. Centennial history and handbook of Indiana : the story of the state from its beginning to the close of the civil war, and a general survey of progress to the present time . totalcost of the building was restricted to $60,000.* Change in Taxing System.—In 1835 a changewas made in the taxing system. Prior to thatland was classed as first, second and third rate. * See p. 89. The new law provided for an appraisement basedon actual market value. Buildings were also ap-praised; there was added to the taxables a longlist of chattels, including household articles, andbusiness capital, corporation st
. Centennial history and handbook of Indiana : the story of the state from its beginning to the close of the civil war, and a general survey of progress to the present time . totalcost of the building was restricted to $60,000.* Change in Taxing System.—In 1835 a changewas made in the taxing system. Prior to thatland was classed as first, second and third rate. * See p. 89. The new law provided for an appraisement basedon actual market value. Buildings were also ap-praised; there was added to the taxables a longlist of chattels, including household articles, andbusiness capital, corporation stock and money atinterest were included. A poll tax was fixed of37J/2 cents for State and S7l/2 cents for countyfor each male citizen over twenty-one years ofage (Laws of 1835). Improvement in Housing.—The extent towhich the typical log cabin of pioneer days wasbeing supplanted by brick, stone and framehouses is indicated by the following total number of brick and stone houses in1840 was 346, and of wooden, presumablyframe, 4,270. Of the former kind Marioncounty led with 35. All but sixteen counties re-turned frame buildings, Green leading with Foot of Waltman Hill, Brown County, between Helmsburg and Nashville. CHAPTER XII 1840 TO 1850—CONDITIONS AND DEVELOPMENTDURING DECADE The States Financial Dilemma.—While thegeneral suspension of the public works in 1839did not quite banish the hope that, somehow, thesystem would be completed, it proved to be thefinal collapse of the governmental scheme. Fora few years the State continued to operate andslowly extend the Wabash and Erie canal, butthe returns from it did not balance the expenses. The aftermath of the disastrous business fellheaviest upon the next decade, and on GovernorsBigger and Whitcomb and the Legislature oftheir administrations devolved the perplexingtask of extricating, as best they could, the com-monwealth from financial ruin and discredit. Anofficial report made in 1842 shows a disgracefu
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Keywords: ., bookauthorcottmang, bookcentury1900, bookdecade1910, bookyear1915
