The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1857-07-17

7ne OppTe.se4 ReaI gstsse Holdcrs.
Tits shs.4ssseriptiSs privilege of tax
Yaysse 70 grumse and a.it is . relief 10
them % have an opportunity to express
thsir complaints. our readers must Be
patisut siAhifhsm. We published yes
<srahy The aqnnanication Of 'ths Third
Tag Payer without comment. that. be
eight enjoyfet ous dsy. his own lamen-
tstionA unssstrIsid lt 10 evident from
his missppcshsusioa of the purport of
our article. and his errors Of reasoning
and fact, that he wrote without reHoc.
sioa o. considsr,tien Of the subject. 49,
Instead efsrguisg IN fasor of every.
thing but one. our proposition was sim.
ply. that - personal property could not
from the ualure oil. thinss--participate
equally with rsssi estate in the sxpendi-
lures OF ths public revenues. it Was right
and just-inlsvying taxes to discrimin-
ate in its favor The proposition is so
self evident that to state il. seemed suf-
6cient 20 q ,tablish it. Real Estate is a
-dxed dusntity. AID. within given bonn
dafics. 10 monopoly. and has its exclu
sivs privileges. - That's large share Of
public espsnditures rebound to its sole
an exclusive benefit; no other property
Of like kind can participate in the
benefits conferred. or come in COMPETE
ton with Il. Being axed in quantity
every Improvement that increases the
demand for it. increases the price Of it
in five or ten fold ratio to the increase
Of the demand, g II ought therefore to
paythe largest shire Of the expenses of
such improvements, cheerfully, as just
ana righteous demand on il. BOT so
with personal estate. improvements
mSie in Evansville to facilitate trade. and
protect personal properly. are not ex.
clusively for the personal estate within
tuacity.' = The whole benefits Of them
do not rebound to the exclusive benefit
OF the money, neaes, Merchandise. and
pdsonL property that pays The tax; but
is participated ia by all such property,
in some msa-ure, that may be brought
here to enjoy them. Our correspondent
piopounds interregatories TO Us; let him
answer few in return. Il merchant
who has Had $4,000 dollars worth OF
gosds and money in this city Cor ten
years. and has paid his 500 or $500
asauslIyin taxes to improve our streets.
to- grade our iandinsTto pay the in.
tersst on our railroad bonds; airy better
CT or those. expenditures, than the man
who comes into the city--now after all
impsosemeats are eompleted--with the
same Amount and. kind Of personal prop
erty. andjsets down by the side Of the
old tax-paysr, and enters into competi-
ton with him? The old merchant hiss
borne his equal share Of the bur,hens for
impspving the city,, but shares in none
Of the. exclusive advantages Of his ex.
pepdifures that inare to the holder o.
real estate. No person can bring his
house and lot from, abroad and set it
down by the real estate holder, and en-.
eripto competition with him. The in
crease Of facilities for the exchange o'
merchantabls articles in any ono place
benefits-like articles, in some degree, MI
over the country; for like water. profits
of trade find thoir level. The facilities
for making money in New York, Phil
adeiphia, and Cincinnati. benefit capita
oil over the country. for it will flow Il
those points till the equilibrium is rails
ed in all other places. Real estate is thu
only interest .that can be exclusivel,
benefited where these new facilities oc
cur. This difference in the, relations o
the two species Of property is evident Il
every observer, and does not need fur
'ther calculation. Rel estate has al
ways made personal property contribct
to an equal share in the public burthens
while it has never had an equhl partici
patton in the general expenditure. Thi
old injustice indirected species o
Stealing and .robberyD--whieh o.
correspondent charges upon persona
property has from time imlDemorsl BEEF
-perpetratcd by the realities. which at
empt to spsrpstuate it. But the eye
of the world are at last opened to tn
sancient fraud. ,-s =. rf7-'Fi 30
80. There is no inconsistency in tho posi-
tion'that personal estate is not equal
benefited with real estate by local ian
provehents, and the fact that a merchan
can now do four times the business o.
the same capital that he could do te
years ago. These changes in trade ar
not the, fruits of the contributions Of rea
tstate.--They have been made by com
nerce ITSELF in otelegraphs. rail roads
steamers and steamships-by banks, an,
the perfection ofexchanges, brought int
Being by the intelligence. enterprise an
capital Of commercial men. in aid q
which real estate has done but little