The Democratic sentinel and Harrison County farmer. [volume] (Cadiz, Ohio) 1851-1852, 1851-06-18
An Enemy of the People in the
State House.
From the Kalid.

From the Kalida Venture.
The following official circular Of the State
Auditor, addressed to the Bankers of the
State viii speak for itself 1t is written, as
it purpOrts, on the passage Of the law lately
passed, foT taxing Banks. As a document
emanating fsap the official officer it is dis
grace to the State Il begs, and wheedles, and
pleads specially the most eoldly, avaricious,
unpatriotic, and selfish class and Institutions
in the State, like good dears, to come in and
be taxed like commoa people, that IS if 1t
suits them,-not placing the power OF taxa-
ton oyerthem as an essential principle of the
sovereignty of the State, and power Of
such imminent necessity that it is not to be
placed in abeyance by any Legislature, but
he orayely and in effect tell him that they
NAV treat the law as so much vast paper, i
they will-only that they are making bet
ter bargain out OF the people by oheyng thi:
hy, than the act of March %, 1891 L
this IS the case, of course they would have
submitted without Woods begging letter
but not. they know the timid temper OF thu
officers, and have recognition of the right o
resistance furnished by the very officer who
next to the Governor, ought to have The
highest interest'in seeing tie laws faithfully
executed, and such an officer is grossly de.
relict of his duty, when sinking into the meres
partizan. he treats Banks and Bankers as g
iordly class, placed above the people, and
not responsible to the burdens which all pro
perty ought in equal proportions to bear
whether Of the poorest citizens or the aris
tocratic and fnsolent corporator;
AuDSroE OF STATES OFFICE,
Co1tMsyys, April 10, 1851.|
S1R:-Annaexed is copy of can act t.
tax Banks, and Bank and other stocks the
same as other property is now taxable BY
the laws of this State, passed on the 2lst o
of March, 1851. ] desire to call the atten
ton of the Banks to this law, and Ihop
that they eOU assent tg rs proVisjoas 1t vii
be seen that the law took effect from tn,
date of its passage. No tax or per cent, up
on any dividends of any Bank, under an,
other law or under the provisions Of thef
charters will be assessed, or required to b.
j sci apart to the State after the date of thi
act, by which the modes of taxation, provi
ded in previous laws, are superseded.
| ANY Bank which asserts to the promejoaas 0
the lar, can report directly to the Auditor Q
they county the value of its capital stock
with the amount of surplus and contingen
fund belonging to the Bank, upon which tn
taxes will be levied for all purposes, to tn
same extent, that the PERSONAL property shal
be taxed at the place where such bank is 10
Gated.
4hgrewhh send you copy of circular
WHICH I have this day transmitted to the sew
eral County Auditors, by which you will un
derstand more fully the course ofproceedins
whice ! deem st proper to adopt.
Itwst that the Banks uW at once essen'
to the provisions Of the law, wh'eh Is .faoora
bic to denl, than the act Of Marcel %, 1850
Under that act, the whole amount gfth tax
es levied upon the Banks, was paid into til
State Treasury. Under the provisions Q
the act, of which a copy is annexed, the tax
es levied upon the banks are distributed 70
State, County, Township and Corporation
purposes. The stockholders have, therefor
the benefit of a large proportion of the taxes
paid by each Bank; which will be distributed
for local purposes in their own nelghbor
hood.
! 7 will be please to receive an answer from
you, a. soon as practicable for your board tt
act on tie subject.
Very Respectfully,
J0HNWOOnS, Auditor.