Boon's Lick times. [volume] (Fayette, Mo.) 1840-1848, 1842-12-10

mud--A grand party and q great many
"dotngs" Of q general nature.
JEFFERSON Cry,
Monday. Dec. 5th, 1912.
MeSsrs. Benson & GREEN:-I arrived
here to-day, late in the evening; too late
TO hear, in proper person, very exciting
and fiery debate between the prominent
members Of the Loco Foco party in re.
gard 10 the election of President of the
Bank of ST. Louis. The Senate and House
were, for this purpose, in joint meeting, in
the Hall of the latter, and from what
learn since my arrival, great excitement
and some bad feeling Pervaded the election
there having been a number of aspirants
and the friends of all warm in support Of
their favorie. The "Fayette Clique" were
in favor of DR.. PENN, of Saline, but find
ing there was no hope of his election, a
regular nomination, believe. of his name
was not made. After much wandering
and passionate discussion between the Locos
(for the Wings have observed a prudent
slence) the vote was tahen--FERDINAND
KENNETT and CHARLES CAMPBELL, being
the candidates. The former was elected
by large majority and the Legislature
took a recess till morning.
TUESDAY, Dec. 9Th.
The Legislature again met this morning
in the Committee Of the whole, IN the Hall
of the House of Representatives, for the
purpose of elec,ing ten directors Of the
Bank. In doing this the whole day has
been consumed; there having been, during
the time, numberless speeches and nomina-
tons made. Those who participated prom
inently in the speechmaking to-day, if
speech,making it can properly be called.
were MONROE of Morgan, HuDsoN of 81.
Louis, DR.. SCoTT of Howard, and You've
Of La Fayette. Much empty denunciation
was INDUCED in, and particularly by Mr..
MONROE, against ihas PARTON of the old
Directory who voted for the famous 10Th
Nov. resolutions, which authorised the Bank
to deal in the notes of non-specie paying
banks of other States.
Just al night-fall the election closed; the
following gentlemen (4N Locos, but one,
Mr.. CuRlsrY) having been elected Direc-
tors for the next two years: Mcssrs. WALSH,
SuBLETrE, CAMPBELL, DENT, BARNS, Nc
DEARMoN, ENGLERoD, KERcHEvILLE, Hon
me and CHRIsTY.
Tomorrow morning the Assembly will
proceed to the election Of the officers of
the Branch Banks. DR.. Lowry Of yoar
county, is Of course. a candidate for the
Presidency of the B.anch in Fayette, but
whether he will be elected or not is YET
hidden in the bosom Of the future; for,
understand a young gentleman Of your
place, by the name Of FISK. will be put in
nomination against him. Mr.. Fisk is here
and from the assiduity aud Penncss with
which he is e.cctiDnecring, connected with
the ability he displayed and fame he &C.
quired in an argument delivered some time
ago before the District Court, on the un-
constitutionality Of the Bankrupt Law, /
doubt not he deems his prospects Of success
very fattering. Whether, however, per-
son apparently so young, notwithstanding
his known ability, can defeat the old &C
knowledged leader of the "Fayette Clique
is yet problematical. But tomorrow will
tell.
There are number of important meas
ures before the Legislature, among which
are at least half dozen different plans OF
"relief." The system Of valuing property
under execution (now in vogue in Illinois,
and granting a stay thereon for two years
unless it will sell for two.thirds of its ap-
praised value, and also bill for essening
the number of the terms Of the Circuit and
Justices contemplating that the former
shall sit half-yssrly and the latter every
three months are upon the table for con.
sideration. The Legislature Of Tennessee
a, its recent session adopted the latter sys,