The Cecil Whig. [volume] (Elkton, Md.) 1841-current, 1845-01-11

OF Inc Slate 10 meet us Liabilities.
The existing laA laws, properly execu
led, will yield larger revenue than has
hitherto been derived from that source,
but will be still inadequate to meet The or.
binary expenses Of the government, and
t." pay the interest OF the public debt bv
abnu, the sum Of ;ol5U000 per annum,
aud further Legislation is therefore neces.
sary /" raise tins SUN.
Direct TAXATION is more objectionable
Ia the people, because though, by them To
I've more unequal Than any other species
OF taxation by which The public revenue
ran be raised. Iwould therefore suggest
to your consideration some subjects OF
taxation not embraced in the existing
laws, which ii may be. would raise the
required amour, aud which would proba-
bly, he less oneruns To the people, than All
additional direct tax for tina, pm pose
would then recommend that ever,
Executor or Admi is rator 10 whom lets
ters tcstamcnlarv or cr administration
shall hereafter be granted, shall, out of
The commissions to be allowed him by
tho Orphans Court, lay to The Register
by whom they are granted, 10 be bv him
Paid int" the Treasury, one pei cent upon
'he amount Of the persona estate of his
.tsralor or intestale.
Under the existing laws the max mum
of compensation allow ed TO an executor
OF administration is ten, and t minimum
five per cent.--lhe effect. therefore Of HE
pro- osed legislation will bc TO give to The
State one per cent. and to reduce the
maximum oi allowance to the executor or
administer to nine, and the minimum 10
four er cent This provision would
yield revenue Of not less than $4,000
ii would, III my judgment, be without
well founded objection, and would be
universally acceptable 10 the people Of ,he
Safe.
The mex, suhjee, of taxation moi en-
broced by The existing laws, 10 which |
would invite your attention, is a Tax upon
coNmeral MheruanceS. would recon
mend that whenever any person shall
hereafter die. seized or possessed of real
or personal property, without leaving
llneal descendants 10 Inlltri, the same. or
leaving IIneal desc endants, shalt devise on
hequcuth real or personal estate to any
other than TO such lintal de,celdanls,
that the person entitled to The same either
as heir al law or as devisee or as lcga;re,
shall rsy 10 the Register Of the county in
which such real estate sIalI be situate. ~
of The county in which The personal es,
tate shall be, fire per cent. pom The as
sesses value oi such real and personal es-
tate, to be by the Register paid into The
Treasury. Should this suggestion meet
with your approval. j, " i'll yield reven>
ue OF no, less than $4,000, and will in
my judgment be entirely acceptable 10 the
people.
would mex! recommend that every
Goute or grantee oi real estate should al
the lime he deposits for record tie deed
or instrument for writing which CONVEYS
10 HIM the l'Ie to such estate, pay To the
clerk IN whose Office such instrument is
under the existing laws to be recorded,
to be by him paid into The Treasury,
PER cent. upon the assessed value of the
estate by such decd or other instrument
con,c, ed. | have no data upon which !
can furIr an accurate 6 inare Of the a..
mount of revenue which this provision
would place IN the Treasury; bu. from
full reflection upon the subject and The in.
formation which have been able To col
lect, am persuaded that an estimate Of
100000 as The annual revenue which
would be derived by the STATE from lhs
source would approximate correctness.
Although have fully reflected upon
the provision which ! am about TO recon-
mend for yonr adoption, and have con
WINGED my sell that it would occasion H..
lie or 10 Inconvenience, aud would al the
same time yield very large rer,nuc TO
the State, yet feel some reluctance in
suggesting i, TO your consideration, as it
mug be thought BY some that it would
prove shackle upon The trade of the
commercial community. J would lhcn
with entire reliance upon your judgment
and confidence IN whatever conclusion
you may arrive al, propose lhat no bond.
mole, inland bill OF exchange, or other OBJ
legation ioE the payment Of money here
a Ter /" he taken, should be good or plea
dibie- or given III evidence IN any courl
OF law or equity in ibis Safe. unless the
same should al the tlme they are signed
be stamped in lhe manner pro-, ided for
by the Legislature, and would provide
that the ale should receive for the STAMP
required on a note or other obligation for
he pay men. Of suus of $500 or under.
the sum of twenty-five Goats; sums OF
more than $lC0 and less thas $500, one
d"IIar; at sums of more ',I'an $500 and
less :slan s 1000, two dolars;oi sums OF
more Than $1,000 aud less lhan $4,000.
three dollars; and Of sums of more than
$1,000, fre dollars. Practically the eff.
iect OF thls legislation would be to impose
IIt