338 



GEORGIA. 



The above prices are not nominal, as buyers 

 are more eager to purchase than holders to 

 sell at these figures. 



PROPERTY, TAXATION, ETC. The report of 

 the Comptroller-General presents a very en- 

 couraging exhibit of the material condition of 

 the State. 'The property of Georgia, as re- 

 turned for taxation for the year 1882, shows 

 an increase of $16,255,150; the whole amount 

 of taxable property being returned at $287,- 

 249,403. The increase for 1881 was $18,977,- 



611, making the total growth of wealth for 

 the two years $35,232,761, yielding, at the 

 existing rate of taxation (three mills on the 

 dollar), additional revenue to the amount of 

 $105,698. 



The following table shows in a consolidated 

 form the aggregate value of the whole property 

 in Georgia returned for taxation for the years 

 1881 and 1882; showing the increase and de- 

 crease in values of each kind of property, and 

 the total increase for 1882 : 



The number of polls returned by colored tax- 

 payers for 1882 is 93,635, owning property, 

 real and personal, of the aggregate value of 



$6,589,876. The relative wealth, real and per- 

 sonal, of the five most populous counties in the 

 State is shown as follows : 



The amount of fire insurance for the year 

 ending April 30, 1882, was $118,048,367.05, the 

 premiums on which amounted to $1,107,363.34, 

 an average rate of less than one per cent. The 

 losses amounted to $991,329.86. The amount of 

 life insurance for the same period was $6,677,- 

 454, the premiums on which amounted to $183,- 

 277.75. The losses were $119,734.52. 



The report of the Comptroller- General, as to 



the increase of revenue and its assured perma- 

 nence, induced the General Assembly, at its 

 session in November and December, to reduce 

 the rate of taxation from three to two and a 

 half mills. 



The decrease in the State tax during the past 

 six years affords gratifying evidence of the 

 growing prosperity of the Commonwealth. In 

 that time the tax was reduced first from six mills 



