Orleans independent standard. [volume] (Irasburgh, Vt.) 1856-1871, 1870-11-01

From general committee in favor
OF b. 81, to protect fish in Rhine's
Cove, &c, in the town of Troy; third
reading ordered.
From general com. in favor of h.
80, for the relief of insane persons
third reading ordered.
From general com. in favor Of b.
1913. in amendment of an act relating
to public burial grounds and their en-
largement; third reading ordered.
Special order.-Mr. Bisbee of New
port, moved that h. 10, to tax depos-
its in Savings Banks, it being the
special order for the present time, be
recommitted to the Special Commit
tee raised on the subject Of the grand
list.
Mr.. Slade moved to amend so that
the amount Of tax shall be divided
among the several counties of the
State, according to their several popu-
lations under the census of 1870.
Mr.. Hinckley, Of Chelsea, opposed
the bill as giving preference to depos-
its in savings banks over the stock in
other banks. Ordinary bank stock
pays state, county and town taxes
By this we only tax deposits in saw
ings banks one-half Of one per cent. to
60 to the State, and is liable to no
other tax. He was opposed to the
discrimination made in favor of Saw
ings Banks.
Mr.. Slade, of Middlebury, said the
deposits in savings banks only pay 5
to 6 per cent, while other banks pay
10, II or Is per cent. Let this val
liable stock, which is owned by CAPT
talists, be taxed, and let the hard
earnings of the widow and the orphan
be left without the taxation imposed
on other bank stock.
Mr.. Hinckley said that now any
sum in savings banks less than $3.50
is exempt from taxation. while by
law the barrier is removed and every
dollar is taxed. As to the setting in
the grand list of bank stock at a less
value than it is worth, he thought il
not applicable to all the towns and
all the banks, if it might be to others
1t would lead to a cover whereby
capitalists could secure their depos
its from taxation, to which he was op
posed in all forms.
! Mr.. SIade said the gentleman from
Chelsea was particularly sensitive
about the widows and orphans; bu
t he would so fix their deposits as t,
| subject them to even more taxation
than is provided in this bill.
}, Mr.. Jones, of Dover, briefly oppos
t ed the motion to refer the bill to tn
+ special com. on grand list, and though
D it much better to dispose of the Who'll
:. subject now.
/ After brief remarks by Mr.. kellogg
Of Benson, Mr.. Midget of Can
bridge, and others, the motion to re
: fer to special committee on gran
o list was disagreed to.
Il The question recurring on the adoI
u ton of the amendment proposed b
If Mr.. Slade OF Middlebury.
It Mr.. Grout Of Barton did not pa
$ ticularly object to the amendmer
e proposed, but he thought it did nc
5 leave the tax on deposits in saving
/ banks the same as on property il. oil
: er banks. There might be serior
IS objection to this bill on constitution;
: grounds. Perhaps savings banks d
d mand this kind Of legislation, but /
IF was not prepared to vote on it to-da
)i and moved that the DILL be ordere
/; to lie, aud be made the special ordt
for Tuesday afternoon next at 2 l.
y O'Clock.
lie Mr.. Field Of GuiIford made a stat
c ment of facts. but his remarks wei
V not distinctly understood at the +
IL porters' table.
Further remarks were made
IL Messrs. Field of Springfield, Morga
of Of Rochester, and Grout OF Barto
5 =; when the motion of NJ. Grout vi
it agreed to.
IS Mr.. Farnsworth of Windsor Gale
: up h. 81, in amendment of sec. 81, c
g, Is, 9. 5, relating to towns, town nee
)l- ings, and their officers, and briefly o
eh posed the bill! in its present FORM
a On motion of Mr.. Bartholomew
?; Washington, the bill was again orde
he ed to lie, that some remedy may
is proposed if the bill is in any mann
Ill defective.
Ill On motion of Mr.. Jones of Dove
to adjourned.