Carroll free press. [volume] (Carrollton [Ohio]) 1834-1861, 1836-02-26
oflhe Office of;Secre'sry of State.
,NDAY February Is

lin OF Morgan, IN the chair.
Mr. Patterson moved its recommit-
meut to the Judiciary committee.
Mr. Mediluthought it mol the usual
course 10 refer bills Cmauating from
one standing committee TO another.
The bill came from the committee on
Banks, whose members as to compe,
Iency and a proper understanding Of
the subject, were certainly equal 10
any in lhe House.
The motion to recommit was lost.
A motion Of Mr. Coulter to lay the
bill or The table was disagreed to.
Mr. MediIl stated his sentiments at
length in relation to the principles
contained ia the bill. There seem ed
TO be no qnestoS as TO the propriety
OF the measure proposed to be Effected
by The bill, The only question was
as 10 the right Of the legislature 10 the
case. But the bill did not raise the
question vested rights; Banks were
permitted 10 issue notes of what de.
nomination. their charters did not de-
clare; those under one dollar were ex
pressly prohIbite'Ii by construction, il
was cOntended that what was not pro.
hibiled, was granted, and consequent.
ly that this would be dcprlving these
corporations Of lheirvested rights; but
all corporarionsreceivedthe their charters
subject TO those restrictions and mod,
lfcatons wbich -s4bserve the pliblic
good. Private property is always
subseryentlo the public welfare, -
was that Of corporations more sacred
that it could not be touched? Were
these rights more vested than those TO
property which man acquires BY his
labor, or inherits from his ances' or$,
and which are guaranteed 10 him by
the laws of his country; yet a law
could he made to take away this prop
erly, and use his labor, and we can
not say gentlemen, touch these rights
which we have granted 10 corpora
lions,
After the argument was continued
for some fine,
Mr Patterson replied lie hoped
no course would be taken, calculated tc
bring The legislative authority init
dsrepute. lie was IN favor Of ascer
'aining the. rights Of both parties, o
ha1iog even handed justice done.
Mr. Lowry raoved to srike out
that portion Of the bill which prohibit:
after the year 1887, the circulation oI
bills Of any denomination between five
and ten. dollars: which was disagreed
10, ......
MIR Lyman said he could not sup
port the bill in its present form. lie
believed the legislature could TAX e
,,righ!s from corporations, as well a:
from individuals. BuI the consiitu
lioprrQ uirts that when. the genera
4 wolfaro renders nrc 'ssary the Conver
sion Of private property 10 public uses
an .ad, gna'e compensation shall bt
given. It a provision in compliance
with this principle were to be inserted
he would readily vote for il but no
otherwise.
. Mr. Smith proposed That The bill b.
recommitled 10 The committee wht
reported it, with instructions to inser
a provision, making compensation foj
damages to banks, required 10 surren
| der any of their corpOraredp privileges
This was ncSalivcd by the follow
ing vote;
YEAS--Messrs, Allen, BentIy, Bost
wick, Champlin, Creed, Godmln, IloI
cumb, Lowry, LYMAN, Matthews MD,
naId, Morrow, Morris, Patterson, Robin
s1n, Spraguc, Saith, rcyIor Of Gu4rnse,
Walton, and Wcton-20.
n NAYS-Messrs Armstrong, Ankeny
, Baldwin, Blackburn Of CoIumhiana
Blackburn of Stark, Brown, Butler
Chambers, Craighlll, Conchn Of HnmiI
ton. ConkIn OF Morgan, Outright, CouI
ter, Gushing, De Wolf, Eoy@rt, Farau
Ford, Gamble, Hathaway, Ilosbrook
IIough, Hubbard, Hunt, Knapp l.uta
McdHl McMeai MdIer Of Lawrence, Mi
Ter of Wayne, Porter, q unn, Read. Rcec
Robbins, SAVIOR, StabIeton. Sidger, ST
: vcrs. Utter, Van Hook, Whltmore an
Speuker--R
j The question being on ordering th
e bill to be cngrossed lorjls third readiu
/. aud final passage on to morrow,
c Mr. Boslwick took the Aoor and spoE
r in opposition to the biL attacking in d
e tai the positions taken by lis advocate
until tho House adjourned.
n THE UNITED STATES AND
n FRANCE.
. With feelings of Joy and grsIitud
Y e