, 1876-01-02

ton OF such shares shall not be at greater
rate than is assessed upon any other moneycd
capital in the hands OF individuals. ctc- Many
Of us know that the National Banks Of our city
are assessed OIL 10 per cent OF their shares On
a par value, when in many cases said shares are
worth premium OF 50 per cent and yet most
OF these banks have declined to pay, and soma
OF them have not paid for 1874. claiming that
they are assessed higher than private banks.
racise this to prove my proposition that 40 per
cent OF actual value ls accepted rs oaa:s OF
assessment, ind I have also shown that Ma
tional Banks do not pay On 80 large IN amount
q, this.
/ vii, say further with referonce to assessment
that, if any person with whom blanks arc Ief:
bv the Assessor to be tiled and returned fail to
fill and return said blanks. it becomes the DUTY
Of the Assessor to asseas such persons to tue
best OF Ills ability. -.-.
who have good grounds Of complaint into three
classes:
First-Tbose who filled the blank left BY the
Assessor cousceutso1aly at the full cash value
OF tha property according to tho PROVISIONS OF
Soc. Of tho Revenue law previously reclted-
Second-Those, too, who filled the blank, as in
their judgment was proper and hnd the return
has been changed by ths Assessor without hrst
notifying the parties to appear before HIN ac-
cording to law.
1hird-Those who made no returns aud find
| their property is assessed at from QUO to ten
times more than it ought to be.
These classes all h4d their remedy, which has
! been recited by my friend, the Hon. 7. z. Der
ickson, hut. as he has well eaid' nov can
| 40, COO taxpayers examine theae books
to be apprised OF errors and correct them IN the
| short time OF from one to fye days that these
books by law arc open for inspection aud cor1ec-
| tioa? will cay here that If we had but few OF
! such men as Mr. D., ~ho did not shrink from
the responsibility of critcisng the action Of tho
| Supreme Court, as in the Adsit case, We would
have less Of such cases, and collect our revenue
| without 80 much opposition
! l hare got to the point OF vital Interest to
! mapy-thatis, my suggestions for immediate re-
lief to the three classes above who have just
! grounds OF complaint, aud wilt preface my re-
| commenla.ions bY saying that relief has been
granted in the way Of rebate By the County
Board at all times On proper proof. to the second
| and third class above. and presume by the CITY
| Tbs Park Commissioners in q few cases. have
done likewise. But for these classes a.grieved
| to ba compelled to 70 before each department
| from the State down to the Town Board. aud
make to each satisfactory proof Of the OF
their assessment would almost be adding insult
to injury, il it il practicable to meet these peo-
| pie fairv and in a manner that they may be re-
iieyed. It may be said by some that they have
| redress through the COURTS Do the officials OF
| this city and county wish to drive honest tax
! payers to this when in most cases court costs
| would amount to much moro than the relief
! should they succeed? Aud suppose they should
| meet such court decisions AZ are cited by Mr..
| Derickson?
My plan OF relief ia Is follows: would sug-
geet that the Common Counciiappointa commlt-
| tee OF, say, five members, composed perhaps OF
| Tax Commissioner and Assessor and three
members Of the Council. The County Board
sh.li appoint committee of two, the Park Com
miesioners aud Town Boards Of each Town each
appoint q committee OF one, making joint
| committee Of fourteen. Each corporate body
should instruct or empower their delegates to
act in joint session On proper evidence to remit
| or rebate iu cases such as arc mentioned above.
1t would be proper to notify the State officers
| and solicit them to be represented. A few
meetings Of such committee might adj just these
matters, with perhaps not to exceed IN tho as-
| eresate Of all taxes rebate Of $50, 600.
know it might be clsimea BY the State Audit
Or that he had no authority to participate for
State, as, the Legislature not being in session,
he could not obtain permission. It ,aeems
| to mo that the necessity OF Hpme
harmonious action for relief, if properly pre-
scented, might induce The action necessary, with
feeling Of certainty that the Legislature at its
meeting would legas:ze it.
| II this plan should be favorably received By
! the public and the yarions officials, shall be
pleased to present it to The notice OF the Comfy
| Board. Youra truly, ". X. BUuD1ck.