The Hickman courier. [volume] (Hickman, Ky.) 1859-current, 1873-01-18
covernor Lr.lte,s veto Of

! sent In MS Ncto u A"C az 49, -
above. After giving The rrincipa
features of the act, the Governor say
By an examination OF the ac' 10 III
corporate The 'ilisSi-sippi River Lose,
Company it viii be rvund th~f -.
eonpany i, not ouiy clothed ai.u ia
power of erecting levees ga abe laus-
Of the Mississippi river. but a.-a. 90.
constructing - railroad upuu ;hs .ey-e-
80 erected. IL Will be iouE1 -hui ,hr
company has been Invested hy tie ac
Incorporating it with very large and
extensive powers. aud further, that
is an iucoi poraIion ui a private nature
aud for private purposes, a. any other
raiIroad company The bill under
consideration proposes TO donate t.
that company. for the benefit of It's
stock huIder-, the revenue OF the State
for period al fifteen years upon the
ephabced value OF all the taxlble
property lying within the district de
>iyna;ed no matter from wha, causes
such ephanced value may have arisen
La fact the language employed IN
the bill Is broad enough TO Include
every species ot taxable property with
in the district, whether real ur person
al. although. from it, general tenor.
um ipciiued Ia the opinion that real
estate was only intsuded 10 be effected
hy The provisions OF the bill Ii seems
shat the State Is not oDiy required 70
reliuqnlsh 10 private cOtP"ra'Iun II
revenues upon TIE increased yaiue ct
ali taxab.e property situated ia the dis
trct bur in addition 10 that. II 10 bound
10 Incur al the expenses OF the opeT-
alton. The taxes are proposed 10 he
ASSESSED aud Collected through and 10y
Stats machiuery ai0ue, an al The *
prnse I'll the State. New duiie- are
imposed upon the Auditor OF Public
Accounts, aud >peciat buards aud asen
cles are, a. to the county OF Futon.
introduced intu the revenue y stem.
which must necessarily Nad 10 c0ntu-
sion
The right Of the Legislature 10 i'm
pose tax ON private property to build
or OF private corporations, can ,carre
y BE- conceded. Ii Is against the pr
a, il not the letter, OF the ConsfIfu
lion l Is no less UNI in Practice
you'd be -l.ch 40 srbiTrary exercise of
power as IL Incur the eeu>uie OF ali
ahe have proper gard tor the rights
81 the people, or a proper conception
oil the legitimate pOHeis vi tue gov
erDment.
The extraordinary power is given 10
he company by the Ii n section OF the
act by snIcn II vas Iuco, porated. 10
,svy aud collect, OF its own motion. d
tux upon The lIuds aud Town lut- 10
the district subject to over flow aud II
Is nov seeking - this bill to appr1
pirate the revenues ui The Stale upon
,he Increased va ne of the same prop
erty to the ben, b of is stock holders
The power VI coe, eng irvu the peO
pie money by GsxasIon II nece>-ari y
one Vf great d-,icacy. aui -hau br
exercised with 4 psU,Jar degree ~ pm
deuce aud eau Ign IL = dauotu-
whether II oushr 10 De rsa3tf-l 81, bt
the State AT al cxeepi % race 9nd-
~ thcIeut 10 eos9te tGe z1vevuusent E.
eouduct ,fii:ientiy tie aamIai-tfltion
OF pubic an an, Ihe bit uo1r, con
sideratIon, il seeIn- - ~. l., ,i.,t ual,
anomalous III il, provisions. but il T.
unjust towards Uiher sections OF the
State. Ii the character of legiSia. iub
which il proposes to inaugurate shall
become general. or even irrqIent. the
effect would necessarily be greatly fu
embarrs-s the Treasury Of the State
it not 6naIiy to bankrupt it. aud thus
Grippe the operations Of the govern
Inent
Thetz 10 sustain a com,nou treas
nry should not ooiy be uniform bui
sqlaI 30 -eciion ought to claim TX
,Bption FROM the duty of contributing
IT. proportion. according to the value
nf lis taxable properly. tn The common
fund necessary to carry on The al 'ir~
Of government. and whilst admi'
that he L-eisia. has heretofore, u
matter of charity. or tn promote ed
ucaiiou, which sre of a general urtHre.
exempted certain property from taxa
ton. and whilst | am nor inclined o
eriiicise such Legislation. am prepar
el to say that The policy Of rr1psser
ring the revenues arising from large
districts of country from the Treasury
10 private corporation Is wholly nn
supported by precedent. and is in con-
fict wi'h every principle Of justice aud
equality.
And section forty Of the same article
declares The general assembly shal!
have no power to pass any act or reso
luton for the appropriation OF any
money. or the creation OF any debt
exceeding the sum of one hundred dol
lars. at any one time. unless he same
on its 6nai passage. shall be voted for
by majority of all the members then
elected To each brunch OF the General
Assembly. aud the yeas and nay
thereon entered on the Journal The
bill under consideration i substanfi
ally an appropriation of money. aud
although the amount does nor appear
aud cannot from the nature of the sub
l-ct be asceriaiued until the properly
shall have been assessed aud then only
for the year the assessin- ntS has been
made. yet it may be assumed with al
most absolute certainty thit it will in
each year amount TO more than one
hundred dollars. and at the close of the
period of fifteen years would aggregate
quite a large sum of money The
j Journals OF the House eft Represents
lives do not chow by what majority
this bill was passed. nor that the yea
and nays were entered upon it, pas>age.
II follows. therefore. that the bill RaS
mt pissed in conformity with the re-
agreements OF the forfieth section OF
the second article Of the Constitution
Furthermore, by the ir~t section of
sr,iele ose Of chapter eighty six of
Revised Statutes. il is enacted, that
auDua. tax OF sesssteen cents upon
cash eos hosred dollars Of salus of