Columbus Democrat. [volume] (Columbus, Miss.) 18??-18??, 1840-01-25
NO. 90.


Of toc Assessors, and uajer the existing laws, i,
j. 'n2rao,icabo to b-iag officers thus ln default
% 1cc0oni.
The total amoan, Of State Tar assessei ju-ng
the presen, hy,al year. as l54577 20. Tee as
SCISSORS Of The eaonics ofCarfoN, De Soto Holmes
jackson, Zones, kcm9er Lease, Lafayette Mex
ubcc, Pike, Ponoh. BaHkin. Tishemlnco, Wash
lngiou and Wayne have fuel 10 return the as.
sssSmout rol.s AZ rcqursj hY law. The Audi'or
estimates tie state iaN IN those count ~ al S27.
695. Il suits vii, IN due season. be ordered on
lhe bonds Of SAID de'aaters.
Il appears by an exhibit accompanying the Au.
dtors report, lha, many of The Banks OF lh5s S,a'c.
as well as their officers Of discount and denasi;a
pay no tax on the real estate and capital s,oci
The Assessors have failed 10 assess toe TAX regu.
trl BY the laws OF the aud No proposition can
be pla.ner than coal those Sho participate IL tho
benefits Of goyelumcui should contribute to i,s
support. ltls an axiom that TAXATION beng e.
seHtal u The existence OF eyey government, ;iso
right can never be surrendered No prior legs
laturc had RICH, 10 debaf Us from imposing taxes
on every species ofpropeuy ia our territory. II
the Banks had have paid an adequate bonus 70
,he State 10 consideration Of being exempt from
taxation, the case would BE- different; ihoY would
bayo paid IN advance. an amount equal 10 tina.
due annually. In several Of our Bank charters.
Il IS provided tha, their capital stock should b. cx.
emp, from aSaton Even admitting such a slip.
uIal Oh TO be binding upon as, (which ! am far
from coucejng,) i does not exempt their real and
personal estate. or money loaned at interest, frcm
TAXATION. The animal examination The Bank.
and the lime spent IN leglsaing on their affairs
cause a large expenditure -four treasure and lus
lcc surely, requires that the exclusive privilege Of
exemption from taxation, should not be conceded
II wi, be impossible to preserve the public faith
and credit Of the State, without a revision Of or
revenue laws. The dishonest usurer.nnd the frau
dulent banker are at present eSonrraied, aad tax
e. alone collected from the honest lahorer An
examination OF the assessment roll viii show thai
n very small amount is collected on money loaned
al interest The law Is eyaded by shaving paper.
am opposed 10 the increase Of Taxes, al tho
prcscu, period. Justice requires that they should
be cqua4od, Not one third Of thu landed estate
OF the country, subject 10 taxation, ever asses.
el.
Maps continuing the dates Of the entries OF the
various tracts bayo been procured by tho boards
Of Police N but few eounles--,o insure the col.
lection of the land tax. provision should BE- made
Book containing full description Of every tract,
with the date Of the entry and specifying the "a
riDus transfers.
tax of one quarter, Of one por cent, on the
loans aud discounts Of thc various Banks in tho
State aud an equal tax on oil paper purchased by
/ individuals, OF he'd By them for property sold, or
money loaned, would afford large revenue This
/ measure, combined with others nslrng tho
assessment OF all property liable 70 taSat.on, and
/ the prompt payment and collection Of tie same
INTO the State Treasury, would soon place tho
! Treasury ID a situation 10 meet all the demands
upon 1t.
It viii be seen from iie report 81 tho Stat.
Treasurer that he Bank indebted % the State,
to whom Indulgence was ggoa By tho Legislature,
have OIL filled 70 comply gAh the conditions ofibe
ACT passed for their rciieE Suits have bcan inst
tuicI against them on lhtir notes, amountug IN
all 10 the sun of S23-, 09s. Judgement has becr
obtained against The Mississippi aad Alabama Rail
/ Road Company for the sam OF 222D. Asi. and in,
/ tercst. cons der lie Whole deb; doc ~ tho Bank
very doubtful. Ia my absence, the former Urea.
surcr Gen. iaa Brown, drew on, Of the Office
If tbs Planters Bank the whole amount then on
depo5te and received thc Same ia Brandon money
am firmly persuaded ths tic Bank was bound
to p3y over tt9t sum ~ plr funds. AZ tie last
SESSION Of tbe Legislature, sent " a special Mes
sagc on the subject, with several documents pro.
wing toe liability Of ihc Bank. A JOINT Com.
mIt'cc wns appointed 10 investigate the whole
suhecl, but failed to mako any inquiry whatever,
! respectfully refer you to SAID message, and the
accompanying documents, snd request The ap.
pJnlmcn, Of q committee authorized 70 send ior
persons and paper, and charged 70 report the facts
ofhe case Should i appear tia, the Planters
Bank has abused the confidence reposed in Il BY
the State, and has used the good funds deposited
by ihe state Treasurer, aad palmed OF upon the
public creditors worthless paper,---li viii 10 al.
'sAbe 70 repeal tie 29lA section Of the charter,
and make further provision 10 relation 70 Tho gnis
keeping Of tie public iuods. hat section pro.
81 ies further "thal all bills of notes Of SAID Bath
originally made payable or which shall become
payable 90 demand, shull BE- received in all pay
mcnis 10 he State" Under tic existing Iaw, lhat
is only piper money authorized 70 be received in
. payment Of the public dues; blt lulc Of it IS al
present 10 cIrculaon-no rcnson exists why the
paper of thai Bank should be preferred
tmyc the honor to transmit a resolution of ila
} General Assembly &c tho State Of Indiana, pro.
testing against ans interference either by CoGgree
or the State legislatures, aith Inc domestic inst
+ ,ulous Of Tie slave holding Sa'es...A preamble
j ond resolutions OF the General kssemIfY Of tho
State OF Missouri respecting slaycry--Kesolulon.
q Of the council AMI General Assembly Of the Stat
c Of Now Jersey 10 relation 10 the Public Lanjs.an
!. a report Ola Join, Committee on the Same cub
n lcct--RcsoIu,ons OF the General Assembly &c Il.
4 Stat9 Of Missouri 10 relation to ito proper iis;ri
y button oflac Public Domain Resolutions OF III
II State OF Maine relative 70 the saue subect-Reso
&c ulons Of tAe Stale of North Carotna in relaiio
. 10 EApsngng, tic ubfrcasury, the Public ID
q Daia, END 'he patronage and expenditures Of la
II Geneta oscrnment--Rcso,u,ions of Tho STATE Z
: Ohio. approving Of the course Of the General &C