Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1871-11-03

20 the present session ofthe General Assem-
Dly rereierredto. The Comptroller Report,
page %, shows a total revenue due from de-
llnquents, (Which includes the tax Of lS7l,)
OF $2,083, 440.62. The majority of your
committee agree that the privilege tax, tax
on suits, etc, provided for in their bill, VIII
yield revenue OF about $4,000, and that
the ddUdlorenl tan, estimating the taxable
property Of the State at $500, O00, 900, at Fifty
cents on the hundred dollars, or five mills
ON the dollar, viii yield a revenue of 81, 800
900. These sums foot up grand total of
revenue available during the present and
ensuing years of 81, I33, 440.62. Now, it
win be seen, by reference TO the Governors
Message, page 8, that the balance of expen-
ses, for 1871, are estimated, by him, at
$3.50, 000-curent expense, for 1872, page Z,
at $500, 000--outstanding warrants, page Z,
$552, All. 27-old issue Of Tennessee money,
$780, 00-Loan Account, S206,000, max
ing total, for the payment ofowhich the
majority propose to provide, of S2,5lS, 4l7.-
~. This latter sum, taken from the total
available, as per Comptroller's Report, and
the rates of taxation insisted oil by amajor-
ity of the Committee for the ensuing year,
viii leave balance, on hand, of 81 SID, 023.-
Scout Of which, it might well be presun-
ed, the unexpended balance of Capitol
Ground appropriation, and the expenses in
CURED in selling delinquent railroads, could
be readily realized if the same were deemed
absolutely necessary under the existing
circumstances. E .H n
The minority of your committee, though
agreeing to provide for the expenses pro
posed TO be paid by the majority (when in
fact they are in doubt as to the justice of
paying outstanding warrants, at present, in
asmuch as they are generally held by specu-
iators who bought them at deprecated
rate and occupy no higher grounds than
coupons from bonds issued according to
law, and now over due), are of opinion that
thirty cents on the one hundred dollars of
taxables will meet-and more than meet
every demand which should be paid at this
time. Take the estimate of the majority
Of $2,51S,417.27 as the sum necessary to
meet the demands Of the majority for
1912, as basis, then estimate the taxable
property at $500, 900, as do the majority
of your committee, and by levyirg tax of
thirty cents on the one hundred dollars
worth of taxable property, we have $780,
0G0. Add to this S550,000 arising from
privileges, tax on suits, ETC., and the balance
due from delinquents, as per Comptroller's
report, page IS, and we have a total of
s., $50, 900. BY an estimate it will be readi-
ly seen that this sum, raised by tax of
three mills on the dollar, exceeds the ne
cessary expenses, Gncluding balance for
1871, loan account, old issue of Tennessee
money, outstanding warrants and expenses
for 1922 by the handsome sum of S1,015,-
$50. This latter sum, we may reasonably
suppose, win pay collections, cost, losses,
etc. These figures convince the minority
of your committee that three mills on
the dollar is sufficient, and therefore
they earnestly protest, in the name
of the tax-ridden people of the
State, against higher rate as absolutely
unnecessary and unjustifable under the eX-
see every dollar Of just and legal indebted
ness discharged as soon as possible,
but think the time has not yet arrived when
steps should be taken to effect that object.
Your Committee are, further, of the opinion
that the net income of corporations, which
the majority propose to tax five mills on
the one hundred dollars, should be three
mills, for the reasons already given, and for
the additional reason that under our Con-
stitution, uniformity in the assessment of
IlttTCUt I1ACo DC tlCoClNtN.
There are other points of difference be-
tween the majority and minority of your
committee, but it is deemed unnecessary to
refer to the same, as the more objectionable
features have been pointed ont. Believing
we have discharged our duty to our consti-
tuents. we leave the subject with this House
in full confidence that our conduct will
meet the hearty approval of the people Of
| H. er,I,,
J. A. MCCALL,
w. d. LUMPKIN,
J. NJ. CREWS,
~ w. F. HINCKLE,
j. l.. MCGLoTHLIN,
B. ". PADGET,
CHARLES LYNN,
j. H. MAGILL, I
B. a. ENLoE, !
j. NJ. HARRIS.
On motion $50 copies were ordered
printed, and the whole matter made the
special order for next Wednesday.
NEW BILLS AND RESOLUTIONS.
| By Mr.. Freeman: A resolution provid-
| ing for the printing of 300 copies for the
use of the House, and 200 for the Senate,
of the reports and testimony in the Baxter
charges against the Public Printers. Laid
| over.
By Mr.. Wilson: A bill to amend the
laws in regard to suits brought by poor
persons.
By Mr.. Doss: A bill to change the line
beween the counties of Wilson and De
Kalb.
By Mr.. Lewis: A bill prescribing an oath
| TO be administered to witnesses before
Grand Juiies.
By Mr.. Buford: A bill to amend section
| 2,477 of the Code.
| By Mr.. Moore: A bill reducing the State
and county licenses ON public hacks. Ii
makes the State tax SO and the county
tax s..
By Mr.. Lumpkin, A bill regulating lega
proceedings by or against railroads.
SENATE BILLS ON SECOND READING.
To amend the general law concerning
railroad corporations.
Mr.. Harris offered an amendment author
izing railroad companies to consolidate witt
each other, etc. Adopted. The bill then
passed.
| HOUSE RESOLUTION TAKEN UP.
| House resolution appointing cOmmitte,
to investigate the statutes of Tennessee
compiled by Thompson q Steger, came u
on Senate amendment, adding Shankland'
compilation. The amendment was concur
red in.
HOUSE BILLS ON THIRD BEADING.
To amend section 2773 of the Code. Re
jected.
To amend the charter of the Washingtel
Fire and Marine Insurance Company. Re
jected.
The House took a recess until 2:30 p. m
when it reassembled.
HOUSE BILLS ON SECOND READING.
In regard to poll tax. Rejected.
To secure sheriffs, constables and othe
officers their commissions. Passed. /,
To prevent appeals from Justices of tn
Peace for the purpose of delay. Rejected
To repeal portion of section l, chapte
IA Of acts of 1869-70, relating justices a
tending quarterly courts. Rejected.
To exempt from taxes certain buryin
grounds. Passed.
To amend section go Of the Code
Passed.
To repeal an act passed in June, 1870,
suppress hunting and fishing in Benton an
Humphreys counties. Passed.
Relating to the distribution Of none
| raised by Sheriff sales. Passed.
m soo4;o, Q0QR Of Cod