Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1879-01-17
9ol 7so, loi $ib5, 3lO, bss -

Assuming that Tho sales OF ronl estate ms re-.
turn9d by registers Of deeds, afford nh approx
matcy correct ratio Of tho assessed 10 tho actual
snlno OF MI property the inxnhlo property OF tho
ttAte IN 1877, amounted to ST2Is1l ,B20i and In
1878, To SNHI, uSa,s
ii IL TO bo borne III mind that this Il only tho
property represented upon tho assessors books,
ana Is exclusive 81 the property exempt from ~,
tossmcnt NY law, and that which IL concealed
md omitted. / think u safo to say, therefore,
that tho vnne Of all property In tho state Of Wls
consln to-day exceeds Thousand millions OF dol.
lars, and II IL quito probable that tho property
not by law exempt fom assessment, amounts to
That sum.
Tho public indebtedness L. therefore, hut u
frlilo moro thnn ono per cent Of tho actual yAluO
OF tho property which contributes TO Its payment,
instead of two and soyun.tpnths per cent, as
might bo Inferred, II the distinction between
actual and assessed valuations wns not constantly
kept In mind IL IL important that tho fncts IN
regard to such matters should be known by tho
people, no less thnn by Legislators that we may
deceive neither ourselves nor others.
Tho influence OF tho public belief Ia nm Import
ant factor In the science Of government. When
taxes arc levied at Tho ratio " lhren TO fyo per
cent, there Ia an appearance Of cNtortion which
enables tho dcmagoguo TO inciio nncaBincas and
dissatisfaction; whereas, II property was assessed
at lis true NNlnc, The lntc Of taxation would he so
much decreased that u would 30 impossible ~
arouse 50 much OF lnlOnndcd suspicion IN regard
70 the administration 81 rnblic ufalrs IN thr sew
era spheres Of government, from Tho school dis
ict ~ the state. " We continually assert and
hear asserted that wO nfc poor, that inxes nrc
hurdensone, that tho times ARC dull aud hard. IL
islhe inevitable Inv that wu shn come 10 think
20, without regard y FACTS or reason.
TSNEs.
The total INK levied In the strtr Tor the year
1877 was 3SNal ,B9S ana amounted 10 SlSl on
each Olie hundred dollars Of the state assessment
Of Sdal,ao6 anO. The purposes for which this tax
WINS levied, the respective amounts and rates nre
~ follows;
state iax,..,s.,....f S6is, ~ % rute, .lala
For Interest aud principal
na loans from trust
funds To counties, etc. 90 bl1 10 = nliA
County mx............... L, h2A ADb 90 .,,tna
Town NEUTRALITY-SUSPICIOUS.. 2,tia, 9lO 90 .H2iS
school tax..t.8...s...... 2,Hgn, Az 90 $50
Road taN..t........, s4 I, l3i, san ~ 26ti
-@@--~----~4---
ss, OH, 6gs % ispbl
( Had the assessment been ut actual value thc
rate OF taxation would mot have exceeded one pet
ctht and the direct state tAN, which IN less than
one twelfth Of The total tax would hayu been less
ihnn nine-lenhs IF y mill 70 tho dollar.
The chtfe state tax, direct ana Indirect, iur
the hscal year ending september 10, 1873 repre-.
scented by the receipts into the general llila,
amounts ~ xi,l2O,S3i Sl and IL levied upon the
taxable, property of the state would amount g
one and one-tcnth mills upon the dollar, or about
une.eighth Of tho total tax paid hy tho people.
'rhe amount Il S1N,0O1 less than Mas received the
year before, which, with the large deficiency ~
listing II the general fund January |. 1873 and the
expenses Of the publication Of The revised sta /.
utes, accounts In part for the increase lii the state
tax now being collected Y Il confidently expect
ed that this tax Will psy all tho expenditures III
the year 1917 and In addition very materially IL.
dnce, IL Ii does not entirely eNtlngiAsh, tho Ir.
fciency in the general fund which has appeared
on each first day 81 January forseyeral years last
T3 past
ESTIMATES.
The secretary Of state estimates that the re-
celpts for the calendar year 1850 VIII hr t6t9,i2s
81, az follows:
From railway companies. .....#..... $3.50 900 u
From insurance companies 1890. AZ, 600 u
From misce iaancous sources ........ oil, 10 VI
From taxes authorized BY existing
laws........................ ana, Us d
lie estimates the expenditures for the same pc
Rod ut Sg27, ~ sb including 24f, so 10. the pro