The Jeffersonian Democrat. [volume] (Chardon, Ohio) 1854-1865, 1862-01-17

AS p'0poIty, THOo ~ tho several assessors
rs concornod. 'nis o'j"et is. generally, we'll
attainod but there 10 r,,a,on TO fear that
inr'sstie property, particularly moneys aud
credits to largo amount, escsba taxation.
therefore rucoinmond that more severe
pcnailies, cor,ain OF enforcement. bo yro.
vidod for failures to give into tho assessor.
til spccius Of property. The citizen who
winiuiiy aiiomp's to evads his just propor-
tion OF taxation Tor the support uf tho gov
ornipuut that protects his person and his
property. should be doemed criminal, aud
punished as such.
Tho mode of listing railroads for taxation
also requires attention. Great inequality
must necessarily exist un'lor tho present
sysiom To secure uniformity, equality,
and fud valuation m tho assessment Uf this
large interest, | would recommend the
creation Of Board OF Assessors for that
spcclui purpose; but. ~ avoid tho creation
of now oficors. aud coBst quent pxpoDso to
the state, recOinrioud that tnls Board con.
sist Of tho several County Auditors OF tho
countivs through which The road passes.
fnis Board thus constituted. should be ro.
CURED TO meet at the principal office OF tho
company. and tbote, after inspection OF the
books of tho company, assess the total value
ot It's properly. aud distribute tho same to
the several districts. From this assessn ont
an appeal should DO allowed 60 the Auditor
OF State, or other s1itab!o State Board, by
every company fcoling itself aggrieved; aud
such Board might also supervise the assess
nonts OF tho various Boards OF County Au.
ditors for the purpose of equalization. By
;bis moans defects now existing may be
romed'ed with trlfling expense 10 tho State;
aud IL rs confidently expected that . large
additional amount will thereby DO added to
tho duplicate. ... ..
IL is hoped that all new causes of expeu.
cituro may be avoided and hat every effort
to promote ec"nUmy will be made. am.
however, constrained, from a sense of strict
duty, To recommend the Continuance of the
recent law, author,zng County Conmission-
ers To assess tar Tor tho support of tho
fanllies ot our troops during tho war. The
provisions Of this Law were wise and beDe-
hccnt. and have prevented much distress
and suffering.
State created by tho Act of February 2ith,
lS45. will expiio on the lst of May, 1866
La WOW OF the worry extensive interests ~.
volscd in any sudden changs of the mo- Detary
syste,n of our State. 1t would be wIso ths
ot banking ue early made known; under
Ordinary circumstances, therefore, l would
invite your attontiOn TO this suffice CT, ut this
time. You a:e. however. aware that the
Secretary of tho United States Treasury has
recommended measure which, If adopted.
wal Fave u most important bearing upon
the sutjuct; hence deem it advisable, tor
tho present at least, to abstain from inter
wit ihn
dispose at tho subject at All early day, |
may deom it my duty 10 send you special
communication during your prtsent Session,
Ii may be advisable at tins time. huwever.
to consider tho pr0yriety OF promptly 70.
lieviug tho banks from their disability OF
paying out the paper of institutions that do
not Redeem their issues, on dernaud, in
specie. Ii is kuown that tho demand notes
ut the Genera! G0verninent, ms atso the
no'os of nearly all ihe banking institutions
of "ur sister States. aro not nov rcdomrd 10
com on demand : hence. our banks arc un.
abio to- Receive. IN payment of dob,s due
tho'n, or on deposit, any Of THE vas, do.
rcriprion Of currency for not being per.
nittod to pay il nut. OF course they cannot
receive II safely. Thu c,nd,;ion Of thugs
must u"csssarny affect the credit aud CIR.
cuiation of tho issues of the Federal Troas.
ury, aud greatly cripple IL in obtainine
means 10 'prosrcnte tho war. Grca, as ,L,;
owl of tolera,ing by law = suspension Of
specie payments. 10 auy exient. is known 10
t,o. u is boiter, TO eniuro tu, than 10 ON.
barrass tho Federal unvcrnment in obtain
ing means To v'gorously crush out the re.
beilinn. have. therefoie, to recommend
that you at once authorize tne several bank
ing institutions of the State 10 offer in INV
mont of their issues. when pre1ented for
payment, the notes Of the Federal Guyern.
msDt. payable on demand.
Tao broker or Sh hylock, who NAV wish To
hoard his money. In times like the present.
should not complain if he is offered th.
notes Of the Government IRON which h.
demands protection Tor his person and
proporiy. ..l.l
1t IS. l boliove, conceded by al. that tho
banking institutions of our State. now in
existence. have been managed with skill and
integrity. and with u drgres of libsraji,y tn
our Government. highly cnm,nsndablo il
would, therefore. be ungen.rous to presum.
that their manapers will attemnt 10 m.k,
improper use OF the relies now recommend
ed but be the ri-k .f this grea, or li,ti,
wo must risk rrprryiting necessary to pu,
down tho unhoiy roLo,,,1n.
Tho banks availing themselves of tho
provisions of tho Law recommended. should
be required to furnish ihe State. IN pro-
portion TO their capital respectively. with
par funds Eecsssary to meet tho interost Oh
our bonded debt. ......
Long years OF quiet prosperity, and seem