The daily phoenix. (Columbia, S.C.) 1865-1878, January 18, 1866, Image 2
COLUMBIA.
Thursday 3>I urning, January 18,1866.
Tho Irrepressible Conflict.
We alluded yesterday to the irre?
pressible conflict betw een the radicals
and the President. The New York
World justly observes that tho leaders
of the radical party find themselves
"between the devil and the deep
sea." If they break with the Presi?
dent, they incur the risk of so weak?
ening their party that they eau no
longer command a majority in the
Northern States; if they acquiesce in
his policy, the admission of the South
into Congress and its participation
in tho next presidential election,
threaten them with more certain
ruin from another quarter.
In the difference which has arisen
between Congress and the President,
Mr. Seward has availed himself of a
convenient pretext for absence from
the scene of conflict. He might have
derived equal advantage to his health
from a voyage in the month of Feb?
ruary; "but he could not have re?
mained in Washington during the
crisis of the conflict, without actively
exerting his influence one side or the
other. He is a statesman of too
much standing in his party, he has
personal relations with too many
members of both Houses, his social
and political influence is too great, to
permit him to stand aloof as a neutral
spectator. He could not continue to
hold his office and oppose the Presi?
dent; he could not retain his stand?
ing in the Republican party and
actively support him ; and so he flies
from thc field of battle to return
when the smoke of the conflict begins
to lift, and enable him to see on
which of the opposing standards
victory is likely to perch.
Meanwhile, his faithful organ in
New York is attempting to demon?
strate that there is really no conflict,
nor any ground for conflict, between
the President and Congress. Con?
gress, it says, cannot undo the work
of the President in the Southern
States; the President, on the other
hand, cannot admit members of
either House to their disputed seats;
and so long as each confines itself to
its own sphere, there is no possibility
of collision. There is, in all this, an
artful air of innocence, which veils a
stroke of consummate political cun?
ning. The most desirable,tiling for
Mr. Seward, as a presidential as
i^a,Jj*?fe^the existing dif?
ference kept open. If it were closed,
by the admission of the South with
white suffrage, Mr. Johnson or
General Grant would be the next
President; if by admission with black
suffrage, Mr. Chase would be the
inevitable candidate of the Republi
canparty; but by keeping the ques?
tion unsettled, Mr. Seward hopes to
slip iu as the compromiser of an
otherwise irreconcilable difference.
The Tunes' reasoning on this
subject is technically plausible, but
practically absurd. It is true that
the President has no rightful voice
in the admission of members of the
two Houses; and that Congress has
no authority to oust the new State
Governments; and that if neither in?
trudes into the province of the other,
no conflict cnn arise at these particu?
lar points. But who can be blind to
the enormous incongruity of the
executive department of the Govern?
ment acting on the theory that eleven
Status are in the Union and entitled
to all Federal rights, while the legis?
lative department is treating them on
the opposite theoi-y ? If they arc in
the Union, they are entitled to a fair
share of the Cabinet offices and
foreign missions; but if the Presi?
dent bestows on them such appoint
ments, how can a Senate which re
fifards thom as out of the Union
coTTnTm his nominations, or Congress
consent to appropriations for their
salaries ? For these two great de?
partments of the Government to
proceed on opposite theories, would
happily accommodate the wishes of
Mr. Seward; both as postponing the
reconstruction of the Cabinet, and
enabling him (if the Times'' theory
were acquiesced in) to give a quasi
support to the President without
breaking with the Republican party.
But the executive and legislative
departments of the Government can?
not long proceed in independence of
each other. The executive depart?
ment becomes defunct unless we can
elect a new President; and the ques?
tion between the existing President
and Congress must be settled before
a presidential election is possible.
j The next President must be elected
j on one or the other of these conflict?
ing and irreconcilable theories. If
those eleven States are excluded, the
! election will not be valid if they have
a good title to vote; and vice versa.
It is very certain that the President
will not yield; and there are abun?
dant indications that the Republican
majority in Congress hold of the same
temper as on the first day of the ses?
sion. The House resolution passed
by a large majority, on Monday, wai
a vote of censure against the Presi?
dent. For what other purpose could
they have remonstrated against his
withdrawing troops from the South?
ern States, than that of censure? Il
meant as an instruction to the Presi?
dent, it was a usurpation and an
insult. The Constitution makes him
I the Commander-in-Chief of the army;
and, in that capacity, he is superioi
to all dictation as to how its move?
ments shall be directed. Ho can
make any distribution of the troops
he pleases, and Congress has no mort
right to interfere than the Supreme
Court has to serve on him an injunc?
tion restraining him from issuing
certain orders to his subordinate com?
manders. After this gross affront tc
the President, supported by so large
a majority, it is absurd for Republi?
can journals to descant on the pros?
pect of a reconciliation.
The New Amcidment.
John W. Forney, who may be pre?
sumed to be veli informed in regard
to the opinions of his brother radi
cals, says that thc amendment to thc
Constitution proposed the other dav
by Mr. Blaine will be adopted by
both Houses of Congress. This
statement gives an importance to Mr.
Blaine's proposition to which we hat
not supposed it to be entitled. Tin
reader will naturally desire to lean
its precise nature, which the follow
ing explanation will show:
"The Federal Constitution, artie!?
one, section two, provides that 'rep
resentatives and direct taxes shal
be apportioned among the severa
States which may be included withii
this Union according to their respec?
tive Lumbers, which shall bc de
terminedby adding to the whole numbc,
of free persons, including those boina
to service for a term cf y mrs, and es
eluding Indians not taxed, t(iree-??th
of all other persons (slaves.) Mr
Blaine's proposition before the Com
mittee on Reconstruction strikes ou
all th-3 Sortis in italics of this pro
vision, anti substitutes the following
"Taking the whole number of pei
sons, except those to whom politicu
rights or privileges are denied o
abridged by the Constitution or law
of any State, on account of race o
color.'"
This amendment would leave th
representation of the Northern State
as it is-except in Indiana and pei
haps one or two other States-an
would deprive the Southern States ?J
a representation based upon negroc
only so long as tho negroes shall b
disfranchised "on account of race o
color." "We have no objections to th
proposed bill, provided that eac
State is left to be the judge of tb
qualification of her own voters. "\V
have no objections to suffrage, wit)
out regard to race or color, provide
they (the voters) ore competent b
property or education to exercise th
high privilege. We believe -with tl:
Hon. John Bell, of Tennessee, tin
a property qualification, based o
property or education, might be ai
mitted, but that this rule must I
I binding upon both whites and black
Long before the accomplishinent <
the new status of the negro, we hai
advocated these qualifications.
The special Washington correspoi
dent of the New York Tribune statt
that a private letter from a rehab
source in Paris has been received i
Washington, to the effect that tl:
legislative bodies of the French En
pire will assemble on the 18th, and tl
Emperor Napoleon, in his openirj
address, will express amicable an
peaceful sentiments towards tb
United States, and that unless in tl:
meanwhile the relations of the tw
countries should become hostile o
questions not now anticipated, 1:
will promise the evacuation of Mexic
by tue French troops as promptly j
practicable.
-
LETTER FROM NAPOLEON.-Generi
James W. Webb, U. S. Minister t
Brazil, who is now at home on foi
months leave of absence, is reporte
to have brought an autograph letti
to the President from the Emper?
Napoleon, with whom General Web
had an interview at Paris. The lett<
is understood to be upon the subjei
of Mexican affairs.
AV I .? ter in New Voris.
..'Tis very cold!" cried the pauper
of Gotham, shivering in his tattered
garments whilst the recent severe
cold spell prevailed. Its frost was
sharp aud biting. The Tribune says
there was "no fur thick enough, no
clothing warm e.. .ugh, to resist the
fierce onset of the frost. No one
Loiters in our streets to-day. The best
clad walk fast. The poorly clad run.
But, walk as they may, or run ns they
may, they can neither escapo nor
evade the pitiless fiend who pursues
them." "They ought to be grateful,"
continues the Tribune, "who have
homes of comfort now. Tiny ought
to show that they are thankful for the
protection they enjoy by extending
it as far as their means will permit to
the shivering and homeless poor of
thc city." And then the humanita?
rian of the Tr Han.- proceeds to ceil
sleek and comfortable inhabitants of
the fine houses, of the squalid wretch?
edness that is to be found in the heart
of their city. We cannot but contrast
this sad picture with the scene of
comfort ami happiness everywhere
presented by the African of the South
before the war, and ask how is it that
men who have such misery nt their
door should never rest until they
have afflicted other communities with
similar wretchedness? The Tribune
says :
"In the fourth precinct of this city
there are some sixty lodging cellars,
without decent beds, or bedding, or
windows, or ventilation. Their walls
ure of stone or brick, und their floors
are rotten and damp; they are so
filthy that words refuse to paint their
condition, und they crawl with loath?
some vermin, lu these underground
styes, human beings are nightly hud?
dled together- regardless of sex, re?
gardless .of age, regardless of race,
and utterly regaraless of decency.
"Here thieves, beggars and prosti?
tutes; here rag-pickers, pimps and
drunkards; here young and old, boys
and girls, men and women, meei
together and sleep together-inhaling
their poisonous uir, and breathing
their still fouler moral atmosphere
here they rest or lie down until tin
daybreak enables them to issue fortl
to their worded tusks again; to steal
to corrupt, to deceive, and to dissemi
nate the diseases which such place:
generate. For a single lodging ii
these infernos, the wretches who g<
down to them pay from six to fifteei
cents a night! At N<>. 19 Mulharr
street, in one room fourteen by ten
fevt, twenty persons, men and wo
men, are lodged at the rate of six cent
each !
"This is the lowest depth. Bu
there is wretchedness enough thu
tries to wear a more decent aspect
which is in plentiful need of ou
friendly assistance. Go to any of ou
city missionaries, or to any of ou
benevolent associations, and each o
them can a tale unfold or huma
suffering-which it is in the power c
our richer classes to relieve if nc
remove-that is enough to harrow u
the soul of any listener to it."
COTTON SUPPLY.-The New Yor
Commercial Advertiser says that, :
the process of moving the crop pr<
grosses, all indications go to sho
I that our estimate of a supply of ii?
less than two million five hundrc
thousand bales will be realizec
These probabilities must soon exe
j eise an influence upon the co tte
[ market and the current high pric<
of domestic cotton fabrics. The
j bearing upon foreign exchange
less important than might at fir
sight appear, as an increase upon tl
anticipated supply of cotton will ?
j far reduce the price as to make tl
aggregate value of the exports aboi
the same as would be realized upon
more limited shipment at higlu
prices.
PUBLIC DEBT OF THE SOUTH.-B
fore the commencement of the war
secession, the debts of the Southe]
States amounted to one hundred ai
fifty millions, most of the bom
being held in Europe. Of this lar?
sum of indebtedness, Mississippi he
a share reaching twenty million
North Carolina nine millions, Loni
ana five and a half millions, and Vi
ginia fifty-six millions.
TRIAL OF SEMMES.-There are i
new developments resjiecting tl
trial of Semmes. He is still conf?n
at the Navy Yard in charge of a m
ri?e guard. No one is allowed
converse with him, except au offiei
from tho Navy Department. I
?ponds most of his time in readin
Counsel has been allowed him, ai
consultations with him are permitte
The Secretary of the Treasury h
issued instructions this morning
his Cotton Agents to stop the .sales
captured cotton. He believes that
delay in such sales will be ad va
tageous to the Government, and th
higher prices will bc obtained by tl
Treasury for cotton than it is nc
receiving.
WON'T BE PARDONED.-Among the
pacers presented to th? United States
Senate from the Bureau of Military
Justice, relative to recent trials in
the South by military commission,
are those detailing the proceedings in
thc case of Edward W. Andrews, of
Orangeburg, South Carolina, now
serving out a sentence of two years'
imprisonment for killing a negro,
charged with stealing bis horse. Judge
Holt, to whom a petition of 200
citizens of South Carolina, for his par?
don, endorsed by the Governor, was
referred, says that their very TI umbers
furnish additional grounds for thc
enforcement of this inadequate sen?
tence.
-
ENFORCING CONTRACTS.-The York
ville (S. C.) Enquirer says: "Weare
gratified to learn that the farmers in
Union District are hopeful of being
able to secure a much larger amount
of [free labor for the present year
than the prospect offered a few weeks
ago. The agents of the Freedmen's
Bureau have enforced the making of
contracts wherever thero was any
evidence of unwillingness on the
part of the freedmen to work; and
summary punishment for idleness
and vagrancy is generally being ac- I
corded to such as merit it. A large
proportion of the farmers there haye
engaged, upon reasonable terms, a
sufficiency of labor for the present
year. The prospect seems to be fair
that a sufficient quantity of land will
be put under cultivation to meet the
wants of the District, and leave a
margin for the raising of saleable
products. "
WHAT MAXIMILIAN IS DOING.-A ?
correspondent of the New York j
Times, writing from the city of
Mexico, says:
Maximilian abolished the popeage
slavery system in September, by
which he freed three millions of the
lower class. He has been busy in
establishing schools in all thc interior
towns during the past ten months.
The Empress Charlotta also has in?
augurated an independent school j
system, especially for the education !
of orphans and the poorest classes to
be found. The poor class, whichj
constitutes .such an pv?sjfjBtb^lru?ng
majority, have, been made to pull the
grains from the earth and to perform
other labors in thc same manner that
was done at the creation by the few
for fear ol' the rich: if tools and im?
plements were furnished them, they
would inculcate new idea?. But the
poor are liberated from this thraldom.
They comprehend well the fact and
recognize in Maximilian their bene?
factor and their protector. The aris?
tocracy writhe to-day to see a middle
class rising up to rule the land. The
clergy hate the French; the people
hate the French; the aristocracy hate
the French; and so common a hatred
must settle into a common love, and
Maximilian and his Empress Char?
lotta, during these months of struggle,
have been laying this foundation for
love, anti all are anxious, even the
Emperor, for the departure of the
French army, tn 1848, the popula?
tion of the city of Mexico was 200.000.
Travelers used to living in large
cities-and many are here who are
good judges-think that there are
325,000 in Mexico now. In ls?O,
there were five colleges; now there
are nearly a hundred. In 185"), there
was not a manufactory of note in the
city. Now streets and steam cars,
cotton#and woolen goods, paper for
printing and for letters, coach and
carriages, and a long list of other
manufactories, could be added. Eight
large hotels have been opened during
the last twelve months, and it is
difficult to obtain apartments in any
of them. Up to the year 1884, one
diligence only arrived and departed
daily on the Yera Cruzjroad. Now,
never less than three, and often five,
arrive and depart each day. Bents
have raised 100 per cont, since last
January.
"-? -
THE CUY OF A WIDOWED MOTHER.
What can be moro touching or pa?
thetic than the following appeal from
a heart-stricken mother for her lost
son ? How many a soul does it touch
with grief ; and how many a wish will
be made that her appeal may bring
back again to her arms her noble boy:
Early in the war, my only child, a
noble boy of sixteen, regardless of a
mother's persuasions, and heedless of
the charms of a home that left him
no wish ungratified, left me for the
army. When last heard from, he was ,
wounded, and languishing iu prison
at Camp Chase, and I have since lost j
all trace of him. Those who have had
children born to them can imagine j
my distress, and will surely, if in their j
power, aid a widowed mother in find
ing ber lost darling, or at least assist j
her in finding his grave, should God j
have called him hence. Any com mu
oication addressed to Messrs. Mann, \
lloyd & Jonas, publishers of the
Daily Sur ny SoulJi, Aberdeen, Missis- ;
sippi, will reach me. All Southern !
and Western papers please copy.
MAR* E. WEST.
The locust, it is feared, will create
a famine in Syria.
ff
The Dehnte In Congres* on the Sta?
tute of Limitations.
This matter carno up in Congress
on Tuesday last, on tho memorial of
the*NewYork Chamber of Commerce,
through Mr. "Wilson, Chairman of
the Judiciary Committee, who said:
I am instructed by the Committee
on the Judiciary to report back a
memorial of the Chamber of Com?
merce of the city of New York, and
to ask that the Committee be dis?
charged from its further consideration.
I desire to state the reasons for the
action of the Committee. It is a
memorial asking thjit statute of limit?
ations may be so amended as to sus?
pend action during the time of the
I existence of the rebellion, in order
I that the citizens of the loyal States
may not be barred of their right of
action against debtors residing within
the rebellions States. During the
thirty-eighth Congress, I reported a
bill from the Committee on the Judi?
ciary, which passed both Houses and
is now the law, and which reads as
follows: "That whenever during the
existence of the present rebellion ai y
action, civil or criminal, shall accrue
against any person who, by reason of
resistance tu the execution of the
laws of the United States, or the in?
terruption of the ordinary course of
judicial proceedings, cannot be served
with process for the commencement
of such action on the arrest of such
person, or whenever after such action,
civil or criminal, shall have accrued,
such person cannot by reason of such
resistance of tho laws or such inter
I rnption of judicial proceedings, be
arrested or served with process of thc
I commencement of thc: action, thc
time during which such person sha!
so bi' beyond thc; reach of legal pro
J cess, shall not be deemed or taken a?
i any part of the time limited by luv
for the commencement of such ac
tion.''
in the opinion of the Committee or
1 the Judiciary, this Act covers tin
ground embraced in this memorial o
the ('hamber of Commerce, so far ai
Congress has the power to respond te
the prayer of the memorialists.
Air. Conkling-I ask the Chairmar
of the Committee on the Judiciary t(
state to the House what, in his opi
nion, is the effect of the statute whicl
he has read in staying or kee>pin?
alive remedies in the State Courts o
rebellious States between the citizen
of New York, for example, and citi
zens residing in those States. I hav
my own views about the njg?.ttuvwti
I doubt ?iot he has \\5.s?.
Mr,-Srrrteoiir "of Ohio-The Cou
mittee ure of opinion that the latte
part of this statute is as broad 8
Congressional enactments could prc
vide.
Mr. Conkling--How broad is il
What is the effect of it?
Mr. Wilson, of iowa-The lai
guage of the statute gives it bette
! than any construction I can giv<
The time during which such perso
\ shall so be beyond the reach of leg
j process shall not be' deemed or take
un any part of the time limited by la
for the commencement of such actioi
The point 1 believe to which the gei
tleman seeks to direct my attentioi
is this: whether this statute will pr
i vent the operation of the statutes <
j limitation of the States in relation 1
actions commenced in the Sta*
Courts. I am not prepared to sr
that it will go that far, nor was tl
Committee prepared to say that v
could provide by law that the statu
of limitation in a State could be su
pended iu its operation upon actioi
j brought in the State Courts by Co:
j gressional action. The remedy whic
j seemed to be sought by the mern
; rialists was this-that citizens resi
j ing, for instance, in the State of Nc
j York, having claims ag?nst perso:
j residing in tho State of South Car
; lina, might have their remedy in tl
j Courts of the United States, witho
! beinrr barred by the statue of limit
! tions in force during the existence
the rebellion. In other words, th
want the statute of limitations sr
pended during the period of t
rebellion. We think the law nc
eloes this. We did not specially co
sieler the question as to the pawer
Congress to suspend the statures
limitation of the particular Stub
J and prevent their operation up
j actions brought in the State Courts
j distinguished from the Courts of t
! United Siates held within those Stab
j I think, however, and in this t
j Committee concur, that where t
I action was brought in a United Stal
Court, this statute is broad enough
I save tlio remedy, and reaches as i
j ns we may safely ge). I haves men
! called the attention of the House
I this Act, for the purpose of calling t
j attention of the country to the exi
euee of the statute which I have rou
and which seems not to have be
very generally noticed. I have i
thing further to add. And I ni
move that the Committee be d
charged from the further considei
tion of the memorial, and that it
laid upon the table.
Ex-President Buchanan, in his.
cent book in defence of his admin
tration, endeavors to prove that
labored, hythe wise eliplomacy of 1
administration, to correct the ev
which the United States had stiffen
in common with all other powe
growing ont of her unsatisfactc
relations with the "so-called"Kept
lie of Mexico; and he claims that I
for the purly blindness of the radio
in Congress, his measures would ht
prevented French intervention a
established American influence at 1
Mexican capital.
Local X-te?xxxs
Advertisements, to insure insertion,
should bo handed in by 4 o'clock p. ni.
CAMI.- -Our terms for (subscription, ad?
vertising and job work are cash. Wo hop*
all partios will bear this in mind.
"THE CODE."-The Ac passed by th?
Legislature relative to the freedmen, for
sale at this office. Price '20 cents; by mail
25 routs.
AGENTS ron THE PHONIX.-Thomas P.
Slider, Esq., of Charleston, and H. L. Darr,
Esq., of Sumter, aro the authorized agcnt4
of tho Phtenix, in those sections of tho
State. _ ^ ^_
We call attention to tho card of Mr. J.
H. Baldwin. He is ono of the best dry
goods salesmen we know of in Columbia.
We cheerfully endorse his card.
Tur BURNINO or COLUMBIA.-An inter?
esting account of the "Sack and Destruc?
tion of the City of Columbia, S. C.," has
list been issued, in pamphlet form, fron?
the Phonix steam power press. Orders
can be filled to any extent.
Attention ia invited to the card of
Messrs. Geo. H. Walter ?V Son, receiving
and forwarding agents. These gentlemen
hare been engaged in this business for a
length of time-following up tho South
Carolina Railroad from Orangcburg, and,
we are pleased to state, have given general
satisfaction.
We have received from Messrs. Town?
send A North another copy of Miller's
Planters' and Mcrcbauts' Almanac for 1866
-the third and last edition issued. Coun?
try merchants can bo supplied on applica?
tion. Also, a "yellow cover," entitled tho
"Fenian Chief, or the Martyr of '65." As
Fcnianismis all the go, just now, tho book
will doubtless have an extensive salo.
CITY IMPROVEMENT.-It is gratifying to
know that our once beautifid, but at pre?
sent desolatod, city stands in a fair way of
renovation. Should the sale of the cant
! bo consui'.matcd, a working population
will soon arrive, whose presence will inspire
new energy amongst those of our citizens
who are now wading through the "^slough
of Despond." As it is, Main streeyis look
ins up once. more. Our old acqiyaintance,
J. C. Walker, Esq., has commenced to re?
build, and has set a note-wortJhy example.
He has boldly, and with a Wisc forecast,
determined upon budding,j not only for
himself, but, in addition, erects for the ac?
commodation of ????ssrs. Glass, Nichols
M?4 fl?gans^-in all, four handsome-looking
I stores, of three stories in height. The
j elegant facade of this work is from the
! pencil of T. C. Yea!. Esq., who is likewiso
! about to build a hotel for Mr. Robert Joy
{ ner. Mr. John Seeders has his L.uiiding
I erected. This was done under the superin?
tendence of Mr. G. T. Berg, architect.
Messrs. Janies Brown, E. Sfeubouso and
R. Lewis have erected substantial budd?
ings. In regard to ourselvc-i. wo speak
with all modesty; but as tho Phonix is a
bird that ever resuscitates, wo may bo ex?
cused for pluming ourselves upon our new
office, to be erected on Main street, jus;
above Kinsler's building, and we arc deter?
mined to make it an ornament to the
street. Messrs. Kay A Howetson are the
architects and superintendents of this
work, as also of several other buildings to
be erected during tho spring. Messrs. E.
A G. D. Hope intend to erect a building
upon their old place of business, and many
others are making preparations for recom?
mencement.
In this connection, we aro happy to be
able to refer our readers to the card of a
linn in this city, which appears in this
! morning's paper. Messrs. Kay, Veal A
! Hewetson aro gentlemen personally known
i to our whole community, and we might
i say the State. It affords us much pleasure
j to state that they have joined hands in
business, and feel convinced that struc
j turcs submitted to their care will be any?
thing but detrimental to the appearance of
our city. _^
NEW ADVERTISEMENTS.- Attention is call?
ed to thc following advertisements, which
? are published this morning for the first
i time:
Hanahan & Warley-Salt.
Mikcll, Boyle A Co.-Com. Merchants.
Chsa. H. Moise A Co.-Groceries.
Kay, Veal A Hewetson-Architects.
\ Richland Lodge-Extra Communication.
ti. H. Walter & Son -Com. Merchants.
II. T. Peake-Schedule S. C. R. R.
H. E. Nichols-Insurance.
Luchs A Leon-Dry Goods,
j " " " -Gent's Goods.
, C. H. Baldwin-Groceries, Ac.
A. R. Phillips-Auction.
Calnan A Kreuder-Groceries, Ac.
j Fisher A Lowrance-Straw Cutters, Ac.
" " " -Boots and Shoes.
Thc State Treasurer of Pennsylva?
nia has made his annual report. It
appears that the balance sheet, when
it was closed on the 30th of No vern
ber last, showed that the State waa
financially better off by the sum o
S2,560,173 than at the close of last
year. It appears, also, that the in?
come of the State was Si,486,676
more than in 1864. The Treasurer
calls attention to the $47,000,000 of
capital held by the National Banks as
fit subjects of taxation, and also to
the fact that the railroads and canals
within the Commonwealth, which
represent S250,0O0,OO0 of capital, pay
but 8632,000 in taxes. With a tax of
one percent, on the National Banks,
and three-fourths per cent, on the
gross receipts of railroads and canals,
which the State Treasurer proposes to
levy on those interests, he says that,
the income of the State will be raised
to $6,000,000 annually, whilst it is
easy to cut down the annual expend?
tures to &L300,000. If this
complishy^ argued that it
be vnvpr ' ivy any tax
on jr