Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1849-12-27

Indiana would look upon in any other light than an in
Engagement upon their rights Those interested in this
company whether the canal completed lower
down than Tere Hsute. II had been conended that
would inure the canal but were certainly blinded
in this opinion by private interest Il had also been said
that there was already charter for road from Terre
Haute Vincennes He thought il would be better for
them 60 under that charter il they have it, until the
canal is complessd, the growing Of the country
demand road. He referred the Of The Begis
aiue OF the last session. which refused Railroad from
Merom Mount Vernon because would interfere with
the bondhoders
| Mr.. Nblack would make a speech, but he rose to
heartily in the views Of the gentleman from Posey.
Mr.. Murray defended the provisions Of the bill.
Mr.. Shepard said, this bill for road from
Evansville Teue Haue; but to amend bill of last ses-
sion which might reach both these points only by implies
ton and which does 60 the canal than 20 miles,
Mr. Alley could not see how bill conflicts with the
rights Of the bondhoder 1t for the greater distance
90 miles from the canal principle Of this kind would
have prevented Of the Railroads that have been char
tered for the last few years He referred many roads
had chartered that parallel and each
other Besides. the canal does the purposes
lof commerce for Than six mon his in the year He
surprised gentlemen being sensitive for the bond
holders when, under the principle conended for the rights
of citizens have been inerfered with many
instances.
Mr. Edwards denied that there any intention end
the canal at Terre Haue. for the canal already
pleed go miles below that city. The opinion Of Mr.. But
Ter, he believed. had not been understood When ap-
preached the subject he had said be knew nothing and
cared nothing about tthal canals and railroads
rival works. The people of his part Of the country had
taken particular interest in the work. having their hands
full of other matters, and had eectioneered for this
road
Mr.. Doughery of b. sspprOved Of the illusions hs;
had been made to outdoor influences. No had sp-
preached him Of the House. He had last year given
his for this and consequently he could not
be charged with having been operated upon improper
y. He voted for the bill from settled conviction,
cOrdance with the spirit Of the sge that railroads
peor canals and ought to be encouraged Two
mitees had reported against the exPedlency of the bill
the last session. but neither Of these committees had taken
ground that the rights of the bondhoders would be in
erfertd with. He had examined The Stale debt bi but
bad found no Infringement He wished 10 see foil and
free competition. and should tie ourselves down
work and that the least valuable in commercial
point of view.
Before further proceeding had upon the bill the
House adjourned.
AFTERNOON SESSION.
The House resumed the consideration of the bill for
railroad from Evansville to rerre Haute-the question
being on the passage Of the bill.
Mr. Goodwin himself right, with regard to
the amendment he offered, striking "Vincennes and
inserting 'WashngOn. He would not have voted for
the bill even had this amendment been adopted. He
considered the bill violation OF the contract with the
boDdhoders, and would afford them loop TO creep
Of in completing the canal.
Mr. Weir did not rise TO make a speech but to read
the portion of the Slate debt bill, which relied
prove that there any such rights guaranteed to the
bondhoiders He conts AIDED that the law only applied
to The TOLLS and waller rents Of the canal.
Mr. Dougherty of Z. commended, that there vio
Iation of the the bondholders this
road. lie described the OF contracts generally
8 aud the which led to the arrangement with the
bondhoIders. II the payment of one half
the debt and they agreed take the canal It's
rents lands, &c. for the balance. He commended,
that clause be found in the law, where the State
agrees make internal Improvements that will
lici with the canal. The contract being expressed IN
I writing, nothing be gained from implication The
State agreed improvements and every
will believe, that with such provision or any thing
fowar The
And even admitting that there would be violation Of
faith has been violated already by the charter Of
the road from Lafayette through indianapolis 10 the Ohio
river II the rerre HAue road would take business from
the canal much will the Lafayette road destroy its
business.
Mr. Carnahan Of p continued the discussion 10 oppos
ton the bill. He be frightened from his
position by the cry of British bondhoders. He was for
doing instce even If had made a bargain with the
King o. Tophet asked, if canal still belonged
the State Of Indiana, would the Legislature be found
granting Railroad Of this kind
Mr. MickIe said he sorry that his friends
in pocket, had got sna with each other For
his part he would look the Interest OF the whole State
He wished communications to be opened up that would
suffer the produce of the country be Lafayette
Tene Haute, during the whole OF the frozen o
the year. He hoped these works would be made, and
that line of railroad would eventually be extended, the
whole distance from Evansville 10 Fort Wayne. He
therefore hoped that his friends Of the pocket would
their strife and 60 with him for the interests OF the whole
D State
Mr. wihers continued the discussion in opposition TO
U the bill
Cotton opposed bill, referring
with bondholders asked whether there
risk Of having that portion Of the debt for which tbs
: canal was given
Mr. Wilson had nothing say whether bill should
should pass. He had taken stand one way the
other committee He repelied insiuuations that
lobby influence had any thing do with the bill He had
acted instructions submitted 10 the committee, and had
4 reported thereon according to his honest convictions
The question taken the passage of the bill and
). decided in the affirmative ayes 65, noes "a.
Mr.. Doughery of b. offered resolution accepting the
invitation Of Mr. Brough. President of the Madison and
! Indianapolis Railroad Company take ride the road
on Christmas Msdison. and that the House will adj
on Monday evening" until Thursday morning.
Mr.. Richardson moved amend that members shall
. not receive their per diem during the adounment not
h adopted.
The resolution then adopted.
Leave of absence then granted to Mesrs. Thorn.
Conway. Essex, Beard Hart, Yocum, Dodd and Allen
c until Thursday next
Mr. Fansey reported back the bill TO incorporate the
Terre Hsute Insurance Company which ordered TO
f; be engrosed.
Mr. Withers reported back the bill amending the char
e of the Charlottesville Railroad Company; which
% read the third time and passed.
Mr. Lewiston reported back bill incorporate IndePsn-
u dent Relief Fire Company; passed.
d. Mr. WINERY reported back bill to incorporate West
2 Point Literary Agricultural College; passed
= Mr. Brown Of r., reported back the Jasper County
e Pank-road Company; ordered to be engrossed
Mr. Murray reported back the SpriOgceek and Tippecs
= noe Bridge Company; ordered TO be engrOssed.
7. Mr. Lewiston reported back hill grant citizens Of
% Aurora city charter; ordered to be engrossed
Bill Of the amend the incorporate the
e Central plank road company read second time.
], Mr.. Allen moved amend that director shall de-
clare dividends but such dividends shs not be paid
the road completed; but shall be used for the fur
~ Their completion of the road.
Mr.. Robson opposed the amendment, as without Prece
:, dent
~ On motion of Mr. Russell the bill aud amendment ives