Spirit of Jefferson. [volume] (Charles Town, Va. [W. Va.]) 1844-1948, 1867-03-19
RD1roRIAL RRnv1p1ns


little less than three millions of dollars. But
the claims of loyal men. North and South
Tor property taken or. for property destroyed
during the progress Of the var, have vet to
be allowed and counted. The New York
i Tunes whose editor was member of the
last Congress. says it has very good reason
to believe that the amount of such of these
claims as will be found to be perfectly just,
and such as must be paid, all approach very
nearly, If at docs not equal arAGt is under-
stood TO DC the present aggregate Of the ma
ttonGi DEBT This may seem extravaganza as
it certainly is alarming; but it believes time
will show that it is not an over. statemeaI of
the actual fact.
The Cincinnati Times says the Bankrupt
law was passed for the benefit of the people
of the South, and claims the fact as evidence
Of northern and radical generosity. The
Times itself must either be very ignorant, or
must think we are. The real truth is Just
the reverse Of the fact stated. The bill was
once defeated, and afterwards hung fire for
long time, just because the South was to get
the benefit of it along with the rest, and Sum-
ner's motion in the Senate to exclude South
ern debtors from it's benefits, ten Senators
voted "aye." The bankrupt law was passed
because of the universal clamor for it at the
North, all the Radical newspapers going for
it &ith great zeal.
The Bank of Virginia having assigned
all its effects to S. c. Tardy and D. J. Saun-
n kr,1-I l., i
tcers of the Bank, in each city, where branch
cs OF the same were located, to notify all
persons indebted to the Bank, whose debts
originated prior to the first of July, 1861, to
make payment without delay in National cur
rency, and that the notes of the Bank or
branches will no longer be received in pay
mcnt of such debts.
The act approved March 2, 1867, amend
ing the existing laws relating to internal rev.
enue, requires the assessment OF the annual
taxes heretofore made in the month of Nav
to be made on the corresponding days in the
month of March. The principal changes in
the law respecting the income tax are those
increasing ms exemption from $500 to
81 eco, and the repeal Of the tax of ten per
cent. on sums above $1,000, SO that the law
now imposes uniform tax Of five per cent.
on incomes in excess of 81 900. Profits ON
sales Of real estates purchased since December
81, 1868, are made taxable as income.
The Richmond Enquirer states, for the
benefit Of all interested, that registered State
stock is transferred on the books Of the Sec
ond Auditors Office, by appearance in person,
or by power Of attorney separate from the
stock. and duly executed before justice Of
the peace. Coupon bonds and interest cou-
pons are transferable Jy simple dcltre,:y from
hand to hand.
The State of Illinois has now law au.
thorizing the jury which convicts culprit of
felonious homicide to decide whether the
penalty shall be death, Imprisonment Fl + life,
or Imprisonment for term of years. This
amounts to the practical abolition OF capital
punishment.
The United States Senate has given in
dications of tairer spirit in reference to the
wrestling Of Alexandria from the State of
Virginia. The bill SO precipitatcly passed
| y '''S AAONoS WIZ NV Dc dClCu Oh without
proper investigation
Mr.. Larkin n. Saunders died recently
at PLANES Station, in Fauquicr county, in
the ninety-sevcnth year of his age Two
weeks after he was followed to the tomb by
his rclict, Fannie, who was in her cigh,y,sev-
enth year. 'aThey had been married fifty
seven years, and were the last members of
their respective families
"A farm belonging to the estate of James
Parsons, of Hampshire, containing 400 acres,
was recently sold in Romney at public aution,
for $4,000, payable in II, "a and Sc
months, O'Key johnson, purchaser.
Mr. Thomas l.. Brown, at one time
Sheriff of Berkeley county, and formerly
citizen of ,Shepherdstown, has been appoints
ed United States Assessor for this District, in
place of o. d. Downey, rejected by the U.
S. Senate.