Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1846-01-29
important Measures.


funded debt of the State and for the completion of
the Wabash and Erie canal to Evansville on the Ohio
river, is now the law of the land and will go into
operation, so the holders of one half of our
internal improvement bonds shall into the ar
rangement, which we presume will Immediately take
place.
The wishes of the entire people of Indiana, we be-
lieve, have been met in particular, at least in
the provisions of the BILL viz the surrender of the
Wabash and Erie canal for one half of state in
debtedness. We are not amongst those who would
underrate the advantages of this canal in the hands
of wealthy and enterprising company. We be-
lieve that those who will most likely take this matter
in hand, will make it very profitable. No one can
look at the map of the Union without being struck
with the directness Of Its communication, great
connecting link, between the cities of New Orleans
and New York, and should not canals be superseded
entirely by Railways, the day is not far distant when
double width canal will take the place of the one
now finished and about be constructed throughout
the entire length of Indiana. Our bondholders, who
take this canal, will mistake their own interest if
they do not Immediately the vigorous pros
ecuton of the work. They have the advantage of
making side-cuts and feeders which will be of in
calculable advantage to the country through which
the canal passes. This will afford abundance of
ter power of the great of improving
country. Highly productive, however, as we believe
this canal will be in the hands of wealthy company,
to have let it remain in the hands of the State shat
tered credit and have been, previous
10 the passage of this BILL would have been a suci-
dal policy. The State had available means to
prosecute the work. and the value of the lands dOna-
mated from the General Government directly identi
fed with the certainty Of the completion of the canal
So that while the canal in the hands of the
State, would have been fruitful source of leg
islation and expense, which would have subtracted
greatly from its profits, the hands of vigorous
company it may be immensely profitable.
The bill, to carry out the provisions Of the
for the settlement of the public debt provides for
taxation of D cents on the one hundred dollars val
uation of property and 10 polls-ths is the
highest point which it is said taxation is obliged to
be raised carry the provisions of the above BILL
This is an increase of cents the hundred dollars
valuation of property and p cents polls, over the
taxation of the past few years.
A bill has passed both Houses providing for a COM
pensaton of dollar per day grand and petit ju
rors, with power, in the hands Of the different county
boards, the compensation dollar and
twenty-five cents reduce it to sevent y-ve cents
An important bill has passed both Houses provi-
ding for revaluaton of taxable property in the State,
during the present year. By this law it is made the
duty of the county commissioners of the several
counties, at their March term 1916, appoint as
SCISSORS whose duty it shall be- to appraise all the
real estate subject taxation, which appraisement
shall stand and remain in force until altered by the
Legisature-to be governed by the Revised Statutes
in their duties, except so far as the may contra
vene the provisions of this act. The assessment in
Owen county to take place by township assessors
Other counties have the privilege of appointing
county assessors provided, that where any of the
counties have assessor, the county board shall ap
point the appraiser In the counties of Scott Craw-
ford, Putnam, Monroe, Morgan, Dubois, Dearborn
Hendricks, Washington, Randolph Switzerland
Knox, and Boone the appraisers of personal property
shall be the appraisers Of real estate 1t is made the
duty of the several county auditors to make out and
deliver to the appraisers demand, list of all
able lands situate within their respective counties on
or before the tenth of March, 1916, together with
the name or names of the owners thereof
Another important principle, showing the progress
Of the age, has been partially adopted the presen
session. We mean the passage of law giving dis
cretionary power to jurors, IN all of muir
der in the first degree, either to punish CAPT
tally, by imprisonment for life in the Stat,
prison. Under this law few, if any, executions viii
take place There viii be more convictions than under
the old law, and punishment Will certainly fol
low crime.
An act has passed giving FIVE years additions
time to borrowers Of the various trust funds neres
being punctually paid where the officers of such fund
deem the securities sufficient.
An act has passed giving printers the same fee
for publishing delinquent lists allowed for tn
publication Of Sher's sales, making it their duty
insert them in compact a manner as possible.
bill has passed both Houses providing that
vote shall be taken, at the August election, for
against calling Convention to amend the Constitu
tion Of the State.
An act has passed, providing for the purchase
not exceeding thirty of land, adjoining nea
indianapolis, for a site for the erection of budin
for the Deaf anil Dumb Asylum. at a price not ca
ceedng three thousand dollars--the purchase to b
made by the trustees Of that institution.
An act has also passed. authorising the erection {
splendid building the site purchased last summe
of n. Bolton two miles from tbs city, To be know
as tie Indiana Hospital for the Insane the built
ing cost thirty forty thousand dollars. Til
building is to be four stories high and The basemer
story will be erected by next fall in order that tn
foundation may settle, during the next winter.
tax Of one cent on the hundred dollars has been eye
for the coming year, for this purpose ALSO FIVE mill