Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1863-12-01

| N-' '>IiA VI "io-c l'ifi;l''Bn -It.I negroes
a'ncun's to fifty tioHsand dollars, would have
t. pay 4 lE o! one and 6 tAf per- can,u;,
i'v:"1 unan toe value Of said prnpartv which
wNn!d amanni to to"cn hundred and fifty dol
lars; I" pay this tx, be- would be compelled
to purchase $40 500 w,rh Of tlies. bonds, to
n3a>'" him furnish seYen huHdgei! nd fG:v
id,i'ara' worth or cpurs,s Tn other words. i
! 'Soa'A rcquirH one-Gourth Of the value Of MS
rrol":" 20 be invested in these bonds, ard
iaiI away in an unprotuctivc s'atc for twenty
years 10 meet Ills annus! tax. Wha: tax
r!yr. could raise enc fourth OF the value 0f
bis pron"rty ~ invest in these bonds. withnu.
selling his property CT -riag into hauhs b
"orrw the amount i@H HAT PURPOSE
The Si,0o0.n00,OOO oF property aEd the
Planters, 5000 Of plantation and negroes are
valued in specie. w!.Ic .ha bozds ere 10 bc
bought with Confederate currency. Ec ere
awara that TIC rae oc lGto adopted by "a
Farmer" Is not q proper ratio nrcsar1 of pro
.perty to Confederate crrrencv The average
ratio Of property Of I'll Ends we take to i6a
about 4 TO THAT is to say. that plantation
and negroes worth in 1850 f1y thousani dol
lars in specie il now worth two hundred; thou.
sand in Confederate money, Upon this ratio
hGH will "Hha:har's" example stand:
Tho &5l 900 has l'cooG.e $20n,h 200, and tho
siam mn na,, ,o e., nm am non
'>'' '''' '''.''''''- ''' '''"-'''''-'
The PLANTER las. tncn. to disr"=e &c l-lti Ok
his 5000 600 tnr;I;sa $500, which buys lin,
buds that will ray lis taxca f,r 90 Yeas. an,;
~ tho expiration oF that time return him
'>i-''''' I'll Si's''H' or f'''.'''."' tAH Ef'S'E
va'uo Of The ri:niali1n, the ,,!"nic. " ra;ge
,.Io 5Nn =, Co,f,Ao.,., ,,,,, -,,; ,.,., .
= Nn'S" o. :" 10 worth ~ i'''f"Tiy. ~ r"Ts-
en- urire,, ~ xr,cr~s honI+, whose rnuncns
ill ,,y -. go ..rc. C,- ., rs,-. r. .l,orc
on, n!on.cr w;,b . rl,o.,,in. and r.,.-r.e.
gor,h $40 900 in srraic the. has NJ, ,,,r,
sI2 800 ~ G II r,.:,ro % currcrrv vl;i.h bc c,,
s,a,n - ,;d his c1un..v9
A"F,r,,cr'' cartioucz.
..Jo. r,. ;.,c,;ro 70, ,ybc. ;s >, b.cor,, or -,
rrsscus and per cent. bonds? The best
class; Of oar n''2 nave N'V'%'''! ihFG"'y III
is, r. .;l ,}c C:,v..',roao. scco,,1 +, 80, ssr,,
thc rnsan* If paving their :a.rs with The cou.
p'ns :!. ',' '.;''' sa!'n y, .''''N@'s n'e '1',,r
- H., can,ans The ca,aci.y "a ba ysC.iysI i6r
%.Scs, THY cr77id'iH protect III" holders of :
'T' t n; 'S L.y. Aa ",. aurlt '@, ,r ,"I n'
lar rot... cGuno' sur s,io,. Coz :: moment. the
Integrity nf PATRIOTISM OF 'hc snn'h Carolina
nat!S, ~ uu ~ ,% ha.,;. "" H., ..,I.,
~" he warped ~ t5e iiaelt ni icn!:iaG Tor se-
TIES" !4.rS :" one !"F''c''''- 'htsrS>' =" IL" ca
r'n%l0n 'i others; A1 trH tanner ,,nnhs tnat
ever '"'h' >h"n," E''' way 10 's"thef' 10 t'''
rtn'ierH ihi;'E 'haf every "'h"r INTEREST mn''
yi"t' 10 Hat Q; mon"yed corporations !He safes
'i IN" o"nhS ere. doubtless, iuii 81 r,r crn'
n"tf' and as iAi'hinl c''S'"h'"<' 'heI '"i! h"unu
70 ln'E 10 tnei: ultimate s'r"'t,' huTh'G III"
;,ev haye no concern, % sl.;; for ,hemselres.'
! ". uop,a srr, iotc-)no in missing = re-
MARI ,bot ,ha rcnec,ioo in Ills cxtroct :, NJ.
+o,.the- cro+ri.ors Az the < ner cont notes
O.: ,-o M ,onco, f,,lo,1o :, 9 ror cent hand.
mt arc a nar.. of n, General currency re-
/ cs;veI and rad ous hy the banks. it is fair
u-o.rmn,;on that The banks have no NOR. or,hn
: ner cent. notos than Of any other kind but
i: is = fact that the banks hold very largely Of
thc per cent. boads.
r. .h. So,ssbrcss ;,y;,rsto1 he a Farm
.r, acains. the Bank Convention i,al really az
;uatca lha. body. i. would not have provided
for the exchange Of 5 per cent. bonds. Tie
| Dank. hold no 3 par cent. notes czcsnt those
o! deposito-s. All in their safes he!o&c Ia
, .hctr ienasitors, as does al, other notes: but
! the banks ioia largely oc : per ce-.s bonds
th. investmen, nr their earnings aad Profits.
The Convention did provide for the exchange
| Of the ner cent bonds as wei! rs the PER
cent. no,cs. iSec The r1uort publishes! to-day,
Art. ..
s. lar, va haze not found orc o!,ise'inn ta-
! Ken b. ~ FAra,ar" worth the Harcr on which
| r ,-,- ,rr,.,n qrI n~irtad M 1jrsesHf 1g;irS"