New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1868-01-08

hundred and thrythrec millions. and in South Carolina
AZ two hundred and sxty-twO millions OF dollars In
six millions. The same year. IN this State, the per:
sOna property indicated was about two hundred ana
rate property, in the States referred to for com
parisOn. 1 am not informed. but II could not
is based different principles designed TO produce more
just distribution of BURDEN for there can be no doubt Dut
times than that held in the above named States
The existing aXy and inequality OF assessment operate
those who are taxed more nearly or erey 10 the sum
Of her personal crscna STonsSy tSTo u AN
undue and dspropOrOnate share OF the state tex upon
erty is held Real estatcmay be, and doubtless gener
ally undervalued; but uniform increase In its valuation,
while reducing the percentage will not affect the amount
OF tax and It is apparent that it would be reduced
by just so much as personal property is brought 10
IL discrimination may be made, 1t should not be TO the
prejudice Of real estate because personal property costs
the public more for its protection, and gen
orally Yields n larger proportonate profit. We
have nothing TO fear from unwillingness in the peo
pie contribute fairly to just distribution of taxation
but unequal IL is the OF discomfort may be
pected. burden which may easily be borne when as
trbuted uniformly and equally placed on the shoulders
Of few, upon the many with unjust discrimination
becomes oppressive
The laws In several Of the States require individuals to
furnish returns Of their property as the basis Of ya e
working Satisfactorily and believe the experience
has obtained in some Of the Eastern states In TINS
or some other and better FORM remedy should De pro
commend this important matter 10 your cary cOnsuera
tiOn respectfully suggest tnat, II
dent the question should seem TO you To require H. III
might be advisable TO provide for competent commits
sion to investigate the subject, ma report promptly
to the Legislature such facts as they can collect,
with such recommendations as may be deemed
advisable in view of the practical results OF legislation
III other states In aid of this general object The end to
be attained is in which the entire community Is
deeply interested Every class OF our citizens recognize
necessity of reform and all will cordially acqulesce
i'm such legislation will secure FAR ana just equaliI
ton general burden Every citizen Will be content
to do his part If he be assured that he is charged
with no more than his own equitable and legitimate
share.
CANALS AND CANAL FUND.
Balance in the Treasury and invested, Oct. /, .o -
l6tb
Received during the wear 56Sl 1929 OF
Total ....... $l05e5.9 63 II
Paid dining the wear ............... 6,725,O27 As
Leaving balance September go 1867 Of. SsiOs55 60
From tolls h'oh s. 9s2161 20
Rent Of st1rnlus wafer ................. 1.1G5 90
Interest current canal revenues....-.-. BLAST So
MsreIaneons REGENTS ............... 5,593 62
Total .......................$i, O5O,357 70
EXPENSES.
nairs . $313.6si So
To Confractors for repairs ........ O33 50
To Snperntendents for repairs. iO,l62 81
To Collectors for salaries, clerk
hire pay of inspectors, and
penses Of collectors olices....... 7616S 90
To salaries chargeable 10 annual
revenues, refunding tolls, print
ingand miscellaneous payments. F69A5 70 ~ -.