New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1855-11-10
The Table marked III gives the value of produce
ceiYed ii New Orleans from the interior. during The

| for ISIS BY nearly ST 81 per cent.
The average value of produce received from the Int
rior for the asten years. amounts 10 $780, 65S pc
years thus showing that the value Of the receipts 10
The year ending September 1855, exceed the average
by more than 10 l-5 per cent.
The result Of the foregoing analysis of the tables, fur
nished by your committee is as regards the CONNER
stands in direct contradiction Of the representation
rife 10 the decline of c and shows hai for me
pnst ten years. covering the period during Whlsh y mas
IS been alleged thai commerce has decned New or
leans mas advanced steadily and healhiny in the chic
). elements of commercial greatness IS, ~
= cnmnarison Of Table III with Table (E) exhibits
2 The extraordinary fact that although trade with the
North has greatly lessened yet the annual value
the produce received from me INFERIOR mas increased
y ina that those sections Of country which i'm
n1ediately own, of which New Orleans is
ry The mart, have, within the period specified, beer
greatly opened 10 cultivation, and holding 10 us
large promises in the fuiure when Texas shall have
been penetrated by railroads, which will make her
tributary 10 our own wealth are the sugar lands
the Atakapas
in preparing the following comparative statement O
the wealth. internal resources and Indebtedness of the
. cities of Ndw Orleans and New York, your committee
have based their calculations upon the numerical popu
laon ofthese cities, and have drawn their data from
the last annual report Of their respective Compiroers
. New York has a population Of 65o,0O0; New Or
leans has population Of 100000 New Orleans is,
ri then, 10 New York, as Is TO 80.
The total receipts, from all sources, received into the
Treasury OF New York for the year ending July LIST,
, 1855, amounted 10 6g6 So.
Thetotal receipts, from all Sources received into the
Treasury of New Orleans for the year ending January
. Isl, 1885, amounted TO So 1855 06.
Taking the ratio of population our basis New Or
leans, 10 have equaled New York in her receipts,
should have received for the year ending January LIST,
1855, sas70699 27-being S55i ts4 p more Than she
did receive, and thus falling behnd New YORK IL 5-2S
i per cent.
Fl New York taxes personal property. 0@
The total assessedvalue Of real and personal property
nthe city of New York. fol the year ending July Isl,
1856, was SdsG99s, 27s. OF this amount, S50 02a4 Il
represent personal property, being in value equal TO
per cent of the real estate, which was assessed
j ss3b.975,sG5.
The total assessed value Of real estate in the city
Il New Orleans, for the year ending January lst 1856
was 2247 AGO. If TO this we add d5 per cent.
$3.50, representing The personal property
/ New Orleans, we have total Of l0l 75s,759.
estate which does not app.ar q all upon the rolls, 10
an amount OF least Sl5,000000. If we add to this
cent being sesoo3 We hay sos total Of real
| taking the ratio of population between New Orleans
and New York to be Is is 10 65 The ference to
wealth, in favcr of New Orleans, is Sl4,l24 ;5il or
/ TN per cent.
The department Of assessors of properly and of
supervisors ofassessmsnts, for the city New York,
kind. We compelled 10 base our taxation upon
made out by the Assessors for the Slate
men, for The most part elected for their party pedec
lions and who labor as iaI Us me city IS concerned,
without accountability. Nothing can be more iejune
than system of finance resting upon crude oun-
daion. II New Orleans is 10 become, in the future,
what her geographical position claims for her, the pre-
sent system OF taxation must tirst undergo radical
change. The State should grant 10 the City the right
ppont of property and the basis of lax
alton should be so enlarged rs increase the receipts
while greatly essening The burden upon The individual
tax payer The fendal idea that land and houses only
are property, must be done away with in our Iegisa-
| ton. There can be no honest reason why who
has goods the value OF $500 600 stored in the heart
city and for which the CITY stands security
against all less proceeding from the violence Of mob,
should be exempt from taxation ihereupon, while the
owner OF real properly saggers under The burden of
So 45 upon the 500. In ofhe Importance the
matters here referred To- and step towards re-
formation, your committee offer tue accompanying
luton
The total expenditures of New York for The year /
ending July ], 1856 amounted 10 SIl,705799 eI.
The total expenditures of New Orleans for the year
ending January !. 1866 amounted to $685., 3U7 rs.
Thus taking ,he rato Of population as he basis for
f7-27 per cent. less than New York
The total ordinary expenditures of the city of New
York for The year ending July /, 1855, Ss,s49,
The total ordinary expenditures of The city OF New
Orleans ior the year ending January l. 1855, were
81 ,9d7, $50 60. |
The ordinary expenditures, therefore, of New Or
leans when compared with those of New York, as per
Tatio q populaton were s94f5a % or AZ per cent
The Total PTS Of New York for the year ending
July i 1855, amounted 10 s12s3e,696 &c. She raised
ty taxation S5,466o5l 81 leaving balance obtained
from other resources of S6,973,645 55.
The total receipts of New Orleans for The year end.
ing January 4, 1855, amounted 10 S23l9,5l5 06 She
raised by taxation Si,7t9,765 AZ leaving balance
obtained from other sources of @590,7i9 g.
The total receipts of New Orleans from TAXATION
when compar ed with those of New York, ns per ratio
s*ANtro
,f 1863, 3615 per cent When we consider tha
New Orleans taxes real estate alone, while New York
axes equally real and personal property this exhibit
makes patent The monsirous injustice Of our system Of
axation. We raise in ratio of population, from real
state alene, more than New York raised from the
ombined capital of her real and personal property
What stronger argument be urged in favor Of en-.
nrgng our bass of taSalion and by embracing lherey
ersona property, distribute equally upon Inc sIoni
ers OF all burden which is now borne wholly by Il
w.
The total receipts Of New Orleans, obtained from
ourccs other than taxation, when compared as per
tito Of population, with those similarly received NV
lew York. show deficit against New Orleans ~ i
i,009,553 20, or 1G5 Is per cent.
This deficit arises mainly: Ist From the defective
of our ordinances relating 10 the
trades, and the various divisions of business and
In our city and secondly, from HE Wholly
deficient executive execution of such ordinances | !
uchng the matter as re now possess. New Orleans !
have equaled New York, as per ratio of ponna,1nn
houd have raised, from other than iaxntion
" the year ending January 1855 The sum Of 4 snn
W So; whereas, she actually thus raised only
500 7f9 g. is unnecessary 10 add that our license
gstem requires both In its construction and IN liz
ltion a most thorough reform.
Were New Orleans 10 TAX equally, bolI real a.,
onal property We Should in order 10 raise the sum
79, 765 Al being the amount raised by taxation
i the year ending January Ist, 1855, and laking !
126,50s,759 basis, levy lax of one dollar ma !
riy-six cents on The hundred; but were our ordI-
ances touching the granting oflicenses, also duly en-
reed, thus yielding the additional revenue of S1.eO0
% 10 we might raise the sum requisite to make M =
s3i9,5l5 06, being The total receipts from all sources
y year tnuliS january ISL, 1900. by O only
fty-six cents and Two mills tho hundred dollars .
Jus close at hand has city the means with a 7
realty reduced rate Of taxation, not only or meeting
current expenses, with the interest annually acern.
,g upon its permanent debt, bur of paying off within
few years, the permanent debt Itself. -
he permanent debt of New York is Is POI s5s an
he permanent debt of New Orleans is Slt623 900 98
The permanent debt, therefore, of New Orleans
fhen compared with that of New York as per rpiio
oPulaon, exceeds that OF New York by 2si per CENT
New York has sinking fund, in stocks and bonds.
Mt dahl
,r, Of So 34 3s2 05. = L
New Orleans may deduct from her permanent dali, A
lie sum Of S300001, 10 be refunded by the pontehar
ain Railroad Company; and she has. in railroad c
locks The sum Of 3d. goo, and in stocks ofthe Com
lefcial Waley-works The sum of S50t0OO making a 4
7 1898 500 &c. w. =. G
But, unlike New York, the whole of the permanent 9
'bt OF New Orleans il provided for and most strln
entity provided for. Not only is the entire mass of
g real properly legally pledged for its iedemp,ion
II the Slate statutes of the 23d of February 1850
ing the present charter Of our city, provides shat
ommon Council shah annually, in The month OF Jam
lary, pass an ordinance TO the sum OF six bnn y
ed and ffty thousand dollars by special TAX on real
late and slaves, to be called the con sodated loan
and The rate per cent, of said lax in each M unic
ty shall BIO IN proportion TO the indebted aess az eaeb
ordinances, resolutions, other acts PASSED Nv
id Council, after The first day of January in eocb
ar, shall be null and void. unless the ordinances i'm
sing the consolidation loan tax shall have be an pre
ousiy passed This law, together with the laws q