The spirit of the age. [volume] (Woodstock, Vt.) 1840-1844, 1841-08-20

from the Journals will perhaps hes, show the par,
taken by Mr. Smile.
Wednesday, Nov. Sd, o'clock, A. M.
| The bill, entitled San act extending the time,
and continuing in force for limited period, an act
to incorporate the president directors and company
of the Bank of WINDSOR was called IN.
Mr. Galusha moved to amend the BILL by adding
at the end of the third section, as amended on mo-
ton of Mr. Collamer on the LIST inst, the following
words, viz on all stock owned within this State,
and 10 per cent of said profits on all stock without
this State-and the question being taken, was de-
cded in the affirmative.
Mr. Smile moved to amend ire same by adding
an additional section, as follows:
Sec. s. II is hereby further enacted that the pri-
vate property of the stockholders shall be holden
at all times and places for the payments of the bills
issued by said corporation.
Mr. Brown, of Worcester, moved that said bill
lie on the table.
And the question being put was decided in the
negative; and the question REQUIRED on the motion
of Mr. Smile TO amend said bill, and on the ques-
ton, shall the bill be amended us proposed it
passed in the affirmative.
The question was then stated, shall the bill be
read a second time when motion was made by
Mr. Follett that said bill lie on the table; and the
question being put was decided in the negative.-
And the question REQUIRED shall the bill he read
second time J and being taken, was determined in
the Affirmative; and it was read the second time.
Ordered that it be engrossed aud read third time.
Thursday, Nov. 4, 0 O'Clock, A. NJ.
Mr. Steele moved to reconsider the vote taken
yesterday on motion Of Smile, amending the bill
entitled an act for extending the time, and connu-
ing in force for limited period, an act to incorpo-
tho o.l r a.
Bank Of Windsor, MS stated on the Journal of yes
terday; and the question was stated, will the House
reconsider their said vole'
Upon which question debate arose, and before
the question was taken the Governor and Council
and House of Representatives met, &c.
2o'clock, p. NJ.
The House resumed the consideration of the
motion of Mr. Steele to reconsider the vote taken
Yesterday, on motion of Mr. Smile, amending the
bill entitled an act extending the time and contnu-
Ing in force for II limited period, an act to ncor-
porate the president directors and COMPANY of the
Bank of Windsor, as stated on the journal of YES
terday, which was pending at the adjournment in
the forenoon. And the question was again stated,
will the House reconsider the said vote
II was determined in the affirmative, and on the
Qncslo" shall the amendment proposed by MIR Smi-
lie he adopted lit passed in the negalive!!
In 1881, Mr. Smile introduced an act regulating
the chor,ering Of Banks, which after various modi-
fcatons resulted in the Safciu Fund Susicm. This
was intended to bring about Mr. Smiles grand oh
jec, the security of the bill holder, and though
stopping far short Of what he always wished to ac-
complsh, yet it was better than nothing.
In 1884, Mr. Smile introduced bill to prohbi,
the circulation Of small bills, for the purpose of
bringing more specie into the State, and rendering
the currency more secure and stable. The same
year he introduced bill, the object of which was
10 tax bank stock owned by non-residens of the
State, which passed. In every instance while he
was II member of the House, he eyerted himself to
prevent corporations from obtaining undue advan-
,age over the people, and TO cquaze taxation.
The three years Mr. S. was in the Senate, we
find his name recorded, on all occasions, against
comforting Irresponsible power. We make few
extract from the Journal of ls37-'38.
Tuesday, Oct. "a.
The Senate took mp the bill entitled, "an act
Incorporating the Springfield paper company
Mr. Smile moved that the bill be committed to
member for the purpose of receiving the follow
ing amendment;
Sec. II. The several stockholders shall be hol-
den in their individual capacity for the payment of
all debts contracted by the corporation.
Tuesday, Oct 80, 1888.
The Senate resumed the consideration of the bill
to rc-charter the Bank Of Caledonia.
Mr. Smile moved that said bill be committed to
member for the purpose of being amended by
adding the following sections:
Bel further enaciei, That the private property
of the stockholders shall be holden TO redeem all
bills issued by the corporation.
BE il further enacted, That any stakeholder in
said corporation shall be at liberty, at the expra-
ton Of the charter in this act mentioned, 10 with
draw from said corporation; and upon such with
drawal said corporation shall pay such stakeholder
for his share of capital stock, an amount equal 10
the first cost of said stock
Thus it will be seen, that through oil Mr SMILES
services as public man, he has been the s,eadlasl
friend Of the people. lie is the father of Banking
Reform in the State, and the man who first raised
his voice against partial legislation and privileged
monopolies.
In February, 1899, democratic convention as
sembled at Middebury, nominated Mr. Smile as
candidate for Governor, and such was his popu-
lari,y with the bone and muscle of the State that,
although the year before the federal candidate had
been elected by about six thousand majority Mr.
s. was beaten by little over two thousand, and
the democratic vote increased from 10, 1874 to 22,-
25l! Under his banner the democrats gained that
year in the House from serenty-three 10 ONE
HUNDRED AND NINE.1
( In 1910, Mr. Smile having declined being a can
didate for Governor was elected TO the Legislature
from Cambridge For n part of his course that
year, in this weeks Age his resolution in favor
of farmers and mechanics
We do not claim for him that he has been edu-
Gated in all the sophisiries and chicaneres of the
bar; we do not claim for him that he has learned
in the halls ef Congress to waste the money Of the
people in long speeches during the day. and in the
night to waste his own money in debauchery; bu,