The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1866-11-28
S32,869.06
3l,310.07
7,9G2.11
29.7SO.32

rfoIauen tt q. rSlurhs unpaid, principally capi-
Jury tickets deposited by Tax COLLECTORS: 7Scsi
lax executions issued and in hands of Sheriffs
ana balances duo In hands of Collectors. 29,78032
Total. l...........................s4 .s419, ,GG8.71
This estimate does not include executions issued by
the Tax Collectors against persons who have failed to
statement of the is herewith trans.
mltted for your information.
Inc entire revenue received into tho Treasury from
Iaxcs Bills Receivable registered and carried to cas and
h"ro FINER nnGr mn %sp sources e;s H. @ "
Leaving in tho Treasury u balance, on tho 3lst
Subject to draft, of which sum there was in
National currency. 732i5 35
Tho Treasurer has, in obedience to tho Act of 2st
Receivable issued by this State" promptly exchanged
October Tho undrawn appropriations such appro.
DO paid principally in Receivable until tho taxes
for the fiscal year. commencing the 1st of October last
shall be paid into the Treasury which payments should
be required to be made by tho Collectors carly
next If 4 the general Assembly reenncts tho clause in
the Tax Bill OF the last requiring that all taxes sr
be paid in gold silver National currency, Bills
exchange tho Bills Receivable for National currency,
there Is no good reason why the valuo of tho former
General estimates appropriations for tho present year
at three hundred and two thousand soven hundred and
mendation hereinafter made to provide payment
Of the public debt should bo adopted by you. Tho
peculiarly oppressive 10 the people at tho present time
The ordinary expenses of government however must bo
met and the faith end credit Of tho State maintained
furnished and taxation tho only left u.s. Tho
burthen should be rendered light possible by the
requiring strict accountability from all public func-
Material changes in the subject matters of taxation
and notifications in tho rates requisite render
to make asscssmonts of the Value of lands and town
and city lots Tho Capaton Tax is onerous and is not
reduced at least one-hai and tho employer should be
held liable for every poll in his service LIST March
dentists. millcrs cotton pickeries for toll merchants
shopAccpcrs radesmcn nuctioncers livery stable keep
efs motel nnu eating nonrcHident merchants and
drummers, and Others should be introduced. Taxes
should be imposed on money at interest bonds and SOL
ewelry gold and silver plate and Watches carriages
bugges all horses not used for agricultural purposes
ncorporated companies, including railroads exempt
ed by law from taxation lcgacies disbutivo shares
and the gross profits of brokers. factors and banking
corporations The taxes heretofore imposed on express
very materially increased, those companies are rcaz
ing large profits on their several investments.
two dollars regulated by thoir value or importance on
per being required to reimburse the ocer for ihe
SAND. --..--
And lastly. tax should be levied oil all salaries and
incomes exceeding five hundred dollars.
Tax Bill embracing these new features would raise
sum a5undanty sufficient to meet ell the curront ,ntB
of tho Sae, and provide for the gradual redemption of
tho public debt The psymoat Of taxes thus vei would
fall principally upon the veal by and those whose M
rloy ens yield them ready Ish, and wGuld occasion
compara,ivcy little nconyoni"nco to tho taxpayer.
3 the to st. on the public o1t has ieen
but its loss of assets growing out OF tho war; together
with its large outstanding circulation prccludes the pos
siby OF relying further upon it, and tho debt, princ
pal and interest, must be met by taxation.
The Treasurer, with tho assistance of additional
clerk pay out, in future, all claims from his own
counter; and recommend that appropriation be made
to the salary Of such clerk and md that the Bank be
The loss of assets, and tho imposition by the general
6ankng law Of Congress Of go heavy tax on the circu
that the Bank of the State of South Carolina
or an a Its
assets put in tho hands of Commissioners for rs early Ii
quotation as may bo practicable,
TAX-coLLEcToRs.
Tho Tax-Coecors aye heretofore been elected the
Election Districts in which they reside Since the abro-
cation the Parish system, the former legislation
within the former Parish lines. Beaufort consti-
tuting but single Election District still has four
Collectors; and Berkeley Election District has eight
collectors. Tho reason for Tax-Collector each
Parish ccasng to exist the Inv should modified
to elect ono for each Election District The additional
numbers require increase of the books to be furnished
by the Treasurer and larger number of returns. The
commissions nrc insufficient to induce business to
accept OF these small placesin of the Parishes, the
Collectors commissions less than fifteen dollars; and
in another tSt. Johns, Collcton,l collections have
been made, because no one within my knowledge, would
accept the Office recommend TINT the law be modi-
od as to provide for tho election of Tax Collector
each Election District
THE PUBLIC DEBT.
Tho Comproller-G General and Treasurer pursuant to
the requirement Of tho Act of 21st September last
pared ind forwarded me statement showing tho aggre
gate ount Of the principal and interest calculated UP
to July 1867, tho stock and bonds due which
the Act provided for funding copy of which is herewith
communicated; and my proclamation has boon issued
formally to the Act contract Inns been made to have
the bonds printed and il agreed that they shall bo do
hvercd here by the 10th December when the funding
may be commenced. The amount reported as DUE the
1s. day of July 1877, by tho Comptroller and Treasurer
is million two hundred and ton thousand eight hun
drcd and two dollars aud elghtyve conts (1 85
Provision must he made at tho present session. to pay
the son annual interest on this the 1st january
1863 transmit their statement herewith.
There wns no provision madc by the Act to fund the
interest duo the Stocks and Bonds of the Fire
and the lattor in 1863 Tho interest duo tho 1st
October last stocks and bonds sixty-eight thou
eand two hundred and twenty dollars and ttyve cents
(S6S 55 and recommend that authority be granted
to fund tho interest now due, and tlnt which will
accumulate up to the LIST january, 1869.
The whole amount Of tho public debt principal and
tercs OF this State not including the debts contracted
for or on account OF the war tho 1st day of Oc
two hundred and twentyseven donrs and seventyfour
cents s5, POI 2277 OF this amount four hundred and
ctShtyfour thousand four hundred and fortyfour dol
lars and fftyone cents (S484 4A61, is redcomabe IN
1863 and three hundred and eighteen thousand one hun
dred and ftynine dollars and twenty-five cents $685.
69.25) In 1870.
Tho remainder of the debt inot including treo hun.
drcd and ten thousand dollars 000 already provided
for by Act Of 1st September last, authorizing Its fund
ingl, is rcdeemnble from 1875 to 1890.
The interest tho whole (orcept tho Fire Loanl
to fund it, to the st day of january 1868. by which
tmo 1t is hoped the State will BIO In condition to
promptly pay interest as It fals due The statement OF
the Comptroller General showing the debt and tho
1t lie, however, eminently proper TINT financial
scheme should be adopted to prepare the State To