The members of the Legislative Committee of the North Carolina State Board of Agriculture have made a profound study of the present taxation system in North Carolina, and has filed with me a report giving the results of their investigations. I am requested by the Committee to submit this report to the General Assembly, and I send the same herewith.

The report is one of the most interesting papers ever written on this all important subject. It deals with the simple truth in a straight-forward manner, and is the very essence of patriotism and statesmanship.

I ask that the report be read in full to your body, and each Member of the General Assembly give to i most careful consideration.