The Buchanan County guardian. (Independence, Buchanan County, Iowa) 1858-1864, 1858-10-07

5000, 900, Was made for the purpose of
paying UP thee outstanding warrants
and this Interest," and should in no sense
be added to thil indebtedness But, says
Mr.. Ellwood, Tx appropriations and ex-
penses of the government for 1858
will use up that. Suppose it does, have
we not back. as the Auditor estimates,
s953.77l 96 ofnobable resources. inclu-
ding S420,o8o rs of State Tax for 1857,
of which you say .nothing. You add the
Democratic StatI debt, the outstanding
warrants, the money borrowed to pay
those outstanding warrants, and the ap-
preparations for fhe next two years, to-
gether, and male a total of six hunded
thousand dollats of Indebtedness, and
never say word about the State taxes of
1857 aud 1853, which the Auditor esti-
mates will amount to 100000, and
which must go bwards paying these ap-
preparations. the redemption of debt, in
terest, dc. Counting the whole funded
debt of the Statt on the LIST Of last No
vember, 1922, 2a5 IS; the interest there
on due Jan. LIST 1855, S16,544 81; the
outstanding warrants sl55, oo3 Sc ; the
estimated expenditures fer 1889, which
after deductirS De ourstanllng warrants
mentioned above, amounts to $36s, 400
"a, and we have sum total of $3.50, 662-
Sc. These estimated expenditures ex-
coed the actual appropriations for l85S-'9
some thousands of dollars, as will be seen
by examining the appropriations made
by the last General Assembly. We will
give them this margin, however, and then
we find. taking every dollar of State in
debtedness, and every dollar of expense
that can accrue during the next two
years, that it amounts to 93c,66 &C.,
10 meet that we have, as the Auditor
estimates
Balance of revenue in the Treasury
Nov. l, 1881, - -. ST., $50 80
Amearages of County @
lreasurers, $50, $50 50 Es
Deduct as probably
unavailable $40,959 so $4,000 90
State Tax of 1857, x4o0OSe ar;
Probable Tax Of 1853. $500 600 O OO
Total estimate. .$953.77l 96
To which must be added the sum OF
$500. 900 borrowed last winter to pay the
outstanding warrants and interest on State
debt, making sum total of S1,15s,-
I'll &c with which to meet all liabilities.
In all the estimates of State debt made
by these speakers they never say word
about the resources Of the two wears.
but Away give the appropriations made
Tor them. In this way they figure up the
great Indebtedness announced-a deduc.
ton wholly unwarranted. and intended
solely 10 deceive.
, Mr.. Ellwood's last statement is in ref
erence to the reported decrease in State
taxes, and he takes the liberty to say that
he don't believers pat the State Board of
Equalization fixed the rate of assessment,
and goes on to say that there is law
providing that when the Board does not
fix the rate, the county authorities shall
assess and collect the sum of mills for
State purposes ); he therefore believes
that 3 mills will be assessed instead of
mill and half, as stated by the Auditor.
Mr.. Ellwood SO believes or not, is
not the point. Hedoubtless is ready to be-
leve anything to the detriment of the
Republican party, whether warranted or
not, Judging from the lies which be has
retailed. We know this. We know that
The official letter of the Auditor to our
Clerk says that the Board has fixed the
rate of tax at mills, and that that
alone has been assessed by the
Clerk in this county for State purposes.
And we know also that The amount as
sessed in this county for State purposes
his year is S4,70t IL, while the amount
asst year, as appears by the Auditors ia
Die, was SIS, l4o I07, making a decrease
If SAL 95. The auditor, in his table,
puts down the amount of tax for Buchan-
IN county, for this year, at s4,sos &c,
more than it actually is. But the cause
If this Is as follows. The Clerk reported
he assessment to the Auditor at GER
ain amount. and he took that amount as
be basis of estimate. Upon examining
bis books, the CLERK discovered some
louble assessments, which he deducted,
md which accounts for this discrepancy.
Jpon the valuation reported to him, Mr..
'atiee estimstes osse-..asd half mills, and
hat gave, as he reports, 81 1903 GO pre-
isely. His table is correct, then, as far
s Buchanan county, is concerned, AMI
il Mr.. Ellwood S surmises are not suffi-