Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1862-11-20

Dennlson called up chapter 81, "0f evils
ion" and the House refused TO concu" with the
Senate in limiting the jurisdiction of justices Of
the peace to cases involving one hundred dol
lars only.
FriCay Forenoon, Nov. H.
SENATE,
The Senate was occupied chiefly with the
revision of the Statutes.
HOUSE.
Report-By Mr.. Reed for Committee on
Ways and Means, that the Supreme Court Of
the United States have decided that United
States bonds cannot be taxed by the several
states, aud that Congress has decided in the
same manner, and 1t will be expedent to rec
ognize this decislen IN revising chapter 50 Of
hevslon and insert section to the effect
above indicated agreed to and said section
Inserted an chapter SO entitled, "0f the grand
list"
In further consideration of the same chap
ter, Mr.. eastman moved to strike out the
clause exempung persons over 60 years of age
IRON poll tax; agreed to.
MIR. Carpenter of Waterford, moved to
change estate taxes" to 'sall taxes in the
sections providing for valuation of property tc
be taxed; carried but aiterward re-considered
on motion Of Mr.. Stone.
On motion OF Mr.. HubbeI the chapter was
again recconntted to the Committee of WAYS
and Means with instructions TO INQUIRE into the
ProprIety OF taxing gore lands.
| appropriation BtUS-Mr' Dennison for the
Committee OF Ways and Means reported bill
making appropriation of seven hundred and
| nifty thousand dollars 70 meet military ex-
penseS; third reading. The bill proposes to
borrow the above amount on State bonds
Mr.. Dennlson also reported for the same
committee, the annual appropriation bill for
the support Of the government. This bill
proposes to lay a tax of eighty cents on the
oolia:, which Will raise nearly seven bundled
and fifty thousand dollars
Mr. burrows moved to strike out eighty
cents on the dollar, and insert "seventy -fve''
cents.
MIR. Henry was willing to abide by the re-
port OF the committee, dividing about equally
the sum to be raised (thirteen hundred and
thlrty-our thousand doliars) between tax to
| be raised, and an Indebtedness to be incurred
| He was opposed to the motion.
The House refused to change the tax as pro-
posed.
MIR, Gardner moved to change eighty to SIX
ty-hve. lie stated in support of his motion
that the estimate of the Committee exceeded by
one hundred and torty-one thousand dollars
that made by the Governor. Thirteen hun
drrd and th'rty-four thousand dollars He
believed also that the premium now paid on
| Vermont State Bonds favored borrowing mon
ey rather than raising it by tax.
MIR. Henry opposed this change of thu pro-
posed tax.
Mr.. Deming of Arlington, was unable to
agree with the gentleman from Bennington
(iariner) in his policy in regard to borrow
ing money. He believed that it was as true
OF State as an individual, that if credit was
good 1t was best to keepit so. He believed
tn people were quite wiling also to meet a
tax of eighty cents on the dollar, and would
gladly do so u, der the circumstances. The
present year had been prosperous one for
the agricultural interests of the State, and
perhaps there had not been nor would not be
a better year to meet the proposed tax than
the present.
Mr.. Hinton believed that the maxim, "pav
as you go'' was just as applicable to State
as an individual. 1t would be expedient to
raise the entire amount needed by tax, if the
people could now pay it. But as this could
not be done, 1t was wise to pay all that could
now be paid. As it was, could there be any
doubt that the people could and would be
quite ready to pay tax of eighty cents. The
tax of ten cents, laid at the extra session, was
deemed pitiful by the people. They were
IN Y,pdnr tho n,
stances, a reasonable tax. There was no dan
ger, either, as had been intimated from an
over flowing treasury. Mr.. Hunton continued
at some length, to show that the policy was no
better for the State than an individual. He
would favor if any change was made to place
matt rs so that greater sum could be raised
by borrowing but not to lessen the tax
Mr.. Gardner replied, that the estimates
made by the Governor were in his view reli-
able. He did not propose to borrow more
than had been provided for by appropriation
bill ordered to third reading.
Mr.. Herrick of Wocott believed that to
borrow was the worst policy, where it could
be avoided. He spoke at some length in favor
OF the report Of the committee, and against les
SEEMING the proposed TAX. 1t might be wise to
lessen tax when the people called for relief,
and were IN Strengthened circumstances, but
now they were ready to pay, and the tax
should IN his opinion, be laid
MIR. Dennlson reviewed the action of the for
NOR Legislature, and showed the necessity of
The course The committee recommended to the
present Legislature. Formerly the expense of
The war 20 III not be even guessed at but
now 1t was evident, or comparatively SO, and
~ was therefore time to lay a proportionate
tax. 1t was wise, therefore, at the extra ses-
son to lay only trltiing tax, but to make
provision as was made to obtain large sum
ii 1t should be needed. At the present time it
was hardy safe to calculate that there would
not be even greater expense than had been
estimated Vermont might be called upon to
take part Ia other enterprises than those al
ready on foot, and should be ready to respond
it was wise IN view OF the present position of
affairs, 70 lay as large tax as could be con-
seniently pad. 1t was to be noticed also that