Bryan morning eagle. [volume] (Bryan, Tex.) 1898-1909, 1900-01-24

/ AeIhs Twas Mexican railway va,
rendered IN Fort Bend at y7t5i. but In
the adjoining county Of Jackson a,
i tll.osI per mile: the Pecos a Northern
Texas At 1870 in Castro, and 1870 pet
mile In Farmer county; the Missouri
Kansas 4 Texas az t7752 In Bastrop
5000 In Johnson. ti0.47s In Travis. and
Nl,1sz per mile In Hill county: the
Houston 4 Texas Central was listed In
harris AZ 1l2.625. and In Travis county
NJ 6l5.SsS per mile. though the ROLLINS
STOCK. which Il Included In the assess.
meats. Is valued at t2s.1 more in the
former than IN the latter: and the
CUT Colorado & Santa Re At 1885, IN
Bell. 1880 In Lampasas. and $1,000
per mile In Runnels county. When /,
Is remembered that. in the matter o,
state taxation under the present con
ttitution. each citizen and each county
Is directly and pecuniarily interested
IN tho assessment by every other citi
zen and In every other county. the
facts recited cannot be well ignored.
What recompense Il thus made 10
the people OF this state. whose munih.
cent liberallty 10 such enterprises hes
not been equaled BY that OF auy OF the
American commonwealth
Out OF her domain she has donated
70 railway companies 3f.l7s.0 55 acres
Of land. all OF which has been surveyed
and returned 10 the general land onirs
for patent. More than that. she has
not only given 10 one company the
International & Great Northern Ia.
500 acres for every mile constructed.
but she has also exempted from taxi
tion-state. county and municipal frr
period OF twenty-five years. the land
90 given and the capital stock. rights.
franchise and road OF the company
The railway land grants OF this state
not only exceed IN area the land nero.
age Of any one OF twenty-five state ~
the Union. among them being lncludel
New York. Pennsylvania aud Ohio. but
also the combined land acreage =
Maine, Massachusetts,. New Hampshire.
Rhode Island and Vermont. II also rv.
eeeds one-tfth Of the entire land aero.
age OF our own state. Many Of tho
lands 50 granted were quite valuable
especially those located In the mime
timber region. a complete schedule 2
the grants Is hereto appended. 10 which
me attention OF the Legislature Is iu-
vitod
In the analysis of the statement as
70 receipts 70 would De well 10 cqra.
fully note the Items ol revenue realized
from corporations. other than railway
When doing so. IL should not be FORGOT.
Ten that the stock OF national bank wl
then and now Is a subject Of taxation
the number of them ia operation on
DECEMBER Is. 1897. IN Texas. being two
hundred and two. with paid-up capitll
stock Of SlS.Nlt $50. with Sl7tf iq1 30
A. a surplus fund and SSH 1881 as
undivided profits. less expense. and two
hundred and two on February Is. 1895.
with paid-up stock OF 1862 .OiO. with
q surplus fund Of N.7sS.53 and 81
7Sg.9Il93 as undivided profits. less cv.
penses. Besides railway aud banking
corporations there we're on January l.
1888. ftteen hundred and eighty-eirht
other assoclatlons-not including those
that were purely educational religious
and benevolent In character-charterri
under our own laws and doing business
In this state. with an authorized can't
tai stock amounting 20 sl76 gg5 $50
much Of which could have been sold A.
par and was yielding handsome dlvI-
dends
In addition there we're on that day
six hundred and sixty foreign corpora
lions Of like character empowered 10 d.
and doing business IN the statewIth an
authorized capital stock OF sl17G. $50.
b215O They Of course were profit
ably conducted. or they would have
been withdrawn from the state.
How are these valuable propcrtloe
represented on the tax rolls Of 1888
In view Of the fact that the individual
deposits ia the national banks alone in
the state amounted % S3S .42G. 1885 en-
December u, 1897. and $50 sg2 O73.50 on
February Is. 1898. and Si2 .Ss7 .92S SO on
December !. 1898, without considering
those In private institutions of like
character. IL can not be reasonably sup
posed that there was In the entire state
on January /. 1898. all told. only st4.-
25.ISi-being an actual decrease OF
tl3S,sbO from that rendered In 1890 n
other evidence were wanting 20 com
pletely overthrow the presumption that
the rendition Of money In 1895 was cor
rect, an appeal might be confidently
taken 10 the daily press during that
year In whose columns were 20 be- found
many advertisements by loan agencies
such as this "A large amount Of mon
ey on hand 10 take up and extend pay
ment Of purchase money notes on farm
Ing lands az the lowest rates Of inter
est prevailing" 20 say nothing Of mum
berless published Offers from indIvld-
uals 10 lend upon safe security. limited
amounts OF money ranging from one
thousand 10 fifty thousand dollar-
Were more required % De said upon This
particular subject. allusi0n might %.
made 90 the tax rolls OF two of th.
richest and most prosperous and p10r
lous counties in the siate-iu ono u.
which not one dollar beyond that own
ed by banks. bankers. brokers and
stock iobbors was listed f0r tayau~
and in the other but three hundred =
lars
A. t1 the assessment ~ marahauIIr.
m 1895 f0 fhs extent ~ f1iGff.ggI. d..
inr 900 increase only OF 52.3i4571 over
thar ~ 1890 nothing further needs Do
said than that during that year the One
surance ln ibis tate upon such char.
acter ~ property covered more than
SIS U.I UHI