-* -. - ' a 'E Y- --- Ttsk Dollars for -3 Hoaths.) Devoted .to the'Disseminatin of. Geueral Informitioi.[sA&ae VOLUlME I. .NEWBE RRY, S. C. APRtL 1 . . THE TRI-WEEKLY lERAWM IS PUBLISHED AT NEWBE RRY C. H., Every Tqesday, Thursday and SaturdaY, By Thos. F. & L. H. Greneer, TLrms-$1I for three n)on ihs, in advance. Ad' vertisements inserted at the rate of $ for ~first insert.. of twelve lines or less, and $3 for sub sequent isertion. Single insertion of onesquare $5. AN ACT TO LEYY ADDITIONAL TAXES FOR THI YEAR . EIGTEN Ht,NDED AN.I sIXTY-FIVE FOR THE SUP'PORT OF THE GOVE.NMENT. - . The Congress of the Corn erate *tates of A6erica do endtet, That iii add tion to the taxes lei:d by the act aprove.d February seventerith, eighteen hundred and ix tv-four, entitled "An act to aiend an act entitled ;in act 'o lay taxes for 'the common defence and' carry on.tre Goverumint of the Confedcrat& Stnt&," apprted twety fourth of April, . eighteen hundred and ,ixty three, there shall be levied for the year (ighteen hundred and sixtv-five, on the Nubject. of taxation herein after mentoned,. ,id colected from every person, copartnership, a-sciation or corpora tion liable therefor, taxe a., follot s, to-n%it: 1. Upon the vaiue of.all prope:rty, real, per sonal;r nixei of every kiid alid desct.riptior not hereinaftir exempled, or taxed at a dilter gIt rate, eight per cent. The value of the prope'rty taxed under'this sectiou shall be as ses4ed on the- basis of the ua ket vaiue of theA -same or si1ir p'roperty in the rcighbiorhood where asssed, in the year eighteen hundred. and sixty ; and i. is herelb acclare.i that all the property and as-ktzof c-rporatibis, a,so *caUions or joint :tojk comp-iies, v hether inl co6rpor:oed, or not, shall Ie :sssed and :a.xed in the same manner and ti tme same extent As the property and as-ets of individtials. The tax on suwh property and assets to be assessed against and paid by such corporations; asso cktions or joint,1*tck coqinies: Procided, That no bank or banking company shifl be lialle to pnya tax on deposits of unney to the credit of, and :u1je&t to the chcks of others: and pro idedf 'tier, That the stock .or shares representing property or assets in corpur?atio)us, assobciationfs or jint siock coul panies.shall not te assessel 1r taxed-as prop. erty under thi act; but the dividends derived therefrom shall be sublject to be ta'ked as in come under e-isti.ig laws. II. U,on t1h,amountnu&of all. gfld or silver coin, aid upon the .ittunt of all moneys held abroad or bills of exchange drawn thetfor, -promissory notes, rigdhts,-vredit:4 and securi ties, p.i'vable in fo4reign countries; and upon the value of all gold dust or, goild and silver bullion, valued in specie, ,twenty per cent ; andupon the value of gold and silver wares, plkte, jewels, jewelry and watches, vlied on the bask of the ralue of such pr,lperty in th vear eighteen hundred and sixty, ten per cent. I. Upon te amolnt of all mnevs exqefft those mentioned in p&ragraph two, bVk blis, treasury notes and (itirer pape isered as cur *roney, on hand or on deposit on the day of .the approbl of this act, tive pe'r cent.. IV. Upon the amount of all solvent ciodifs, except those mentioned inl paragrap)h tw o. tive per cent.: Prori2ed, That -11I the bonds and * stocks issued he the~ Conferate States ..r by any State, and afl loanfs to the gover ment ..f - the Confederate States,- shal be exemipt fromr -~~ . ~taxation, except ats to t!:t interest pad.;e thereon, whicb shall be t::xed usdneome under existing laws : Paridel .fartUir, That the * ~interest on the,bo-ts., stocks ti. co:.ijiti'an.s of the Confederate State:, or of n'v S-ate. shi!1 not bs taxed as incomne in eani*w btee thec acts under which they were iss-ied coundaiz :..iu lation that the interest thereon shall be ex *empt irow taxation;. p . V. Upon profits made by buy:ing anid seliing * ~merchandise, effects, o.r property otf anyv de scriptioo,-or money, gold, silver, stdek<, cred its or obligations of any kind,. :at any time be tween Jaunary the first, eighteen hund-ed and sixty-fire, and-J,puary the tirst eighteen hundred and sixty-sis, ten per cent., -u addi tillm to '.he tax on suc h profits as income4. Sai i profits to be acertained byv the difference between the price9~d in 'Confederate treas ury notes, including all costs and charges, anid ' te,price r.ealized in the Ramfe currency - Pro sided, That if the oijects of sale were pur -chased alany time since. January the first, *'ghteen hundred and sixtv-th:ee, this addi tional tax shall attach on the profits realized on the sale thereof during the year eighteca~ bundred and .ixty-five.-. *VI. Upon the amount of profits erc'eeding ,twenty-five per cent. made dering the year eighteen hundred anasidxty-five by any bank or banking company, insurance, canal; ntavi * . , - ~~atian~ imnartin;oar nxnariing teerarji, em press. railroad, manufacturing, mining, dr riock, or otherjjnt stock company, of an3 le!cription, whether 'incorporated or not twrenty- five per ceit.:.Proeided, That th. tax shall apply to individuals'and partnership: engaged i; trade or in any busiiess or em pAoyment enumerated in this Pararah, well as to corpoiation or joint stock compa nies. Providedfiriher That i ndiAdvtid . an partnertnips wl ho ::ve not been assessed, q1 who Fave not paid. forthe year eighteei htn dred afid si.xty-four the tax of seventy x per cent. imposed on th6 excess of profit over twenty-five per cent. for that year, shal be assessed and reilred to pay Aluring th year,eighteen'hundred and sixty five, tOenty per cent. on the extess f protits, over t wenty five per cent., realized during the year eighteei hund:&d and sixty-four. SEC. 2. Tiey*ropeity, the income and mr nies of Hospit)-is, Aslo.ns, Chuclies, S-chotrls Colleges and charitaide in.ltiltions, Siall bi ex mpt from taxation under the provi.ions: o this act, or any other law. All propertn n ithin the4ines of the enemsy shall be eie p from taxation, so lolg as it retnills iidlii such -ines; hut any income derived therefron shall be taxed Is income uider exi ting lws The exemption enumerated in IraragrC: onle, two ami thret'. of section five of -the act entitled "an act.to levy ad4PIaonal tuIres fol the coirmoOn defence ahd support 6f the 'oQ - erinnent," approved seventeenth of February eigOhteen hundi ed and sixty-four, are heeb1) rk- manted: househol(l fuiniture, u.hen tI va!ue does utt exceed lIree huindred 'Jtbhl;s o0i the bais ut the value thereof in tie .yeal eighIleen hund:ed.and sixty, Wearing apparel goods niaiuifactured bv any person for U use and coo-mption of his family. iucludinj sla;ves, poultry, fruit and the ..rodnct, of gar den when said-ponty, fruit,and' psiluet: dre ai-ed forO he family of the producer, an< and r ot. for sale, corl, acmn tird other ag i (ultur0al prodllcts", wlhiich Were predi-ed il year eighteein huidred and ,ixt%-four, .ant necessarv for 11I. tax payer's ianiiy incl4din; slave, duting the prement year. and id bi: rosses,iqn on the day of the approvalof -.thi act, shall be exeiplit fromll taxation.. .SEc. 3. That the taxes on property fr th year-eighteen hundred and>ixty-five, unposec by this act; shall be assCee as nn the dy o the passage '.f this act, and be due an( collected on t.e first day of June next, or p soonl thereafter as prictiable. The additioii~ taxes on proijts for the year eighteen huidre and sixtv-fiVe shall be ams,essed and collect according to the provi:ions of exi,ting laws i regard to the ase-nmeiit and Clection o taxes on iucomles, aild all the taxes it.po,ed bi this act, as well as the taxes on- incomes an< prolits, and the specific tax, and t 'xes' ales, shall be pivalle iin Confederate treasuri intes, of the Iew i-sue, or in the certificate: of mdebtedt.ess authm ized by an act entitled "a actto reduce the currency ani t.);iutho4z( a new i-sue Of notes (and h(miZ1, .approve Feblruary sevenw eenth, eighteen hundred .an .ixty-four, at p-ir, wiLhout any allowanco fi i- terest': Pr6vided, TWit at least one-half '4 said taxes shall be naid in trea%iry n,tes; N pforesaid, and. Prorided further, That th4 tax for the increased py;i of soldiers shalt A paid in Con2federate treasury nocttes, .of thj new issue, (nly. And~ it is hereby enamttet that the eer tifites oif indcebtedness. authorcizet by iie s,id act of Feb- u-:ry seventeen, vigh tet-u undred and sixty four, niay be issued in debts conitowced pr ior No the passrge of Snit act. Anid the ken of the 'Trec'ary f< r th, TransMi,sisig;.i D -rarg.emn., hie and he is hereby aVuthorized ta is