New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-01-26
aIssIgsIpPI STATE CONVENTION.
Special II The New Orleans Crescent


JACKSON, Jan. %, 1861.
MI. Edaor-The most unpleasant debate that
hasocearred since the assembling of the Conven-
tioHtook place yesterday and to-day upon the Tax
bill and the proposition to tax all moneys loaned
outof the State, which will be a measure Of i'm
portance. The discussion was on the amendment
to the FIRST section. The amendment reads, "to
Ievgatax Of per cent. upon all moneys, notes
and obligations owned by citizens of this State
andfnyested III foreign Statesn
Mf. Brooke. of Warren, favored the amendment,
arguing that the citizen of the State, owing al
leganee to the State, should have this tax levied
upSnbim. These notes, bills and moneys invested,
or notes deposited, were portions of personal
property Of citizens, and should be taxable the
samesas any other property in the limits of the
State.
Mr. Waller, Of Marshall, advocated the same
tleory. He stated that there was an immense
amount of money owned by citizens of Mississippi
invested in Wall street, and the late action of Gen.
Sanford and of Gov. Morgan, rendering troops
and money to the Federal Government at Washing
ton, should hasten members TO decide upon taxing
aImoneys owned by'our citizens in that State or
any other State.
Mrferger advocated the same theory as Mr..
Brooke The State had right, in virtue of ne
cessty TO levy any tax. The money carried out
of the State drained and weakened the resources
of the ssath. The money Of Mississippi invested
in New OFleans, New York and other places
amounted to enormous sunls Men who lived within
the State had invested all their funds in those
places, aud should be compelled to contribute
their 1nota to the amount necessary to the carry
ing on of the Government. The property consist
ing Of lands, ETC., owned by non-residonts, should
i be taxed, and If the person could not be reached
individually, it could be obtained by suit.
BTr. Ellis, OF Claiborne did not question the
power to levy this tax but thought that the exer-
else Of this power would prove great error. 1t
wonid drive the persons thus taxed from the State.
It wbnld be wrong to do so.
Mr. Alcorn, of Coahoma, advocated the argu.
Inents advanced by Mr. Brooke, and was in favor
Of discriminating against citizens who thus EN-.
Noyed their money.
Many other gentlemen advocated the same views,
and the amendment was adopted by a large ma
jority
Many Of our citizens have large amounts de-
posted in New Orleans, they will now be re.
dured to make onth as to the amount thus in,
vested (This tax is only for the present fiscal
wear, and the first portion is to be collected I'M
mediately.
Many members thought if this course was
adopted that Louisiana and Alabama would retail
ate hy taxing the money of all Missssippians in
vested in their States and accrung interests and
profits thereon.
fa,the debate assessing the taxes upon property
an adyalorem system was adopted, adding al
addition Of SO per cent. on the present State tax
making itin all 80 cents on the one hundred dollars
II was proposed, and advocated by many, to lay
aspecifie tax of two dollars per head upon all tax
" able negroes, upon the ground that the excite
rnent upon this species of property had bee,
he principal cause of the present existing circum
stances, end should, therefore, be made to bea
the brunt Of the taxation. The majority of thu
members were opposed to the negro being the spe
cialfavorite taxable property. Twas voted dowl
bys large majority
On the snbject of the Revenue bill, it was deter
mined that three-tenths of one per cent. would b
levied upon the moneys, ETC., loaned or employed
ott az the State. Several members wished it fiXet
at2per cent
Mr., Orr offered the following resolution:
Toeeo,ped. That special committee of five be ar
nointed to inquire into the expedency OF suspend
3na the execution Of DEGREES, Judgments, eXecu
tens marriages and deeds of trust, for twely
nnnths also, the laws for instituting suits in tn
various Courtsin this State, except the attachmer
laws.
which was laid on the table. This measure wi
not be carried.
Maior.General Earl Van Dorm, late of the Unite
States Army j. Chas. Clark, of Bolivar, j. L.. Al
corn, of Coahoma, and Q. II. Mott, OF Hol
Springs, were elected Brigadler'Generals'
g5rFH4t
AN 0st1Nous PRESENT FROM MARYLAND. ~ I
rnyarnors of Massachusetts, was the recipient OF
small box, enclosed in brown paper e on IhursaS
nnrn;ne s,oa, which was brought from Baltimore, |
W. hgarnn,7 Fxnress Company and was directed
aaThe Governor Of Massachusetts" On opening
h;s ~ Tvceeney found that the box contained ty
aozen Minnie rifle balls, but not word as to WI
sent them. [Boston Traveller.
Julian NEVILLE, auctioneer, sells to-day az
Aha 81 Charlie, Exchange very eligible and va
Of Eround situated in the First District a. 'ne corner
ah,s coaebopss 9ss as as Sp viii ,,
rc,ese Hne stand fora store or cohseiu'Set 40 @ y
without any reserve a..