Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1875-02-02

MtninE Taxation The GRAND
HlAll-Nativc Weather Sharps-
saiiic Iiart-0ut Of Luck
CAnsoS. February, LIST, 1875.
A Veto.
EDrToa NEws: The bill to grant the
right Of way for . street railroad from
NE depot OF the V. 4. T. r R.. In this
city. TO the Warm Springs, wa returned
by Governor Adams. to-day. to the As
sembly. without his approval. / have
not examined tho veto message. and was
not present when II was read, but 1t Is
stated that 1t is based on Constitutional
ground; that is special legislation. or
TO TINT effect. The building
of the road will not DO affected by the
veto, a. Il In tho intention OF the pro-
to incorporate and operate under
the general incorporation laws OF tho
State; and. although this particular veto
il Of but little consequence, and was
sustained by the House, 1t is looked
upon by many rs a foreshadowing OF the
Executive policy in regard to railroads
in general, and as such. possesses some
importance.
Light work.
Tho work Of the Legislature 80 far.
is light. and the order Of business and
general flo are usually gone through be-
fore one o'clock r. N. This is owing to
two causes: First. tho Legislature has
been exceedingly Industrious; and ses-
ond. the volums Of business il less than
IL usual. There nre still many import
ant measures TO DO enacted, and there
are many now in the ordinary routine OF
Besides. l expect that We
will have an investigation or two. / IN
for from u request malo by the Com
appointed to visit.
The state Prison at Reno,
That there will DO an investigation in
TINT direction. The committee have re-
from u visit TO tho work. and be-
fore making a report, introduced in the
House q concurrent resolution asking
that they DO empowered to send for per-
sons and papers and employ . compo-
tent civil engineer before reporting.
There are many rumors concerning the
work done and the amount OF money ex-
pended. and I suppose the object OF the
is to get at all the facts in the
before making a report to the Leg
vrI riaaneiai Matters.
l don't often trouble my head about
State financial matters; but nm article In
the Enterprise Of last Sunday. under the
head OF estate Taxation" has excited
my curiosity. and set me to figuring q
littlc. The tenorof the article, 1t seems
70 mo, IL, that while there 10 q proposed
in the bill mentioned. Of the
rate Of state taxation on real estate and
personal property, there Is moro on the
proceeds VI mines. Nov tho ratio for
several years on all species Of property.
including the proceeds Of the mines,
u dollar and a quarter ON The one
hundred dollars valuation. The bill
before the Senate proposes the rate OF
cents on the ono hundred dol
lars valuation OH all species Of prop
erty. including proceeds Of mines.
Tho tax OF 81 % last year, run
Sii. 900. 900 as proceeds OF mines
and amounted to $4,000.
At % cents ON the same valuation IL
10 STA. 500, which. according 70
my imperfect way OF calculating. shows
\ lifting Of tho burdens OF taxation on
The proceeds Of mines Ia this State, in n
year, to tho amount Of S62, 800;
and it appsarst to my untutored mind that
The proceeds OF mines do share with
other property in the reduction Of the
State tax from 81 % 10 90 cents.
I cannot see how the Enterprise man
make out his case. and prove that
si.ht or ten Comstock mines bear more
than one half Of tho States expenses.
In 1873 the amount paid into the State
Treasury, from the tax on real and per-
sonal property, was S275.259 G7; and
tax on proceeds OF mines, $780,
5O7 SO.
In 1874 the amount rom rea, n
rn,m ~. rrropss'is " m;n.s s,S5 sao 4 .
IL is true that, for the past four years,
1922, GGG Of tho mining tax, against
sil0.25 OF tho property tax, has gone
into the General Fund Of the State. be-
cause the mining tax being freed from
any charge on account Of the State debt. |
sI.07n of tho ST. 5 tax has gone into
his fund, against 57H cents OF the samo
iaI running against real and personal
property.
Taking the product Of tho whole levy
the SIPS. however. and real and per-
,onal property have paid double the
mid by The proceeds of mines.
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InG IInII L