The Nevada Democrat., 1857-12-30

cents only, has been appropriated towards the
current expenses of the State, the balance, thir-
ty-nne cents per one hundred dollars, was lew
led to meet the State debt. Therefore, if no
moro is levied hereafter than heretofore for the
general expenses Of the State, the State tax will
decrease rather than increase. The general
County fund heretofore, has called for tax of
hfty cents per one hundred dollars. By the
law Of last winter twenty-five cents more was
authorized to be levied If necessary, and it will
be necessary II the County is to get out Of debt
within any reasonable time.
The County building fund of 4 of per cent
or twenty-five cents per one hundred dollars,
will have to be levied for 1858-59-60, and then
will cease. This tax will about pay up the out
standing bonds issued for building the Court
House, being $22,50O, and interest at IL per
cent per year, payable semi-anDually. The as
sssament of rs cents per 100 dollars, authorized
by law for the payment of these bonds, will not
quite meet the principal and interest that re-
mains unpaid, but there will be a small deficit
to be paid cut of the general fund. AS to the
School fund and Road fund, of five cents each
on the one hundred dollars, those cannot well
be dispensed with. The interests of educa-
tion, and the facilities of communication alike
civiIizing 10 their character, and salutary in
their influence, require full assessment and q
jdiucious and economical appropriation.
The INDECENT Sick fund, admits of an assess.
ment Of rs cts. per 100 dollars, if necessary.
This Is charitable fund, intended for the re-
lief of the unfortunate poor and sick, who are
without other resource. The tax should be lib
orally levied, and to the extent authorized by
law, IL the wants of those for whose benefit it il
intended, require it, Though it is entirely dis
eretionary with the Board ofSupervisors, wheth
er to levy l or 25c per 500 for this purpose
yet there is moral obligation resting upon the
II Anr afoao h0 cnG
cient to relieve the necessities of the class for
whom it is designed to the extent permitted by
the law. Last year this tax was sc per $l00,
this year 25c. From the low assessment of last
year this fund is in debt several thousand dol
lars After the revenue for this purpose, of this
year, Is exhausted there will be an indebtedness
Of about $4,000. The tax of next year should
be sufficient to pay Off this debt and meet the
current expenses These expenses Judging by
the past should be about five thousand dollars,
which with the debt would be about $8,00O
The receipts from the State for this fund are
about $500 year. On o valuation Of $4,000
600. at zoe per $l00, the gross receipts would
be $4,000. Deduct from this the esof Collector
and Treasurer and delinquences in all l6 per
cent and we have Sc, 700, which with the amount
received from the State will about equal the
debt and current expenses. If there is any
fund that should rest upon cash basis, it is
tnls Inc suslenance, medicines ralmeht, ana
medical services furnished cannot have their
prices regulated by law and will have fair
compensation in cash. If paid in warrants the
amount must be eqSiyalent to cash and the ex-
cess paid in warrants over cash is charge TO
the county for that amount, and ii is q misera-
BILE policy that would keep this fund in debt.
Upon the foregoing data this tax can be reduc-
ed to zoe per 500 in 1858, and after that to
15c.
Upon the rates of taxation as before given,
hau Va for 1919.