The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1864-06-04
IIOusc Tax Bill.
The following Is a copy Of the Tax bill pas
BY the. House of Representatives on Thursday Ia

lts
OF the act IN levy additional taxes tor The c"tEIn
defence and support Of the Governmeat. approved
ITth February 1864 be amended and re enacted
20 as to read ~ tuli0'Vs =.
srCTIoN / Thai in addition to The taxes levied
by the act to lsy taxes for the common defence
and 10 cary on tke Government "f The C"nrde
rate States approved Ari e4ih, 1863, there shalt
he levied FROM the ith Gay "' sro'uaiy, ieoi, On
and coliec,ed1lou, cper person, CO partnership,
association, or corporation liable therefor, taxes
as follows, 10 witt
Firs,EIjpon the valne Of all property, real per
soual. and mixed, OF every kInd and descs pli0n,
not hereinafter exempted or taxed at different
rate, five per cent Fforided, That from the tax in
the value of property employed In agriculture shan
be deducted the value OF the tax In kind derived
thet. from during the same year as assessed under
the law i'm preesing il and delivered 10 The Govern
ment wheiheT ceiiverabie during I'll. year or after
wards, including the bacon aehsefed after ana not
ployed in agriculture as Aforesaid; and the c0ec
lion Of the tax on such property shall be suspended
after assessment under the order Of the Secretary
OF the Treasury until the Vaiue OF he titles 10 De
deducted can be ascertained, and when 40 ascer
taincd it. shah be The duty OF the Post Quarter
master u eetiiiy, ana oI the District cbise',ast"
deinet, the ai,s",lnt 6f such tthes. And any bal
ancc found due may Ice paid IN sh'nd3 ana ecrti
Gates authorized ky The aett0 IedHce.thc currency,
and 10 auiInTza I neW tue af notes aud honda IN
hhe manner, az taxes payable dining The year
SECOND On the vaimc nj gold and silver ware
cent. bn Tue value Of al shaifs ~ interests held
in any bank. banking c0rPahy ~ ass0tiatiUn, ca
nal Biviga ion, Importing and uSPOrting Insurance,
manufacturing, tcie:faph, tIpIez5, railroad, dry
dock cnmpani~7, and all othfT J"iHi stock compl .
nies Of every kind, Tkeiher incorporated or moi,
five Per ceGt, which tar shall hr assesssd against
ana paid by Tie r0inTahy IN each cd7a. And when
the si,sies ~ Interest In any such company are
taxed No "tifi TAX shalt hf inpa'th under til act
upon any property OF sicE company Ierrrsr nipd by
the valuation Ct such i1ies interest as directed
in the aacOnd seciiun Of this act, ycePl the tax
imposed ny the Ntat paragraph OF the third srctina
III his act.
y c,iun H. The value 0i propetiy, shares ana
Interests taxed under the preceding srcton shall he
a. srssed on the basis 0f The market value Of the
iame a5 similar property IN the nrishh0 hnnd
vi a4srs irL IN The year lcG0, except that where
lauas slaves, si,ates or Interests have heen pur-
chased since The ist day Of January, 1872 olher
than land purchased by refugees aud held and Oc-
Cupied by them for their II and residence,
they shall be assessed al the price actually paid for
fh"n by the owner or f for any callse that csnHot
be ascrTancd Then at the market value at the time
0t such purchase. Shares or interests cr.ated
since the year 1861 shalt be assessed at their actual
cost TO the NJ hnldef Provided that no shares
OF interests which are now worth par or over par
hail he ASSESSED at less than par.
section WI Upon The a,aoIint of all gold and
silver coin gnih Cust, s"lt aud silver tuition, TIT
irs9 purchased -ince ihf fist day O January leo
lnI Then upon the actual cost tn the present huid-
rr, ten per cch, exec 1T where the same IS already
si.c OT
by The inst scct0n OF ms act, aud In such caSt
ten per cent less ilie smOunt cf tx so imposed;
a Rd upon the value OF all huneys held abroad, OF
bills of exchange GraWn therefor, and promissoIy
mates, rights and credits payable In foteIga coun
tries FIVE per cent, according to the value thereof,
at the place where the tax thereon is payable at
lhe time Of assessment, except where the same is
in the tax on shares or interests imposed
by the first section OF this act, and then five per
cent less the amount OF tax imposed, payable in
Treasury or tour Per cent bonds,
nr certificates authorized by the act OF February
n, lesl 10 reduce the currency and authofiHt. new
issuc Of notes and bonds
Srcnnd-upun ihc aHihflnt of all solvent credits,
ina OF all bank tii ; and ri "thes paper Issued As
uIIeHGy, exclusive of Hna iaiettst hf a5ing Cot
ieieraie hotcs and Cuiiedr,air bUnts, AID EJi
employed ia 4 Registered business, tue tacGihr
derived isoEa which is taxed i've p-s cent ut,.i,
lne par value thereof: Efovid.d that The Income
derived from Confederate bonds and Interest
se airing Confederate Treasury notes shaii be taxed
as other incomes.
Section ~. That paragraph 4ih Of seciion Il ve
Of the same act be amended by adding thereto as
follows:
6 la case Of disagreement hetwecn the owner
and the officer as 10 the reduction Ot taxes under
lhis section, the question shalt be settled by refe
rees, as is provided in the cases Of disagreement
under the 9Th section OF the set 10 amend an act
entitled an act 10 levy taxes for the common de-
fence, and carry on ihe Government of the Con
lrderlte States, approved February II, 1864 -
Section V. That paragraph sixth, section four, OF
Ie aet {" amend All act tentliea an act 10 lay taxes
Tar the c0inunIUn drfehce ana cary Cn the Cav
eminent Of ii,e Confederate States, approved Feb
uary Il, cbi. be, and the same Is befeby amend
I'd so as To include wholesale dealers InaAaac-
tnrers, aud coal and other miners, aud salt niahn-
who make II q business to sell their OWa
products to other dealers To sell again aud that
section 10th Of the same act be, and The same Is
hftehy, amended SO as To read as follows:
fust-The l0cuine property and money, Other
than COntedera,c T.@asnrx notes, of hospitals,
asyiuHis, churches. schools, colleges, ana OTTER