The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1866-06-12
sErons Wa.asssston.

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THE NEGRO CASE INyohyNa. "A ooNsTI-
rUTIoNAh QUESTION.
It is understood. that the Judges
hold the opinion that the act Of Con
gress retroceding Alexandria to the
State of Virginia is unconstitutional,
and that Congress, in the matter, did
not exercise its powers, but delegated
them to-, the people of Alexandria
County. Owing, however, to the
length of time that had supervened,
and the tendency the granting of the
petition would have in embarrassing
the courts In their functions and in
| creasing litigation, they deemed it
inexpedient to grant the petition.
PARDONED.
j. G.. White, the present Mayor of
Portsmouth, Va, was pardoned by
the Executive, to day Mayor White
held q petit Office under the rebel Go
Fvernment, and was pardoned as
coming under the first section of the
amnesty proclamation. Having been
elected Mayor, he was not permitted
| to assume the duties Of the Office,
until pardoned.-Slor.
MIR. SEWARD AT WORK.
Secretary Seward gives a dinner
party, tonight, and the fact thatsun-
Edry well-recognized radicals are
among the invited, gives special
significance to the event in the minds
OF many.-Greeley's paper.
INTERNAL REVENUE TAX.
Under the regulations lately adopt
ed by this Office, gains derived from,
and losses incurred by, the purchase
and sale of stocks, are regarded as
gains and losses in business, and
without reference to the time during
which the stocks were held; interest
and dividends derived from stocks
are regarded as income derived from
s,cet Investments, without reference to
the time during which such stocks
are held. But when gains derived
from the sale of stocks involve inte-
rest received Or accrued. such gains
may be regarded as derived from bust
ness alone.
Salaries, except where specially
provided for by statute, are regarded
us income from business. The value
of property used in business, less the
amount of insurance, may be deduct
ed, when lost, from the gains and
profits of business. The fact that q
person returns gain or claims loss
upon the purchase and sale of stocks,
does not necessarily imply that be
does business which requires, or has
required, the license of broker. The
liability to be taxed for such license
should be determined upon its own
merits and as an Independent ques-
ton. e. A. ROLLINS,
Commissioner.
PARDoNS.
The President has decided, to-day,
(5th) that no more pardons shall be
issued, for the present.
New York He,mlh
The Herald is mistaken. The Ma
tionA Republican, tells the story us
follows:
1t is q fact, not generally known,
that the President, a few days since,
gave positive orders to his pardon
clerk to deliver no more pardons, ex-
cept to the applicants themselves,
and to entertain no application pre-
sented by third party. In case of
the absence of the persons receiving
pardons, they are forwarded to the
Governors of their respective States,
who in returl forward them to the
parties pardoned. This judicious
decision of the President will save
him world of annoyance from pro-
fessional pardon brokers, who, for n
year past. have bored him with their
opportunities.
SOMETHING TO BE THANKFUL FOR.
The correspondent of the New
York World, of the Sth, telcgraphs
to that paper as follows:
"The Republican Senators have
agreed, informally, to adjourn, sine
die, on July Is. The House, this
evening, passed resolution to ad-
journ, the Senate concurring, on June
%, but the latter will be reconsi-
dered, tomorrow.
FROM MExIco.-The New York
He,o'd has late Mexican dates
L. able is brewing between the