davidaulloa/AmericanStories huggingface dataset:
National Republican. (Washington City (D.C.)) 1872-1888, 1874-03-16
SAVAGE HARDWARE SALE.

The extensive sale ct auction by Latimef 4
Cleary Of the entire stock Of Hardware, Cutlery
and Notions Of Mr.. Joseph L Savage began ct
Tenth street on Saturday, and will be continued
morning and evening unt1l disposed Of This stock
embreces very large assortment Of fAmily goods
and onsrs great inducements to purchasers. This
morning the wooden willow ware and heavy goods
will be offered. and in the aveniu1 the ahelI aooda
National Republican. (Washington City (D.C.)) 1872-1888, 1874-03-16
Total expended by local government. 2s.2es,ln 9

Expended by General Government
for improvements since 1900
Expended by same for police depart
ment
Expended by same for water depart.
Expended by same for gas depart.
Expended BY same for health depart.
Expended by same for IRE depart.
uGIL
Expended by same for public schools
National Republican. (Washington City (D.C.)) 1872-1888, 1874-03-16
-AKusENENTs.
THE NATIONAL

e. S0S00fu
ment 1t the National this evening, mixing his
ye-eairs a. Lord Dundrsasy IN "Our American
Cousin." Its scarcely necessary to offer any ex-
tended commendation Of this world-renowned
comedian. So FULLY 10 he known ct the capital
and 90 thoroughly 10 he appreciated that the bare
announcement Of his appearance 10 always sum-
Client 70 secure him crowded house every even
Iissl 10 hi. peculiar line Of acting. Hs hss had
eeii.ncs h few !triSins eharssssrs !: ar prefer
so!dnsy devoted Sis lie % tie s.Sor.tion
.nyisois order, and ssased lin 70 secure : very
cs: Ssy. 0 70 ~ so,s spG e:
problem Of NJ: sothsras sIScess q character
a.' g.. S 8. Sns 3. 70 g.. Pablo
imitating, They have hmsntsd over the public
the intellse1pai drama has been len, HE sickiy
plant to exc oat . stinted sxistsnce.
The secret Of The whole matter 10 that there is
s n % nat e,
world, and thui what may b termed the "funny
Sss%: h,. hog5i:hsd s.nplY ese.u.s z relieved
.s!:.,sisp ES% &c AZ sea ols:n S;Assssspipe
Das e sS os ssa; Long a NJ sGsn
public. Peepls AZ ses stsp & ecns,dsI whether
= fSst ~ S, s ~ AZ a. ~ co.t
amusin1 eSarscfss. sn6 M ~. sothern nor.
trays them With he sit II great master. "6ur
HER = usdsriiSsd Tor ths rsnsinine. Two. Both
plsye ass % = pleeed spon the seage IN an unex;
houses q the Nstisoal throughout thu week.
|. a5 TORD,S OPERA HOUSE.
The lowers Of real, rollieking fun are to have .
carnival time provided for them by Manager
Ford this veek. To.nisht the fsmon, Msiilton.
Ravnor famflv ham 4 short engagemant ana
their secsptricitjss VIM prove ~ sue
cessful In drsvins layre audiences and supplying
them Win sstielsetory smusement In Washins.
ton q they ana IN the other iarre cities they have
Grub" 10 story that has become Is familiar as
Ss;: " hs e: =: s.: a. '%:1ssa ssas
hmily produce the story In " isntasticsl, fsrci.
the tastes Of the entire community have been con-
%sdn ms s. e: ~ snss .sa Tas
when ar.t introduced IN the old Black Crook
= Nielo,a They dsnos; sisx psrfS,m the most
artistic manner, but their hat spinning" fssts
are the most wcndrous they perform. Miss Marie
: e -: Z: ' s: ssss, ~
o meis a sqSsy e tnss SwI ssn' present the
The taller Ms3hton thfcws bis legs shout In .
marvellous manner, the suppositico being thatthe
Sones Iust nsvs DsSn tsken 11t long ago 81 eise
srssr courss OF SasS Of liahtnins IN theip move
ments more than anything else With which they
= sinsine, dancing and snsnaEins artists, and
10 an ans.esptioesbie manner there g every pros:
s. provided with one q tie most sstsfsctory and
enjoyable advertisements Of the season.
National Republican. (Washington City (D.C.)) 1872-1888, 1874-03-16

TAKE CARE OF Y0UR VALUABLES
Call and examine the 1re and burglar-proot
Sn"H: VII =. tnS SS,e DspSs CS%Pxny eosner q
keeping Of sseurities jewels, slver.wars or other
valuable4. Rents, from ten 70 aixty dollars Per
Afford 70 do without them.
Tsks wssstss from tie CAtesso sad Bssios fss&
G.NkaAL sHwn rAxEs paid ct 70 cents on the
dollar BY Bramhall, e7 Seventh street, opposite
National Republican. (Washington City (D.C.)) 1872-1888, 1874-03-16
GOVERNMENT SALES.
GoVERNMENT SALE OF CLOTHING.

QrARTERNAsrEl,s OIYIcI,l
CAMP HALLEcK, Feh.H, 1874.
There wnl be sold NJ public auction at this post
At 10 O'clock. a- m. ON MONDAY, March ~ le74,
have been replaced BY the new uniform: Isa Felt
Hat, 7S Rrass NUMBER. $50 Crossed Sabres, go
70 Br.ss Buttons and Slides. IS Leather st4ekGs
SEA yards assorted Lace, n Rsathers, !. 80 Brass
y sa.ssa, iss Pairs ChssIoh, q a.iters q tsEa
Coats, Nusiclans, Uniform yaekets, ~ Pfivates,
Gniform Coata 10 Rfyates' Unffocn Jae1ets.76
Flannel Sack Coats, lined: SIS Flannel Sack Coats,
unined; alsh 1 Condemned Horss; also, con-
Terms Of sale: Cash in United states currency.
The above articles Will be sold In lots to sui: pIrs
chasers. #-ii5
Sale positively on the day specified.
EN-. CAMP.
First Lieutenant, Twelfth Infantry, A. A. Q. NJ,
u. 8. A. ,.-..-. mhl6
National Republican. (Washington City (D.C.)) 1872-1888, 1874-03-16
THE INERICUS CLUB.

A special meeting Of the Americas Yacht Ciut
was held ct their rooms on Saturday evening
Mr.. WIN. Dickson, president, In the chair. Ar
boat during the season, and nine new members
were added 70 the active rolls, and one, Mr. Thos.
Lewis, to the honoIaly list r.9
National Republican. (Washington City (D.C.)) 1872-1888, 1874-03-16

SYwN fAxHs PAID 1t 70 cents on the dollar.
Money 70 loan on District Of Columbia securL
ties BY E.McB. Tmony B. Co, brokers, 6U + street,
under Second National Bank.
National Republican. (Washington City (D.C.)) 1872-1888, 1874-03-16

SxwR fAxEs PAID 1t 70 cents on the dollar
Money to loan on District Of Columbia securities
by Z. Mob. Timony & Co., brokers, e3l + street,
under Second National Bank.
National Republican. (Washington City (D.C.)) 1872-1888, 1874-03-16
TIE FOURTH avn las

THE FOURTH AND LAST SocIABLE
Of this season Will b given By the New York Re.
March 10, 1o7A A this 10 the final IL promises 70
be the best yet given. Tickets can DO had from
members Of the committee.
National Republican. (Washington City (D.C.)) 1872-1888, 1874-03-16
NOT TO TAKE PLACE TO-DAY.

The sales Of valuable real estate advertised BY
John T. Given and O. 8. Hilton, executors, LatL
mer b Cleary, auctioneers, as win be noticed BY
drawn for the present. : 4
National Republican. (Washington City (D.C.)) 1872-1888, 1874-03-16


Total expended by Gov
eminent around pub
lie buildings and on
squares, parks. &C., to
December %, 1884
Total expended on pub
lic grounds, parks.
Capitol and Presi-
dents House, Smith,
sonian 4nd grounds
around tho Depart
ment, as per General
Babcock's report, since
16SA
National Republican. (Washington City (D.C.)) 1872-1888, 1874-03-16
THE cENTRg OF EXCITEMENT

| THE CENTRE OF EXCITEMENT
on the slst instant viii DO in Louisville, at the
distribution Of one million and . half OF dollars
among 1900 ticket-holderl In the Fourth Gin
Concert Public Library Of Kentucky. A quarter
Of million dollars In one prise, hundred thou
sand dollars In another arc some Of the attractive
features Of this truly grand scheme. Tickets may
| be procured for Q short time yet,
National Republican. (Washington City (D.C.)) 1872-1888, 1874-03-16


The nearese approach to pssisetiony IN articles
desiEncdfcr kitchsn ne, - that Of Dooleys Vest
Powder, now @suersiiJ seeognissd ~ The 1ost
econouiicsl and reliable Baking Powder inthe
county. No hoeseksspef shoald b without e.
TO accomplbh tho. sane rssultas IL requires bat
one-half Of tvoltntrds the quantity ths& 10 nseas
MY y - Of othN Saking Howdsss vhtls mt.
foen success IN 0aklng YoIls, bred, biseufts;
pastry, Ae., q guassu1ss1. noconnso4ed seply
g e nsr!ss poolsy : IEssnsr, p.aS I,
wuirs, sisas, sound tsssA, an nay lavs. b
using dntly. TBun9fonb lvcey feefl Teoth Pew
der, PFiSe, = Ard % esnts psf eeetle a. /,
41aAu111dE, soA glossy AAIS All daslyo u an
ny Asve By ssaS (ent ase o. Tnonssou'13s.
Iao1s N Neutrality-suspicious. Vhsn
net solle1. 3ogyYH,s ipodoeo9s I'D Glow Qls1h1f
pss Sels!A AnelN y dsSSGsts 81 6ssy 80
b NMEb NlkACu1u20Rn1AD 0I0unn1 me
rLAs1l1x yheugyg . plaeess y $500, - =
Ssva1lsA 1x1sss - - - Wssaas s1sA 'f9sf- ,
m ois1s Ess1.ss 1ususr - g. =
1heenaeA. An Meerss! 6s0 ~ Sks,S -
ploi11av s1th9 efReo1af z l0g 1872. - -
w. 9 - 4aiI1 0out a1d Rhs1nSkIe III
31Sy - LlS4ed No. = tAe - - cd -
Se14 sS0e1y svst eg6tsf . - tl6lie "a
LAW - uivsJsalq uesd d Es1ooi ~ lbay
KSsf xHAssai ssss st! 49, ssSss. ~ z
a. - ~ ~ 0BuD0l9tA ssh &: .; = ~
National Republican. (Washington City (D.C.)) 1872-1888, 1874-03-16
LOANS NHoorIATKD at reasonable rates
Bramhall l. Co., COZ Seventh street northwest.

lar. Money 70 loan on District Of Columbia
| securities BY E Mob. Timony Co., brokers, esl
| 3 street under Second National Bank.
National Republican. (Washington City (D.C.)) 1872-1888, 1874-03-16

BOOKS FOR LENT READING.
A Rosary for Lent. By author OF Rutledge.
Helps % . Holy Lent. By Bishop HUNTINGTON.
At Jesus Feet. A Prayer, Promise and Poem.
Daily Communlngs with God. By Bishop Leigh
ton. 80 : n
The Call OF Lent, to say s.eto.n .s-s-.ra
Christian Counsels, from Fcnelon and others.
WIN. BALLANTYNE-S,
fell Fr Hs''I --I-rr fS Seventh street.
National Republican. (Washington City (D.C.)) 1872-1888, 1874-03-16
A,eo,5so 70
100000 90
$4,000 90
E2.3lo 90
es,ooo 90
Total expended by Gen. Government elo,s.l s2s q
He then notice, tn. arsuu.n. tina. ~. united

He then notices the argument that the United
the public parks and grounds because they are fol
the Joint benefit Of the citizens and the Govern.
meht. The answer to this is, that these parks are
not dedicated to public use and may be sold Oh
occupied ut any time. But, to leave no room foI
cavil, he has obtained from General Bsbcock Q
tabular statement Of expenditures since 1884 upon
parks and public grounds, which includes all the
work done upon those grounds outside the public
buildings. Prior to 1854 he obtains his facts from
a Senate document containing the report Of the
Commissioner OF Public Buildings and Grounds,
February 2 1885.
The account, reststet for the third time, 10 -
follows:
THIRD STATEMENT ACCOUNT.
Grand total expended by District government for
all purposes q, ceS, III 80
eminent, as shown In second state
ment, for municipal expenses,
National Republican. (Washington City (D.C.)) 1872-1888, 1874-03-16
AWNINGS. =. : =

-sEs50ts.sasaR xxTAE
sgs,. -. ~.
National Republican. (Washington City (D.C.)) 1872-1888, 1874-03-16

ssse.s lzf.CI +shaA
National Republican. (Washington City (D.C.)) 1872-1888, 1874-03-16
1,gTs,31s %
la,425.T7 s.

Grand total Of Government expendi-
lures u, ee9,3e3 70
National Republican. (Washington City (D.C.)) 1872-1888, 1874-03-16

=
Now, Mr.. Chairman, let me endeayor 70 present
20 the House the exact expenditures Of the gen
sral and local government in tho District Of 90
should be shared BY both governmsuts b some
just proportion.
I have obtained from the Treasury Department
statement Of the expenditures Of the General
Goverpment since $500, and Il 10 Of such value In
This discussions that ] shall spread IL st length
before the House and the country. It gives the
amount, a. shown By vouchefs IN the Treasury
Department, expended by Government upon
xtfeeS and avenues in the way Of improvements.
sn1n omit the description Of the purposo for
Mnien me appropriation 70 made remsrking gem
esaly nnat the items covers pavementa, sewers,
eS In the city, on canal and Tiber
This list q Expenditures We omit. The total,
however, n u ,002, 1854
In 16s1 % Congress had an Improvement spasm,
!, md expended in laying . cobbieetone nsvsSenf
on Pennsylyania avenue sl3s.oeO: andr hSvin1
thus secured communication between the Pres2
= dents House and the Capitol rsiapeed into IN
usual Indifference, and for the next thirty vsers
al esnparatfvely nothing.
In - the wooden pavement period began here.
en- q property abutting on Pennsyivsnia svepus
70 pave it with that costly material To this fore
runner Of the new efa for Washington Congress
contributed t321 ,575. The appropriation for $50
fmmediately following this was t2,o5l, 20, and
utrfkingly illustrates the utter lack Of . policy
toward the District or any comprehension Of ito
needs. ~ - or
Then came the new District government and
the Forty second Congress, and with them . re.
generation Of the capital. Since George Wash.
tngton copsecrated the seat Of Government, and
National Republican. (Washington City (D.C.)) 1872-1888, 1874-03-16
AccouSr-sEcoxp STATEMENT.

have thus Mr.. Chairman, gone over about all
the expenses which enter into the local govern
ment, and will again state the account with the
United States, as affected by the items just men
toned: r.- ..- .r#-.. ..s
Expended by old corporations and the new govern
ment for improvements since 1900 ~, 81, 40 70
National Republican. (Washington City (D.C.)) 1872-1888, 1874-03-16
SATURDAY,s HENEFITS,

The tenth grand concert Of the series provided
BY the leading MEMBER Of the Congregational
church ID to b givsa On Wednesday next. The
principal attraction offered II the Oratorio Of ST.
Paul." to be sung by the Philharmonie Society.
Eighty voices arc TO Interpret the exquisite mus1e
participate being Mrs. M6Cartee, Mrs. CaulAeld,
Mr.. Ever and Mr.. Cannon. ~; George Walter
u to be the oegAnist and pr. J.. p. Csulneld the
musical dirsctor. Tickets may be obtained at
Ella, Choato's and 4etserott'6.
National Republican. (Washington City (D.C.)) 1872-1888, 1874-03-16

HOE MOUNT VERNON.
head, having been rebuilt and entirely refstsd by
her present 0wners, will leave her wharf.
FOOT OF SEVENTH STREET,
DAILY SUNDAYS excepted) AT 10 O'CLOCK FOB
MOUNT VERNON,
tngs. ~ = = JAMES SYKES,
febl9 Gen. Supt Steamer Arrow.
Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1874-07-18
Increase Plus inter
Of OF m,

In twenty years, IN this way, we
shall have reduced our debt sic. l64.-
81, and be in a condition to paw to thu
sinking fund thereafter over 81, OO0, 900
annually, without increasing the rae
of taxation.
But We have other expectations of an
increase in taxable property. By 1875.
nearly every railroad IN the State will
be liable to taxation, which Will add
100000 to our taxable property.
though we have included one-half of
this IN our estimates. All the elements
exist in the State also for giving full
development to the manufacturing IN
dustry Of the people. Within the next
decade all the pent up forces will burst
forth, and the erection of manufacture
ing establishments will proceed with a
marvellous Tapidity. Evidences of this
are beginning TO be seen. Without
some unseen calamity, at the present
rate of increase 100000, 900 will be in
vested In manufacturing enterprises
within the next ten years, and the debt
Of the State can be almost extinguish-
ed at the present rate Of taxation. FL
nancially, there are but few States in
more prosperous condition when the
aggregate wealth and undevelOped
resources are considered. The surest
way of diminishing taxation is by
stimulating development and produc-
ton, and this the people of the State
are beginning to do.
Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1874-07-18
KIDNAPPED.
HeaFtleSs Abduction of a Child
Near Philadelphia.
A Ransom of $4,000 Demanded-NO
Clue TO the Identity or whereabouts
Of the BIaekmaiIers

A Ransom of $4,000 Demanded-NO
Clue 10 the Identity or Whereabouts
of the BIaekmaIIers.
| Philadelphia Correspondence OF the New York
Herald.
On July !, as two little boys were play
| ing in Washington lane at Germantown
| TWO men approached them in a carriage
| and invited them out to ride No one say
! the children and the = en- was near at the
time. For several DAYS previous these
same two men had approached the bows in
! different ways, and having, during these
| conversations, given them candies. TOYS.
| etc, the little ones expected them before
| they arrived on the dav mentioned above.
! and 50 readily consented To get into the
| carriage. After having driven for some
distance, the Oldest one of the two little
ones was asked TO get out of the carriage
and buy a few packages Of firecTackeIs.
BOy-likc, he most willingly complied.
No sooner had he disappeared in the store
than the two men dashed the horse and
made away with the little four-year-old,
whose name is
CHARLIE BREWSTER Ross.
and who has never since been seen by those
who knew him.
The father, after searching everywhere in
the neiShbOrhOOd, came To the police
Office, where upon his arrival YOUR cores
pOndent learned the above. The police,
under the direction of Captain Helms,
made the most Scrutinizing search every
where. They continued their operations
Increasingly day and night, and were de-
temined TO leave no stone unturned that
would restore the lost one and punish its
prosecutors. All in vain. They labored
10 no purpose for three days and for three
nights. There was no clew. After this
the following advertisement appeared in all
the newspapers
cam REWARD Will BE PAID TO
CDOU the person returning 20 No North |
SIAI II street A SMALL Boy, four wears Old
having long, curly, naXen hair hazel ewes,
clear, light skin and round tace. 1884
brown linen suit with short skirt broad brinmeJ
straw hat and laced shoes. The child was iost |
from Germantown on Wednesday afternoon |
list inSt.), between four and tive O'clock.
This advertisements, too. met with no
response, and on Monday, July 6. another
was inserted in the Public Led0cr. The |
next morning, in the personal column, Of |
this same journal, appeared the following:
D OSS-wE BE READY To NEGOTIATE
On the same day the father. Mr.. Ross
au Anonymous letter through the
pOsloihce. in which il Was stated that little
Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1874-07-18

SS1IugesEE Roe, Thomas Hardy, 7 j HU
HierkS-Sam Buchanan, j w @ B1rneff
kecelVer-.IOserh A Dl.,,,,;, Ut
Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1874-07-18
COUNTRY PRODUCE

There was no change or new feature in
produce to-day. The market was very
quiet at the following rates:
PEANUTs-From wagon, 81 GOAL. 25 per
buShel. r
DRIED FRUIT-Apples and quarter
peaches, none in market.
GABBAGE-Northern per Dbl, $500.
IoTAToEs-New, from wagon. S4.5O6
800 per biol.
FEATHERs-Stricly choice, 4564Sc.
BEESwAX-Choice, 2G627c.
RAGs-Well assorted, 2Id2,e.
GINsENG-New crop, 81. 2O6I. %
WoOL-Unwashed 2343Oc. washed 95I
642c. Bury 56lOc less,
BROOM CORN Prime to choice. 547c.
BUTTER-COuntry, from wagon, ism
25e; from store, 2S632c.
GHIcKEYs-12kG25c for young.
EGGS-From WAGON So no. do..o,,. II,
store, 10HI2c.
TALLOw-Choice, &c,
Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1874-07-18
WHERE WE STAND.
The Relative Rank of Tennessee.
Our Debt, Taxes and Resources
Compared with Other
States.

We transcribe the following compar
isOn of the wealth and the burdens o.
Tennessee, with those of other States
from a chapter of the forthcoming Re.
port of the Bureau of Agriculture, en-.
titled "A Word to Immigrants" II
shows that we are not worse off than
most of our neighbors, and in better
condition IN every respect than the
majority. 1t shows also that the peo-
pie Of all the States should make coln-
mon cause TO cast off the incubus of
Radical legislation:
As compared with other States and
Territories, we find Tennessee to stand
in area, twenty-frst; in population,
ninth; in number Of inhabitants 70 the
square mile, seventeenth, though If the
true number of square miles were
given, it would be the fifteenth; in land
IN farms, seventh; in improved lands.
tenth; IN farm productions, ninth: in
wheat raised, thirteenth; in Indian
corn, seventh; IN tobacco, third; in cot
ton, eighth; N wool, fourteenth; in the
the value of live stock, ninth; In num-
Der of horses, twelfth; In mules and
asses, second; IN mich cows, twelfth;
In work oxen, fifth; other cattle,
twelfth; in swine, fifth; in animals
slaughtered, ninth; in home manufac-
lures, fifth.
Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1874-07-18
A Standard Article Ex.-xwhar.

1t Is a long way from the Atlantic 10 the Pa.
eihe, AMI from Maine to the GuIrof Mexico, but
IN all the vast area lying within those bounda-
ries there Is not city, town, village, settle
ment or camp where HOstetter's Stomach Bit
ters Is not well known and in great demand. IT
Is the great household medicine Of the Ameri-
can people, and is taken everywhere a. a safe
guard against epidemics and endemics- a. n ,a,n-
ely Tor dyspepsia, b liOusneSs and irregularities
OF the bowels. as a cure for chills AMI fever and
rheumatic ailments. As sedattve in nervous
SaSeS' a. wholesome eNhilarant in hypOchOn-
IRA and as general invigOrant and restorative
10 the weak and dropping il imparts strength
and vitality, bracing the relaxed nerves and
rOusing all the latent energies OF the system. For
twenty years u has been the standard tonic and
corrective Of the western world.
jy "a deOdlw6WIt
Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1874-07-18
FLOUR, GRAIN AND HAY.

We heard of receipts of 1000 bushels Of
new wheat. Offerings were reported freer.
There was a sale of 500 bushels of choice
at Sl.15. The market for both wheat and
flour was firm and steady.
FLoUR-Superfne, S4OOa425; Xxx
S475d5.O0; Xxx S5.5O65. Is: choice
family S6.25d6.5O; fancy, S7.OO6125.
CORN MEAL-Unbolted and bolted,
sacked in depot, 9Od95c.
CoRS-Loose, s0dSJc; sacked and in
depot, 90695c.
MHEAT-Irlme red to strictly choice
white, Sl.OOdl.l5 per bushel.
OATs-Sacked aud delivered in depot,
67a670c.
,BEAN-Loose, $1,000; sacked in depot,
HAY-Hungarian, S17.OO21S. 90: clover,
do; timothy, SZ2.OOG2 90.
Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1874-07-18

&c, amounting tonearly 81, 0o0, 900. Nov
the lowest estimated true value of prop
erty in the State is 100000, 900. Il
will probably reach $500, 100000. The
products OF the farm, the forest, mar.
| ket garden, and home manufacture
amount to S106, 100000 annually; to
say nothing of the value of live stock,
So, 900, 900, and the value of manufae-
| tered products, over S34, 100000. Be-
sides, but few of the counties are in
debt. Local taxation is light. Many
of the counties have surplus in their
treasures. And when it is considered
what Tennessee may become, with en-
terpIise and well directed energy. its
debt appears but an uncomfortable
sun, which may be paid by the
gradual increase of wealth.
without incOnvience to its
citizens. The taxes on merchants and
on privileges are estimated to be suffi-
Gent to pay the expenses Of the State
Government. The rate of taxation,
which will, at present, pay current ex-
penses and interest, will, at the average
rate Of increase In taxable property,
absorb the principal in few years.
The true value Of property In the State
IN 1850 was S201 ,246, $50; in 1860.
S494, 9O3, 1872; In 1870, S498, 237, 724. In
the decade between 1850 and 1860, the
value of property increased AS per
cent. In the succeeding decade it did
not increase quite one per cent, though
this was owing to the destruction of
property by the war. 1t is estimated
that at least S200,00O,0OO, including
slaves, were lost to the property-hold- |
ers of the State between 1860 and 1870. |
But fer that calamity, S700,OO0.0O |
would have been the true estimate in 1870 |
or about fOrsy-twO per cent. increase. !
the same rate of increase
TO have obtained since 1870, and we /
ought to have S600,OO0,000 in 1875,
500, OO0, 900 in 1880, and nearly $1,000.
100000 in 1890. In sixteen years from
he present time, We should collect
bubble the amount of taxes, at the same
ate of taxation and the same relative
sessed value of property as in 1870.
ID put 1t IN different way: If the
lcrease In the value of property be
our per cent. annually, the increase in
he amount collected at the same rate
ught to be four per cent. if the ratio
etween the true and assessed value is
1t the revenue derived from taxation {
n property In 1876 should be enough ]
D pay the interest on the State debt,
e can set aside as a sinking fund the
per centage of the present
evenue derived from property.