Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1850-10-31

the law Incorporated into Federal Constitu
ton, and the grand jury of them. The Con-
stuton Of the United States only conempates the ia
dctment of individuals for high crimes and SUCH per-
haps was the policy for State The author Of
the resolution for restrictive policy contemplating
the idea, that the people, through the Legislature,
incompetent to frame laws for the punishment Of crime
He referred the clause in the Constitution which
PIRATES certain fines derived from criminal prosecutions,
the of county seminares thereby defeating the
public will to appropriate these moneys might be
deemed proper The intention Of the trainers of the
Constitution good one; but experience has proved
that this mwise provision clearly showing, has
restrictive power should always be used. 1t
clear his mind that in the under consideration,
the whole subject would be safest in the hands Of the
Legislature II experiments be tried, be for
placing the subject where the least possible injury may
be sustained by the people. The different substitutes
proposed. showed the impossbity of agreement and
and that the whole subject should be referred the Leg
sature. Mr. BAscoM said. this was a new question to
him. 1t had been discussed by his constituents. He
therefore compelled to act from the best lights he
had If ne to be governed by the speech of the
gentleman from Tppecanoe, he would think that grand
uries the horrible things EARTH and should
be Immediately put down But the presented, he
believed were isolated cases In his county the iustic
had jurisdiction minor offences and the
system had worked well. He thought, with few mod
fcaons, the grand jury system should be continued
and he believed that the people would be asonshed that
whole week had been spent in discussing this question
Mr. WOLFE said he believed that the Constitution of
the United States, which all had support
dered the abolition of grand juries impossible, and
therefore he could go for the resolution because he
beeved be unconstitutional He also believed that
the grand jury was wise institution 1t causeda gen.
eral diffusion of knowledge among the people, with
gard the criminal laws. The charges of the
the 80 counties twice year were ofimmense benefit
the country. The system had worked well and substi
tue of the power, of justices, had only been
offered instead of the decision of twelve good and repu
table citizens One of the for calling this Con-
venton was, that laws too uncertain. We
senthere, he said, try experiments that might
render them still more
The pending question was here laid over, and Mr.
RARIDEN offered provision be inserted in the Con-
stitution proying for general corporation law, with
individual liability the part of the stockholders anI
another provision, providing for the extension of the
charter of the present State Bank until 1865, with per-
mission to rcchartcr it in 1862, or at that time
ate State Bank; also that in year after the
Constitution shall have heen approved by the people,
the Legislature may provide for other Banks. making
the stockholders individually liable which ordered
TO be printed MIR. LocKHARr then offered resolu-
tion for provision in the Constitution prohibiting the
Legislature from Incorporating any Bank or banking in
suton in this State; which ordsred to be printed.
] FRIDAY. Oct %. 1S50.-The Convention opened by
prayer by the Rev. MIR Hull. The special order of the
day suspended for hour The President laid be-
fore the Convention communication from the Auditor
of State containing the enumeration of the white male
inhabitants twenty-one years of age; which was
ordered to be printed. Mr. DUNN presented petition
from sundry citizens of Jefferson county, for clause in
the Constitution prohibiting forever license for the
manufacture sale of sprituous liquors. except for
medical purposes; also from several ladies the
same subject which referred. Mr. READ of Clark.
from the committee State officers other than Execu-
tive and Judicial reported article he inserted in
the Constitution providing for the election by the quail
fled of the State of Secretary of State Au-
dtor and Treasurer hold their respective Offices for
two years. and who shall only be eligible to hold their
offices for four years every six years which was read
and passed to second reading.
The resolution, offered by Mr.. PEPPER of Ohio that
after the expiration of the charter of the State Bank OF
Indiana all connection between the State and Bunk shall
cease, taken up. Mr.. PEPPER of Ohio observ-
ed that this of the most important questions
that would come before the Convention. He was OPP
posed to what were generally called free Banks. He
in favor of well regulated banking nstution-a
State Bark it might be called-but he was opposed to
the State having any connection with it, sharehod-
er. The State, however, should have much control
as she has, the present Institution Many
guments ght be made in favor of the present State
Bank, as present constituted. 1t said that
the end ofthe charter there would be more than million
dollars earned for common school purposes An amount
however, nearly equal this had been sunk before the
Bank existence five years. in the negotiation of
loan to extend its capital and establish new Branches
showing conclusively in single particular the
disadvantages that had grown of the connection Of
the Bank with the State. He wished however, that his
main propositionhe disconnection the Bank with the
Stateshould be first decided and decided according
his wishes, then the committee Banks would know
what to do. Unless this done some proposition,
similar the offered by the gentleman from Wayne
(Mr. Rarden) might be reported the Convention
mammoth SYSTEM which he contcnded would be iraught
with much evil Mr. READ of Monroe, at this stage OF
the proceeding sad he desired read the advice of
one of the greatest men that lived He then read
from the farewell address Of General Jackson rea-
ton to the establishment Of banking institutions, taking
strong ground against bank monopocs. This, be said,
after reading, was the advice of Andrew jackson on
State banking. Mr.. HAMILTON said, he was not we'd
ded to any particular system Of banking. As he had
been alluded to- as the head of the committee Banks