Confiscation Under the Amnesty Pro clamation -Its Very Limited Extent The law of July, 1862, and President Lincoln's prbo tarnation consequent thereupon, imposed the penalty of forfeiture of the eutire property, real and personal, uppn every man who should con tinue, after sixty days, to participate in, or iu any tuaoLer abet, the rebjlliou. It was a tren chant measure, of rnuch thane character as the enactment of the Confederate Congress, ten mouths previous, which smote all sorts and.de scriptions of property belonging to alien ene mies;" that is to say, to friend of the-Union. Were this law now to be carried out,-it would make nearly every Southern man and woman houseless, landless, penniless; for nearly every Southern man and woman has in same way par ticipated in the rebellion since that time. The Amnesty Proclamation of President Johnson relieves all from this forfeiture, except ing those embraced within the fourteen catego ries specified. Its practical effect is to lift the liability to confiscation from nearly every. South ern farm and plantation. Comparatively few of the owners of farms and plantations come within the rauge of the designated exceptions. The men who served in the Confederate 'Congress, and who filled the Confederate offices, were mostly lawyers or professional politicians, who had nothing to do with agriculture. The mili tary officers above the rank of Colonel were mostly officers of the old national army, who had lived in garrison, and owned little or no Crops, &c. Passing through portions of Wake, Johnston and Wayne counties dating our recent excursion J we could not avoir the conclusion, that our farmers will r barely if ake half their usual crop, even though the. seasons should prove unusually favorable. Tbenost that some of our farmers can do the present ear will be to renew their fencing geneially destroyed and to prepare as , well as ma; be ;for making an average crop next year. This State has been peculiarly unfortmate in this crisis; for though the actual destruction of property within her borders has not beet so extensive perhaps, as in other States yet he .movements of tw6 large armies in planting ca son were extremely disastrous to the agricultural interests of large sections of country, while? in discriminate foraging has reduoed the farmers in many instances to absolute want. Tbcso have had' to begin life almost de novo, apd'o replace from their crippled resources not ony 'the stock and the agricultural implements es sential to a proper tillage of the soil, but they have had to essay all this when the Iabor-systen is in a state of utter chaos: The suddeif aboli tion of slavery has transformed into wastes, plantations that were once gardens. Bewildered by the novelty of freedom, able bodied slave haye ceased to work. Leaving the weak and the infirm, the women and children, as a bur 'then to those who formerly owned them, the strong and stalwart have congregated in the towns, their definition of freedom embracing but two ideas; the one license not to vsork; the real estate. lne planters and larmers ot tne other,sgratuitous rations from the U. S. Cora- South almost universally remained at. home fiussariat. . .without any official connection with the Con- . i federate Government. This was in accordance not only with their own habits and disposition, but with the policy of that government; one ot its chief solicitudes being to secure for it jreat armies adequate subsistence. The only one of the exceptions specified which to any ex tent touches the planting and farming classes oftbeSouthis that which excludes from the bene fit of the amnesty all abetters of the rebellion who have taxable property valued at more than twenty thousand dollars. 13ut the ravages of the war, the lossof slave property, the disorgan hation of the wh6le labor system, and the un certainties of the future, have so greatly reduced all of the old agricultural values, that it if safe to say that not one in cue hundred of the pre sent landholders of the South has taxable, prop-J erty to the amount named in this proclamation. . There will be then, at most, but comparative ly little confiscation of Southern lands. This fact, we doubt not, will give general satisfac tion. The object of the original law was not re tributive but restorative. It was hoped that tbe property-holders of the South would be in fluenced by the fear of ruin to take advantage o he sixty days grace presented by the Presi dftt's proclamation,- and return to their allegi ance. Perhaps some sucfc effect might have followed, had McClellan taken Richmond with-? injlie two months, as was then expected. lut th Southern people could find nothing in his disasters to assure them of the ability of the government to reestablish its power. No South ern .taan, at that time,- however personally at tached, to the old flag, could conclude from our method of conduoting the war, that the rebel lion' would be evorcome; and it is . not at all strane that Southern property-holders did not withdraw fjom the rebell'iou at the time, in pur suance of President Lincoln's call and warning- copy tho following from the Raleigh . Progress of the 7th inst : Our New Governcr-The Policy to be Pursued in Reconstructing a State Government. We had .a short interview with Governor Holden on Mon day "afternoon, and from him learned the plans t;nd intensions of President Johnson relative to 'the reorganization of a loyal State government in !Nortb Carolina. It is not the policy of the Gov ernment to allow those person who have been notoriously disloyal and prominent in their hos tility to the national authority to have anything to do with the reorganization of a State govern ment. The enrolment of voters will be conduct ed by men-of unquestionable loyalty, to be fc iected for that purpose in each county, and those leaders who were prominent in their adherence to the rebellion will neither vote or hold oice, for the simple reason that for the present they are excluded fr on the Amnesty Oath. , Though the President gave the general out lines of the policy the Government desired should be pursued in the reorganization of the State gov ernment, the details and practical application of tho system will all he left to Governor Holden. But the people must not expect all fhis to be done in a day. It has taken years to pull down, and it will necessarily require considera ble time to build up. Iu the first place, having no mails and no means of communication save through couriers, it will require some considera ble time to make the necessary appointments in the several counties for the enrolment of loyal men: and after this shall badone, the enrolment must be made and the record returned to the Governor's office before au election will bo held. This can probably be acccomplishpd in time to elect delegates' to a Convention in 'August, and if so, the body will assemble by the 1st of Septem ber at farthest; and then, having laid the ground work, the work will go on rapidly and harmoni ously. The Convention can arrange for the hold- lqg or an election lor liovernor, congressmen, members of the Legislature, oounty officers, occ; and after all these shall have been elected, and entered on the discharge of their duties, the new State government will be fully under wafi and the military iney be entirely withdrawn from our borders. ' . And as much discretion has been given .the Provisional Governor, by the Government, in the discharge of his duties, Mr Holden will be mainly responsible to the loyal men of the State for the manner in which the work of reorganization shall be performed, and weliespeak for him the hearty co-operation of all true men in the- performance of the arduous duties before him. TennesseeA bill fixing the legal status of the colored people of Tennessee has passed the lower branch of the Legislature of that State. It guarantees the sanctity of the matrimonial relation among them, but forbids' their inter marriage with jwhites. All laws in force for the benefit of married women and children are to apply to people of color, provided that colored children shall not be admitted to the schools with the whitesw$$ifrOlored persons may be wit nesses in all State cases in couit against each 10th er, but not against white persons, and no con tract between a white and colered person shall be binding unless made in writing and witness ed by a white person.- Colored persons are sub- ject to the same penalties for crimes as whites, with the addition that rape by a colored man on a white woman shall be punched with death. Thire are various other provisions in the bill; but these are the most prominent. N Y. He raid. ' ;. .-. .. ';, " . ' The government has rescinded the order re quiring passports from travelers coming in the United States, excepting only those who'iufja known tq'bo, or -w ha may be suspected of being, enemies of the government. The latch string is out for all honest niec. Railroads, in Tennessee and Georqia. The work ou the railroad between tbb city and Atlanta is progressing with great, rapidity. Trains can now run to Kingston," and in a few days will be able to run to Cartersville,' only a small piece of trestlework over Petit' Creek be ing yet to complete.. On the Atlanta end the negroes, captured by Gen. Wilson during his raid, have been set to work under the super vision ot some 50 overseers, and have repaired that portion of the road as far as the Chattahoo chie River, while another lot of them are on this 'side of tbe river. The telegraph line is work ing to Cartersville and will soon be completed to Marietta. Parties are employed in carrying passengers in wagons from Atlanta to Dalton, charging them $15 for the trip. - , Gen. Wilson has granted to a firm named Lockhort, Lee & Co , the privilege of gathering together all the machinery and materials that can be found in Atlanta, and the firm is busily engaged in repairing and putting in good order the rolling stock of all kinds, belonging to the different railroads which centre there. The President demand Indemnity from England. The Memorial Diplomatique Pa ris ot the 4th ult., makes the important an nouncement that President Johnson has in structed our Minister at London to "require of the English Government a prompt decision as. to the indemnities due the United States for Iossvs caused to Federal citizens by Confederate cruisers, such as the Alabama and others, con structed and equipped in English ports since the beginning of the war." The Memorial adds that this demand has been several times made by the United States, but that its justice has never been conceded by the British Government, which has rested its rjiutfal upon the opinions given by the law offi cers of the crown; that 4,Mr Lincoln bad never theless persisted in the demand, renewing it a short time before his death; and that Mf John eon, far from abandoning this demand, has re vived it, accenting it with more vigor and ener gy than ever' It is the opinion that the de mands will be acceded to by the English Gov ernment. ; The Madrid Epoca, of two days later adds : We believe, finally, that England will end by satisfying the United Stats, and recognizing the justice of the reclamations which we believe can not in the main be contested, even if they do not in amount fully reach the sums mentioned in this connection. . The London. Standard says that "so long as the Confederate States were able to hold, their own and give employment to all the foroes of the North, it was. not convenient for the U. States to push matters in-making demands of England. 1 A National Rank..- Such an institution is much needed in this region, and will prove of incalculable benefit in 'restoring business gene rally. Our people have ample securities, but are utterly devoid of money with which to re sume their occupations. With a healthy bank in our midst, having ample capital to loan on undoubted security, we shall soon have prosper ity again. Wilmington Herald. This is just what we need in this region, al so; and we have no doubt it could be easily and speedily obtained by an energetic combination of our leading business men. Indeed we have heard something of a movement said to be al ready on foot toward the opening of such an in- eiimtlnn !n fkorlnrto Wo tin nrtt kiinir tiniv Directions for Administering ; and Record- f it , pressed, or what measure of suc- ing the Amnesty Oath. The following official i ccss it has met with, but we trust it will be pros circutaihas been issued: Aec York Times., Department Washington, of State, 4 r J SlR-A copy of the President's amnesty proclamttioo of this date is herewith appended. Ry a clause in the instrument the Secretary of State is frrected to establish rules and regula tions forUdministering and recording the am nesty oatl, so as to insure its benefits to the people arid guard the government against fraud. Pursuanlto this injunction, you are informed that theyath prescribed in the proclamation may be taen and suscribed before any commis sioned offifcr, civil, military or. naval, in the ser vice of the United Statesf or any civil or milita Yy" officer of a loyal State or Territory, wjio by the laws tlereof may be qualified for ad-ministering oaths. ' All officers who receive such oaths are h?eby authorized to give certified co pies thereof to the persons respectively by whom theyj were made; and such officers Are hereby required to transmit the originals of such oaths at as eWly a day as-may be convenient, to this department, where they will be deposited and remain in the archives of the government. A register thkreof w,ill be kept in the depart ment, and on application, in proper cases,certi ficates of such) records will be issued in the ens tomary form of official certificates. I am sir, your obedient irvant- WILLIAM II: SEWARD. . 1 Secretary of State. ceuted to a successful issue, because we believe that , here as well as in Wilmington, it .would prove of incalculable benefit in restoring busi ness generally. Chqrlotte Bulletin. An Auctioneer Caught in Jlis Own Trap. Smith, the auctioneer, is a popular, man, a wit and a gentleman. No person is offended at what he says, and many a hearty, laugh he has provoked by his humorous sayings. He was lately engaged at a sale of venerable household furnitur and fixins. He had just got to "Go inggoing, and a half, and a half, going!" when he saw a smiling countenance upou agri cultural'shoulders winking at him. A wink is always as eood as a nod to a blind horse; or a keen sighted auctioneer; so Smith winked, and the man wiuked, and t bey kept winking, and Smith kept "Going, going," with a lot ot glass ware, stovepipes, carpets, pots and perfumery, and finally the lot was knocked down. . 'To who?" said Smith gazioc at the smilinc HEWS ITEMS. stranger. Id Macon Ga good bason has sold as low a seven cents pec Jound, fresh beef at eight cents per pound. Com weal at seventy-five cents per bushel, and eggs at fifteen cents per dozen. "Who? Golly I" said the stranger, "I dun no viho!" "Why, you sir," said Smith. "Sho: Me!" ' ft it'Yes, yes," said, Smith; you bid on the lot." A"Mer "I'll be goll darned if I did," insisted the stronger; Why did'ntyou wink, and keep winking?" quoth the auctioneer. ' "Winkin! Well I did so did jpu wink at iut. I thought you were winkin! at much as to cay keep dark, I'll stick 'somebody on this lot I of stuff; and I winked, as much as to say I'll I be goll darned if you don't, mister." General Beauregard,,of whom we haro heard very little for the past two months, ws in NeW Oileans on the 2 2d, and registered his name t General' Ranks' headquarters as a paroled rebel officer. Trial or Jlff. IfAVis.Tbe Judges of the Supreme Court of the District of Colurubj have determined to try Jeff Davis, on the in dictment found last Friday, before a full bench, Judge Carter presiding. There is reanoo to be lieve that the trial will take plaae on or about the 19th of this month, unless the defendant can make a showing of necessity for postponing the hearing for a few djiya. The trial cannot occupy more thai) three or four days in' the inj. panueling of the jury and presentation ot evi dence; any-further prolongation" will depend on the length of arguments of counsel. New J or, Herald. Gov. Rrown of Georgia has been released on parole at Washington. The military commission has found Rcnjamiu G. Harris, member of Congress from Maryland, guilty of the charges' of persuading rebel sol- dicrs not to tasce tne ostn oi allegiance, but tj get exchanged and go back and continue tit fight. He was sentenced to three years' iraprii. onment and a forfeiture of all political right. The President has approved of the -finding, but remitted the sentence, and tho prisoner has beei released. It is understood that the mission of Gentn', Sickles to Rogota was for the purpose of obu'm ing grants of land for the purpose of settling them with blacks from the United HtattP, ami that the late President, who authorized the mis sion, was willing to give fifteen millions of dol lars for adequcte territory. Kentucky. A resolution was introduced in both branches of the Kentucky Legislature to recon&ider that rejecting the . Constitutional Amendment abolishing Slavery, but was refused permission to be entered. The vote, however, showed a large accession of strength to the ran Li of its friends. Cbiro, Thursday, June J. Trade has airly opened with the people ci Northern Alabama. Two steamers have gone below from this city, laden with merchandise for that section, which sells readily at satiifacto ry rates, money being found thero hi unexpect ed abundance. - r T . . . t i xuumid. it is surprising to tnose woo have been in' the oity since its occupation bj tbe union army, and'wbo formed a very unfavorable estimate of the amount of articles of trade here, to witness the cart and dray loads pf cottoriOk in, &c , dow beiog "stored in the. warehouses for shipment to the northern market. Where it comes from no one knows. Ten days ago all kinds of vehiclesfor hauling could be found iu idleness on the streets, but 'since" the removal of restrictions on trade not one is to be tfeen all busy hauling. Wilmington Herald. m The National Debt. We hive now the official figures, from the hands of Secretary Mc Culioch, showing us the aggregate of the nation al debt as it was known to exiit on the 1st of the present month. The following are the de tails: Total indebtedness S2,GS5.205,7.V; Interest, both in gold and paper 124,C3,S"4 Amount bearing interest in coin 1 ,108,1 -Interest G4,4H(.,4N' Rearing interest in lawful money 1,053,470,:JT1 Interest G0,16S,:N Amount on which interest has ceased 78G,2 Amount bearing no interest 472,82J,I'i Legal teuder notes in circulation 659,100,501 Fractional currency 24,GG7,U'.H' Uncalled for pay requisitions 4U,00U,tXK' Treasury notes over .25,0UU,l'W It thus it appears that we have already s iMt of over two thousand six hundred and thirtj five millions, which before the fiscal year, in 1866, will no doubt be swelled, to three thou sand millions, with an interest of one hundrfi and fifty millions in gold and currency to annually. New York Herald. CIRCULAR IN RELATION TO Till SHIPMENT OP COTTON,-&c. Headquarter Department of North Carolina. JUWrigb, N. C Mar 30, ltttfi. General Orders No. Ci. AU seizures of Cotton or other products, oi private property of whatever kind, are prohibit All restrictions upon the purchase and tbipni-' of tbe prodacs of tbe coon try bare been rcrao" All pofoo. except those in the militarj srrvic. ' authorized to purcharc and hij to market, u and other products without restriction. Tl e ernroent tax of twentj-five per cent, upon IVV will be paid at the sea pott from which tLe meet i$ xuade. . The Qfiartermaiter's department will nfVurJ pojiible facilltiea tor tbe ahipment of cotton other products over the military railroad. All commanding officers are required to entvr' the prohibitions of this order, and to Mrmf'' people to send products of the country tu m' Tbej willnlso gire- purchasers and slipper w"e'' ear j protection as far as practicable. Hr command of ilsj. Gen. SchofielJ, J. A. CAMPBELL, As't A5jt