The record-union., 1895-08-21

ment to the Bank Commissioners, by
which it appeared that the bank had
loans OF S44l 900 on property valued at
over $780, 200. The bank property cost, ac-
cordlng TO that statement, Sl2l, 900. and
asked what IL was assessed for. Assessor
Hood answered that the assessment was
for $4,000.
Mr.. Arnold asked if the Colusa County
delegation thought that the Colusa
County banks should have as large an
amount OF solvent credits as those of AL
ameda County, or whether the latter
should not have two or three times as
much. They thought the latter PROPOSE
ton should be true.
And yes," said Mr.. Arnold, "Colusa
county, with an assessment roll of Sl2,-
OOO,O00 returns solvent credits amount
ing to S25S. 100. while Alameda County,
with a roll OF 50, 100000, returns only
S382. .O56 Assessor Herd has evidently
dug up considerable more in proportion
than Assessor Dalton has"
We'll" said member of the board,
1t Is not as easy to carry 1t over to San
francisco the night before the first Mon
day IN March from ColuGa as it is from
Alameda"
Does the San Francisco Assessor catch
1t then?" asked Mr.. Green.
"Oh, no, II Is taken back" was the re-
ply.
BUTTE COUNTY.
MIR. Beamer read letter from Albert
NJ. Smith of Oroyille, stating that AS
SCISSOR Lynch of Butte County was sick at
Bartlett Springs and had asked him to
present reasons why the assessment of
the county should not be raised. lie was
unable 10 appear, however, and ask ed
that the hearing might be postponed till
some time next week.
Supervisor RunnalS addrassad tho
board and said that he had been aston
lshed at Mr.. Smiths absence until Mr.
Beamer read his letter He himself would
ask that the matter be postponed, or at
least that Mr.. Smith be granted supple
mentary hearing. The decrease in the
assessment roll was S2l2, 900, and be gave
much the same reasons for it that had
peen given for the decrease in other cOun-
Ties. All farming property. he thought,
had decreased at least . Der cent. in the
last year, as the sales SHOW. He did not
thlnk that the members of the board un-
less themselves engaged in farming
could realize the great difficulties under
which the farmers have labored for the
last three years. Unless the times
change, the prices realized for their
products, practically sold perfOrce at
Sherif7s prices, must inevitably lead
them all into bankruptcy.
They have been hoping each year for
better times, which have not come, and
absolute ruin stares them in the face.
Mr.. Nelson said that there is no sale
for land. He had not known piece to
be sold for the past three years in his
locality. The yield of the land is stead
lily decreasing, also. The Reavis place
was sold under foreclosure of q first
mortgage, and c. w. Clarke of Sacra-
mento lost totally his second mortgage of
SO, 900, it only fetching the face of the
first mortgage.
i. Pagan, who owns 1900 acres of
what he denominated as good land as
there was in the vicinity OF Gridley, said
that he would give any one s.. 800 who
would find him customer for his land
at the price at which it was assessed-S39
to $40 per acre. The small grain farmers
are letting their places go first and the
large ones will have to follow, if times do
not change.