Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1850-10-25
IffraLIslFED Br REquEsT


ri ~. xssfEnmant u hereby laiea away fsas. I'll.
ass&gee, tie court shall give Judgment ia I'LL
HksQr, s0f We full amount Of said obligation III
seeFflty aHa eosts q 1ui, agsins. The plaintiff
/ theSein. IN
..lf any Person shall purchase deed of-sl,
of f9ortsagf, pr other secnr3iy for The pal
mUlssy, II 4 greater discount Than
or aeqnife the same by any shiisords
this staLgte The grantor IN be saift
sot Acknowledgment 10 tie said marigAgd
tS otieaf III aDgFother security iof tEl
" mhheF gHayisb hiEl 10 cliantery Or an
5ia4e "a 'effuag re4aife, allegf re purchase d
s+ia ldeea ol gsp4t N mqrgsge,Ept other fee
jar the payment of Hn1ncy, IL greater dlscSnnt
tlAnsix Fer rcin ~ tat i, sas acquired III shIft
dFdsN4eefo ceaae Shis statltgf; aud, ppon theE
bEll prpyef ar aasgfy, and llie assignor " transit
t#rfeT " iereby 81 a1ie competent witness. (anlt
q Il refpnFse ior.lle consideration O. The aSsiaatI
f4eat II faacn aVfay from bin assguce OF traus5
fArrats itaIsll be the day of Ilie csnst 10 enter
IMP a'&serea N iayor Q. the grahior4A said leedI
oltfast, ertfaeFtgsHpr Of parry obiigoc ia saiI
ollset sec gritty lor Tie payfs si III nGfeY ag4ins
.te als sdeepr iraaFferfee III said tfnri or-slio7t
1Efs+g;, or 81 ier4ecefsly Tor telpRt the Of n9pcg
i9t m iall aEaga2tfhsico land rosts Of suit.
I. Nj THOMSON. ssid 9hat he reioieesi at TIL
pass ge ltlif fabtEiRte of tl4emeabep from Faa
sqaier, ee ile hE faeor 9i4fsHserS presented fe
I8e hauselpy tFe FcNrogs &pdrefising.comm
lie did not dnirWgn he inatyes.eft the reVisors III
ftl1e eanbmitrfe. baf be believed t1shisseul that
N II ia whdie Tribe u Shyiocks lsd been Consult.
/ edhN The Isdviso,si lley could tjt LAKE had bslI
more aftef their own hearts That hill not oniy
faked loAte t9slabrs-of the law, tl,eir printipa4
L ANA rEsi interest htt proposed i0 ratSe and le!
EAllza ;leIfate III iufFeat 10 3 bf I9 per cent H
n when 9 Stated .in writing The additional rate
IF iaerest II Isl true Is et. bi8nk IA tie bill Of
fhe tessofs, hut he iaiefrda iront their long note
accompanying L, that they we're in favor OF $ oil
no. per cunt. when 'sstafed 10 writinFn s,H
II. The consequences OF slich q measure, would
have been truly disastrous. 1iiey were clearly
secn ~ The wf0le house, and Tile Enanstraus pro-
Position was stricken out by Instantaneous vote. X
WheH Tho seriIpn was under consideration be
had expressed his opinion fully ia RELATION 10 it, Y
huthe would again repeat, that il would have fill Y
cd The estate wftlinore distress and pressure, and
hays produced al wilder panic than had ever been
kposn within III limits. Every debt, however
due. by open account, bond. deed Of trist, or
lpotigagc, would have been Instantly called in
and loaaedout n The new rate Of OF 40 Iser Ct,
shaeanlssels ,eiai.a iulsNEifl ~ -
securities would haze been Slslc0 Slfoh9 .cs'ol N
s.in .xfiungn He was aware that these remarks !
Npefe not e4adtly hi piaee, n tie proposian The /
munster, Mad been douR for and il was now
like speaking fthe dad and yet, lie had iadulg
"a Id them u Tecsll tire attenrion Of the house
t5s N0NHlfN no Observation-Disclosures VI tf2 FIHPGSAs
ton. lge tovk pleheAfe III goin4 ont Of lbs way
fgfygE akJdklana tp kesp.t stirfedap, thai is
Nery, fames NJ EttfsscF I'LL ~ alRFeas iAF From
III as possible si-
Tlte sabltaata ~ th6 mauhcf rom FAa1uier,
aud Is which lib offered the inAsgealgnt Sc: ions
new unlsr euna AHraiiaH, ndt oitg restored NE
4hold lhw WITH alllts Panaies,b atfoalaieed new
land eaEaAtHe .hstnre. TIE creditor, whose debt
or's Eneans hAse bseh@ absorbed by that vile
~
ngAll and tan dhaof Is made apebmPetsrt wit
ness.As hi ought % be, ta epa5c him agdo Il
5taactaa fy The hons, then has eX 3fes1ed ITS
laptuon, ana ver+s decided ono. against direct
susnry, and he hoped, would be DISPOSED, u he
same spir to trail itlnp, and iefrct il out, ~ ri
lis slli{ts, devices, NEUTRALITY-SUSPICIOUS.. lnthat hope,
and with that view Hid lad offered the SECTIONS
now before Till house, and III believed, Il they
were soptcd they would effect Tie entire ex,ir
nation of that most pestilent and taueta cancer
ofias9r aH2 caPiial-usgry.
lin was wrong 10 charge man, ia bis neces-
silly, twenty Of thittg. al greater peg eeat for 4
fihr loan ofmouey i was equally wroSg & s1are
VI Tim bonds, and Other monied securities, at lhe
same 81 greater rate. III ethet case, the.toSs j.
N The same 10 NE pagy, and, the bsS ~ 10 SUB
Fl sauce, the csil 10 he reneded and guarded
against, and not them mode ID which that loss
Bf the bill, as il has JUS psss-
4 ed The house ifthc usGrer loans money at high
VI Ell rate than dix pcrieeui., he toreits at aw the
H xiole amount, the excess Of legal intetest Inf
i uhaneotg and is liabie as he before stated 10 The
nov remedy III a creditor. But still, The same
4 insurer may iniure debtors~and their creditors 20
II amy extent hIs enpidily may lust, ADD Who can
u nrasure that. by busine tie bonds and Other Sc
cariiies of debtors, or the dsbtotsesa bond given
HI ior the purpose and sold. Through some pmp aud
III tso bctwsseh. lit a heavy discount and sacrifice -
NJ Now, his object was IL put down this indirect eS
H tortien ard usury, anu 10 make war upon il and
| pursue il III allsils Ppatean forms Yen have, at
lacked il ia one form. and why ro, ia alFs For,
Ait it mask and Disguise itself as II may il is the
s,fgae an consuming, asl-deyouring usuFy
The sections be had just offered were plain and
HI direct. and NE believed reqnfred little plana-
slsa. They empowered the obligors, 10 any obli-
pasion OF security fcr Tho payment Of money. and
/ liz rran.ors, ii deed al trust and mott2agors,
ID Mead at law. or xssert in chaneery, that the
/ partY, attempting 10 collect or enforce them, had
4 purchased the same at greater discount than
sir per csas or acquired themb shifts anddevi-
ecs 10 eyade this statate: they constitute the as
sisnor or transferrer competent icltess, aid, up
Oh proof 81 the ti5latioa 81 law require the court
70 enter % 4 Judgment or decree against1he party
So violating Inc law. for the .faR aaoaai 50 Ge.
4 qairsa
He would now take the opportunity to say.
that. I'd reader the remedies against ustsrs as
complete as possible, he would At the proper time,
ana when The criminal cede should come mp, es-
pccially that part Of i, which provided penalties
for obtaining money By :. robbery asad erioriien,
ofier sections, constituting nsnry alvHshayipg m
liefable offences, rcquging the courts to giyethem
"a charge ID the grand juTies, and securing the
forieitures for the benefit Of the literary fund,
Returning ID the sectious before the house, he
said be presuu,ed il soul3 Be admitted that they
laid the axe III the rect ef the evil at which they
were aimed and that few persons, II any, could
Be found hardy enough To buy bonds and MORT
CAGES ID tie teeth Of such ensctments. He was
ioId By many on all lands, that they desested
usury and shaving as much as he did. They in
sisted. however. iha, 4 was impossible e PCT
down those practices, aud chiefly from the din
Guilty DE- coming al the proaf. He would now test
their sincerity, for these sections provide wlt-
ness. against whom no exception could be taken
The aesignor or .translerrer is made witness
and the whole transaction can be fully unveiled
end proved Win il 81 said that this law is too
harsh and penal 70 ths shaver Let him avoid