The Republican journal., 1875-01-14

ba!ance now paid into the treasury fails TO meet
t6e payments by the State for the printing Of
the department | recommend, therefore, that
'hese fees be moderately increased.
EQUALIzING BURDENS OF TAXATION.
While it is Incumbent or leais ,ators to re-
| stllcl me State expenditures with the narrGW-
| eSG ,:hitS consistent wita due regard 10 the
pubtlc welfare. it is at The sama lime their duty
taxation growing out of the war for national
| existence, as 70 avoid making the burden tall
IN Undue degree on those Cilploymcnts and pr0-
uhctlVe industries on which the prosperity Of
ise state so largely depends. Without such a
radical inlornNitcn As will load ri mcu 10 be
honest and truthful in rendering the statements
q ther property, it is Of course Impossible to
deFise any system Of taxation which will be
absolutely equal; as capital which is represent
ca pv stocks. bonds, loans and currency cannot
be reached by the assessor as readily as that iu-
| vested III farms, houses, stores, mills, work
| shops, ships, and other visible property At
IN {he same time, this liability to inequality should
De corrected so far as it is possible. So far as
capital Is invested directly or indirectly In bank
| ing, railroad, telegraph, express and insurance
| business, 1t may be and should be reached. The
lnst legislature inaugurated steps In the right
| direction with reference to q part of these In
| terests. earnestly hope thai YOU will continue
10 press forward measures looking to such y
! system OF taxation as will tend to equalize the
pupnc burdens. In my Judgment, it is possible
| certainly so with an amendment Of the State
| constitutlon-to ultimately provide for all eX-
| pendtures for State purposes by just tax on
| national and savings banks, railroad, insurance,
Tel graph, and express companies, wild lands,
| and a few other interests, without assessing
| single dollar on the several towns and cities
| REVENUE FOR THE PRESENT YEAR
| Under th" practice which has always pr1,-
| vailed i'll t1e Treasury Department, of distri-
| bI5 my 3tate luii's III lhoaerate sums IN
,,;tLt I a.. con ehieii! Poihls ia tie olate,
, ~ .h oi 5tiiS ~ teVeN ing any Sth1li@ ioI tile
n'II II s,e; tie o5ate mas received Only The
ybaro 1at - &c .i ~ GU ION "tPosts III boston
has hoan, "a 'io lnteItss On INC olate depe
hi.no r. p,iu IL eee no ieaSoh a "hy lhe CASH
@ 90 20 nno ~ 'g nali's ol tt lItaSNteri aVelag-
banks as are willing to pay u moderate interest
| islation to tbis end "'-N' ''O''i''''eiiu ies-
| Under existing Iayvs the tov ON sb.rns In vs
| tional Banks owned ont of ths SfIte zoos 10
| the municipalitps whern the hunk uY,. i7cotoJ
! There seems TO he eminent nronrietv H. hnt,i,.
| the tax on such nonresident .;iaras on infn th
| State Treasury for the benefit Of nil fhe nennIa
of the State as is tl,c ease in MnSsnchusefts ma
| Rhode Island: nnd recommend IariSlYtio, to
| this end should the Ieoi4nfnre t}jn if rDna,
dient TO imuose q tu,. ON t,n reoeirts ~ n1,,Ir
companies ana on fhn nronrrtr If tsiatrr.nI
| companies additional Statn rryarnn cn,7Id 6a
derived from these sources Ir may hi raoso,
ably eynrrted INT tho ra,an,,c J5ri,-.3 So
| these sources onI rom e,,,-;,,,rs pnnIls IN
| public lands tIurinu tba orrrar1 ,a., zriII h
equivalent to the a,no,lnt fb1f will H., raoIl;rad
to meet the ordinary current state Expenditures
| +ox.tion n r,,,n al,,,;,.'i1 n fA' ~ Aot ~
| on account of the public debt end tnr r1II,io ma
| Free High school purposcs-About two mills ON
| the dollar of the State valuation for schools,
| and similar assessment on account of the nnh
| lie debt in ease it shall be decided To- renew n
| portion of the loans and Otherwise three milk
| Could reliance be placed on the proulpt nqI.
| ment of the tax on railroad and iu1ur,ura com
panies during the wear 81 STATE tgx of rl,ren and
1 l,.,lT
| be sufficient to meet all stale cyn4ndItur,.. -
reduction Of one ana Il half mills from t,l,t .r
| last wear, which would extend .sratifvil,, rpf,t
| to the people of The State
|
| itr EblCAlloNAL INTERESTS OF THE SIAIl.
| M, a...: a.. .-.-. -.