Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1878-01-16


period, for all purposes. were..... 81. ~, -. ~
Balance Sept 30, lS77............. go, 214 81
The amount on hand Sept 30 1871 Is credited
to the several funds as follows:
Cerera, fund s6,O14 40
school fund Observation-Disclosures. 74,195 %
school fund income. .................. 1850 ~
Normal school fund. 45.O56 81
Normal school fund income. ......... ,, -! AZ
Drainage lund.. .........-........'.... 4'oxo p
University fund, ...................... ,5b1 62
Agricultural college fund ........ 1,975 20
Delinquent tax fund. l.g17 ~
St. tCroix and Lake Superior r. r. tres
st. pa Cro kan and Lake Superior r. Il de-
nal f,nd .......... -. 80. s,574 81
North Wisconsin r. r. aid fund. 1,148 SO
9 S@o,mss Sns contingent fana ss &
Total .. sa7s, 1854 81
GENERAL FUND.
The receipts into the general fund
during the fiscal year were. 81. 1893, 9A "
Balance from previous year. -. 10, $50 "a
Total 1910, GA 80
OF this sum, there was derived from:
Direct state tax e735. 500 Is
Railroad companies $50, 726 rs
Fire and life insurance companies. AZ, 113 as
And from miscellaneous sources 81, "l5 W
The total disbursements from this
fund have been. ......... t,A4, NO AZ
or this sum there was paid for sala-
aries and permanent appropria-
tons, including interest on the
public debt. NEUTRALITY-SUSPICIOUS.. 20, 04o 20
Legislative expenses ............ 90, $40 OF
Benevolent and penal institutions. 622, OBJ ~
And for miscellaneous purposes. 337, 735 II
TRUST FUNDS.
The condition of the several trust funds at the
close OF the fiscal year, was as follows:
School fund at interest ST. 5ee 1851 OF 81, 1875 q
University fund at int'st. ga, 24O 80 1857 62
As e insTs.t College mnd a.o 7el 90 ,g, 20
Normal School fund at
interest. 9s5,6s1 "a 4S'oo6 u
Total Educational fund
at interest. "a, 0a6, 074 63 $l2S, 795 80
The decrease during the year in the amount at
interest is "a. 8S573. and the increase In the
amount on hand IS $ss,6l22S: net increase OF
tli,7B IS.
The state Indebtedness remains as at the close
oithe predicting fiscal year, and fs represented
by:
Bonds outstanding. 80. :. ........ $A 600 90
Currency certificates. .............. 81 %
Certificates of Indebtedness to trust
lunoS. ZxjS,UO W
S2,25s,O57 90
In addition to this, the Secretary OF State re
ports the total indebtednesd Of the counties,
cities, towns, villages and school districts III the
state as amounting to 90 65s,545O4, which added
to the state debt proper makes the total public in
debtedness Of the people OF Wisconsin, I'll, &c.,
6ts o.: being somewhat less than three and one.
half per cent. Of the total assessed valuation.
AssEssED VALUATION
The value of all property in the state subject to
taxation as returned by the assessors is:
PERSONAL property. Observation-Disclosures. $7,362,4 Sl
Slty ana village lots. ............... VI, 1882
Land. Observation-Disclosures. 1885 1881
Toto, no,, 100 M
Ao'"i. '....................... xoolstCI,oO4
This is, unquestionabiy. not to exceed one half
OF the actual market value of the same property,
Notwithstanding the strict provisions Of law re-
curing assessors to attest the correctness OF their
reports by oath. This serious and willful dsre-
GARD OF law is very properly criticised by the su
Rreme court in the late case Of Schettler against
me City OF Fort Howard, and the disastrous con
indicated.
There is, too, another aspect of this matter and
sun more humiliat,ng, because indicative of the
TACT thai the public conscience seems to tolerate
want of due regard to the sanctity of an oath.
Indeed, observation leads me to the conclusion
mat the prevailing tendency in legislation, requir-
ing so many returns and reports Of various kinds
under OATH and the manner in which Oaths are
too frequently administered. have done very
much to beget a contempt for their soemnity,
ana to degrade an act which is in theory and
should be in fact. one of the most impressive
ceremonies in which man can engage. l COM
mend this matter 10 your careful consideration,
ana suggest that 1t would not be improper for you
To provide for the discontinuance of oaths in
many Ca eS, substituting therefor returns and re-
ports upon honor; or otherwise that you make
obligatory upon all officers admin stering oaths
10 observe that due FORM without which the
ceremony degenerateS into farce.
PROPERTY EXEMPT FROM TAXATION.
In connection with the general subject OF as
sessments, call your attention to the values of
lhe different kinds of property exempt from tax
a'lon reported for the year 1876, as follows:
United states property. ........ $657. 535 Oh,
Cate properly ..................... lS9, 5l5 %
county Observation-Disclosures. 1. 1872 666 90
Town, city and village property. $50, $40 90
cemetery property. 25S, 169 90
common school property. 1889 or %
railroad property. .............. Z 4S7, 627 90
Shnrch property. .............. 4, SIG, $50 90
college and academy property. SIS. 238 90
All other property. .......... b52, 800 90
ADVERTISEMENTS. .S1S, 5a4, 1856 co
Dedueting from this amount the value OF rail.
road telegraph; and insurance property. which,
IN IN me form of licenses, pays what Is regarded
ls proportion OF taxes and also the several items
90 public property, and there remain. less than
so"V,ooO exempt from taxation.
TAXES.
,oIhe total tax levied in the state for the year
1910 was So,cg7 435 co. amounting to S222 on each
pur hundred dollars of assessed valuation The
purposes Tor which these taxes were levied the
respective amounts and rates are as follows:
state State tax $3.50. .... &7ss,942 90 rate -. 1852
TToun'y lax.'...... 1,436si9 90 do. 1899
sc Cwn TAX ....... 3,so,417 90 do. $50,
Ao'u Lax. ......... 1,033, 53s 90 do. .2S33
thus appears that the direct state tax Is lees
t lau one-tenth OF the total tax. The entire state
az urect and indirect. for the ycal 1877 is repre-
a uuSeu oy the receipts into the general fund, and
aniIounts as before stated. to s1lgg $685. aud is
tbay ABOUT one-seventh Of the total tax paid by
Vii People From this amount have been paid
on tbe Apenses OF the state. including interest
oue state debt official salaries cost of CHART.
SeII.n anu penal Institutions. legislative and mis-
neous expenditures: which SHOW that those
of q az a afTa hay IN
tbe, rs reasonable economy in the discharge of