1
1
t
E .XVL - -NUMBER 21.
VOL
THE
ER JOURNAL
POT
PUBLISHED BY
cAlarney, Proprietor.
A.R, IN VARIABLY IN ;A/WAAGE. -
P Y
!d to the catme of lleimblicatism,
Pf Agriculture, the advancement
, and the hest . go,bd 'of Potter
fling ,no guide except that of
• ill =denser to aid in the work.
Freadomizing our, Country.
.* *Devot
*
the interests
of gduention
county. Owl
Principle, it
of more fully
ENV; inserted i‘t. • the following
where special bargains , are made.
' I lines) 12 insertion, --- • • 50
-•-• 3 " - - - , $1 50
ADVERTISE l '
rates, except
k'Squaro Flo
raelsabseqn
1 Sqaare titre
1 . " six
nine
" one
.nt insertion less than 13, 25
months, 2 50
'4 00
5 50
6 00
20 00
10 00
7 00
- - - - - - 4000
year,
_months,
(t
Column si
U ---
OEM
MO
qo " -- - - - 20 00
m's or Executor' Notice, 200
Lds, 8 lines oileis,per year 5 00
iditorial Notices; per lino, -10
insient advertisements must bo
Ice, and no notito will be taken
neuts from a dig fiance, unless they
I dea by the money or satisfactory
41:1 * *Illankq,
tended to pri
.Administrat.
Business Ca
Special and
* * *All tr
paid in adva
of advertise
are accompa
reference.
1, and. Job Work of all kinds, at
unptly and faithfully.
BUSINESS CARDS.
'Free and Accepted Ancient York Masons.
EULALIA.LODGE, No. 342, F. A. M.
STATED Meetings on the 2nd and 4th Wedne
sdays of each month. ' Also Masonic gather
ings onevery Wednesday Evening, for work
and practibe, at their Flail in Coudersport.
C. H. WAREINER, W. M.
A. SIDNEV LYMAN, Seey.
OIIN ,S. MANN,
ATTORNEYI-AND COUNSELLOR AT LAW,
Coudersport, Pe., Till attend, 'the several
Courts in ilotlerand 31' Kean Counties. All
business entrusted in his 'care will receive
prompt attention. Office' corner of West
and Third streets. , •
ARTHUR G. OLMSTED,
,ATTORNEY & COUNSELLOR AT LAW,
Condersp'ert, Pa., will attend to all business
atrnsted to his care, with premptnes' and
tielity. I Mee on Soth-west corner of Main
and Four h streets.
ISAAC BENSON.
. •
ATTORNIT AT LAW, Coudersport, Pa., will
attend to 11 business entrusted toitini, with
care and p ruptneSs. 011iee l on Second st.,
near the Allegheny Bridge.
F. W.. KNOX',
ATTORNEY AT LAW, Colitlersport, Pa., will
regularly attend the Coutts in Potter and
the atljeining• Counties. 1.
b. T. ELLISON,
PRACTICING PHYSICIAN, Coudersport, Pa.,
respectfully informs the citizens of the vil
lage and Ilicinity that he will promply re
spond to all calls for professional services.
'Office •on.ln st., in building formerly on
by Ellis, Esq.
& E. A. JONES, -
DEALERS L -DRUGS, MEDICINES, PAINTS
Oils, Fanc„t t Articles, Stationery, Dry Good:,
'Groceries, Main st., Coudersport, Pa.
E. OLMSTED,
DEALI:R'IN DRY GOODS, READY-MADE
°lathing,Giockery, Groceries, &c., Main st.,
Cottderspcqt, Pa.
Cpl.:Al - ANS SMITH,
DEALETL in Dry Goods,Groceries,Prmisions,
Hardware,' Queensware, Cutlery, and all
Goods vsuidly found in n country Store.--
GaudcrsiTo.t, Nov . . 27, 1861.
COU I ERSPORT HOTEL, ,
O. GLASSMIRE, .Proprietor, Corner o-
Main and Second Stree4, Coudersport,
Pot
ter Co., Pa,
ery Stable is also kept in connect
1: Hotel.
A IA
tion with thi
3. oripasTED, .
I.TOVES, TIN L SHEET IRON
din st., nearly opposite the Court
dersport, Pa. Tin and Sheet
ade to order, in good style, on
DEALMIN
;WARP, M I
Rouse, CoI
Iron Ware
short notie;
• J. C. II'ALARNEL
R & DIcALARNEY,
M. 11. 11:ILL
pion6:l4
ATT
HA
IRNEYS-AT-LAW,
RISbURG, PA.,
or tho Collection of Claims
he United States and State Goc
h as Pension, Bounty, Arrears
ddress Box 95, Harrithurg, Pa,
GENTS
ntainst
ernments, 1311
ofray &c.
ounty and War Claim
'Agency.
Pension
. procured for soldiers of the
ar who are disabled by reason of
ived or disease contractracted
service of the United States; and
nty, and arrears of pay obtained
'.r heirs of those who hare died
d while in service. All letters of
tly. answered, and on receipt by
, ternent of the case of claiinant I
the necessary- papers, for their
Fees in Pension cases as fixed by
ES.—lion. ISAAC Bcxsox ' Hon. A.
J. S. MANN, F. 1 1 7. Knox,
' DAN BAKER,'
Claim Agent Couderpori Pa:
June 8, 'O4Y.
INENSION'
present
wounds rer.,
while in the
penslons, hol
for widows
or been
inquiry pro
mail . ofe, st
will forrfar
signature.
/mw.
REFEdEN.
G. WWI
E sq.
4SSOCIATION,
HOW
PAILADELPRIA, PA
B' S of the Nervous, Seminal, Urina
ry tine sexual sy stems—new and reliable
treatment inreports of the HOWARD AS
SOGIATIOIIsont by mail in sealed letter
envelopes, free of charge. Address, Dr. J.
SKILLIN OUGHTON, Howard Association,
Fo. 2 Sent Ninth Street, Philadelphia, Ph.
jy131864
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tFor Tllfl POiTEE. JotaxAt.]
DitpAluarirG.
Sittig and weaving a golden dream—
Miilding a life so worthy and trtio
That; the sinless angels up in heaven
Might sigh in envy of you l ,
I
"00 of the wrecks of the past," you say,
"Out of the gloom and chaos of night,
Shall the future grew most grandly wrought
Aid shining with purple light(
And; day after day,"—your eyes grow dim
•
With. a grave, fflr-reaching lOok,--
_"Shail write some holier . p_rirpose reached,
•
On the page of that glorious book 1"
So you sit by the little window again, •
Dreaming out itj the starry night,
Framing anew, of your gblden hopes,
" A eastle wondrous bright I
Alt no, this strange mirrage of Our life I
In 4he moonlight's tender shine,
The dreariest shallows around us grow
Into forms of beauty divine I
And in the light of your eyes, my life .
Seems melting into a mist
All throbbing with floating silver stars,
And blossoms of amethyst I
And around us the winds of summer drift,
The odors of fir and pine,
And
e ver abovcus, the faithful stars,
In the blue sky mistily shine;
And,, up through the infinite calms of the
night,
Our dreams drift golden and fair,
And Change, at the shining gates oiheaven,
To;an earnest wistful prayer 1
ETA.
SPEECH OF
lion. A. G 4 OLMSTED,
•
R'F.",VEDIIII:rE BILL.,
bt the ir,TlOuse of 1 . -Zepresentatives, of the
Legislature of .eennsglvania, on the
15th, of April, 1864:
Mr. 'Chairman, I do not propose at this
time to, enter into :anything like an ex
tended, &scission: of the questions in
volvedith() subject before the commit
tee. I de not -profess to be learned in
the difficult problems of taxation that,
press themselves !upon the attention of
the public at the present time. I have
no hesitation in saying that I should favor
the amendment Irbil has just been offered
by the kontleman from Montgomery, were
it not for ',the constitutional prohibition
that seems to bo in the way. Aside from
the constitutional restriction on the sub
ject, the tirundment seems to be but fair
and reasonable ; and the argument which
that gentleman has made upon the sub
ject is such an argument as the subject
itself is capable of, and one which, inde
pendently of the restraints of the Consti
tution,.it would be very hard to answer.
But, sir, if the Constitution, as the courts
have decided, prevents taxation in the
manner provided in the amendment, then
it is utter folly and unbecoming in us as
legislators to adopt the Amendment, and
itAs a Waste of time to discuss it. The
retharkS, therefore whichi shall make at
this tint° will be directed to the bill be
fore the committee and the amendment
offered iby the gentleinan from Lebanon
(MR. COLEMAN.)
Now; sir, there is a general impression
throughout the country• L-an impression
that has been growing stronger for many
years—that real estate is too beavily bur
dened with taxation. This sir, is the be
lief ameng the messes of the community;
and althouzli it has become somewhat
unfashtenable of late years, in these halls
and in the halls oflegislation everywhere,
to say Much about.the people or the rights
of.the people, yet this House will excuse
me for killuding to them in this connee-
Lion. I.,say, sir, that it is the impression,
it is the well grounded conviction, of the
intelligent yeomanry of the country that
the bur'dens of taxation are not equally
imposed ; and I Ibeliove no intelligent
man whatever hie; pursuits or interests in
life map be, pretepds to deny:the correct
ness of: this conclusion. The practical
question now before us is, whether this
state oflthings admits of a remedy.
It is .easy to see, sir, how this state of
things has come! to exist. When gov
ernments' were' first organized, and sys
tems of (taxation were first instituted, the
attention of the world was turned almost
exolusiVely to agriculture. It was nem•
sarily the great source from which reve
nues were derived. Commerce was in its .
infancy ; aggregate capital in railroads,
banks and'other corporations was unknown
and undreamed of. Consequently , taxa
lion 'Wag visited upon real estate, the only
source fioni whichirevenues for the main
tenanoe of governments could be . derived.
But sir,ia different.stato of, things oxiiits/
now. Gradually We have reached a point
when our own,State alone has Itwonty•six
millions'of dollars of banking capital and
one hundred and !sixty:two millions, as
near necan be ascertained, in railroad cap:
ital, besides, a vast amount of capital in
vested in other corporate onterpriSes.—
And as the Wealth of the country has in
ereased,Ahere hatilbeen a corresponding
increasOn the expenses of Government.
Now, 'sir, notwithstanding the gigantic
wealth of the corporations of this State at
Qe,bote,o fo
. 11)o ~ I "i•ilicif4e. 3 of lit,te: @chloehpi" qRD lip .isciltiri4 - ,lion of . IVoillify, Ir..ifehit'fri,.',..:4o lie*.
0?,1 TIIE
COUDEB.SPQAT, POTTER_ COUNTY, PA., WEDNESDAY, AUGUST 24, 1864.
the present, time,l the great burden of
taxation is.still borne by real estate. We
have extended Somewhat the sources of
taxation; but oar departure from the
original state of things has been slow.—
It takes a very long • time, • sir, in this
country, and in alit countries, to inaugu
rate :anything like reforms br radical
changes;-and this question of taxation is
onts c of the . meat difficult problems which
a free government has to solve. .Butoir,
as I before remarked, we have extended
to some extent the subjects of taxation.
Perhipirwe tax our banks to as greet an
extent as it is 'Mi l ey to tax them: The
revenue froni the banks to the State for
the year just passed was three hundred
and twenty seven thousand dollars. This
equals thirteen and one-half mills to the
dollar. j 1 •
Now, sir, I disclaim, in this discussion,
any disposition to tax one interest' of the
State beyond , another, or to impose any
undue taxation upon railroads, or any
other interest of the Commonwerlth.
know of no_reason why I should enter
tain any such purpose. I have no feel
ing of malice, or vindictiveness towards
any of the railroad of the state. We are
all interested in them. The groWth of the
State, as has been stated hero this after
noon, has depended much upon them.
They have have added largely,to the wealth
of the State. Our commerce is dependent
upon them. Their interests are interwo
ven with every other interest in the com
monwealth. Butsir,can any, man here pre
sent a reasonwby they sliduld not beqr a
portion of the expenses of carrying on ft'.
State goverment ? They are creatures of
the State; and the 'State should govern
them and not they govern the State.
I have said, sir, that wo have already ar
rived at a period when we tax banks as
much perhaps as it is policy to tax them;
and the time will come, I trust when we
shall require the railroads to bear equally
with all other interests the costs of mu
tual protection. It will come, sir, unless
the railroads are so' formidable and pow
erful as to oxercis& an absolute controll
ing influence over the legislation of the
Commonwealth. Whether that time will
over oomo or whether it is already hero,
I cannot say.
I have said that the impression is
abroad in the country that real estate, at
this time, considering the changed con
dition of affairs, the enormous capital now
directed to other Purposes, and the in
,crease of local taxation, is burdened far
too heavily With , taxes. For several
years. sir, the Legislature has been dis
cussing projects looking towards equal
ization ; and yet ive have no practical re
sults.
We have been told, Mr. Chairman, at
this session--we were told at the late
session--that a bill providing increased
revenues would be passed. The neces
sity for additional revenues In this State
is admitted by all persons who examine
the subject with anything like intelli
gence. We muse have more revenue.--
The demand is ire Graeae. With all our
increased individual wealth, and our as
tonishing indivicl.d. prosperity, absolute
tares us in the face.
ay this matter; it is
nal. To increase the
ate we must increase
plain; simple question
.r we shall impose still
real estate, already
t is, or • whether we
axes from the railroads
o interests of the State
entirely free from tax
ession is, that every
I . sties and fairness do
.
cssary increase of rev
nod from taxation upon
I. for this Legislature
State bankruptcy
It is folly to do
worse; it is trim
revenues of the S
taxation ; and the
upon us is, whetho
greater taxes upo l
overburdened as
shall derive these
and other corporal
that now go almos;
ation 7 My imp
consideration of j
mends that the ne!
enue mnet be obta
railrois; and it
nab a coarse shall b 9
to Bay whother
self, I aonfess that I
For m
pursued
that wo shall bo able
have no great fai
We. were informed
to accomplish' i
repeatedly informed,
'e passed accomplishing
A carefully and well
here last winter
that a bill would
this desirable end
ared by commissioners
Governor for that es
upun our files through
.ion, unnoticed by the
nt in these halls. It
o other evening, when
bill was under oonsid
tifimaion for a general
:, that a bill would be
.ion that would provide
, se' inorcased expenses
railroads.
ed thee, by the Chair•
mitteo of Ways and
digested bill, pre
appointed by the
peeial purpose, la . :
out the entire see.
party then detain ,
was urged here, t
the appropriation
oration, as a ju:
increase of salaries
passed at this sos
money to pay tho
by taxation upon
Wo wore iufor
man of the C,
, ommitteo had already
Moans that that
~
, tng tho gross earnings
,us two per cent. I took
':n .what I regret to say
•d very muoh whether
at this session, to pass
we should realize any
Imo of taxation from
1, sir, the Commitee of
• ave reported, or rather
on led to beliov.e that
.vo -reported a bill for
cli a bill is upon our
.
reported a bill to
of these eorporati ,
oonsion to say th
now,
that I doubt ,
we should be able
any law by which,
considerable iner,
this source: Wel
Ways and Moans
this House .bas 1)
that committee h,
that purpose. S
files, and is now before this committee
for consideration. It bears all the marks
of a bill regr4rly reported by that com
mittee. What do we see ; sir Y The bill
is brought np for Consideration by the
chairman of that distinguished commit
tee, and we find to our utter astonishment
that tho chairman is the only 'member of
the whole committee of fifteen members
that - thus far favors the po.ssage . of the
bill upon this floor.
,There may be othCis
that favor it; I do not propose 'to - speak
for the whole committee ; but after hours=
of discussion, bat one individual so lar
favors the bill, or rather the section of
bill that imposes taxation upon railroads.
Now, sir, this is a little remarkable. It
was stated here to-day that it was very
common for committees to report bills in
regard to which all the members of the
committee were not agreed; that they
report them . for the purpose of getting
them before the House.
_That is true
enough ; we . all see that every day; but
it is remarkable and unusual for com
mittees to report bills with an affirmative
recommendation, when all the members,
save one, are hostile to the passage of
them when reported.. It is not usual in
legislation, and it is not fair towards this
House. Vlion a bill emanates from so
grave a committee as .this . one, and is
placed upon our files, mon of less inform
ation 'on these subjects have a right to
suppOee that it has received the &maid.
eration of the committee, selected as it is
from 'the House with direct reference - to
intelligence upon financial questions, and
-the House has the right also to suppose
that at least a majority of the committee
favoi the passage of the bill. .- But we
learn to our astonishment tha reporting
committeethis bill the have •mply been
tc
"paltering with us in a don le sense,
,
keeping the word of promise to the car,
and breakir , it to the hope." This bill is
utterly male s, 'so far as the sanction
of tho eommitt e is concerned. Sir, if
they had "negatived" the bill, it would
haven been fairer treatment towards the
House. 1 ,
Well, sir, this bill proposes to impose
a tax of two per cent. upon the gross re
ceipes of railroad companies. But as soon
as the bill is called up, we have an amend
ment offered by a member of the core.
mittee that reported, it. Now bear in
mind, Mr. Chairman, that the attention
Of tins country ie directed at this time to
'some' system cf itaxation upon railroads;
—directly upon railroads ; that is the
.1
persistent demand of those that sent us
hero,' so far as I know anything of their
wishes. We have a bill before us that
proposes such taxation,' and , ,an amend
ment is .offered which 'changes eutirely
the character of the bill ;..it simply im
poses taxation Upon tonnage and directi
the railroad companies to collect it from
additional charges *Upon freights. It is a
cheat and a 'delusion. Sir, the gentleman
from 'Lebanon, 1 (111r. Coleman,) who has
(Adored this amendment, is thrusting al
base born bastard into'the cradle of the
lawf4l heir. The people have asked :'for
bread, and he would give, them a stone.
Sir, it is not an amendment to the bill,
but it is the destruotion of it. The peo
ple have said to usy, "We aro too heavily
taxed already ;•'make up such -additional
revenues as aro necessary from taxation
upod,railroads and other corporations,"
and We have a bill' before us looking in
that direction, and an amendment is of
fered:, which simply puts additional bur
dens upon the people and leaves the cor
porations untouched.
New, sir, the amendment may be better
than the original bill ; it is undoubtedly
so in 'tho present estimation of a majority
of the Committee of Ways and Means;
but I hope no 'man in. this House will
attempt to deceive himself by even call
ing it taxation upon railroads. Why
should thisi amendthent be adopted, and
why shmild nOt, the additional revenue
which we must haVe bo derived from the
proper source ? '
I have already 'remarked, Mr. Chair
man, that the railroad capital is ono hun-,
dred 'and sixty-two millions of dollars.—'
This 'enormous capital paid in taxes f..lr,
the Past year, all told, but tho sum of
two hundred and nine thousand dollars—
less than one mill and I a half upon the
dollar. Twenty-sim millions of dollars in
in banking capital ,payS three hundred
and twenty-seven thousand dollars in
taxed into the State treasury, while ono
hundred and sixty-two millions in rail.,
road ;capital pays but two hundred and
nine, thousand dollars.' And how is it
when we bring real and personal estate
into the comparison ? Let us see. The
entire assessed valuation of the State is
six hundred millions of dollars; and from
this assessed valuation for the past year
at least fifteen millions of dollars iti taxes
have, bean collected, including State and
local' ,
taxation. Now, bear in mind, Mn:
Chairman, that the one hundred and
sixty-two millions of the aggregate amount
just stated invested in railroads nays but
two linn - dred and nine, thousauil, l loiLiii
of' thi4 whole fifteen millions, and the
gtoas inequality of our present assessment
of takes iajtoo palpable to be the subject , for making these collections, and require
of discussibn.: And does any man upon: them ;to give bonds, with sufficient sure
this floor ;doubt but this is Wrong and : ties, for the faithful perforMance of their
that it.ought to be remedied, and that; duties.
speedily? IDy referecce to the rePorts - : Mr. C9LEmAN: The expenses of col•
of the scvrisal railroad companies oil the lection is the very thing II "wanted to
State, as =de up by "themselves; it Rill avoid.. I • wanted' . to colleet the tax as
be seen that their receipts for the Past' cheaply as possible.. -
year eiceed - their.e±ponses nearly twenty i Mr. OLNSTED. -Well, then, the amend
millions of dollars, a sum equal to twelve {merit has so much merit and. no 'more.
percent, Oleos profit upon the entire in- llt makes the railroad cempanies tbe 4l / 4 1 . 11-
vestment. ; :Now, :sir, - thebanks "ofi the:l doses that 'carry Alio bag.", ..They l itte
Commonwealth for the , past year have made' tam-ccillectors, 'without;:deinpiiiisti.
declared.disidends ranging from seven to; tion, and without'. giving isoiids. : They
'eleven per', cent.: They•he7ve -paid intat-'do serve tho: State; that giies them-their
ation thirteen and one-half mills to the; franchises and their power to that extent,
dollar. 'While the net profits of . the and no farther under this amendment. ,
railroads have boon equal to twelve per I But it is bald, sir,lhat a Sax upon iross
cent., they have paid in taxation one and earnings op6ates aneqUally and unjustly
one half bills to the dollar I Can muy i upon the railroads themselVes. • The gen.
man claitni that this is an equitable dietii- i demon frourThest or (Mr. Smith) entered
bution of the burthen of taxation ? L into • a labored and elaborate argument
But, site, when we take real estate into :this afternoon upon this point-an
,argn
acaount, this inequality becomes still Moro meat utterly fallacious so far as applleii*
glaring. In many counties of this Com., hie to railroads alone. It is: said that
monv,Taltin real estate is taxed for State ; while the gross receipts of two roads may
„ and local qmrposes to an amount fully •be equal. one May make money Ind the
equal to three per cent. upon its asail?Fed osier lride hard work to avoid absolrite:
valuation ;in some counties even ruore!baukro.ptcy. lint the same argumenti
than that :; and the best iaformation that, can be applied with equal force to banks
can be obtained upon this subject, shows and to every other taxable -interest in the
that this; enormous taxation uponi reallCommomprealth. A and B. own adjoin.'T
estate results in the absorption of at lost ; lag farms of equal value. 'While A makes
sixteen per cent, of the entire agricultural i money from his farm, B runs behind, and
products of the State in taxes—sixteen;yet the farms are taxed ecially. No in s , , ap s
per cent, of produce, sir, while the tax ' nuity can avoid this state joy things: At
upon the products of railro.adsis counted ; is idle to repine and split hairs upon„tho
in mills; lass than a fifth Of one per cent I ; subject; it cannot be avoided. The man
Thus the indispuMble fact is presented : wiad manages his affairs' properly and
that iavehtments in real estate have to ' adrei:lY will make money, while' thoso
bear much more than a just prosolttion ; who Monona improperly and \ carelessly,
of the heathens of taxation. The monis:as - bother individuals or corporations, - will
takable cfieet and tenancy of this ;state; not succeed.. The um:dim:inn does, net
of things,lis to drive capital from 'divest- rasopose to change the\ otheral system of
cant in seal estate to investments ci a, taxation in the Commonwealth be iso
speculative character. Sir, it is ootorious this is se - . No universal system of t xa
in 'many rural sections of the Sate, tit do n• can be :'opted that will not oper
, - . . ,
r id man e a r , a ff or d to h a lo ree l e s t a te a nd
,unsostiy in particular cases.
pay the taxes that are forcsd uponsio— I . Etat it is said that taxing gross receipts
It is My ,opinion Ilfr. Chairmao, that. ,:s not the best. Method brtaking railroads.
considering the Levy taxation now n o : I Perheps it is not; sir; but 'What system
posed upon real and personal prs;;•.trty f.;..,er.n 1..?. devised that will got be open to
county, tdwnship and sonoul purpose:, the; co,jcotiJa from some quarter? I knosi
.revenues knecessary to support the 'State la P.C.111.0. Can any gantlets:Oa furnish es
government should be Lb:lived- melon.. ,such a oyetoni ? Some One has said )
from ccrphrations ; and upon this point s: doringthis debate, that it is better to tax
cosse t do b e tt er th an to nuo:',2 from the '
ralialad'SlOCl: j but how will su \ ch taxa
report of the commissionma aopoiotesl by ; .itm operate'. Many of those companies
the . Goveinor to revise the revcaue laws,' have no stock basis whatever. _One rail
in pe.aaanoe of a joint it:solution of * the! read company may have a capital of "mil
:Legislature at the session of ISO'.!, : ' I I:ous of dollars, and, the capital stock bo
"COrpointions in this State"are very 2:1 helj b y shareholders. In such a ease
t..he stock could be taxed without difficulty.
nutuerousland very powerfuL They has:, i
,gut allot:11er, company of equal wealth
not only drawn within their cootrol as
and capital my go into operation under
immense amount of capital, but they kayo-;
system entirely.% Instead of
drawn within their power the entire c01:11-: another
memo of the. State. Almost, eve:ray:lino issuing stock to shareholders, it issues
and instead of paying dividends
is now made to contribute to the rove- - 1
",heads, as,
flues of those corporations. Yet c; laic, u; e ii to ch . ,it. pays interest upon bonds. ina
to their intangibl charactes; it is
‘... aiy.; ;:itsatl of stock, it would halve nothing lent
e
yet be a prosperous, -
diffieult te . adopt a general systrr , or! t v ... 1 . : . 1 Indebtcducss, and
road. There is'no reason
bl o
ation applicae thereto. Te franahiscsi IXIC ' 3c Y ' flakin g
of cerporaons:aro propc:ty and thelegit. j woy t!so roads conduct inssOthcir busineas
l ti
innate subject of taxation. In axing a I thus tillier s eatlY should not pay the same
these ennser s isiny l .L anleunt ci tax upon the same amount of
tax upon oorperations,
Yet a s,Tstem of;taxation upon '
privileges ; their franchises, enstitute tic 1 L ias ' ness '
grelnds of the u n ,,,,,,.. wes s n in s I stoo:a. - - would tax the one - and allow the
:first
ether to eecape without taxation. Well,
claim to eontribution, and la: that con-,
in favor en aurae . tae also _proposes to tax dividends
slats her fight to disormains:te
eneeirniai ions I of rioiroacls ; and yet a company organized
the nubile. The property
ni • at:I:hoot stock declares no dividends in
is within the reach of rho author - ,tv
the legal .aeceptation of the ter, and
the State. ; Now, in order m
er to do inaiee i
would avoid taxation altogether under
° cultural interests and the own
to the agricultural 1 hod.
era ,of real estate, the 1102.:11.10::'.7C2.111./ suan a met
should leek to this kind of prooesty tut a: 1::Iall assail "inn its frland3 and ad "'
large portion of the reVe one: no system carshe devised that
llin r: ;;ask-:, uS
f o:l t l ' S,
lan argument cannot be made:tigainst
State purposes." 1 lin enduavoriug to a4oid ".seylla," we fall
NoW, Mr. Chairman, the first secoiou iota "Cfaorybois,"—are thrown back— •
of the bill before us imposes 'taxation " f i f ' .. , .k I Clow 1.1 - bolo - ecn the trap, and aceorn&
two per cent, upon the gross receipts of plish nothing. Meanwhile; the real end
,railroads.f The amendment (fendor th e e oon it -I I pe,..,0„ m
1 property of the Commonwealth
tleman from Lebanon chooses t ail Igrzans under a bard= of taxation that
an amendment) proposes to tax freialits.• mid , the vast capital '
as follows: Products of mines, two centsl
is
ny i e n s sl teTi P i rtab
uth lc es ' e institutions pays Lb: .
per ton ; products of the forest and agri-1 tribute to the State that solve, them '
cultural products, three cents per top;; • '0
and i eso i st h eiSee,
.and still gives them Protection.
and mefehandise five cents per ton ; opa l , oir. Chairman, that ti:e amend
authorizeS the railroad compaulea to col- l ' lnent _nil. not be adopted, and that the
lect this tonnage tax frOm those furnish -I priutod Hill will become a law. I Ithow,
ing the heights, and- pay it - over to the: Mr. Chaiomsn that lam t-1-- tita
State Treasurer. ' This 'proposition sir,lnenepui'n.;-s-iiie' n•
n ef the wiestienn i d ui ; epus
except so far as it relates to merchantltso. 1.,1.-s,_, far .?-3 the i moneyed - interests of the
gm ply casts additional taxes upon real Joisuten ,. wealta are•concerned. but, sir,
estate. To tax the products of real es
tate is but another name for the same ''t'iia. toiling minions of the E' ''' te ' the
tiers of the small farms, and the imputes
thins.. It simply affords' a pso - tea t behind '
and
under ,of I.le workshops have an interest in this
I which we may take re _fuse, a qui:stion and tiles he represented.
'poor cover fight and Lill what we dare n em. - . rs'h ey a equal taxation, and
not makeiopon and manful war v.oaiust- I . ' 's sic-for •
Thc friends of this amendment sa3 - 'it will ' t " c ": P ra Y cr sh°sld be g r ''' nt . °l
I
put morolmoney in the treasury.than the
, s ;,Too austere a philosophy makes lot
printed bill. Very likely it will •, I can- ' •
: wise men; too vigorous a gaVernment Pitv
not say it will not. But, sir, it does •not I
:Impose . . 000 d subjects; too harsh- a ' ieligion, ' f ' evi
taxation where it ought to•be lm-{'
devout souls; . incan that will contiuue se,
nosed. t simply does indirectly what for nothing is durable that is not suitable'
we might as well do directly, increase:l -
t 0 nature.
. •
,oar rcveilues by increased taxation -upon 1
real estate and leave the railroads :Anti
If a Yong woman's dis-srontisTs i s
I
{untaxe
ailroad It males the d. It'has thisco mPan merit,
ies tax however
gate,.''oss:
'gunpowder, the sparks should be kept
r
• 1 ,
I erers, instead of collecting taxes; .in the;awa - y
. .. n . from bar.
ordinary ;way, ,by collectors appointed by I S l- ;].Tiany avoid' otherfrbe i a.oi n m: the
_ Y.
i county o cmmissioers. I onl !wonder : a ss
not and know ototmselvea
that the ienqexn" an n from Lebanon
:did not I s
..._,,,n0 he
{ incerporato . .l section in his amendniept tot THE MOST CUItiOUS iTI3INu
l pay the railroad eompanies five per cent. 1 Mart who is not etirioits. - -
DEE
•i
)5,
- ,r c:6 -1-j,)...7)
TEREI3,- - -$1,50 -PER , ANNUM'.
El
13
Fll
U
I
Li)T',
2E53
- A ,•u