Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1882-05-31
Press Notes.

| RICHFoRD Gazette. "An article In another
| column, copied from the Montpelier Wdtchmdn
| is good reading; 1t speaks In very candid man
ner of Judge Royce's failure to comply with the
| tax law, and gives abundant reasons why he
should not be found among the tax dodgers"
| BENNINGTON Banner. Mr. Munson Is a gen.
tleman of culture, alawyer OF excellent judgment
man who finishes his cases in the lifetime of the
generation which begins the litigation, and doe:
| 1t himself, not because some clerk or law student
| happens to be in the office who Is energetic We
| mention this TO indicate that man who il dill.
| gent in his own business will not be likely Il
neglect to neglect the affairs Of his constituents
| II elected to congress" The Woodstock STANDARD
says: One thing is certain, the Banner does NOT
| say any too much for Colonel Munson"
| REFoRMER: 1.-The truth is that this element OF
| profiableness is an important, but not the only
| one in fixing the value OF any property. farm,
| house, any real or fixed estate, IL fairly worth
all it pays good income on. provided its cost OF
| the necessary cost of replacing it. is as much a.
| that principal sum. farm, a house, a railroad,
| sometimes from exceptional circumstances fails
| to pay any income profit; this unquestionably
reduces its fair market or taxable value, how
much 1t Is sometimes difficult to determine. But
Just AZ quick as any property does begin to yield
profit, Its value for all purposes begins to RISE
| and up to the point of the cost or construction
| price, the profit ordinarily gauges the value"
NEWPORT Express: Judging from the major
| ty OF the caucuses we have attended here, the
people have only themselves to blame II they are
misrepresented. Until they take interest enough
in the matter to exercise the power they possess,
attend the caucuses and speak their minds, they
| have no right to find fault because nominations
are dstasteful to them. There are able honest,
| fearless men enough in the state from whom to
choose governor, and 1t is such man that is
wanted; not one simply whose chief qualification
| is that he is good fellow and has hosts OF
| friends. Nor should one be selected simply be-
cause he has been mentioned by some enter
prising journalist who is seeking the notoriety of
hay in n
governorship."
WEST RANDOLPH Herald. "We have no fixed
opinions upon this matter and yet we are inclined
to take issue with the Free Press, and to find
son in Mr.. Dwinell's method. There is a sense in
which property Is an instrument used for the ac-
QUESTION OF other property and its worth depends
upon its efficiency in accomplishing its object.
The road-bed of railroad is property of this
kind II not what is II? saw-mill that earns
$1,000 per year is worth more than saw-mill
that earns nothing and the appraisers OF property
anywhere will make distinction There are
difficulties 10 be overcome in the way of reaching
the exact value OF any property. Railroad prop
erty is quite rs difficult rs any, let any principle
be adopted And we may say further that there
are some who would object to any method that
might be chosen"
ST. ALBANs Messenger. "With no desire to
disparage the merits of any candidate in the field,
and speaking wholly without personal prejudice,
we believe that the high qualifications we have
named are possessed by Hon. John w. Stewart OF
Middlebury in an eminent degree II he should
be sent to congress 1t is very certain that he will
rank among the ablest and most influential men,
bers We feel satisfied that his candidacy en-
bodies more elements OF personal fitness and more
OF the qualities needed In public life, than that of
any other asprant for the office, while 1t would
represent as largely as that OF any other man the
diversified interests OF the district. For these
| reasons we think the convention cannot make a
| wiser choice OF a candidate for member OF con-
gress than that of Governor Stewart"
| RUTLAND Herald: "Our friend of the Man
chester journal puts in good-natured plea in
abatement Of the popular disgust for the majority
report OF the railroad assessors appointed by Gov
| ernor farnham. The Journal thinks it difficult
matter to deal with. 1t says: OF course 1t would
be folly to put the road beds into the list at any
where near what they cost. They would not be-
gin to sell for that and 1t Is difficult to say what
they would sell for. The railroads Of this state
| can hardly be considered paying investments,
even for bondholders, to say nothing of the orig
| inal stockholders Because II might be difficult
TO exactly determine 10 a dollar what parties who
deal in railroad property would give for the road
| bed of the Vermont railways Is no defense for a
| very gross differentiation. The citizen whose
property Is badly mortgaged or does not bring
| him in a large income, or who could not immedi-
ately command customer, is not suffered To es-
| cape taxation by gross differentiation OF the
property TO which he at least holds the title Peo-
pie naturally say, II you don't want to pay taxes
| on so-called unremuneratiye property, why, sell
it, pay your debts and you won't have to be taxed
on your title. Why should any other logic be APP
| piled to a road bed Any capitalist who deals in
| railway property would certainly give more than
| 5000 per mile for the road bed of any Of the
| principal railways in Vermont, since this road
bed includes trestles, bridges, etc 1t is no more
difficult to appraise railroad at its true value in
money to the satisfaction Of the spirit and equi-
table intent of the statute than 1t is to appraise
| private property