Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1902-01-10

think, Is true. but It should be remembered
that during the last. year permanent i'm
provements were made, costing more than
100000 Thus 1t viii be seen that the
necessity referred to can be cared for with
out increasing the amount of money to come
Into the state treasury next year. Even
L our system of taxation should remain as
1t Is now, the rnte of taxation should be re-
duced by this general assembly
On account of the reduction of the fund
ed debt Of the state on the 1st Of July, next,
by the sum OF S250,000 and of it's entire
extinction on the 1st day of July, 1903 and
the consequent reduction In payments for
the mg6 Sc levy for sinking fund
dollar of valuation OF taxable property. may
be reduced by nearly one half, or to 1900
OF one mill. This reduction is Imperative
because if Ii Is not made, money will be
paid into the state treasury to the credit of
the sinking fund for which there is abso-
USE be anf ohy why 5h
that the lrreducible debt of the state re-
mains with us forever and money must he
provided with which to pay the annual In
terest upon 1t.
The irreducible debt amounting to S4,6s4,-
1"6. .O0: needs word of explanation. In the
were donated by congress to the state for
school. ministerial and university purposes.
Jhey were afterwards sold and their pro-
ceeds paid into the sinking fund, with the
Understanding that the state would forever
pay TO the benefclarles Of these lands q
per cent. interest annually upon the moneys
principal of the debt should never be pay
able, The money so received constitutes
the lrreduclble debt of the state.
During the last year the total valuation
grand duplicate of Ohio has been increased
by nearly $135,000,000. The present rate
OF taxation for the general revenue fund Is
one mill and four-tenths Il 4-1O) of mill
on each dollar of valuation of taxable prop
erty. This can be reduced to rate OF one
mill and three-tenths / 3-10) of mill, and
i aeNn. f.H fhA lAn n.AA % elna nj
revenue fund n sum slightly larger than the
amount secured under the old valuation by
the larger levy.
The present rate of taxation for the state
common school fund Is one mill upon each
dollar of valuation of taxable property.
Under the new valuation this rate may be
| reduced to nine-tenths (0-1O) of one mill,
and stlll produce u sum nearly equal to
/ that derived from the larger rate upon the
| old valuation.
/ | suggest, and recommend as earnestly as
] can, that these reductions in the rate OF
| taxation be made by YOU If this Is not
! done, the taxpayers of Ohio will pay into
by more than 100000, than was paid by
| them last year.
PENAL, REFORMATORY AND BENEyo
LENT INSTITUTIONS.
In this subject l include the Soldiers
and Sailors Orphans home at Xcnla, dnC
! the Soldiers and Sailors home ut Sandusky
| although they are not, strictly speaking
penal, reformatory, or benevolent institu
| tlons. ii Is not an act of benevOence upoI
the part of the people of the state OF 0hiC
TO care for the welfare of the people whC
are In these two institutions, but to do S,
Is an act in partial discharge OF deb
which We owe to our soldiers and sailors oil
account of the great services which the.
! rendered to the country. Seventeen insti
tutions Will be included In the discussion
of this subject
For their benefit during the last yea
the state expended the sum OF SO, 2Jl .310. 90
or this amount, the sum of S5bl,O36.S3 wa
used for new buildings and permanent i'm
provemcnts, while the sum of Sl9S0lG4
was paid for ordinary repairs. All othe
expenditures In their behalf ought to b
considered as their current or ordinary ex
penses and these amounted during the las
year to S2,i92, ,3GO.Gi.
OF this last sum S9Si,116 were paid 70
food products consumed by the inmates an,
permanent employees OF these institutions
The remainder Sl,5l1, ,l50.Gi, was con
sumed in paying for clothing of the inmates
the salaries OF officers, teachers. attend
ants and guards, and all the other ordl
nary expenses
In order to show the per capita cost o
these institutions more In detail, l appen
the following table: