Richmond Indiana palladium. [volume] (Richmond, Ind.) 1837-1839, 1837-07-22

, now, passport 10 rsspses every whese, yin in
uEe noehinG bat indiAerence ana eeatempe.
Mr.. DUMONr
This gsatleman in his speech ct this place, n
cported fsr the Democrat, holds the following
language.
aMr. Wallace ono Of the competitors, he said,
declared himself for the whole system, which he |
admitted might cost the state forty Millions
Now we undertake to say that neither Mr.. |
Wallace nor any other friend Of Internal Improve
ment has admitted any such thing; and We must
protest against such misrepresentation. The
highest estimate which has ever been presented,
from any responsible source, is but little over
one-third Of this sum. The great commercial
changes which have taken place within the last
six months. must soon bring down the prices Of
labor and provisions to the old standard; and un-
der this state Of things it is reasonable to sup
pose that the cost Of public works will rather
Call below than exceed the estimates heretofore
made.
Again, Mr. Dumont, in order to frighten the
people into his support tells that we must be
taxed for internal improv ement purposes at the
rate Of los cents on the 800. Now as Mr.. Du-
mont and the editors Of the Democrat are obsti-
rately determined that they will pay taxes at this
enormous rate, we say let them do it. For our
the progress Of the system more than lS cents on
the 800, and this not until the year 1874. On
this subject we have data before Us which we
consider much better au hority than electioneer-
ing speeches, made by candidates just at the eve
of an election. We allude to a report Of the
nv last, made in answer to q call Of the House Of
Representatives 5000 copies Of which were prin-
ted. We should be glad to lay the whole Of this
report before our readers, but its great length,
consisting chiefly Of figures and calculation, for
bids it. The results to which the board arrived
in respect to the rate Of taxation required If the
system be carried on and completed as it has been
commenced, may be seen by q concluding para
graph Of the report, to which invite the atten-
ton Of every citizen Of the state. The extract to
which we refer reads rs follows:
eff the nett proceeds Of the surplus revenue
be but per cent, and the annual increase in the
value Of taxable property be estimated at 10 pei
cent, the levy required in that case on each hum
dred dollars, to meet the yearly demands upon
the treasury as here stated, will be as follows, viz
for the year 1887, 1888, and 1889, five cents
for 1910 and l64l, ten ccnts for 1912 and lS43
fifteen cents; and for lS44, lS45, l646, lS47
and 1913, eighteen cents"
These conclusions were not hastily assumed
for the purpose Of effecting q coming election
like the assertions to which We have referred, bu
are evidently the result Of a labOrious investiga
tion based upon the safest data that the nature o.
the subject will allow. If therefore, there is any
truth in fgures-f any confidence may be places
in computation on this subject made up will
great care, and based on the known results o.
similar works in other states-if any credit ma.
be given to the statements Of men Of respectable
standing, holding responsible stations, and actin,
under the solemnities Of an oath-then may tn
peuPlo Of the state safely conlde in this calculs
tion rs showing the highess ..a- IS .--.;-: 49,
can result f:c.. the progress and complexion
our system Of improving as it has been common
ced.
1t apPears that the average rate Of taxation re
quired for internal improvement purposes for tb
next IL years will be about l2 cents On the hun
dred dollars. That is, farmer who owns l6(
or 200 acres Of improved land, valued at 425O(
will pay just three dollars more tax annually thai
he would ii the state were pursuing the Mort
Carolina policy, making no improvements what
ever. Now let such farmer ask himself 81
ri0usy whether the increased price for which
may sell the surplus products Of his farm, in coz
sequence Of the expenditure in the state of a mi
lion and a halfof money annually will not amour
to more than three dollars!! 1t is certainly res
sonable to suppose that the price Of pork will b,
raised 50 cents per cwt., Of wheat 20 cents an
corn ten cents per bushel in consequence Of tn
demand for these articles and the abundance
money created by the progress Of the work.
the farmer at the close Of the year have for sal
only 1000 pounds Of pork, so bushels Of wheat
oalO IOO OuSuc1S VI COru, tue 1UCTcdSe V0Iu
which he will receive for these products alon.
at the rates assumed, will amount to $25, leavin
him gamer to the amount Of $22 by the progress
Of the system, after paying his increased tax
93, without taking into the account the numerou
articles Of less importance which such a fan
must produce, and which would probably swe
, the gain Of twice the amount. We earnestly n
quest the attention Of the farmers Of Indiana
this view of the subject. If calculation
the amount Of their surplus products is not entirs
ly accurate, we ask them to credit it, and max
the calculation themselves. Let them look at tn
subject in all its bearings and then determine f
themselves whether these long speeches about Of
pressive taxes are not prompted by . desire
get into Office rather than regard for their inte
ests.
The following are a few of the toasts given Z
the Wing celebration Of the 4th, by the Convex
ton at Columbus:
I. Tie day re celcSratc-The hand of despo
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