Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1864-03-15
TUESDAY MORNING, MARCH Is, 1864

i u EiSljA 1
O1e other feature Of hardship is in the pro.
vision fixing the valuation Of iund, negroes,
cotton and tobacco, at the prices paid for
them--a hard ca5e on very many purchasers.
Another il in the tax on profits.
The lrcti:s mGdo in 1863 were mostly rorr-
inal-the mere expression Of the depreciation
OF the currency. Cotton was worth January
lst, 1868. IL to 20 cents; December 3lat, 1868,
worth - or 81 cents. O;her articles kept
pace with it in great measure. The purchaser
who bought in January at Is cents, and sod
IN December ut Sc, would have nCIninGly
gained 100 per cent, and actually lost in de.
preciated currency about 20o-or in actual
values about one-half his Investment.
These inequalities nre by no means essen
! tial to the scheme. They are blemishes and
membranes, which, if they wore. necessary,
f. ought to haue defeated 1t. But tie proper pol:-
cy was, if it was designed to Put heavier tax
on spectators, t, reach them by son.c direct
means, and not by such scatter shot as r
jnred all hystanders, innocent aliko Of blame
and Of good lu%k.
. /. might be q matter Of some interest to
speculate upon tho relative value Of lst. The
new currency, I'd scaled two for three. >.
! The Few 4pcr cent. bonds, untaxeft this year,
and with teX paying privilege. } The new
4 per cent honds-untaSaLlc, an.l receivable
for import Grd export taxes 4. The ! 80
notes; and 5, The old s per cent. tonds The
last two subject to the S per cent. tax--ls
well rs ordinary notes, houds. &c.
For some time scarcity Of money will we'll
nigh luck up co,nmrroo. But prices will
m,Te rapidly adjust themselves to tho change
than in the beginning of the revolution. Pro
hablg The two-Ihirds Cf currency left will buy
more than the whole.
Iaequ ,li,y of burdens in taxGtipn il ~
necessary part Of the congressional Rcheme. 1t
is - be hoped that the approaching Congress
will promptly reotify ono or two features of
tllsrGnt injustice Aside fronl these The
TAX bill has numerous points OF merit. The
country has been ..lalnoring for taxation. 1t
has it now Mono to high. however, wcro il
edges which wear against certain interests un-
fairly. Make the sale unifjrm-do not whip
stockholders with scorpions while aiming at
spceulators-and the clunt.y will bear with
fortitude, though not without groans the bur-
densof war Observation-Disclosures Of their neces-
s;ty and willing to pay the price Of liberty.
IMPORTANT NEWS FROM EUROPE.
The "Tuscaloosa" Released-Reportca >te.
oeptance Of the Proposed Conference by
DenmaTk-Isrritis Po'rder Explosion IN
Morocco.
The latest European Intelligence is brought
by the "Australasian," WHICH lef. Liverpool
on the 25th ult:
TIE PROPOSED CONFERENCE.
Lord p;llmerston has made explanations as
to Eugland's proposition for u conference on
the Danish question. The only basis woulI
be the treaty of 1852. Denmark desired TO
postpone an answer for short period, from
! lerai conriderations.
Observation-Disclosures QUESTION.
There has been no more lighting in ScLlcs
wig. and nothing new.
Its confirmed that France assents to tho
conference, though not in o very earnest sp-
rit. The Duke Of Augustonburg, in reply to
an important deputaiion from all parts of
S,hleeHig, declared his iutontion never ~
surrender his rights.
Tue London Tines considers that tho
main point has been gained in the assent OF
the great powers to q conference, and hopes 1t
will produce satisfactory results.
PARIS Feb. 23-The ''COnstitutiOnlel,"
denying the erroneous assertions OF certain
papers respecting the conferc &C, says:
France could noe accept the proposal CT
conference, it not yet having beon made 70
her.
AFFAIRS IN DENMARK.
CcpEauAGns, Feb. 26.-The Ministry haze
proposed to the King to dismiss General DE
Meza from the army.
The Prussians were still at Holding yester
day. Both Houses of the Rigsrad to-day
adopted, almost unanimously, an address to
the King in favor Of the energetic prosecution
of the war, and for the maintenance Of the
union with Sehleswis.
The Paris [" Constitutional" saya, in re-
lation to the proposed conference that France
". .uld gladly hope for success, but it IS doubt.
iul if Denmark and the German C11tcdern-
tion will accedc.
The Secretaries Of the Danish Legation at
| Copenhagen had left that city.
The Swedish Ambassador at CsrenhageG
had been recalled ut his own rcques.
A s:eam ram, nearly rs large a. the Hector.
| built for tho Danish Government, has hren
| launched on the Clyde.
PoLAS5.
Osdcrs have been issnci st Warsaw that,
after the 22d Of March, all fpersons IF cithcr
| sex, above the ages OF fourteen must, On lcav-
| ing the house. be provided with passport on
| pain Of punishment.
TERRIBLE EXPLOSION.
1t is estimated that nine hundred persons
| wero killed by tho explosion of a powder ma
gazine in Morocco.
CHANGE IN BRITISH FEELING.
The London correspondent Of the " Plila-
delphia Inquirer" writes under date Of tie
Goth February:
81 may as we'll mention another phase Of
British feeling Afew weeks ago think the
almost universal impression wes, that the
South was nearly at its last gasp, and that
few months, perhaps weeks, would see the
long struggle at an end. This impression has
passed away, and, how or why cannot ex-
plain, the popular opinion is just now exactly
the reverse. II is the North which is now !m-
lieved to have reached nearly the last stage CT
exhaustion, and tho general expectation now
is that we shall very soon receive tls ncws of
some overwhelming reverse on the part OF the
Northern army, such as the capture Of Wash
ineton, the march of the Southern army upUn
Baltimore, &c., and even the successful ocsu-
patton Of Philadelphia is confidently predicted.
There is an mir of assurance about the Scccs-
sionists in London, and their English sympa>
thizers and allies, that have never witnessed
before since the war began, and if any de-
pendence is to be placed upon VI hat haze
heretofore called my Thermometer, there would
/ aaann tn hn snrnn rnn rrnnnda fer this CONT