Exemptions of North Carolina Railroad Tax Debate
The article discusses exemptions from taxation for real estate held for right of way and depots under the North Carolina Railroad charter. It details taxes paid since 1877, the 1892 tax figures, and the lease implications with the Richmond and Danville Railroad. It questions whether increased taxes could be borne while maintaining a 6 percent dividend, and notes bondholder concerns and the Swazey suit context.
MENTIONED IN THIS ARTICLE
North Carolina Hoad Company
Richmond and
Danville Railroad Company
North Carolina Railroad Company
Danville
North Carolina Railroad
Danville Railroad
Richmond and Danville Railroad
Raleigh
Caraleigh
Tas
Debate on Tax Exemption and State Finances in North Carolina
The piece analyzes tax policy effects on dividends and state bonds, arguing exemption repeal may shift burdens to counties andTimely state finances hinge on protecting bondholders while avoiding tax favoritism. It notes a caucus on State Printing and calls for economy, plus unanimous Senate approval of University and Greensboro Normal School funding. It also reviews usury debates and historical views on interest under legislative consideration and public interest in banking reforms.
MENTIONED IN THIS ARTICLE
North Carolina
King
Representative Robeson
General Assembly
Senate
Our Debt and the Usury Question in History and Law
The article links ancient and medieval views on usury to modern debates, citing Nehemiah and Cicero, and traces how Christians and Jews handled interest. It discusses expulsions, exemptions for strangers, and argues for liberal investment lending. It notes state and journal positions on regulation, warning that caps may drive schemes underground and hinder capital flow.
MENTIONED IN THIS ARTICLE
Grote
Jerusalem
Greece
Rome
Cicero
Cato
Madox
Kingdom
Great Britain
Selden
North Carolina
Grotius
Puffendorf
Union
New York Journal of Commerce
New York State
Bentham
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