Southport telegraph. [volume] (Southport, W.T. [i.e. Kenosha, Wis.]) 1840-1850, 1846-10-28
THE TELEGRAPH.
C. l.. SHoLES, EDITOR.
CONSTITUTIONAL CONVENTION

CONSTITUTIONAL CONVENTION.
In our last weeks synopsis, the proceed
ings Of the first week of the session were
given. We now commence with the second
wcek:
SEVENTH Monday, Oct. 10
Mr.. Judd, fiom the committee on finances,
taxation, and public debt, made report in
the shape of three proposed articles. The
first, under the head of Taxation, provides
that all taxes to be levied within the State
shall be as nearly equal as may bc,-and
exempts iiom taxation, all property of the
United States within the limits orthis State,
all lands and property Of this State: all
lands and other property belonging 10 Ed
ucaiional Institutes: and all houses erec-
ted for public worship; al! burying grounds;
and all parsonage houses. and the lands
connected herewith, to the value Of So, 500.
The second, under the head ofFinance, de-
clarcs that no money shall ever be paid out
of the State Treasury except in pursuance
appropriations by law: that the credit of
the State shall never be given or loaned in
aid OF any individual or corporation; that
there shall be q detailed statement of pub
lie expenditures published once in every
year; and that there shall not be issued,
under the authority Of the State, any State
scrip, certificate, or evidence of State debt,
ercept for such debts as are authorized by
the second and third sections of Article
- in this Constitution The third,
under the head of Public Debt, provides
that public debt may be created TO meet
accidental deficits and failures in the reve-
nue., or expenses not provided for - such
debts, however, not at any time TO exceed
$50, 900, ueless in time of war, TO meet
the exigenc;es Of public defence - that,
with the exception of the debt above speci.
fed, no debt shah be contracted, unless
such debt shall be authorized by law, for
some single object TO be speclfed-such law
not to take effect until it shall have been
submitted 10 the qualified 9o.ers Of the
State, and shall have received their sane
ton; and SUCH law not to be submitted to
be voted upon within less than three months
from its passage, nor when any other propo
stion is before the people to be voted for
OF against Mr. Gibson Preserved his prom
sed minority report, on the subject of Banks
and Bankng--in substance as follows tia,
the Legislature may create Banks, by
vote of two thirds of the members Of each
branch, bu: no bank shall 60 into operation
until at least one-third ofits capital stock is
paid in, in gold or sill 'er; and, farther, that
Bank stockholders shall be personally liza
BILE for the COZ porate debts. Resolutions,
laid over, of course, to the succeeding
day. were prcsentded lst, by Mr.. Dennis,
calling on the Treasurer OF the Territory
for information in reference 10 the amount
of money IN his hands, ifany, derived from
the Canal Land saIes) subject to the order
Of the Conventions; 2nd, by Mr.. Chase,
tha, Capita! Punishment shall be abolished;
Sd, by Mr.. Goodell, calling upon the Clerk
of the Supreme Court, and Clerks of the
District Counts, and Registers in Chancery,
of Dane, Milwaukee and Racine Counties,
| for Information such as that called for by the
resolution of Mr.. Hyer, given in our alb
abstract of the Sd days proceedings; 4tb,
| by Mr. Willard, that select committee be
appointed TO report upon the expediency of
establishing Courts Of +" Reconcil atom"
9th, by Mr.. Hucbschmann, FOR committee
10 report separate article providing Tor
submission 10 the people OF the question, TO
be decided By vote, whether colorcd men
shall unresl'ic,edly enjoy the right of suff-
rage; 9th, by Mr.. Prentss. as TO the expe
dency of having the members Of the Leg $
AZURE chosen bv single districts. Mr.. Craw-
ford's resolution, for the abolition of col
lection laws, coming up, il order, this gen.
tleman made a characteristic speech. His
great object, he said, was 10 put stop TO
the credit system, which, he considered
very great curse. He referred 10 the Stale
of New Yo,k where the yea:ly expense Of
petty law suits before Justices, was accor-
ding 10 his estimate, S2,0S0,009. Sup
pssing New Yo.k TO be ono sixth of the U.
States-(and he believed il was not more
than ,ha,)-and that cab state incurs the
same unnecessary expense, the whole ex-
pease would amount TO S12, 450, 900 per
year. If this amount per annum, commen>
chg fifty years ago, had been applied 10
the supper, of common schools, 'he should
no; have been here advocating the p IS &c
, of this resolution, without understanding the
J English language" lis calculation related
only to inferior couris-the courts OF record
would probably double that amount. In
his opinion, The collection laws now in ex-
lisIencc were calculated to encourage dis
! hsacs.y. He wanted TO place men upon