Whig and tribune. [volume] (Jackson, Tenn.) 1870-1877, 1873-02-01

erage value, per acre, is So 20. The
value of the land in acres, is, $685.
019, 767; the value of town lots is
81, 589, 237; and the value of other
taxables is 3,O51 ,O51; the decrease
in the valuation of taxable proper
ty in Middle Tennessee, is S., 4O6,-
or; and the decrease in taxation is
S277, 1S7 SO, and the increase of tax
alton is $3.50 70. The total de-
crease of taxation in Middle Ten
Ressee is $273,756 81.
In West Tennessee the number of
acres Of land is set down at $685.
622; the total value of which is S59,-
020,54 90; and the average value of
the land in acres is $4,000 48; the
value of the town lots is $50, 507, 292;
and the value of other taxables is
S., 1891, 705. The total value of taxa
BILE property, Of all kinds, is $97,-
919,545. The total increase in West
Tennessee is $679, 622. The decreas
in taxation is $2O2, 46l IS, and the
increase in taxation is $40, 7O1 80.
The decrease in the value of prop
erty in East Tennessee is s., 294,-
500 20. The decrease in the value
Of property in Middle Tennessee is
Sc, 1918 90, and the decrease in
value of property in West Tennes-
see is So, 154, 1854 0O-making a grand
total decrease in the State of $12.-
81, s47 90.
The increase in value OF property
in East Tennessee is S1,7OO,172 90.
The increase iii the value of the
property IN Middle Tennessee is 81, :
SIC, 24O 90; and the increase in the
value of property in West Tennes-
see is 1884, 756 90; and the total de-
crease, over the increase in the
whole State, is SIS, 500, COS 90.
The decrease in the taxation in
East Tennessee, is $I11,759 20. The
decrease of taxation in Middle Ten
nessee is $277,1S7 IS; and the de-
crease of taxation in West Tennes-
see, is $500, 46l 5s.
There is no increase of taxation
in East Tennessee. The increased
taxation in Middle Tennessee is S.
430 70; and the increased taxation
in West Tennessee is $40, 7OI 3D.
Showing the decrease in the whole
State to be 1891, 40S II; and the in
crease in the entire State to be $14.-
1872 81. The value of the land in
East Tennessee, in acres, is $41, 142.-
O64 90. Value of land in Middle
Tennessee is $S5, O19,767 90. Value
of the land in West Tennessee is
S59, 02O,54S 90. The total value of
the land of the State is $135, is, s79.
Value of town lots in East Tennes-
see is IS, S47, Az 90. Value of town
lots in Middle Tennessee is So, 5s9,-
2S9 90. Value of town lots in West
Tennessee is $50, 5O7, 1872 90. The
total value of the town lots in the
State is 81 ,444, OOS 90. The value
of other taxables in East Tennessee
is 81, sos, 209 90. The value of other
taxables in Middle Tennessee is
S13,051 ,051 90; and the value of 9TH
er taxableS in West Tennessee is
IS, 1871, 7O5 90, making a grand total
of other taxables, besides lands and
town lots, in the State, SEE, O47, 900.
And the total taxable property of
the State, of all descriptions, foots
up S272, 6zj 1872 90.
The total number of acres of land
in the State is p, 722, 46s, and the
average value of the land in the
State, per acre, is 81 IS.
The Comp troller, in his remarks
says; l am glad TO say that the pub
lie burdens will hereafter be consid-
erably relieved. The sale of the
delinquent railroads has diminish
ed our debt to a point perfectly
manageable, with wise legislation;
and it will not be long. trust, be
fore long our bonds will command
and continue to command their par
value in the money markets of our
great commercial centres.
He further saws that the entire debt
of the State is about $50, 900, $50 70.
lie recommends that the entire
outstanding debt OF the State inclu-
ding unpaid coupons, warrants on
the Treasury, the old issue of the
Bank Of Tennessee, and, in short,
all debts, except those preferred by
law, be funded into one uniform
series of bonds, having thirty years
to run, with scmi-aunual interest
coupons attached, bearing interest
at the rate of six per cent. per an
mum. He thinks there are several
valid reasons why the entire in
debtedness should be evidenced by
a uniform series OF obligations. lie
says we have now in circulation
more than a dozen series of State
Bonds, issued at different times and
for specific purposes. Confusion is
thus brought about, and the free
circulation of bonds materially in
terrered with, and their market
value materially impaired. Such a
system, particularly, IL a law is
passed requiring the registration of
bonds in the Office OF Secretary of