North Carolina standard. [volume] (Raleigh, N.C.) 1850-1852, 1851-07-19

WARRENToN, July end, 1851
I Dear Sir Upon my return from RALEIGH nm mas
terday, after an absence from home of nearly -
night, received your letter of the 23rd uIr. ], H
afford me pleasure to render you any aid in nv nnn
er, and regret that did not receive vonT rO",
an earlier day.
am of the opinion that the End proviso of the oI
section of the Revenue Act OF the last session is AN
plicable to the first section of that Act as fully tail
Intents and purposes if it had been added as nr
viso to the first section.
am also of the opinion that every person is er
emPt from paying any upon thirty dollars of in.
terest, dividend or profit, and is further exemp, from
paying any tax upon an amount equal 10 the interest
which he pays or owes upon his own debt CT debts
If to take the example suggested by yourself 4,
has interest secured 10 him 10 the amount of Sl5O
and owes by way of interest $780, the sum of SI0G
is exempt from taxation and in addition 10 this The
sum OF $50 is also exempt so that the individual is
only bound to list the sum of $50.
Ia relation to the 10th section of the Act which re.
qulres OF every person to render {" The amount of tax
which he, either in his own right in the right OF
any other person or persons whomsoever, either as
guardian, attorney, agent trustee or in any other
manner whatsoever, is liable for &c, am of the
opinion that no one is required TO list funds held by
him in his official character.
The Act of 1918, for which the last Act is a sub.
sttute, upon this point in substance and almost
in words, the same language as The last Act. The
usage under the Act Of 1913 appears 10 have been
universal throughout The whole State, for no officer
render list of funds held by him in his official
paciiy, and The opinion to have prevailed with
scarcely an exception that he not bound 10 DO
anything of the kind. Neither in conversation orde
bate, during the late Session, did hear it suggested
from any quarter, that funds held by Clerk and Mas.
ter or any other public officer subjects of taxa.
ton, either under the revenue law of IS49 that Of
1850. If the Legislature had intended to introduce
principal so novel and SO important into the
nue. system of the State, as that of taxing moneys
held by public officers, think that the purpose would
have been explicitly declared by the Statute. The
difficulties and embarrassments likely TO arise from
such legislation are such, that it ought be pre-
sumed, from the general words or in any other
ner" (broad as admit the language to be) that the
law makers had this purpose in view.
There Is an evident mistake in the 10th section Of
The last Act, and in the 9TH line. Instead of Rerisd
snOS, II should be Revenue laws. AS the printer
have directed the attention of the reader the word
rel ised it is probable that the mistake made
BY him, but by the Clerk in the engrossment
rolment of the bill. The 10th section of the Act is
copy of the lth section of the bill reported by the
Committee on Finance in the H ouse of Commons
with the single exception that il the word rerisd,
instead of the word revenue, and this was mere
mistake in copying. You will find the bill reported
~ the Committee on Finance. in the bound up Doc
lments of the last session. End VOL, page 673. Ev-
Try member OF the Assembly is provided with copy
II the Documents.
do not think that the above mistake will in prac-
ice do any harm, although it certainly wears an
handsome appearance. 1t is very obvious from 9TH
II words In the 10th section and from the provisions
# the Act generally, that the word revised is mis-.
AXE, and think it almost impossible upon careful
eading of the aoho Act 10 misconceive the purpose
It the Assembly. They certainly intended, as we
nay well infer from the Act ITSELF that man should
list all property and money which he is liable TO list
nder the revenue laws of the State. The Act being
to raise revenue in order to provide for the public
ecessites, would doubtless receive a liberal and
avorable Interpretation from the Courts, and they
you'd not, unless it inevitable, adopt construc-
lon which would render ii nugatory seriously i'm
air its efficacy. Yours very Res pectfuIIy,
WILLIAM EATON, Jr
EDWARD CoNIGLAND, Esq, Halifax, N. C.
How TO BE MISERABLE. Sit at the window, and
ook over the way at your neighbours excellent man
lon which he has ntly bought and paid for, and
Ugh out:
I" Oh, that was rich man."
Get angry with your neighbor, and think you have
ot got friend in The world. Shed tear or two;
axe walk in the burial ground, continually saying
D YOURSELF
IS When shall be buried here4"
Sign for friend, and never forget your kind
ess, and every hour in the day whisper to yourse-
" l wonder ii he will pay the note : %
Think every body means to cheat you.
Closely examine every bill yop take, doubt its be-
ig genuine till you put the owner TO great deal Oh
ouble.
Believe every dime passed to you is but sixPence
tossed, and express your doubts about getting rid oil
if you take il.
Never accommodate, if you can possibly help it,
Never visit the sick and afflicted, and never give
farthing to the poor. sssl
Grind the faces and hearts of the poor and unfOr-
nate. 5e-.ssls- lAssa 4 =eer
A PARALLEL. The Devil quoting Scripture, and
7hig editors and orators quoting Gen. Jackson. .
Iuseuni5iG Ola Democrat