Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1885-02-27
THE OLD NORTH STATE.
~s,sinssrs The Rs,ssse niii : Is> %
Lang -Raiissaa Natter
lsnccial teiegram to the IlIsINich.l


fspeciai telegram TO the i,isIstch-
RALEIGH. n. c.. February 25.--
To-day in the House the bill providing
for the payment Of interest on deposits
Of public money passed. IL requires
the public moneys hereafter deposited
in banks 10 be secured either by de-
posit Of bonds or personal security
and 10 draw interest on average Iaonthiy
balances at such rates ~ may be agreed
on. Heretofore large amounts, some
times over half million dollars, have
lain in banks drawing no interest. IL
is thought the new plan will net the
State from five to ten thousand dollars
per snnum.
In the Senate bills passed appropria-
ting $1,000 for the completion Of the
Western Insane Asylum at Morgan,on
and for incorporating the Durham aud
Clarksville railroad.
Last right Mr.. Tate. chairman OF the
Finance Committee, reported the reye-
nue. bill to the House. The bill makes
the rate Of taxation twenty-five cents
per one hundred dollars Of valuation.
The committee say they simply recon-
mend this rate. They think the rate
NAV be cut down to twenty-one cents.
There has been a very great pressure
for repeal of the law imposing drum
mers' license-tax Of sl00 and tax
upon all purchases by merchants. Hun.
dreds of petitions have come in from all
parts of the State asking fer the repeal
of this merchants tax. The committee,
however. recommend no change. but let
the drummers' tax and merchants tax
stand just as before.
Yesterday afternoon Chief-Justice w.
y. II. Smith had a severe chill and last
night high fever. To-day he is qsite
sick and unable 10 be on the bench.
Leutenant-C Colonel James ID. Glenn,
of the Third regiment, has been detailed
by Governor Scales TO take command Of
the Provisional battalion of North
Carolina State Guard at Washington at
the inauguration. The battalion will
be about 80 strong and composed Of
four companies. The troops leave Sum
day for Washington.
In the House to-day important action
grew out of the bill amending the char
ter of the Roanoke railroad and grant
ing il convicts. The bill occasioned
much discussion in regard to the policy
of the State with reference to the pay
of conyicts. Up to this date the House
in various railway bills had required
payment otherwise than in bonds
of the railway companies, but yes
terday the committee changed this
plan so as TO secure the extension
of the Western North Carolina railroad.
| The committees amendment was adopt
ed so that the bonds of Halifax county
and Others will be taken for work. This
is a matter of the utmost importance,
as il opens a new avenue OF payment
for railroad work by counties which are
anxious to have lines Of road. IL is OF
marked importance to the States bor-
dering on North Carolina.
A bill passed the House to allow AZ
extension of the time for the payment
Of taxes due on land sold for taxes
until January next, payment then tt
be forced. Ii was stated that there are
now on file in the Office Of the Sec
retary of the State 5000 deeds, which
convey to the State 100000 acres o
land, and representing 100000 taxes
on which sherifts have been allowe'
GIG. 900 costs. and that $4,000 is still
due. making s35 900 held against thes'
lands.