Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1847-12-23
1n6iana legislature.
REpoRrEp FOR rHE INpIANA srArr sENrINEL
SENATE.

SENATE.
THURSDAY, December Is, 1917.
Mr.. Henry moved suspend the previous of
ness in order TO take up the loan bill carried
The question being the passage Of the bill,
Mr. Barbour remarked that the passage of the Butler
bill he opposed its passage by silent vote. He disclamed
anything like opposing the present bill from feeling of OPP
position to the bill passed last winter He thought that the
provisions Of he present bill for the purpose Of
carrying on, the provisions of last winters and al hough
went or carrying out the letter, the laws passed he
was not for giving claim By reference TO the law
of last winter would be that if there was hom any
cause, deficiency the treasury to pay the semi annual
interest, there provision made for
Gates for The payment Of the interest in 1852 bearing
per cent interest But matter Of expcdeDcy the friends
of the measure urged the passage of this bill The credit of
the State told. to be blasted How the
credit Of the State be affected IL failed,
matter of failure expected and provided for in the
made between the State and cred ts In that
agreed pay interest certain tunes, provided under
extng laws the could be collected and If under
those laws the money collected that contract pro-
vided for the issuing Of certificates payable 1852 and
that was part Of the resgesa-a po ton CT the contsct
If the contract carried part how could the
credit of the State be affected the bondholdes have
To complain
He conended that as matter of economy this bill was
failure. II we borrowed the money pay this interest,"
must from the nature of the borrow every Our
could be collected than the time fixed
present, aud # borrowed this money and paid again
shOi time, contemplated by this bil the def
cheney would een itself again winter IT, however,
issued certificates for the payment of the interest pre-
due, pay able in 1853 Hereafter would
revenue
would be collected this winter aud be ready TO meet he
demands hereafter, and would be troubled ia regard
| to future legislation this subject.
But again, II necessary that the people should be
inclined to The bill passed winter in order to
its ultimate But people opposed bor
rowing money: they had the effects Of d, br thus in
cured aud dreaded the again entered
into He objected to the passage Of The present BILL because
il set a precedent that dangerous.
Mr. Walpoe moved ecommit bill with instructions
10 insert the following amendment:
SEC 1t shall be The duty Of the Agent of State at
the time of paying the interest due from the State
bOudhOders the fist day Of January. ls4S, withhold
Of said due the OF 50 67 a. interest
thereon fOm the time the paid out which
advanced fom the State treasury be refunded by
bOndhodes Of the fist proceeds of the first sales of the
lands ganted for the Wabash and Eie canals The expend
iue having been incurred of selecting rating
said lands the sale of said lands having made and
| the sand sum not been refunded to the StaIe'
Mr. Wspoe said that he shed to do justice
holders, aud at the time guard of
State. We were dealing with Wall street brokers. He
understood by the provisions of the Butler bill
Of 50 1863 a. which had purpose
Of locating aud rating The lands named be refunded
by the trustees the State and he said that the bondhodes
should at the time they asked keep faith them
keep faith with the State.
MI Berry moved rhe previous question.
Mr. Osborn said that he would for the previous ques-
ton because he thought that the fate of the bill
should be decided He would 60 for nstructng however,
tn Agent Of State to retain the thus advanced in
To be passed hereafter.
The ayes and noes being called Mr.. Berry's notion
was canied-ayts &c, noes 81.
The question being on putting the main question now,
Mr. Wapoe moved amend by inserting that the ques-
\ lion be put tomorrow O'clock
Mr Berry rose TO point Of order.
The Chair decided MI Walpoe's motion TO amend out of
order.
The time having arrived which the Senate had agreed
into another bslloDg for Bank Director
! the Senate closed for that purpose
On the first bsoting William X Rochester elected
Bank DIRECTOR To fill the unexpired term of Jacob Walker
the House coucurring
The question then being the passage of the BILL
80.
noes Is.
| AYEs-Beard, Berry, Chenowh, Goats, Cornett Davis
Goodenow. Bamrick, Henry Holloway, Howell HOughton,
Hubbard, James. Milot, Martin, McCarty Miller Miken,
Montgomery, Morrison. Murray, Osborn Randall Read,
Rousseau, Simpson, Taber, verbrike, and Zeno,-3O
Noes - Barbour, Ca>satt. Conduit Day, English. Ellis,
Green Handy, Hardin, Hufsetter Mar>h. Mgan, Orth,
Robinson, Stewart Waplle Waters and Minche-lS.
sealed on laid before the Senate from
the Governor, containing mis- nomination of Thorn Smith
Judge Of the Supreme Court Of Indiana asking the ad
vice aud consent Of the Senate.
On motion.
The message laid the table until the Senate should
be FULL some Of the Senators being absent
Mr. Handy moved TO lake the message from the House
info ming the Senate that the House had passed resolution
adjourn until the econd Monday in January; carried
Mr. Howell moved to amend by Stalking out January aud
inserting February.
Mt 9th moved that the further consideration of the reso-
luton be postponed until next M ,nday week.
table.
MIR. 9th withdrew his motion.
The question being striking out January it carried.
On motion,
in February the place of the second Monday in January
The question being the adoption Of the resolution and
amendment the resolution was los-ayes 10, noes %
Messrs Read, Murray, Stewart, and Zenol excused
| from voting.
| The Senate adjourned.