The Montana post. [volume] (Virginia City, Montana Territory [i.e. Mont.]) 1864-1869, 1865-04-01
Finances Of Montana rerr,,,,,-

Anomu ny Tue inhabitants
generally, OF the financial coalition and
Liabilities of this Territory-in her extreme
infancy exercising the functions of self.
government, and her finances being Locke
upon by the unadvised with distrust. os
though she might yet cancel them by bank.
riuptcy or a plea of MINORITY have thouobt
IL proper to publish synopsis of the avs
concerning them, and the duties of the va .
rlous officers Herewith connected. sbow;n. .
the ample provision made for their liou;das e
tlon, and the efficient machinery immedi.
ateiy TO be put in motion for its accom-
plishment. The fact that the liabilities of
some other Territories have been of little
worth, Is no criterion by which to Judge of
ours. We are unlike such neither is there
q mark of consistency (even if disloyaltv
has riveted itself deep in our midst. and 90,
Sastomed itself to war against the general
government, her laws and her tender), in
nrlng into our own windows. There are
our laws. There our own liabilities. Tn.
Legislative Assembly with perhaps few
exceptions), have exercised the most rieid
economy. The total expenditures made bv
them Tor the current year, will not exceed
torty thousand dollars, embracing the ad-
dltlonal compensation to his exceIlency the
Governor, Secretary, Chief and Associate
Justices, the Legislature with its attendant
expenses, together with all the officers by
statutes provided, and liberal compensa-
tlon to Individuals for services rendered
to the people of the Territory of Montana.
before It's organization, showing an example
OF economy scarcely to be equalled in older
settled countries, where the difference he.
tween the money required and the work to
De done, is greatly in their favor. have
examined the tax and liceese law in connec-
tlon with careful estimate of the sources
of revenue subject to them, and making due
allowance for defects of every kind, con-
clude that the Treasury of the Territory
must needs be filed during the current wear
to at least double the amount of the war
rants issued against it. Ihave already pre-
pared the necessary blank licences and poll
tax receipts which will be distributed to the
Ireasurers of each county and their re-
celpts taken for the same as soon as their an
pointments are made. The tax law provides
that 40 per cent. on each 800 ad yalorem
shall be collected for territorial purposes.
on all property not by law exempt from tax
alton. 1t also authorizes the county COM
mlssloners to collect a tax not to exceed
Sl on each 800 for county purposes, and.
tor the support of of the poor, an amount
not to exceed one mill on 81. Said tax to
be lien against the property for which it
is assessed to be attached on the first Mon
day af June, 1865.
Tne following property is exempt from
tax alton: All grounds, buildings and fur
ni,ure belonging to the United States, this
Territory, or any county thereof; build
ings belonging to fire or military companies,
public grounds in towns, public institutions
OF learning, their grounds, buildings, and
furniture, Prorided they be not for rent.
Hospitals, and churches, Masonic and odd
Fellows halls, benevolent institutions, bury
ing grounds, property of widows and or
phans not exceeding 81 900, mining claims
and mining tools not exceeding $50, farm
ers' and mechanics tools, crops on the
ground, libraries of professional men, pri-
rate Libraries not exceeding 800, house
hold furniture, not exceeding $l00. All
persons of full age in this Territory are Ii
able for the tax of all property under their
control, but mortgaged or leased property
shall be taxed to mortgagor unless listed by y
nortgagee. The Assessor, by June lst,
1865 shall notify each person in his county
20 list his property under oath on blanks
furnished them for that purpose, which he
shall gather in by June Goth, 1865.
FORM.
lst.-Description of Lands.
of capital employed in mer-
chandise.
'd.-Amount of capital employed in man
featuring.