The daily phoenix. (Columbia, S.C.) 1865-1878, December 07, 1865, Supplement, Page 2, Image 6

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

* ? ft The Treasury i-. ?.u _r--. and taxes not be paid into it before the Tint of .Time. "To\v is ~ Government to !.<. kept in operation until i time ? I : remmena in..' the Treasurer be- authorized in issue ctr til-. ..?es of indebtedness, payable te- bearer and receivable in payment of allstate tuxes. These eertitieates v. iii betaken by the cr?ditons of the State, and will preserve their p.ir value, if the issue is limited ti> one-half of the taxes to be levied, l'y imp.- sin.-: this limitation, the publie is effectually protected agni" -t n iluudancy i;; thc issue, ami its rc Ht mptien - is certain Iv .secured during ti".- ?is ?.. All Mic ?lireei tax due tl-o Government of tho United States has not yet been paid. The laws of Congress nov, prohibit the State from r. ss urning tho tux; but J feel very ccu thieu t Quit the sume privilege will I? accorded to South Carolina that" has been enjoyed by most ?.f tho State. the Union. 1. therefore, recommend that Congress he memorialized b^ lite Le: .islatare, so (o modify the existing hiv.- as will enable the State to assume the trix, and that the Secretary of the Treasury be rcijuosii d to suspend on]lection "f the same until Congress may have time io con? sider the application. " V'MI eau provide hy law. at your pre eui session, that ii ti:, eve ?? the pi ; vii. ge is granted the State, that tin (>?.\i : uor be imtiiorh'.eo ;e coas::m:uate the arrangent nt with thi Tress a ry Ivpavtmeut at \Va*hh>glou. .* \ in this connection, I niuy bring to jour :i li out ion the condition iif_. ...nJs 0:1 and ucar tito sea-board, vhere this? direct lox has been collected hy s?ik-s under tho various Acts of Coitgr, ii ucl. of tho Lani hi that section has hoon sold at ciiortnuu.- sueritte?. -, ::-:d is infinit; '-, moro valuaV?lo in amount than tho whole tax ; ard, ii general statements aIYJ tobe trust od, these salva ha\ e : enl?v.d for thc ('H?M:,! .Government nearly the \vh??l< amount of tho direct tax apporfh ra .1 to tia ; Stat", ano that. too. vithor.t taking int?, consid?ration* tho vuiuo of tito lands prtrchu or reserved hy tim GovcniBiorrtitself. Tites-. facts should, I think, be brought to tho attention of tho G o verum" ut b\ thc ?< ti? n of ^?i tito Legislature, alu! tho Executive auuioii/.ed, if i?os tide, t<? -cfit ct -.vjtli the General Government rome am?lior?t io r>. <.! thc er. .?rm?>-.:'. . a i tl ruinous sacrifice which lias tht> been imposed upon a pertt? u ??' tia- oitiv.O! the State. Thc exhausted corni it iou of thc country, and the complet'. pi.?..ii aiton of our tu tanc.es, m pain that debtors should lo still further protected by partially staying the eoJlivtioii of debts. Jt would bo wise t-? recast tho existing law upon th? subject, anti pro\ide that the credit r should have the privilege of stjubig his debtor to judgment, so that a li n ii]? si his propc:t> may be : eciu.id , that tho interest a:;d a part of lit. j- ? e.-?pal should IV collected annually ; that the whole sum limy be collected when . the d old OJ attempts fraudulently or clani.ft-.itin? !y to remov? ol ?li p ?ie of his property ; that tho law should not apply to debts cont met ??1 uft.r ?tts passage, nor shoid'l any indulgence be given in eases of irc-pat-s or f??r torts to person or prup?-rf\ committed before 01 after tb', pa; .iee of the Ac*.