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lome s'.ight amenJr- ■ ni the Turbirge ol the bilv, S\ pawied ul A bill to repeal the 57; and '• 6th sections of Nb* Gorte—relates to ne, , u. ttra anil extort ers. The bill passed, and th - rmthcrlty to grant licenses to prev» < r *1 ; reals with tie church. It was c • u cl 1.. Messrs. Seward, Lewis, V aeon, Kobe In If. nin the affirm-1 •tire, and by M-- r.. .1 .c ~nd Moseley ia the negative, and m 12. ArTltt.vooN Seshon. i! ..-r the close ol my letter on yesterdb-y n rg, u.e Senate passed the bill to nllow n«-,*o oe learned to read — repealing the law j»: •»: ■ :i/ t. Nothing aas don .n tl,o S mote thig afternoon but the passage o! a!> f prcv,de for perfecting titles when partie* die bavioi- a bond for title. A message wan rtc* llr m the Governor in reference to the Cation (/..rd Works, which was referred to a special c ■ ••.tee. The Governor ■tales that one hur* >. pa rs of e>r a could be turned out per day ii there was on band a supply of wire. Engagements liar, be it made with a Arm in Dalton—Slcfsrs. Russel, Brother A Cos., to make wire, and pariiea arc also engaged to im port a supply through the l/ockade. The exact ooit of making a pair of cards at about #4. Two new machines are completed, and three more well under way, with fire more h !f done, and three large machines begun for miking 41 inch cloth for factories. About 1 20 1 turds have been made since the purcK. e ii / the Stute, which have ktaen sold for sheep and dog skins. The Governor ■ays that Messrs, l.eed A Cos. did not turn over more than wire enougti to make 1150 pairs of «ards, when they contracted to lurniab enough to make 12,000, and he re n.ii;{incis that the vain* of tbs wire be deducted fioiu the sum to be paid for the works. He dees not deem it best to purchase the remain.ng bud inter as, according to the contract, the (State controls ice works as lully os though it owned them nil, and the interest cannot he bought except at aa exorbitant price. nousx — march 31. The House met at i o’c onk. Prayer by Bar. J. H. Echols o: the Senate. On motion of Judge Cahio:*t:3 the courtesies of the; House were extend Rev. «j. p. Pryce, member of the Legislature ol .South Carolina. House bills ware read a second time. Judge Love was permitted to introduce a bill to amend the charier of the Caaaville Female Col lege, and lor other purposes. Mr. Whitehead ol Walton, a bill to authorize the Governor to pay for guns furnished by citi zens of the State. Mr. Felton, to incorporate the Evangelical Lutheran Synod of Geor-.ia. Mr. Wizell, a res..lotion instructing our delega tion in Couf rets to hate a post line established between Tebtativiile on the Oulf Raiiioad, and Trader’s Hdl, in Cbarieton county. Mr. Pitman of Ware, a hill to repeal an act al lowing certain county > die to ho and their offices away from the Court ilcu c. The Special C<in was reporta#a resolution to decide on what basis tax returns ■ball be made, reported a resolution that property holders shall be requt ed to make returns of pro perty at its market value iu Confederate money; that property within the c . •• ly’s lines be exempt •from taxation, provided it do not apply to wild lands. The resolutions were freely discussed by Messrs. Lore, Whittle, Cochrane, Schley, Adams and Kender, in the affirmative, and by Messrs. Cand ler, Lee and Smith, in the negative. They were .■lightly amended by Judge Htepbens so as to ap ply to gold, silver, bullion, public and private ■locks, and ub offloaded (.-;..\ and. Judge CuhMeai prove: t-l a long and able re •port from the commit’.on tLe : adorpament of Uonfe let ate bonds. A minority import was also presented, both of ivircii . era ordered printed. 12 o’clock —Judye Cafciacos introduced a bill to organize a Home t-uar -i:c following addi tional bills were introduced : A bill to relieve lirastus Johnson cu t v ol the penalty for issuing change billet; to allow a rotary of #2OO to the Councilmen of Atl mta ; a bill to legal ze the marriage of C. C. belly ami Melinda 0. Sullivan. [They ure cousins, aua too ntw code prohibits ■uoh marriages.] Hills on tiikiis Passac.*.- Mr. Ad’atns called up the bill to allow,F. W. C. Cock and others to open the North Oconee river, it passed. A bill to change the line b :tw< n Hurra and Talbot—pasa •d ; also oue to change the line between Schley and Sumter; a bill to corns its Geo. W. Doug las lor a negro who was executed by a meb—lost; • bill for the relief of An:ir■■.■/ Hamilton —passed; ■ bill to repful the dSiith seoltort of the code, which allows road overseers -i!2 per day—lost; to rolieve the Cherokee Insurance and linking Company passed ; to amend t ie act to define the liabilities •I Hailroad Companies for f:i j -.tries done to stock, lallowa parties injured three months iu which to sue for damages)—passed. The House adjourned to y o’clock to-morrow morniug. SBNATZ—APRIL 1. Mobninu Session.--The .Vu.-.i. was opened with prayer by Rev. Air. Sunlit ol the House. Mr Mosely moved to r:. . d.;r kite bill to re peal the luw preventing r ..to. s from preaching and exhorting. Tin* mourn to t (.consider was sustained by Rev. Mr. i:.s ly and opposed by Messrs. Jas. Hilliard, Echo s, and Vason. The motion was lost. The bill ic based on the idea that it is not tbe provim« of the Legislature to interlere with the affairs ol the Church. Judge Gibson intr. '.u 1 a bill to prevent and punish the circulation ol Uuitoi S ales Treasury notes. It makes it api nlleetiary offenea. It is a good hill, aud au lmpbi . il 1 - s: to prevent the maiumonttes of the land Iron t’eaiin™ iu “ Green Becks” us they are atovi.dy <1 :i pc in it clinioud. Judge Gibsou also iulru-Uiced a bill to punish a retuaui to receive Cool •. •. ■ money—to make the penalty a forfeiture of double the amount re* The following ure thi yens and nays on the bill to repeal the law to prevent negroes Iroin learn ing to read, passed ou y-. . '-‘l and ' V : Ayes—Messrs. Hensley, Itayd, .las B. Brown, Bobola, Hansetl, Furlow, tlibion, Gordon, Harris, Jaa. Hilliard, Lane, Lmi-, Milohe'l, Pmckurd, Howard, Simmons, Sweario n, V awii—l7. Nays—Messrs, Benson, *v. M. Brown, Dyer, Fletcher, Gaston, Gr.llin, Udl. TUos. Hillard, Jackson, Kdien, Melt . M > y, bhewinake, Bmith Stephens and W ri.ihl— lil, HOUSE—APRIL 1. Mobninu Session.—The House met at nine o’clock. Fruyer by Kev. Air. Smith,ol Brooks. Mr. Jackson moved to reconsider tbe lost bill to increase j Allots’ lees—» neh motion prevailed. The counties were called lor. New Matter.—A bill to pibihildt tbe issue cf Change bills; a bill to amend the distillation act; • bill to incorporate the ,\1 chae.tcs’ Savings Hunk ; a bill to incorporate the Southern Kailrord, Ma chinery aud Mining Cos.; a biii to provide for exe cuting titles to land m certain cases; a bill to change the line between Baker and Calhoun ; a bill to admit to record cerium instruments i.l' writing ; • bill to suppress crime among slave ; a resolu tion authorizing tbe Goveruor u> employ hauds to out tbe wbeut of soldiers in the service when ne oeaaary to ptevent loiis ; a bill to incorporate the Atlanta Savings aud Loan Association ; a bill to amend the Koud laws ; a bill to repeal an act cou aolidating tbe offices cf Tax Coileffor and Ke oaiver in Walton county ; resolutions against re oonatrnetiou; a reso.ution iu reference to tbe raaponsibility of agents of W. A A. B. R. The bill regulating jailors fees was taken up aed a substitute adopted allowing 75 cents a day tor board of a negro, and $1 for a white man. A resolution was tillered to prevent the iutro dnotion of new matter alter Ale iduy next, except by a vote of three fourt-.a ■ ter a protracted discussion the resolution was e lopted. A message was reseived iVoiu the Governor in , reference to the cull for information concerning ' the use of the $500,00i). lie ask a for time to hear from the agenta and disburse™ ot the fuud. The bill to authorise the endorsement of Con foderote bouds reported by tha committee on yes terday, has been made the spec.al order for Wednesday next. Hon. J. V. Uoyce, st m ' the UgMsttin af South Oaraltua, will dmiv. r .a address at the Representatives' Hull to nir ■; on this subject. From preseut iud.c.tiioua ihc oi>l will paos by a eonaideruble majority. The bill to restrict the planting of cotton was token up. It ree.riots plant ng to one acre, and makes a violation penal. Meeara. Walton and C.ibiu.v-s cfibred substi tntea, the purport ol which is to tax all over one acre. Mr. Whittle, also, presented an amendment, when the whole were referral to the Judiciary Committee, with instructions .to report to-mor row. At this point 1 must close. SENATE— AMU. 1. Amutoos Session.—ln the Senate a bill to compensate toe owners ol s . \ s impressed, trim have died in the service. The b J was by Mr. Dyer the mover, and by .'-Lsrrs. Fmckurd,’ Honaell, Sewaru aud iir.tr s. It vus opposed by dinars. J. K. brown, Gioson atv: “osely. Air. J. Brown offered a resohit t ■s: its shall pey for negroes where ; roc: of n .dectis show::— placing the impressment o:t the grimed of a feroed hire—u very just v. w ... tt w„uld appear, Dot the amendment was lost. The following bills were introduced : A bill to prevent anybody but produc ™ from selling pro due* without licence, and pro -i vine t»>e aaip of produce out ot the s>.„ .. a b ? a to punish ooonterteiting; abi jo rep- . u •tW.MV, »SK», :• - Seuaie adjourned. house—armi. l. Amuioox Session. —Ali-.-r the close of my lost at 1< o’clock, • hill to i ssignment of 4ower wee taken up and p i ‘ed A bill to incorporate tc Alec . cs Savings As ■Ouation—pesaech A Dill *o amend the cl ECOH Irsnr aree aud Trust Con arose, id which many an ' ’ reposed, ■•cat of which wer<- issue ol certificates of di-poeite. ice bid - .ed to receive * two-thirds vote. A roaolution from the ■ o._jr puj sad regulating the impreMni.:r. 1 1 ' el ares was taken up. It amends uir reio 1 niton of the last Maaion, providing that hour-: i , reads and field hands shall not be taken, and that iiaptesameute ohali be made from count c «;> e b I uve »ot tnrn- Mhed any quota. Alter some «i >csss on, the reso lotiou woe referred to a spec - .mar.tiee of bve, wlo ore to confer wiih i:e»> ven: .- aid report. Boaate DiUa for a that reading were .lien taken ap. , A hill to regulate the rtp try ol voles in tse ttXj of Columbus Tha House adjourned to nice e’e » s tc-mor pm. BXXATS—APRIL 2. Mr Furlow moved to take up tha cottom bill, which prevailed, and it was referred to the judie iarThe°bdUo endorse Confederate bonds waa made special order for Friday Sd, at 11 o clock. T’he following new matter waa introduced, a billto amend foe 4522d of tbCtfode-.t r, nooses that in criminal cases where there is a nvhtfo continue, the defendant ahaJl announce wbethar ready’for trial or not. Tbia isHheold law. A'aeries of resolutions against preschmg and exhorting by slaves; a bill to prevent extortiov and monopoly in locaUng or leasing passed; a bill to incorporate tha Blancevtlle Stato ( passed ; a bill to atop the payment of interest *OO cUims where the holder rsf “®* to take Confederate money for claims due, was ae bated at length, and lost. In the afternoon, the Senate paesed the follow ing House Bills: To change the Une bet"*® ll Madison and Hart-passed; to incorporate l Geor gia Home Insurance Compay; to reppal üßbF*® 1 * 1 Cs public ia Karke J to grant letters of Administration to A. B. Tra wtok ; to anthoriz* the issue of a grant to certain lot of land in Burke county. Mai Jas. R. Brown introdneed a resolution in reference to the transportation of produce by the railroads of this State. The Senate then adjourned. HOSSU— apbil 2. The House waa opened with prayer by Rev. W. M A* £ few unimportant bills were token np for a repeal the act fixing certain salaries. Mr. Adams moved to amend so aa to except the Judges of the Supreme and Superior Courts. Mr. Bchley made a fine speech against this amendment, and waa sustained by Mr. Norwood, who urged the injustice of refuging to restore their salaries, who are subjected to the expense of traveling, while those of the Governor and State House officers are restored to the old standard. — Messrs. Adams and Hargrave sustained the amendment. IL was lost. The bill was discussed by Meesre. Schley, Norwood, Whittle, Cochran, in favor of the bill, and Messrs. Adams and Har grave against it. It passed. It restores the sal ary of the Supreme Judges to H. 500, Superior Judges to *2,500, Governor to *4,000. The bill to take effect April 15th. Mr. Lester, from the Judiciary Committee, re ported a bill and two substitutes to restrict the planting of cotton, which were discussed the re mainder of tbe day. A motion to postpone inde finitely, was lost by twelve votes. One of these bills proposes to restrict tbe crop to one acre, and makes violation penal; the others propose to let the present law stand and tax all over an acre. Judge Cabinesß, the mover of one of tbe substi tutes, spoke in its favor. He thought we coaid not interlere with the right] to plant, as the crop was mainly planted, bat we canid tax it. Mr. Dußose made a short and forcible speech against further legislation. Judge Stephens waa opposed to tbe bill and tbe substitute!, and argued with great power, the constitutional objections to them. Mr. Hester argued against ail the proposed measures. He presented an elaborate array of statistics to show that we have an abund ance of com, and that we ought to raise every bale ofi cotton we can, after producing an ample grain crop. The House then adjourned. SIN ATI—APRIL 3. In the .Senate a bill to regulate tbe payment of interest, was reconsidered. A bill to repeal sections 986, 987, 933, 939, 990, 992,923 of the code, passed; a bill to reunlaie the election of militia officers, passed ; a bill to incor porate tbe Atlanta and Boswell Railroad Company, passed. Tbe report of the majority and minority com mittee on cotton planting waa taken up, and after considerable discussion, tbe whole matter was postponed indefinitely—yeas 19, noys 14. Those who voted in the affirmative were, Messrs. Alexander, Anthony, Beasley, Brown, W. M. Echols, Fletcher, Furlow, Gaston, Harris, Hill, Jas. Hilliard, Killen, Lewis, Pinckard, Seward, Smith, Swearingen, Vason and Wright—l 9. Those who voted in the negative were, Messrs. Benson, Bond, Jas. R. Brown, Dyer, Gibson, Han gell, Thos. Hilliard, Jaekson, Lane, Mcßae, Mitch ell, Mosely, Shewmake and Stephens—l 4. HOU9S —APRIL 8. The special committee on impressments report that the Governor be directed to fill tbe requisi tion from tbe tree negroes and such slaves as are not on farms and from portions of the State where supplies are most plentiful. Col. Lee presented a memorial from Ur. DeGraf fenried of Columbu*, in reference to compensa tion lor treating Creek Indians for small pox. Leave of absence was granted to Messrs. Rob inson, Horne and Felton. The following bills were introduced : A bill to amend tbe act to suppress the spread of small pox; a bill to change the line between Gilmer andPickeDs; a bill to change tbe lines between Campbell and Fayette; a bill to incorporate the Warehouse and Ueposit Company of Americus; also a like company in LaGrange. Leave ot absence was granted to Messrs. Wal ton of Stewart, Stephens of Hancock, Mitchell and Erwin. A bill to certain processes returnable to Walton Superior Court; a bill to ammend 739th seotion ot the code; a bill to amend the act to prevent spread of small pox; a bill to authorize the ap pointment ot arbitrators on (he claim of tbe Union Bra.loh Railroad Cos ; a bill to repeal the act to couipensa'o managers of electipns in Emanuel. Tue House then took up the cotton planting bills, which were d’seussed the balance of the morning. Mr. Taylor, of Chattooga, moved to substituie the minority roport for all the hills. Messrs. Raiford, Lee and Beall sustained the mo tion. Messrs. Candler, Thoniaß and others, op posed the motion. jalNAyi —4.PRIL i. Toe Senate, on Friday, voted to indefinitely postpone the cotton planting bill, bat on yester day morning, reconsidered the rote, by a majority of 20 to 18. So there is a manifest determination in both Houses to take some action. What it will be remains tp bp seen. Judge Gibson’s bijl to prevent al) save produ cers and millers from selling corn, steal, flour, pons, pork, bacon, mutton aqd beef iritflout * li cense, and restricting those who have a license to the county is which they live, and to fifteen per cent, profit, was passed. While it is true that history and experience assure us that restrictions upon trade have seldom worked well, tfle bill seems to present a mqans of controling the erti cles named —which are only the leading staples of domestio use—against the combinations of trade and capital. Judge Gibson deserves tbe conside ration of both producers and conenmers, for bis effort to prevent engrossing, forestalling and inju rious speculation in tbe prime articles of subsis tence. A bill to charter the Confederate Express Com pany passed the Senate. Judge Gibson introduced a bill to incorporate the Traders and Importer’s Bank of Angnsta. Col. Gordon introdneed a bill to secure and con firm the Contederate States in their title to the arsenal lands in Richmond county. A few other unimportant bills were read the first time, when the senate adjourned to Monday morning 10 o’clock. HODBB —‘APRIL 4. The principal topic of interest here for two or three days has been the measure to restrict the planting of cotton. There was some division on the committee, but they reported a bill to restrict the crop to one acre to the band, under penalty of a fine of #SOO for every violation, one half to go to the informer. Judge Cabiness reported a bill to tax all over one acre to the hand #25 per acre. Dr. Walton, of Wilkes, reported a similar bill. They were all before the Judiciary Commit tee, who reported adversely to each, on account of their containing features believed to be in Vio lation of the constitution. The committee report ed their bill with the two others as substitutes. Dr. Walton withdrew bis bill, on acoopnt of its similarity to that offered by Judge Cabiness, The questions presented elicited good deal of discus sion, in whign several of the ablest debaters in the Ilouse participated. Fine speeches were made, in favor of gome restriction by Messrs. Cabiness, Lester, Smith of Brooks, Briscoe, Candler, gnd others, and against all further legislation by Messrs. Linton Stephens, Hester, Moore of Thom as, Dubose and others. On the passage of tae substitute of Judge Cab iness, the yeas were 57, nays 75; so it was lost. On the original bill, tbs yeas were 85, nays 70. This morning the discussion was resumed on n motion to reconsider. From tlie Comet. information has been received in Savannah that tha negroes and abolitionists have abaadrn ea Jacksonville and gon; to Hiltonhead. The town was set on fire b•• ’be vandals previous to their leaving. Ge’. Finega i reached the place in time to save the greater porti >n of it. His trocfpa are now occupying Jacksonville. The reported advance of a large fores of ‘.he enemy on John’s Island was untrue. Only two regiments landed on Sesbrook’s Island. Tbeir pickets were attacked by a party of asven of our men, and driven back, with the loaa of one Yan kee taken prisoner and two otherareported killed, with no loss on our tide. The enemy have not attempted a landing on John’s laland, and many of the rumors brought by passengers Monday af ternoon have since hsen officially coutrsdicted. It is supposed to be the intention of tbs enemy to iccupy both Seabrook’s and fidisto Islands os a base of futnre operation!. From misslMlppl. It is stated that there is no doubt of the retire ment of the Federal farce op the Tallahatchie, hat to what point was unknown. Pur scouts follow -d the tlset about ixty miles, and bad made re port when o« r Informant left. A .considerable lry w ' u hereafter operate 09 bpth banks of the nver, as far n > as the oveiflow w*ll permit, and another raid will not be made as far as the previous one with impunity. In the mean time cur ormer de'eoaej are being greatlv strengthened and added to. « r e»uy The Mississippi near Vicksburg U failing nn idiy. w e hope it will fall fast enough U ham Pn the Federal bests it? the Vasoo. * “ Kelisble intelli<en«e from our foreea on the k tiK), under Gen. Featherstone, state that he attacked the enemy near the mouth of Bolling Font and dro e him back a mile and a half.- Bclung Fork is about sixty-fire miles below Ta - >0 C.ty, and empties into the Yazoo river. The Charlotte, N. C., Bulletin tays on immense crop of wheat has been planted in that eeetioa. W e trust there wifi be a bountiful yield. ; RKPORTSD KVFRr*S’ jT poE CHRONICLS <m SBSTIKBL.J Speach of Itev . j. p, Buyce on tbe En dorsemeni of confederate Bond*. Delivered M t MUledgevill* April 1, 1863. Mr. Boyce s* ated that a little over two weeks ago he received a communication from the Secretary of tbe Treasui -y,asking him to uct as agent of that department, I 0 present to the different Legislatures tbe subject or f State endorsement of Confederate bonds—that thereupon be visited Richmond, but seeing that t he Georgia Legislature met at an ear lier period t nan had been anticii>a!ed,hehad spent bat two day s in Richmond and bad bad but little opportunity of communication with tbe Seereiary of tbe Treasury—that the views presented there fore, were rather to be taken simply as the ex pression o‘; his own opinions, than of official in formation. Ho felt it dne to state these facta, that the Secretary might not be held responsible —that it might he seen, also, that his mission was not eonfi ned to a single State, bat extended to all whieh had not yet acted. The object of that mis sion wai: to give information as to the nature and advents ges of the plan. He stated that on his ar- rival hi re, he bad learned that this information bad al ready been given through the correspond ence from the Governor of South Carolina, and that a bill was about to be reported, accompanied by an able report on this subject—that under such circumstances his mission was measurably accom plished, and he should have left, but lor tbe invit ation received from several members to make an address on the subject. He said the State of Georgia bad ever been marked by wisdom, patriotism and generosity— that if be bad come 10 ask a boon for other States, he could have relied on Georgia to grant it, even at self-sacrifice. That coming from a State which two years since had made a fearful leap in the dark, and looked to Georgia for support and wa3 not disappointed; and with bis heart filled with emotions as he remembered that from this Hall had gone forth the material aid that had comfort ed and supported his native city (Charleston) when laid in ashes in the face of the enemy, be felt he could look to Georgia for anything that re quired determined action and self sacrificing gen erosity. But he came to suggest what was equally to the interest of Georgia as the others—that the destiny of all was common, and the interest of one the interest of aIL Three things had been essential from the begin ning of this war—men enough, food enouah, money enough. Experience hu9 shown that we have the first; the patriotism of the country is about to provide the second ; it remains to look after the finances. The war debt was fearfully accumulating. At one time it had been our boast that we bad spent only *15,000,000, while our op ponents had spent ten or fifteen lime that amount. Bet we find that the debt of January last was *556,000,000, that by next July it will be about *900,000,000, and to January 1,1364, the amount will reach about *1,300,000,000. To realize what this vast sum is—it amounts to the estimated value of tbe property in Georgia, Alabama and South Carolina. Even estimating that the tax returns only give one-third of the value of the property, we have thug far spent an amount equal to the value of Georgia. The increase at the pre sent rate is *2,000,000 a day. Here is an evil; and these questions arise: Can we reduce that rate es increase V Can we stop it at the rate al ready attained ? Can we in any degree diminish this war debt? Another evil ia the depreciation of the cur rency— 1. As compared with gold. I September, l*il, Confederate notes were about equal to spe cie. Before December specie was at twenty per cent premium ; before April, 1862, it was at fifty per cent.; belore last September at 100; befoie December at 225 ; before February at 280, and now at 450. 2. Bank bills were worth io December twenty five to th rty per cent, premium; now they are worth eighty-five. 8. Sterling exchange also shows tbe deprecia tion. In September last, the premium was 110; in December, 200; now it is 200. This depreciation is an evil to all. To producers it briDgß high prices, indeed, for what they raise, but also for wbat they buy, and they are liable to charges of extortion. To consumers altogether, who have only a moneyed income, it is fearful.— A salary of *1,200 is not now worth more than *250. The misfortune of tbe Government is that it is altogetbor a consumer, and buys now at high and appreciated prices, giving promises to pay which mast hereafter be redeemed in gold and silver. If any inquire the causes of depreciation, tbe first is that the issues of the government are not redeemable in specie. Were this so, they would even command par. The second iB the want of confidence which some have in the success of tbe government. However much to be blamed, such a feeling is constantly permeating financial cir cles. li prevails abroad also, and injures the credit of the government there. The third oause is the redundancy of the currency. The amount of money in c'rpulation in time of peace is about #30,000,000; the utmost that can circulate now with safety is #150,000,000. In January last the amount was #390,000.000—n0w reaching about #50*,000,000, and by the first of January next it will reach #1,000,000,000 unless some remedy be devised, pr the debt be funded faster than it baa been in the past. What then will be the prices of food? what of clothing V what will interest money, or debts be worth? "The debtor, will then be found pursuing the creditor, who will fear nothing so mnch as the payment of his debt, Then other questions arise—can this redundancy be check ed ? can it be reduced ? The measure proposed meets all these evils. It is that the States shul:;endorse to the -mount m the aggregate, of #spo,i)oo,oyo of Confederate bonds— these bonds, according to the act, to bear interest at 6 per cent. It is thought that these bonds will be sought by c apitalists eyed at this rate of inter est, and that a handsome premium will be ob tained, If so, we will be able to absorb the cur rency, to reduce the interest, and to diminish even the volume of tbe debt, The plan is based upon the woll known supt that the State securities command high premiums in the market. Add to them the Confederate, or unite them rather, and a still higher premium wilt be commanded. Thus, if we can get 17?0 for every 100 dollars—a sale of *500,000,000 would give tbe government #750,000,- 000, and yet leave them in debt only #500,000,000, with an annual interest cf #30,000,000 —an interest of four per cent on what is obtained. But if aold at #120,009,100, and no capitalist will deny that they will'bring thjs, we get #600,000 OQO for #500.- 000.000 in bonds, paying #50,000,0,00 of interest, or ftve per centl on the money we realizi. Tbe truth is, however they can comm nd the higher prem um. A member of one of the first houses in Charleston ofFered 150 for #IOO,OOO of them. Fre quent applications, too, have been made to know when the bonds wilj be issued. Capitalists will be eager to g t them. But this is only a sale at ho me. Buppose on the other hand that we sell abroad. The Department has information that eight per cent uuendorsed bonds will sell at sixty cents ia tbe dollar. Upon this Mr. tioyoe sgid he based his calculations. It is well known that the French loan, though only seven per cent, brought seventy-seven. This was owing to tbe fact that additional advantages in connection with cotton, wero offered, making the loan a safer one, by giving what was equiva lent to collateral security. Bat the risk of the loan was still great, because dependant alone upon the power of the Confederate government, such risk does not attach to the State endorse- ment, The bonds would sell higher—the price commanded wopld be from yo to }OO. The rea son that Europeans have eonudenca in the States, and not in the Confederate Government is that the States are permanently established. The Confederate Government is not, and may fail of final success. Or, if formed, it may go to pieces, as did the United States. This is their fear. But a Slate has that permanency which they appre ciate—which can never be changed. Hence a Stats endorsement would be pregnant with con fidence. Suppose now that a sale is made at par abroad ot #500,000. At the present rate of ex change it would be worth here #2,250,000,000. Suppose rate of exchange falls to 100 per cent., iu-tnad of 450 per cent. It would give us $1,000.- 000,000—which would take up all the debt to Jan uary next, leaving only the $100,000,000 loan, the #15,000,000 and $150,000,000 of circulation. The whole debt would then be #765,000,000 instead of $1,265,000,000—and the interest would be $39,- 200,000, instead ot probably #t00,000,000. It may be suggested, however, that the same result could be produced by heavy taxation. It certainly could if such a tax be laid as will cover all the expenses of the year which cannot be fund ed in the ordinary form. But can the people stand snch.atsxV The annual expenses of the gov- eminent, are by this gross estimate, $746,747,212. Os this, they may be able to fund say $150,000,- 000, ao amount however greater than bas been funded altogether up to this time. This will leave in round numbers $660,000,000. The war tax of last year, levying one hal: per cent, upon all property, fell considerably snort of $20,000,- 000. According to this rale, a tux to meet (his exigency would have to be thirty times as large, or at the rate af fifteen per cent, on the capital or property of every man. The present Congress is about to levy a tax as high as can probably be paid, but it will fatt many, many time t below a tax cf fifteen per cent. Kven such a lax would not improve the currency, but would only prevent it from getting worse, Mr. Boyce tnen proceeded lo qiiel dome of the objections which nave been urged against this scheme 1. That the bonds thu3 purchased would be sold to a few favored individuals. So might any es the securities of the government, unless the honesty of the department, or the act of Congress forbid. In this case Congress has ordered, in the act just passed, that they shall be sold to the highest bidder. 2. That it w 11 centralize power in the Confed erate Government. Tbe good book tells ns the borrower is servant of tipe lender. The States really by this gain, as it were, anew power to re quire Congress to listen to their suggestions and interests m tbe credit of the government. Be sides, nothing can show mors plainly the separate sovereignties of the States than the feet that their credit is asked for as distinct from that of the government- Hereafter when constitutional issues arise, if an/ should on this point, tbe advocate of State sovereignty ean point with confidante to this very action as showing both on the part of the government one: ol the States their conception of their true relations. A. Another objection is—leaving to the States to provide for wftat they have endorsed. If this be true, what essential difference does it make to the citixen if he has to pay a certain tax for the debt of the government, whether it be paid to toe ®tale or Confederate tax collector ? Besides, the true State Bights theory of raising money is, that the money be raised b/.thoßtate upon requisition for ter quota of the debt. The plan would work so inconveniently, however, that it has not been »ujpleu. buiog the burden ia laid os Coojgregs, upon Congress must it remain, and one of the grounds of the advocacy of the Alabama plan, which guaranteed the whole debt, was, that it the States became bonnd, Congress would not dare to refuse or neglect to arrange for it—mat while demagogues might strive to repudiate the whole debt if no evil effected their own constituents, they woald be afraid to throw the burden 0! aetion upon the States when the honesty of their own Legislature might arrange for the portiou of debt due by that State at the same time that portions of the debt would remain unpaid, owing 10 the neglect ot other States No one would dare to risk the hissing and passionate scorn which would thus be awakened among his constituents who would see, that through bis action, though they had paid their full share, the government was dishonored. 4. It is said that there is not capital enough iu the country to retire *500,900,000. Capital is not simply money in b ink, or in hand. It is prop erty ot aDy kind. It there be property enough in the country which the government has to pvr chase, there is enough capital to retire t'-e bonds, which it must give lor properly. Butin reati-v there is money enough. The circulation of Con federate notes is now over #300,003,000 more than tbe necessities of the country require. Bv January it will be nearly #900,000,003 more, re duced simply by the amount of tax paid this ytar to tbe Confederate government. Surely there is enough capital to retire #500,000,000. The truth is, mo ey is now so abundaut that men exease themselves from receiving payments for debts, because they know not how to invest it, and by January next this evil will have tearfully in creased. 0. Ia sales abroad, where capital is abundant, bonds must be said at a depreciation. It has been shown that though tbe Bale abroad be less than tar the amount realized here, because of the price of exchange will more than douJe the par value in this country. It may be added that this is the reason for making tbe bonds there offered ol such a character that the depreciation will be as little as possible. It is a reason why we shoo Id not sell 8 or 7 per cent, bonds unendorsed at 60, when 6 per cent, endorsed bonds will bring 90 to 100. 6. It is feared that by this, State credit will he hurt. lie would ask the question here which he had asked in the Legislature of South Carolina — Does the State need her credit? Does she wish to issne bonds? If so, iB not that credit already affected by tbe lact that she owes this large por tiou ot the Contederute debi, just as much ae though she hud assumed it r Wbat is really meant is, not that the credit of the State will be aUVeiod, but ihut her bonds will depreciate in the market. It cau be demonstrated that this will not be the case. What is the true standard of value? Gold and silver. Confederate notes are not. Now, it is true, that if the value of State bonds in Con federate notes be the estimate, by auy means that the cutrency is bettered and these urtes mode more valuable, tha bonds of the State will depreciate. The truth in tbe cate however, is, not that State bonds] are depreciating, but that Confederate money is appreciating. Tried by the standard of gold aud silver, the bonds maintain tbeir original position, or are bettered, while Con federate money hag improved. This would be the case it the credit of the States were not linked with that of the Confederacy; since that is so, however, tbe value of State securities have gone down; so also will they go up with those ot the Confederacy. A bond of Georgia is now worth 150 and gold 450. The present value of the bond is therefore only thirty-three and one-third centi on the dolls. Suppose the value of Confederate money to advance bo that Confederate notes are at ouly 100 per cent, discounter two dollars muet be given for oue of gold; though the State bond be then at par, instead ot one hundred and fifty, it will be worth silty cents on the dollar. If Con federate notes can be brought still nearer a specie basis, as this scheme proposes, tbe State bond will be worth yet more. The most of such bonds, however, are held only as investments, and tne parties owing them are more affected bv the vaiu: of the interest they receive, than by the market value of the bond. This is true of all who are not speculating in these bonds. Now the oourse proposed is fitted to make that interest far more valuable. The interest on a #IOOO bond of the State of Georgia is *7O, paid as elsewhere in Confederate money. This will buy a barrel of ffonr. But if the ourrency of the country bo res tored to the condition it was in two years ago, the only difference between the value of flour over what it then sold for, will be the scarcity of the artiole. A barrel of flour would now sell iu gold for #l4, and for #7O on a specie basis, the pur chaser would get fivebarreU instead of ono. The nearer this basis is approached, the more wou!d be obtained—two, three, four or more barrels, ac cording to the specie value of Confederate notes. In addition to all this, it must be remembered, that after all tbe Htote owes her proportion of the public debt, and is morally bound for U, and to be morally bonnd is all that an honorable man requires. A man's word should be as good us his bond. And the debt of ..the Slated given directly by them to pay for Railroads aud buil dings and the support of fami’ies of soldiers, shou and have no preference over that dne by them through thsir common agent for defence against the enemy and the support of our armies in the field, and payment to our hard fighting soldiers' for their services. The l“st objection to be noticed is, that litis mea sure will a'lieuate capitulfrom allegiance to the Confederacy, and lead them to desire reconstruc tion. It is acknowledged by our opponents, that this obiftutiou does not bear with the same force against the scheme proposed, as against that of tho endorsement of the whole debt. But it is proper to say a few words in reply to it an against either. Oue great mistake of tbe objtctors is, that they take capital to be merely money on hu'id. The capital of the country is the whole pjop-rty of the country. What they mean by capdc.l is the money of the poqntry. "ff go, how cyer, we have ho reason to fetr for tflat money is in tho hands qf all, and is a debt due to any man —each man having a five dollars Confederate note is a creditor fit the Govt foment, (s be to be made a traitor because tbe Government tries to mufee that five dollars better than it is? Is he not more likely to become so oy tbe fear that it will become worse, or that circumstances may compel him to receive a larger amount of this depreciated paper ? It the effect be piodaced on one man, will it not be on the mass? But it may be said that it ia the holders of Con federate bonds to whom reference is made. They, however, are butasmall portion of the o.unmumty, a mete handful. Wh-t influence can they haye as against the mqvses i The charge, however, is UDjust as regards these, for they are the men who hays showp lull conuJeace in toe Government by the put chase of its bonds. Ttiere are msn who sold all other stocks and took from the Government its bonds at par, at the beginning of the war, when others were buy ing Ljtaie Bujcks, auq prtdi ring ihat Confederate bonds must depreciate. Are sqch men the mate rial from which treason is concocted V If these were men of different felling, audit they wished to secure the debt dpe to them at the expense of our liberties, they could not batter attain that end than by allowing onr finances to oontinue to decline. It is well known that the North would gladly pay gur debt as well as theirs if we would reunite with them, and to the North, rather than to the States, should such men look. The spirit of our people is such that the States will be worth nothing after the war, if we do not sucoeed. We will be ruiued rather than fail.— Those who will be in the Stales alter Bach an event will bo the Yanke hordes who will occupy the soil ou which we have perished. This debt would tye repudiated by them. But let our finances be ruiued—jet fqod aud clothing continue to ad vauae, until our soldiers fiud their families are starving and naked—they will return to attend to that first of ull duties, to provide for their own households. Then wib demagogues arise to conn sel reconciliation. Until then, never, never; and We eau avert that period; only seifish traitorous capitalists will wish it. Patriots will in'wisdom try tp prevent its coming, with its fesrlul array of famine, desolation and destruction. Such is the Boheme, and such the {objections If the latter he of no force, aud if the scheme be one which will confer such benefits, ought it not to secure the support of all * It oomc ß recom meuded by litoae faqiihar with tinanpe— urged by the Secretary, to whom the moneyed interests of the country are entrusted, and has received the support of Congress, and the approval of financial men everywhere. It there be any (jmht—unless one is convinced that it Is a baa plap, it should secure at least a silent support. Jt is commended to your consideration, and will duubtle s receive the attention justly to be expected from the wis dom, patriotism and generosity which has ever ntarked this State. The address was listened to with marked atten tion by a large audience. The above report ig a full aud carefui synopsis of his argument and sta tistical estimates. Mr. Boyce, who delivered this address, is not the Hon. W. W. iioyca—a member of Congress from South Carolina, as many of our members at first supposed, but is tbe gentleman who introduced and advocated the South Carolina scheme to the Legislature of that Sta e of which be is a member from the Greenville district He s the Rev. Dr. Beyoe, a clergyman of t> e Bantist denomination, and ie at the head of the Tbeoloo ical Seminary of that denomination located at Greenville. Frown Mexico, The latest advices from Mexico are to Feb 20 The Fiench military forces are in a state of en - tire inaction, and wholly unable to assume the offensive, until they receive large reinforcements The prevailing impression at Vera Crux ig tba’t the expedition will prove a complete failure’ and the invaders he driven from Mexican soil, a very large addition, eay at least 50,000 men is made to taei ■ present effective strength. The difficulties of the position have evidently vastly surpassed the expectations Oi those planning the details of the attempt against the Mexican Repub lic, for thus far the means provided have been singularly inadequate to the magnitude of the work undertaken. Some of the French officers express their disgust at the whole enterprise. The climate haa had an extremely debilitating effeot upon the phytiqae aud morale of the army. The forces occupying Vera Cruz are largely composed of negroes. These are brought princi pally from Martinique. They are usually employ ed on guard duty in the day. The bulk of the Prench army is at and near La Puebla, something over a hundred miles from Yera Cruz, on the road to Mexico, The French occupy bothTnspan and Minatitlan, as wall as Vera Cruz. At Minatitlan thev have collected a l*rg#amount of cotton. At Tuspan the force :■ believed to be small. They are well supplied with stores at Vera Crux. Gen. Jackson has done good sejnee in Lanrel, N. C., in clearing out the tor/ renegades In that section who hare done so mnch injury to the resi dents. Confederate Consresi, SENATE—MARCg 28. The Senate was not lit session to-day. HOUSE—MARCH 28. Senate bill to increase tbe pay of Master’s Mate ia the Navy, was read twice and referred. Senate bill to increase theallowancefor mileage to officers of the Navy and agents travelling under orders, was read twice and referred. The Committee on Ways and Means reported back a reeolation requesting tbe President to cause to be submitted to Congress estimates of appropriations for tbe first halt ot the next fiscal year, and it was agreed to. “Resolved, That a committee of five be appoint ed by the chair to investigate the charges against the integrity of the Chief Collector of the War Tax ol the Htate ot Virginia, in relation to the passage ot a bill increasing the compensation 01. collectors of the war tax.” Passed. The Tula was suspended to enable the Military Committee to report back a Senate bill for (he discoarue of %)rtuiu .tyti officers mom the miautry service of the Confederate States. It was moved to strike oat tbe proviso, as fol io <s : “Provided, That no person elected or appointed to any civil offijc shall be discharged under this act, unless the office to which he may be elect and or appointed is suett an office as aunties the offi cer ffll'.ng it, under exemption laws now existing or wttich may be hereafter passed, to exemption from military service in the armies of tiie Couted erate States.” Tbe motion to strike out wag agreed to, and the bill as amended, passed. The House resumed the consideration of the bill for the assessment and collection ot direct taxes and internal duties. Oa motion, the title was amended so as to read, “an act tor the assessment and collection of taxes.” A message was received from the President in forming the House that he had approved and signed a bill to regulate impressments. SENATE — MARCH 81. A bill was introduced entitled “ an act to extend and amend an act to increase the pay cl certain officers ana employees in the executive and legis lative departments, approved October 13th, 1362.” Referred. A bill to provide and organize a general staff for armies in the field to serve during the war, with au auteudmeut by way of asubs'.itute, wasordersa lo be printed. The bill to exempt from military service mail contractors and the drivers of post conchea and hacks, was passed and sent to ths House. Tbe bill to equal s t the grade of officers in the navy, was taken up, read and postponed. Tee bill to place hospitals under military con trol, was defeated. A bill to be entitled an act to regulat3 the no tion of the Seeretai y of the Navy upon the deci sions of the Naval General Court Martial, was passed. HOUSE—MARCH 31. ■ The Speaker uppointed the following Special Committee to investigate the charge against Colo nel Garnett, Collector of the War Tax in the State of Virginia: Messrs. Perkins, Staples, Curry, Smith, of North Carolina, and Singleton. A bill for the relief of families of non-cammiH s ouad officers aud privates in the army, was laid ou the table uud laßt session’s bill for the lante purpose placed on the c. lender. A bill to continue in pay all soldiers discharged by reason of wounds aud injuries received in the service, was made the special order for Wednes day. A bill providing for the enrollment of persons of foreign birth in the army of the Confederate S ates was laid ou the table. The following bills were passed :—A bill to au thorize the appointment of a Register ana au ad ditional clers aud u draftsman forthe-Navy Do- Sartment; a bill to authorize the Secretary ot the avy to employ the best pilots for service in the Confederate Murine; a bill for the relief of cer tain officers of the Navy and Marine Corps; a bill to amend tho act author.zmg the Secretary of the Navy to make certain contracts without advertis ing for proposals; a bill to allow commutation for clothing to the mHitia in actual service It allows commutation at tho rate of #SO per annum; a bill to regulate the pay of officers formerly belonging to ti.e revenue service of tbe United States and iu the employment of the Confederate States; it a’- lows nine dollars per month tor every five years service, in addition to the pay now allowed oy law, to be computed from the time of entering the service of the Confederate States ; a bill to amend the act to organize ihe Department of State; it repeals tha lourth section, which providod for the payment of oertain fees of office. A bill ta increase and strengthen ths armies of the Confederate States, was placed oa the calen dar. A bill to prevent the conscription of officers who resigu their commissions oa account of wounds received or diseases Contracted in the service, was laid on the table. The joint resolution of thanks to Lieut. Colonel Joseph A. Yates, and the officers and men under his command, tor gallant conduct in the capture of the gunboat lsaau F. Smith, passed unanimously. Certain resolutions calling tor official reports o, battles, with a substitute requesting the President, if not incompatible with tha public iuierest, to oommunieato to the House snea official reports oi general cifie rt of the battles of Shiloh, Batou Rouge und Murfreesobro’ as have not yet been communicated to Uougress, ware amended by in serting the words Fort Pillow and Island No. 10, and the bntile ot Now Madrid, were adopted. A hiU to provide for the appointment of addi tional Quartermasters iu Ilia Provisional Army, was taken up and passed. It simply authorizes the President to appoint, daring tho continuance of the present war, such additional Quartermas ters iu tho Provisional army as, in Ins judgment, the good of tho service may require, A bill relating to tae repeal of the naturaliza tion laws, was token up. The bill propose to repeal all Jaws and parts of laws of the United States oa the suhjict, now in force in the Confed erate States. The bill passed with seme amend ments. A bill directing tho Secreta*y of the Treasury to audit and pay claims for the use and occupa tion ot and damages to lands, was laid ou the table. SENATE —APUIT, l, Mr. Oldham, qf Texas, prosented joint resolu tions of the Legislature of the State of Texas, instructing their Senators and requesting their Representatives to procure the passage of an act to pay the deputy marshals the balance due them for takiug the census Referred to the Jud.ciary Committee and ordered to be printed The Military Committee, reported hack with aa amendment the bill to abolish supernumerary odicers in tbe Commissary's and Quartermaster's Department. The Military Committee, reported back, with the recommendation that it belaid upon the iahie, tbe resolution to entitle flic employees in the Con • federato States arseqal at Richmond to the bene fits of the act passed October 13th, 1862, increas ing the salaries ot Government clerks. The bill to authorize the Secre ary of the Navy to appoint clerks to the Commaudaut and Quar termaster of the Marine corps, was taken upmud passed. The Judiciary Committee reported adversely to the bill regulat ng the fees and compensation of Distiict Attorneys. Also adversely to the reso lution looking to u ohange of the law relative to the mileage of District Attorneys. The Senate resumed consideration of the House bdl for the establishment and equalization of the grade of officers of the Navy of the Confederate (States, the pending question being on ordering amendments to be en.pressed and the bill to be read a third time. Read a f bird time and pass ed, The Honsa bill to abolish whipping in the array with g Senate amendment, was tukan up aud pass od. TL a bill provides that no soldier convicted by a court martial or military court, ehol! suffer punishment by whipping or ctripes upon his per son, and that deserters shall suffer death or im prisonment in a pmitentiary for not less than one nor more than five years. Tha bill providing that each company of field artillery shall oonsisi of one captaiu, two first and two second lieutenants, two. staff' scrgeauti, six sergeants, twelve c -rporals, two buglers, six arti ficers, fifty-two drivers ami aev: nty cannoniers was taffen up ami passed. The following bill to amend the Seque3tr_tion Act was taken up and passed : “Sic i. That in all cases where execution shall be issued for interest, as authorized by tbe four teenth section of said act, the defendani'shall be liable for costs arising on sucb execution. Pro vided, that execution shall not issue within thirty days after the interest becomes due. “Sec. 8. The clerk shall have power, without the oruer of the judge, to issue execution on any judgment or decree, when the receiver shall make oath that he has reusoaable grounds to believe the debtor ig fraudulently ooneealing or disposing of his effects, with intent to evade the judgment cr decree, or is about to remove his effects beyond the jurisdiction of the court, but execution shall be discharged on defendant giving security, to be approved by the clerk, aid paying cost ot the pro ceeding. “3ec, 3. That all sales of real estatd made by the receiver nnder the act to which this is an amend ment, may be reported to the judge and confirm ed in vacation under the same regulation required during the session of the court.” The hill to amend the act establishing and or ganizing military courts to attend the armies in the field, by author zing the President to organize one military court in each military department, if, in his opinion, the pnhiic exigencies may re- quire it was passed. A message was received from the President of the Confederate States, vetoing the bill to in crease the strength and efficiency of heavy artille ry for sea coast defense. The consideration of the bill was pos poned till the following day. The Senate resolved into secret executive ses sion. , HOCSK —AI»HIL 1. Resolved That the Hoiee of Representatives will meet tomorrow in and daring the remainder of the present session occupy the Hail of the House of Delegates of the General Assembly of Virein a and that se= Is for the members id said Mali be seleceed by lot, as they have been sea ted in this Hall. Passed. Leave of absence was granted to Mr. Gurtrell, of Georgia, called home by indispensable busi n*Mr. Bondinot, Delegate from the Cherokee N&- iion, under a suspension of the rule, introduced a bill to provide certain regulations for holdmg elections for Delegates to the Congress of the Confederate States in certain Indiafi .Nations. Referred. Also, a bill supplementary to an act to establish Judicial Courts in certain Indian Terri tories. Referred Tho special order, a bill continuing in pay a : l discharged soldiers by means of wounds and in juries received in ths service was taken up, dis cussed and referred. It was agreed to reconsider tbe vote by which the House yestenlity passed a to ut resolution au thoriz ng the Postmaster General to extend the time lor lettiug on; mail contracts to the lit day of June. A rnotiou to amend the resolution by striking cut the Ist ol Juoe, aod inserting ute Ist of May, v. as agreed to. Tho Conlederuie 'lux Hill. The bill to be entitled “ar. act to lay taxes for the common defence, find carry on the Government of the Confederate States,” which was passed by the House ot Representatives on the 23d unit., and is new pending in the Senate, provides that a tux ol one per cent, shall be levied on the value ot ail re and and personal property moneys, and credits, except on such persomiLproperty, others than siK«es ivhicn have been taxed, money or credos as tuu, be employed iu a business taxed •ind-r fills act, or th. pii liis of which a.o herein specially taxed. Cpou the vuiue of cl! agricultural products not owned by the produceiß, ton pur omit, ooilon and tobacco, when in Um hands of the ptodaccr, tite per cent. B .niters shall pav #SO >, aud twenty p»r cent, upon titu gross amounts ol profits real zed on the busine tfc Auctioneers, tobacconists', catll' bi.i-kers. ped dle-s, apothecaries, photographers, and Confer, turners, stiali pav #r.o, a id tiLj per emit ou gross amount of s .ies. The tax mi auciioo Salts of stocks nkuil be ono-fr urth of one cent. Wholesale dealers m l’qnors, #2OO, and five per cent, on grrst sales. Retail dealers in liquors, #IOO, and ten per cent. Retail dealers in groceries, dry goods, otc., *SO and per cent. Wholesale dealers, #2OO and per ennt. Pawnbrokers, *2ov>, and twenty per cent, on gross prefits. Distillers, #2OO, and tweuty par cant, on gross sales. Brewers, *IOO, and 2* per cent, on gross sales. Keepers o! hotels, inns and tavern.S, twenty dol lar», and two and a half per cent, upon the gross amount realized in business. Keepers of eatiug house*: aud boarding houses, in which there are at least -fix boarders, l'orty dollars and two and a half per ot t Money brokire, #2oO, and 20 per cent, on gross receipts. ■ Comm. rciui brokers #2OO, aud 2 l .j per cent, up on all sales made. Owners of theatres, #SOO, and fire per cent, on all receipts. Each euctts, sluo, ami #lO for each exhibition. J ugglers, #so. On each bowling alley or billiard table #SO. Livery stable keepers, #SO, and live percent, on gross receipts. Batchers or b ikers, *SO, and one per cent, on salon. Lawyers, physicians, surgeons and dentists, #SO, and two and a hall per cent, on gross rccaipis Iroin liioir profession. On ail excjKs over #5,000 of net profits of auy banker, auctioneer, elc , 12 ami a half por cent.— Ou all excess over $20,050, twenty five per cent. Salaries over #I,OOO and under #1,500, shrill bo taxed on, one per oe it. Over *1,500, two per cent. Railroad ami steamboat companies to pay five per cent, on receipts from passengers ; two from ireight Bunks, savings iustitntons, rfa?, telegraph, fx - press, aud manulucturing companies, pariuer ships, and individuals shall pay 23 per csnL on aii profits, dividends, and sums ad ltd to surging funds. Insurance cohipan’o3shall pay five per cent., quarterly, on gross receipts from premiums. Go profits on all retd or personal property bought and sold during 1°62, and to Ist April, 1863,-except in due course oi business, ten per cent. , Ou all land, slaves, tobacco, naval stores, forage or provision bought and so and, after lit April, ex oop - to Confederate Government, or by person or company taxed under this ccl, two and a half per cent. After Ist Jan. 1303, fourteen per coat, on income nr profits from uli source other than from proper ty on which a tax shall have be n paid under this act. Wxien the-i .come exceeds *IO,OOO, an ad d tion a l tax of ten per cent, on the excess shall be levied Any person not a cit’zsn of 'the Confederate States, between 18 and 45, not in the military or naval service of the Confederate State, exorcising auy calling herein taxed, shall pay a double tax. Advertisement iq newspapers, magazines, etc. shall be taxed two und ouo-third per cent., pay able qnart»rly. The lust section exempts from taxation, provi sions purohnaed for fanjilvconsumption ; nnd per sonal property of civilians, ol a less value that #1,000; real and personal property of a person in the military cr naval service, o! less value than #2,000; property of colleges, schools, eb iriiabli! or religion j corporations; public lands, bonds of the Confederate Siutcsi, and of the several rs ites thereof; property from which the owners have been dispossessed by the enemy during the twelv months preceding assessment ; file engines books, portraits pictures, aud wearing apparel of every person an! family, except watches and jewelry all agricultural products of the last preceding crop produced on land taxed under first section in hands ol producer, other agricultural pro ducts specially taxed ; all iinmng implement and tools used by mechanics iu their respective trades. Fl’am BV uII i-cNee. The Federal authorities at Nashville are arrest ing all Southern men in Nashville, who refuse to pay the amount they may see lit ta assess them, aud put them in jail. From all accounts, Gen. Roaencrauz' has ipxt lit tle confidence in his soldiers is uot anxious lor au open Held fight, but, though lie has probably superior numbers, is building foi tffieaiious to pro tect them. Toe Tennessee papers think that every thing indicate that a battle will taka place'iu Middle Tennessee prior to any operations either inVir q;inia or at Vicksburg. A Teoneßseee correspondent -f the Richmond Whig says ihat among the pi Hosiers lately cap tured from the Abolitionisto are some who had broken thsirparoie. They liavn been put in irons. Major Dick McCann’s Tennessee Squadron of cavalry has again been at work. A lew days oiuoe tbe Major took LOO of his men and penetrat ed Uasencraus’s line to An inch, about nine miles from Nashville. When witbia. a quarter of An tioob, the wlrs'le of this “iron horse” was heard. “Dick” proceeded at ouce to l ave revenge on the inhuman wretches who, it will l>V remembered, burnt Ins residence near Antioch. Leaving his horses behind a lull he posted the men (tit am bush. Four trains laden with soldiers had alrea dy paesed. The fifth oame along ernmmud with blue coats, in open cars. Crack ! crack ! (.up ! buug ! whi-z-z rr, an i nuch lofty tu nbling o: blue coats must have been peculiarly gratifying to tho Major and his brave men. A few mites above the trams stopped and tho Yankees git out aud toruit A a line of battle, but McCann uud his man were gone, having suffered to Hie extent of ono mart wounded, for tho Yankees tiled one voitoy at them as they passed. Arr ving at Lavsrgne, the first depot .his side ol Antioch, the Yankees took eff torty dead men aud forty wounded. So says Mrs. R. —who saw them. Un his return McCann captured three wagons which ha burred, bringing oil the teams ana two uegioosas booty. Should thi3 fine weather last we may look for larger demonstrations! soon, for two armies bo large and expeu-ive cannot lay idle much longer. Our army is in fine spirits, aud when toe time comes for action, we will certainly hear a good re port from those that have often been tried and never have b“eu found wauliug. (Succors to iheir chivuli ic hearts, Binoa writing the above, we learn from a cavul rynr.n, that a heavy skirmish occurred on the Triune and Hhclhy villa pike, on Tuesday last, 3iat ult. Our forces succeeded in driving them back, in which the vandals loss was considerable, besides several prisoners. 15n Friday 3d inst at day light two iron clad ves sels came up tho river as far as Tnsoumhia. They were mot there by our cavtdry outpos's Very considerable cannonading ensued; but our sharp shooters made the part holes tco unsafe lor heavy practice, and aftsr au ineffec-ual effort to laud a party, the guaboat3 backed about and retired. Their loss is considered to be heavy. Tn* Yazjo Pass Route. —There has been con siderable mystification about the locality and character of this Federal route lor reaching the rear of Vicksburg. The Columbus (Cnqirrer gives tho annexed description of it: It commences near Helena, Ark, —on the op posite or east side of the river, of course—where tha Yaxoo Pase connects the Mississippi with the Coldwater liver, through Moon lake. The dis tune.- from the A1 asissippi to the Coldwater, by thlß pass, is about twenty miles—u very tortuous aua narrow cbanneJ, only navigable when the Mississippi is qu.te high and its waters pour through tbe lowlands of this region. Tbe Cold water river empties into tbe Tallahatchie, and the Tai.ahatcbie into the Yszoo. The whole distance by tbis route from the Alississippi to the mouth of the Y T azoo, iu the neighborhood of Vicksburg, is some five huadred mile’ 1 , and over one half ol it, or to tfa6 mouth of the Tallahatchie, it is easily obstructed. The Yankee vessels were weeks en- paged ia working their way through, and »n some places did not make tea miles per ci»y. The Yankees appear to have met wiln no resis tance until they reached tbe mouth oi the Talla hatchie, or i's neighborhood, where they encoun tered tbe Confederate battery that bandied tnem so roughly. Greenwood Landing, which seems to be the lo cation of the t’oo'eiLrat" bitter’cs, ia in Carroll county, aV-u- thirty miles w. s. w. from Grenada, and near Vaiden, on the V’isid’ouppi Centra! Rail road. It is aiuo near tho cotiliuence O' tho Talla hatchie acid Yuiobuoba rivers, which form ihe Y azoo. It has been asked, wby shonlJ the Yankees at tempt tbis long laborious and difficult route to reach the rear of Vicxburg. when they might have gone so by going up instead of flow 1 the Yazoo— going thirty or forty miles instead of five hundred V Tbe answer is, because they had fon*>d out l y previous experience that thev could nut go np the Yszoo. They iried this several months ago, »Dd were repulasd, having one of tbeir rams blown up. and suffering other serious loss. We trust that tbe rome down the k azoo will prove a still more disastrous failure. The Federal Vandals bare been committing in human outrages in Lancaster county, Va. ot|nmidt # Skntmel. AUGUSTA. GAu TCESDDAY MOUlflxO, APRIL 31, i S 63. WE ALWAYS stop the Chronicle A Senti nel at the end of the year, or the time for which it is paid, of which each subscriber will receive notice tn the paper, so that if you wish to con tinue would be wellto renew your subscrip tion ut least two weeks before the time expires. WB CANNOT change the address of a sub scriber unless he gives us his former as well ns his present address. Home Perils. A few daysagoa company of females, protected by un aimed leader, entered a store in our sister city, Atlanta, aud after helping themselves to a cjUiideraoie umount of provisions, retired. The .proprietor o! the establishment deterred by the menaces of the Amazonian band, did not attempt to protect his property. Almost simultaneously (ins ive subsequently learned) a similar emeuteYim ena-ted in Salisbury, N. O. In the latter place hewever, the gentle assailants did not reutiic their foraging expedition to public Btores. Alter compolling the merchants to declare dividends in their favor on their stock of flour, salt, snuff, mo lasses, Ac., they entered private houses and took forcible possession of supplies which families hod provided for their own use. These riots may bs in themselves very unimportant affairs. But taken as an intimation of the direction towards which we are drifting, they are sufficiently se rious to awaken concsrn. “ In such indexes are seen The baby flgures of the giant mass •Os things to come at large.” Fending suoh a trial as that through which our count y is now passing, we canuot guard with too vigilant an eye against that tendency to disorgun itu.iou to which every people is exposed in such a crisis, li we sutler the foundations of law and equity to be undermined or even seriously threat ened, wo shall be in daßger front evils at home fully as much ta be dreaded as the assaults of tho enemy. When anything is done either by the government or by individuals to infringe those rights of property which should always be held Had ed, a blow is struck at the very existence of society. Every man feels that he has a right to his honest acquisitions, and to deprive him of this right is au outrage which excites his indigna tion. Any interference arrests enter prizes, para lyzjs industry, aud disorders the whole social structure. The pleuter will have but little stimu lus to raise his crops beyond what is demanded by bis immediate wants, if he has not the undis puted right ol disponing of the surplus for whut and to whom lie .pleases. The merchant will hesi tate übuut bringing goods into a market where he may b« compelled to sell them below cost. When Govqrnuiqut, no matter how urgent the necessity, siezea the property of the citizen without an ale quut. equivalent, tbe eternal principles of equity ure for Ute time held in abeyance—the law is in fringed by the very parties who are the acknow ledged conservators of law. An example is tints presented, and that in the most conspicuous posi tion pass ble, which most be fraught with wide spreading mischief. Feople will not respect laws which are not honored by those who enact and execute them. If private property must some times be token for tbe public weal—and such a necessity is un hesitatingly conceded—let there bft in every in stance a lair remuneration. We are pleased to notice that steps looking to this act of common justice have recently Been taken in Congress. Let Government keop constantly before the peo ple tho example of unswerving integrity. Let commercial honor be cherished with more than ordinary jealousy. Let every infraction of the law bo carefully noted and condemned. If such offenders as have recently appeared in Atlanta and Salisbury, N. C., disturb the peace let them be disposed of as every well regulated community finds it necessary to treat such riot ers. If there be auy persons Buffering for the necessaries of life, from causes which they cni> n.U control, let such provision be muds for them at the public expense as shall remove the tempta tion to violate the law. In this way such in cipient anarchy us that to which we have referred may bo effectually checker, und with the bl ipn ing of Providence, whilst the stormy elements of war are raging oil around ns, the sun shino of peuoe and ordeF may be preserved within. Tlio Interval of Calm. K has been remarked that a period of inaction lias a depressing etteot upon our people. While the armies are iu motion and exciling news in con st, ntly expected we forget tho difficulties of our situation, aud every one is alert and confident. Patriotism, like every other human passion, grows feebler by disuse, and in the absence of excite ment we are apt to brood over imaginary evils, or to magnify real ones beyond their just proportions. Even defeats have a less depressing effect than in action, for the true patriot is only aroused by them to greater exertion and determination. The effect of the want of excitement ha3 been exemplified during the cassation of great milit.iry operations which has occurred during the last lew weeks. The mind3 of men in want of the stimulus oi the news of great ovents, to which they havo been accustomed almost daily since the commencement of the war, huve stagnated, and from them phantoms of dreadful portent huve arisen. Visions of famine, of bankruptcy, and of every other ill that can be fail a nation, have taken tho place of hope and of triumph. These are paitly chimeras born of idle brains, and in some degree tho exaggeration of partial evils that caa be remedied. Let hut the news of one great vic tory be received, and these phaiitasms wdl vanish like the morning mist. Even should a great de tent befall ui, men would rouse themselves, re mmnber their former z.-al and revive their old enthusiasm, with the stern determination, so often avowed, n vur to yield until the object of this revolution was accompl shed. The mind as well a3 the body becomes enervated by inaction, but like the body recovers Us lone Uy the exercise ot its strength. Tho late interval of inaction has been one of in creasing depression. Events have taken place, Uut not of the magoitudatu which we have been accustomed. But the period of stagnation has nearly passed away. Our own forces and those of the invader are face to face every whero. Bat tles cannot much longer be delayed. Well pre pared, as we are now, there is no reason to appre- hend a repi-t tion of tbe disastersof the winter and spring of last year. Compare Vicksburg with Fort Doricison, the well oiga iz id armies of Bragg and Lee, with tae scanty forces who fought so valiant ly but vainly under A. B. Johnston and /SoUioofler against overwhelming numbers, and gay if there is any reason for depression or despair. The raw troops of twelve months ago have become vetcr- ans, better armed, better provided, and with bet ter knowledge of the capabilities of themselves, of thair leaders, ani tbeir enzmias. Kvau should we chares to suffer defeat, one battle field or two, or a dozen, wifi not decide the event of this war. Tho recuperative powers which were so wonder fully displayed after the disasters of last year, will be displayed agaiD, and people will forget in tbe ekertipn of energies again aroused, the “chim etas dire” which they imagined they saw amid the darkness of the future. The high resolves— “the heart for every fate” which characterized oar people, when the bloody work of war was buoiest, will be again invigorated, and we eball hear no more croaking, no more gloomy anticipa tions. Looking upon inaction as such an evil, we cannot but hope, if the war muHt go on, and our independence must be won by the sword, that there may be no more cessation of active hostili ties, but that the war may be “short, sharp and decisive,” leaving the result to the decision of the God of battles. Tall Rye.—Mr. Geo. A. Oates has shown some stalks from a field of rye growing at “Alill Bank,” bis beautiful country seat. The stalks will aver age five feet in height throughout the field, and some of theca have beea found to be six feet f'onr and a half inches in height. The field consists of about two acres of piaey woods land, well manur ed, and tbe crop, judging front these speMmens, promises to be remarkably vigorous and abun dant. Tn-Weekly Watchman trothful y and , oetically remarks that — “ Alsu h ive shfd their blood in vain^ Unless the farmer ra’se more grain. Green Boas and Strawberries have been seffiug in the Savannah market for the past week. Tbe C otfon Planting flncstluii. The Si nate Committee ot the Georgia Legisla ture appear'to be divided on the coiton planting Dotation. Both par'd.3 have made a report. Tke majority Goatmiltc-e Lave reported the follow ing : An act to prevent atjd punish tha cultivating in the State of Georgia mi ore than a certain quantity of land in coitnu or tobacco, during the icssent war. 1 See. I. The General Assetnldv of the State of vijorgia do cnnoi, That it shall not be lawful for a person or prrsousT whether residing in this o. *°, r not ! to cuitioaleio any county in this or -liYmv tht>ir a o e!,: ® cr employees, tv ni B SS* 8 to bo done, a greater qimnti n-ir •> on.ii n <<ll <>n one ncr - for each hand, .",„j{ '‘j e * H U;in tit' of Uud in tubuccv than oue nWl\v tor each ..and. owned or cm- Droyea ov them uptw-i*., ♦#. , dity-l»7o ; and sdd » ° l bluien antl „. v ., , ’ . „ . " S,UQ 1' or persons may A A hau sever fifty five vaara of at ze and under bixiv dv* <»»• . » ' * 8 01 and under fifteen two of sad x-m uVI! I ,™ °* ed as one band. ’ waoll ’ a “ 1 “•‘“ds shall be Ceuut- aec. 2 And ba it further enacted. That everv /Yolft'or or tfii* I? fi, 11 1 ’ ' t.'iiy meaner, uud ~LuZ n V"’”'' ° “ u ' isd *- and for every acre , fV-tton » .d’eTe"* b " ‘‘ U ' .. tobacco s-. ..„l,i W M üb^^SKTpeei! ..ed in .he preceding s-ctiou, tha sum Uvehun county where the convmction takes place for the Dfnefit of indigent s Idler,.’families. ’ Sec. 3. Aud bait funher enacted, That no hand edh oep ,‘ th>s vy :u; - u - v *“°wu «•»pmplov this act. a haU ‘ “ b ' : tooUDte ' 1 *«ch under Jf'*'. That ftny person or persons who nmy n end or desire to prosecute a..v person or „ "eae or the violation ut this act, may, upoa lion o any Justice of the Interior Court county snported by affJov i: u.at he has good reason to believe that the law l,„i been violated obtain fin order nqu.ring (he county Surveyor his lawful deputy, to inner the premises of said person and make a surrey of ass the lands so cul tivated m cotton or tob.icco, and the persons so a iplying for a survey sha I pay the cour.lv Sur veyor or his deputy tor making s-.idsuivev his nsual fe.-s. whir), shah be taxed iu the b li ofcosis ou tile liaiu R.-juatca mu of the c so. Sec 5 Thai alb p-r, asw. il Uli owners of ilav s cultivating coU-u or toU .. (;r0 Bllall m .0 tne lax ILieivu , na iu oath, a return of tha quantity of land so cultivated b,* them, and the number cl hands owntd or employed in such cul ture, between the ages of twelve and fifteen, and fifteen nnd forty five, mul fo.lv five and sixtv five, each year .lining the war. Ami be it fnrtr.ur enacted, That the Act of the Genera! Atssemhly of this State, o: titled. “An Act to prevent and ; uuigh the planting uud cultivating iu tee State ot Georg. a over n o.t taiu quantity ol land in'col ton, during the war with the Aboliliosisls,” assented to t.ie eleventh day ol December, i t the tear one thousand eight hundred and sixty two, lie, and the saute is here by repealed. Sec. 7. And he it further enacted, That the Judges of the Superior Court* be required to give ibis law speci diy m charge to the Gr ind Juries, at each term of their courts, during iheß coutinuauce of the pivsoiit wnr. The minority pnrti m if the committee being unable to concur on the re; ort of the majority, have given the annexed reasons for so doing: Ist. 1 lie recent action of the Legislature, res ihciiog tbe (dentin ol Colton to three ucres to the bund wua the expression «i that body afier a nil inve .tigaiion ot the tiu.jrcq uo.l though, iu the opinion of many legal ami ictciiigi ut minds, was of doubtful constitniionality, yet it has met with no positive opposition, hut has been acquies ced in by planters throughout the entire Slate, wishing thereby to promote the public good. The message of his Excellency the Governor fai's to disclose any new reason, and none has occurred to our mind, justifying mis sadden change of the law. We are unwilling to admit that wo were mis taken in the course pursu <i by the Legislature iu the passage of that luw. (t was not hasty aud <«- oonsuleraU legislation, but was tbe result ut mature counsel uud del berution, uud mot the approval ot iis Excellency the Goveruor after having under tone his aociißtomed close and critical mrcsliga tion. 2d. It is our deliberate opinion, the result both of obsei valiou and practice, that the proposed change will not materially increase the produc tion of corn aud other grain. 3d. In order to increase the production of corn, every planter must ueci.muriiy add materially to his plow foroe, which, m the present grea> scarcity of mules and horses, is bath impracticable aud. impossible. 4th. Our lie iicd and still diminishing transpor tation, would prevent an increased grain crop from being made available, there already being in Middle, Southern uni Southwestern Georgia, more corn aud other provisions than can, by the present facilities, he distributed, until much of the large supply shall have ficoa wuotul by the wee vils and other cum- s " :>ih. M any ol ihu cotton planters of Georgia hare already planted their crops of cotton, in compliance with the la . oi the Legislature, and it is not within our power by retroactive legislation to interfere wiili me cultivation of the same. 6th. To exclude from the operations of the pro posed act, Bitch us have planted and molude those who have hot planted, Would be urjual and viola tive ol that clause of me Coastuuuou which pro hibits class legislation. 7th. This su.ideu change iu (lie law, affecting, 83 it does the hoeest calling of the piauters of this State not demanded by public necessity. will be viewed by many an a reII etion upon their pa triotism ami unwarranted mu-rierence with their private rights. Bth The cnnQrs'-ion made by tlia cotton plan ters, during the past yen-, , re.fi rioting their crop of eotion, to our mind , a sufficient gu .rantaee that they, as a class, are behind none other in patriotism, will make sacrifices when legitimately demanded, equal to any other people or class, and need not the stain mandate of the law to restrain them within li e line of public duty. Wa therefore beg leave to submit the following resolution expressive of our views as to the policy this Legislature should pursue in the premises : The General Assembly of Georgia dd resolve, Ist. That any change :u tho pres lit existing law regn riting the planting of cotton would be impoli tic and unwise. Unsolved, 2d. That we request- such planters, who aro living mur hum ol transportation, and who can inersuse their plow foioe, to restrict iheir p anting of cotton to such liuiiis as will ho neces sary only for home comuunpiiou. To Youa Posts —The Mobile Advertiser and Register properly iiay.i the time has como when every officer and soldier cl the army thou Id be at his post. Tho voice oi the North is again load for war. The Van Bur.-ns aud Bradys, among the Democrats, have ceased to talk of peace, and swell the shout of the republicans ior more bloody fields to crush tho rebellion. \Ye have before us nrghtiest campaign of the war. If our sol dieiaare at their posts and tight as they have done, we fhali be victorious, and there is every reason to believe that it wili be the final and crowning struggle. Indeed, the North virtually admits that (be fate of Lincoln and bis»Puiitau party bangs on the issue of the campaign. It is ior Lincoln victory or death, a crown or a hal ter. 11 he overwhelms us in Virginia, :il Charleston, Vicksburg nhl Murfreesboro, ha is "‘r aster of the situation” at the North, ami fir us there are the horiora of a long war. If be f:ii : s, his own people will tarn upon him. This u what they hslieve and it is upon this programme that the John Vaa Buren Democrats cry for war, and give Abi ahum Lincoln six months or “nfuelydaya” within which to win his crown or losfe hit; head. Bow impor tant, then, that our armies should be full. Buhkiko or tus Bat is Kapek Mill.— The loss ol this paper mill at this time, is a great pofelie Calamity. A large amount ol work was done there for tbe Confederate Government, besides supply- mg a number of newspapers with paper lor tbeir regular issues. Tbe exteut of the lout is not easy to estimate at this time. The mill was entirely destroyed, with paper, and stock in process o 1 being worked up. The slock i.ttis a adjoining were saved by great exertions, at also the board ing hooses. It is not yet a seer tin it J what portion of the machinery, If any, cau be saved from the fire | bat there are m.auy things which it will be difficult, to replace at present. About fifty hands were employed ia tbe milL The fire originated from a spark upon the roof. Tbe high wind prevailing, and the Unglfi of time elapsing before the fire wai uiotovered, made it wholly impossible to save the building. It is hoped that, from the importance of the mill —being tha largest in tfie Confederacy— measures will 03. taken tit once t > lebuild it. If you would like cheap newspapers, a good supply of writing paper and envelopes—all of which are almost as indispensable as clothing— save your rags. Let the rag bag become a re oognizid institution m every boueehold. Nolli ing would tend more to iuciesoe tbe quantity of paper, and oheapen its price, than tbe genera! in si itution of the rag bag. Let every re rap of clotb, rope and thread, refuse cot’.oo, and all wrste ma ted- ), ol winch either Colton, (1 ix or hemp forma the fibre, be dihigently gov and, -nd sold to the pa per mills, and paper will become abundant and ba famished at reduced vatee. A great many of our public mea anti newspapers are palavering much about receiving the people of the West “with open arms.” Better quit talking about embracing them so affection ately, until they c»ase to approach us with loaded arms. The way to treat the N'uiih western ques tion is with Bilecce. If they want to revolutionize, let them do so. There is plenty of time for us to act when they have acted themseivea.