Richmond palladium. [volume] (Richmond, IA [i.e. Ind.]) 1839-1854, 1844-01-12

WASHINGTON HALL, Jan. 4tb, II

WAsHISGToN HALL, Jan. 4tb, 1914
Considerable portion OF this day has beer
thrown away in the discussion Of resolution
reported By q select committee, declaring tina
Mr. Woolman, member of tho House from
Gran, county, from an alIedged charge Of defaI
cation in tho Of the school fund Of said coun
~ of Grant is not entitled TO sea, in this House
because the constitution contains the following
secti on: mo person, who hereafter may be
collector, or holder Of public money, shnll have
scat in either house Of the general assembly un
iii such person shall have accounted, and pa
into tho trea sury, all sums for which he may b.
accountable" Tho evidence produced by tn,
committee was simply repor, from the Audto
of Grant county that said Wooman had failed T.
pay to his successor nbou, 800. Mr.
WooIman exhibited to the House two receipt
amounting TO $3.50, being for amount OF II
linois money he had loaned. to be returned il
good par funds. Al the time The money was
loaned il was below par, and The Office, Of Mr.
Wooman appears to have been merely to secure
tho school fund from loss by the depreci a lion
OF paper money then 10 his hands. On the NOR
ming Of the 5,h, however, Mr.. Wooman sent IL
his resignation, and has left here for home.
Tho bill Of the Senate, providing that the de
linqueni lists in certain counties shall be set VI
In said counties instead Of being published in
papers, was laid on the table, whero it will in OIL
probability sleep.
Tho bill Of the Senate, prohibiting the sale OF
sprituous liquors IN the town of Greensborough
Henry county, IN less quantities than ten gal.
Ions, except for mechanical, medicinal, or sacra
mental purposes, ordered 10 be engrossed
without amendment, and will probably pass and
become q law. Tho balance of the day was spe n,
in the discussion Of bill for the relief Of settlers
on Canal lands, without any definite action being
had thereon.
JANUARY 3, 1874
Tho House again proce eded to the considera
ton of tho BILL providing for the issue OF treasu-
ry notes, to dsfray the ordinary expenses Of the
government-the question being, the motion
ton Of Mr.. German, to lay said bill on the ta>
bic, which ...u...n d.a ~. prevail, ~yna ~ nnas
40.
Mr. Simonson moved that the bill be recon,
mitted to the committee Of Ways and Means
with instructions, that the Treasurer Of State be
authorized TO negotiate with tho Bank. or any
other monsyed institution or Individual, for loa n
Of bankabIe funds, or bank scrip. not exceeding
$4,000, upon terms not exceeding per cent, !;
and in case "a id negotiation cannot be effected
upon reasonable and just terms, said treasurer be
empowered 10 issue treasury warrants drawing
six per cent per annum for all dues from the
public treasury for the ensuing year.
Mr.. Bowles hoped, that the bill would not be
so re-commitied- There was prospect of Oh
timing any UGH loan from The Bank Gentle
men would not be compelled 10 take treasury
notes for their services; .hey can any Of them
procure treasury warrants
MIR, Parker was surprised, that the committee
Of Ways aud Means had not agreed upon some
propositions that they could unanimously present
TO this House, and prevent the whole subject
from being again thrown upon the considerat ion
of the body. He favored the proposition Of the
gentleman from Cla,k. he had agreed 10 an a.
mendment proposed by himself, that If good funds
could not be procured from tho Bank. that she
nigh. loan US Bank Scrip. lie referred TO the
opinion Of Albert GallatIn, expressed 10 a gem
teman OF this State, now no more, that Indiana
should avoid the further issue of treasury notes;
as this circulation had done mi IRE the
credit OF Indiana than any other CIrcumsta lance.
He trusted The motion might prevail, and that #
We did not ge, good funds from The Bank. we
might get the Bank Scrip, which would answer
our purposes.
Mr.. German opposed TO the motion 10 re-
commit. He had \ proposition which no would
offer. at the proper time providing for loan from
the Bank, and hyPothe ca ton vi treasury notes
which might DO used by tho Bank we
fail TO meet tbs loan IN good money. Mr.. Dunn
tho Treasurer, had calculated that we might de-
pend upon a, least $50 900 heing paid into the
treasury in good money. during the coming year.
He believed loan might DO negotiated if the
Bank were assured that The taxes would not be
reduced.
Mr.. Edmonson moved that such of the ins,ruc-
tons relates TO q loan Of Bank scrip be strck-
en- out.
Mr. Bowles said, he thought he saw dispo
s,ion on the part Of the geniman, to throw the |
State into the arms Of our friend. the Bank. That
institution, he believed, was entirely unable to
loan US q cent, unless she had some advantages.
which he was willing TO give her. The bank
had boon soanaged that were she TO issue
additional amount Of $4,000, she would entire
~ fail 10 meet her liabilities. He saw no differ
ence in orro~ing bank scrip or issuing treasury
notes.
Mr.. Read was a member Of the com mttee Of
ways and means and was preseat at the confer.
ence with the President Of the bank He saw
nothing Of a dicta ,orial character the part OF