Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1829-02-23
ST ATE FINANCES.

From the report of The Committee of ii
OF Delegates, it will be seen that a small ra
duction IN taxes is recommended for thu pre-
sent yoNr. This Report estimates the nrobs.
BILE nett receipts of The current fscal year At
S4s5,273 81 (not ninding the Litera ry fund
or lnnd Tor Internal Improvement. The ex-
penditures are estimated AT Sl27,0l2 81 lea
wing a balance OF sos POI o. This balance.
il is supposed, will be amply sufficient 10 de-
fray thu expenses of the Convention.--Inf fac,
the Committee only estimate the probable II.
penses of the Convention at $4,000, which
would leave u balance in the Tr easury of Ss,
261 %.
The committee have suggested the proprie.
sy Of taxing the dealers iT'hogs. If this tax
could have the eject ofinddcing our planters
raise their own pork, /, would bs some
inducement 90 advocate IT, The following are
the interesting remarks of,he Committee upon
this and other subjects:
" The committee do not consider il necessa-
~, from any peculiar esigency in our fnances,
10 seek out new subjects Of taxation but it is
a question of expectancy aud justice, whether
investment Of capital in subjects now exempt
from the influence OF Our revenue laws which
NAV be convenient to some of the demands of
Society, and yet injurious TO its general inter
esi =, may not fairly be made to contribute TO
the relief Of capital found in other aud more
advantageous occupations.
a. Amn, Vgt other pmDloVmanYc I'D
much stock actively engaged in the trade in
pork; atcadr, upon which many of our citi-
zcns, through Gus ON, de end tor their donps.
&c supplies yet which, in its consequences is
the most extensively embarrassing of any mode
Of our social exchange. Through this chan.
mel, is supposed that from $500 900 to LOCO.
600 in cash, is annually taken ont of our cirru
laiing medium; and when our general com
merce is anguid, and its returns slow. and
consisting chiefly in articles which will not
easily supply the deficiency in the currency of
the State thr obvious effect Of the trade will lie
he depreciation in The price of property, a di.
hcnlty IN complying with pecuniary engage.
menis, and a consequent distress, reryading
all our commercial relat ions Why should CT
pitai, engaged in such dealings. claim 10 be ex-
enpt fran taxation ? Ii is not perceived that
any strong reasons exist, which should make
other modes OF merchaad sung so much less ta-
vored, aud which give peculiar liberty 10
this occupation These ideas, however, are
with diffidence respectfully submitted because
the subject seemed to be one'oi importance ,end
Affecting in its relations almost All the objects
which your committee had TO review
The Report winds up with the following Rec
olutiOns:
/. Resolrra. as the opinion Of hi; committee,
That commissioners of The TeveBle should he
appointed for term not less than three wears,
aud tha the penalties for neglect of their duties
be increased.
2. Re'ofced, That they be removable by the
County or Corporation Courts or Auditor of
Public Accounts, for neglect Of duty
3. Rcsofrcd. also, as the opinion Of Rlis con,-
mitfce, That every citizen whose property is
not listed on the commissioners books by the
first day of June, on failure to render in such
list, should be made presentableb by the grand
juries in the Inferior and Superior Courts of
Law.
4. Rssoired, further, as the opinion Of tbs
committee, That the salary of the Audnor OF
Public Accounts should b increased.