The weekly Lancaster gazette. (Lancaster, Ohio) 1852-1855, 1854-01-12

did not entltle them to the injunction pray
ed for.
Jones s. Smith, Attotnies for plaintiff.
Page & ReDick, for defendants.
a From the Cincinnati Gazettec.
4 deslseta cali the attention. Of your sead-
ers to the part OF the sGovernor's message
which refers TO t~hestaxation Of B fnks,in re-
gard to w%hichthere Is a mistatement of the
facts, too gross to be allowed TO pass with
out notice. Either the G Governor has Who'll
" ~misconceived the question at issuo be-
tween the Legislature and the banks, or he
has deliberately misrepresent led It. He rep
fesents the banks resisting an attempt to
make them paw taxes in eQnal proportion TO
individual tax payers; when the fact is. that
llbpy only resist an a tempt 10 make them pay
more haR others.
The law in cooperating the State Bank
and branches, and the Independent banks,
reserved to the State a tax of6 per cent, on
1.-The actual profits Of each year. This law
being accepted by the banks, became q con-
tract between the State and the banks,
which neither party have a right to violate.
In 1851, however, u Jaw was passed, direct
linz that the banks should be taxed on the
amount Of their capital paid in, with the
addition Of their contingent funds, or sur
plus profits on haud-in other words upon
the actual umount Of their property of iidi-
viduaIs, SO as to subject the money Of corpo-
%rations, invested in banking, to the same
taxation as the money Of individuals invest
ed in the same, or any other business. But
an the Legislature had no right thus TO
change the mode Of taxing banks. without
their consent, there was a clause in the
same law, tending II to the acceptance OF
the banks, and a number of the banks, ]
! think the larger number did actually accept
IL in wriIiag, nd did thereby agree 10 be Tar.
ed HE same amount and in The same manner
as individuals, Afterwards the Legislature
passed another law, taxing banks not only
on their capital, aud actual assets, but also,
in addition upon their deposits, discounts,
&C., so as to require them to pay four, five,
and in some Instances as much rs ei9ht
times as much tax as individuals puy, on the
same amount in any other business. This
is the law now attempted to be enforced.
The banks are willing to pay the same
taxes that individuals pay; there is no pro-
priety in requiring, them 70 pay more. All
men should pay alike whether this Is the true
position Of the question can be ensily test
ed. Let the Legislature pass a law, declar'
ing that the banks and bankers, whether
Incorporated or not incorporated, shall be
taxed on the actual amount of their capital
or of their own bona tide property, owned
and used by them, precisely in the same
manner as Individuals nre taxed, and we
shall see whether any one objects. No one
will object to such a law. A. b,
Masonic INSTALLATION AND Festival
The Undersigned Committee Of the differ
ent Masonic bodies in this city, respectful J
announce to the Masonic Fraternity ant
; citizens generally that there will be a pub
lie Installation of the officers Elect, Of Ami
ty Lodge No. 5, Zancsyille Royal Arcl
Chapter No. 0, and Cyprus Encampmen
No. 10. On the afternoon Of Jan. ~ 1854
{, There will! bo a procession, a number o
addresses aud q grand Masonic Banquet II
. the evening.
Past Grand Master Thrall, Krider an
, Hubbard will be present. Invitations hav
: been given to other distinguished Masons
I All Brethren IN good standing and citl
zens are invited to be present.
Further particulars will be given In pre-
gramme ,obe issued hereafter,
, c. w. P0TWIN, Com. ofAmity
JAS, DARLINTON,S Lodge No. b.
o &c. +. HOUSTON, CON-, La Eaystt
Lodge No. 10.
!, w. NJ. SHINNICK, Com. Zanes. r.. A
y Chaplin No. 0. ~u
Q HENRY X. LOVE, Com, Cyprus En-
campment No. 10.
( GAINESVILLE, Jan. 3, 1854.
2 -.
: WoRK FOR lS04,-The New YORK sur
j sPeuA'"so '"e 1"' 4""''s
the present year. SUITS out the 'o'lowlh
work for Congress. Tho job is rather a
= extensive one, and Involves many ~intricat
: questions:
First. The Railroad to tho Pacific.
Second. The Annexation of Sandwic
. Islands. ST
9 Third. The Queslion Of Cuban Indepen
dence. w.
Fourth. A new settlement with Mexico
. Including the Mesillu Valley and Tehuan
!, tepec disputes, aud Santa Annals Imports
d pretentions.
. Fifth. The practical assertion and Wind
I -.