Wisconsin herald. [volume] (Lancaster, Wis.) 1846-1849, 1848-01-22
The Convention.

u
Maj. RoUSrREE introduced and advocated a
provision, that Wisconsin when admitted,
should reserve the right of having decis-
ion of our boundary dispute with Illinois,
settled by the Supreme Court.
Mr.. RousTREE said he proposed this sub
stitute with view to carry out the letter
and spirit of the ordinance of 1857. The
question Of boundary has been agtated at
different times and in different places ever
since we have been organized as territory.
I 1t will be contended, he said, that ifw ask
/ this line, ii viii embarrass our admission
into the Union. He did not think it would;
and if it did, he should not be willngto give
4 up our rights for the sake of adnIi. sion.-
He had no doubt but we could get an adj
mission into the Union with an unsettled
boundary, and that the matter could be
hereafter adjudicated. He thought it was
l important for us to claim our right, as we
have nothing to lose and everything 10 gain.
Mr.. RIeHARDsos was for asking for all
/ that belonged to us; and thought that no
one had any authority for saying that Con-
gress would not admit us with an unsettled
boundary.
/ Mr.. REED in committee had favored the
line proposed by the gentlenau from La
Pointe, and if that should not be adopted,
he should be for going to the British posses
l sions. He thought it was desirable that
two states should be formed, and should
vote for the amendment, as then there
would be sufficient territory left on the
north west to form new state.
\ Mr.. o. CoLE was surprised TO hear gen.
tlemen contend for this line. The fact that
i they expect to form a new state shows that
they cor slider the country good. He was
for gel ing all the country we could if it
was good country. The time will be short
when we shall have dense population on
the Worth of the Wisconsin river.
Mr.. RouNTREE's amendment was lost.
On the 10th Mr.. RAMSEY offered the fol-
lowing resolution:
Resolued, That the committee on Mis-
cellaneous provisions be instructed to en-
quire into the expediency of Incorporating
in the constitution clause prohibiting the
legislature from passing any law establish
ing rates oftolI for grinding grain, or rates
of usury for money.
We say right; law may as well try TO
regulate all other prices as the prices of
grinding and shaving.
A committee have reported in favor of a
homestead exemption of property TO the
value of five hundred dollars. Mr.. Ram
sey and MIR. Estahrook, Of the minority, re-
ported against exemption. There is a set
of hard mouthed fools in the Convention,
who seem determined TO ring into this Con-
stitution, the most obnoxious features of the
Constitution which was rejected. The peo-
pie of Graut county will never vote for a
Il Constitution, which offers bride of five
hundred dollars to every man who has that
amount of property in his possession, to be-
come a rogue and set his creditors at def
ance.
In the course of the debate on prohibiting
banks, MIR. WHIToN moved a. substitute
for the whole, the article which had been
submitted by the minority report of the COM
mittee on Banks and Banking.
He considered the substitute proposed,
much better than the article submitted al
though il might not be perfect. Both ar
ticles assume that banking is proper bust
ness; and the chairman who reported them
cannot deny that ii is proper and legitimate
One confines the business to a few, the sub
stitu,e leaves it open to all who wish to go
into il,
Mr.. CHASE said the object of his PROPOSE
ton was, to present the specific thing upon
which they are to vote, before the people.
|. the substitute was adopted, The people
would no, know whether il was safe or not.
Mr.. RoUSrREE was opposed to the sub
stitute. Tie thought the privilege of bank
ing should be greatly restrained-people
should go into it with great care. Ifpublic
opinion was sound on banking he thought
the business would soon be starved out, and
that paper would receive small circula-
ton. Banking Is carried on for purposes OF
speculation. The system proposed is to
make banking free to spectators, and all
who wish to live without WORK: they will
throw their influence to log roll the measure