The Jackson standard. [volume] (Jackson C.H., Ohio) 1847-1888, 1873-01-02
Increase,

! Increase, 9,O4O
The annual increase Of wealth of
any and all agricultural countries, as
! shown by the statistics of this and other
| States, is but 4 per cent annually. This
being the case, and taking the duplicates
of 1852, and add per cent. annually for
! the natural increase of wealth, and
you have surplus of over two millions of
dollars to be accounted for in some
| other way, and is it not solely attributa-
BILE to the developement of the minerals
! of the county, caused by the building of
| a railroad through the same? 1t is shown
| that the property Of the State, by the re-
ports of statistics is not on any of the du-
! plicates to exceed so per cent of its true
value, a fact which is known to every tax
payer of our county; so that the increase
of wealth in the county by its minerals
developed by the building of the present
railroad cannot be less than Al millions.
The number of furnaces in the
county at the commencement of the
present Railroad was three-Jackson,
Buckeye and Keystone.
Number built since and now in op-
GRAFTON in the county ten Jefferson, Mon
roe, Cambria, Madison, Latrobe, Lincoln,
Star, Fulton, Orange and Globe.
Number near the county line, and
from which Jackson derives direct ben
eft four Hamden, Gallia Washington
and Cincinnati or Richland.
jackson county is the third county in
the State in its product of iron; Maho-
ming being first, and Lawrence second.
At its present value these seventeen Fur
naces make annually 2t millions of dol
lars worth of iron; and have paid taxes in
jackson county since 1865, not going
back of that period. over $Sl 900, of
h oI, hf1i1 ha
road was over $65000
Amount of taxes paid by the Ma
rietta & Cincinnati Railroad from 1865 to
1872, $43,S1S.5O, being an average of
S., ,4S0 for each year, making a total paid
by the furnaces and railroad in years
alone, 1924 900, or about one fifth of the
entire taxes during that time. The COM
mittee are satisfied that the whole amount
paid by the furnaces and railroad since
the building of the railroad is nearly
double that amount, but did not have
time to examine the books further back
Valuation of the Marietta e Cincin-
natl Railroad for taxation $3.50 per
mile. Total valuation in jackson coun-
ty over 1888, 900. Amount of their taxes
in the county for 1872, over $1,000.
Valuation of first class railroads in
the State for taxation, Pittsburg Fort
Wayne and Chicago Sl4,340 per mile,
Cleveland, Columbus and Cincinnati,
$l2, 100 per mile.
The present duplicate of 81 ,563 600, at
an average in the county of 81 1874 inclu-
ding the tax for corporation purposes rails
es o revenue of between $4,000 and $9l,-
600 taxes, an increase of two mills on the
dollar, or So, 90 on the 81 900, will pay the
interest and create q sinking fund suffi-
cient to pay off 100000 s per cent. bonds
in 20 years. an equal amount of the
bonds being paid off each year
Leaving the taxes for corporation pur-
poses off and the average in the county
is 81 ,S12 to the $4,000.
Add Railroad tax, 2og to the $4,000
As the duplicate now stands and S202
to the $1,000 of an average in the coun-
ty will pay 100000 and interest on the
same in twenty years, an equal amount
payable each year and all other taxes
Increase the duplicate 100000 value