The tri-weekly news. [volume] (Winnsboro, S.C.) 1865-1876, 1866-12-01

Congress, of SO heavy tax on the cir
culation of: all other than National
Banks, make it manifest that tho Bank
of the State of South Carolina can
never resume business: and recon-
mend that its charter be revoked or
declared forfeited, and its books, pa
pers and assets put in the hands of
Commissioners for as early liouida-
tion as may be practicable,
TAX-cOLLECToRS.
The Tax-Collectors have heretofore
been elected for the Election Districts
in which they reside, Since the ahro-
cation of the Parish system, the form
er legislation has not been changed,
and Collectors are still elected by the
voters within the former Parish lines.
Beaufort, constituting now but a sim
gle Election District, still has four
Tax-Collectors ; and Berkfcy Election
District has eight Tax Collectors.
The reason for Tax-Collector in
each Parish ceasing to exist, the law
should be so modified as to elect one
for each Election District The addi-
tiopal numbers require an increase of
the books to be furnished by the
Treasurer, and a larger number of re-
turns. The commissions are INSULT
cient to induce business men. to accept
of these small places in one of the
Parishes, the Collectors commissions
are less than fifteen dollars and in an
other (St. Johns, Colleton), no Col
lections have been made, because no
one, within my knowledge would ac-
cept the office. | recommend that
the law be so modified as to provide
for the election of one Tax-Collcctor
for each Election District.
THE PUBLIC DEBT.
The Comptroller:G General and Trcasu-
rer, pursuant TO the requirement of The
Act of Dist September last, prepared
anG forwarded me n statement Showing
the aggregate amount Of the principal
and interest, calculated up to July |,
1867, on the stocks and bonds past due.
which the Act provided for funding, a
copy Of which is herewith communiea
ted; and my proclamation has been is.
sued, calling on these bond-holdcrs to
fund their demands, conformably to the
Act. A contract has been made TO
have the bouds printed, and it is agre ID
that they shall be delivered here bv the
10th December when the funding may.
be commenced. The amount reported
as due, on the ist day pfJuls, 1867, by
the Comptroller and Treasurer, is one
million two hundred and ten thousand
eight hundred and two dollars and
elghty.fve cents (Sl,21O, ,SO2.S5.)
Provisions must be made, at the present
session, to pay the semi-amual interest
on this sum on the LIST. of January
1858. ! transmit their statement here.
with.
There was no provision made by the
Act to fund the interest now due on the
Stocks and Bonds of the Fire Loau-
the principal of the former redeemablc
in 1870, and the latter in 1868. The
interest due Oh the lst day of October
last, on stocks and bonds, was sixty
eight thousand two hundred aud twenty
dollars and ffty.fve cents ($6S,22O.55)
and | recommend that authority be grant
ed to fnnd the interest now due, and
that which will accumulate up to the
lst January, 1869.
The whole amount OF the public debt,
principal and interest, of this State. not
including the debts contracted for, or on
account Of the war, was. on the lst day
OF October last. FIVE million two hundred
and tive thousand two hundred, and
twenty,seven dollars and saventy-four
cents ($5, Dos, ,22s.74) OF this amount
four hundred and eighty.lour thousand
four hundred and forty-four dollars and
and hfty.o cents (484,444.51.) is re-
dccmahle in 1868, and three hundred
and eighteen thousand one hundred and
hlty-ninc dollars and twenty-five cents
(3ls, ,l59.25,) in 1870.
The remainder of the debt, mot in
clud'ng three hundred and ten thousand
dollars (al0,000) already provided for
by the Act OF Ilst September last, An.