Fayetteville observer. [volume] (Fayetteville, Tenn.) 1850-1966, 1873-02-27
From Nashville.
For the Fayetteville Observer.
NASHVILLE, Feb. %, 1873.

State capitol. but it has been de-
layed with the hope that | might
have something definite to write
IN regard to the action of the Leg
islature on the great questions of
finance and taXation.
The members of that body have
taken hold of the funding ques-
ton and the payment of the in
terest of the public debt, with a
great deal OF caution and tender
ness. It's understood that the debt
for which the State is liable and the
accumulated interest will amount
when summed up, to about thir-
lty millions, and to pay the inter.
lest on that amount will require a
tax Of 60 cts. on the one hundred
dollars worth of property, at the
present valuation of taxable prop
erty. A favorite theory with the
Governor and many others, is to
amend the assessment laws so as
to get more uniform assessment,
and the theory is that the value
of taxable property will be great
.ly increased, and then that the
same rate Of taxation will accom-
! plish all that is desired.
] see no difference, however, be-
tween increasing the rate Of tax
alton, the assessment remaining
the same, and advancing the as
sessments, the rate of taxation
remaining the same. The result
is the same. Tie man who pays
20 cents on property valued at
5000 dollars, is taxed as heavily
as the man who pays 40 cts. on
the same property valued at l 200
dollars. The members Of the
Legislature from your Senatorial
district, consisting of Messrs. Till
man, Noblett, Wilson and Moore
of Franklin and Orr of Marshall
compare favorably with the repre-
sentation from any other district
i'm the State.
Nashville may not be growing
fast in population, but it has as
good hotels as any city in the
South and there are several large
manufacturing establishments
The Maxwell House is crowded
all the time and is city within IL
self. There is scarcely an evening
when a quorum Of the Legisla-
ture might not be found in lis
halls and parlors-much of the
Legislative committee work is
done in the rooms aud parlors Of
the hotel.
DIXIE OIL WORKS.
The establishment known as
| the Dixie Oil Works is a curiosity
and demonstrates how everything
has its uses. Cotton seed is
shipped to the proprietors from
different portions of the country
and stored away in its immense
buildings. The first process in
making oil of cotton seed is The
running of the seed through gin,
something like the ordinary cot.
ton gin. The amount OF 'seed
used per day yields about one bale
of low cotton worth in the mar
ket about 20 or % dollars. The
seed is then run through a hull
Ter and the hull thus taken off is
used--for what ?-why to keep up
the fire which runs the engine that
drives all The machinery-gin,
huller, press and mill. The kerr
mel Of the seed is now heated and
the oil pressed cut by means of q
press, worked by the engine, which
as / have stated is driven by heat
from a fire kept up by the hull of
the seed.
After the oil is out there is left
a kernel cake, about one inch
thick and is or 20 long by 6 or s
wide. This is used for COW feed,
and sold for $40 per ton. When
this cake is to be shipped, ard it
is sometimes shipped to Europe,
it is ground up and put in bags.
The oil is not purified and refined