The Caledonian. [volume] (St. Johnsbury, Vt.) 1837-1867, 1839-08-27
FACTS FOR THE PEOPLE.

fall. have examined the Journal of the House
and find some curious Developments.
It appears evident that the V. b. party at the
of the session under the im-
pression that the wing majority was so large that
thew (the whlgs) would go forward and would
charter such Banks as were necessary for the com
munitv without their aid They therefore formed
the plan of opposing them by throwing in various
resolutions and amendments which they knew
would not and could not be adopted in order that
with portion Of the people they could secure to
themselves and the party the credit of opposing
"monopolies" and trying to 're'orm' the curren-
cy. Contrary their expectations, they found the
wings too wary for the success of this plan The
yhig members were not disposed to be hasty in
chartering new Banks. Their principal solicitude
seemed to be to examine into the nature of Bank
ing with view to understand this difficult sub
iect and to enact wholesome general statutes
to prevent frauds and to secure Ehe soundness OF
the currency. few charters seemed to be ne
cessary and in those counties where the charters
of the old Banks about expiring. But even
here, far can discover, large portion OF the
wing members chose to delay action to future
period For a time, during the early part of the
session, it seems the Van Buron party went togeth-
er and almos: to n man voted for the specous res
pect that the wings would carry the vote for char
tering Banks without their assistance. When,
however, it was discovered that the wings would
do such thing, although they put down the silly
amendments proposed, it appears the Van Buren,
members, many of whom were interested directly
or indirectly the fate of the bills pending before
the house, and anxious for their passage, became
alarmed lest their Iavorite bills for Banks should
fail altogether. One Of these bills for the
charter of the Bank of Montpelier, located in a
strong Van Buren, county and identified with the
business Of many of the Van Buren, members and
| principal men of the party. The history of this
bill will afford some light upon the question how
far the Van Buren, party sincere in their profess
| sons for "Bank reform"
| On the 3Olh October, pending the question for
rechartering the Bank Of Montpelier, Mr. Boards
ley offered the following amendments Section Is.
at is hereby further enacted that the private proper
y Of tho individual StOekoider shall be holden for
tho payment Of the corporate debts, and any officer
holding any writ OF attachment gainst such cor
poration may serve tho same by attaching tho pro
perry of any individual stakeholder thereof, and
any officer holding any execution against said cor
poraton may proceed 20 levy the same upon the
private property of any individual stakeholder
thereof which property attached or attached or
levied upon shall be holden and disposed of in the
same manner as if said writ execution a
ganst said individual in his her private capaci.
ty- Provided that greater sum shall be collected
of any one individual stakeholder than amount
equal to the stock owned by such person.
Sec. II. ait is hereby further enacted that thu
Banking corporation and tho stockholders and cor
porators therein shall be subject fully to all the OBJ
legations and liabilities required by the provisions
OF the entitled act regulating the charterjn!
f of Banks passed Nov. 9, 1881"
Had the party been consistent in their professe,
desires for ''Bank REFORM, l not how they
, could have voted in the negative this PROPOSE
, ton which is essentially the same as had secured
their united support in the early part the session
; But circumstances had changed. One of their ia
vori,o Dc.cks was to be re6"artered and they were
unwilling TO shacklo 1t With provision which t":9,
knew must destroy it.
Accordingly the proposition was lost by the fol
, AYEs-Adams, of Marlboro, Atkins, Averili
Bean, Beardsey, Bellows Blake of Swantop
Bushnell, Butler, Chamberlain, Clark, Coress
Wilmington, Fisher of Acton, French of Bluns
wick, Gillet of Readsboro, Giet of Thetford
Goodrich Griswold, Hall, Haywood of SALISBURY
r Kidder, Luce Merrill, Minor, OF Dover, Moore Of
Farlee Perkins, Rich of Maidstone, Sawyer OF
Mooretown, Shattuck, Silver, Sleeper, Soule, Ste
Son WnsoM anHas a0"'
NAYs.-Adams of Brooklin, Adams of Crane
isle, Aldrich, Allen of Irasburgh Appleton, At
wood, Bacon, Bailey OF Elmore, Bayiey OF Pouit
ney, Bard Batcbelde-, Beebo, Bgelow, Blackmer
, Blake of Salem, BlakeIy, Blanchard, Bo,oman
$ Boutele, Bracket, Bradley, Brewer, Brooks Brown
Brace, Bucktin, Bufam, Bullock, Burlington
r Burroughs, Byngton, Carde, Chandler Chit
r tenden, CogswelI, Colby, Cole, Corbin, Cotton
!, Corse, Corey, Darling, Dean, Dinsmore, Dewey
: DatingAanu, Dodge, Doud, Dutton, Drury, Eames
a Eaton, Ellsworth, Fairbanks, Harrington, Field o
t Benson, Field of Springfield, Fisher of Waltham
Fisk Fletcher Flint, Foote, Forbes. Foster, Fosa
Frost of Wiilston, Fuller, Gay, Gilky, Gilman
a Goodae, Gowdy, Graoes, Grover, Harris, Harvey
Q Hastings, Haywood of Addison, Hazen of lburgh
j, Hazard, Hewett, Hubbard, Hill, Human, Holden
t Holt, Hopkins, Howe, Huntington, Huntoon
: Hutchinson, Jeaoett, Johnson, Kellogg, Reyes
j. Kingsbury, Knapp, Luke, Lance, Leavens, Leon
8 ard of Chttenden, Leonard of Glover, Lockwood
- Martin of Peacham, Martin ofUnderhill, .Maitocks
d Messer, Miner of Manchester, Morgan, Monlton
S Noyes, Onion Page, Pearsons, Pierce, Pines, rope
Q Porter, Raymond, Rice of Stratton, Rice of Dunn
i merston Rich of Shoreham, RICHARDSON, OF Fay
ston Richardson of Waitsfeld, Robbins, Robinson,
Of ford