Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-01-03
0IiI0.
GrOaning under Half the Debt of
Tennessee.
Facts and Figures for Legislators.

Facts and Figures for Legislators,
COLUMBUS, O, Jan. 2.-The General
Assem- ly met to-day at 2 P. NJ. Gov. NOyes
Transmitted bis annual message to the As
semb this evening. 1t shows the follow
ing f,cts, figures and recommendations:
The outstanding public debt Of Ohio on
Nov. ,, 1872, was SS,5o3,OOO. The
local f.. iebtedless Of the State tn first day
of SeP. smher, 1872. was as follows: Net
debt If counties, 8, 756, ,436; net debt of
towns. ips, including debts created by boards
Of educ tiJD other than for separate school
dis'ric Si4T,23S 10; net debt Of
cities the Fl st aud second class Sll, 49,,
59l o. net debt Of incorporated villages
SJ.6J-9.63: net debt Of school districts
snsci Sl,274 7z3.I7. Total ST., 1880, ,547.97.
The amount Of REIN mbursable debt, State aud
local, therefore is S26,l74, ,O9+34, to which
add ag iTreduCibe debt Of S4,0Z3, ,4T5 O3,
al we have the aggregate debts Of the
Stgr, ~ so. l97, ,56g.3I.
70 g local Indebtedness above set forth
isr3L. = lded for debts created in aid ofTail-
IoaI Enterprises under what is known as
The 3 rsel law up to Jan. l, 1873, not less
taau 100000 more,
TIE receipts for The fiscal year ending
Nov. - were Si,75T,797. The disburse-
uelts were SJ,UJS, ,435. The Auditor of
the ..e estimates The receipts for the cur
re.t y ar from all sources at s., ,0j3, ,133. 20,
and tre disbUrsa ameuts at 81, ,436,066 %,
leavir an estimated deficit Nov l, 1873, OF
$685. s7.4A The taxes levied in 1871, col
lec5ab in 1872, were: State taxes S4,350,-
T2S.Zs. county AMI local SIS. .604, $50 Il; de-
Iuqu, cics and forfeiures $632, ,2T5. "a
Total 81, ,5S7. .G6424. The taxes levied in
1872 ilectsble in 1873 were: State taxes
81 Al .J57 %; county and local SlS,S34,-
1921, dtliGquencas and forfeitUres SOL
O92.23; total So, $50 97l.97.
Il relation 10 local Indebtedness, the
G8ver. or says: This evil continues and
grow upon rs, anI is not likely TO be di-
minis ID until q remedy shall be found in
pssti p-OhiOitOry legal enactments or in
cons ItiOnal provisions Absolutely forbid
ding cal public debts"
Du Jog the year charters have been grant
ed fsr the construction Of four thousand
miles more Of railroads. The Governor
saws r. ilrOads should be built when our
adva ages to be derived therefrOm over
blla c.s their cost. But caution may be
necss ~ lest some cities, towns and villa
ges burden themselves with Cebts for
wl.C. mere viii be no adequate return.
A rec nmsndation is made for an appro-
priatiaa to allow the thorough examination
Of all abroad bridges 10 the IS ate. He
recon- leads The passage OF a law which
saali mpel cgntr5c.JTs on public works to
live r.a 10 their contracts, and that when q
c. TOR fails 70 use reasonable diligence
- work snail be done by the trustees
o- nc works, and any excess of cost
us.. LID eslmsts be charged TO the original
oJ ..r.ev.
la. al changes are also recommended in
the co stractiou Of the cells of the Ohio
p5a.ta 4laTy, SO Ns 10 give the cOnviCts more
gosu l3 better air.
..e. i've to criminal law, a suggestion is
la ,e lly The Law he So changed as to pro-
W. It jur!es shall fix the grades OF
cs-a ruasipg more grades than exist at
pI and that lesser discretion be left
WI. , courts IS 60 sentence.
Az lion is called to the prourietv of so
an. rg the laws relative to the listing
Of pr -tY for tax XatiOn as TO provide that
mere sI. and manufacturers be taxed on
sales her than upon monthly average OF
al n aaliise owned and held by them.
Unde he present laws private bankers
can d - large business and by a little man
aging ..y pay taxes on Office furniture.