Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1861-07-11
An Ordinance fin Relation to Tava,,o
The following ordinance was passed BY tba V a..
on Tuesday last H0 C0a

hy 81.
on Tuesday last: 'n' CoayeUt
ADvALOREM ORDINANCE
SECTION l. BE 1t ordained, That the third s0o;
fourth ar ticle of the Amendments of tha Cecol OFT
land the same is hereby annulled NOHsltltQ
SEC. 2. Be 1t further ordained, That all fro0
1.-THE age oftwenty one years and under the ago Qy
years, shall be subject to capitaOn taT vi lof'ya
Sthe tax laid on land of the value of three hundys
and no other free person nor slave shall he T}f toA
Taxation; and slso land and slaves shall bn t 81
ling to their vaIue and the tax on slaves SHAH
but not more than that on land, according to M
Tive values but the tax slaves NAV ba ~ 'Vt
general average value in the State, or on tba;r W W
sclasses in respect to age, sex and other dstir E
perties, in the discretion of the General
value be assessed in such modes as NAV be nrs S-
law Pr0Utded, That nothing herein contained 'o WI
veat the exemption from taxation of soldiers IN Ila
service, of free males slaves in cases IS I
mental infrmity, of such real estate a. La O'I
been exempted by law. '''-'
We MUST MANUFAcTURE-Wh is all h, ,..
gone? What is capital doing 1t is dom, rr
nothing. Timid capital has withdrawn iptofIa s'c
assesses Of its holders strong boxes in Lroa r
| ton, and the dollars are rustng there when + H..
movement in the small enterprises which inyilc \
! might accumulate to themselves remuDcrativo r,.
dollars are cowardly creatures and especially cray.
war times. At the first blast OF the trumn thew r
AWAY to hide themselves in holes and corners apjr
whence but few are cOaXed by even the stron@strl
Sments.
When patriotism and profit both invite as,t -,
time, why will not capital promptly awaken arja,.
its tbews and snew8 for its own emolumet and l,,
benefit of the country? Will it not understand II
our sources of supply of many articles of NECESSITY
cut OF, and that when the remnant vet rCnaiDr- h,
merchants stocks is exhausted there will be 4 mi
mand, and embarrassing want will ensue fitsrot.r
piled? Whence does the capitalist think that sunni
will be received during this war to uaderall temt
lions OF its investment in manufacturing eaterra.s
If England does take our part and cmbro irq.
war with the North--as is only possible she NAV
would still be long ere supplies OF many articles TT
her manufactures would have SO abundant and unr.
rupted admission to our country as TO rival homer
aductions when fairly under way. Leather has beal
Wing up the scale of quotation at terrible rate lac
and slso staple articles Of clothing fabrics How h
will it be before there is neither leather nor coh@
had at any price which nine-tenths of the popua
& can pay Not long. Then let capital get to work.
about ten millions of people have to be supplied VI
shoes for their feet and clothing for their backs aa
4 pay remunerative prices therefor.
If capital will only venture forth from its L
places and seek investment in the sound cutqr,s
which invite, it will never regret the act Of daring
Arequired no courage, there being no risk. Ii vii
amply rewarded in any branch of staple maruag-
and return sure and large profits and by its mov--
stimulate and improve all business interests gr,
: new activity to commerce and industry.
81 Mobile 4dlprt1Spy a. RerEg.