The weekly North-Carolina standard. [volume] (Raleigh, N.C.) 186?-1869, 1867-03-27

of War, and shall receive such salar, as he shall
direct, not exceeding s., 600 per annum. at the
end of ten years, the absolute title to the said
homestead shall be conveyed to the said owners
or to the heirs OF such as are then dead.
SEC 5. And be IL further enacte q, That out OF
the balance of the property thus seized and con-
fscated there shall be raised, in the manner here
matter provided, sum equal to S50 Tor each
homestead, to be applied by the trustees, herein
before mentioned, toward the erection OF build
ings on the same homesteads for the use of the
said slaves, and further sum OF s5OO,OO0, OOO
which shall be appropriated as follows: S200 OOO,-
600 shall be invested in United States six per
centum securities, the interest of which shall be
semi-annually added to the pension allowed by
law to pensioners who have become So by
thereof as may needed, shall be appropriated to
pay damages done to loyal citizens by the civil or
military operations of the government of the late
ly so called Confederate States of America.
SEC. 6. And be il Further e,,acted, That the prop
erty of no one shall be seized whose whole estate
on the 4th OF March, 1866, was not worth more
than S. 900, to be valued by the said commission,
unless he shall have voluntarily become an officer
or employee In themilitary or civil service of the
"Confederate States of America, y or in the civil
or military service OF some one OF the said States;
and in enforcing all the confscations, the sum or
value of S. 900 in real or personal property shall
be left or assigned to the delinquent. lsl.
Sec. z. And be IL further enacted That the COM
mission shall put just and impartial valuation
on all the properly thus seized and forfeited, and
when such valuation shall be completed in the
several States, all the said commissioners shall
meet in Washington and assess the $500, ,OO0, 600
aforesaid, as the allowances for the homestead
buildings pro rata on each Of the properties or
estates thus seized and shall give notice of such
assessment and apportionment by the publica-
ton, for 60 days, in two daily newspapers in the
capitals of each of the said Confederate States.
SEC. 8. Andbe it further enacted, That if the
owners of the said seized and forfeited estates
shall, within ninety days after the first of the
said provisions pay into the treasury OF the Uni
ted States the sum assessed on their estates re-
spectivey, all OF their estates and lands not actu-
ally appropriated to the liberated slaves shall be
released aud restored to their owners.
SEC. 9. And be 1t further enacted, That all land,
estates, and property of whatever kind, which
shall not be redeemed as aforesaid in the ninety
| DAYS, shall be sold and converted into money in
| such time and manner as may be deemed by the
said commissioners most advantageous to the
United States provided that no arabic land shall
be sold in larger tracts than 500 acres; and
provided further. that no longer credit shall be
given than three years.
The foregoing bill Mr.. Stevens will support in
aspeech of unsual length for him, to which he
| has devoted much time and thought.