Semi-weekly standard. [volume] (Raleigh, N.C.) 1853-18??, 1861-11-02
The War Tar.

The Collectors inthis State are appointing the AS
SCISSORS and making the necessary arrangements for
the execution Of the law for the collection of the
tax 1t is very necessary and important law at this
juncture. We believe our people are ready to do
their whole duty in sustaining the war. Their only
difficulty is, how they shall obtain the money,
and the right sort of money with which to pay
the tax. But we would suggest that our peo-
pie need not give themselves great concern about
that matter just now, they will not be required
to pay the taS until the first day of Mag merit
By that time Confederate notes will be abundantly
circulated --..
The present concern is, what shall we list as tax
able under this law, and how shall the Assessors
value the property thus enlisted? 1t is to be re-
GREETED that the Collectors and Assessors have not
been supplied with specific instructions and with
suitable blanks from the Treasury Department to
conduct the assessment uniformly. But they have
the law and must follow it as best they can. We
propose to assist them as far as we can in this
matter. $50.
All persons who are not UOrM $500 in property,
stocks or money, are exempt from taxation. But
to avoid difficulties suspicion, it is best for all
persons who are worth any thing, or at least, who
may be worth near that sum, to see the Assessors
and to satisfy them that they are not taxable. y
All taxable persons who can do So are required
to prepare transcript in writing of all their proper
ty, &c. to be presented to the Assessors; otherwise
the Assessor prepares the transcript for them.
The only guide in the law for the Assessors in
valuing property that we discover, is this: "Sec
9th. The lists shall be made in reference to the
Ualue and situation of the property on the first
day Of October" 1861, &c. 1t is plain therefore,
that the Assessors not to fix the value of prop
erty at what previous Assessors have fixed it in val
uing for the State tax. What was the value of
the property the first day of October last is the
rule.
The lists to be made out for the Assessors should
embrace the following classification, and the Asses
sors' tables should embrace them all:
/. Real Estate-includng all lands and estates
therein and all interests growing thereout inclu-
ding ferries bridges mines and the like. OF course
persons who have conveyed their property by mort
gage or deed of trust, and still hold the fee simple
right must pay the tax.
q Slaves. They may be valued singly or in fam
lilies where it can be DONE Their value on 1st day
of October last is the rule.
s. MISUNDERSTANDING all goods, wares and
merchandise held for sale the first of October,
except the agricultural products Of the country.
t. Bank stocks. This is given in by the Bank
officers, and not by individual stockholders.
5. Railroad and other corporation stocks. Also
given in by the Presidents of the companies. Assess
cd at the value LIST October
6. Money at Understanding the principal Of
all monies belonging to any person other than a
bank, upon which interest is paid to be paid by the
debtor, as the same stood the 1st of October 1861
and all money invested by individuals in the pur-
chase of bills, notes. and other securities for money,
(including State bonds) excepting in all cases, the
bonds of the Confederate States. Book accounts of
course are not included, and mere memorandum of
debt of any kind are not taxable.
Z. Cash on hand or on deposite in bank or else
where.
s. Cattle horses and mules raised for sale, not
including such as are raised merely for food and
work on the plantation farm where they are held.
Q. Gold watches. 10. Gold and silver plate. IL.
Pianos. H. Pleasure carriages, and Is, bank or
corporation stock not duly returned by the bank or
corporation.