The People's vindicator. [volume] (Natchitoches, La.) 1874-1883, 1880-03-20

"The foregoing arguments are
made by their authors to establish
no PROPOSITIONS:
"First-Thst the taxation which
bio bill provides will DO excessive
Second That tho interest tax Of
three mills 70 entirely toO much on
Duch Q largo assessment.
III tho nrse peopoeition provo 70 b
true. the treasury OF the State Will
be we'll provided tor during the next
Two years, and the officers aud Others
Who have served tho State will be ct
last fully paid, the levees will be
maintained aud tho schools be kept
III there should be any excess Il
can easily be utilized to support the
government, Ito schools and tts char.
tiles In 1889 and afterWard. and tho
General Assembly In 1882 can reduce
the rate below six mills.
III the second proposition be true,
Il will restore confidence In the cred
Il OF the State and will enable the
State to cave $A.O8O,OOO by inducing
the refunding Of its consolidated
bonds into new bonds at seventy.
I've cents on the dollar and 4 per
cent interest, o. demonstrated 10 the
previous report OF this committee.
Aud moreover, the State can save Q
large sum by usiDg the surplus o!
eaid taxes to buy up the consolidated
bonds at Atty cents on the dollar.
But when the same representatives
come to argue the efficiency OF the
allowance Of one mill for public edu..
cation and one mill for the general
fund, they at once shift their POSI-
ton and adopt tho contradictory ar.
gument that tho assessment Will not
30 large. When discussi0g three
mile for interest they esttmato the
assessment ut 5000, 0OO, 900: when
discussing one mill for education and
one mill Tor tho general fund. they
take the Auditors figures OF 1879 and
estimate the new assessment st the
came, $l59, 0OO, 900. Your committee
believes that the division OF the tax
e. made In this bill (Which 10 the
same 40 that made Ia tho original
bill, No. So, introduced BY Mr.. Far.
mer) is the proper division. The
Mississippi river 10 now high and .
general overflow 10 not improbable.
The exieenciee OF tho present situs.
ton demand the full allowance Of
ono mill. This With the levee de
trict taxes Of dve mtlh % the
property therein, will, 1t 10 hoped.
prevent crevasses which would ruin
% many good people OF oil colors,
and would greatly diminish tho se.
eeseable vsiue OF their lands, and
would deprive them Of the ability r.
psy their taxes. The schools Get oil
the. poll taxes, and, under xrttclt
IA OF the constitution, can get . par!
OF the licenses or fines h criminal
cases, and tho funds allowed BY o.
ticle go and any moneys which may
be collected from lotteries under o.
ticle 1877. It IL believed that one mill
for public education viii Do enough
"As to to the general fund. It VII
receive the licenses (lese whatevel
may be given to the sch0ols). ami
vii receive tho interest taxes collect,
ed to meet tho coupons which tal
due on tho first day Of January, 1850
On thu consolidated bonds ALREADY
over go, 0oo, and Will probably react
500. 00O. It wiz also receive tho bacl
taxes, which, after paying oil tn
back warrants outet0nding and 0thel
back Indebtedness. viii, II oolleCtet
(and they can be and ought 70 b
collected. support tho State govern
ment themselves and rebuild tn
0tate- House Of Baton Rouge"
It 10 estimated by those Who hsv'
given the subject careful constdera
ton. that the bill, II It passes IN 1t
present shape, will raise the aseeea
mont Of property In tho STATE iron
4l5o. O0O. 900 TO 3200, 900. 600. II WI
bring within tho list OF taxableo ma
~ articles now exempt. Theoe o.
such things - hank sock. rel!toeI
shares, franchises aud vsluablee q
various kinds In the possession q
the rich. almost exclusively. i %
effect 10 such 40 IL anticipated th
tax upon real estate, which now beat
almost tho entire burden Of covers
ment, can be materially reduced q!
years hence. For this reason th
hlil he y strong support. II y a!s
supported By many who opposed ID
| orieinal bill because tho school %
levoe funds WERE fixed ct . halt nj!
There u still opposition to tho bt
II. .o.nD ~s,ae$~ec hssk IN 2fa nRA0Al