, 1873-12-08

%DecreA4e.
Under existing laws the railroads pay IN
annual lcenso Of 8 per cont OH gross earnings.
An effort was rnado laat winter to ratso
this to pcr cent, but 1t was resisted md 1ofoat-
Cd as too burdonRome on these corporations.
Tic aggregate amount Of the gross earnings ro-
within this State, for tho year Guiding Dec. 81,
1872, WAS S8, 5g5, ,51B,3G; yielding in revenue to
the State, at 8 per cont, tho amount OF $685.
$685. Tho Secretary, By calculation on three
tho roats aud eqlipmonts; or. q By adding to
tho total indebtedness Of tho roads tho aggro-
gate market or quoted valuo Of their
stoeha s" o. ,, BY taking an an aanf amount n
any other assumed rate, would produce a sum
equal to tue net earnings, shows that, applying
the rate Of 223 per cont, which, by returns from
forty-seyan counties Of the State, is found to bo
tho avorago aggregate rate Of tAxatton for oil
property, railroads should pay much moro than
they do now. Tho total revonuo which would
accrue to the State by averaging tue raaulta Of
the three different oases Of calculation would
DO 81 OILS, ,976.52, which is 1.7o per cont Of the
amount wore annually paid into tho State Trcau-
ury, It would lo moro than sufficient to dotray
all Of the expenses Of tho State Government, in
Guiding the ponal and nil the charitable institu-
tions j" nnd ,nakes tho following suggestion,
which Is commended to tho attention OF Anti
Monopo1ista, Reformors and frendB OF equal
taxation;
It Is, therefore, recommended that law BE- enacted
making 1t tho duty Of the State board Of Assessment
to asscgs annually all railroad property lying within
this 9ate according to tho aa1ua rule that other prop
~ Of sato sa anniy ascarsin IT, rao ' Of ts1atio
paid by other property aud shall levy the same rate
upon tho aascsaed valuation Of railroad property do
the amount OF tho tux 10 determined aha 10 paid Into
tho State Treasury.
STATISTICS OF TAXES.
Under q law Of last winter, statistics have boon
collected OF taxation in tho State for all purposes.
It appears that partial roturnH lRye been re-
eeiyed from all tho eountse8 except from Clark
and Crawford. Tho reports from nine Of tho
countios wero found to bo worry incomplete the
pro1imately acourato. lilo following statement
shows tho purposes for which the taxes were
levied, aud the aggregate amount of each kind
Of tax, for the yenr 1872, the aggregate local
valuation being 1881, III, ,448, aa appears from
auch roturna:
I'arposes. amount n Tar, Per cent.
State ota1.........."...-..s 7sl,774.oo .9a5o
Gsunyy Gsuny ss5oo ts5 1as3SoS as3S35S9 ST. ST
ashea %s 'se a's!lst ~ ~
Itoad district taxes, ..,..,.. 878,759.U0 ,1Gl6
Totals. ........ 81, ,3o5, ,1al,oo a.a2a1
Tho percentage Of taxation shown by tile
aboyo, on local valuation, il 2 cents and Z $40
mills on tho dollar. Tho purposes for which
tho county taxos were levied we're ~ follows:
Support Of ths poor. $lA2,o10
County buidlhga'' a'''."..''....'...'......". !4'.53
Roas aud briiees T93a
saiares OF county oieors. 205, Ds
s Sae' espenses Including :is a::onss
AL other county e1pousas. W8, ,7G0
Total. ...".......s2,1 ~, ais
The town tax Was lowed for tho following
town purpoaoa:
Current or ordinary sxpenaqg, 1857 Q7Q
5Shool purposes. .......................... 3t41a
Iho sapnots o. the poor... bI1.
oot
COUNTY, CITY, AND TOWN DEBTS.
Under law Of 1921 some very Interesting
debtodnoss Of counties. towns, cities, yillugoa.
aud sehool-districts, from all tho counties OK
| copt Olark aud Crawford, which show MI aggre-
gate Of s,9s0, ,oa0, which is 2.8s per cont Of tho
% aid amounting to 5alo iii and slioh @ ne sun
marizod as follows:
aiafonaiu s .%; MrMnn ponas ,n.,.
Intercst unpaid Oh bondh...+..... luo.97o
Auads for oshcs pnrposea. ,2a1
Total bonded dobt............. s5,776.o1o
Debts Of suAuol dlAtricts. .......,..., a7l.2ba
Total l................"........ so,ls4,s5o
railroad aid. :......"........,.. o03, 9s9
;gas ,n,n1st ~ @nnnt5a prtdaea' a''.'.... SgS 5HSIS
otnef paspoats'. ....s+,....:"... haoI49O
:, Total bonded debt. $a,oo!.o7l
Al! othcs debta. do.G3J
Total debit, ......."........ 397l5,67u
VALUE ARD AssE6sMEYT
HoIne intereatnG statiatlca arc COLLECTED from