Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1842-12-27

stable those States is found in the fact tina, the
landed interest IS protected contemplated IN his
amendment. lie combatted the III a that law Of
this kind unconstitutional. and said he vas pre-
pared 10 prove, By the highest author ties cxtant,
that n provision Of this kind was constitutional.
This amendment was lost a well as others On
the ground that the committee being selected from
different parts othe State should not be tfammelei
in It's deliberations
Mr. German moved 10 instruct the committee by
inserting that E" at the expiration Of such stay Of
two years. the property OF the defendant If levied
upon shall sell Tor lees than three fouftAs Of its
fair appraised value Not adopted.
Mr. Myers moved 10 amend. that at the cad or
the stay of execution. no property be sold for less
than it, full value Not adopted.
Mr.. Bradley moved instructions, "to EXEMPT
from the operation Of the law. all judgments FOR pub
lie funds, in fa-or of the State or the State Bank
and against any public officer" Mt adopted
The House nov. according to order resolved itself
INTO committee Of the whole, the bill of tic House
providing that treasury notes shall be receivable for
ali State and county dues, trust funds, 81, Mr.
Hills IN the chair.
Mr.. Edwards moved to strike out 50 ..uch of the
b! as makes treasury notes receivable f,f unity
dues
VI. Henley addressed The committee at can s.dcr
able length. lie urged that large amounts Of these
notes were in ihe hands Of brokers aud -aecuators
lie sald some individuals had fson slnO 600 20 Sl51
900 IN possession. II we raise the value Of these
notes too rapidly, the holders If these notes. beng
confined, mainly, To few individuals would hold
them back from circulation. lie in favor Of
those having interest in trust fuds to pay, to
have some OF the Advantages OF the law That the
treasury notes. by different course, would come p
value gradually, aud would very soon be received
for county dues rs well as for every thing else.
Many Of the present holders Of our treasury notes
had purchased them up at from 30 10 60 per cent.
discount. lie opposed To at once leg stating
this immense profit into the hands Of the present
holders OF the notes. Ii the committee would strike
out this provision, he would cheeriay 60 for the
bill.
Mr.. Foulke would prefer having the provision
relative e. State dues trust funds DC stricken out
rather than the provision making these funds re
celvabie Cor county dues
Mr. Shoup saw The subject in different light
from the gentleman from Clark. lie cared not IN
whose hands the notes now were. Ii we made them
receivable Tor county dues they would be paid "a
day aud out to-morrcy. 1t would not absorb them
go as To Withdraw them from circulation.
Mr. Edwards supported the motion las had made
at considerable length Brokers and others, ga l.lu
svllle and the neighboring cities IL other states
had stacks and cords OF these notes IN possession
and he was opposed 10 lcslslliIng money mo then
pockets.
Mr.. Tevis supported the bill IN its present shape
lie SAID the people of his county were unable II
pay their county taxes Ia any other currency. Ih'
collector of his county, on applying to farmer !o
the county revenue, told. that unless he tool
treasury notes. Ec had nothing better than a tw
year old calf To give him. Ii be chose, he ..ns'
take that and place j. the county treasrry.
Mcssrs. Rich, Matheny, Fln5.e, aad Brown o
" continued the discussion N opposition Il str,k-
ing the provision making the notes receivable
for county dues.
Mr. Marvin favored the amendment. and con
cluded a speech IF considerable length, go the stron.
and phatc language, that he oppo-ed tie reception
Of these notes Cor county dues and he dd not know
but he would oppose the whole ID posse OF th'
bill. In answer 10 an enquiry OF Mr. Brown Of VI
whether his predecessor not particularly favor
able TO treasury notes he said he would let iA, g'u
tlemen know that he was not Of the same stripe Wit
his illustrous predecessor.
The committee now rose AID reported the bi I
the House, with two amendments, which va
adopted.
SIR Bradley moved - amend the section in reli
ton % the reception OF treasury notes by the coun
ties, 80 that the question as To the reception sha
be r, f,rred 10 the people at the August election.
III. lsOn now moved the previous question
whici being seconded, the main question was OF
dered 10 be taken.
The main question to wit Shall the bill be on
crossed for a third reading the question was take
and decided in the affirmative, ayes 60, noes -
so said bill was ordered 10 be cngrossed
Orders Of The drg-Several bills were ad sc
cond time and appropriately disposed Of
The Joint resolution in relation t. portion OF on
late tariff, instructing our Senators aud requestin
our Representatives TO procure n repeal oi 80 'nuc
of our late tariff law, imposes duty on salt an
all other absolute nccessarics OF life, read
cond time; when
Mr. German moved To refer said resolution IN
select committee with Instructions 20 procure su.
n revision of the late tariff law, a J. recommcnds
by President Tyler in his late message.
Mr. Bradley moved TO lay thc JOINT resolution
the table but before the question was taken Their
The House adjourned