Mexico weekly ledger., 1878-08-08
FINANCES.
Real Estate Journal.

leT HllaIcldI COLuitlOh tudll AuuId1ii,
nor could any county have better or
more solid credit.
Her Court House, a large, elegant
and commodious brick one, recently
completed, with all its surroundings
and Enclosure, the latter being a fine
ornamental iron fence, (shown in IL
l~ustration) as well as a fine Jail and
~jailor's residence of brick, together
with the land whereon it stands, are
all paid for in full.
Within the last three or four years
a large number of iron bridges have
been constructed over the largest
streams, upon the main public high
ways, and which improvements have
been paid for in full, and for which,
the county is in no way indebted.
The county has within its limits
about seventy-five miles OF rail road,
with all the incidental rail road prop
erty, all owned by non-residents, but
all assessed for taxation, and which
produces an annual income, by way
of taxes, for the benefit of the various
public fund Of about $50, 600; while
the only debt owing by the county for
any purpose whatever. is a small bal
ance remaining unpaid of n subscrip-
ton to the capital stock Of one of the
rail roads, no part of which is due,
! but the whole OF which subscription
has been and will be paid nj its ma
turity. So sound is the credit Of the
county and SO promptly and fairly has
it met all its obligations, that its few
remaining bonds outstanding are not
in the market.
One instance of the sale of any of
which bonds only has come to our
knowledge and this an investment
of funds of a ward, when the bond
was purchased at a premium of one
per cent. higher than the market
value of gold at the date Of the trans
action.
The rate of taxation is smaller in
this county than in any other we
know of, andi is growing less annually,
while local taxation in the respective
town and school districts are but
nominal, as nearly every school dis
trict has within it a good, comfort
able aiErfnc" ~hnol ase, completed
and paid for; while the roads and
bridges within the townships have
been made and paid for and are ali
i'll excellent condition.
While all this is so, it seems to he
conceded on all hands that the officers
of the county having control OF the
finances or financial affairs of the
county are uniformly of superior
character, both as men and officers,
managing public affairs p~rudently,
economically, but with great public
spirit and enterprise.
Private debts are being paid to n
greater extent than ever before, while
new debts are being contracted in
much less proportion. All business
is fast coming to a cash basis and
system, the credit system being al
most entirely ignored. Our whole
people are economical and industri-
Gus, so that while all around us is
heard the cry of ''Iard times our
county is still prosperous and hope
ful.
All crops this year are abundant,
larger IN acreage and better yield
than ever before. People from
abroad coming lither to ~r~rchase
lands, either as investments or for
homes, can do so with the fullest con
idence, not only Of meeting with the
most cordial reception from all classes
of our citizens, but that neither their
capital will be wasted, nor the fruits
of their toll be consumed by heavy
taxation, either general or local.
We invite the fullest investigation
into the financial condition OF our
county taxation, by all who contem-
plate investment or removal.