The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1891-07-20
Sequestered Property Put on the Tax Duplicate

From the Second Edition Of the Sunday Jotrnall.
Sequesrered Prope rty Put on the Tax Duplicate
LAwRENCEBURG, Ind. July 1S.--It is ex-
pected now that over 900 of sequest-
cred property will be put on the tax dupli-
cate of Dearborn county by the newly
created Board of Review, and the noise
made by the mOneyed men of the county i'll
consequence Is heard throughout the coun-
ty. At first the bankers refused to testify
III regard TO the deposits on hand the first
of April, but the board stood firm and
told them If they refused to be
examined they would impose the full extent
of the penalty upon them. Not relishing
such prospect they speedily changed base.
and In consequence amount after amount
has been added to the duplicate until now
over ss5Oooo has been added; over five hun
dred deposirOrs' names were up to-day for
the bankers to testify about. and the board
| will be in session all of next week. AS per-
haps the largest part, of this is
upon he democrats o the effect , can eas
! prominent Democrats in Aurora has had
| S35 0JO added to his name. while the most
| influential Democrat here has been caught
for 5000 This effect was not looked tor.
and TO say the work of the board is causing
| CONSERVATION is putting IL very mildly.
One who Is familiar with management
! of banks says the effect Of this stringent
| enforcement of the law will be to- cause
| many banks to close up their AFFAIRS
and go out of business: because, he
says. the banks make their running az
penses Oft of their deposits and if their
patrons abandon them. as they will be
compelled to do under the new law. they
| cannot make enough on their capital in
| vested to pay them to do business. AL
| ready several men who turn their money
often are threatening TO leave the State if
| the law is so stringently enforced. Besides
this, every township in the county shows
| remarkable increase In the taxable value
| of property, and the farming class. which
L. L. -
ing all the blame of the additional burden
| on the back of the Democratic Legislature
| and predicting an verwhelming defeat for
| that party at the next election. while the
| rich men who furnish the money to grease
the political machine are open in their
| denunciatiOn OF the law and it's effects.
| Not only does the board find the property
| to list for taxation, but In every case 1t has
namely. 80 per cent. additional. 1t is estI-
| mated now that if all the other counties in
| the State make their showing as favorable,
propOrtlOnately, as Dearborn, S50.000.0 600
Will be added to the tax-lists this year.
Senator Quay May Resign.
PHILADELPHIA, July 1S.-When United
| States Senator Quay was in Philadelphia
last week, en- route from Atlantic City to
| his home in Beaver, he told friend that he
would probably resign before long from
the craftsmanship of the Republican ma
tional committee. He gave as his reason
the fact that his health was not very good
and he did not feel like taking upon HIM
self the work of another Presidential cam
| paIgn. He will remain q member of the
committee, but proposed to retire from the
| position as head of the organization which
imposed so much hard work. ALI the local
| Republican leaders who were in town
| yesterday admitted that they had
knowledge of Senator Quay's intention to
resign. Senator Quay stated at the close
| of the last campaign that he would not
| presidential campaign under any consider
alton. For days and nights, he said, after
| the election he conld not sleep. He has
| been troubled with insomnia ever since.
and his friends have known for long time
| past that he could not be induced by any
| possible consideration to hold the chair
manship in the coming presidential cam
paign. The fact was developed yesterday
that before the departure of ex-lnternal
| Revenue Collector Martin on his Western
trip he had meeting with Senator Quay
and others at W hlch it was definitely stated
| by the Senator that he would resign the
| and that Gen. James s. ClarksOn, of Iowa.
would succeed him as chairman.
Senator Quay has issued call for the
| meeting of the executive committee of the
| Republican national committee. The date
| of the meeting is the 10Th of this month.
! The report Is that one of the principal
things to be discussed at the meeting of the
executive committee will be the question
L
| convention. Senator Quay and other lead
| ing members of the committee are said to
| be in favor of holding the convention at an
| earlier date than usual-the month of May
having been suggested as the time at which
to fix the date. The conventions of the
| party have heretofore been held In June.
Production of Sugar.
WASHINGTON, July 1S-The Commits
sioner of Internal Revenue has prepared q
statement of the probable production of
sugar during the current fiscal year, OF
| which the following Ia o summary:
Number of producers of sugar from cane,
| $50; from beets. seven; from orghum. three:
| from maple sap. 3 1872; total, 4,6.2. Estimate
| OF amount of sugar which will be
| produced from cane sugar. 500.O GOO
pounds; beet sugar. -. 10000 pounds; sor-
/ Rhnm sugar. 100000 pounds; maple sugar.
| 100000 pounds: total. $50. 10000 pounds
Estimate of amount of bounty to be paid:
On cane sugar, S10.35O,OO0; oil beet sugar.
$4,000; on surghum sugar. $4,000; on ma
pie sugar. $4,000; total. S11. 1S4. 200.
The production of sugar from beets 80 far
as the Issue of licenses Is concerned. is con-
fined TO California Nebraska. Utah and
Virginia. There are three producers In
California with an estimated production
from six Thousand acres of sixteen million
pounds one-half of which is attributed to
the Western Beet Sugar Company. of San
Francisco. whose factory is located at Wat