, 1876-02-14
ohmp1tes ataedmens possible pf THO markot Quota
tura tor he psAt three years. kocH both CON.
mon snd preferred. Of tbs fe7tra tallr oad
lAriDR railroads within thta Ytate.
IOWA..
HOUSE.,


DEs Mo1yEs, H., Fob. 12.-1n the uonsb, the
Joint resolution Ut Better, Of Harrison, asking
the Iowa Representatives In Cong.eas to procure
a repeal OF the Resumption act. whioh sas ala.
cussad all yesterday afternoon, was further oon-
s1dercd th!a fnorntnH. unauccessful attempts
being ms3a 10 lay tho whole mailer on Tho tlho,
pending which tho Ilouso adjourned 10 Monday
morning.
In tho Ronato. bills were passed 10 their aec-
ont teAding, providing that whore defAutting
County Treasurara turn over their propsrty to
tho County bupotviAors, theY may roll tho
aAtne for tho appointment Of ona Isailsoad
Commissioner. Who shall hAva shs supervision
Of railroads in this State: to tx the bills Of at
tarneys appointed by tho courts to defend cripos
inass:, TO create school text hook committee.
10 eelecs books for tho public schools, 70
consist Of the Superintendent Of Public To-
Btrnction and twn others.
Tho lsaifroAh Committee reported on the 1880
luton aakinE for repeal Of tho !asllroad
isasd ta @ Ill ' t1o iSa' ia~ I'D Id m.ay @ d. d.
fccts, yet lhe people Lad been benefited BY II.
It has destroyed Discrimination 10 freight. mud
hns crtasod marketH in our own State which did
not baforo cxist, wlich. with many other hcne-
rcafed. The COMMITTEE etood II to 2 on tho To-
noft. The 8rnnto adjourned to Monday.
lie NEW REVENUE DILI-
Hpf+tn{ CorYEs31ondentt Of The Chtea9o Tribune,
Uls HolsEs H., Feb. 12.-Ey soma inscruta-
bis iatl of Judgment, tho Fourteenth Qene1at
Assembly reduced the ratio of taxation for State
purposeu 10 2 mills on the dollar. The result
wAs that tho 8tate hAd to borrow money to pay
tue members Of tho Fifteenth. General Assombiy.
or indorse lta warrants aud pay interest," The
kamo condition Of tho 1fdasury d1fses now.
There ia no money. nor will there be, to pay ths
present General Assembly. To guard against =
like contingency. and 10 carry the State through
the next two sosrs the Ways and Mcaus Com
nittce Of the House has rtspatod . bill repeal-
lug tia old revenue laas and the House, sitter
tsn days d1scuss,on+ las ordered 1t engro8spd-
Tue bill provides that tho maximum
lovy for Stata rasenue shall not CT
coed * mills On the do1tar. Dopre-
ciated bank.notes, corporation stocks and
MutuaI Building Associations, arc to bo nsBessod
at ttieir cash value credits to ba listed also at
cnsh vAlue. In all counties. cities, or townB+
where tho aggregate valuation ts botow the
actual casil valuation tho came shall be raised
to tho proper sa'uasson aa1, where too high, It
Bball DO reduced.
TA1eB ARC to be received until March 1; and,
II not paid then. tho penalty IL l por cent :
month for three mopths, md . per cont = month
thereafter until pad, except ta1cs In aid OF Eal1-
roAds.
Ill pcddtors ara to pay tax OF from $50 to
els except Wholesale paidsesa.
Each county IL responsible to The State for
tho full anornt Of tai lovied upon land granted
to the State to nd in construction Of Jai!roadat
wherc such lands uoto not taxable when tbs
taxes we're Iesied.
For ordinary county reronue, not more than
mills on tho doliar stall be lsvied, and poll tAx
Of 30 cebtRx