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Taxation To Pay Interest

Taxation To Pay Interest image
Parent Issue
Public Domain
OCR Text

1 lie Auditor General has issuco his circular lo tho board of Supervisors to raisc lo meet the inslalment of interest iiow due, the sum of 52,621,10 to bo levied on the valuation of the state, which is 828,922,097,22, orone mili and four fifths on the dollar. A similar otnount must be levied lo meet anolher instalrnent in July next, making iho tn. for the ycar' for this jwrposc, about 3 3-5 milis on the dollar, or 36 cents un cach hur.dred doliars vahiation, or -SiGO on a farm a.sseseed t Sl,00ü. We doubt wheiher the people wül be willinrj to pay this nmonnt iov niany ycars, wjien b}: selling tho voads, .tliey can have all tho benefit of them they now have, and pay nothing.