Sentinel of the valley. [volume] (Woodstock, Va) 1841-1848, 1843-03-16
So S5e9tsCatufe+
HOUSE OF DELEGATES
Friday. March 8 1915.

A communication was received from the
Senate by theirC Clerk, that thev have pass
| ed the bills.
''Cetlng the commemorative right
| IN certain lands, to the trustees of Pres
ton Academy;
Incorporating the American Litera-
~ Institute of Bethany College;
Concerning. jaiIors' fees. with an a.
mendment; which last bill and amend
inent were laid on the table.
Mr. Randnl phi called I'D the order of
the day, being the bill prescribing the
mode of ascertaning certain subjects OF
taxation; being on its second reading
Mr.. Crutchfeld moved to strike out the
section relative to tie ascertainmcnt of
the value of silver plate at the rate Of
one dollar per ounce. Mr.. C.. thought
the law of last session amply provided
for the object. 1t ought to be LEI. to the
discretion of the Commissioners.
Mr.. Randolph thought that the tax on
plate. imposed by the law of last winter.
imperative, because the Commissioners
could not ascertain The true value Of the
plate.
MIR. Taylor thought that there was no
great difficulty p.weishing the plate. He
was sure that. in no other way. could
there be any regularity in laying the tax.
as this was the only mode Of getting AT
its true value.
Mr.. VERIFY should 90 for striking out
the section, as the best plan is to ascer-
tain the value by the oath Of individuals.
Mr.. Taylor. The law does not require
the Commissioner to weigh the plate. He
has merely to list it, after its weight is
ascertained by the owner.
MIR. I'atem said the Commissioners
could carry m his pocket small pair of
scales sufficient to weigh plate.
Mr.. CIuthtiel6's amendment was lost.
Mr.. Gray moved to strike ont the
third section, which provides. for the as
certaining from those having money loan
ed out at interest, or holding bonds, notes.
or other securities for monev SO loaned,
dlsbursed or invested. the true amount OF
all interest received within the year next
preceding. on such bonds, &C.. alter de-
Quoting therefrom interest on all sums in
which such individual shall be Justly in
debted to others, and the said commits
sioners shall charge upon the said excess
OF interest.-Mr. Gray thought the law
inquisitoria!.
MessFs Crutchfield, Yel by,& Daniel
of Richmond City. could not understand
the provisions of this section. 1t did not
appear that the tax might not be laid on
open accounts and bonds for property
snId
Mr.. GARRETT was for taxing shavers, &
went against striking OUT.
MIR. Randolph said he was surprized
TO hear the gentleman from Northampton
speak Of open accounts, and explained |
that the provisions of the section were
entirely. inteligible.
third section.
Mr. Daniel of Richmond City. moved |
to reconsider the vote on the amendment. |
which lays tax upon State bonds and GER
titicates Of stock, Mr. ID. eentended |
that this amounted to reputation. as we
would in this way diminish the interest
on the State tax, which we have pledged
ourselves TO pay.
s'r.'Randolph. The fifth section ex-
pressly exempts from taxation non-resi-
dent holders of State and, other public
stocks. In New York and Massachu.
SETS, public securities are taxed, and
their bonds stand much higher than the
bonds Of Virginia.
Mr.. Daniel Of Richmond City. we are
anxious to elevate the State stocks now
SO depressed, and certainly should ne: BY