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


% "hteh he irtsetei over tue is q gensta.
p3'r,tcs, b2t1 Safe ana naaua.l. Ills speech |
understand vii be p4b!.shst III pamphlet i"'m
II u,E--FRIDAY. in. > Nj Pl5ker trorh
The judiciary Committee, - ~hieb the slhleq'
$ ~ rcfefot reported I tnl amena4lory OF the
execution law, provtd,ug that from aud after The
tn lay Of JIiy l-lI, nothing contained 10 The
laws on that subject shall he 81 construed, a. 10
reqllf ANY property. eEtber real of persona, 70
sell ~ execution !r mare han t"o lhrts Of lts
appraised s'1e That hercefter al executiofs
shat be made reiurnab,e the end Of SIX
months from The date thereof, aud The plaintiff
ma y al any TINE, order in execution, whefe
The officer return thereon, . ~ property
found That live animals taken on oxecl-
don shall lie delivered to The defendant until be
gives delivery bond far tho same. Oae hun'
dred ana twenty five dJIlrs worth OF property
shall not be exempt from execution, unless The
observation-disclosures shall have family. That
constables NAV serve process by copy. agreea5iy
10 the law as 10 sheriff.. That nothing any
law SHALL be construed to authorize the sale OF
property. taken 10 satisfy Judgments in favor Of
the surplus revenue fund, for less than two thirds
Of It's foil appraised value. Appraisers OF prop
trty failing to &C; shall be iiaed in sum not
less than fifty cents nor moro than three dnilafs
This 10 take effect from and after the first of
February mex. and 10 be published ii the jour
nal aud Sentinel, and forwarded 10 the different
clerks Of the circuit courts.
Messrs Rich and .fbour dissented from the
above report OF the committee.
The bill was read and passed to second
reading
Mr. Parker from the same committee reported
a bill, IN lieu of two bills OF the House, hat
Justices shall not be compelled to file an atfiia
VII moneys 10 be appropriated 10 educa
ton, when they have no such moneys en- hand );
the bill passed TO a second reading.
The hour having arrived for The two Houses,
in session, 10 60 into tho election OF
Bank Director, Messrs. Downing and Bolton were
requested to retire rom their stations rs RePor-
tiers, by Mr.. Roberts .of Brown, the Honorable
Serechnt-at-Arms of the House
Both Houses then proceeded 10 said election,
with closed doors which resulted in the re-
election of E5ci c. Pepper for the term OF four
years.
Mr.. EInonson from the committee on the
State nix, To which the subject was rofcrfed,
made the following report:
That they have compared tho reports Of the
several Branches, with that of the statement,
contained in the report Of the President OF the
State Bank, and find them to agree bu, these
mere statements are not ct that character
which will justify the committee IN expressing
any sentiment, either favorable, as to the real
condition Of the Bank. Such expression can,
with safety only be hazlrded by visiter to the
several Branches, who may have examined
strictly INTO tho items composing the state Of
the institution. The reports however, exhibit
the idea. that there is S9G5, 226 90 10 specie and
I'll 600 90 in paper Of other Branches on hand,
making million Of immediate resonrces
while the real circulation (afier deducinc the
amount on hand in the several Branches) may
be set down a, about 81 900 600 90 ia other
words, about two dollars circulation for one in
specie and other Bank notes on hand, which
state Of things, with that share Of confidence
usually extended 10 Banks, would seem ID Sc.
cure continuance Of specie payments.
e, i
100000 90 is CONNIE ndable and siili further
reduction Of individual sioct IN many of the
Branches. if /; could be done by diminishing the
suspended debt, or even such paper upon which
the regnser curtailments may not be paid wDuld
be beneficial! 10 the interests Of the institutions
and tend much 10 place II in more prosperous
stale.
Ii Is to be regretted that The State Board havo
found necessity for suspension Of one 81 the
Branches. Not being in possession Of the fkc;a,
the committee can neither approve condemn
the act ; but are Of opinion, that step which 10
so seriously 10 affect the credit not only OF the
Branch, but of the whole institution, should be
exercised with extreme caution, and every 9th
er means exhausted, ia endeasoring to correc,
abuses, before that of suspension should be re-
sorted to-
The intimation by the President, tha the
time has arrived for the gradual Interfer ence
with, and abandonment OF our relief laws the
committee inclined 10 favor II IS true
hat the causes for their creation may be fast
disappearing, bat even should this he the case
ielay for another year cannot result IN harm eIth.
r To the creditor or debtor.
The committee have duly considered the res.
'iation u The House, insfrucfng them 10 inquire
nto tho expedencv Of restricting The ba nix 10
IS Issues 10 notes Of denomlnatIon not less Than
en- dollars. IN accordance with the rights re-
= % restrict j, al t6e present session, and
lad that subsequent amendment 10 The charter
extended the privileges Of issuing small notes for
period Of five years They are therefore Of
he opinion tia; Il is inexpedient to legislate on
his subject.
h'' ho"o"ay, IN order TO give the minority
: nc iec iiaac 70 MAKE c6'bt-E report,
60 'tiit 'he report u me majority be iait Up>
n the table; which motion prevailed
Mr. Birbour, from the committee on the Judi.
:iaryi reported unfavoratiy 70 a large number of
editions, &c, for divorces; which was concu.red