New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1846-07-01
vEw.roRK WEDNESDAY, MORNING, July /. :sao.
;oeri:Fs ss vel as Governors. TIE maize, had

10 let the Ecsti J proposed a. suicide !Os Iu'-
ernors 10y Mr. Ra-seAi apply 20 all Nj EU>T
took substantially IRE ss1se vI- aad ;houzai il Il e
10 Re -oeu-iug fortnight T-e-cEtu!ns people
uno th.y should ara should elect e. iheir aecas
the bu -jnsss o. the Convention wEs 20 say how
uls.v and VIVA: oilce-s sGzii be elected. and Hov.
Nj JORDAN showed TIA; other Safes -cG1i-et
age and residence n caa!i1sis--i.,ai the CcuYel-
tor bad been appointed 30 frame n, necessary re-
stEiccilus 10 se submitted: - Ihe people rs COM
psct or tcr..a which hes csuit acc, u or refuse
fthey could Place nc restrictions. Why ssy ,la5 &
Jodse OF toe Supreme Court sto hold no oiae- y
ice OF thaJ tue ScbCol or Cauai nj shall sba. 10;
be diverted even by majOrit.e-, hereafter! Attn!;
The doctrine TIA. they coCd aot lay restrictions and
Place conditions x here required and wha. would a
+ Constitution be worth There were tilces " men
the halls OF legislation TisLi become ruDieG-
there mad been and might Again be periods Of eX-
element; and The Convention had been semitic pro
vice checks and rules FOX times ike -hess by which
niuo7iyies xeil maJorit-s ,rocd hare - abide
and Toe sc.ion OF the people. ";h their express a.
sent De regulated - thar anarchy aad confusion
nigh, be avoided. He spoke aicOns.ierab'c .engta
srsiHs; sudden violent ana uucal'ed Tor changes es
pec4ily " here the people had not com planned bat
was Wiling 70 remedy detects wherever they ex-
is,ed.
DR. TAYLOR stated TIA; BY the new Constitution
OF Rhode Island G1a.ttd rcter Is eligible for eve
~ State Office.
II am compelled to defer copying from KY memoranda
,he residae Of ne tehste
Nj CAMBRELEHG, Chairnan of the Committee on
Banks and Currency submitted The following report,
favor OF abolshins psrG OF lheold Constitution and
providing new regulations. twas only report IN
part, as fellows:
Rcsslrsd Ths, so ruch OF the 9th section Of the eth
article OF the Constitution Of Ibis relates
incorporation OF Banks, be anc the same Is hereby aoo!
ished.
PROPOSED AMENDMENTS.
l. The Legislature sn-l h-vu power TO pass any
law granting special charters for Banking purposes
associations for such purposes may be formed under
general laws.
9 The Legislature shall have power to authorize
nor 10 pass any law saUctionug in any manner the
pension specie payments by any person. association
Incorporation Issuing Bank Notes OF any description
s. AL Individual pa, k-rs. and the stockholders in
every association for Bsnsioe purposes issuing Bank
any Kind Of paper cEe1i- u circulate ~ money
hereafter authorized formed. sha be respOusiole IN
their individual and private; capacities for s debts and
labts of every knd incurred by any such banker or
association.
t. TIE Legislature shall provide by law for the regis.
try OF all bills ssued OF pG in circulation as me
uey and shall require or the redemption vi the same II
specie ample security by pledges oi property
J. No ndiyiIua banker, no. Bapsog or other nsttu-
ton OF any denomination sha alter the year e55 io'ue
Bank any Kind OF paper credit 10 circulate
money, except under the provisions and upon the
dtons prescribed IN The preceding sections.
From and alter tie year 800 all perpetual charters
granted for Banking purposes or TO companies or asso
Citations for ary other purpose and exercising Bsna1s
powers. shall ce revoked and annuled.
Mr. RUSSELL after Mr.. {. had moved It's refer.
ence the House in Commiuee) stated, that the
seven members comprising The Committee Cam.
breepg, Russell. DorloD. ToUEsend. f. Spencer,
Cuddeback aud Taggart had agreed that bank, or
ivduaIs all persons issuing notes Tor clrcula.
ton money should be held individually liable Tor
the redemption vi those notes in Coin but was op-
posed 10 that part Of the report which made bank
personally liable for all their debts At'he proper
~ I'D
OF the report. ny striking The words. "ior all
debts aud liabilities OF every kind incurred. aud
Inserting 10 their stead the words Tor all notes
issued for circulation" Hs impression was that
the extended personal LIABILITY, II Insisted would
throw The business of banking into The hands OF
less responsible persons. ami give the City banks
which issue bat lew bank notes undue advantages
over The Country banks which necessarily supply
large sharse OF The State circulation. Except bank
notes be would desire 10 place every other branch
OF The business OF banking OF Ihe same footing as
other commercial transactions.
Mr.. CAMBRELEHG would not violate a rule the
departure from which bad caused waste of great
deal of time. One provision reported, To place
all banks on one footing after 1855 There were
now twenty -four Country banks The stockholders
OF which were liable personally for every deb incur
red and note ssued-aud there was another class Of
banks not stakeholder in which personally
liable The (above report had provided Tor placing
all the banks n the Stale upon precisely Inc same
footing.
Dr.. WILLARD, delegate from the city and coun.
" of Albany, has brought the great question OF the
division OF the Stale, and The breaking up Of large
properties and holding of vast quantities OF land by
mortgage. before the Convention IN very plain
form. His proposition, the reading Of which by
Mr. Seeer, the clerk, created considerable sensa
lion in The Convention, Is in these words:
Rssor5d Tha, 1t b. referred Committee No j. the
and division Of estates in lands Inquire whether
the character and lermanency OF Institutions would
DC increased by multiplying The numner OF roehot-
ers; and the expectancy orb tng all
ion OF the soil 10 exceed 34o acres per man. and TO pro-
vide equitable mode for the gradual reduction of the
present landed monoPoies as they row exist.
The Convention referred 1t as he desired.
\ motion to adjourn Tor lhree days. next Friday,
Saturday AMI Monday. was iosI, % 10 SO.
PILOT BOAT HENRY CLAY We understand, says
the Baltimore Sun. that ibis vessel which sold
shOr, time since 10 Brazilian owner snd which has
been undergoing some alteration and repairs applied on
Saturday afternoon a. tue Custom House tor her ceat
snce which from cause refused. She Is npw
in charge oil a Custom House uticer, end exsmins
ZION INFO IN, matter VIII be had to day RGfnOr shys
there suspicion that he has been aI;ed out Tor
the purpose OF engaging in the slave trade ~ some way
FIRE IN TRoY-A fire broke out on Saturday
night the auHery OF Federal and NORM oftl
ats. occupied BY Mr. MoTey. The brncln-- aho STOCK
consumed M-ssrs. L i D B. Plum. "no FAC u
mortgage the gTopcfy were insured 70 'ae amount
OF - UUp Ihet Was also ahOtDc! tSc VI s'S ac
NEw WATER CoMPAsY-A charter wes granted
a, the lssI OF the Maryland Legislature, giving
power Introduce 20 Canion from reservoir,
20 b- bulk ng.bury. in Baltimore County, oy which
II is also contemplated 10 furnish plentiful supply for
Eastern Baltimore. q u our Croton.
ATTEMPT TO KILL-Geo,ee Slaughter, aged ID.
recently attempted 10 Kill the widow Bel, al l,p, Suffolk
Co. l. L He tined ter bu, he wrested the knife
from him. ava Indicted wound il his side. He ihen
pounded head with brick. Il IS supposed that both
wil die. The boy Is In prison
NswJEKsEY LAW ScHooL-Atthe meeting Ofthe
Boart OF Trustees OF The College @; SswJeEse 1T Prince
ton. resolved to organize Law Faculty and Chief
Justice hornoower James Green and Richard 5. Field,
Esqs. were accordingly appointed professor. Of Law
Newark Adv.
PARALYsls-Mr. Rice the celebrated Jim Crow
has been deprived speech and Inc Of Ma limbs By
stroke VI paralysis.
NEW Wharf.-The G-st new Wheat of the sea.
srrtvel Baltimore S@Ertay. Itsold AZ 1902 cts.
pc. sush-
ScucTul Aontrs.
~ May statement Of ne aG:usi Sene6! LITE In
h