The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1854-11-29

msnl u Tar River has been paid % tie
Commissioners appointed 10 saPeFin.
tend that work. ID believed that the
appropriation will be found insufficient
to complete this desirable improve
meat.
The Fayetteville ans Western Plaak
Read has been extended. This yalua-
Bile improvement has paid good disi-
dends. and affords great facilities 20 the
public. The report o. the President
and Directors Of the Company having
that Road in charge Is herewith trans
mitfed.
The Western Turnpike has also been
extended. and Is a work ansrdlng great
convenience TO the portion Of the State
in which IL j. located.
The stock Of the Mcdowell and YzB-
eey Turnpike has been subscribed, and
part of the States subscription has
bernpaid.
The Reports Of the Cape Fear Ma
sisstien Company. and Of the Western
Plankrpad Company are herewith trans
mitted. Also the report Of the Pre-
sident Of the Petersburg. and Of the
GrrrnviIIe aud Roanoke Railroad Com.
panies; and the report Of the President
aud Directors of the Roanske Nasiga-
ton Company.
Agreeably to the provisions OF the
Act passed at the last session OF The
General Assembly. to Incorporate the
Atlantic and North Carolina. and the
North Carolina and Western Railroad
Companies. arrangements were made
with the President and Directors Of the
North Carolina Railroad Company for
the sur,ey af Railroad route from
Beaufort Harbor TO Goilsborough, and
also for the survey OF a route from Sa.
lisbury to the Tennessee line. in pnr-
suance Of these arrangements, Col.
Walter Gwynn was appointed chiei
engineer to superintend their execu-
ton. The surveys Of both these im-
portant Improvements have been made.
The able report uI the survey of the
Eastern Route has been made, and is
herewith transmitted. The reporI Of
the Western Route will be transmitted
when finished.
The attention of the General Assem-.
bly, is respectfully invited to the sub.
ject oi common public highways. Good
roads are very important to every CON-
munity. The present mode al assess
ing the labor 10 construct and repair
the common highways, is unjust and
unequal. The labor performed is a
tax. 1t frequently occurs under the
existing law. that persons possessed oil
large estates contribute little or no la
Dor in repairing roads, while heavy ex-
actions are made Of others whose means
are very limited. This is wrong. Per.
sons ought to contribute in proportion
To the value OF their estates.
The amount Of public debt. on the
3ist OF October. 1854, was 80. 500, 970
81. This does not include $3.50, 0OO
Of the Bonds Of the Wilmington aud
Raleigh Railroad Company, which are
endorsed BY the State, because the
Company regularly meets the interest
and from time to time 10 paying a por.
ton Of the principal Gifts debt.
The report of the Public Treasurer
showing the condition Of the finance,
of the State, will, in due time. be COM
municated.
The report of the Comptroller, fol
the fiscal year ending October 5lst
1858, is herewith transmitted.
! In regard to the revenue system,
repeat the recommendation contained
in my message at the commencement
ut the last session of the General AS
sembly M more money should b,
collected from the people than is ne
cessary TO defray the economical ex
penses Of a good government. Taxa
ton is indispensable; but it is one o
the first duties of the statesman To en-
dcavor to egualize the burdens, as wei
as the benefits Of the system. OF lat,
years, the demands upon the Treasur,
have increased, and our financial sys
ten has assumed more important as
pcct. The tax for county purposes i
collected entirely on land and polls
and the amount paid into the public
] treasury. on these two items, is small
! when compared with the tax paid 70
county purposes. An examination in
TO the existing revenue laws will shov
that they operate uncqually. In man,
cases, the discrimination made between
objects Of taxation is strikingly unjust
/ As general rule, it is believed tina
the tax un the estate of each person
should be in proportion to its value
subject to such exceptions as circum
stances and fundamental principle
may justify. Inasmuch as property
on tue one hand, ought not To be mad