Preble County Democrat. [volume] (Eaton, Ohio) 1857-1859, 1859-01-06

rule. The balance appears to be on the
wrong stdeAT Tie following details of
the taxes is in a~restipg:
h%Ae total 1ahnbdrAof acres listed far
ton of these lands wass437, 183, 1924
that of town and~eityl lots, 81 1873, 102, 815;
HstSofchattels, S25O.514,084, The tag
es levied for general States purposes
were For Sinking Fund, 81, 047, 9O2 ;
for general State purposes, s597, 206 F.;
foFGommon School, S,259,092; for
District School Libraries, $50, 920 in
all S2,99S, 122. The levies for county
purposes were: ACKNOWLEDGEMENTS,
81, 130,930; for bridges, 1851, 969 for
the poor, S233,471; for building, $780,
954'57; for roads, $35O,435 for rail
roads $46z, 30iinalLS 849,210.=
The levies for township, city and other
local purposes we're For township cx-
school houses, s1,438i910'ss for town
slipseity and other special taxes, So
35G,67S;; and for delinquencies and for
FIXTURES, $4,000 in an oS6,778,52s."'
|oj In order tolprevent the eoils. of taxa
tionothe people must, lbok to- County
Commissioners, q Township Trustees,
Boards of Education and City and vii
lage Councils, even moro than to the
General Assembly,. --.c 3.ri. -..s ...
lie speaks we'll Of the iSemi-annua1
Tax Law, and in this connection says:
"I recommend such legislation as
may be deemed necessary to give prac-
tical effect to these suggestions by rro-
viding for the prompt p~symentinto the
State Treasury of the States proportion
Of taxes as soon as collected, and re-
qufring early settlements 81 the Counz
ty Treasures with the State Treasurer.
Such Legislation would enable the Au-
ditor of State to lay bcforo. the General
Assembly, at an early day in each scss-
ion, a statement Of the actual receipts
from tEtxesiin December, and the cst;-
mated receipts in June, as we'll of the
actual and estimated receipts from all
other sources during the YEAR and this
Statement would supply a basis for econ
omicaf and in tclligentf appropriations
for the ensuing three quarters of the
le6rrent and the tirstqifas'tcr ofthe next
ifsic:al- year" i ga ID. ss:'
- After abiding to the Independent
Treasury Law of last winter, and its
practical workings, the, Governor Says =:
nTli6 other point of difference between
the Federal and State systems which
seems to me most fniportant is this! u
The Federal system describes the me
dunn in which payments may be made
into the Treasury. / tidireets that all
such payments shall be made iii soElor
silver'or Treasury notes. A corfeSpoh-
ding provision iniStatc legislation would
require such payment i1f1 gold or silver
or the notes. Of spe~cie:pasfhg BAN Is ST.
eanized and regulated by State laws
The act7offast session makes no provi-
sion at all in relation to this very i'm
portant matter; and, by the omission,
seems virtually to require the, receipt,
for taxes and other State 'dacs, of whit
ever may be current as money in the
several localities where payments are
made -uua5rstnu been
in fact the general, ifnot universal con-
struction of the act by the County Treas
urcrs and other public officers.
Thus constructed, the act fails Who'll
~ oft intent. 1t allows The >Treasur-
ers TO receive, and under it the Treasur-
ers have ~actunfly received a Iar4c pro
p%ortion,'ofthe taxes in the notes of .nu
mcrous banks OF other -Statts,at 1t has
thus virtually encouraged tile trcufa-
ton within our limits ola currency sub
ject in no respect TO the control of our
legislation, and, to this extent, has pro
noted deterioration rather than'im-
provcmeut OF the CIRCULATING medium.
The paper thus paid into the different
Treasures IS, at best ,only the rerresen-
tative of money in the possession of the
banks which is issuing it and, thus
to the extent of its reception, Foreign
banks, and not the Treasurcrs. have
been the real depositaries of the public
funds. Instead Of increasing the sccu-
rity, it has thus increased the insecure
ty of custody
IL respectfully recommend the cor
'%rcction Of these defects. IF it shall be
decided that the County Treasurers shall
be continued as dcpositaries and agents
lOf tue iEdISICI+O CtdlG ~IleN
should be subjected, at least in respect
to these funds, to the supervision of
State officers, and required to give am
pie bombs, to be deposited with the State
Treasurer. for the performance of these
duties. Nor is it less important that the
medium in which taxes may be paid be
ascertained by positive legislation, a
provision requiring such Payments to
be made in coin or specie notes Of our
our own banks. would, in my opinionb be
safe, useful and not inconvenient. 1t
would be safe, for every dollar in the
treasury woulazeithcr besspecie or the
equivalent of specie, made such not
merely by the solyency of the bank issu-
ing it, bnt by the guaranty of all the
branches of the State Bank, or by State
and Federal stocksin the ,astGaicuStody
rendered absolutely secure by your judi
cious legislation, of the State officers
it would be useful, for it would promote
o sound circulation Of specie and specie
notes; audit would not be ~iucouvenient