Semi-weekly standard. [volume] (Raleigh, N.C.) 1853-18??, 1860-06-23


cause deficiency that amount in ourreyenue which
will have to be made up by taxing other property
: Now come to the land and negroes. Under the
old assessment the real estate was valued at ABOUT
800 O00, 900. And in 1859 paid tax Of say $780,
600. But the new assessment will add over one
third to the value. And suppose that the real
estate in North Carolina is worth over 500 oO0 ooo
yet will put it down at $40 900. A tax OIL
ten cents the 800 valuation, on that sum, will
amount to $4,000, Just $4,000 less than 1t now
pays
The Opposition papers appear very anxious to
put the highest value upon negroes Even putting
average valne only few dollars less than It Is III
Georgia. when we all know that negroes IN that
great cotton State are worth ut least $3.50 more
apiece average, than in North Carolina, Yet
the average value on negroes in Georgia Is only
$Gl2 GO apiece. With these facts before me must
think that $500 ahead is fair average in this State.
The Fayetteville Observer puts down the whole
number of our negroes at 30t. 900. think this is
over the mark The Comptrolers Report for 1858
shows that there then only 100. 925 black polls
in the State. The Report Of 1859 shows that there
were then only 1898, decrease of 3,0l2 black
polls in one year. And suppose that we must
have more negroes between the ages of l2 and 90
years than under ~ and over So But / will put
them down at 100000, the Observers estimate
They now pay about $4,000 At $500 head,
they would amount to $3.50, OOO, 900. tax Of ten
cents on the 500 valuation would increase the tax
on slaves $4,000. After applying this $4,000 20
the deficiency Of $50, 900 created by reducing the
tax land it will still leave $50, 600. Add this to
the deficiency $l75 900 before stated and you have
the sum of 500 600 to be raised by taxing other
property not now taxed. Now where is this other
property to come from2 All the negroes, the land.
and all different species Of property before stated
are already taxed
see Mr.. Pool reported in the Opposition papers
as using the following language:
Secondly, to limit its powers as to compel the
tof cof 0rI-
ing to value" Yes, to tar ererythingi
And the proceedings Of the late Opposition con-
vention in Raleigh indicates the same thing.
So will have to tax the live stock, farming
tools, household and kitchen furniture and crops of
the State to make up the $l95, 900. How will that
work?
The census returns show that the live stock, anil
that which slaughtered in 1850, worth
about S25, 100000. Owing to the great increase IN
the number and in the value Of all kinds of stock
have no doubt that the live stock in the State is
now worth $50, 100000 \ tax of ten cents on the
800 on this would amount to $50,0U0.
And the farming tools. wagons carts, and ma
chinery employed in farming, &c. are worth at least
10000, 900. A tax of ten cents on the 300 on
this would be twelve thousand dollars.
The household and kitchen furniture is worth
twenty millions Of dollars like tax on that
would be twenty thousand dollars.
From the census returns of 1880 the annual crop
and productions Of the State now are worth more
than one hundred and fifty millions Of dollars. Yet
| will put them down at only one hundred and thr-
teen millions Of dollars A like tax on that would
be one hundred and thirteen thousand dollars
Now | will balance the account and see how il
stands.
The amount of taxes taken off of real es-
tate, $50 900
Increased taxes on slaves, $4,000
Deficiency, $4,000
The amount of taxes taken off of interest,
Dividends and profits $51, 900 90
The amount off merchants capital, $4,000 90
The amount off Of doctors, officers, law
yers &c, 1924 9s
The amount off carriages, &c, gold and
silver watches, plate and jewelry
horse and mule drovers, and Auction
GERS, $1,000 90
The amount off Of pianos, 2,724 81
The amount off Of pistols and knives 2,4s2 Is
The amount off Of negroes and other trade, 1000 90
The amount off Of pedlars and playing
cards, 1000 90
The amount off Of retailers, 10000 90
The amount off Of bowling allies, billiard
tables and Insurance companies, 5000 90
The amount of of Brokers and Commits
mission merchants, 1000 90
The amount on other items. 5000 90
SI15. 5GS IS
The amount Of taxes property not now taxed,
viz:
On the stock-horses, cows, sheep, hogs,
&c, $50, 600
! On the farming tools. &c, 10000
On household and kitchen furniture 10000
! On crops and productions, $4,000
$1g5, 900
This proves how al rdlorem will work. 1t will
take $4,000 from the taxes of the rich banker the
owner Of money at interest doctors officers, law
| yers, &c. &c, and put sl95,OnO on horses COWS,
sheep, hogs &c, farming tools, household and
kitchen furniture and the crops and productions Of
the State which are found principally in the hands
of the farmers and great aboring class of society
1t is true, it takes $4,000 from the taxes the
land but it puts $195 900 property principally in
| the hands Of the farmers, not now taxed.
! There are other calculations l wish to make and
other points | would like to notice, but time and
! space will not permit me to do so now.
( TANpAYER