Bradford reporter. [volume] (Towanda, Pa.) 1844-1884, 1861-08-22

ment of the subject, what are the provisions of
the bill passed last winter, bill condemn l
by SO many and read by SO few. (Wouldde
not be well for the County papers to publish
this bill entire for the information of their
readers p
First. The Company is required in the ex.
press language of the law Ito pay into the
State Treasury, on account of its Indebtedness
to the Commonwealth, by reason of the pur.
chase of the Main Line of the public works, on
the thirty-irst days of January and July in
every year, until the thirty first of July, eigh.
teen hundred and ninety, inclusive, such sum
in addition to the interes. on its bonds owned
by the State and in addition to its annual
liability TO the State on account Of purchase
money for said line of improvements, as will
increase each semi-annual payment on account
OF said debt and interest, to the sum of two
hundred and thirty thousand dollars 1890
00O) aud the aggregate of all such payments.
10 the sum OF thirteen million five hundred and
seventy thousand dollars 1913, 570,OO0)"-
The plain English of which, is this, they are
required 10 pay 10 the State. each year for the
aeIt thirty yearS four hundred and sixty thous-
and dollars making the above sum total. By
the same Act, also, this amount "is hereby
pledged to, and the same shall he applied only
to the payment and extnguishment of the
principal and interest of the debt of this Com
monwealth, and to no other purpose whatso-
ever"
Secondly. "The Pennsylvania Railroad
Company shall be liable TO taxation for all
State purposes, and the said Company shall
pay tue same rate of taxation which is now or
may hereafter be imposed by any general law
operating upon all Other Railroad Companies
incorporated by this Commonwealth" Thus
they are required to paw their State tax, from
whchthey sought originally to be released.
Their State tax actually paid into the
Treasury last year was eighty-lonr thousand
dollars VIII the reader compare figures here
| for moment The State tax of this Senate
RAJ District is as follows
Rrldford pays sll722 so
WrdiInt Si9S'SS S19S 40
Sullivan Observation-Disclosures. g53, 3,9s
Making the sum total twenty-five thousand
and five dollars and five cents. Yet this single
Compauy payS nearly four times rs much State
tax as this whole district and they are required
70 do if in all coming time Inv tho very tiu 90
wretcbcdIv miscopSfrrod and so miserobIv
abused The State will realize from this
single comnopv dnring the newt ,hir.v wears
the roIIowmg sums. +, novmerts or indabtad
moss tbirteen n,iIIions fva bn'drad and sa,ont,.
thonsond dollars CsI95To 000 y n tovos for
State purnoseS even shopId irs sssessable pro-
perty he no more than last wear two millions
five hundred and rwpptv tbonsand dollars (s2 -.
800 OOOA SWELLING tho aGrreoote rpceints to
tho vast snn of eiy+oon millions ord niretv
Thousand dollars (SI6 OqO OOON Leaving
them still liable thereafter 70 the same taxa
lion for State nprposes to which other nro.
nertv holders are snhioct Dnes This look
ike rolievinr generations from novinc, tribnta
TO the Treasury and CASTING ali the bnrdens
unon the moor farmers as cianrran twoddlinq
demorocnas assume ? II would ha understood
also that there is no financial onackcrv in all
This Those amonn,s are as sure to he maid ne
the veors are to roll ronpa
THirdLy They are rponired to rednce their
charges on freight lust the amount of this
tonnage tax. and failure on their part TO
make such reduction shall render the Company
itself liable to the Commonwealth for donble
the amount of the tonnage tax heretofore
chargeable against them.
FourthIy. That there may be no collusion,
the Company is required to file its toll sheet of
charges with the Auditor General, under the
oath of the President of the Company, which
has already been done.
Fythly. The SS5O,000 collected in tonnage
tax by the Company since they purchased the
State works, as already explained, they are
authorized and required TO invest in certain
unfinished roads located in that part of the
State where the tax was collected Some have
complained that the Company was Dotrequired
to pay this inte the Treasury. 1t did not be.
long to the State either in Justice nor equity,
for she had induced this Company to purchase
her public works on tee condition that the law