, 1877-08-20

toni IN torce III this Ssnte, treating 1t Hs tho
result Of Ignorance md barbario notions; tnt
lfr. DAVID A. Willis has chilled public nltcn-
ton, through tho September nua,bor OF tho
Atlantic MontdlH, to tho fact that there Ia
another State tn the Union whero wilder no.
tons on economic questions prevail than
evcr in Illinois. Tho facts arc briefly stated:
Prior to 1860, g. ". K1RrLAsp, Of Woodbury.,
Iitchleld County, Conn.,, loaned money
through an agent, a resident and citizon Of
Illinois, on bonls secured by deeds Of tr,,st
on real estate In the City OF Chicngo. Tho
bortls rccited that they wero "matle undor
and In all resrqcts to DO construed by the
laws Of tho State OF Illinois y; that principal
md interest wcro payable In Chicago; that all
taxaswcrc to be paidby the borrower; that the
property might DO sold. Upon theso fncts
becoming known, Tho tar officials Of Wood
bury added, in 1860, to the list Of K1Rr-
LANDS taxable property tho sum OF $4,000.
and In 1870 tho autn Of 10000, to represent
the property owned md loaned by him With
ont tho territory of the State. Payment OF
tax Oh this assessment being refused, pro-
ceedings were taken to enforce It; II was
heard in an inferior court. whonce It WIS re-
ferTed 10 tho Supreme Court Of Errors; this
Court, four out Of the iiro Judges nsscnting,
f1ianissed the oasa. It VIVA non,u referretl to
AZ. f,a,,x. to. ~o,;.;o,, - .~-oxa T., ,,,.t
s''e sa.'o oo..' ~. ao' ''''"" ~ '.o'" =" a."''
tere OF constltutlonal law' anu tho decislon
was affirmed sustaining the tax; then tho cnse
waa removed to the United Stntcs Supreme
1.r.. nj. a;,,a,,,;.,a .,.,,,h,x ~ IL. co,,..
Ano oae'o""s =. " ."o"o' - .'o e''is
u u.
tho Unitol States.
Alr, WELLS discusses the questions raised
h, this ;1oo;s;o, L., lis rsr.1 atoor ,,,1 ,on,
,... IT, -.
Pr'"enS'sn oi"une'' Afe ILLUS "nu ueo'H
prpporty3" and, as a matter OF precedent,
he asks, Whnt is property? This question
bo anuxar., t}ra.
n.a,..... :, .,.,... axx,t.., ..,u.,,.u .-..,,,
..s .,.sts y" a.. ~ e.,s". ",., wv ~.
.sn =. i. a.s.. ,n..:a,sa 49, r. .ns,,s.. -. s,.
for @ c1rh.noc hv ishor rim. for ,,,t,rro a as,,
h. y! Is' as. ~" ~. .u... :. 11a =.
r,r,h. ,son1h ths ,n.trrortatx ~ ~ ,,s"e I, ,as
eon,c. nrnnc,,v, pyoncrtv. fnribcrp,o1c' ~ c.nnot
be created, except BY an application OF tabot OF
some kind to material substances. which. because
IVY 1o sra , ~" :" .s"e. ~ w.
or 4 .t,nat.on' " T''' - N'' ~'''' "'>1 '''
Property, tioepforc. In not only always q
physical actuali,y. bnt IL also always sem.
bodied or accumulated lnbor.n It becones
endowed with tho attributes md incidents Of
titles or evidences of lust ownership or DOS.
gassion.-incloat.. lepn1. or cn,,;tal,1..-
whicl, inhere in tho property, follow It, md
form a component part Of it wherever found.
Il tho tiuo to the farm IL property. md IN
hold In Connecticut. then the far,n. nat he.
-, =. -. -.
property in Illinois. Titles oro inhcrput in
nroportr. Ind cannot be soparatel thorefrun.
Int nro not t1,o nronertv itao1f N,,,or ~
bur n titlo tn r,roncrtv wn nav for nnd h ~.
feet buy tho plys;cal actuaiitr or r;al,t of t1o.
minion over It winch tlo credit or
titlo represents, Wheu wo soil titlcs
or crelita in excosa of or sopa.
rn.e from the embodied labor tl,ov aro
suppoasd 10 represent. va call TIM not aw;n.
ding. md whv ? Deeanko tho tius To n-on.
e.ty. vhoro thero In no phyetcal nctualjtv. in
n frn,,a anil n dc1rs;on Tia +1,,,rv .h,+