t-'l
TliE 3I0UTtiA(it TAX LAW.
The hue and Cry i heard throughout the
state that the mortgage tux law fchull In
repealed. Thcte who are calling loudly
(or the repeal are making known through
the press the reason (or thi demsnj. The
first is that the law Is of no benefit to the
borrower for the reason that the mortgagee
always stipulates in the mortgage tl.at the
borrower shall pay the taxes. Herein U
much weakness in the case presented b
those who demand the repeal of the law.
The mortgage tax law was not enacted
for the purpose f piotr.oting the interest
of the borrower or any other particular
c'.asfc of people. After some years of ex
perience in the state, It was found that ag
ricultural comm unites whose greatest
wealth Is In their farming lands are the
greatest borrowerand thai capitalist who
loan money on these lands do not, as a rur
live in the communities where the land
are located, but live in the money centers.
Viow, under our system of deducting In
debtedness In making assessments, a very
great Injustice was done under the o'd law
to a Urge portion of the tax payers of thee
agricultural counties. It happened in this
way: Assessors for years have been as
Basing lands at frcm one fourth to ore
half their value. This in the face of a law
that requires that lands shall be assessed at
their true cash value, A man having a
farm worth $S,ooo borrows on mortgag
$3 ,00 from some capitalist outside of his
county. Shortly after the assessor ap
pears and assesses tin hind, placing the
value at $3,000, where upon the owner
claims a deduction of $3,000 on account of
the mortgage on the place. This being
allowed it leaves the owner with no taxes
to pay on this land. The mortgage, if
owned by a man in some other cour.try,
would, (if the mortgage tax law were
repealed,) be taxed in that county,
and thus whatever taxable value there
was in the faim was transferred to
another county to the gre?t injury
of the t tax payers of the county where
the land is located, for, to that extent, it
would increase the burdens of the tax pay.
ersaof the county in which the land was
situated. This Is the principal reason why
the passage of the mortgage tax law was
demanded. Iflhe mortgage tax law shall
bs repealed it will leave all mortgages to
be taxed in the" jurisdiction where the
owner of the mortgage lives.for being per
sona1, property they ivould follow the per
son of the owner. Then all parties living
out of the state, but loaning money In the
state, would escape all taxation on their
mortgages in the state, thus putting our
own money lenders to great disadvantage,
as they would have to compete with those
who pay no taxes, when they themselves
would have to bear the burden of state,
county and municipal taxation. It Is a
fundamental principle of the goverment
of the state that all taxation shall be equal"
and uniform. This applies with as much
force to commut-:ic$ and counties as to in
dividiials. Any law by which the taxable
values of one county are transferred to
another Is violative of this fundamental
principle. This was the principle object
ion to the law as it stood before the pas
sage of the mortgage tax law.' Until
something better than the old law or the
mortgage tax law is offered the mortgage
tax law should not be repeal id.
FOREST COUMISSIONTU.
Editors Democrat :
Whilst there is an cllbrt Leing made to
squander $250,000 of Oregon's money on the
Worlds Fair,it would not he out of the way
to call attention to our forest fires, in the hope
that they may be prevented, c should ere
ate the ofiice of Forest Comm'ssioner, Tie
office to be regulate J by a law of rigid penalties
ndjfair rewards. A law tint limits s'asliings,
needed camp-fires, an J all u'her fues to their
legitimate and economic ire. Our' great
wealth lays largely in Our timber, and the time
has come when it should be protected l y the
State. It can be done and should be done.
Not to exceed $10 co) per annum will save
millions to our state and commercial revenue!.
This is vastly of greater importance than the
World's Fair or the Railroad Commissioner to
Oregon. The latter we can do without, the
former, the protection to our forests, we can
not. Now is the time for our legislature to
act. The timber wealth of Oregon runs into
J'illions, shall we not protect it.?
TlMllER.
cleuuge
fgf TURING JANUARY
IN
Money tu Loan,
Ve have pleniv of Inuney to loan on
peal estate security, on two to five year,
time. Call on us at our dike, opposite
th ij evere hou?e.
Ik'KKII S Izr.XKt.
NEW ADVEKTISEMKN'i S.
Will ciosi out his entire stock of
Winter Clothing, consisting of Suits, Un
derwear, Overcoats, Etc., Etc., Etc.,
-xt-
l.tni.t'ING AND LOAN. -10 . harps In
J 2nd aeries, fur s-lo. Inquire ut Bunk
01 uregfo.
DISSOLUTION NOTICF. Notice i
hereby plven that tho copartnership
"i vuniiK " aijace DBS tfen niKSolv.u
by mutual concent. All liabilities will
be axHtimed by Henry Ohlipg, to whom
ait aecouuiB auoui'l iir
hknky ohuno.
kkank Wallace,
Albany, Dec 24, Jsuu.
rr0 KENT. A store room 22x90 feet,
I euitauieior Lunnei-SLfiuro iv located
For particulars call at the Democrat
u"iu3 vji uii una v i IJUJ.
KNIVES1AND RAZORS,
ley bill raises the value of
considerably, but we have a la
already bought umi prlren wiil
the k&ifo at usual until it is
Come ana see hal we have and Warn
our prices. Si f.waht a Sox
oKl n
tilery
stock
eiiiain
d out
F mill
mr day.
Ai-i'-. KjD nty terms, a aw
capttblo of cutting luOCO ieet
Apply at this ofliie. (170J
B LCCIE and WACOSS,- ,f
ave
ne on
bant and can pive you (rood pric a
Mkw ai'.t & Srx.
BA3Y CARRIAGES.Tur.oortmV
all the time embrftfitiK hood, parasol an
canopy top", and langm? in price frotii
?8 to $40. There iwn'r a nicer lot of "mt
ritronial fruit baskets-'inthe vaUey
also Lave a lew mat we rent.
Stewart 4 Sox.
Fortmilier & living,
THAT (iUKAT SI'KKCII.
List week we supplied our readers u!i
Voorhecs great speech on the tariff. From
reports we learn that it met with a most hearty
reception from our readers. There has been
quite a demand for them. 'c have a limited
supply left which may he had by those who
would 1 kc to distribute them. Call at this
office or send s'amps at the rate of two cen:$
. copy.
Hot.MKS llrwssf Cm, i. Kmc, of Portland
Or., will open Sept. Int. J A W'owo, the
leading penman of the coast, hns lnTonie
a partner in thin hcIiooI ami will make it
tue lending minimis collect'. Siiui for a
catalogue.
0 J. fi?j
"i
-FUNERAL DIISECTORS.
Arterial Embalmiuo; Dona Scientil
Ically.
City ResiauraEif.
Hivinj been entirely rotnodeled. thin oi l
and popular ruHUurant will ho niAile firt
clafB n nvorv respect. Th imblio will Ik
jjiven ond in on! a ac all hourn for only "2$
cent. r;verythini; nwt and attractive.
Privata hox, Oysturi in errv stylo.
STEEL PEIS
2 O Sar.inln I'j.t, (l!ir,-ront pnttcnii. In
a tCn isf.k-i i-lnicii ii'i'i.i. -.,-,
ctut ixnt-iil ju rniii of Jo i:.vi's,
PERRY & Ci' , Lonio;i. t.it.
L'. S. Oftlco. 010 ..rnnjwtr. N-v,k.
GlSaii(!KEV0!AF:i!S,-l,'o911!';r.thw"
live diNpncd of this part of our business,
Thnt's a uiiMiake, We are In it now doepttr
than ever. We have a nlct lino of Martin
and Winchester rftles, and hreechloadini
shot fiMVf rrtiminn tn priccfrnn $2 to ftK,
Alto at: Hie late improved revolvers.
HlfcWAHT V SOX.
IRON AN3 STEEL. r."
atockofbm l. trai. amnion and N r
way Iron; n!so iui"hino, t ol, pick and
.Stewart t Sox
e a vorv larire
DR. ABOR
IS NOW AT PORTLAND, OREGON.
KOIl T1KISK WHO (-A.XSiilT rnsSlilLI CAM TKB.
BU.Nit.l.V, IKIIIK TIIKATJIUXT rl.A('l.l WITH.
1.1 TIIK IIKACII (IF AM, THAT tVK.L lilVS
LVSTAXTAXKIIIIH HKI.IKF ASB A
1'KUHAM'NT lliltii
The most p"c- ly, nositive and perma
nent cure t'orCular. !i of tlic ileatl, Asthma,
til nil Throat, l!rotnhi:il, I.unir. Heart,
Stomacli, I.iver nml Kidney AliVclions,
Keroit De'oility, etc. Consumption, in
ita various slaves, )cnnincnlly cured.
PR. Aiiorn'S ori;irnl mo!c of trcatir.eut
and liis medicated inlml.itions ives in
tantnticrufl relief, Imildi up ari.1 rcvital
ica tli whole constitution nrd systeni,
thcrc!y prolonini; life. Yc:k, nervous,
dchilitaed and broken-down constitu
tions, old and youtur, iuvariulilv pain from
ten to thirty pounds in from thirty to
ninety days.
K. Ahokn'b plicnomennl skill and n:er
Tlou3 curc9 have created the Kraist
Sftouisluueut on the l'acific Coast and
throughout the American continent, dur
ing the past twenty-five years. Asthma,
Catarrh of the Head, and all Throat, Hron
chlnl and Lung trouble 'nstantly relieved,
ami Deafness often cureil permanently at
first consultation. Dk. Aiiorn'S essay on
the "Curability of Concumtition." and a
treatise on "Catarrh of the Head," 1
"a evidences 01 some extraordinary
cures, mailed free. Call or address
DR. ABORN,
rtrl& nl Morzl-io'i SI.., I'orllsml, Ur-joo,
Nor.. Home tr.-iturnt. ..rrrely p.cViit, rert hy
fcrpre-. to all w;tt. oi the F.ictl'c Ccut, lur those wli.
Villi''' pn'.iMy r.-II iit prr.m.
Greatly Reduced Prices,
In order to make room for his"
SPRING AND SUMMER GOODS;
of : which he : will : have : a : large : and : choice : stock
T. L. Wallace & Co.'s
Tor such our would-he competitors will find ft
FOR TWO MONTHS,
January and February!,
"We kick over the traces and cast all luisiness rules tott?
winds, and do business at a loss. Every overcoat 11 bar-xj
to he out of the house at the expiration of that time.
READ THE PRICES: I
Whbli 'II have a I'cmoraliiing effect on our so called competitor.
A $12 Clr.licbiU'i overcoat will go for only $6.
The whole stock of overcoats will be closed. i
at the same x-atio.
All woolen gooda will be sold at cost; consists!
of starts, underwear, etc,
5. i
!
ALLEN BROTHERS,
WHOLESALE RETaIL GROCERS,
CIGARS, TOBACCO, AND CHOICE FRUITS OF ALL
KINDS, IN LARGE OR SMALL QUANTITIES,
IN THEIR SEASON.
Plinn Block. -:- -:- -:- -:- ALBANY, OREGON,
JUST THE THINGS
Don't be in a hurry for your Holiday Goods, such as
wicker mm m nice chis,
A GREAT REDUCTION IN CLOTH!
Fine all wool suits, worth SI"), and sold at other placs';:
Jjlo, will U; sold at 5jjlU, !
I
Fine dress suits, warranted to fit in every respect equal;
as well as your tailor-made, worth 27 "0, will li
closed out for $20, at an actual loss to us. j
AGENTS FOR THE ALSA78Y W00LE MILLS GOODS
Sole Agents lor IIAXAN & SON'S Tine Shoes, j
Every! li isig Wanasikd
-AT-
-FOR-
THOMAS BRINK
Will have the nicest assortment that ever came to Albany
ALL TALK!!
ABOI'T-
Large and Choice Display of
Dry Goods, Clothing, Boots, Shoes,
Etc., Etc., Etc.,
Including many novelties. A fine lino of Sealelte Jack
ets, Children s Hoods, &c, &c.
'Tis a Feat to Fit the Feet, But He Can do it and do it Hoit,'
SUBSCRIPTIONS!!!
For -A.11 tlio Teniliner
Newspapers - and - Magazines,
Itoeelvetl at
F. L. KENTON'S
Cash Grocery Store,
1MM N T nW HP w. carry
nuiiiiuiii iwn k uit nicellneuf
hot.
DowOcr, lnldfd ahellii, rrlriilge, eto.nini
.ill wil at reasonable fliciiroi. Don't for
(rd tin vhtn yon conic to lay In your
wintera aupply of ammunition, to protect
vour rnnnh from the inroadi of- that r'tiy
GEO. W. WRIGHT,
BLACKBUR7. & WRICHT,
Attorneys at Law,
Will pructico in all tl CourU of h.
tato, l'ro:iipt attention Rivon to all busi-
T.L WALLACES COS
THE BIKTIH'LACE OF CHEAT AND HONEST BARGAINS.
Strahan Block,
Albany.
AT COST!
My en ''re stock of Pry Goods, to make 'room for a Is? j
i no of I jots and Shoes and Gent's Furnishings.
pr SKK 1 II.OW SOMK OF TUE LINES THAT AKtf GOIN'a AT COST.i
D.iKSS GOODS, CORSKTS,
CL()AK, . FLANNKLS,
RIBBONS. IjINKN,
GINGHAM, CALICO,
GOSSAMERS. BLANKKTS,
JCall early while the selection is good.
irst street, -:- -:- -:- Albany, Orefoa
Wo always keep our eye ontb
indicator of popular denial
and are therefore usually P"!
pared to supply it atretic
rates. Wc are selling the J
stoves and ranges, tho mosr
u!ar stoves made at present.
If you want to Bive niom'y on
of houneliold nrticics Imy 'cm r.f
. i. - .!... ... i.u;HM.
MATTHEWS & WASHBURN, i
now i o in i'i it on
3a fesa
LEADING DRUGGISTj
DRUGS, MEDIGiilES STAHOHARViC'
. ' . . fnrn I
and most uurauiu -
.i ,i(Vtil'
H A.i : t. nri n
l'U 111- IIIO UIJ fe"
THOMAS BRINK'S
:iiATCANnr;rHiKV
istliekiml thntpay -
t nicil. " .
arUoflook.ltccpcr"
m, OrcKon, or tho Capital Business Coilogeti
;r the mnnafrcment of A. P. AnnstronK. hn-e a.1"' 0'
rirshf",:hnrthnnrt.rrrvrrritim'. Pi-nmnmNTS
j oi ns business nicih f
Of,Taphera oflmtli sexes tittnlmtc their success to a course at the Prf, gi4
ness college, 1'ortian
Ureon. ilotli are mid