The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1871-12-18

during the year preceding the hrat DAY Of
Anril and remaining unsold on that day
in the possession Of the original owner or
his agent"
| see in another section hero that We
and Others all that we have on the hrst
day Of April shall be taxed. And YET ne
says manufacturing is not exempted. l
say the manufacturer is exempted under
that lust rs much, while this eXempls
them from State, county and township tax
es, which it does not the railroad. 1t ex'
empts the manufacturer from State, Coun'
ty and township. And it also exemps
the agricultural products where II belongs
to the party which produced 1t, MI.
Wilson read from the same section the
provision cxemptng "all manufactured
articles and products of mechanical skill
and labor produced in this State during
the same time, and remaining unsold on
the first day OF April, in the hands OF the
producer or his agent"
There is two parties and which arc eS'
empted in total violation Of the section
which he quoted. can show him In va
rious other places where all property is
not taxed equally. / recollect, and he
will recOllect, certain decision against
the insurance companies here in which
they taxed them q percentage on the gross
revenues Of the company Is that al Oh,
loren taxation, rs they tax you and me 7
Is that Just and equally Is that tho same
kind OF taxation and which they tax you
and me as individuals And yet the
courts sustained that against the insur-
ance companies here, and various things
you find throughout here and which IT
you try to follow that 9Th section you
will find where you run Il aloul OF 1t very
often. Men very often legislate where
they have direct interest, The
great interest and which In this State was
the agricultural interest. That interest
controlled the Legislature, and to get
their exemption through they had to
yield to the manufacturing interest and
exempt them, =.
Now | have had my doubts myself
Wheeler II was worth anything even to
the Company-ifit Is unconstitutional the
courts may decide it hereailer--evcn IT
you exempt II; and that the Road
takes that risk, but we take none II
they go on and eXpend their money here.
If they will agree 10 come here and spend
this money, think u Is the interest OF the
city of Wheeling. | think my obligations
are rs strong as any other member. | say
you swear here to protect the true inter.
csts of the city Of Wheeling, Believing
that 1t Is the interest Ol the city Of Wheel.
ing that his road should be exempted and
Its money spent amongst you
After passage with MIR. Blair about
the wording of the oath taken by n mem
Der of Council, Mr.. Wilson resumed :;
Now, l ofcourse, did not expect when
| came here-I had understood days ago
my friend from the Third Ward Mr.
Stanton was going to make setspecch
and had engaged reporter, and 1t would
be published; and | presumed II was for
political purposes; and | had no objeC.
ton to him Il no could make capital TO do
II. But when he said he was under no
obligations, and intimated Others were,
and which voted here, certainly thought
would put myself right
Mr.. STANToN-If anybody told the
gentleman | was going to make "a set
speech and "had engaged u reporter"
they told him what was not true.
The exemptions rs to particular agri'
cultural and manufacturing products In n
certain state OF the CasC, may or may not
be unconstitutional. | think there arc
good many unconstitutional laws in the
Code, but the idea that 1t contains any
substantial exemption Of manufacturing
capital Is all terrible dGlusion. II Is
Only here md there special commodity
shall be exempt; but the Code provides
the mode OF assessing for taxation oil the
capital OF manufacturers, and every man.
uhcturer Is compelled 10 give In his
manufacturing capital for city and oil
other purposes. 4
The capital OF the farmer Is also taxed.
Ills farm is taxed at q valuation and his
Is taxed At q valuation. His crop
may be exempted during q specific pc.
liOd, but the ground II grows on Is taxed.
The Captain has referred TO tho OK.
cmptiOn Of the insurance companies. 1t
does seem 10 me he put that case rather
5luBu -lluuO tiO plblJOpltlOi nhhubS'
ly. The question made by tho insurance
was this: they had invested n
large amount Of their capital in stocks
md bonds Of the United States.
Mr.. WIsoN-It was under the act Of
1854 which tho case was tried. You will
find they were assessed on their gross re.
CCipts under that act passed under the
constitution Of this State; but under the
present chapter o., the one governing in.
surauCc companies, Is very different law.
Mr.. STANToN-All the delegation /
have heard toll Of in regard to taxation Of
insurance companies was rs TO taxing the
capital or income OF companies when In.
vested in stocks or bonds Of tho United
States; and the question was whether
capital so invested could he taxed when
by the law Of Congress under which tho
bonds were issued they were made exempt
from oil taxation, and the courts have de.
cided TINT capital so invested is exempt.
II there Is any question about the taxa.
lion Of gross receipts | know nothing
about Il.