St. Mary's beacon., 1862-02-13

which. nuil.ing has sran.rired Of special
in.lrest TO orr rra'rrs.
Il is stated. that Cen. Stone. the Fede-
raj ccnmanda"a upon IN upper Potomac.
has been arrested upon Ire charge Of bold
ING sognnunies,isn with The ctsisr and
sent to Furt l.aias-us. lar. Iva Is
WasLingson, colss 'p,narns Of IL Sss
York Herald. has been likewise sxEesteil
We also learn. through the Bsllimore
S"". tia, an Episcopal minister in Mer-
ahdria. the Rev Mr.. Steward. who refus-
ed to pray for prss'dsat Liuco'n. a. il is
in the regular iUrus. was arrested. on
sunday last, for treasen. gF h
II 10 reported that .Le Spanish forces
met with quite a se,ers rrpulse at bridge.
uear Vera Cruz. recently AID that tie
Mskicsn Peepas arc mai. against the iri-
party invasion. "a
!. a slave negro. named Isaac Cough.
Vas committed to the county jail. il. this
village. on SATURDAY last. upon the charge
Of committing rape upon 8 white NO
man. named Susan Ellis.
cosrfSxrAL MovEY For ,he pnrposs.
Of providing pecuniary nesns TO carry on
the revolutionary var. the Coatin eu,al
Congress issued bills in different sizes.
the faith IF the Confederate Colonies
pledged for their redemption. The Erst
iss.c was June e2. l775. Of g. ZOO. GOO.
and from time 10 time other emissions
were authorized. till the beginning of
l1Ho. when $200. 000, 900 had been
issued. and none redeemed.
Nr. Losing. in his Field Book of the
Revolution, gives scale Of the depre-
esa'!on OF the Co.tinental money. In
January. l77', tao paper currency was
at 1--we Per crns. discount. IL July IL was
At % per cett discount. and before.
The end of HE year three dollars in paper
would not comnand silver dollar. In
ITS the paper currency continued to de-
prveiate. ho tina, in April fur dollars i'll
paper were equal 20 one in coin In Sep
tcInbes the ratio was - Ave 70 one, and
al the close at ,h. year waa six and a half
to one. IL l77e the depreciation rapidly
continued. In february the ratio VA.
eight dollars and half of paper to one
If silver; in May i, vas twelve to one;
III September eighteen 10 one. and before
the close OF the year paper dollar was
only worth fur rents. In March, 1850.
a paper dollar Was worth three cents; in.
May i, Was wor'h tw" cents. aud in b.
cen.ber s-veniy.ious i"llars in paper Was
worth one dollar in silver, At this p"int
the historian stops
Tnr PgorosEb TAx.TfoN The Wash
instun correspondent If the New York
Sun says:
Taaes will be imp,sed upon r,erytA:ng
tina, can possibly i':ar them. This have
froua the ways ani means committee, OF
rath:r from ! m",Ab"r Of it. From what
can DC heard from gentleman who are il.
constant communication with the commit
tee, judge that TAI will be imposed
upon all newspaper issu"s. by tn. hun
Died or thousand l'ron all Kinds Of bu-
sincss paper a stamp duty will be- laid;
for sastance, upon no.cs. contracts. bill
os laiing. upon all kinds Of legal paper,
probably upon al! suits brought in the
courts. even down 70 the jus,icss' Courts.
All vessels loading for home ports will
have TO pay special tax, bank checks will
DO the same. manufacturers will pay
taxes upon the goods they manufacture.
distilled liquors will pay heavy tax. ana
i. is not Impossible that all passengers Of
railways will haze to pay sbe govern
nent something !or travelling. Of course
the railway companies. NO. the iDdisidu-
al passengers. will pay it to the govern
ment. bat as the railroads will raise their
fare in proportion. It viii in the end come
out vi travellers.