The New York herald., 1862-07-18


Aisr the foregoing hsa passed both Houses. Il vac
ssnt the President hts signature who, however,
disapproved features and had prepared veto mes
cage, whea tina following resolution passed BY both
Eorses the Presidents objecsloas 20
ths bni.--
Resolved b. The Ssaais and House of Representatives.,
That the prcysious Of the third clause Of Tho nth section
act 20 suppress nsuriscton, 10 pnish aud
rsbaon toseize ard coniscate ths property OF ebss
and Tor other purposes sbs be construed not to
apply 70 snyaI acts prior 70 tie passage thereof
90 include any menber Of stare Iegislatnre Judge
OF any State codrt who has not In accepting catering
upon his ocs. taken an oath 10 support the constitution
inc socasa Genfsderate States nf America shall
punishment Or poceefings uuer said ect be so con-
stTned WORK forfeiture OF tie real estate OF the of
fender beyond he natural ifs. +,
On the 18th OF Iuiy (yesterday) the President
turned tie bi with tho above explanatory resolution
appended, and with his signature sdxsi, whereby Il be-
caIae l. law
COIoNrZIsG CAPTURED AFRICANS.
The House passed the Senate blu authorizing the Pes
dent 10 enter into contracts with any foreign government
for the reception and colonization Of recaptured Africans
IA tho weat Indis Islands.
WAYS AND AEASs.
wblls the ultra men IN both branches wore devnting
their energies 70 schemes Of enancipatiQn and coasca
ton, the Finance committees engaged in the
ssseue! duty of providing the ways anu for carry
ing tho war. This required months Of patient nyest
gticn and untlring ndusby. First great System Of
Internal reveuuc had 10 DO devised and matared, and
then the existing Tar law mast DO revised anG eneudsd
IS to mako II conform to tho Internal Revenue oi
THE TAX BILL.
The readers Of the HERALD supposed TO be sual-
cienty familiar with the general features tho bill
80 render summary o 1t in this place unnecessary even
II Il were possible 10 present 1t here 1t nauaurates
stupcndous system Of taxation, similar It's scope
thai prevailing in England, but imposing much lower
sad spiriuous liquors and oil manufacturers requires
the payment Of licsnsss by persons following
professions; Initiates system OF stamp duty and i'm
poses income tax at tie rate of per on all in
from $500 TO SO ooo and OF per all in
comes above $1,000 As some Misunderstanding pre-
walls this subject, we think It proper to give
sructon OF it--waich is that person with income
of S3 900 is liable to income OF ST2 e per cant
81 ,400), aud person with income OF
$4,000 Is liable to an income tax OF 1882 g
per cent on Se,400, and Per cent on S2,o00)
The opinion prevails that In tho latter the income
would bs sS7o Is per cent sl aoo bu. think
that that is not the intention OF the b such CON
structicn OF it would be raanfssy unjust. Under for
instance while tho tax $40 600 year would only
$780, the tax SO eco would bo $3.50. In other words
it would take the whois difference between the two in
comes TO pay the difference between tbs two tsass Tie
vote ia tina Senate tho passage OF the Internal Re-
venue bill was: ST. nays 1.-The negative vote bonE
that Of senator Powell, Of Kentucky The III the
House taken the Sth April and resui.sd yeas 1885,
nays 13.
The House concurred In tho sena.e's propositions
namely
All sections Of the Internal Tax blu which require
any thing TO bo done and after July an August
amended, as 10 that such things shall not
done later than the Let day Of October under the
direction OF the Secretary OF tho Treasury, who shall
make proclamation OF the date 10 be liked BY him.
The mode Of co,sction Of taxes in the rebel statss
being matter Of doubt well as curiosity We
append tho following proclamation OF the President In
disang decided plan for fully carrying the law Of
Congress 50 far as those States concerned
OFFICIAL.
BY TIE PRESIDENT OF TEE UNITED srArVs or AMERICA.
4 PROCLAMATION.
Whereas in and by the second section Of an act OF
entitled "An act for the collection direct taxes
nsurrectionary districts within the United states and
dent 70 DECLARE on or before the is day Of July then
next following, By his proclamation, In what States and
parts Of Sybtes insurrection exists.
Now, therefore, be Unknown that Abraham Lincoln
clare and proclaim that tho States OF South Carolina,
Florida Georgia Alabama Louisiana, Tezas, Mississippi,
Arkansas Tennessee North Carolina ts State Of Vr
GINA, except the following countissHancock Brooke,
Ohio, Marshall. wetzel Marion Mononsala Preston ray
or Peasants Tyler, Richie Boddrdse Harrison Wood
Jackson Writ Roanc, Calhoun, G1sr, Barbour Tucker.
Lewis. BreSsSn a Upsasr kansoISh Mason, Putnam
wyoming, Webster fsyetle and Rssigh are now Ia
surreocn and rebellion and by thereof the civil
authority Of the United States s obsrucied that tho
provisions OF the act to provide Increased from
import 70 pay the intssss on the public debt and FOR
other purposes, approved august fh eighteen hudrel
and sixty ono, cannot be peaceably executed and that
The tdrss tgaay cAag dts pTsn real esat- hs
doresoid, tosehsr scih redaly Of fty per eea. o.
sad ares, SHAH b. i1 ~ on he Tass c. ots of us SAME,
'e2.Ta.ty e ,.. esargsd, @ L.L ga.d.
caused tle seal Of the Uaitsd States 20 Ue aaxed.
IL. s-Dors at tho city Of Washington This rst day OF
July IN the year or Lord one tho isand eght hMn
dr-d and sixty two ana Of ths Ind. suaence OF Lac
Cniied Si.tss o. America the eshty sixth.
ABRAHAM LINCOLN.
THE Tariff BILL.
The sdditiopsl TariG bill only intended to glvs tho
same measure OF protection 20 dooatic manufactures
enjoy cd under the existing tsriin other words
to sd to tho present paid tins dutios imposed
On home manufactures &c, under tbs Internal Revenue
bill. Both Bills 30 into operation hs Iss OF Angus,
1862 The income TAX however, not to be levied unit!
the lst of Nay 1858, being on the years income from
lst May 1882 10 Isl May, 1863 The direct tax 10 be
paid by tho States under the act passed Ia ths extra
session, Is suspended for the next two years.
THE TREASURY NOTE ILL.
Among the neasares proposed end passed FOR supply.
rg ways and 10 carry war were several bills
authorizing tho issue Of Treasury notes. Ths rs, was
entitled % bin 10 authorize ths issue Of uaited
STAKES hotes anu IoF tne redemption or FUNDING
thereof, and for fundiny the floating debt OF
tho United stase.n II was repriod from tho
COMMITTEES q wsys and Means 70 the Houss peosm.
bsf 80 The bin provides for the issus $50 600 900
pa2sr currency, the Same to be legal tender pay
mont Of all public and private debtstbs paymsnt cf du-
tss imports &C. Thros or four substitute bills
offered materially altering the original bill n It's main
features clause in the bin making these notes loyal
tender in payment or dutos impors strongly op
posed, was also tbs clause making the noss legal
tender in payment or all public and private dsbts Dur.
ing the dsbas pom tbs bill letter read from the
Secretary Of the Treasury urging tho necessity for it's
mediate passage IL passed the House by vo,s OF gs 10
Co. Il ct sent ~ The senate and immediate 90
on was there taken a. The principal amendments
made TO shs bill in the Senate were making the dunes
on imports payable in coiu, instead of Trsasary
n0tos, and pedgins thom specifically for ihs
paymert Of Interest On the notes and bonGs