Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1866-12-19
luspovsn~s Tcx peci.isn.

WEDNESDAY EVENING. DEC. ~.
- - -
Iasporsnns Tcx Bsecisisn.
The Peoria Transcript relates that the
Supreme Court Of Illinois hes just made an
important decision In regard to assessment
for taxes on money loaned out by non resi-
dents on real estate. The case went up from
Taxewell. In 1858, James HAincs, assessor
Of Pckin, made an assessment on John Da.
vcnport as agent Of his father and uncle,
for money loaned out for
them on real estate in the county. Dsvsn>
port appealed 70 the Board Of Supervisors
aud the Supervisors sustsissd the asssssos.
He then wcnt 70 the cesrts end eblAlnsd On
injunction sgainst The esussaisa u The tax.
The care Vas caEsisa y ehanes of venue
70 the Mclean Cirsuit where JsdGs Ssott
rendered decree sltssss 70 The eouaty asd
made the injunction perpetual. The county
thereupon took the ease 70 ~ Supssne
Court, and the court las upset Judge Scsss's
decision and sustained the county. The
practical result Of this decision is that non.
resident loaning money on real estate in IN
inois is put on the same plane with non
resident owner OF real estate. both arc tax
able for the amount Of their interest. This
strikes rs common sense view Of the ques.
ton, and we do not think anybody will
complain except parties loaning the money.
Wool lirewlog.
A letter from Bucnos Ayrcs says the wool
clip this year will DO 100. OOO, 900 Of pounds.
and that the recent rise In the tariff Of tho
United States has produced great dismsy
among wool growers. No woods will come
to this country for the neat year bot these
that arc fine and clean. The wool bids fair
20 be finer, cleaner, freer from burrs and Of
better color than ever before.
In Texas they profess 10 have become
generally convinced that the only way for
che sheep and wool raiscrs Of this country
20 compete successfully with those Of South
America, is fer the WOOL growers Of ths
Northern States 10 remove their ilocks and
their business TO that State-thc greatest
sheep country in the world, and where
blcodlcd sheep command high prices. Thia
does not agree. however. With IN item which
We gave day Or two ago - 70 The. rapid
increase of late years in the wool production
Of Minnesota. In 1850 that State had but
30 sheep. which gave 50 peunds Il wool
These had increased 10 1888 n 1850,
yielding o2.74o pounds Of wool and 10 1868
the number Of sheep VAS 5Oo. 900. produc'
ing. besides what was used u home, 242,.
IA ~ounds Of wool for expert The cli-
mate and soil Of Minnesota arc aid to b.
peculiarly adapted TO pastsrsge nd sheep.
raising, and it is no doubt destined to be-
come agreat wool growing State.
Eating Wp Timber.
The Saginaw. IN ich) Enterprise, say.
that the Saginaw Mill At that place, owned
Mcs>rs Sage. McGrsw & Co, of Toledo, cut,
within twelve hours, the incredible amount
Of 2i5. SCI feet Of lumber, an average OF
about $4,000 feet per hour, and this was
done BY two pair Of gangs. ono upsright saw,
and one fur aud . half feet circular
saw. This IS the greatest achievement
ever peri rmed by any mill In the State Of
Michigan, or any other State. This would
make three hnndrcd feet per minute, and
would take them three and one third minis
..tes 10 make one thousand feet Of lumbc,
Mason & Co.'S mill at Muskcgon runs Z
thousand feet in eight minutes. and Il
thought TO be remarkably fast mill. I,
must knock under to the Saginaw Mil.
Eaecs~ orrerrssorlallsla STATES
Tho Redmond VVhig sugecs;s that The
following effects may result iron the schem,
now in favor with the Republican Congress
men, and they are suggestions which ar,
worthy Of the attention OF even that elias,
of patriots and politicians. The Wing 70
marks:
'Somc Of the Jacobin leaders At Wash
ington insist that the Southern States shal
bc reduced TO a Territorial condition. lIav,
they considered that one Of the effects o
this would be 10 destroy State debts, and al
so to release tho people Of the Territories 3,
created from liability to taxation by the Fed
eral Government Territories would no
pay debts created by States, and could no
b. forced to do so; aud the policy ant
practice OF the Government do not allow
citizens OF Territories to be taxed to pay
the debts of the United States"
AGRICULTURAL EXPORTS The following
table shows the exports from New York L
foreign ports, Of various articles Of domes-
tic produce, for the first nine months Of the
S....cIai