The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1878-02-21
The Barbour Bsll as &C Passed Che.
House and was. Amended fn senate.

| Senate Gneendn1enfS IN ftGticS.
| Whereas the condition OF the people OF
this CommonWea is such as to render an
increase of the rate OF taxation upon pro-
perty impracticable, and the General As
sembly OF Virginia, conceding that it's
power to tax the property or person Of, the
citizen must at nil times be confined within
| the reasonable limits prescribed by what,
In the Judgment of the General Assembly,
Is the ability OF q citizen TO pay without
ruinous damage, to his property and busi-
ness, hereby declares that the present rate.
Of taxation Ito wit, fifty cents on every
500 OF the assessed value OF property-is
the utmost limit to which this The
was changed to this] General Assem-
bly, shoHld proceed in leYying taxes;
and whereas the revenues OF the Common
wealth, with the present rate Of taxation
(which is the highest that should be imposed
at this time, will not enable the Common
wealth to maintain IFS governmental organ
1ization by paying the necessary expenses
incident thereto under the most rigid sys-
tenn OF economy, and to discharge its con-
stitutional obligation to the system OF free
schools, ordained by thesfundamental law
OF this Commonwealth, and to pay the pre-
sent rate OF interest ON the amount claimed
as the principal OF the public debt; and
whereas the preservation OF the State gov
vernment is absolutely necessary not only
for the protection OF the person and proper
tv Of the citizen Of the Commonwealth but
for the preservation Of the rights and pro-
motion OF the interest OF the creditor OF the
Commonwealth; therefore
/. BE 1T enacted by The General Assembly,
That on all tracts and lots OF land, and the
improvements thereon, not exempt froIG
taxation, and on all personal property aud
chooses in action, and on all toll-bridges and
ferries, there shall be tax leuied in each year
until otherwise provided by talc-tirst. OF
twenty-five cents on every one hundred dol
lars Of the assessed value thereof, which
shall be paid and collected only in law
full money OF the United States for
the exclusive purpose OF defraylng the
necessary expenses OF maintaining the
government OF this Commonwealth. as
the said disbursement may be dl.
rected by proper appropriation acts
OF the General Assembly; second. OF
value thereof for public free-school pur-.
poses, which shall be paid and collected
only in lawful money OF the United States,
and shall be paid into the Treasury to the
credit OF the public free-school fund, and
shall be used for no other purpose what
ever: third, OF fifteen cents on every 500
OF the assessed value thereof, and lohich,
aoith all other reUeniIe except the CGpitatlOn-
tar and q portion of the liguor-licenSe taT,
not to erceeC S75, 900, shall be- applied to the
paument of the interest on the public debt.
9. 1t shall be the duty of the Auditor OF
Public Accounts to have prepared, as soon
as practicable, the necessary books for the
commissioners of the revenue, with sutfi-
cient and appropriate columns for designa-
ting and setting apart the several taxes
hereby levied for the objects and purposes
herein recited.
| 8. 1t shall be the duty Of the treasurers
and other colecting-oficers of the counties,
cities, and corporations OF the Common
wealth, as soon as the commissioners OF the
revenue shall deliver their books Of assess
ment, to have made out taX-bills, in which
shall be specified the amount Of tax levied
for each of the purposes above named, and
shall keep the same separate and distinct
from each other upon the books OF their
Offices. The said treasurers and other col
lecting-officers shall, as soon as said books
are delivered to them, anfthe said taX-bllls
made out, proceed to collect the same as
now required by law, and pay into the
treasury the amounts so collected by them :
which amounts shall be placed to the credit
Of accounts which shall be kept by the
Treasurer, and denominated-hrst, the ac-
count OF money paid in and disbursed for
the purpose of defraying the expense OF
maintaining the government OF the Com
monwealth; second, the account o. money
paid in and disbursed for public free-school
| purposes; third, the account OF money paid
in and dSbursed for paying the interest on
the public debt; and the funds so credited
to these several accounts shall be dlsbursed
for the several purposes designated for the
said accounts in such manner as may DE
prescribed by law.
f.. The collectors Of the public revenue
shall in every respect conform to tue re-
ouirements OF section of this act in col
lecting and remitting said revenue; and
rpon a failure thereof shall be proceeded
against in the same mode as is directed
against the treasurers or other collecting Of
ticers OF the counties OF corporations by eN-
isting laws.
| 5. Nothing contained In this act shall
be construed as interpoSing, or intended
to interpoSe, any obstacle IN the a1dy OF
the creditors of the State IN asserting any
legal rights they may possess, or to compel
their acceptance of any compromise OF such
riqhts 1oithout their fuH concurrence and
consent 1T being the intention of this Gene
rat Assembly, by heprouisions Of this act,
to relieve the present financial embarTdSS-
ments of the Commonwealth, 10ith full pur-
nose, If practicable, and aoiM the con-
sent of the creditors, to secure an adjust
men: of the debt of the State upon fair and
honorable principles.
G. This act shall be in force from its pas
sage.
AS to whether the House will agree to the
Senate amendment proposing to devote
nearly all the license tax to the payment OF
interest, the following resolution adopted
on Tuesday, ON motion OF Speaker Allen,
will give the most direct information:
Resotved, That the Committee OF Finance
be instructed to report bill for the read
justment OF the public debt embracing the
provisions of House bill No. 80 barbour
| bin, setting aside 10 cents on 500 for sup
port OF public free schools, 25 cents on the
500 for support Of the government, and
appropriating all the other revenues of the
| State in payment OF interest on the public
debt without discrimination between cred
| itors. 49,
RELIGIOUS SERvICEs.-Rey. DR.. Ed
wards, pastor OF Park-Place Methodist
church, has been holding religious services
every night this week with encouraging re-
suits. The meetings will be continued from
night TO night. This new church enter
prise in the west end Of the city has fully
realized the highest expectations of the pas
tor and the friends OF the undertaking.
The congregations are growing, and the
| membership increasing.
i "A WORD TO THE WISE Is SUFFIC1ENT.-I'
lis now time to get dog-medals, dog-licenses.
Il II. 4 l. k1o