The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1861-01-26

"'My dear Sr Take your sword You are
| too brave man to disarmp
"The whole command then gave three cheers for
| the gallant Powell.'
CHARLESTON AFFAIRS
DEBATES IN THE LEGISLATURE.
The proceeding in the South Carolina Senate
Tuesday last which we find reported in the Wercn-
ry OF the succeeding day was marked with some in
teresting debates springing from desire to econo-
mise the resources of the State. We quote from
| the report
Mr.. Allen never saw any good powder at the
| powder magazine. | went there once, and found
the powder all wet. There was not enough to blow
up a partridge trap that was dry. lie thought the
Arsenal and Powder House keeper was a nuisance
Mr.. Moses-We have the Young Cadets at the
arsenal at Columbia to keep the guns &C., and !
think there is no use for keeper.
Mr.. AlIen-I move to strike this out If these
boys can't attend to and keep the arsenal, they are
not worth much to the country. move to abol-
ish these offices.
Mr.. Wagner-There are large quantities of arms
and powder at Columbia, and they should be cared
for. We can't expect the Cadets to set to work to
clean the guns.
Mr.. Ryan-There are five hundred pounds of
powder here.
Mr.. Pamer-I do think that, at the present
time, we should have some one to keep the Ar
senal. We have sc, 900 pounds of powder now at
Savannah, and there will be no one to take care of
it if the gentleman shall have his own way.
MIR. Hampton-As to the observation of the gen
tleman on his visit to the powder house at COum-
bia. am inclined to think they did not show him
all the powder they had They may have been
fearful of showing him the dry powder owing to
his infammable nature.
Mr.. Alen-I repeat, that if we have much pow
der we will not want it Cooper river at Co
lumbia. We will want it at Fort Moultrie to send
balls at Fort Sumter. The other day we had no
powder to fire off salute. The House said so.--
Now we have got much powder must have
men to keep it, He insisted on his motion. There
was no use for these men. Now, in times of ex-
pectant war, he thought there were plenty of old
soldiers who could care for the powder. 1t was
time to abolish sinecure offices.
The motion to strike out was finally Withdrawn
and the bill proceeded with.
THE CHARLESTON PAUPERs.
motion to strike out 81 900 and insert So, 900
as the annual fund for the support of the poor of
Charleston, was opposed by Mr.. Allen, who sad
The transient poor of this city are vagrants-
They come here and stay till they fed and then
go elsewhere. The city has no right to care for
Vagrants. Many of them are foreigners. The'H
stay here to vote at elections; change their clothes
and vote; wash their faces and vote over again; we
should not care for them. The people called tran
slent poor are generally the vicious. We should
purge ourselves of them. If you refuse to maintain
them, they will go into the country and work out
the scriptural injunction, and gain their bread bv
the sweat of their brow.
The amendment was finally lost.
DISTRACTIONS IN CHARLESTON BAY.
The Committee of Ways and Means recommend
ed in the appropriation bill thirty thousand dollars
for dredging Mafitts Channel and it was passed in
the House, but the Senate struck it out.
The tax bill to raise supplies for the present s-
cal year was amended in several important parti-
culars.
Mr.. McAliley moved to Law tax of one-tenth of
one per cent. on all moneys loaned during the past
year, and on all moneys invested in the stocks or
bonds of all States or companies except those of the
State of South Carolina.
Mr. McAliley then moved to insert the word Gin
terest,' so as to read, ''tax all moneys loaned
at interest,"
Mr.. Mazyck thought this would involve bad
debts, and a man would not only be taxed for
the money he has out, but it would be tax upon
bad debts.
Mr.. McAliley-Yes, but do not planters pay tax
on bad lands, worthless negroes, &c. | have ne
groes and lands not worth anything, but have to
pay taxes on them. These men who hold bonds
and stocks are not the right kind. | am for tax
ing them. knew one man who did not pay five
dollars tax to the State yet died possessed of thous
ands. 1t is a true saying that men who possess
taxable property are very bad citizens. They will
not fight. If they own land and negroes they are
bound to fight.
Mr.. Palmer-I have forborne to say anything on
this, because feel it deeply. The planters are
taxed on everything. Yet these men who
stocks, and do not own negroes, fold their arms in
security free from taxes. | conceive with the gen
tleman, that men who own no taxable property are
bad citizens. If Hale Giddings were to come
here and pass such laws the Senate proposes,
they would be ridden out of the hall on a rail. The
planters have submitted too long. Is it right that
who own negroes-the very subject upon which
the present difficulties arise-shoud be subject to
all the Onus of taxation? 1t is encouragement of
abolition sentiment in this State and object to
any division in taxes, and do not see how planters
come here and sit so quietly and suffer themselves
to be taxed to this extent without protesting against
it. My feelings do not allow me to say more on
this matter.
Mr.. Cannon moved to strike out the words, "ex-
empting the stocks of this State He was averse
to making privileged class of men, who did not
put money into other property men who owned
stocks and bonds, and folded their arms secure
from taxation, yet who suffered slaves and lands to
be subject to the onus of all taxation. He want
ed taxes to remain equally upon all money at in
terest.
Mr. Palmer surprised at the sentiment man
liested in the Senate tonight. 1t is strange that
IN community composed mostly of planters they
should long have suffered themselves to be aeeced
IN this way. For forty years the number of slaves
has remained nearly the same but stocks and bonds
have increased two-fofd. Why is it? Because
men find it better and cheaper to have bonds. 1t is
outrageous that we, nine-tenths of the community
with unmoveable property, should be ground with
taxes, while these men who can put their property,
bonds, &C., in their pockets and leave when danger
comes, should 90 scot free. If the commander of
Sumter should choose to lay waste this city to-
morrow, who would suferP The bond holder
No. But the land and slave holder 1t is out
rageous.
Mr.. Allen-I have no doubt but that there is
more money out at interest than there is invested
in negroes 1t was not right to discriminate, and
tax one and exempt the other. Those who husband
money in stocks exempt from taxes and it should
not be So 1t should be taxed as heavily as negroes
negro may lay down and die of pneumonia; who
ever heard of bond dying
Mr.. Mazyck moved to postpone further consider
alton Of the bill till tomorrow.
Mr.. Allen call the yeas and nays on it.
Mr.. Palmer-I hope we will settle this question.
| wish to see who is on the side of patriotism.
Mr.. Allen-l hope we will stand up to this work
like men.
Mr.. Wilson, hope no Senator will be intimi-
dated by anything threatened on this floor.
Pplmar--I I pnF
out any other threat than the threat of patriotism
The motion to adjourn consideration was not
agreed to-
Mr.. Cannon-I do not see how this amendment
is reputation. The men who own stocks may not
be the men to fight. Is it right, is it fair to tax
every man from the seabcard to the mountains
upon his negroes and lands, and not tax the money
on stocks-the large capitalists who own no lands
Mr.. Wilson-The Senator from Spartanburg
seems to think that none but large capitalists
stocks. This is not so-more stocks are owned by
widows, children, charitable and religious associa-
tions, &C., than any Others The right the State to
take part of the interest on stocks, implies the
right to take the whole, and taking the whole in
terest, does it not imply the right to take the prin
cipal? 1t struck me as strange to hear gentlemen
say that it was the planters alone who paid the
taxes. Almost all land taxed was worth five times
the amount of its valuation.
Mr.. Pamer-I can't understand the argument of
those gentlemen. \ ou may say that bonds cannot
be taxed because they emanate from the State.
What is the difference between these bonds and the
lands which are held from the State2 North Caro-
lima and Virginia tax their bonds. All other
States, for aught know, tax theirs, and | can't
see why it is that gentlemen fly from this matter.
These are the times when all men should come up
and give what they able to the support of the
State. spirit of patriotism should induce all to
suffer taxation. | am informed that there men
here worth hundreds of thousands, and yet pay no
taxes.
Mr.. McAliley-I call for the question. Let US
first see whether the State stocks shall be exempt
or not.
The amendment proposing to tax the State stocks
was lost.
The original amendment of Mr.. McAley was
laid on the table, and the bill was unchanged.
Mr. Hampton moved to strike out the words in
tho bill "this State or that it would read ''tax
Sl.50 every Sl00 of interest received during the
past year bonds stocks of any other State"
Mr.. Palmer moved to lay the amendment on the
table,
The Senate refused to lay the amendment on the
table by yeas l9, nays 2l.
The question required upon the motion of MIR.
| Hampton.
| Mr.. Palmer-I must confess that the action Of
| this Senate is most strange indeed. After voting
all night in manner favoring the taxation of
stocks OF the State, and stocks generally to turn
right round and vote oppositely. If the Senate
says man owning million in stocks shall paw no
taxes, am satisfied; say more
Mr.. MOses-That the Senate has changed its
opinion this subject is because members are con
vinced that they were wrong.
Mr.. Boykin explained his position. declaring his
intention to vote for the amendment to strike out
lie said the whole stock of the State, if taxed
would bring in only $1,000.