The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1869-01-13
IMPORTANT BILLS.

| I'll tO-NlOrTOW, " IL m3
IMPORTANT BILLS.
The following important bills have been in.
troduced in tho State Senate by Nr. Corbin,
and ordered 10 be printed:
A BILL TO DETERMINE THE VALUE OF CONTRACTS
/ MADE IN CONFEDERATE STATES NOTES OR THEIR
| EQUIVALENT.
| Whereas, during the years 1861, 1852, 1868.
1864, and part of the year 1865, in the exchange
and transfer of real ard personal property,
Confederate States notes, issued by the 80. call.
ed Confederate States Government, were used
as basis Of value or medium OF exchange;
end whereas the value of said Confederate
4 States notes was greatly less than the lawful
money of the United States; and whereas the
payment or debts and obligations contracted
during said years in said Confederate States
notes, is now sought to be enforced in the law.
| full money OF the United States; therefore,
Be IL enacted by the Senate apd House OF
Representatives OF the State OF South Carolina:
now met and sitting in General Assembly, and
by the authority cf the same:
| SECTION /. That tho value Of all debts and
| obligations, whether under seal or not under
seal, created or contracted in Confederate
States notes issued by tho so-called Coniede-
| rate States Government, or in or by any bills,
bonds or notes assimated or made equivalent
in value to Confederate States notes by any
law or custom of trade, during the years 1861,
1862, 1863 1864 and 1865, shall he determined
by the value OF said Confederate States notes
in the lawful money of the United States at The
time such debts or obligations were created
or contracted.
SEC. Q. Pursuant to the preceding section,
the value Of one dollar of lawful money OF the
United States in said Confederate States notes
| is declared as follows, namely:
| l. During January and February, 1861: one
dollar OF lawful money was equal to one dollar
and five cents of Confederate States notes.
! 2. During March, 1851, one dollar OF lawf ul
| money was equal to one dollar and Six cents OF
| Confederate States notes.
8. During April, 1861, one dollar OF lawful
money was equal to one dollar and seven cents
of Confederate States notes.
4. During May, 1861, one dollar OF lawful
money was equal to one dollar and eight cents
| Of Confederate States notes.
5. During June, 1861, one dollar OF lawful
| money was equal to one dollar and nine cents
of Confederate States notes.
| G. During July and August, 1861, one dollar
OF lawful money was equal to one dollar ond
ten cents of Confederate States notes.
T. During September, 1861, one dollar OF law
tul money was equal to one dollar and eleven
cents OF Confederate States notes.
g. On the first day of October, 1861. one dol
lar of lawful money was equal to one dollar and
twelve cents of Confederate States notes, and
from day to day thereafter, regularly increas-
ed in value until the thlrty-frst day OF October,
1861, when one dollar OF lawful money was
equal to one dollar and fifteen cents of Con-
tederate States notes.
5. On the first day Of November, 1861, one
dollar of lawful money was equal to ono dollar
and fifteen cents OF Confederate States notes.
and, from day to day thereafter, regularly in
creased in value until the thirtieth OF Novem'
Der, 1861, when one dollar of lawful money was
equal to ono dollar and twenty cents OF Con-
federate States notes.
TO- On the first day of December, 1861. one
dollar of lawful money was equal to one dollar
and twenty cents OF Confederate States notes,
and, from day to day thereafter, regularly in
| creased lii value until the fifteenth day OF De-
cpmber, 1861, when one dollar Of lawful monoy
was equal to ono dollar and thirty cents OF
Confederate Statos notes, and, from day to
until thirty-frst duy of December, 1861, whea
one dollar Of lawful money was equal to one
dollar and twenty cents Of Confederate States
notes.
IL. On the first day Of Jminary, 1852 one
| dollar OF lawful money was equal to one dollar
and twenty cents Of Colederate States notes,
and, from day 10 day thereafter, regularly in
creased in value until the thirty-first day OF
January, 1862, when one dollar Of lawful mo-
uey was equal to one dollar and twenty-five
cents OF Confederate States notes.
II. On the first day OF February, lo62, one
dollar OF lawful money was equal 10 one dollar
aud twenty-five cents Of Confederate States
notes, and, from day to day thereafter, regu-
larly increased in value until the twenty-elghth
day OF February, 1862, when one dollar OF law
| full monev was equal to one dollar and forty
| eight cents Of Confederate StaTcs notes
is. On the first day of March, 1862, one dol,
lar OF lawful money was equal to one dollar End
forty-eiSht cents Of Confederate States notes,
and, from day to day thereafter, regularly IN.
| creased in value Until the thirty-irst day OF
March, 1862, when one dollar of lawful money
was equal to one dollar and seventy-Lhree
| CENTS of Confederate States notes.
IA. On the first day OF April, 1862, one dol
lar Of lawful money was equal TO one dollar
aud seycnty.threc cents OF Confederate States
notes, and, from day to day thereafter, roSu'
larly incl cased in value until the thlrtoth DAY
OF April, 1862, when one dollar OF lawful money
vas equal to one dollar and eighty-seYen cents
of Confederate States notes.
Is. On the first day of May, 1862, one dollar
of lawful money was equal TO one dollar and
eiehty-seven cents Of Confederate States notes,
and from day to day thereafter, regularly in
May, 1862, when one dollar OF lawful money
was equal to one dollar and cishty-nine cents
of Confederate States notes.
1G. On the first day OF june, 1867, one
dollar of lawful money was equal to one dollar
and eighty-nlne cents OF Confederate states
notes, and from day to day thereafter, "egu-
larly increased i'll value until the thlrtielh day
OF June, 1862, when one dollar OF lawful money
was equal to 90 dollar and ninety cents o
Confederate States notes.
II. On the first day Of July, 1862, one dolla!
of lawful money was equal to one dollar anc
ninety cents OF Confederate States notes, and
from day to day Il GREATER, regularly decreas
ed in value until the twentieth dayof July, 1862
when one dollar OF lawful money was eqnll
to one dollar and eighty-three cents OF Con
federate States notes, ,aud troln day to day there
after, regularly increased in value until tht
thirty-frst day of July, 1862, when one dolla,
OF lawful money was equal to one dollar ant
ninety conts of Confederate States notes.
49, On tho first day OF August, 1862; one dol
lar OF lawful money vas equal to one dollar ant
nin:ty cents OF Confederate States notes, aud
from day to day thereafter, regularly increased
in value until the thirty first day OF August
1862. whel one dollar OF lawful money wa'
equal to TWO dollars and seventeen cents o
Confederate States notes.