Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1861-07-04
North Casolina.

Thu Convention of North Carolina adjourned last III
,sr IN reasonable in November. Before aeournipg
thew passed an ordinance authorizing soldiers in or out
Of the State possessing the legal qlafcaron' TO So'e
for clerks sheriff. members Of the Assembly, Governor
meu,bsrs Of Congress- President, and Vice President
nordiuance was also adopted transferring the military
ana naval forces arms munitions ships and o,nsr DE-
cencs Of the State to the Confederate Satcs The or
nspce provdes that the troops levied under the act Oh
Nav the s.h (which have beeu formed into regiments
with tue proper compliments Of officers ana men, &c
transferred 10y regiments the same terms asa So,
doas as if they hsd been raised under the authority o
the Confederate States that on the 2oh day oil august
al further recruiting under said act shall cease ana te
recruits shall be formed into regiments and an'erfeu
in ike manner as the foregoing that all appointments
Of officers more than sufficient for the regiments 30
transferred shall at that time be cancelled that the naval
forces and vessels be transferred upon condition that the
vessels be- accounted for terms to be agreed on oy
the Governor with the Confederate Staes-he naval Gill;
GERS To be discharged on the 20h August; that mas
much as the President has declined to accept more than
txo thousand volunteers for twelve months IN addon
IN the - regiments already in service, therefore all
,,oops over this number recruited are to De DIS
charged on the 2oh August provided that any OF said
volunteers who shall signify their desire to enlist in the
State troop aforesaid or any OF the corps tina. may be
c,led for by the President in the mean time, shall be
discharged forthwith 70 the end that they may enter
such sereice ard provided further, that the overnor
anal, again tender such volunteers by regiments 70 the
President OF the Confederate States, aud II the Pres
dent shall agree accept them or any part OF Them by
or bsere the Goth day Of August next it shall be tie
a AZ.
duty OF the Governor oFer thsu or as many Of then
ga hs President shall accept, into the service "a lie Cfn
lsde.aae States, and discharge only the residue.
In I'D iitiOq 10 s bs Convention adopted the follow
ing ordnance
10 Provide tho Ways a.d Mean, for tia D!'snes Of tn
! STATE.
SIC. l. y. Il ordaiRsd, dc, That the sum of So 2O0
GOO or sJ grch thereof may DO necessary, be and
the same ia hereby appropriated 20 meet the demands
on the Public Treasury for the mex. ensuing two years
which sum shall be rassd and provided for in the way
| and manner following:
| 2 Tia. the ru6ls Treasurer is hereby authorized
aud required at as early day practicable, to have
suitably prepared and issue Treasury Notes payable
10 bearer uuon the sih and credit of the State the
su,oun. of $500 GOO Of the vasiogs denominations
en- twentyfve AID Gty cents in the following proper
tons VIZ $40 900 in notes or bills Of ten cents; $780,
O,O in bills or uotes Of twenty-five cents and 5000
il bills or notes of fifty eenswhich said notes shall be
receivable in Saysat OF public dues; shall bear DO in
reresr shall bo made payable 10 bearer ald b2 signed
by the Public Treasurer or by some person to be by
him duly authorized and appointed TO sea the same ana
who shall receive reasonable Sonpensston for such
service TO be paid out Of the Rubhc Treasury and snail
DO redeemable on or before the frat DAY Of January,
1866: Provided hosigsr That the General Assemsy
may msLs provision for the redemption OF said notes be-
orJ the tine specified, or may extend the me oil redemp
on a. 10 their ugmept the pulc Interests may qure.
Toe Public Treasurer aud Comptroller SHAH eRen psof de
book in which shall be kept sefurate account OF oil
the notes of the various denominations paid ogt Huder
The provisions Of this ordnance and also an accurate
account Of all sums returned 10 the Treasury which
books shall AZ all tunes be open to the inspection OF the
General Assembly sad for the keeping OF such books,
they may il absolutely necessary, hs allowed to employ
some suitable person TO sol es clerk.
s. That tho Public Treasurer Of this State be- and DO
is hereby authorized and directed 10 negotiate loan
loans with the several banks Of S State with private
individuals in such and at such uInes as he may
deem necessary and proper TO an amount not exceeding
in the aggregate the CT 90 100000 including the
amount already borrowed Of the banks OF this State un-
the prov sos OF An act psaod at the late ssion OF
the General Assembly entitled ian act to provide
WAYS ard means for PUBLIC dsiSnco'-tor which the
-al Public Treasurer shall the BONDS o. tho State,
bearing SIX per interest snd paysbs twelve months
after the date thereof Add should the Public Treasurer
not DO prepared pay the same at maturity he IS here
by authorized to renew the ssne such terms and for
loans in lieu thsreo and he the Public Treasurer shall
keep true aad accurate account OF all such loans and
msEe a report thereof to the General Assembly from
time TO tms
That those banks in this State who shall loan to the
Safe their pro rata amount OF the hereby author
lied TO be borrowed OF them whose oharer forbid their
Issuing bills of less denomination than So be snd they
are hereby authorized issue bills OF the depominaton
OF ST. So and s. 90 10 the extent OF Eve per OF
their capital stock actually paid IN provided that the
shal be construed TO authorize the said banks
70 issue anaggregate amount OF circulation greater than
TIA iow authorized by their charters The authority
here " granted issue bills OF the denominations OF 81
AID 81 shall cease whenever the General Assembly shall
provide and direct upon the payment the banks oil the
~ me pal and interest of the borrowed of them
der tSe provision of this ordnance.
J. that no banks OF this State shall be required to
specie symen whilst any portion of the amounts
heasn authorized be borrowed from such banks shall
remain unpaid.
The Fayetteville Observer says that this ordinance
framed and passed TO meet objections against the
stuOnality Of the law Of the last Legislature suhorz
Ing the issue of Treasury Notes. As finally passed,
learn that this ordinance differs from the copy from which
we print ony as to the time fixed for the issue OF Tes
sury Notes. which, instead of as early day prac
cable will be after the going into eec. Of the Perma
men. Constitution of the Confederate States say in Feb
ruary next.
I'D Vaisrem.
"That great measure Of Justice. now become one Of
necessity Also the ad valorem taxation Of slaves
passed by the Convention. It passed by vote Of So to
II. We have no. seen the yeas and nays"