The Kalida venture. [volume] (Kalida, Ohio) 1841-1865, 1851-05-02
An Enemy OF the People I'm the state
House. NA


An Ensny Of 'hs Mdsss.p sssplo In the state
The following official circular Of The
State Auditor. addressed to ihe Bankers
of the State, will speak for itself. 1t is
wriiien,as il purports, on the passage ofthe
law lately passed, for taxing Banks. AS a
documen, emanating from an official Of
fcer il is disgrace to the State. III
bcgs, and wheedles, and pleads specially,
to the most coldly, avarcious, unpatriotc,
and selfish class and institutions in the
State, like good dears, to come in and be
taxed like common people, that is il i;
suits tlem,--not placing the power OF tax
alton over them as an essential principle
Of the sovereignty Of the State, and
power Of such imminent necessity that
il cannot be placed in obeyance BY any
Legislature, but he gravely and in elfec,
tells them that they may treat the law as
so much waste paper, il they will--only
that they are making better bargain out
of the people by obeying this law, than
the act Of March, 90, 1850! li,his is tho
case. Of course they would have sub
mitted without Woods begging letter,
bur ifnot, tley know tho timid temper OF
the officers, and have recognition ofihe
right of resistance furnished by the very
official who, next 10 the Governor, ought
10 have the highest interest in seeing the
laws faithfully executed, and such an
officer is grossly derelct OF his duty,
when sinking into The merest par'lzan, he
treats Banks and Bankers as lordly
class, placed above the people, and no'
responsible to the burdens which all pro
peny ought in equal proportions to bear
whether Of the poorest citizen or the
aristocra,ic and insolent corpor aior:
/ AUDITOR OF STATES OFFICE, b,
| Columbus, April 10, 1851. i
| Srn-Annexed is copy of"An act Il
tax Banks, and Bank and other stocks ,h'
same as other property is now taxable
by the laws Of this S,ate," passed on the
2ls,of March, 1851. ! desire to cal
the attention the Banks to this law, AM
1 hope that they ,rill promptly assent t
lis provisions. II will be seen that th'
law took effec, from the date Of its pass
age. No tax or per cent, upon an.
dividends Of any Bank, under any othe
law or under !beprovisions oftheir charter
will be assessed, or required 10 be Sc
apart 10 the Sta.e after the date of thu
act, by which the modes of taxation
provided in previous laws, are superce
ded.
ANY Bank rhich assents TO the propis
ions ofthe laD, can report directly t'
the Auditor Of the county, the value o
) it's capital stock, with the amount Q
the Bank, upon which the taxes will b,
: levied for all purposes, to the same ex
tent, that personal properly shall be taxce
at the place where such Bank is loca
ted. h-9,"d9i .1 lH. ,3N.'
| herewith send you copy ofa circu
lar, which have this day transmittet
TO the several County Auditors, by wl,cl
you will understand, more fully the course
Of proceeding which deem it proper TO
adopt. tH i"t
| trust that the Banks ,Dill at once as
sent TO the provisions Of this law, ,rhicl
are more fayora 6Ic to them, than the dc
of March 23d, 1850. Under that act
the whole amount of the taxes leviet
upon the Banks, was paid into the State
Treasury. Under the provisions of the
act, Of which copy is annexed, the take,
paid by Il e B nks are distributed forSlate
county, township g. corporation purposes
The stockholders have, therefore, the
benefit Of large proportion Of the take.
paid by each Bank, which will be distr
buted for local purposes in their OWL
neighborhood.
| will be pleased TO receive an an
swer from you, as soon as practicable fol
your board TO act on the subject. q,
Very Respectfully, laa