The Arkansas banner., 1850-11-26
rroeeealngs of ysAs Levi,Iature.

swer 10 q resolutioa passed Ir .k> House on I6th assant asking for Information relating to the af- fairs of the Fayetteville Branch Bank.
 Mir Sevier presented petition signed by numsr. Ous persons ia Lafayette and Hempstsad conuties, which was referred to Inc committee on Counties and County Liaes.
 Mir TraPasIl presented petition from MrW. F.s. BarkmaD, of Hot Spring county. asking the Legis- Ia,urs for leaVs lo construct bridge across Bayou De Roche. Referred to select committee, eOmPosed of Messrs Trapnali. Hart aad Emerson.
 Mir Greene presented petition from numerous persons in Pope aud Pike eoualies, praying the Legislature to grant them county, tO be taken from the said coanties, referred to the committee on Counties and County Lines.
 Mir Preston, from the committee on Memorials, introduced resolution praying the Federal Gov srnment to donate quarter section of land to each head Of family. aad every young msn whO shall improve the same Passed so q second reading.
 Mir Atkins, from the seec, committee to whom was referred inc bill for the relief of Pope county. reported ia favor oG tho bill. and recommended it's Passege. Jhe bill was Pu. upon its third reading, and lost.
 Mir Harris, from the select committee to whom was referred the bill for the relief of James David son, Sheriff of Poinsett county. reported in favor of the bill. which was pu, upon it's third reading and passed.
 Mir Trimble introduced bill, amendstory to an act to distribute the proceeds of ,le 5o0 900 acres of land for internal Improvements, which twice all. provemenis
 Mir Eaton introduced a bill 10 incorporate joint stock manufacturing companies; read aud ordered to q second reading,
 Mir DOdd introduced bill to appropriate the pro- ceeds Of the reclaimed swamp aud overhowed lands to the payment of the State bonds.
 Mir Tebbetts hoped the House would reject the bill. Parliamentary courtesy might, ordinarily re- quire, that objections should not be made or the first reading of a bit-but, when a proposition is of such character as, upon first blush to strike the House with the sense of its utter inutility the proper course was to reject 1t a. once. He thought the further consideration of this bill an necessary consumption of the time of the House, for the that it proposes to appropriate the f'O~SCNS VI hAS ~AuH Oouahou tO thc Put~ chase of State and Real Estate Bank bonds. This i the State has not he power to do for, by the of the grant, the proceeds of these lands are to be applied to their reclamation. h were, therefore, than useless, 10 hold out delusiye hopes to the holders of the bonds, the only effect of which would be 10 raise the price of he bonds the mar ket, and thereby put it out of the power of Bank | debtors 10 purchase st rates which would enable them to discharge their indebtedness to the Banks the bill He hoped, therefore. tha, the House would reject the bill at.the very threshold.
 Mir Preston differed somewhat from his friend l from Washington, and said he was not prepared to | reIect this bill on its first reading in this House. for two reasons. He thought 1t looked rather dis courteous 10 the member introducing bill, to move it's rejection on the first reading. Itwas thcr un usual although in accordance with the strict rules of parliamentary proceeding. He thought il bes, { 10 jet the bill take the customary course and receive Ihe consideration of the committee to which it may be referred Agaia, he thought that this proposi- i
 ton to reject now, might. according to the rules of the House, prevents sny application hereafter during this session, of any part of the proceeds of the sale of this Swamp Land Donation to the object con i templated by the bill. Now. it might so happen, [ that system of this kind. or something similar to of the session, and that system might meet with its appreciation; but he understood the usage of the House, by rejecting this bill we might estop ourselves hereafter during the session from sppro priating any of the proceeds arising from sale of this Swamp Land Donation, to the purposes con- ! templated by this bill He was not prepared to ! hold out delasive hopes Of payment to the bond ! holders. but at the same time he no. ready 10 say that il might no, be cur policy to apply por ton of is fuud hereafter to the liquidation of these bonds. Ii is muniieent donation as he thought, and would be of much benefit if it should be judi l ciOusly managed.
 Mr Tebbetts replied, that he was far from intend ing any disceurtesy 10 the gentleman (Mr Dodd) who introduced the bill The bill propased the 3D. j priaion of the proceeds of the Swamp Land Dona- tion o the payment of the bonds Of this St,te when the acts of donation emphalieay says that The pro- ceeds ef these lands shall be applied to their recIa nation. Parliamentary courtesy could never de- [ mand second reading Of such a proposition. He ! believed his friend from Phillips MT Pres,on) i would concur with him in this The rejection of i this bill could not stop the House from hereafter | considering any other plan, having the same end in view, to be accomplished by other and different | means. He hoped that from his remarks, no one would iuier that repudation found any favor with . him. There was no such principle in his moral | composition He was in favor of. and would unite in urging the adoption of any feasible and just plan which might be brought forward, for relieving the State from her indebtedness.
 He hoped the House would promptly reject the bill. Tho bill was rejected
 MT Armstrong introduced bill 10 change the name of Mary NJ Star to Mary Star Kennedy. so ss to constitute her the legal heir of Asa C. Ken nedy. Rules suspended and passed I
 Mir Watson introduced bill to change the time of holding the Probate Court of Union county rules