The Daily state register. [volume] (Carson City, Nev.) 1870-1872, 1871-03-11
TAXING THE MINES.

of the mines paNSeu ~ thc i"'o
Legislatdre makes some import
ant changes in the mode of asses
sing ores from the method in force
under the old law. Section of the
Act provides that all ores, tajilngs and
mineral bearing material OF What>o-
ever character. shall he assessed for
taxation and there shall hc deducted
from the same the actual cost oil eN-
tracing anu transportation 10 the p!"r"
of reduction. and the cost Of reducing
surh ores or the actual cost Of saving
such taiiin-&. and the remainder snail
be considered the nci proceeds; bUtlh
10 case shall the deductions equal n
rro>S Weld. Oh all ore OF taI.lnGN-
the gross Weld OF which is twelve dol
lars rpr tom or under, the whole
amount OF deductions shall not eN-
coed ninety per ceutum Of the gross
WELD Of the ore worked. pn all ores
/ the yaluc of which i oven twelve and
under thirty dollars per ton, the
whole amount OF deductions shall not
exceed eighty per cen-um e, The gross
value or Weld. ON all ores or t1iInng~
'rho value OF which is oler thirty ana
Iunicronl hundred dollars, tha Whv.r
amount Of deductions sn".. not exceed
Isix:v per ccu;um Of the gross value
On all ores Tie yal"e Of which is one
hundred dollars ana over, the de-uc-
TONS shall not exceed thy per
ccn.um of tae gross yield or value.
An additional exemption Of fifteen
Ido!lars per ton IS allowed on all ores
of whatever kind worked by the Frei-
berg process.
The remaining ten sections of the
bill are devoted 10 the mean OF carry
in into effect the provisions OF the
Act. and do not differ materially from
1.-THE Old law. The passage Of this law
was REGARDED as a victory for the east
| ern part OF the State. As under its pro
visions the mines of Storey county
which have heretofore been exempt
from taxation on account OF the low
Grade of the ores, will under this law
be compelled to pay a tax on at least
: ten per cent. of their gro>SyieId, how
ever small that yield may be. Here
+ tofore under the old law it made 10
difference whether il cost ten dollars
or one thousand dollars TO extract and
mill n ton Of ore, the exemption was
G eighteen dollars i'll either case, WhICi
f often worked a great hardship anc
e wasa positive injusticet to manymlner'
in the eastern part Of the state, "heIt
5 the mine, are small and narrow ano
= the ores rich. To be compelled to pay
a tax on high grade ores which hao
:, cost nearly or quite all they wer, worth
/ in extraction and milling, WIKI the
/ small sdeductiOn OF eighteen dollars
e was very much like paying a tax OF
:. the entire gross proceeds in the eastern
: mart OF the State. while all ores II
= Storey county below eighteen dollars
4 were exempt from taxation altogether
: when in many instances the net Eleld'
were equal to and perhaps greatertha'
5 the net yield Of much higher grade
: ores. Storey county, under the new
law will lie compelled 10 contribute 1T
lust and fair proportion Of the revenue
arising from the taxation Of the mines
and Eastern Nevada Will be in goo(
humor with its representatives in tn
o. LEGISLATURE and be thankful for thi
one law if for none other passed dnr
,e ing the session.