The Ohio union. [volume] (Ashland, Ohio) 1849-1854, 1852-06-02
The New a Law--Ihe Grand Levy for
for 1889,
BY a circular from Auditor MORGAN, we
learn tina, the grand levy Of taxation in this
State for 1852 has been fixed as follows:

year, Notwithstanding the croakings Of The
wings about extravagant expenditures of
The last Legislature, and the levy would be
much less still were it not for the hostile
attitude of banks and other corporations
who still refuse to pay the taxes assessed
10 them under the laws of 81 and so, re-
turning their assets under the old law which
taxed them only on their profits. Here
are millions of privileged capital claiming
the protection of the law which refuses TO
be taxed as other property is taxed, and is
at war with the executive officers of the
State whose duty it is TO secure this just
revenue to the people. The delay which
this combined opposition or conspiracy o.
these corporations occasions, renders it
necessary to put the levy far above whatit
Otherwise would be: could they be COMPEL
ed 10 pay instanler, as the unincorporated
are.
When the principle of equality shall he
carried out by the executive departments.
as contemplated by the New Constitution
and this New Tax Law, when capital as
well as labor shall bear its just burthen of
taxation, the people, the workies, the toll.
ing millions will find the tell upon their Toll
largely diminished, and the exactlons upon
their industry materially lessened. The
fact is, they have been in the habit Of pay
ing iithes to these corporations, sowing two
acres Of wheat for themselves and one for
the banks, dropping two kernels of corn
for home consumption and one for the
charter mongers, toiling two days for self
and ore for the privileged orders. The
question is now to be decided whether the
people or chartered monopolies shall rule
in this great State, and whether three hun.
bred millions Of capital hitherto locked
up by special exemptions of law, shall be
now brought on 10 the grand duplicate and
made to bear its just proportion of the
burihens of the State. The Ohio Life and
Trust Company with a capital of two mil
lions ard a landed aud trust interest of
many millions. paid not one cent Of tao
in ls4s! And why! Because her charter
allowed her the privilege of using this vast
capital TO fleece The wOridif she could, and
BY monopoly grind the face of the poor
but if she failed in her extended sPccula-
lions las she did in 49, and on a single
seasons business made no money, she
paid no tar, because under the old Con
s%lilu,ion and The old law, all banking cor
porations were taxed only on their profit.
The State, the people, were no doubt tax
ed to protect this institution in all her ex-
tended and privileged interests, thousand
of dollars that Uery same year; for be il
known with land in almost every county
of the State, bonds and mortgages in every
court Of record, loans and discounts in
every conceivable shape, she taxes the
government more for her protection than
any other institution now in being, save the
Bank of England. And yet in '4s she
paid not a single cent Of taxi! And this
is the way farmers, mechanics, merchants
and all laboring men have been paying
fifhes to these institutions, and which they
would ever had to do had not The people
in their power overthrow the tables of the
money changers and placed the govern.
ment in Democratic hands. The days of
the charter mongers are over. The people
will never again surrender their interests
into the hands of a "Board of Control"
nor will they ever acknowledge the claims
of the Script Mobility to special exemp-
lions.
With the grand levy reduced this year,
and thus privileged capital made 10 pay its
thare of taxes, another year will develop
he full fruits of a Democratic Administra.
lion of our State affairs. With our State
expenses less, and our resources for reve.
nue. (by taxing all property equal several
millions more, the burthen which has here.
tofore fallen heavily and almost exclusively
on our working population, will be greatly
lvsscned.- - ieU. PiaiHdcaler.