Columbus Democrat. [volume] (Columbus, Miss.) 18??-18??, 1840-02-08
MIssIsSIPPI LEGIsLATTRE.
HOUSE OF REPRESENTATIVES.
MosDaY. Jan. 9Th, $50


tain parisof Tic iOuh section O: ihe Uniln Bauk
ehsr,er-fhe object Of which was To- remove tle
branch at Ripley 10 Ponioioc.
Mr.. Talber Of d. Soto, offered btll 10 tax
brokers.
Mr.. Evans Of Iowhlrs offered bdl asking an
amnesty f,r MAJ. 5. +. Buiierworh. and Gen ?.
NJ. Grant, exonorsing the parties from the penal
ties consequent upon dueliLg.
A bIll was read this morning reported IRON the
Senate, making It felony" for banks to issue more
paper than their charter specified. Tie bill was
referred to the Committee an Banks
A bill incorporating the Columbus Female Col
ege has passed the Senate aud received lis several
reading IN the House
The hour Of having arrived. the House tesolv-
ed Itself into committee Of the whole, on an q
mcndmeni to the gallon law, introduced by Mr..
Graves. Gen. Spcght, the more edectnaIy To
brag the House into immediate action upon the sub
Ject before them, offered an amendment to the
amendment of Mr.. Graves, which reduced the
question at once TO quart or gallon.-A long and
quite amusing discusson cnsued. Mr.. Graves let
some remarks slip which touched upon tile charac-
ter of the fair daughters Of the sunny south, ndu-
gng occasionally ~ the "swate crathur." lie
was taken IN Issk by Mr.. Roberts Of Scott, in
very warm eloquent speech. defending the ladies
from 70 odous q clsrge. Mr.. 6. apoloeised and
backed out of tho mattel in neat and beautiful
appeal to some doIen of tina sex, who had taken
sels within the bar early in the debate. The ques
ton was called and lost 40, 10. So the law stands
nualtsred. Evans and Bllups voting against the
reduction and Speisht Tor ii.
Tuesday, '2sth,
Several bills of a local auure passed this NOR
mug.
bill was introduced declaring the Oktbbeha
river naygable stream.
A resolution was offered to print 1000 copies of
the Bank Commissioner reporI--nst. Whereupon
a motion was made to print 500 COPIES which pre-
vailed.
A It'll has been reported from the Senate for the
suppression Of unauthorized banking, an act to
amend an act 10 the Gnnd Gulf r. X. and Bank
ing Company.
bill was received from the Senate, repeating the
law allowing banks to issue post notes-l clause in
the above bill made It'imprsonnent in the Peniien
tiary for term OF not more than ten years nor less
than 3, An amendment was Offered, 10 strike out
after the word it, 'and insert hang" IN amend
menl on an amendment, strike cut after the word il
and insert burn nj the stake" Ii was referred
TO the Committee on Blinking
tluon from the citizens of Marshall and Tippah,
praying To make new county, by geographical
division Of The above named counties Petition was
laid on the table.
The following resolutions were introduced
WhEREAS, the ptcuniary condition of our coun-
try, rs SUBJECT Of the most imposing magnitude,
and of the deepest interest to the people Of tins
State, demanding the exercise of wisdom, frmness
| honesty and patriotism, in those public functional
rles, upon whom levolves the duty of Ietlsaon, To
the end that the evils under which we labor may be
| corrected; And whereas, an expression OF opinion
/ nn the part oi the Legislature Of this State, with
regard to the causes OF the present evils, and the
remedies best calculated 10 correct them, seems Ia
be called for by every consideration Of public duty
| Therefore be il
| Resolved hy the Legislature of the State oil Mis-
sissippi, That in the opinion Of This Legislature
the great aud primary cause Of the prevailing EN-
barrassments, and pccunlary difficulties the coun
Try, 81" he lound IN excessive banking under the au
ihor'ty oil the general and STATE governments; thu
paper issues oy bank corporations, purportng TO b
lhc representatives. oil money in their very natur
tend TO the seduction of ndiys,uaI and national in
duSry, from lie natural and legitimate pursuits
converts honest enterprise into spirit OF wild spec
ulalion -engenders public aud individual cxiravi
Eance aud ooSness OF morals-cads to every spt
cles OF gambling, and begetS over-ac,ion in ever
y branch oi business. that these are melanchol
blShSol The present tunes, aud that they have keI
i pace WITH the increasing redundancy OF paper u
sues 1r several years past
Resolved, That Il is the duty Of The State M
. general governments, so Tar ms they possess the col
n stlluuonal power To provide remedy for tho
u evils, which have been fastened upon the count
Z by unwise and reckless legislation.
:, Resolved, That the necessary steps towards 4
attainment ct tins great erd are, LIST: That 4
n Legislature abstain from the Incorporation of Al
q other banks Cd: That where the banks in ex
cncc have violated their chartered privileges IcEi
= auvc W ether legal proceedings should be adopt
IL against them, to compel them 10 wind up their
- fairs, and 3jy That such limitations and restr
tons be imposed upon the powers Of III, rs the 81
" ty, the best interests and welfare OF the people s
Y, reqairo.
:, Resolved That The Independent Treasury S,
!" ten, recommended by the President Of the Uni
States 10 Congress, by which the mnneyed opc
is tons Of the Federal Government, are proposed
be entirely separated from the banks, and the rev
te pues coleo,od in coin, is the only measure within
o, competency OF Congress- to impose an eIleclua /
iraiht upon lnordinaie issues oil bank paper, TIA
" is contrary 10 the gen0s and policy of the Cove
re- ment that It's tevcnues should he used in aid Of &C
bo mercia, manufacturing, or any other privileged
tcrtstS, through the instrumentali,y Of banks,
the prejudice Of the agricultural and productive
TX tcrests; Therefore,
oe Resolved, That believing that the connection
the government with he banks, exerisa deleler,
rs influence upon the industry Of The State Of Mis-
RS sppI, this Legislature is OF opinion, that the In
=, pendent Treasury System, witt, the specie clau
~ should be adopted at the present session Of c,
greSS
Resolved, That our Senators in Congress be
er struced, and our Representatives requested 10
haet ,tla Al Nftk h.