The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1898-10-07

prior to 1871 WAS a source of alarm 70
its thoughtful citizens. condition re-
suting from the simple fact that the
financial resources of tn state we're not
utilized. Taxation was not only un-
equal 10 expenses. but was grossly in
equitable. not only because assessments
Were greatly below cash values, but in
addition faii,sd utterly to reach millions
OF property which contributed no reve-
nue. at all to the state. To remedy this
evil and thereby secure ample revenue
TO pay the expenses Of the state govern
ment, and reduce the foreign indebted
ness Of the state, was the prime object
in view when the Democratic legisla-
ture passed the act concerning taxation,
approved March @. 1891.
Ii Is not required that the numerous
provisions of the law should be either
mentioned or discussed i'm this connec-
tion more than to say that the revenue
power Of the law provided for the find
ing and the assessment of the property
OF the citizens of the state at its true
value"-and the provision of the law to
enable the assessor to ascertain the clos
est approximation of true values" and
the act went into effect "from and after
its passage To show the immediate
benefits accruing to the state by the
enactment of the law by Democratic
legislature. the following official figures
are submitted, giving taxables in 1890
and III 1891. and showing that under the
operation of the Democratic revenue
legislation taxables increased si3i. 966. :
$50 as follows: Increase from 1890 10
1891, $780,. 7.5sl .65l; from 1891 to 1892.
sl2. 1872. .O27; from 1892 to 1898. s34, 4,s72. :
1856. and from 1895 to 1896. 50. $50. ,O6; a
total of 1851 .226. 500.
For the years 1894 and 1898 the taxa.
bles on the duplicate decreased sl6. 259, :
7l9. leaving a net increase over 1890 of
taxes amounting TO $i34. 966, $50
The abstract of taxables for 1897 and
Aooo nus Hot pcch puohShcu, htHCt du v
gain or loss that may have accrued is
not included.
In 1890 the rates of taxation upon the
three principal items Of revenue were as
General fund, l2 cents on the
500: state school, l6; benevolent insti-
tutio.s. g; total. 81. These were the
rates for 1891 and 1892. In 1893 re-
duction Of rate was made. as follows:
General fund. 10; state school. 49,; be-
nevolent institutions. 5tNtal D 4, total
SO cents on tho 800. These
rates prevailed for the years 1898 and
1894.
In 1895 tho rates nf TAXATION were fur
ther redu 'c'. ns follows: Gnnr,i fund.
Q cents on 80 slno: -tate school. IL; be-
nevolcnr frutions 5; total. 25. And
these r''.i u vn prtvii'od for the year.
1925. 1855 ~ n 1878.
The 'axaN'n. fnr tnc wear 1870 amount
ed to ss37 3e,. from which the reve-
nue. on lh, threeiieln. ma ned amo united
to ~ SIS NJ
In 1891 the taxabies amounted TO ST.
255. 256. OBS. the rate of taxation being
the same as in 1890. but the revenue de-
rived amounted to $i.267.s70. a gain
over 1890 of 81 l,il9.77s.
in 1892 the taxables amounted TO 81
267, 43s. .065, the rates being the same as
In 1890 and 1891. The amount of reve-
nue. derived amounted to 81, ,3O9. .2s9, a
gain over 1890 of 81. 46l.197.
In 1898 the taxables amounted to 81,
BOZ. $40. $50. In this year the rates of
had been reduced on the three
Items named to 2sls cents ON the 800.
} reduction of 5lI cents on the 800.
The revenue derived amounted to So
7il.5s4. an excess over 1890 of 1868. 492.
Notwithstanding the reduction Of the
rates.
In 1894 the taxabies amounted TO ST.
R9b. 106, 4i6. the rate being the same =
IN 1898. and the revenue amounted to
1851 .053, exceeding the revenue of
1890 $742, ,lel.
ln 1898 the rate of taxation was still
further reduced on the three items upon
which calculations are based to % cents
On the 800, total reduction since 1890
Df cents on the 800.
The total taxables OF 1895 amounted
10 81. 2s6. .05o. .53l, and the revenue de.
rived amounted TO S3.2l5. 1876, an excess
over 1890 OF S3610ll.
The taxables of 1896 amounted to 81. :
l92, cal .237. rates OF taxation being the
'amc as in 1895 The revenue amounted
10 81. 23l COB. an increase over 1890 of
P37S.5il
IS has been stated. there are no Off
,ial duplicates for 1897 and 1898, but ~
q assumed that the amount of taxaLies