The Greenville times. [volume] (Greenville, Miss.) 1868-1917, 1895-01-05

persuaded to adopt il once, l believe
its wisdom would be demonstrated.
Tue State cannot tar the nonresident
lender. The money IAndsr at home
is taxed and must charge accordingly
a higher rste OF Interest, aud the tax,
iu fact, falls upon the borrower, who
can III afford to pay il. BIZ such a
policy the State would lose little and
the citizen gain much.
"For the same reason our county
and municipal bonds should be made
non-taxable. At present, If held at
home they are taxable, but II held by
non-residents, they are not. Hence
these valuable securities which should
afford safe and convenient invest
ment to our own people are taken up
and held by persons abroad TO when
We pay the interest. lftae stream Of
interest from our mortgages, bonds
and other Indebtedness, which animal
ly goes North, could be turned aud
made to flow back upon its source, we
would coon hear no more OF hard
times.
Increase In taxation aud expondi-
lures without proportionate increase
In value, is an unfortunate condif.
ion. 1t may have been unavoidable
in 4 measure, but there ia ne higher
Fduty to the people than that which
now exscts the most rigid economy
In public expenditures, consistent
with the proper administration OF Ihs
government. While partial reliel
msy be had by greater care 10 expen
ditures, taxes cannot ba materially
les'ened without increase in values
This result can be reached by revivina
and Increasing the prosperity of fam
ing, and encouraging aud securing fac
tories and desirable immigrants
"There 10 another matter oil grea
Importance TO which the State is com
mitted by the new Constitution, aud
which | am anxious to see succeed.
allude 10 the convict farms. These
three in number, comprise 1887 acres
of land, and have already cost th,
State $64,63S,00, and will probabl,
cost as much more before they can b.
properly equipped and put into opcr
alton. Ever since can remember, W,
have been voxsd with the question a
to what should be done with the pen
itentary convicts. | think IN thes
farms, II properly managed, We hav
found the solution. But the selection
OF the managers ana employees, th
making of contracts, the purchase .
supplies, aud the marketing of the pro
ducts, will, under ajax administrator
admit OF many evils, aud any olhe
course than the utmost vigilance an
fidelity TO the States interest ON lh
part OF the board of control, will ren
der the success of this experiment OK
trsmely probiemalicai and subject th
State to the danger of serious fnsu
cial loss. ~
} "Learned aud impartial judges ar
essential to the administration Of jul
tlcc, and to the msiutainancc OF th
laws. The standard which our Judi
ciary has achieved for itself has bee
aud is matter of pride. There is II
duty more sacred thai ofkcepIn
II up to the highests ard Of exec
lence.
II would not omit a reference I
our state industrial, educationa
humane aud cha. table institution
These evidences of the peoples civ
lization and religious spirit should b
fostered as they deserve.
"There arc other subject of impol
tance TO which we might profitabl
turn eur attsntion, but It Is not nece'
sary TO go into further delalls."