The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1866-06-24
FROM Washinuton.


mitted to the House of Representa-
tlves, In answer to a resolution. n
report from the Commissioner of In
ternal Revenue, from which it appears
that the amount of direct taxes by
Act of 1861, apportioned to Virginia
is 1887, $50, Of which 1879, ,49I has
6een collected; apportioned to North
Carolina $576, 1874, collected $500, 2S3;
aPportioned to South Carolina 1868,
$40, collected $205, 1881; apportioned
to Georgia 1854, ,367, collected $5l.-
421; apportioned to Alabama $529.
80, none collected; apportioned to
Mississippi S413, OS4, collected sos
OOO; apportioned to Louisiana 1886
$50, collected S3O1, 167; apportioned
to Tennessee 5000, ,43S, collected
$3S3,S11; apportioned to Arkansas
S26l ,SS6, collections not reported:
apportionel to Florida ST., ,522, col
lected S5,7l2; apportioned to Texas
1885, lO5, collected SIT, ,423. The pro
perty held by the Government under
sales authorized by Acts relating to
dlrect taxes was purchased at prices
amounting III the several States as
follows: Virginia, $32, ,2GS; South Ca
rohna, SGT, 1872; Florida, SC, ,16S; Ton
ncssee $500. In Arkansas, lands
were truck off for taxes unpaid to
bidders, who never completed their
purchases, to the amount of $1S, GOO.
The amounts received from sales in
the several States are as follows: Vir-
glnia, $1l3, 130; South Carolina. S2S.-
1873; Florida, $4,000; Tennessee.
Si22, ~; Arkansas, not reported.
Ihc whole amount standing to the
credit OF the Arkansas commissioners
from taxes collected and the proceeds
OF sales deposited to the credit of the
United States is $1C5, ,2G2.
Mr.. Gallatin has written n letter to
Senator Doolittle on the subject of
currency, &c, which ought to make
some impression upon Congress. 1t
is not probable that, while their at-
tention isso much engrossed by the
coming elections, and the issues that
are to be prepared for it, they will
give any further thought to finance.
They will, Of course, pass the tax and
tariff bills, but they arc not likely to
make any further provision for fund
ing the floating debt and maturing
obligations of the Government, or
Tor Il gradual reduction of the paper
currency. Mr.. Gallatin shows that
the supcrabundance of paper money
is undermining productive industry,
and must weaken and destroy public
credit. He makes some suggestions.
which, iflromptly acted upon, might
enable the country to stem the cur
rent which is sweeping it SO rapidly
into irretrievable ruin. Some foreign
complication might suddenly come
upon us-and our Congress leaders
are determined that it shall come
which would soon show that our pub
lie credit is exhausted and cannot be
resnscitatcd. Grave doubts are ell
tertaincd by considcrate Gnanciers
upon tho question Of the financial
responsibility of the Government, if
the policy which controls the present
Congress shall continue to prevail.
Foreign war or domestic difficulty.
towards both of which we are being
driven, will put the public credit to
severe test.-Buhinorc .Stu,.
Two or three conferences have
taken place between Mr.. Seward and
Sir Frederick Bruce, in relation to
the captured Fenians now in prison
in Canada. Mr.. Seward has, rs vet,
made no formal request for their re-
lease, but the British Government is
not insensible Of what they owe to
MIR. Seward, and Sir Frederick has
not been backward in acknowledging
1T. On a recent occasion, Sir Frede- |
rick rs much rs intimated that Mr.. |
Seward had the right to ask much of
his Government, aud that the latter
would be slow to refuse any reason
able request he might make.
.Nem York NrwS. |