The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1874-08-12
,r,om the stanton SPECTATOR
a...srnsvtou 10 Taxpayers.

rwo ,h;nas are, by common consent, se'
-, w 40 ,.,rtnin to come-- death and saHes
Thn Bible teaches us how TO pirpale .oa
.,a fir t;rs, 7 will suggest a mode OF getting
ready for the last. .nd
Eyerv man knows he must pay taxes, a" "
DO c.n generally form pretty fa'r gues s,;. q,
ne Nm h.t ,bpv viii, be. The trouble WIZ"
,,ost peoplc il how to pay them. hoo ;,
., ma take the ca &c Of man VINO paS w
,,.r AGO annually. 1t sometimes it!"M.,
,,re,,v hard scratching TO raise luis "N''N
when it falls due. 49,, Sc rho host means
,f masing payment, and give the result u
my reflections. ,-ors IN State bonds
rcre;yablc in payment OF STATE taAes'
We know. faftber, that these ponas, winch
,ear six per cent. interest, are no" se'''l's
Tor one.half their face value, or M? Genus on
'D Tive man. therefore, who will invest sou
in the purchase Of State bonds can puy J.,
tho amount of $1,000 Of bonds which WIZ
,ield an annual interest OF s6o, or IL PEI
cent. on the cost. oar
The coupons Tor this interest will be ready
every year to meet taxes, and thus tue pu,,
chaser Will by the outlay OF SOU nave n'au.
n permanent provision for payment y, "
his taxes; or in other words, lot Sooo ne
will tu, an exemption from future 'aA"''on'
unless the tax should be increased
II every taxpayer Wouin pursue I ~
course. he would save himself great oeai VI
trou,le and make a>proiitable Investment,
ricIdinp twelve per cent. on the outlay.
If this policy were adopted generally, IL
would be of great benefit TO the state, ny
concentrating tie Debt Of the State IN the
hands OF our own people. and saving large
annual drain of money from the State 10 pay
foreign bondholdcrs.
What investment can farmer make tllat
will be either safer or more profitable! lac
acts twelve per cent. on the prlce he pays
for the toud-, aud the coupons are equai 10
a receip' for his taxes.
II seem, TO me that every farmer ought TO
sell lew acres of his land Gf he can raise
the money in no other way to buy bonds TO
an amount sufficient TO pay bis taxes. lie
should lav these bonds aside until bis taxes
become due, and then cut off his taxes ana
hand them 10 the collector, in full discharge
of his taX"s. The holder Of such bond
has. in effect, bought an exemption OF h's
land FROM future taxation. This will make
him feel comfortable Ii he should want to
sell his lard. be could sell the bond with the
land, and thus sell the land free of taxes.
Purcf!as crs would be very much pleased to
bug a tract OF land that was, In effect, Tree
from taxes.
/ advise everybody to try this plan. Ii
NAV be a little troublesome TO raise the mo-
ney at first, but it will pay in the end. 1t is
a pleasant thing to know that you are pre-
pared, in advance. to meet the tax.co'ector
instead Of being harassed to death every fa
to scrape up money enough to pay his de-
mands. repeat-try it! mean to do so
If you loon out $500 you will get $50 pei
annum towards paying your taxes; If yot
buy bonds at fifty cents on the dollar you vii
get $50 per annum with which TO meet your
taxes. Is it not better, therefore, to buy
bonds than to loan your money?
ECONOMY.