Daily Nashville patriot. [volume] (Nashville, Tenn.) 1857-1858, 1857-03-06

the operation of the law the County Court thought
proper to provide for their legitimate expenses,
assuming the possibility of losing the amount paid
By the frst District This rendered the increase
OF 80 cents necessary. The actual expenses of the
county will be but little more the present year,
tnsn heretotore-perhsps not so much. There will
DC nothing lost to the county, or to the taxpayers
10 any event, because if taxes paddy District No
are not paid to the Corporation, there will be a
surplus of means, which will be turned over to the
new Court house, thereby causing reduction Of
that tax next year. 1t is a source of satisfaction
TO all our taxpayers to know, that under the ad.
nlinstraton Of Judge Whitworth our county sffairs
will be judieiously and economically conducted.
CoRPoRATIoS.-We estimate the Corporation tax
at $40 on the thousand, the rate for 1855. No
rate has been established for this year. but in the
lace OF the increased rates for the County, Court
House, and Railroads, 1t is to be hoped that our
''city fathers" will not "pie up the agony" any
higher. And whist We expect no increase by the
Corporation, every one will admit that no reduce
ton is at present practicable.
Long before the county subscribed her million
of dollars to four Railroads, the city. in her corpo.
rate capacity, took holt nssHion in the Nashville
Chattanooga Railroads.&c. that, 10 fact, we
own one and half millions of dollars in Railroad
stock, in Ave different roads. And while the city
has half million in one road alone, she has, Of
course to pay her portion OF the million subscribed
by the county-amountng to over one-third, as the
value Of the property in the city is wards of
third of the assessed value of all the property in
the county. Of the 81, 500, 900 Of stock owned by
the city and county, the city is interested to the
tune OF $3.50 900, and the county to the amount Of
$780, 600. And of the 800, 900 interest to be paid
annually, the city pays ISL, 900 and the county
$39, 900.
The $40 on the thousand, levied by the Corpo-
ration, includes the City School tax, which is 81
on the thousand. Therefore, the legitimate Corpo.
ration tax is IS on the thousand.
RsNARKs-A large slice of the territory, former
y belonging to Davidson county, has been taken
of for the new county Of Cheatham, and q reduce
ton 10 the aggregate valuation of the taxable prop
erty of the county might be naturally expected.
But the State now taxes many things not hereto,
fore included in the list of "axables," aud the in
creased value of land all over the county, will
more than make up the loss of territory taken off
by the new county. The people of Cheatham, re-
siding in that portion taken off from Davidson, have
to pay Railroad taxes to our Railroad Collector,
because the Railroad tar was levied upon the
county before the separation. Their county taxes
of course 60 into the treasury Of Cheatham county
Thoroughly dissected, the taxes paid on each
$1,000 by property,holder in Nashville, is as fol-
lows-FOr Corporation purposes, IS; for City
Schools, 81; for Railroads, S. 20 for County pur-
poses, 81 3O for new Court-house, 81 6o for State
purposes, ST. for State public Schools, rs CENTS for
Lunatic Asylum, Is cents-in all, $40 40. N.