Semi-weekly Camden journal. [volume] (Camden, South-Carolina) 1851-1852, 1851-12-16

reward, any play, comedy, tragedy, interlude
or farce, or other employment OF the stage, or
any part therein, or for exhibiting wax figures
or other shows of any kind whatsoever, to be
paid into the hands of the clerks of the courts
respectively, who shall be bound to pay the
same into the public treasury, except in cases
where the same is now required by law to be
paid to corporation or otherwise.
Sec. Ii. That all taxes levied on property,
as prescribed in the first section of this act,
shall be paid to the tax collectors for the district
or parish in which said property is located
Sec III. The goods which shall be imported
directly from Europe, in any vessel owned by
citizens Of South Carolina, shall be exempt
from taxes in the hands Of the original import.
ers And it shall be the duty of the tax COL
lectors TO require every importer, making re.
turn of stock in trade, to produce the original
invoice, whenever an exemption from taxation
shall be claimed under this section.
SEC lV. In making assessments for taxes,
the value of taxable property, used in manu-
featuring within this State, the value OF the ma
chlnery used therein, shall not be included, but
only the value of the lots aud buildings, as pro-
pcrly merely.
SEC V. That the tx collectors in the sew
eraI districts and parishes in this State in their
returns hereafter I" ~ ntjl", be, and they are
required and enj;ined I" state the precise a.
mount of taxes collected by them, for the pur
pose of supporting the police Of the said sever
| al districts and parishes aforesaid, stating the
al fI,oS Sfofa
tax collected for said district and parish police
purposes
The Appropriate Bill, reported by the Com
mittee of Ways and Means, was also read
second time and ordered to the Senate.
After which the House took a recess until 7
o'clock.
@We copy the following sketch Of the de-
bate on the Bank Bill from the State Rights
Republican:
The House then resolved itself into Com.
mittce of the whole and took up special order
of the day. the bill reported by the judiciary
committee for the re-charter Of the bank of tbe
State. Col. Cbesnut in the chair.
Mr.. Hunt spoke at considerable length in
support of the bill. He said the banking sys-
TEN must be regarded as whole; that in that
system there must be a restraining power
somew here--a bank that should exert whole.
some check upon other institutions. Such was
the bank of the state. 1t had now been in ex.
istcnce 40 years. and notwithstanding the as.
sauts made upon it, it had come forth from the
furnancc. pure as well tried gold. Scrutiny
had detected no fault in its management obi
guy had not taken away its character. There
was not single transaction of the bank that
had not been done in good faith, and had not
been marked bv sound judgment. 1t was now,
us it always had been, sound bank, worthy
of the entire confidence Of the people. Mr..
Hunt read statements from printed document
1--WE presume, the report Of the president and
Directorsl entering mnutelv into the history Of
its operations. The bank, he said, had been a
public blessing. 1t had helped the people to
pay their taxes. 1t had reduced the amount
of taxation. 1t had paid off four millions of
the public d;bt. The State, once rich had
engaged in schemes of internal improvement,
utterly proftess thus far to the Treasury, which
had greatly crippled the energies Of the bank,
and had been an incubus on her shoulders; but
she had stood up with herculeau strength under
her burthens, and had maintained her position
without faltering. 1870. she would pay of all
her debts, but she must be allowed till that
time to pay them in The public faith, the
solemn pledges Of the State required that she
should have that much time to relieve herself
of all her obligations to the foreign creditors
of the State. At the end Of that time, she
would have between three and four millions Of
capital stock in her possession, which the State
could appropriate to any purposes it might
Judge most beneficial. He onl hoped when
this fund was surrendered back to the State, it
would not be squandered in wild and profit.
less spculations, however magnificent.
Mr.. Hutson said, the charter of the bank had
still five years to run and he did not think it was
worth while to renew its charter at this session
of the Legislature. He moved therefore that
the ommiltee do now rise a"'' "rnort against
the passage of the !:ill w ...'. 90 -.' ..rss-
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