THE WILMINGTON JOURNAL. WILMINGTON, N. C., MARCH 1, 1866. The war waged by the United States against the Confederacy, was heralded to the world as a war for the preservation of the government It was not to be a war of conquest; not a war of annihila tion, but to be carried on solely, as congress and the press throughout the northern states averred, to compel submission to the authority of the govern ment, and to restore the union of the states. That was the principle involved; that the main issue at ct- rath thi understanding thousands were - i a I-' fh northern armies who would bare recoiled from doing so under any other in bfl nld flacr. thev loved U.Ul:t;illt:iaii. - the union, and could not consent to its dissolu tion. All over the north the rallying cry was the union it shall be preserved; we demand no con fiscation; we wish no annihilation of peoples; the states cannot go out of the union, and we fight but to keep them in. The war ended, we all know how by the complete, entire submission of the southern people, and what ought to be the legiti mate result of such an ending. The union, of course, and the union only, with the exception of slavery. And this is President J ohnson's view of the situation, if we correctly understand it. But the radicals in congress the majority headed by Stevens in the house, and Sumner in the senate, think otherwise. They hold that the war was waged only for negro emancipation; that the states claiming to secede, did actually secede, and are now but conquered provinces, and to be treated as such. In their wild and fanatical zeal for the black race, they wish to enforce the idea that the union cannot be restored unless the negro and the white man are put socially and politically on a level. The question naturally arises as to their sinceri ty in the expression of the principles they now enunciate. Are they honest in their convictions; do they mean what they say; do they really be lieve themselves, in the equality of the races? It is not in the nature of things that they should; every instinct of the heart revolts from such an as sociation. It is true, (if we take their election to seats in the council halls of the country as a crite rian.) they represent the northern sentiment, but we cannot believe that a majority of the northern people sanction their views, or approve their course. If they do, it behooves every conservative man, every good man, north and south, to rally to the support of the president, and to assist in beating back this evalanche of ruin which threat ens to engulph us. He stands almost alone against the wild fanaticism of the north. He has shown himself, not by words only, but in acts, to be our best friend; has exhibited a degree of moral cour age unexampled in our history, and which his previous antecedents gave no reason for expecta tion. Surely the people of the south will not be wanting in gratitude towards him, for his efforts in their behalf. The impulse of patriotism, the moral obligations of duty, and the generous prompt ings of grateful hearts, all forbid it. Let there be general meetings then, of the people throughout the south, to give expression to the universal feel ing of respect entertained for him, and let all unite, irrespective of former party association, to do honor to the man whose actions are governed, not by the commands of party, but by the prompt ings of a lofty patriotism. It may be urged that such action on our part might tend to excite the already vindictive passions of the radicals against the president, and would be used by them to his prejudice and injury. We do not believe that any such result would follow. The breach between the radicals and the executive has already been made, and nothing that we might do would ma terially increase it. Besides, they are determined to crush him, and having the will to do so, they will not be very scrupulous in regard to the means used to effect their purpose. The south owes a debt of gratitude to the president; let us not be lacrsrard in showing that we appreciate his course towards us; it is due alike to him and to ourselves, and in our judgment it should be done promptly. The President and Ills Veto Message. We have read the President's message vetoing the bill enlarging the power of the Freedmen's Bureau, with a high appreciation of the manly and straight forward manner with which he grapples with its de tails. There is no dodging around corners, but marching up squarely to the issues; he deals his blows unsparingly, until its very advocates cannot but feel, if clear perception is yet left them, that a more high-handed, uncalled-for measure was never before attempted to be forced upon an un willing people. One cannot but perceive in read ing Mr. Johnson's messages and speeches, how fearlessly he assumes responsibilities, and how de termined he is to yield not a jot or tittle of what, after mature deliberation, his heart and mind ap prove. His plan of reconstruction has been laid down, and from it he will not deviate an inch. His arguments against that position of the bill ap pointing agents to act as judges and to adjudicate questions arising upon contracts, and with powers to imprison, are exceedingly cogent and defy refu tation. The constitution guarantees to every one a speedy and public trial by an impartial jury of the state wherein the crime shall been committed, and this position of the bill is in clear violation of the fundamental law of the land. Upon the question ' of the right of the government to seize upon cer .tain lauds, and to grant them out to other parties than the owners, he is conclusive in the legal grounds assumed by him. This property cannot be seized and confiscated without due process of law being first had, and it shall have been legally declared in the Federal courts forfeited to the government; until that shall have been done it is the property of the original own ers. The President does not believe that the class of persons to whom this bill is expected to bring re lief will find in it that haven of rest and happiness so earnestly sought for by their friends. He says, "in truth, however, each State, induced by its own. wants and interests, will do what is necessary and proper to retain within its borders all the labor that is needed ior the aeveiopement oi its re sources." This is a true solution of the question; a complete answer to the difficult problem, which weighs like an incubus upon the Northern mind. Only let the negro alone, and let the citizens of those States in which they reside alone, and the necessities of each party operating upon the other will quickly produce most beneficial results. The negro will be protected in those rights which may be guarantied to him; and their employers will find it so greatly to their interest, in order to obtain their labor to the best advantage, to treat them kindly and humanely, that if they work faithfully they will find no difficulty in meeting with prompt payment for their services. Ifis a message of great ability and unanswerable in all its points. It will exalt its author to the high est rank among the soundest statesmen this country has ever produced. He looks not to the interest, nor yields to the demands of any section, but believing it to be his sworn duty, under the Constitution, to do impartial justice to all sections, he puts his foot down, and the radical tide flows back, dismayed by the commanding front of one, who, truckling not to party, dares pursue the right. We would like to comment at length upon this most admira ble message, but time and space forbid. We beg our readers to give it their earnest and earliest pe rusal. The Political Situation. We desired to communicate with the readers of the Journal freely in this morning's issue, upon the condition of affairs and the temper and dispo sition of men and parties at Washington, but our nnrnose has been thwarted by untoward circum stances, and we are forced to be brief and pointed in the few remarks we are allowed to make. The political cauldron at the capital of the na tion boils tumultuously and threatens to over flow. Men's passions are greatly exacerbated, and anything but an era of good feeling rules the hour. The Richmond Whig of the 19th, which has just fallen under our eye, characterises it as " an era of bad feeling of bitterness, passion crimination, defamation and revenge." " The President is to be hunted down by the disappointed Radicals because they find him a stumbling block in their path. He stands between them and the Constitution, which they would abuse with violence; between them and the South, which they are seeking to ruin. He is an obstruc tion and a hindrance to them, and they are resolved,-if they cannot remove him by impeachment, to destroy him by vituperation. Wendell Phillips, that maker of phrases, and fomenter of strifes, thus sounded the key-note at the Brooklyn Academy on the 13th February : ' This campaign has to be fought against Andrew Johnson ; the last had to fought against Lee. ' Again, said he, on a previ ous occasion : ' Unless an outside pressure, such as has never been known, can be brought to bear upon Congress, the President will beat.' " Knowing Wendell Phillips, and knowing the character of the Radicals, we all know what this means ; it means war to the knife the knife to the hilt.' It means a war of pitiless denunciation and unscrupulous defamation. That war has al ready commenced ; the hunt is up ; the hounds are let loose, and the noble game, instead of fly- ing, has assumed tne attitude oi antagonism ana defiance. With the Constitution in one hand and the Union in the other, he stands calm, collected and self-poised. It is painful to think that, after so much of strife, and when the country so much needs repose, there should be a renewal of fierce agitation. It is pain ful to see the head of the nation, who is devoting himself with all his energies, experience and great abilities, to the establishment of the constitutional status of the country as it existed before the war, treated by a domineering party as though he were a miscreant and the ' cut-purse of the empire.' With a moderation worthy of the primitive days of the Republic, he denies himself powers that would make him an autocrat, because those pow ers are not conferred by the constitution. In the same spirit he denies the same powers to the legis lative branch of the Government. Hereafter, when fanaticism and passion shall subside, and reason shall once more assert its sway, the whole country will honor him as he deserves to be honored for so doing. In the present unhealthy state of the Northern mind, when the frantic passions of war I nave surviveu mat war useii, tne xvaaicai party, demoralized by the habitual exercise of power, and impatient of all restraints upon its will, views Pre sident Johnson, who is called by the perverse and vindictive leader of the House of Representatives, that man at the other end of the avenue, with jealousy, distrust and aversion. But there he stands and will continue to stand, a lion in their path." We have collected and publish elsewhere in this issue, tne criticisms oi the press upon the Presi dent's veto of the freedmen's bureau bill. It will be gratifying to the reader to perceive he is sus tained by all with the single exception of Massa Greeley. Daily Journal, 2th ult. Major Gee. A military commission has been organized in Raleigh, under the orders of Gen. Ruger, to try Major Gee, for some time in charge of the Con federate military prison at Salisbury. The gener al charge is cruel and inhuman treatment of pris oners while under his control. The specifications are unknown to us. What facts may be proven on the trial we have no means of ascertaining. But the allegations are entirely incompatible with Maj. Gee's private con duct, which is remarkable for humanity and the exercise of those pleasant charities which sweeten the intercourse of life. His friends in Florida will procure him able counsel. May God grant him a safe deliverance. The following officers constitute the court, which commenced its session on Wednesday, the 21st instant: Col. W. W. Wheeler, 28th Michigan Infantry. Brev't. Lt. Col. John Hamilton, U. S. A. Lt. Col. R. K. Miller, 128th Indiana Infantry. Brevet Major John R. Myrick, U. S. A. Brevet Major P. S. Connor, U. S. A. Capt. John Corbin, 128th Indiana Infantry. Capt. Dwight Fraser, 128th Indiana Infantry. Major Francis E. Wolcott, Judge Advocate. How a Dead-Head Traveled fkom Zanesvllle to Columbus. The Zanesvilie Sianal gives the loiiowing numorous description oi a on the cars. A Zanesvilie man, 11 1 1 A being "flat oroKe, and wanting to go to L;oiumuus, con. eluded to " brass it," and .accordingly took a seat in a car on the Central Ohio railroad. The Signal thus describes the trip : The train had nearly reached Claypool's before the conductor, whom we shall call Jones, had reached our dead-head friend in his round of collecting tickets and fares. " Your ticket, if you please," said the conductor. " Haven't any," said the dead-head. "Where are you going?" inquired the conductor. "Columbus," replied the dead-head. " Two dollars and ten cents," said Jones. "Haven't nary a stamp," remarked 1 1 . 11 1 1- S 4 1 1 our deaa-neaa acquaintance. ' lou must pay your fare or get off the train," said the conductor. ' Stop her," quietly remarked the dead-head. The train was stopped, and he was left on the side of the road to await, ss he said, the next train, on which he succeeded in getting. The same scene transpired, ending by the dead-head telling the conductor to "stop her," and he being again left on the side of the road. Train after train was boarded, and each put him off a little nearer Columbus. The last train on which he got was that of our friend Jones, who was on his return trip from Bellaire to Columbus. Dead head got on his train at Pataskai, and was under full headway before being discovered by the con ductor. "Going to Columbus again, I suppose?" re marked Jones. "Haven't been there yet," said dead-head; "I can't get to ride more than six miles before they put me off. I don't think I'll get on more than one or two trains after your'n before Columbus will be the puttiner off place. " " Well, do you think we can carry you unless you pay your fare r inquired Jones. "Stop her, quietly remarked dead-head. Well, I do think, " said Jones, "of all the brassy individuals lever met, you are rather ahead of them all I'll take you there for your infernal impudence and noth ing else." And dead-head was carried into Col umbus on the same train he started on three days before. A shark would make a great mistake in swallow ing a couple of doctors. They would be sure not to agree upon his stomach. A paper may be sprightly without being savage, humorous without being vulgar, and sharp with out being scandalous. Ladies fret not over small losses. By such weak- i ness you will soon have that great loss, the loss of beauty, to fret over. Till: STATE DEBT. REPORT OF JOIXT STASiDIKG COMMITTEE Otf FINANCE. We publish both the majority and minority report of the joint standing committee on finance. The subjects discussed will interest all our rea ders, and will enable them to understand the legis lation upon the important matter of the public debt, in its progressive steps, through both branch es of the general assembly. We have heretofore spared neither expense nor labor, nor shall we in the future, to lay before our readers the more important papers submitted in the legislature, publishing them sometimes in ad vance of our Raleigh cotemporaries. The report we publish to-day, will be found we1! worthy the space we give to it, and will-do to lay by for future reference. The joint standing committee on finance, hav ing been instructed by a resolution of the general assembly, to enquire and report " what debts and obligations of the state, created or incurred du ring the rebellion are void, and what are not void, under the ordinance of the convention making void all debts of the state incurred in aid of the late rebellion," having had the same under con sideration, beg leave to submit the following re port: The convention, by an ordinance ratified the 19th Oct. 1805, declared and ordained by section 1, " That it shall be the duty of the general as sembly of the state, as soon as is practicable, to provide for the payment of all debts and obliga tions created or incurred by the state, otherwise than in aid of the late rebellion. " And by section 2, "that all debts and obliga tions created or incurred by the state in aid of the late rebellion, directly or indirectly, are void, and no general assembly of the state shall have power to assume or provide for the payment of the same or any portion thereof. The language of this ordinance admits of b one construction, and the great and only difficulty lies in its correct application. The convention failed to designate and declare what debts were incurred in aid of the rebellion and having imposed upon the general assembly the duty of providing for the payment of the valk" liabilities of the state, by clear implication impo 1 i 1 1 i 1 i sed upon tnis body the duty or ascertaining am declaring what debts and obligations were incur red in aid of the rebellion, within the meaning o the ordinance. In pursuing this enquiry, the indebtedness o the state may be divided into three classes: 1. Such debts as are clearly not war debts. 2. Such as are clearly war debts. 3. Such as are not clearly the one or the other. I. The first class embraces all the indebtedness of the state, created or incurred prior to the be ginning of hostilities and without having reference thereto, and likewise includes those bonds issued during the war for rail road and other purposes in performance of contracts and pledges of the state made prior to the war. This class of state debts consists of outstanding bonds and interest thereon, the aggregate total o which, to the 1st October, 1805, was $13,619,500. as will fully and m detail appear, by reference to the treasurer's report to the convention. This debt having been incurred previous to the war, (except some rail road bonds, which will be noti ced hereafter,) when there were no disturbing: causes to impair the credit of the state, it is the duty of an honest and faith-keeping people to make provision for its payment as early as prac ticable, and that without any reference to the or dinance of the convention enjoining that duty upon tne legislature. II. Debts created in aid of the rebellion. xnis second class oi state indebtedness was in curred between the first of January, 1801, and the first of May, 1805. Apart from the history of the times, showing how this debt was created and the purposes thereof, the titles of many of the acts anc ordinances creating the debt, set forth the hostile object of the law-makers: 1. The first was an act to provide for the pur chase of arms and amunuiitioii of war, ratified January, 18G1, and appropriating $300,000 2. An act to provide ways and means for the public defence, ratified May the eleventh, 1861, apprpriating therefor, to be raised by bonds, treasury notes and loans from the banks, 5,1)00,000 d. An act to provide ways ami means lor the public defence, ratified the 18th September, 18C1, appropriatig therefor, to be raised by the issue of treasury notes, 800,000 4. An ordinance to provide ways and means for the public defence, ratified 28th June, 18G1, and appropriating therefor, to be raised by the issue of bonds, treasurv notes, ar.d by loans from the banks, ?3,200,000 o. An ordinance authorizing tne treasurer to issue treasury notes for general purposes, and to purchase clothiny and supplies for troops, ratified December 1, lStil, to the amount of $3,000,000 u. An ordinance to provide tor assuming the Confederate tax, ratified 17th Feb., 1865, and to issue therefor treasury notes to the amount of $1 364,500 T i il m ,i iit a i it tnus appears irom tne titles ot these revenue acts, as well as from the body of them, that the debts and obHgations created thereby, were made in aid oi tne rebellion, and are tiiereiore declared to be void by the ordinance of the convention III. A Large number of revenue acts passed du ring the war, do not show by their titles, or in the body of them, any purpose of hostility to th federal government, viz : 1. An act to authorize the treasurer to i.ssue treasurv notes and bonds to fund the same. Ratified Sept. 20, 1861, $1,000,000 z. An ordinance to provide tor landing treasu ry notes, and to issue treasurv notes to the amount of $2,500,000. Ratified the 2Gth Feb., 1862, f 2,500,000 i. An ordinance to make mitner provision lor the public treasury, ratified 12th May, 18C2, and to issue m treasury nons, 52.000,000 1. An act ratified Dec. 20, 1802, authorizing the issue m treasury notes, M, 500,000 and to sen bonds to the amount or ?u,000,OO0 o. An act authorizing tne issue oi treasury notes to the amount of M00,000. llatitied Dec. 12, 18G3, 100,000 u. An act passcu r.itn uec, im.$, to provide against a possible deficiency of the public treasury, and to issue bonds and treasurv notes therefor, to the amount of ?2,000,000 7. An act, ratiried z&tn .nay, im,i, to supply wavs and means for the public treasurv, and to issue therefor, m treasury notes, $3,000,000 This latter class of acts and ordinances, just enumerated, do not snow by their title or other wise, any purpose to aid the rebellion, yet their true intent and character fully appear from other acts making specific appropriations for war purposes out of the fund tnus supplied to the treasury ; and it is well known, from the public history of the times, which we can recur to, in order to ascertain the true meat ing of statutes, that the funds thus raised, or the greater part thereof, were spent di rectly or indirectly in furtherance of the war. Another consideration enters into our judgment upon this class of debts and obligations of the state, which do not show upon their face any hostile purpose, ihe iunds thus raised, whether by bonds or treasury notes, or loans from the banks, were placed in a common treasury and paid out, under general or specific acts, for war or peace purposes, as the public exigency requir ed. They passed into general circulation and were incapable of being identified and distin guished. A large part of them was issued and paid out in aid of the rebellion, and the bad not beinfj capable of separation from the erood. tainted and vitiated the whole, according to ac knowledged principles of law. If a portion of this debt was created for legiti mate peace purposes, but in the disbursement be came so mixed and confounded with war debts as to be inseperable therefrom, then the whoo must be good or the whole must be bad. If they are bad, they are void, and this branch of our enquiry is at an end. li the whole are good, the ordi nance fails of its purpose. But a statute must be so construed as to give it effect and advance the remedy. Here the fault, if there be fault, is not in the ordinance, but in a system of legislation which created and put in circulation a currency without "ear mark " or token to distinguish the various purposes for which it was issued. The law cannot now supply the omission, therefore this large class of debts and obligations must be declared to be void. The total amount of the war debt created under the statutes above enume rated, liquidated and now outstanding, is $16,596, 485 in principal, with interest to the 1st October, lobo, as appears in detail from the treasurer's report to the convention. UNLIQUIDATED CLAIMS. There is a large amount of liabilities outstand ing against the state, arising out of contracts for military clothing, arms and other munitions of war ; for transportation, pay, salaries and wages of officers and employees in the military service of the state. Wc have no means of correctly es timating the total amount of these unliquidated claims. They will, probably, exceed two millions of dollars, (2,000,000.) This indebtedness having been incurred in the direct aid of the rebellion, is declared void by the ordinance. UNPAID SALARIES AND FEES OF CIVIL OFFICERS. The civil officers of the state, having taken an oath to support the Constitution of the Confede rate States, or without the oath, having engaged in the administration of laws enacted in aid of the rebellion, under a state government, arranged in armed hostility, (as a body politic,) to the gov ernment of the United States, the question arises whether these debts and obligations were incurred in the direct oi indirect aid of the rebellion, with in the words and siirit of the ordinance. To prevent anarchy, the state must have a civil gov ernment, without reference to a state of war or a state of peace. Where the officers of the civil government, whether state or county, were created before, or even during the war, for the legitimate purposes of a civil government, and without ref erence to a state of rebellion, the salaries and fees annexed thereto are valid, and this, although cer tain Confederate duties, in aid of the rebellion, are super-imposed upon the office or officer. For these duties are only collateral and accidental, and do not enter into the creation of the office or the salary annexed to it. The salary would be due to the incumbent without reference to the re bellion ; the officer might be punished for per forming duties incompatible with his allegiance, but the salary would still be due from the state. If the civil offices of the state had been vacated by the state of rebellion, by non-user, abandon ment, or by virtue of proclamations issued from time to time, during the war, by the president of the United States, such vacation would be a for feiture of the salary attached; but no question of that sort can arise here. The convention has rati fied all laws of the state and judicial proceedings of the courts, had and made during the war, when not incompatible with the allegiance due to the federal government; thus, by clear implication, at least recognizing the offices and the services of the incumbents. The committee is therefore of opinion, that .all arrearages of pay, salaries and fees of the civil officers of the state which accrued during the war and up to the beginning of the provisional gov ernment, are valid claims against the state, under the ordinance of the convention. Whether these claims shall be subject to the scale of depreciation of Confederate money, which may be established by the general assembly, does not fall within the province of the committee to decide, in this en quiry. The resolution under which we are acting, only requires the committee to declare what debts are void and what are not void. COUNTY BONDS AND OTHER LIABILITIES. Soon after the commencement of actual hostili ties, but prior to the ordinance of secession, to- wit, on the 11th May, 1861, the general assembly ratified an act "That the courts of pleas and quar ter sessions, a majority of the justices being pres ent, and the mayor and commissioners of incor porated cities and towns, shall have power to make appropriations of money and levy taxes to raise the same, for the purpose of raising, equipping and paying any police force which they may deem necessary for the protection of the citi zens or property of the city, town or county, and for the further purpose of rendering aid and sup port to the indigent families of persons engaged in the military service of the state, and to borrow money on the faith and credit of the city, town or county, and to issue certificates therefor, Under this act most of the early volunteers of the army were enlisted, clothed, equipped and provisioned by the several counties and corpora tions of the state. Carried away by the excite ment and enthusiasm which then prevailed through out the state, the counties and towns, in thus raising, equipping and transporting troops to the seat of war, at the expense of the counties and towns, transcended the authority vested in them by the legislature. For remedy whereof, the leg islature, by an act ratified the 20th September, 1801, enacted "That all acts and proceedings of county courts, for provisioning, equipping and transporting volunteers, or to reimburse individ uals who advanced means for that purpose, be, and the same are hereby legalized," and a majority, of the justices are empowered to "levy taxes for such purposes hereafter." Under these acts almost every county in the state has incurred a lame debt during the war. which is now outstanding, and evidenced by county aud corporation bonds anil certificates. The imjresrate amount of these liabilities will not fall short of 2,500,000. The first enquiry is, are these debts and obliga tions primarily due and owing by the counties and towns, also debts or obligations created or incurred by the state? In order to reach the answer to this inquiiy, it is necessary to follow the legislative history ot the period of the war. An ordinance, ratified the 8th June, 1861, created the board of claims, whose duty it was "to audit and settle," upon principles of equity and justice, au claims tnat may oe presented against I i ' . lit' i i j -i ,t the state tor exienses incurred towards the arming, equipping, subsistence and transpor tation of our volunteer troops, and of munitions of war, and lor bounty paid to said troops, either in the military or naval service of the state, and other expenses incurred in defence of the state, prior to the UOth Mav, lobl ; and all count) claims, and otner claims oi the character aloresaid, arising il i nil i since liUth May, lbbl, which are not provided for by law ; and no county or corporation claim shall be entertained by said board, unless the same shall be certified by the county trustee or chairman of the county court, or by the corporate authorities of any corporation, whence the claims may come. Subsequent ordinances of June 8th, 1861, and 28th June, 1861, enlarged the powers of this board, and extended its jurisdiction to the accounts of all agents and officers of the state, An ordinance of 26th February, 1862, author ises the towns of Wilmington, Newbern, Washing ton, or any other town, in like case, to erect de fensive works, and lay taxes and borrow money, ichich the state assumes to repay By an act of the general assembly, ratified De cember sessions, 1862, the office of auditor of pub tic accounts was created, whose duty it was " to re ceive, audit and adjust all accounts or claims against the state, arising out of teh military ser vice or in the civil administration of the govern ment." It was further provided, " that all claims that may be presented against the state for ex penses incurred for arming, equipping, subsis tence and transportation of troops, munitions of war, bounty paid to said troops, either in the mil itary or naval service of the state, and other ex- penses incurred in the public defence, shall be au- ury notes, issued at various times and under dif dited and settled by said auditor, upon principles ferent laws, and used indiscriminately in meeting ed to issue his warrant for the amount certified to I be due. An act ratified in February, 1863, trans- fers all the duties of the board of claims to the au- uiwr. i sy comparing the two acts before recited, au- . . - thorizing the counties, cities and towns to borrow money and lay taxes for the purpose of raising, equipping and transporting volunteers, with the acts and ordinances passed soon thereafter, crea ting a board of claims and the office of auditor. and prescribing the duties of such officers to be to uuuit ana setue tne claims oi counties and corpor- awons, ureateu ior sucn military purposes, it would seem clear that the state recognised all such debts and obligations thus incurred by her authoritv. as obligations of her own. which she was bound, in I goou iaitn, to pay. It is made a question by some, whether the or dinance of the convention operates to make void this class of state obligations. In this connection, and as bearing on the question now under examin- anon, it is proper to advert to the ordinance of loth Uctober, 1865, declaring what ordinances and laws are in force. By this ordinance it is declared 1"! O f oil lnnn r n A ...1 J 'it wv u una auu uiuuiauwjs iiuuiicuuipauuie wiui we uuegiance oi tne citizens oi the state to the government of the United States are in full force, 4 ' and all other of said ordinances and laws are here by declared to have been and to be null and void." The effect Of this ordinance is tf dpelarA void I ab initio, all the laws which authorized counties J rule of public morality or law. They may here and n frier taxea in aid of the rebellion. No tax can be levied on the citizen except by law ; no county, city or town can levy a tax on the citizen, nor borrow money and issue bonds therefor, unless empowered to do so by the legis lative branch of the government that is by a con stitutional law. If counties and other corpora tions incurred debts and issued bonds under a law which was void from the beginning, the question occurs whether bonds issued and debts contracted, by virtue of acts of the legislature which are nullities, and were from the beginning can be enforced between the parties before a legal tribunal? While it is unnecessary for this committee to de cide this question between counties and corpora tions and their creditors, which is one purely for the courts, it is the duty of the committee to de cide and declare whether these debts and obliga tions thus incurred by counties and corporations, as between them and the State, are null and void under the ordinance of the Convention. The foregoing inquiry leads the committee to the con clusion that they are not and can never constitute a valid claim against the State. While the committee will express no opinion on the right of the Convention to pronounce an irre versible judgment that a law, vesting rights in corporations and individuals acting under it, is incompatible with our allegiance to the United States and void, it would yet seem that the Con vention is clothed with all the political and civil power of the State, and a solemn adjudication of the Convention that all debts and obligations of the State, incurred directly or indirectly in aid of the rebellion are void, is binding on the legisla tive and judicial branches of the government, until reversed by the higher authority of the Su preme Court of the United States. The justice or policy of declaring void any part of the debts of the State does not enter into the inquiry imposed upon the committee, and they express no opinion thereon. In conclusion, the committee beg leave to sub mit the following preamble and resolutions, and respectfully recommend that they be adopted. By direction of the committee. W. T. BYNUM. RESOLUTIONS DECLARING WHAT DEIiTS ARE VAL ID AND NOT VALID UNDER THE ORDINANCE OF THE CONVETION. Whereas, The convention, by an ordinance ratified the 10th October, 1865, declared and or dained that all debts and obligations, created or incurred by the state in aid of the, late rebellion are void, and no general assembly of the state shall have xower to assume or provide for the pay ment of the same : and whereas, by the first sec tion of the same ordinance it is declared and or dained that it shall be the duty of the general assembly of the state, as soon as praeti cable, to provide for the payment of all debts and obliga tions created or incurred bv the state, otherwise than in aid of the late rebellion : and whereas, before providing for the payment of the debts and obligations of the state, it is necessary to ascertain and declare what debts and obligations of the state are void and what are not void, under the said ordinance ; I. Resolved, therefore, That all debts and obliga tions created or incurred by the state of North Carolina, by the issue of bonds, (except certain rail road bonds hereinafter named) treasury notes and loans from the banks and individuals, between the 20th day of May, 1861, and the 1st day of May, 1865, and now outstanding to the amount of $16, 506,485, as fully set forth in the treasurer's report to the convention of 1865, be, and the same are hereby declared to be void und-u the said ordi nance. II. Resolved, That all debts and obligations created or incurred by the state, between the 20th day of May, 1861, and the 1st day of May, 1865, for military clothing, arms and munitions of war, transportation, pay, salaries and wages of officers, agents and employees in the military service of the state, be, and the same are hereby declared to be void under the said ordinance. III. Resolved, That all the debts and obligations of the state, created or incurred prior to the 20th day of May, 1861, and consisting of bonds to the amount of $9,719,500, and the coupons due there upon not having been incurred in aid of the re bellion, be, and the same are delared to be valid, and the faith of the state is pledged to their pay ment by the said ordinance. IV. Resolved, That the following bonds issued for railroad purposes, since the 20th day of May, J 1861, to wit : for the Wilmington, Charlotte and Rutherford liailroad, $950,000 ; for the Chatham Railroad, $219,000; for the Western Railroad, $200,000 ; for the Western X. C. Railroad, $220, 000, are debts and obligations of the state, incur red not in aid of the rebellion, and are declared to be valid under said ordinance. V. Resolved, That the unpaid salaries and ar rearages of salaries and fees of the civil officers of the state, which accrued between the 20th day of May, 1861, and the 1st day of May, 1865, are debts and obligations of the state, incurred not in aid of the rebellion, and are valid under said ordinance. VI. Resolved, That the debts and obligations of all counties, towns and other corporations of the state, created or incurred between the 20th day of May, 1S61, and the 1st day of May, 1865, so far as they may be made the subject of claim against the state, be, and they are, declared to be void under the said ordinance. minority report ok .ioixt stanoi.vcj committee on finance. The undersigned, not concurring in the report presented on behalf of the majority of the com mittee on finance, in response to certain resolu tions in reference to the public debt, respectfully submit the reasons for their dissent. The ordinance of the convention distributes the obligations of the state into two classes ; tho one consisting of such as were " directly or indirectly created or incurred in aid of the late rebellion ;" the other consisting of all such as were not thus cre ated or incurred. Ihose belonging to the first class are declared void, and the general assembly is forbidden to assume or pay them. Those of the second class are recognised as binding upon the state, and it is made the duty of the general as sembly, as soon as it is "practicable, to provide for their payment." The report undertakes, practicably, to apply the rulej announced in the ordinance, and to assign every form of the public indebtedness to its pro per place in this division. As to a large part of this indebtedness, the assignment is made without difLcuty. Bonds issued before the war or after the war, in pursuance of laws previously enacted, to aid in tne construction of works of internal im provement, clearly subsist in full force, while such as were issued to raise means preparatory to. or in prosecution of, the impending war, are us evi dently invalid under the condemnation contained in the ordinance. But there is a large amount of the public liabilities, cannot upon any hist principle ne placed exclusively in either class. They consist largely in bonds for loans and trens- been employed in procuring supplies of Drovisions and salt for the use of the people : in pavins- ae- cruing interest on the public debt ; in defraying tne usual cnarees oi state frovernmenr nnri f. cj o V"VJ XVJX other proper expenditures, as well as in maintain- ing lumuiiy operations, anu ior ODiects more mi- t t i j-i -.i.-i - . mediately connected with the pendingwar. These securities, circulating as currency, and thus evi dently diffused amonr the people, contain neither upon their lace nor by reference to the acts war- .1 m Zr ranting their issue, any indication of an unlawful purpose, in this uncertainty the majority of the committee, associating all of them in one class, consign to the sweeping denunciations of their resolution, and Tirnnnnuce void all bonds. Tppnf certain railroad bonds. treasurv notes and lnnna from banks or individuals, issued for whatever purpose, between the 20th day of May, 1861, and tho 1st day of May, 1865. To this the undersign ed do not assent. In their opinion a present ina- bility to determine which of these are valid and which void, under the principle declared in the ordinance, may, and indeed does iustifv a post ponement of these claims for future consideration, 11 1. .1 X J. il. - 1 j oui noes uvi waimuh uicir lnaiscrixninate rejeo tion. Such of them as were given or paid out for law ful and proper objects, and just demand upon the state, which can be resisted neither under the iniunction of the nrdinnnA nor Tirrm qti-o- an-n-nA cannot, from such aa bear the taint of illegality, and if so, by tho very term. of the ordinance, must be paid in illustration, let a single case, not an impro bable one, be supposed. A creditor presents a coupon at the public treasury, and receives in sur rendering it, a package of treasury notes, which is kept unbroken and distinct from all other funds. This is made to appear on evidence of no ques tion. Will the state refuse to recognise the validi ty of these notes, and at the same time insist upon their effect in extinguishing the claim of interest? Or if the notes have been used in the payment of the salary of a civil officer, and can be fully identified, are they to be repudiated, and yet to be held to have performed the office of discharg ing the claim for public service? These and simi lar cases, which may arise, admonish us of the propriety of pausing before wre pronounce judg ment of general condemnation, became of our in ability from the information to be derived from the treasury department, to distinguish between those that are valid and those that aie void, of u class of public securities amounting to more than five million of dollars. Nor are the undersigned prepared to assent to the proposition, thfit all of tho unpaid salaries due to the officers of the civil departments for services rendered between the 20th day of May, 1801, and the first day of May 1865, constituted debts " not incurred in aid of the war." Unless this obligation bo imperative and one of strict right, it comes with no strong commenda tion of its claims to public favor. It is not tin fault of the state that any officer has failed to re ceive the full compensation to which he is enti tled. The same currency in which other creditors were paid the currency in general use was in the treasury amply sufficient to meet this demand also. Payment has not been made, simply he cause this currency, in many cases, would not be accepted. But does the claim entirely escape the condem nation of the ordinance, and did tho service out of which it arises, neither directly or indirectly, contribute to support the war ? The people of North Carolina were engaged in a struggle to establish an independent general government. The entire state government was arrayed in hostility to the authority of the United States. Through its agency and co-operation, a force of more than one hundred thousand men had been armed and sent into the field, a part of which was in its own service. Every officer in every department judicial, civil, and military had taken an oath to support tin constitution of the Confederate States, and to up hold the authority of the government which it had created. In his appropriate sphere of duty, every state officer is thus made to aid and abet in the work of revolution and of war. It is not easy to distinguish between claims for civil and military services rendered and directed to effect a common end the establishment of anew government upon any principle which will admit payment of one. and deny it to another. Tho undersigned do not construe the ordinance in regard to the public debt as undertaking to annul any part of its first obligations. It simply enunciates a rule of general law, whereby their validity is to be tested. Had repudiation been at tempted, the act would have been in direct con flict with tho federal constitution, and inopera tive under the clause which forbids a state to pass a law impairing the obligation of its own as well as private contracts. Nor will they assume to dis cuss the wisdom or propriety of the action of the convention in enacting the ordinance. But do not feel called upon to enlarge its operation to - jrc ywt hoovlv U'lt iin ltu tsritc op I itwrnimio- It is a question by no means free from doubt in our opinion, to what extent the taint of illegality, entering into the consideration of a security, trans ferable by endorsement or delivery, can be allow ed to follow and avoid it, in the hands of an in nocent holder, or whether in this respect a public differs from a private obligation. If such trans fer has the effect of creating a valid obligation, it is quite plain it cannot be impaired by any act of the state. But we do not desiro to pursue this in quiry further. The determination of this, and all other questions affecting the validity of claims against the state, properly belongs to the judicial branch of the government, and to that tribunal they must be submitted. We do not undertake to place the liabilities of the state upon tho same footing, as to tho rates in which they should 1 n redeemed. It is quite as competent, however, for the convention to apply the scaling process to its own as to private debts. It is simply our purpose to protest against their absolute and total rejec tion. With these views, we submit our conclusions upon the whole subject, in a series of proposi tions. 1st. The convention has not assumed to repudi ate or declare invalid any part of the subsisting obligations of the state. 2nd. The ordinance announces a rule of general law, effective without recognition, by which th public liability was to be determined. I5rd. A state, neither in convention or by legis lative action, is competent to annul or impair tin obligations of its own contracts, or the contracts of its citizens. 4th. The ordinance commands payment of the entire, public debt, not incurred in and of tin war. 5th. The convention possesses, and has exer cised, the power to prohibit payment of any dr maud upon tho state, void under the principh enunciated in the ordinance. 6th. Tho general assembly cannot, nor does public policy require, tho extension of the prohi bition to objects beyond tho limitation contained in the ordinance. 7th. Difficulties on applying tho rule do justify deferring, but do not justify or authorise tho in discriminate rejection of claims. 8th. The application of the rule, determining the validity of the public liabilities, is of judicial cognizance, and of legislative action only so far as is necessary to ascertain and rovidtt for their payment. W. X. II. SMITH, RICHT). G. COWPER. M. S. WIGGINS, JAS. C. HARPER, P. MURPHY, M. E. HOLMES, R. H. COWAN. Females are a great institution, more jealous of their rights than government officials. Enclosed in hoops, they very naturally iclixip whenever their rights are invaded. Their line of ffcht is principal Iv crinoline, and although in slays, they seldom ' at home. When abroad they' smile, joke and an cheerful, but at homo grimaces, gravity and angrv looks aro served up morning, noon and night. ' They always have so much to do, that they " never find time to do anything." Their home is not like Mrs. So and So's home. They are never fit to go to any place, because they have nothing to wear. Fifteen bonnets, all out of fashion ; dress es, " good enough, it is true," but then "I don't like them." And so it goes. Noble institution, ain't they? Great, glorious and free, First flower of the earth and first trouble we se e. More in that strain would do the subject justic but I have no Moore to suit. Their hair nowa days gives them more trouble than tho escape ot Stephens does the British government, or th Monroe doctrine does Maximilian. 7lV.s reside therein among the hairs unmolested. The tour ist loves to linger, watching with varied emotions of pleasure the Falls of Niagara or Minnehaha's beauties, but who fails to admire and dream about the waterfalls which are seen daily in the narlors. ball-rooms, and on the principal streets of cities. And why not? The difference is verv small on. falls over rocks and the other rocks her falls. Their waists are small and slender, like Snooks on a bender, always showing a waste of dry goods, but seldom a waste oi beans and pork. Their last work is Dicken's-son which reads very well, being on a new subject politics. Girls, beware of the impression that is gaining ground against you. The males don't want whalebono and cotton te take the place of nature just yet. Folio-Pout. Sir Charles Napier, the hero of the conquest Scinde, who was left terribly wounded on the field of Corunna in 1809, was reported as dead, and his name struck from the army list, his vacancy tilled, and his estate administered upon. Forty years afterwards, Sir Charles Napier, then a septuage narian, was the cliief of the British army in In dia, in the most active, successful and glorious campaign.