Macon beacon. [volume] (Macon, Miss.) 1859-1995, 1873-11-01
faxes and The HayL,

The 'gEH % Macon, on t1s sub eel
1T ;4T~ severely cn'cIrs the
rendering In Of lakes by The mer.
-l8u-,.
Iaa no merchant, bl, the hon
gu1- Nara-. O.. ! rJne 7e, rs
1prs great injustice 20 rhs m-r
chants 80 "a cas- and re 80, g..
warranted rs the .aE aai ,ha facts
in hopping such 5~FProrCu 1Y,n
them.
The Sls,a,e sav- on aLi proper.
y not exempted, real a.l persona
money rights IN action. notes. &c
cgani-, bond. and stock IN ,ue1rra.
ra-e1 companies. = lax sGa. b. a.
.s,e1 and collected on the vain
thereof According 10 the .,-e,
.st'er o. the .4T perhaps d w01.i
Je r.gEi s. the honorable Gay
,sy', fur tie Uerer4r, o. pay take,
90 ai, stock Of merchandise -, money
On hand gr q: interest ard bis note.
and accounts, bat the .pirl. Of ,1a
.aw evidently intended ID Tax =
mar On shat X : worth Do the Va
r.9l- . H4- a} property L, - emu
msra. q. Il nos, I an clearly /
the opinion that the glr-e-t rule FIR
the merchant DO Rendering In be
AIe,, j. 70 max. on, /. 5a.s--.
.hee. and So ThaI BIZ, bushes. -,
worth 70 him and max be returns
a~ccordirgly.
The Hon. Mayor draws q very
irgiiY1- distinction rg'Feen the
merchant who ca1 bos., ti, ,Jr:y
th1I.and dollar. worth { mercaau.
Dis bought On q credit, and the
poor man, who, for.ooth, owns the
p.ti4. sum OF one horse, and he in
stances this kind Of a man and a..
-sr.s that although BIZ, horse may
not be paid for, } ct he Il. bound to
pay ta1-- on him.
Now, which is the poorer man,
be who ran boast hi, forty thou
and dollars worth Of merchandise
bought On q credit, or he who has
bought a horse for one hundred dol.
lar. On d credit? Eqi4eut,y, lhr
merchant. He will have u cell ont
his good, at rytai. On y credit to the
poor, honest men Of the country,
who never can aud never will be
able to pay him more than one halt
thcy will owe him, and thus they
viii deprive him Of al, u his profit.
and a good portion Of his morchan.
disc, for winch he is bound ~ pay,
i allie. Again, tho man who has
bought his horse on a credit should
not be compelled to pay taxes On
him It'll he is paid for, because, all
property, both real and personal,
is bound for the purchase money
until the same il paid. Hence, the
man who sold the horse should pay
taxes on the value thereof, repre-
scented by the note for the purchase
money, until it is settled.
If man sells a piece Of raj or
tate on q credit, AMI takes notes for
the payment thcreofand gives bond
for title, certainly he should not be-
compelled to pay taxes on the land
and note. both. l. 50, he would
most a,.uredly be payinr taxes
twice on the same piece Of proper.
ty. He is bound to pay the taxes
on the land or its yulao, as he could
not make a clear title unless all the
taxc. have been paid.
assume the position tha, a man
should onlv have 10 nav taxes ON
what he is worth, or on what III,
property he ha, in possession At the
Commencement Of The f-cal wear. K,
worth 10 hlm. and not ON il, m.
trin,ic value. abstrac,,y considered
For instance a man owns q niece
u rea! estate 10 which he ma, only
u tax title; dyc- no or -houId h,
. render thai land in At What If vouI5
be worth with a -ecrrc ,itIe1 Re
10 means; ne oniy roud.r. II in a,
What il ia Worth n him wi,h .prh
title A. he hold If hy. al. that il al,
It would ordinarily .ylI for with
surb ,;flc
Bu,tg the merchant syoin The
fscal year If the ,ywu a. N,ron t..
gi4. Oh the frat dav If g.n,cmb.r
in each year. Sunp,.e the YhoI..
sale merriam, lived yithip il. err.
pgrate limit. and our re,s,I mar.
chan,. her, -h1uIj. du,in, ,h,.
month ol Ayyn.,. buv from him
from $4,000 70 10000 worth a.,
g1od., each. On a credit ]smoon,ioo
in the aggregate To say a5OOoO AID
1--WE their rgtea rA.,ae,iynIy-.,r.
be On The fr.t Of January ,biI2w.
.ing, and have the pood. ali in .tock
on the H., doy RI gnrtcmLn.
should the retail merchant. render
in their entire stock or merchandise
to The assessor and al.o the whole.
.ale merchants thc no,e.2 WnnIJ
an, III. g.. -. 81. 49,