Columbus Democrat. [volume] (Columbus, Miss.) 18??-18??, 1839-01-19

he who invests d 10 bank stock and draws inter-
ests ON three dollars Tor each one be pays n, IS
exempt from taxation, by an express provision n
some Of our bauk charters, and 10 most Of them
the tax Is limited 10 one quarter Of one per cent
on The capital paid IN. Tbs IS 'cleaTely wrong
Il enables The stakeholder Of bank 10 draw re-
be interest on his money, and eGempis HIM iTum
The burthens OF taxation. A tax Of one quarter oil
one per cent. 90 the loans and discounts Of the
banks, not engaged in the construction Of Rail
roads, would yield an annual income Of more
than sevenly-fye thousand dollars. Those Insll-
tutons are participating largely IN the benefits OF
our government, and justice requires that they
should bear fair proportion Of its burthens. The
tax on money loaned at interest is now but seldom
assessed, The usurer shaves paper, and when
called on TO give m under oath, the amount Of mo-
ney he has loaned at interest, denies that he has
any invested in that manner. Il is deserving
your consideration, whether tax should not be
imposed on all notes, bonds and bills purchased
by the money lender,
At the request of Major general E. p Gaines
Of the ULued States army, i transmit TO you
diagram Of his system Of Railroads, and his let
ter explanatory oil The same. Also, at he request
Of the administrators Of the Charity Hospital of
New Orleans, submit to your consideration
their circular letter relative TO that institution.
take pleasure in submitting the resolutions
adopted at the late Commercial Convention Of
the Southern and South Western States, at Al
gustn, Georgia, the object proposed is d.
rect trade between those states and foreign coun-
trIes.-1he importance Of opening direct trade
with hosetountries in which the cotton Of this
State is manufactured, as well as with those
which furnish US with merchandise, will commend
these resolutions TO your favorable consideration,
Experience has fully demonstrated that Cotton
can be shipped, much cheaper, and in better OIL
der, from our own ports on the Mississippi river
and the Gulf Of Mexico, direct 10 the market
where It IS consumed, than by the channels
through which il has usually been forwarded.
Resolutions of the Legislature of Georgia, in
relation 10 the demand on the Governor Of Name
for certain fugitives from justice, charged with
stealing a slave; of the Legislatures of Connec-
licnt, Ohio and Arkansas, in relation TO public
lands; of the Legislatures Of Vermont and Maine,
relative TO an extension Of the Franking priv.
Ilege, Of the General Assembly of the State of
Alabama, in favor Of the annexation of Texas
10 the United States; and Of the General Assem-.
bly, OF the State of Ohio, protesting against an
nexatlons; are herewith transmitted, in accor.
dance with the request Of the Executives of those
States
These documents, emanating, as they do,
rom several OF the sovereignlStaes of this Union,
will be treated with that comfy which has al.
ways characterized the State Of Mississippi in her
Intercourse with her sister States.
Al The .Ian,lnFv session 1927 .ho o,,LI;o -.
ers. Messrs. G. r. and j. S. Fall were author.
zed TO reprint the acts of public nature pas
'ed by the Legislature since the publication Of
The Revised Code, in 1923, and al the April scs
sion, 1887, the sum of four thousand five hun.
dred dollars was advanced them on account of
The work. Al the last session Of the Legislature
they receive on additional advance Of seven hun
dread dollars, and the further stun of five thous.
and dollars was appropriated, TO be paid TO G.. R.
Fall on hIs delivering twenty five hundred copies
Of the said Statutes TO the Secretary of State pro-
vded the Executive shonld first certify that the
Laws have been all reprinted, and the contract
faithfully executed. Having ascertained, last
spring that the Messrs. Falls had failed to furnish
ding 10 contract, and that il woud not be execut.
cd ON their account, directed Mr. Toy TO pro.
coed with the publication, and that " ould pay
him reasonable price for the same on its dev-
cry also instructed him to include in the yo.
lume, reprint Of the acts Of public nature,
passed at the April session, 1897, and the Janu-
ary session, 1897. have received, by mail,
copy of the entire work it contains nine hun.
dred and thirty two pages, with good index to
the whole volume, and is well bound and neatly
executed. have received advice that eleven
hundred and seven copies Of the work we're shin
ped from Baltimore on the 18th of December,
1888, and the residue thereof, consisting Of ele.
ven hundred and forty three copies, has, no doubt,
been forwarded before tins time.
The total cost of the 2,250 copies, in Balti.
more, will not vary much from $4,000. Freight,
insurance, and other incidental charges, will have
TO be paid in addition. The last appropriation OF
$4,000 IS yet in the treasury, and will be more
than sufficient to pay for the work, and all Incl
dental charges respectfully request that an
appropriation be made TO enable the Executive
to pay Tor the reprint of the Statutes published
by MIR Toy. His letter OF the 10Th December
last, Is herewith transmitted and the whole cor
respondencc Will be furnished, if rcouested.-
The great importance Of furnishing the Statutes
as speedily as possible, 10 the various state off,
GERS now destitute, made il incumbent on the
Executive TO use every exeIiion to obtain them.
A. G. M'NUTT.
State of Mississippi LOwndes C,tsv