The Litchfield County post., 1828-06-05

for reports respecting other banks are soon to be made, and the claims might be considered together. Because the agents of the stock holders of the Eagle Bank have abused the trust committed to them. lays no ground for any exclusive privileges. Suppose the agents of manufacturing company should prove unfaithful to their employers, would the com pany have any just claim for any special priv
 leges from the legislature This petition ought not to be in the way of others which have better claim.
 Mr. May could See no reason for laying on the table. This bill ought to stand OF fall by it's own merits.
 MT. Cleaveland thought the bill had ought to be disposed of; it was getting to be towards the close of the session. He wished not to give gentlemen any opportunity to make bar g0,ns. Motion to lay on the table lost.
 MT. Ingham said, MT. Hungerford's re- marks are directed more to the sympathies of this House than to their understandings; and proceeded in masterly manner to meet his argument step by step. He inquired if the people of New Haven were in want of more banking funds; proceeded to show that MT. IFS. comparison between this place and Hart hdSC 1ItlC lOICCs 1lC LI1GlI LAC principle of granting relief in this case. It is saying to such corporations go on as you please; but if you should happen to fail, ap- ply to us, and we will help you out of your difficulty. He continued who will be benefit ted by this new bank /? The poor, the wid- ows and orphans whose all was in the bank where will they obtain funds to buy new stock ! what advantage will it be to colleges, to religious societies, to the Saving Bank, whose funds were deposited here How will the holders of such an immense amount S75O,O0O)of Eagle Bank notes be benefited! To whom then will this bank be privilege? to the rich only.
 MT. Kimberly lone of the committee) said he cared not for himself or the city which he represents: he wished the public who had been injured, should receive the benefit of this bank. He wished this bill to stand on its own merits; was not disposed to iong-roN with a. ny man. He then took the ground that this city wants more capital. Merchants when pressed are obliged to resort to banks abroad. He then alluded to the great saving of fexpense to the public, to all who are concerned with the Eagle Bank, by having the agency trans ferred to this new bank. He then proceeded to exculpate the directors from bla me for the failure of the bank. The only means they had of ascertaining the state of the bank was from the books. On the bill book, where the amount and all the particulars of the bills, the impressions, marks, &c. are registered, there was at the time of the failure about $40. 900 in Post Notes in circulation, when in fact, as the managers have since discovered, there was S720.OOO.. It is rule that the names &c. of those who wish to discount shall be present. ed to the directors: but J. & D. Hinsdales' names appear only for about S4OOO. Dex- ter and Holiy's names are no where found. Funds were placed in their hands not as debt ors, but as brokers. Under these sircumstan- ces how could the directors know the situa- tiOn of the bank?
 Mr. Cone moved for the yeas and nays, motion lost. Bill rejected by great major ity.
 CThe Senate have since passed vote to continue the petition to the next session, and the House concurred by a vote of go to 54.)
 Bill recognising County courts. MT. Nc Curdy stated at some length, the many ad- of the bill in producing uniformity of decision; in making it an object for man well qualified to accept the appointment of Chief Judge; thus added to the respec tabili- " of the Courts. restoring public confidence To them. and in great measure preventing appeals.
 Mir. s. Raymond said, these Courts may be made respectable by placing the proper men Tn the office; and to remedy the want of con- hdence in them or to proven: the common ap- peals to the Superior Courts is to make such appeals more difficult. So long as appeals can so easily be had they will be made. Bill lost. Judges of the County Courts of the coun- ties of Hartford, New-Haven, Fairfield, L,tch- field, MiIdlesex and Holland, re-appointed.
 Tho. Mather appointed director of Middle town Bank on the part of the State.
 Tuesday, May 97.
 Committee on Levies--Messrs. Eaton, lngham. and Kibhe.&
 Bill incorporating the Rock manufacturing Vernon, passed.
 Bills respecting lotteries introduced by the Committee. subjecting dealers of foreign lot tery tickets to penalty of twenty dollars for the first offence, and $50 and imprisonment not exceeding six months for the second, read second and third times. MT. c. P. Hunting lon presented a memorial from the mect anics Society in Norwich, which was read. The bill provides that persons now having licens- es may sell till those licenses expire.
 MT. J. w. Huntington introduced an a. mendment to revoke licenses already grant ed by refunding the proportional part for the license.
 Mir. Eaton was aware of the evils connect ed with lotteries, but the amendment is going tOO far. nnalers had ,,oado %ho:, .u.o..o