Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1864-03-09

teacly
be assured, the l%iyeliest- satisfaction to Row
that my:oficisIEc course meets ~the:approTal OF
such q body ofgentlemen.
I shall cherish the gift, and:shonld occasion
offer; / am sure -thcenoble steed will iuihI
your highest expectations:
lam sir, very respectfully and truly yours,
NJ. L. BoNHAM.
I Col. A. P. ALDsIcH, Chief Of STAFF.
The Tax Bill.
in act to lay additional 1a1cs for the Com
mon Defence and Support q. The Govern
meat. So
SEC. L. The Congress Of the Confederate
States of America do enact, That in addition
to the taxes levied by the " Actso;lay taxes
for the common defence, and to- carry, on the
Government Of the Confederate States ap.
proved 24th Of April, 1863, there shall be lie.
Wed from the passage oe this act, on the sub.
|iect oftaxation hereafter mentioned, and col
lected from every. person, co,partnersh:p, as
ISOLATION, or corporation, liable therefor, taxes
as follows, TO wit: -.
/. Upon the value Of property, real and
personal and m;xedof every kind and descrlp
ton, nor hereinafter exempted or taxed at a
different rate, five per cent. Provided, That
from this tax on the value Of property, EN-
ploycd in agriculture, shall'Se deducted the
value Of the tax in kind delivered therelromi
as assessed under the law imposing 1t, and
delivered to the Government: Prouldcd,
That no credit shall BIO allowed beyond 1--we
per cent.
II. On the value of gold aud silver wares.
aud plate, jewels and watches, ten per cent:
nj. The value 0 fproperty taxea under this
section shall be assessed on the basis of the
same, or similar property in the nejghborhood
where assessed in the year 1860, except IN
cases where land, slaves, cotton or tobacco
have been purchased since the first day. OF
January, 1862, in which case the said land,
slaves, cotton and tobacco so purchased, shall
be assessed. at the price actually paid for the
same by the owner.
Src.2 On the value Of all shares or inter
ests held in any banks, banking company or
association, canal, navigation, importing, ex-
porting, insurance, manufacturing, telegraph,
express, railroad and dry dock companies,
and all other joint stock companies OF every
kind, whether incorporated or not, tive per
cent.
The value of property taxed under tbs sec:
ton shall be assessed upon the basis OF the
market value Of such property in tie neigh.
borhood where assessed, in such currency as
may he in general use there, in the purchase
and sale OF such property, at the time. OF as'
sessment.
Sec. 8. I. Upon the amount of all gold and
sil4cr coin, gold dast, gold or silver. bullion,
whether held by the banks or other corpora
tioas or individuals, five per cent; and upon
all moneys held abroadf or upon the amount
of all bills of exchange, drawn therefor on Tor
cign countries, a tax Of five per cent; such
tax upon money abroad to be assessed aud
collected according to the value thereof at the
place where the tax is paid.
III. Upon the amount of all solvent credits,
and of all bank bills, and all other papers Is
sued as currency, exclusive OF EoE-interes;
bearing Confederate Treasury notes, and rot
employed in q registered business, the income
from which is taxed i've per cent.
Sec. 4. Upon profits mace in trade and
business, as follows:
/. Ga all profits made by buying and sell
ipp gpirituoas, lioua7s -four, wheat, corn, rice,
molasses or syrur, SAIL, bacan, pork, hogs,
beef or beef cattle, sheep, oa!s, hay, fodder,
hides, leather, horses, mules, boots, shoes,
warns, wool, woUlen, cotton or mixed
:loths, hats, wagons: barnes, coal, iron, steel
,r nails. at anv time between the first OF Jan
rsry, 1853, aud tue first o. January, 1865, ten
Der cent. in addition to the tax On such profits
income under the act 20 lay taxes Tor the
common defence, and Carry on the govern
nent Of the Confederate Statcs,1 approved
April q, 1853.
II. On all profits made By buying and sell
n. money! COLA, silver, foreign exchange,
.tocks, DEBTS. credits or ohlig-tions of any
Kind, and All mercbandixe, property or reflects
IF any kind, not enumerated i'll the proceed
my, paragraph, between the times named
therein, ten per cent. IN addition to the tNESS
on such prciiis as iaconre under the act a.ore'
said.
III. On the amount of profits exceeding
twenty-five per cent. made during either OF
the years 1863 ard 1861, Wy any bank or
company, Insurance, canal, naviga-
ton, imposing and exporting. telegraph, ex-
press, railroads, manufacturing, dry dock, or
other Joint stock company OF any description,
whether Incorporated or not, twenty five per
cent. On such excess.
.Scc. 5. The following exemptions from
under This act shall, be allowed, to
wit
|. Property of each head Of family to the
value Of five hundred collars and for each
minor child Of the family 10 the further value
one hundred dollars and for each son &C
tually engaged in the army or navy, or who
has died OF been killed in,thc military Or ne.
val service, and who was a member Of the
family when he entered the service, TO the
further value of,ivc hundred dollars.
L.. Property of the widow Of any officer,
soldier, sailor or marine, who may have died
or been killed in the military or naval service,
where there is no widow, then OF the fam.
lily, ieing minor children, to the value OF one
Thousand dollars.
III. Property Of every officer, soldier, sail
or or marine, actually engaged in the military
or naval service, or Of such as have been dig
abled in such service. to the value of one
thousand dollars, provided, that the above
exemptions shall not apply to any person
whose property, exclusive of household fur
niture, Shall be assessed ct a value exceeding
onn thousand dollars.