Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1847-01-28
SENATE.
MONDAY. Jan. 25.

MONDAY, Jan. %.
Reports from Standiag Committees.
BY Mr.. Allison, from the committee education,
against the petition Of certain coored persons for the
Enlistment of schools for their special benefit
red in.
BY Mr. Davis, from the committee on the State bank
of bill relative to the of the school
fund, Ivy the bank issuing notes OF less denomination
than s.; concurred in, and land upon the table.
BY MIR. Berry of NJ, from the committee roads,
against the prayer of petition for the repeating Of
locating certain roads in jefferson county concurred
BY MIR. GoOdenow, from the committee on education,
of bill relative TO the sending students 10 the State Uni
versity; the bill passed
Also by Mr.. Goodenow, from the same committee of
bill relative to the improvement of county libraries
passed.
BY MIR. Berry of F. of bill Incorporating the town of
Pendletnn passed.
bill abolshng the Office of school commissioner in
Sullivan county; passed.
bill authorizing the auditor and school commissioner
of Jay county sell certain school lands that county
passed.
BY Mr. Jackson of bill providing for the construction
of rail road ntersectng the Shebyye rail road pass
BY MIR. Barbour, of bill relative the dismiss al of
the suit against Dr. Coe by the State, authorizing the
agent of State at his discretion dismiss the SUIT.
bill to change the time OF holding courts in the 9TH
judicial circuit passed.
Report made by MIR. Davis, from committee State
bank recommending that the bill relative the issuing
Of small notes be land on the table; concured in.
Report made by MIR. Barbour from the committee
corporations of bill authorizing the formation of volun
taTy associations passed.
BY Mr.. Berry of F., from the committee corpora
tons, of bill Incorporating the city of Indianapolis with
amendments; concurred in, and the bill passed.
bill relative to the l0anlng OF school funds; passed.
The supplementary bill to the State debt bill then
taken up and made the special order of the day.
The question the passage of the bill was then taken
Dir. Winche felt deep and abiding interest in the
measurable considered it a fraught with
lation OF the Stale of Indiana. His location such
that could not be charged upon him that he
ally interested in the matter. liz he knew his feel
ngs upon the subject there little of the doctrine
of reputation in him could be found anywhere, and
there not single in the four counties which he
represented.
lie found the impression among his constituents that
the bill wiped off one half Of the debt of the State but
when the bill better understood, il considered
deception practlsed upon the people of this State and
there a universal cry of indignation fom his
stiiuents, and he found himself instructed oppose its
passage. The bill attempted TO be amended this
winter, rendering il more mys6ed than before. lie be-
eved the friends of the bill bound together by the
cohesive power Of self interest and by desire for
the good Of the State.
His impression that il the duty Of the State
make arrangements for the settlement of the debt but
the views of the citizens Of the State generally should be
met, and not the views OF factions throughout the State
Unless this the case the people would be salts
fed. The faction that Of the CANAL feeling for
the completion of that work operating only among those
composing that faction. We given TO understand
by the of Senator Mr. Osborn would be
lost IN the support of this bill unless the lands in two OF
his counties could be sold for less price than formerly
The gentleman from Vanderburgh (Mr. StockwelD could
mol go for the bill unees the canal was carried 10 his
town. IL the canal stopped at Terre Haue he would be
found in the opposition. Then the Senator from Hen
bricks took his rights by the priores for the friends of
the BILL for on his Offering amendment he remarked
he would for the bill unless adopted and
The friends 10 supported although remarked
by one OF the friends, It stamped reputation upon the
book.
But the called unhallowed attacks upon
tain lobby members. He thought that there not a
misck for if they assumed the position of dctaon to
the Senate they properly subject to ebukes and con-
tempt.
Again. had not the late freshet visited the State, the
bill would doubtless have not passed. it had in doing
damage the White Water Valley canal caused the
listing of certain votes which otherwise would have been
against it, The Senator from Dubois Nlr EdmOnston)
thought the bill by completing the canal would benefit
his county. This the source of the patriotism of
that gentleman.
lie had voted for attaching the Central canal because
he thought If the bill did pass this section of the country
had right TO the loaves and fishes distributed, as
contemplated by the bill. He would vote against the
bill however. He thought the would
dound to the disgrace of the State. He thought this be-
il dishonorabe in It's provisions. 1t did not
provide equally among all the bondholders, only ope
rates apon portion Ii did arrange the payment of
bonds in this country Some bondholders residing
in the city of New York, stated by Mr. Butler HIMSELF
opposed TO the arrangement and had written to the
foreign bondhoders not TO into the arrangement.
Why twas but few years since the verde. of the peo
pie OF the Union against the u >. Bank upon the
ground Of the stockholders in that bank being principally
foreign holders What worked then such change heIe
to cause preference for the foreign bondhoders to the
domestic bondhodes, it personal interest,the Wa
bash and Erie CANAL this was the patriotism of those
gentlemen.
The strong objection the portion advancing the
amount proposed only had the priority of interest,
but body corporate having the sole and whole con-
troll of the canal and its revenues. The State
would get back this canal would be gone He predict
ed that in less than five years the would
the condemnation of the people, excepting perhaps, the
Wabash and Erie canal interest The only grumbling
else might be the brokers and the candidates for
ship. He was opposed generally and especially 10 the
measure.
Mr. Robinson said, that he had the kindest feeling
every Senator but he sorry them voting in the
affirmative the passage of the bill. He opposed
to the BILL and although the minority he felt proud in
recording his vote against the BILL The stock though
deprecated value, and called regulators, would
yet in less than years rise in value at least ono hun
dred per cent
The bill provides that unless a portion of the bond
holders-rhe widow and the fatheress-came in by
tain time and subscribed the advance, they would be
precuded from the beuefts of the bill This he OPP
posed to- he would be ashamed for il. The peo
pie would put the seal of condemnation upon every
voting in favor Of IT, He was willing to treat all creditors
alike, making distinction.
Mr. Read remarked that the bin now before the Senate
did not in all its particulars meet his views neither did It
the views of many Senators upon this floor but il is
the only bill which be passed this session, he would
therefore vote for the bill
lie voted against similar bill last sessions the question
then entirely to him, he knew the voice
Of his constituents His colleague in the House voted
against it, hence he the conclusion against
the bill in order that the question might be laid for
another year. On his home he found that his
situents well pleased that something had been done
with State Indebtedness.
He looked at the State she is she
was with debt OF at least fifteen millions of dollars hang
ing her, accommodating in the way of interest
ally to between five and hundred thousand dollars
This being the fact, satisfied that the bill be-
fore would be approved Of by the citizens of Clark
county If it possible that il could be DONE many of
off &c