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Financial condition of South Carolina.

A Legislative Committee to whom was referred the subject of raising supplies for the present fiscal year, report a deficiency of $1647, 496, to raise which sum they have submitted a bill of taxation which will produce, it is estimated, $1,724,000. Among the items of taxation are as follows: Upon every one hundred dollars of the value of all lands an ad valorem tax of $2; on all slaves a tax of $1.66 per head; $3.25 on each free negro, mulatto or mestizo, between the ages of fifteen and fifty years, except such as are incapable of procuring a livelihood; twenty-seven cents ad valorem on every one hundred dollars on all lots, lands and buildings within any city, town or village; one hundred cents per $100 on factorage, and all professions, and employments, excepting clergymen and mechanics, the same on commissions received by vendue masters, &c., forty-five cents per $100 on capital stock, of all incorporated gas companies, and one and a half per centum on all premiums taken by insurance companies; twenty-eight cents on every $100 of the sales of merchandize, &c., made between the 1st of January, 1860, and January 1st, 1861. (The products of the State and the un-manufactured products of any of the United States are excepted from this provision;) $100 per day for all circus exhibitions, and $20 per day for all theatrical or other shows; $1.50 on every $100 of interest received during the past year on all bonds and notes; $2.50 on every private carriage, (not kept for sale,) and $1.25 on each buggy, provided that not more than one tax of this kind shall be charged against any one individual; $1 upon every gold watch, and fifty cents upon extra silver watch not kept for sale.

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