The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1868-10-13

Debeniurcs Of General Assembly, ca, 544 40
Extra Pay and Soldiers AlIotments ASA 50
Organized Militia Pay Roll, $40 %
Court Orders, 9,4sl "A
Auditors Orders, ls4.sgs II
State Bonds Redeemed $4,000 90
Balance Credit Sinking Fund, 69637 81
Interest on Bonds aud Loans, 1866 rs
Allowance 90 Collectors Of Taxes, 1884 ~
Normal Schools, 1850 W
balance IN Treasury Sept, 1868 1865 A.
Total, k754, $50 a
The classification OF tho expenditures for the
bebcnturcp Of General Assembly, 1854 40
Expenses Of the Courts, (without in
Guiding Salaries, 1919 sc
Interest on bonds aud Loans, 81, sG6 Is
Expenses Of Printing, 1885 80
For Salaries, 80 96s l6
Asylum for the Insane, l4,OS0 81
priations, II sos %
Expenses d Board Of Education, 4,545 "a
Expenses Of Superintendents OF
Schools, 4.235 81
Militia and Q. NJ. Generals E1pondi-
Extra Pay and Organized Militia Pay
Rolls, 2,sel II
come, S.25s n
Expenses in Sergeant-At- Arms De-
partment, 1854 ~
American Asylum for Deaf and Dumb, 2l20 2b
Expenses Of State Library, l,419 "a
Appropriations 10 Normal Schools, 1900 90
Official Expenses and Miscellaneous, 1888 66
Total, s339, 2O9 30
ESTIMATED LIABILITIES ron THE CURRENT YEAR.
For sundry Balances in the Treasury, $4,000 90
Interest on Bonds and Loans, 1900 90
Other State Expenses, $40, 900 90
Sinking Fund InstAllnlent on Bonds, 10000 90
t47e,0 900 90
RESOURCES
Balance In Treasury, and due on
Taxes, s7s,i5s IS
Balance, t997, $40 IS
II will be necessary TO assess a tax upon the
Grand List Of the State, for an amount sufficient
TO meet the estimated liabilities aud such other
appropriations as may may be made, What 10
received during the year from the United States
may be appropriated to further reducing the
funded debt, or may be apple TO reduction Of
the tax. 115a N
The balance in the Treasury to the credit Of
the soldiers for allotmonts Of United States pay,
IL now, including interest, upwards Of twenty
two thousand dollars. The object for which the
allotment systom was adopted having been fully
attained ii may be well 10 inquire If some steps
should not be taken having a tendency 70 bring
these accounts 10 a close.
The aggregate indebtedness Of all tho towns
and cities in the State as ahown from the returns
made 70 the State Treasurer, is nineteen humid
red and and thirty-nine thousand, one hundred
and and ninety-eight dollars. Nearly one half OF
the debt Is found IN tho counties Of Bennington
and Windsor.
ASSESSMENT or TAXES
II IL evident 10 many who have been called up
on to administer our assessment laws, that the
burdens Of taxation do not bear equally upon all
elRsses Of property. This ~ owing, in part, to
the method adapted in making up the list In
some localities the real, and portion or the per-
sora estate Is assessed at about one-half its val
nc; while in others II is represented In the list at
lite full cash value.
The assessed value Of the real and personal cs-
tate Of Vermont was, in 1850, nearly eighty-h
millions Of dollars, while its true value IN mon
cy, according 10 the consue " that year, wns
over two hundred and fifteen nnlllonA. The OK
listing laws require that real and personal estate
shall be Het in the list at its irne value In m0e
ey." The adoption Of any other course IL unjust
as well hs Illegal. II is tho practice, on the part
Of the listers Is some localities to file their lists
in the Town Clerks Office without the oath pre-
ncribed by law, thereby easing their eonscienees
for any irreguafity In their mode OF assessing
the property set ~ the lists. IL may b. well ~
inquire II more faithful discharge of the duties
Of listers would not be secured by prescribing
some penalty for their neglect violation Of the
requf ements Of the laws.
1he right Of appeal from The listers lies only in
tho party Whose property II appraised II has
been suggested that II would be Beneficial n give
the right Of appeal IN any tax payer, for II any
part u the property in town Il assossed at less
than its true value, II Is matter Of interest 10
all tar payers 10 have II corrected. This right Of
appeal would ALSO ensure 3 more faithful dis
charge Of the dulies u listers.
The tsxAtion Of personal estate, invested IN the
State by noD-residents, has been frequently
the sabject Of legislation, and, as yet, without
any satisfactory result. An attempt was mAdn at
The last secession Of the Legislature 10 enact Law
10 regulate the taxation IL stock in railroads hold
by non-residenss The bill passed both houses
on the last night 81 the session. II was cocurr-
cd 10 by one brAneh after the other had closed is
business and adjourned
On examination u the act, deem II my uty
10 withhold my approval, Following that had the
attention Of the Legislature been called h. the
questions involved, the bill you'd not have boon
passed.
Al the secession II 1854, The las ~as passed 10
which tho bill in question vas AZ amendment,
While naither aoctad the tax on thc stock IL req
idents. the wo acts being identical In thai re-
spect The iall Of the last session changed only
the manner ~ assessing aud collecting the tas
upon nonresident stockholders, and repealed
without reservation the law u 1854, lsection s.
and 81, and % Of chapter y Of the General Stat
utcA.1 HG N
by the direction Of former Legislature, pro
csedines bad been commenced ~ enforce the col
lection a the tax upon the stocA Of nrn-Fesidents
Ia de Vermont and Canada raiirosd company. A
ball 10 chaneery, ia behalf " snch stockholders,
waA, therefore, brought against the State Treas
nrer, and m injusction procured restraining that
officer from collecting the TAI. This suit 10 noe
psnding 10 the supreme court ~ the United
stAtos, and u sKpected vii b. heard the presesf
winter. deem II the part d wisdom 10 postpone
farther egslatioa this sab iecs untd the e5ufts
have pAssea upon the questions nov under opn-
ssderstien.
/ ktn advised ~ eminent counsel, that should
the decision IT the coar ~ IN favor ~ tht ssatn
the enactment n ILs taa n last ssssioa woaid
render quite doubtful the power u collect tie
craea taxes EOS 10 arrears swtafaasz.A H. asHosut
~ oyer one hundred Thousand doliArz. The Ia.
qairy from Interested nan-kesidents Is regard b
die late " the bl sBoe the clone ~ the ass aes-
s.on, issluss ne 70 tho eplnioa that there uas =
aestgn in the a1srpdn,est not apparent " the
L@gaeixture when the hslf under conslderA-
tioA. a6d Il apsiy iiiastfesss the evils that may
grss~ gat " Legislation under saspeusioB II tha
raiss osFiag ue sissang hosrs ~ The secession.
There Wss e ny m.nd EBotilsf SERIOUS eblee~
lion " che I'm The iHw Il tsSs required tbs taI
upon ihs stack IT uas.Eesldsnt 10 ~ pad into he
AAts Treasury. sbeFs AL ths paaFis "A the EIAts
you'd neuesye pE0porfiunsss imna6t Ths pro
pgssd 1nssadBent gave the GdsA1tags fFsm TAI
log stsss II nsgl-feslaeuas b. tie t1wtS n vh5eb
ths AslfaAd esFpoFa8lgh might keep - psaHeiEsal
ashQe
wlas G.shlssg s.eaia bs aass y sgeet ias "a
lAAIty q IA ~ a lASi uatA hsAi aaslssoa Il