The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-04-01

vidirg any compensation 10 the Of it, has
20 far amounted TO but tric, Tin 1861 to but $6-
5e6) should yield The State not less than $500 600
A. the very lowest calculation, cur malc population
cannot be less than 100000, we think it is
more likely to be 000 but from 100 900 the State
would have received 500 900, had it not have been
for burglary in her law making power. If adequate
laws ore made to enforce the present revenue bin,
the State receipts during the year 1852 cannot
possibly be less than $500, coo. OF this srnw viii
want, if our whole debt be converted into 10
per cent bonds, $l60, 600 for interest and $50 600
as sinking fund, leaving S290,o00 per annum, to
pay the current expenses OF the government, which
rum is certainly more than sufficient. We cannot
any possibility of our being unable regularly
10 meet the payment of eintcrest whole debt,
and make an adequate yearly proviso towards extin
gushing the principal. Then the debt about one
hall otthe whole sum, viii, undoubtedly, eventually
he paid by the federal government; it has paid
similar claims ia each case that has arisen in any
other State, and we may safely rely that ultimate
justice will be done TO IN that respect. Ia regard
TO debts incurred tor war; tho States are like minor
children obtaining absolute necessarics credit
tho parent muss pay the bill. Tho old gentleman
may scold and swear. and threaten and flourish his
cane, Tut if he has the means, which, il this case
our old gentleman has, he must settle, very much
against Lis will. perhaps but nevertheless he must
do il. We can see no trouble with our SOato debit
II il is put into correct shape.
The DeTdtch continues the subject of taxation
in Its issue of the 18th ult., as follows -
We DO not wonder at some OF tho counties be-
cQnlnE FESTIVE under the valuation placed upon the
lands within their borders. But the southern coun-
ties certainly cannot complain on this score the
following table, which have carefully calculated
from the official returns. viii fully show; though
there is another cause for complaint. for which they
have undOubted grounds. Los Angeles, Monterey,
san Luis Obspo, San Diego. ana Santa Barbara ro-
turn nearly five millions asa ,205) acres OF taxa
| bic lands, while Butte, I'll Dorado Placer, Shasta
and Sonora acknowledge To but trte over half u
million, t620.5!0) and the FIVE first named counties
| value their town lots ut I'll 01333i the latter at
| S4ZI iE5. We can sec TO reason Why tho ground
out Of which we dig $1,000 per annurn IN gold dus.
should not be taxed exactly high rs tho land out
of which neghbor digs So 600 worth Of potatoes.
| he cry may be raised, it is 2 tax on labor: but
we cannot see it in that light further than
all taxation is tax labor, as labor
is the of all property. Again, it may be said
that the minor has no title to has property, may not
stay on it q month, and that tax would be con-
rary to doctrine OF leaving tho placors open to
all. We grant the miner has no title except ocou-
paney, though think the United States should
protect him that title: but this has nothing TO do
With the value of the land. Tax the land and make
the man it pay. and he viii take care when pur-
chasing claim, that the tax is paid, or sufficient
allowance made for it, But We wish it distinctly
understood. that are not in favor of any per
centage being taken from the gold; we merely ask
that the gold region be made 10 bear its proportion
OF the State expenses. which the annexed table
shows ii does not do. Possibly as good plan as
any that could be adopted to arrive at this result
woHld be for the Board of Equalization to assess the
ties to raise it in such manner az best suited their
constituents IL is not fair That the Agricultural
portion Of The State should stand the brunt Of our
excuses.