Knoxville weekly chronicle. [volume] (Knoxville, Tenn.) 1870-1875, 1875-02-24

utes, in which case he might have
hoped to have effected Judgment
win some of them, in the minds of
his hearers. When he began his
speech yesterday one of the reporters
sitting at the table assigned members
OF the press, remarked: He's good
for an hour, at least.n
THE STATE REVENUE
And how it shall be collected are sub
jects of paramount importance, and
several elaborate assessment bills have
been introduced to-day. One was in
troduced in the Senate by Overton,
which provides that assessments on
real estate are to be made every five
years, and on personal property yearly.
Provision Is made for an assessor of
real estate and AN assessor of personal
property by the county court. The bill
eXempts all notes, due bills, and other
evidences of debt for the payment of
which real estate is pledged, where the
real estate il assessed for taxation, and
makes other exemptions not contained
in the present law. 1t requires merch-
ants to report to the Clerk of the Coun-
ty Court the commission or other COM
pensation earned by them every three
months, and, in lieu of all other priv
ilege taxes, must pay one-half of one
per cent. to the State, and one per cent.
to the county, on the amount so earn
ed. Where merchants stock of goods
does not exceed thousand dollars, he
must pay $40, one-third to the State
and two-thirds to the county. Taxes
are to be paid on the average value of
stocks on hand, instead of the highest,
and is now required.
COUNTY WAREHOUSES;
Will certainly be established in Ten
nessee within the next two years, if
legislation in that direction can accom-
plish that purpose. Several bills on
the subject have been introduced, two
OF which-one drafted by Logan, of
the Senate, and the other by Gibson,
of the House-seem to be carefully
drawn, and one of the two will GER
talnly become the law, to- the decided
advantage of the honest law abiding
citizens of the State.
THE MINERAL HOME RAILROAD.
Senator Turley introduced a bill to-
day for the distribution of the funds
collected, and to be collected, from the
indemnity from the sale OF the min
eral Home Railroad Bonds.n
This bill provides for the distribu.
tion OF the funds collected by the auth
oritySf the State, and to be collected,
and shall be distributed through the
courts of the State, ~ provided for in
the Act of February LIST, 1873 and de-
Hgnates the Chancery Court at Nash
vile, empowering the judgsS of said
court to hear and determine the rights
of individuals Tor State) to the funds
collected, with the right of appeal as
in other civil suite.
This bill follows a bill introduced
the first week of the session, by Sena-
tor Turley, which passed its third read
ing yesterday, asking for court of
proper jurisdiction to settle the rights
OF individuals holding those unfortun-
ate bonds.
The legality or illegalty, touching
the issuance and reputation of these
bonds, may be questions that will come
before the court.
FROST BITTEN CONvICTS
Were subject of legislation last Mon
day, "A resolution being offered by Sem
ator Wilson directing the Penitentiary
Committee TO Inquire into the truth or
falsity I certain rumors to the effect
that couvicts had been badly frost=bit-
ten while at work on railroads, in con-
sequence of being insufliciently clad.
In offering. the resolution, Wilson
stated that he had been out to the pen
itentiary himself the day before; that
he had seen the convicts referred to,
and that they had been seriously iniur-
ed by cold aud exposure. The resolution
was adopted, enll ,S,ed and transmit
tel at once To he iluuse, where ii was
concurred IN hmm diately, and there
tn" matter rests. A portion of the
Prnllentiary Committee started on an
Investigating tour to Knoxville, Sc
l'ire Mines, aud other points in East
'"unessee that night, and have not
returned. Possibly the proposed
Investigation will take place this
week. Let us hope so.
NEXT MONDAY
There will be no session of the Leg
islature, both Houses having adjourn
ed over to accept an invitation extend
ed to the members by the city au-
thOrlties, to join in Il celebration of
Y -, Ii.