Arkansas true Democrat., 1861-10-17
The Confederate War Tax.

readers to some of the provisions Of the act of authorize Me issue of treasury notes, and to D oyide par tar for heir redemption" which m ost nearly concerns them, and before doing so w would advise every property holder in the State to get the act and read 1t for himself
 Section 4th of the act authorizes the levying of the war tax, which is to be fifty cents upon each one hundred dollars in value of the follow ing kinds of property, viz:
 Real estate of aU Kinds, slaues, merchdndise, bank, railrOad, and aU otbcr corporation stocks, money at interest, inrested in bills, notes and other securities for money, cash on hand or o" deposHi ia banks or elsewhere cattle, horses, mues gold acatches, gold and siicer plate, pianos and pleasure carriages. Money invested in Contede- rate States bonds is not subject to any tax; neither is the property of colleges, schools and charitable or religious corporations, where such property is actually used for such colleges, schools, corporations or associations; neither is the property of the head cf any Jam'1y subject 
 in value to five hundred dollars.
 Explanatory of the foregoing section and in connection with 1t, we quote in full section 20:
 SEC. 20. Corporations are intended to be embrac- ei under the word persons used i'll this act; and whenever the capital stock of any corporation Is returned by the corporation itself and the tax paid, the tJck i'll the hands of indiv duas shall be ex- from tax: and also ali the real estate owned by l f
 mess; and the tax paid by the corporation them selves, and not by individual stockholders. The term "merchandize'' Is designed 10 embrace all g ls, and merchandise held for sale, eZcept the agricultural produce Ot Me country. Money at crest i> intended to inciue the principal sum of all money belonging to any person other than b nk upon which interest is paid or to be paid by the debtor, the same stands on the first day Of October. The term cutie, horses and mules" IS in tended to include al such animals as raised for s0o, and not such raised merety tor tood and rork the plantation farm aohere they are hed- The term real estate'' is intended to include all lands and estates ths rein, and all interests growing thereout, including ferries bridges, mines and the lke and in all cases the actual marketable value of the property to be assessed
 Section 9th provides for the appointment of a chief collector for each State, whose duty it will be to appoint tax collectors throughout the State. The tax collectors are to cause an as- sessment of all taxable property to be made on or before the first day of November, and, after public notice, shall require all persons owning or having the care of any taxable property to deliver written lists of the same.
 Section '. If any one shall deliver false or fraudulent list, with a view to evade just valu- ation, he shall be subject to a fine of five hun dred dollars.
 Y Section 8. Any one failing to delirer 10 the assessor list cf his tona6A property, ot tAe lime prescribed by hna, shall be liabte 10 double tar upon aA of his tarable property.
 Section nine we give in full:
 SEC. g. The lists shall be made in reference to
 the value and situation of the property, on he first day of October next, and shall be made out com peted and be delivered into the hands of each of the tax collectors on the first day of Decembe r next and upon the receipt thereof, each tax CO., ector may, for twenty-one days next ensuing the said first of December, hear and determine all ap- peas from the said assess ments, well applica- tions for the reduction of double tax, when such tax may have been incurred, to single tax, which determination shall be unal.
 s, ction l provides that the tax is to be col lected on the first day of May next, and in cas s of failure to pay, provides for its collection by distress and sale of the goods and chattelS of the delinquent tax payers.
 Section l2 provides for the sale and convey auce of real estate, when thu, tax assessed upon it is not paid by the first day of June next.
 These constitute the provisions of the act most important to the tar payers, we however recon mend that every one should read the law itself. Section 24, we consider important to the State at this time. It reads as follows:
 SEC. 24. If any State shall, on or before the first day of prl next, pay in the treasury notes of the nfederdte States, or in specie the taxes assessed ayanst the citizens of such State, less ten per tum thereon, it shall be the Guty of the secretary of the treasury to notify the same to the several tax collectors in such State, and thereupon, their authority and duty under this act shall cease.
 We called attention to this subject last week. The Confederate States owes the State about one million of dollars on account of money ad> vanced for the expenses of the war. The Cons tederate tax in this State will be about six huns dred thousand dollars, and not to oppress our Citizens by its colecton at this time, we have proposed that the State assume and pay the tax, less ten per centum," as provided in this 24th section, out of the money due her from the Confederate government. By so doing, a bur den will be lifted from the shoulders of our people which at this time they are little able to bear, and saving might be made to the State f =. Il. I III.
 DJ P. Johnson, candidate for Congress from the 3d district will address his fellow citizens as