Holmes County farmer. [volume] (Millersburg, Ohio) 1857-1926, 1862-01-16

which can only be attained by periodical ad
ipstmentt of the same 10 the changing develop
mepts in the business activity, energy and dc.
rn.ud of different communities. Of these the
Legislature is the hest judge.
II is due to this institution that the fact
should be here stated that it has always show
ed readiness 10 aid the State in It's financial
operations and under the administration OF my
immediate predecessor. at the time of the dis
eoyery of the great defalcaliOn in the Treasury.
rendered such efficient aid as materially nssisl-
ed in protecting the honor and credit of the
State. II has also made liberal investments
in the bonds Of the Slate and Of the General
Government, issued to obtain the means of sup-
rressinr rebe llion. | have looked TO il aud
denended upon it and still do. as n certain
sonree of greater assistance. it circumstances
should render it necessary TO call upon ii.
Having thus called the attention of the Leg
islature TO this subject, will only add that
regard 1t as one of The most important that can
come before you at this session, and hope it may
be treated in the calm unprejudlcial spirit III
which all purely business questions should be
acted upon and disposed of. am aware tha,
questions as to the constitutional powers oi the
Legislature arc involved respecting the manner
of elIectng the object here recommended. These
| do net propos 10 discuss. bet submit with
entire confidence to the wisdom of the Lcgisla-
ture in regard to the mode and extent of taxa
of the State and other notifications which eX-
perience may have shown TO be necessary or
cxpedieut
The Message next considers certain proper
tions of the recent report OF the Secretary OF the
Treasury TO Congress, finding the most serious
objections to the Secretary 5 suggestion in favor
of the gradual withdrawal of the notes of pri-
vate corporations and the is,u in their stead Of
United States notes The message discovers
i i a.. e.. al. l..
gestcd by the Secretary for furnishing u paper
currency ns substitutes for that now furnished
ly the LEGAL or State banks.
TAxATGoNs.
invite your attention to the Act Of Congress,
of August last. ito provide increased revenue
from imports TO pay interest on the public debt
aud for olber purposes.
BY this Act u direct tax Of twenty millions
of dollars is annually laid uron the United
States, ol which one million five hundred and
seven thousand and cighty-nnc and Unc-thlrd
dollars is appropriated to Ohio rs its quota. 1t
provides for the assessing and collecting of the
tax, through United States officers, under the
direction of the Secretary OF the Treasury. or by
the State, ii it shall elect, through It's own
officers, and its own way and manner. In case
the State shall assume To- assess and collect ii,
aud give notice by the Governor, or other prop.
er officer. To tho Secretary o the Treasury, by
the second Tuesday Of February next. and in
each succeeding year thereafter, OF its intention
TO assume and pay, or to assess. collect and pay
the tax, it will be entitled, in liou Of the com
pen sation allowed to the L. s. officers, a dcduc-
ton of fifteen per centum on such parts OF its
quota of the tax ~ it shall pay priorto the first
day of July and ten per centum IN such parl'
of the same rs it shall pay prior to the first day
of October in the year To which suca payments
respectively relate, The act further provides
that the amount Of the tax apportioncd 10 any
State shall be liable 10 be paid n I'd satisfied IL
whole or in part, by the release OF the State. du
ly executed to the United Stntct. or any liz uid.
ated and determined claim Of such State, o
equal amount against the United States. ant
that, in case of such release, the State shall b'
allow ed the same abatement Of the amount o
such tnx. as would bo allowed in case Of pay.
ment of the same in money
Whatever difference of opinion may exist n
TO the expcdiency of the Act, there can be none
rs 10 the authority Of Congress TO pass it, nor Of
the duty the State 10 meet promptly and full
ly its requiremeeis
In providing for the payment Of the tax, the
interest of the State clearly requires its collcc-
ton and payment through its own officers, and
the enlargement of the basis for the levy from
real estate only, as contemplated by the Act, to
all property subject to taxation for State and
National purposes, which will distribute the
burden OF the lax more eqally upon the people,
reduce nearly one-half the per ceniagc Of the
levy, and be in harmony with our system of
taxation.
As it will not be practicable for the State TO
collect the tax by the last Of June, on n new
valuation of personal property, and upon the
new structures for the year 1861. recommend
that the tax for the current year be placed on
the duplicate Of 1861. and collected with the
June insiallment of State taxes, as well for the
purpose Of exhibiting to the Government our
readiness to meet nll its demands upon our re-
sources and patriotism for the maintenance OF
its authority. as to secure to the State the ust
advantage to result from prompt payment oi
the amount nportioncd TO it.
TO provide against failure Of collection in
time, respectfully suggest that au hority be
conferred upon the State officers temporarily
use any surplus or unexpendcd balances Of Gcn-
eral revenue. and any moneys received or that
may be due, from the United States TO this
State, to be refunded when the tax shall have
been collected.
Instead Of applying the unexpendcd balances
OF these funds 10 The payment tax, which
would afford but temporary relief ii will bs
more consistent with the dignity of the state
and in all respects better financial policy. IL
apply them ultimately to the paymeht of our
public debt, giving the preference to that por-
lion Of it err aled Tor war purposes
Your attcutlon il also directed to that por-
ton of the Act laying an income tax ON the
people Of the United States.
| cannot but doubt The wisdom of this meas
ure. 1t seems 10 me the objections to 1t out
weigh any good result that can bo reasonably
expected from It's enforcement
Tho authority for It's collection is limited TO
the United States asscssors and collectors.
which will subject the people 10 tho annoyance
~ numerous Federal iaN-guhercrs, which