The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1848-12-06


aashi 10 h. abiained n me prrseRi rate
There has heen. also. an inrrase IN n,
year n sl56I - In the poll TAX. n ap
peaEs nnw in he cnllerird an I73.I 10 per
sons. sgainsi los 81 o IN The prerians year
] an Vel satisfied. hnwever. frhm Ihe sta
ilsiics. rmbodi.d IN nv fnrnler message
thas e'en this number falls sllnrI. hy n
least 10000. of the whole taxable p0pu,
laii"n NJ the stale. Il therefore will cal
Tor ynnT investigation. why a valua,inn m
laaai NJ s6d.i30. sci. N six rents on The
one hnnsired dollars value. yields only
s37.92l 81, and why. auI Of al least u 5.
600 taxable polls in The state. more Than
10000 vet escape Iaxaiinn allngelher.-
The important addition 10 the revenue on
an real property and pills of near $1,000
by reason 0f the measures adopted ~ the
lasI session. has hecn the prndncI of no
new imposition on our constituents. hut
the mere consequence &c fair and equal
contribution tn those fnrmerly existing.
By \ slill closer scrutiny OF the suhieri,
especially in The department 0f the poll
tax. apprehend that Il plan may he de-
vised 10 "htain still further increment al
five or SIX thousand d"llars, from the same
sources. ii existing nties.
But with alI the aid derivablr from such
measures. The treasury will need addition
al means 10 red'lre our liabilities as pro-
pnsed above. The revenue collected. the
present year. from an sources. amounts 90
S96.604 60. By correcting the tleiiricn-
res just now exposed, il may he raised 10
exceed 100000. leaving deficit of about
$4,000, To he supplied from other re-
sources. OF this il may be reasonably
calculated, that sl2.OO0 per year may be
derived from collections ON Cherokee
bonds transferred 10 The treasury, from The
fund Cor Internal Improvement. under an
act Of the Inst General Assembly. 1.-two
rents be added on the hundred dollars va
lne Of real estate, Nv was the law prior To
1921. and six cents On the poll. they
would yield ennugh. with the claim on the
War department before mentioned. and
the debt secured by mortgage ON the Wei.
don toll bridge to the Board Of Internal
Improvement, which il nm vet collected
to make up the residue. II is. however
the peculiar province Of the Legislature,
To devise the ways and means To fulfil
all our engagements and preserve the pub.
lie faith. And in suggesting those just
named, whirh aie simple, usual and Ger.
isinly reliable, ] desire TO bg understood
as entertaining no preference for them, a.
General Assembly shall approve. The
duty Of the Executive is performed in
presenting with irankness the necessities
Of the Treasury, leaving the manner and
time Of relief 10 The proper constitutional
department of the Government. II is Of
moment. however, that measures should be
taken in due season 10 liquidate by degrees
the States liabilities, and The process here
in recommended is not more speedy than
wise policy demands. lf additional re-
sources shall be realized from a sale Of
The Railroad, or recoveries in the suits a.
gainst the stockholders, they will come
opportunity in fur,herance Of The mca-
sure lor reduction now proposed. but the
expectation Of Them does no, justify its
,puslponement al the present session.
You will doubtless observe in The re-
ports Of The Comptroller. that there is 10
statement Of any tax, received on the
succession 10 estates, real and personal, OF
deceased persons. by others than lineal
descendants. which was imposed by an
act Of last session. Whether the unlruit-
fulness Of this source Of revenue thus far,
has been owing to the failure TO prescribe
any specific time for its payment to the
clerks and for its being accounted for by
them. or to other causes, is question for
your investigation.
Agreeably 10 the instructions of the act
of the las. session, caused an informa-
tim in the nature ola Bill Of Equity 10 be
instituted in the proper Cour. of Wake
county, against the stockholders and 9TH
er ohligors Of the Raleigh and CASTOR
Railroad Company. 10 recover the indem-
nifty stipulated in the even, Of any loss TO
the State. BY reason other sure.yships for
tina. Company. The g,ea. number Of par
ties defendant and the changes of parties
by transfers Of interest, and bv-dealhs.
have delayed 4he progress of the cause to
final decision. And as il embraces the
main subjec, of controversy between the
State and any of,I e defendants, the coun-
sci for the State have not pressed forIrial
the actions a. law against some of them,
which had been previously pending.
My opinion Of The legal responsibilities
of these parties, wa. presented al some
length in the message Of i6, and remains
unchanged. In consideration, however, OF
the circumstances Of their case, ! am led
to the conclusion that il is proper sub.
iect for adjustment by compromise. and
that liberal terms should be allowed by The
State. The transaction which occasion
ed it has been truly unfortunate for both
parties. While on the one hand II has
imposed burlhen on the Treasury, which
is heavily felt; on the other. the Who'll,