Iowa territorial gazette and advertiser. [volume] (Burlington, Iowa Territory [Iowa]) 1840-1846, 1844-11-02

OF spENH9YLvANIA.
rrocee1tngs u the Couventfon. I
Iowa CirY, Der. Fl, 1914.
Ar. Fletcher, from The committee on
sssts Revenue, submitted . report this
nos1eng, IN relstion to the mode Of levyine
b taxes which will be necessary to the j
import Of he government, and also deiin- !
NJ the salaries 10 be paid to the State off, |
ssss. The report recc~mcnds that the
sl.sy ofthe Governor be fixed at $lOtO;
he Secretary At $500; the Treasurer at
800; the Audi or at 800; Superiniead-
esk Of Public instruction 500; The Judges
e.eA 1t $500, SC.
The report Of the committee on corpora.
lions came up in its order as part of the un-
hnished business Of Saturday. Mr.. Chap
man moved, as an amendment, to strike chi
~ afier the FIRST section. The effect Of thi.
motion, had il prevailed, would have been
% destroy Ill constitutional restriction upon
Hanks, and. with the except n Of requir-
ing charters to be submitted to q vote Of
The people before going. into operation,
would have left the'whole subject in the
hands Of dhe Legislature, as heretofc,e-
IAe question gave rise to the most interest
'ng discussion Of the session, which occu-
P'sd The entire day, and die convention .d-
journed without taking vote upon the re-
psst' but not without rejecting, by very
large majority, Mr.. Chapman's amendment.
kessrs. Chapman, Cook. Sells and Hawk
lns, spoke in favor Of striking out, and
Messrs- Grant, Hall, Qumton, Ripley,
Peck, Fletcher and Lucas, in opposition to
4. 4 was maintained, generally, BY the gen.
slcmen who supported the amendment, that
the restrictions and prohibitions imposed
in the reFort were in themselves improper
and that il was, out Of place to introduce
then into the cocsti-ztion. The friends o,
the report, ON the other hands, defended it.
provisions on the ground that the expert.
ence Of the past proved the necessity o.
imPcsing the severest guards and limita.
lions upon banking, and also because of tn.
wen known fact, that large majority o.
the members ofthe convention were elected
by the people pledged either in favor D
rrshbiiing banks entirely, or, as the mex,
best security against repetition Of tn.
abuses Of banking, in favor Of the restric.
lions reported BY the committee.
The discussion on this subject is now
supposed to Be over, and the question will
prsbsbly be taken early after the meetina
q the Convention tomorrow. Whatever
other amendments may be agreed upon,
think you nay rest assured that banking
Institutions win not be permitted to exist in
Iowa, under the constitution, except unde,
the 6llowing conditions: lst-all charters
before going into operation, to be approved
ct By : majority Of the qualified votes o
TIE Staie. 2d-the Stockholders to be res.
pansibae. Individually and severally. for tn.
issuss of the Bank. 3d-the power Of re-,
pesling such charters to be reserved to tn.
0ks Legislature.
v Iowa CRY, Oct. q, 1874.
The sslsct committee to which was re
Erred The rsPat Of the committee on Stat,
boundaries submitted = report this morn
I'M. The report recouaends the adoption
a The following as the State boundary lines
beginning in the middle Of the main chan
nj of the Mississippi river opposite thu
mouth Il the Des Moines river; thence VI
sid river Des Moines in the middle Of thu
main channel thereof, to point where j
% interested by the old Indian boundary
line, or line run by J. C. Sullivan in thu
gear 1916; thence westwardly along SAID
line 70 the old northwest corner of Mis-.
scuri: themes due west to the middle Of tn,
sa.in channel Of the Missouri river; theme,
Nd Il the main channel Of the rive
lase mentioned to the mouth Of The BIZ
Eioux q Calume river; thence in = direc
line to The middle of the main channel Q
- St. Peters river, where the Watonwai
river (aecording to Nicslle,'s map) enter,
he sane; thence down tie middle Of tn.
nain channel of said river 10 The middle o
III nain channel Of The Mississippi river
tneace down the middle Of The main csanre
IF sd river to The place Of beginnine."-
No disposition has, a yet, been made Of III
report. but | think il probable that its rec
I, ennendaiions rill meet with the favor Q
ehe suaveaiion. Relieving that Congress
~sshalener ws nay do now, will ADOPT Ger
49, ps.olA e iaAilnds - our northern
Boundary, I % - conceive the action o
- eoas epfisn in relation to the subject t.
y e . apekimPorfanoe n BY many hai
bssa GissR1of.
II renorf,nf the comui kaee On cerpora.