The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1865-03-28

is hereby enacted that the certificates of indebted
ness, authorized by fine said of February 18th,
1861 may be issued for debts contracted prior to
the passage of said act. And the Agent of the
Treasury of the Trans Mississippi Department, be
and he is hereby authorized to issue, under regula
tons to be prescribed by the Secretary of the Treas
ury. the certificates of Indebtedness provided for in
said act of February 18th 1864 fer debts contracted
prior subsequent to the passage of said act, in
the Trans Mississippi Department, aud that all the
certificates above mentioned shall be received in
payment of said taxes, in like manner and to the
same extent the certificates originally authorized
by the said act of 18th February, 1864 subject to
the provisions above mentioned.
Sec. 4. That upon all the subjects of taxation
mentioned in this act and the act approved 18th
February, 1864, entitled ian act to amend act
entitled act to lay taxes for the common defence
and carry on the Government of the confederate
States" approved Oath April 1863 there shall be
levied and assessed for the year 1865 additional
tax, in money, equal to oDe-eghth of the amount of
the tax the same subjects, imposed for the year
1868 by this act and the said act of 18th February
1864; which tax shall be payable in confederate
treasury notes. of the ISSUE only, and shall be
assessed and collected at the same time with the
other taxes; and the money arising therefrom shall
be first appropriated to the payment of the increased
compensation of the soldiers of the army; Provided
That this additional tax shall not be construed to
apply to or to increase the tax-in-kind.
Sec. 5. Any tax payer, under regulations to be
prescribed by the Secretary of the Treasury, shall
De allowed to pay into the Treasury, in advance,
such sum or sums as he may choose, account of
taxes to accrue against him, and to obtain therefor
unassignabe certificate of such payment.
Sec. 6. Congress having intended by the act of
18th February, 1864, entitled act to levy addi-
tional taxes for the defence and support of
the Government" amended by the act of 18th
June, 1864 to impose said additional taxes for the
year 1864 only the said act Of 18th February 1864
as amended, in so far it be construed to
operate otherwise than thus intended, shall be,
and the same is hereby repealed. And all the taxes
imposed by this act shall be. paid without any dis
count credit for the value of the tax in kind the
income tax, and all the taxes incomes and profits,
under existing laws, shall be paid without any credit
or deduction of the ad valorem tax.
Sec. z. That when property, real or personal, has
been injured or destroyed by the enemy, the
thereof has been temporarily deprived of the use
thereof or, in the case of real estate of the means
of cutivating the same, by the reason of the pos
session or proximity of the enemy. the assessment
on such property may be reduced in proportion to
the damage sustained by the owner, or the tax as
sessed thereon may be reduced in the ratio by
the District collector, satisfactory evidence sub
mitted to him by the owner assessor
Sec. 8. That the Secretary of the Treasury, on
the recommendation of the Board of Police, county
buna as may be prescribed by the State collectors
respectively transmitted through said collectors is
hereby authorized to suspend the collection of taxes
now due, or imposed by this or any other or future
acts in those districts where depredaons have been
committed by the enemy. in cases of individuals in
such districts, where in his Judgment the
of the tax payer asking such suspension have been
so seriously damaged or destroyed to render the
payment of taxes impossible or excessively. oppres
sye; such suspension to be revocable at the pleasure
of the Secretary of the Treasury.
Adonfe cd Feb. 1868.