Semi-weekly standard. [volume] (Raleigh, N.C.) 1853-18??, 1862-03-01
noRru.cAaoLIsA 81, s.rArs coNyENIios,
Ad,ezrned sessions. /

| Thu c,,v.n,on was called to order at 10 o'clock
| A. n. Al, I,.s.
labsterian Church. =, s.s
| . Mr. Miller presented a petition from company D..
hnrteenth regiment y. c. T. against the Installation
! If rain. which was read and laid on the table.
| H. Gitner from the committee to which vas re
| ferrsd a resolution in favor of VIM. K. Lowell re-
! ported back the resolution recommending us pas
| sage They alse reported resolution to reimburse
Mrs Eliza q Lowell for expenses incurred by her
for the relief Of invalid soldiers at Wilmington ~ T.
Mr.. Graham said it was dsasreeable duty ana
one which he assumed with great RELUCTANCE but ne
was compelled to oppose the adoption oil the iaSt
resolution as it would lead to innumerable appilca
tons of like character and fully rs worthy oil con-
sideration as the present
Mr.. (,imer then withdrew the last resolution
and the original in favor of Mr.. Lowell was adopted
Mr. Mebane from special COMMITTEES reporteo an
ordinance for the payment Of claims audited ana
allowed by. the Board>of Clans which passed us
several readings under suspension OF The rules
Mr. Reid moved that the Convention concur IN
the report of the COMMITTEES which acconpa'heo
the ordinance. --...l =, -
Mr.. Graham opposed this motion. which after
some discussion Was land on the table on motion
of Mr.. Badger. -
Mr.. Howard moved to take up an ordinance to
provide for collecting arms belonging to the State.
This motion being oppoSeu oy MI. oaIte'I""@He
and Others was atlength Withdrawn.
On motion of Mr.. Satterthwaite the Convention
proceeded to consider the ordinances supplemental
to an ordinance authorizing the issue OF Treasury
notes, which is as follows:
In Ordnance supplemental to An Ordinance passed
at the list Session, and ratified December lst,
1861, entitled An Ordinance to ProUide for the
raising Of Money tor the sgPportcf Governments
and FOR the issue IF Treasury nOtes for the pVT-
pose of paying The pv6lie debt and parchd'ing
supplies for the Military Forces employed Tor
defence IN the present Var, and for other PUr-
poses"
Be il ordained, That the bonds of this State
directed to he prepared for funding the Treasury
notes authorized TO be issued 10y an ordinance OF the
last Session OF this Convention ratified LIST day OF
Dee 1861, entitled" An Ordinance to provide Tor
the raising of money for the support of Government
and for the issue of Treasury notes for the purpose
of paying the public debt aud purchasing supplies
for the military forces employed for defence IN the
present war, and for other purposes" be made
exchangeable for Treasury notes at the pleasure oil
the holder; so that the Treasury notes may be
funded in such bonds and the bonds at any time ex-
changed for Treasury notes upon application at the
Treasury at any time before the Treasury notes are
due and PAYABLE.
Be IL further ordained, That hereafter al! taxes
and dues to the State and tn the counties, shall &c
paid in Treasury notes of this State o. OF the Con-
federate States, in gold or silver and ali lines
lorfcitureS and anercemens in favor OF the State or
any of the counties and all monies payable for the
entry OF vacant lands SHALL in like manner, be paid
only in Treasury Of this State CT the Confcd
crate States, or in gold silver coin and it shall
not be lawful for any collecting officer or Treasurer
to receive any other currency in payment OF any oil
the dues aforesaid.
Be it further ordained, That any of the Urea
sury received in exchange for bonds OF in pay
IS ,l,,o- ha md hxy ha TrnA
surer in payment of debts or liabilities of the State
or to be exchanged for the bonds Of the State as
herein provided for until the Treasury notes fall due
Mr.. Woodfn addressed the Convention at length,
explaining the ordinance and defending its proviS
ions. Pending the discussion the hour Of recess
arrived.
.. AFTERNOON SESSION.
Mr.. Howard from the committee on military at
fairs, reported back an ordinance for the
thorough organization of the Militia, and asked
that the committee be discharged from its further
consideration.
The committee was discharged and the Ccnven.
ton resumed the consideration of the unfinished
business Of the morning session viz: the ordinance
supplemental to an ordinance authorizing the issue
Of Treasury notes etc.
Mr. Ruffin moved to strike out in the third sec.
ton fro,I the ordaining clause to the word and
in the fourth line and insert as follows: 4" The said
Treasury notes shall al any time times hereafter,
be receivable at the Treasury in payment for land
entered and for taxes and any debt to the State at
the Treasury, and for county, poor and school
taxes" Adopted. Yeas AZ, nays 30.
Mr.. Battle of Wake, offered al amendment as an
additional section which was adopted. Provides
that the Treasurer may redeem the larger Treasury
notes, those of the denomination Of $50 and up
wards, 5y issuing in their stead notes Of smaller de-
nominations.
III, d,,an ihao
nance was recOmmittel on motion of Mr. Badger
On motion of Mr., Rayner the Convention pro-
ceeded to consider the ordinance to tax Money on
its second reading Lays tax Of one fifth of one
per cent upon all monies in hand or on deposit on.
the first day of April in each and every year..
Mr. Gorrell moved to amend by adding proviso
to the effect that Bank and State Treasury notes
shall be deemed money and subjected to taxation.
Mr.. Graham was opposed both to the amendment
and to the ordinance; he thought the search into
mems private affairs had gone far enough. No gov.
eminent had ever taxed money bat the Confederate
States 1t was new experiment. and he doubted
its policy.
Mr., Rufin was opposed to suhjec,ing the State
Treasury notes to taxation. He did not wish their
credit to be impaired They were liable to depre.
catlon anyhow, and would necessarily depreciate to
the extent of the tax imposed. After further dis
cussion the amendment was modified by striking
out Treasury notes and was then adopted
The ordinance passed its second reading and on
motion Of Mr. Badger the Convention adjourned.
TUESDAY, Feb. Goth, 1862.
A. NJ. ... -.... --
Prayer by the Rev. DR.. Mason OF the Protestant
Episcopal Church.
The journal Of yesterday was read and approved.
Mr.. Battle Of Wake from a select committee re-
ported an ordinance to encourage the manufacture
Of cotton and wool cards"
On motion Of Mr.. Battle the rules were suspend.
ed Yeas 66, nays 9.
Mr.. Reid moved to amend the ordinance by pro-
viding that the cards manufactured shall not be
sold for more than 81 per PAIR.
Mr.. Washington moved TO amend the amendment
by strikng ont 80" and inserting "$l.25" instead
Not agreed to.