Boon's Lick times. [volume] (Fayette, Mo.) 1840-1848, 1840-11-28
No. 3 2.

hlOn mas Deen obtained, ms 10 the character OF th
Soil, and the formation and arrangement Of tic
rocks. The existence Of deposies of coal, and a
very general diffusion Of ores of lead and iron ha,
been also ascertained with certainty.
a sectional map of the State faithfully copied from
the surveys made by the general government, in the
course OF construction, which when completed, will
not only he OF great value to citizen, but will also
afford to the legislature in its legislation upon
ana Improvements, and in its arrangement of counties
the means of correct and definite information.
teel J. my duty to call your attention the course
pursued by various Insurance Companies in the city
OF IT. Louis that have been chartered BY the legsia.
tsre. IT am correctly informed (of which enter
tain no doubt whatcver) they have been engaged in
every rnmltcatiOn of the system of banking with the
exception OF issuing circulating medium Although
the power 10 issue circulating medium Of their
for Which they could be held responsible has not been
granted to them, still they srcse the privilege Of
circulating the notes ri fore On banks to as iull an
tent if theY the legally established AGENCIES
OF these institutions, thus flooding the country with
irredeemable currency for the liquidation Of VIII
they are IN no wise responsible. to the great Peril Of
the innocent holders OF this paper, and in opposition
the interests of the only Constitutional corporation
which exercise banking privileges within our lin
its and in which the public funds are so largely inves
TED.
Under our constitution there can be hut ore ban
king CONF any and its branches established in tins
State, 10 be in operation n the same time and the
Stnte must own at least mOlCtv OF the capital stock.
The legislature in chartering the various Insurance
Companies sedulously avoided extending 10 them
banking privileges. Notwth standing this precau-
ton on the part OF the legislature these companies
have been carrying on an extensive system OF bank
iGg contrary ia my opinion the true inteat and
sprt of their charters Should the epis arc in gran
those charters have overlooked suffered proyi-
siuls to creep into them under color OF which they
have assumed the exercise OF powers not intended 10
be granted and in violation Of the true intent and
meaning of the constitution, then il becomes yaur
duty remedy the evil as speedily possible. To
this end ! would recommend the appointment OF a
committee, clothed with authority to make thorough
examination whether the letter OF the constitution and
the spirit of their charters has been thus violated
The nunher of new counties which will p.obably
be Organized during YOUR present session will in al.
probability render il necessary to establish an addl-
tiuna judicial circuit in the southern an! souh-wes-
TERN part OF the State The Judges Of those cir
cults have ~ travel extensive territory thar
the, have but little time devote the examination
OF authorities bearing upon the cases before them
Their Compensation too is very inadequate and II
would seem tome reasonable that they should not be
compelled to expcAi the small pttance they receive
in liludaiing tlcIr travelling expenses this su5j"c
Is M rcivTy recommended ~ your favorable cgnslde-
! r,,;n,.
f. 81 ,,v.,'r orain c,No, uyo, yv n sense Of nj,
co,s ufipnai G,ity and a conviction IT'S advanta
Jaol,s nolic, 10 r,c..rnnl,ud coucer,ra,ya at the
SIT F r,v.-np,an- oith, Supreme Cour. f. Is o:
IN. utmost inyortnna 10 the community that the De.
c;s;1, NJ ,,r ,-hunai rom which theris M an,eal
/ .houlI no cplirhicn.d ard speedly c;tIiis-d I'M,
subject MIS- SUGGESTED 10 the General As.Dmh, IN
and ll,y was MISSED or,y. dr. :,
,h nnl,;r,f.o of ne decisions n one naw:,,~1 IN
enc'I judicial ai.,ygt The decisions IS. yer IL Ter
Ms lnyy c,rc1,,.cd il, shane sope..haIe andlo
an yr,I . r;,r,it,d ~ 20 render the relief 5ui pq-t;l
ltias Inn, been mater Of compliant that the ppb
Hc,Ii, ana dIs.ribnon Of the decisions of t'. Fri
mi are dra,c =, lor thlt II Is nearly year len
the rendition nf .c opinion before he 6r,ncipgs TIA:
II has d.r,Irf .r.. sci, ,,l,y known Tiisis nee,
sary attended wir9 ...tat ueonvcnirnce. oxces.ig.
eyuen,e and d.,ay iuscn to the partics Interest,
Ia addition 10 tins rhe decisions now correctly So
r 49,, ..,,. m IND t., ,ie ,.,Ys,,,.-s are
NOT s,,It,i TO-, correction 10 the supern,rnletee ot
! ony c1rnerrnt person, and are issued hrsiDy anu
.;!l,,. T. ,,,, - ,,,,,,.;.,, .f,;. s..,IJ - no