changes that have taken place prior to 1902. The manner in which this information is presented is fully explained in the text of the report. This text includes also such comments upon State railway taxation and upon the changes in the system of taxation since 1890 as are especially pertinent and worthy of notice. The compilations and tabulations here presented, as well as certain portions of the text, are the work of Mr. Harold M. Bowman, while a graduate student at the University of Michigan. It seems proper that this formal recognition should be made of his efficiency and ability, for it is upon him that reliance is placed for the accuracy of the information here presented. Respectfully submitted. HENRY C. ADAMS, Statistician. 7 |