Indiana State sentinel., 1847-12-16

pany. reported back the without amendment,
mending its passage.
The rules were suspended and the bill being read second
and third times, passed.
Mr. Winche bill giving further for the
settlement Of the Of Delaware county read FIST
time, and
On notion
The rules suspended and the bill read second and
third times and passed.
Mr. Henry moved suspend the previous order Of busi
in order take bill Of the House in regard to
borrowing money for the payment Of due the
State debt: which motion prevailed.
| The question being on the passage Of the bill.
Mr. Robinson said, that in the p state Of excitement
he would not say much. He hoped that the bill would not
pass Dunng the last session. by he believed uncon-
the Butler Bill became law. The people throughout
the State generally supposed that by the passage OF that act
they had paid large amount Of the State debt such was
the They had only given collateral security for
the payment of that debt The bondholders ask to
pay The interest the January nslament BY The contract
entered between the State and the bondhodeis interest
TO be paid until 1883 but the bondholdes, viO-
aton of that contract the very first meeting of the Le
gsauIe in and ask borrow 500 900 TO pay inter-
by the due until 1893 He would
the bill would be violation Of the
tered into He willing TO carry out in good faith the
entered no but he could for the accummoda
ton Of the bondhOders for bill tending the injury
Of his constituents ard the time SET precedent by
the power Of which the bondholders would every
and demand This bill but the
entering wedge, and he could not vote for il.
Mr.. Henry replied that there provision made that
the was TO go towards the payment of the interest,"
which by the bill was TO be paid the first of January
The object of the bill only TO borrow for few days
the money that is necessary pay the interest loan
would in short time be paid from the which
fortunately yet paid into hands Of the treasurer
of State. He said that the people ghened by the
arrangement made last winter of burden that weighed
them down like incubus that they had risen up like
men and shaken off the lehagy that surrounded the and
were now going on IN the of honor and prosperity
like giants filled with wine and if the bill
carried they would again be placed in unenvabe posi-
on, without credit and guilty Of acng IN the eyes of the
, IN bad fail W
MIR. Read said that the bill before only bill of
expediency We bad right under the law Of last winter
to pay up interest promptly to let it remain unpaid
and issue certificates of various denominations from dol
lars to thousand and thus make heavy burden for our
State commissioners The question then only of
policy Would 1t not then be better to make temporary
loan and up promptly the interest," and have the credit
OF the State stand untamshed before the wofd He
would for the bill because he thought that exped
ent and for the best interest of the Stale
Mt Morrison said he much opposed any 10 bo
rowing money, but in the present he for the bill
than the credit of the Sae-and he considered the credit Of
the State of much importance than the paty of
100000. He for doing what to be DONE If
let day. that he might take part in
the Fray and not Jet the battle be fought by his descendants
He not afraid proclaim the position he occupied
position TO maintain The credit Of the Stale inviOate.
Mr.. Milken said that matter of expedeucy he did
not see what objection could be taken to the bill The
money in the hands Of the county teaSueTs had
not yet been paid into the Stale treasury The simple
question would be better 10 borrow the for three
months, which revenue would be collected into
the State treasury six per interest of the banks
to issue certificates bearing six per cent interest until
1885, with the money lying mmured in our State treasury
for large portion of that time. The question simply
is it best TO pay interest for three months years
The Senate having agreed into the election of
Bank Directors al ten o'clock aud that having arrived
the doors were closed for that purpose.
After several ballotngs, Mr.. Henry, of Hancock county,
was elected Bank Director in the place of Mr.. Carr the
House concurrng
The balIoting for another was postponed
until tomorrow, at ten o'clock
-MT. Ellis moved TO adjoun lost
Mr. Ellis moved to lay the loan bill the table, and the
and noes being called, the motion lOssyes 23
noes o.
Mr. Barbour moved postpone the further consideration
of the bill until two O'Clock carried.
On motion of Mr. Handy,
The resolution relative adjournment until the second
Monday in January taken from the table.
Mr.. Marsh moved amend by striking the second
Monday in January, and inserting the second Monday
May next
Mr. Berry moved amend the amendment by inserting
the third Monday in January
Mr. Montgomery moved 10 lay the pending resolution and
amendments the table, and the ayes and being
manded, the motion was csrried-ayes 80, noes l6.
The Senate adjourned.
AFTERNOON SESSION.
call of the Senate ordered and the absentees
A message received from the House informing the
Senate that the House had adopted the following resolution
and requesting the concurrence Of the Senate:
WHEREAS, case OF the Small Pox is in the city of In
danapO aud number Of the members Of the House have
been exposed the malaria of contagon by unwaiy
visiting and eommunng with one who aboTing under lis
influence before and after the character Of the disease was
known suspected:
wHEREAs, Under such circumstances, consder ing
the danger Of the disease breaking in the Halls of the
Legislature and the disasters to the country consequent
the dissemination of the conagon, order possible
to its course, aud defer further legislation
until more prOpous season: Therefore,
Be ResOlUsd by this HOuee (the Senate cOncurring
That the Legislature be and the hereby adOu ned
until The second MONDAY in January next
Be further ResOlUed, That the members of both Houses
the shall
avellng 10 aud from their respective residences is
allowed by law at regular sessions.
Mr. Morrison moved to suspend the previous order of
ness in otder 10 introduce resolution; carried.
Mr. Morrison introduced resolution stating that ccn-
siderable degree of excitement existed among the
in regard to the existence of small pox the ciy aud
the Senate appoint committee consisting Of the members
he medical fraternity who members Of the Senate to
inquire into the extent Of danger incurred by remaining
Mr. Murphy moved to amend by striking out ply sIcans
aud inserting lawyers; lnst
The resolution Withdrawn and the Senate adjourned
TO the House for the Of eecng Trustee Of the
Wabash and Eie Canal aud Superintendent % The yncenne
and New Albany road.