The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1874-11-27

The total redemption during the year
Is $3l,275.
The total internal improvement bonds
amounts to S47,2l6 ls. During the two
years past Internal Improvement bonds
have been redeemed and interest paid.
ITO the amount Of S485. 400 81, SAB
lS4 70 of il being paid in 1873.
WABASH AND ERIE CANAL.
! The report of the President of the
Board of Trustees shows the following
as the receipts and disbursements from
lsf' to 1874: Total receipts, S4,ss9,-
I3z 05; total disbursements, S4,s47,-
l9S "a; balance on hand Oct. /, 1874,
$42, ,534 81.
PROPERTY EXEMPT FROM TAXATION.
Returns from forty-two counties show
that this class of property, which in
Icludes property of the United States, of
lchurches, of benevolent institutions, fire
engine implements and buildings, edu-
lcational Institutions and some other less
important, is, in these AZ counties, S2o,-
1886, ,i46
INSURANCE.
The gross receipts for fire and life for
the year We're $3,027 1922 %; losses paid
n ,556,S3O 81; taxes paid, S48.6O4 81.
The fire receipts were, $l,5OO.6 .68I oil;
losses paid, $666,590 90; taxes paid,
$26,370 30; for life, the receipts were
81 ,526,544 "a: losses paid, Ses9, 9,2i0 80;
taxes paid, S22,2s4 O8.
RAILROADS.
The miles of railroads OF main track.
n ~ raluo OF QQa Il -
miles, 457 ,5l value, 1859. 356. Rolling
stock value, 9,O67,s Rights of way
without track, 54,8l6. Total miles A.
1858. Total value, 39,740042. The
longest railway in the State is the T., G..
;. 81. J.. aud branches in all four hum
dred and sixteen miles, the value of
which is 4,9O0357, independent of local
assessments the shortest is the" "kingan,'
in Marion county, having 42-l00 of a
mile, valued at $500. The above sum-
mary does not include all Of the taxable
value of property. In the most of the
counties there are lots and lands that are
subject to assessment by the county au-
Ithorities, and consequently not consid-
cred in the assessment as the State
Board. This may be estimated at five
and "a half millions. In l845 there were
80 miles of railway. There are 1884
locomotives and 45,O7l cars of all kinds.
TnE ASSESSMENT LAW.
In 1872 the total taxable property of
the State was 1858, ,367.45f and by the
assessment of 1873. according 10 the re-
turns made TO the State Board of Equal
ization. the value of real estate was
s703. 30 ,523, and the value of personal
property in 1874 is S26l. .95s, ,707. Total,
1866, ,28O.23S. This shows an increase
of taxable values in 1874 over 1873 of
S3l1 ,9l2,799. The above figures show
tisc operation of the new assessment law
in securing the assessment of property
for taxation. Under the present assess
ment the real value has been more near
| ly obtained than ever before. am OF
the opinion that the assessment Of real
property once in two years is too often,
and the enhanced values obtained BY
frequent assessments will hardly offset
the labor ana expense involved. | am
of the opinion that once in five years is
often enough. The Auditor also thinks
there are, in the new law, serious de-
fects in regard TO the assessment of
capital stock. and suggests legislative ac-
ton i'm regard TO the same.
/ The taxable property Of The State is,
in round numbers, $965.OO0,OO0, and
there are 265.oo0 polls. The balance in
the treasury will meet probable expenses
till the first of March, and the January
settlement will add 100000 to the gen
eal fund. The State will receive in
1876 the benefit Of a tax of 10 cents on
the hundred dollars. and go cents on
each poll. The receipts of 1875 are es-
Itimated at Sl,775,OOO. The receipts of
1876 will depend upon the levy to be
made by the General Assembly.
OF Liverpool is experimenting with
u new cure for drunkenness. The plan,
u, Ia. Nj, ElaI..,no fn NH