The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1891-09-12

and has ordered the city clerk TO mad
9 copy of the resolutions to every mem.
Der CT the legislature. 10 the mayor Of
every city, to the president of every viii
lage, and to the various supervisors of
all townships throughout the state, so
they can aid by their influence with
their various representatives in securs
ing the passage of said bill"
1t is hardly necessary to speak of the
other work that has beef done by May;
Or Pingree The action of his assessors
in the matter of assessments in Detroit
is still fresh in the minds of Standard
readers The mayor, common council
and assessors of that city were elected
as republicans, and they and Mr.. Dick
inson, who is democrat, are doing
great work in advancing our cause.
How the Personal Property Tax Works.
The following item was clipped from
the San Francisco Chronicle of Febru-
airy 81:
Very recently several million dollars
of certificates were received at the SUBJ
treasury in this city, but they have all
disappeared. The cause uf the sudden
demand for government Notes lies in
the fact that on Monday next the state
and municipal assessments will be
levied, and the banks are ana sous to get
rid of their money ION hand" Within
the past week the sub-treasury has re;
ceived over So, 900, 900 in gold from the
banks, giving notes in exchange not
subject to taxation. In round figures
the amount of money which will escape
taxation by this artifice will not be less
than S5,OO0,O00. The state and county
will lose sl00. 600 in taxes
Having been an employee of the asses
sor's Office for some years past, and
filed, / am in position to vouch for the
truthfulness and accuracy of the above
article.
The assessment laws of this state pro-
vide that a sworn statement of all per.
sonal property in ones possession At
twelve o'clock noon on the first Mon.
day in March In each year, shall be
made and fled with the assessor of each
county, and every year, at just about
the aforementioned time, all our banks
ing institutions find it convenient, and,
| dare say, deem it proper and in keeps
ing with the principles of good governs
ment, to convert their money into govern.
ment notes, and thereby escape taxa
ton. Not only is this practice carried
out by our banking firms. but our large
mercantile houses, wholesale and retail,
consider it to their interest to deposit
in bank all their money on hand, thus
shifting their responsibility and feeling
assured at the same time that the banks
will not be caught mapping.
| While our minis are running to their
full capacity, and placing in circulation
vast amounts of money, yet it is mat
ter of record wide assessors personal
property rolf that the amount of
money on hand" grows beautifully less
yearly.
In striking contrast to this palpabis
evasion of the law by the rich, the
poorer and middle classes are forced,
under penalty of the law, to file sworn
statement, setting forth all their earth
ly possessions, and are closely and
rigidly questioned relative to the value
of their belongings, and should the as
SCISSOR be in doubt as to the contents OF
an affidavit, he forthwith sends his
deputy to summarily and arbitrary as
sess the unfortunate individual. In
this manner is the law indicated.
What bowling farce such q system is,
indeed--W. c. McClosky, San Fran
CISCO Cal, in The Standard.