The Arkansas banner., 1850-12-03

Think yon. ss. thes thas naan viii ,.rn ,..,a ..a give four hundred dallars for aaother tract o .nS .hhs the same unssttanAie circumstances threaten him sgniaf No, sif. he will leave vour Stat. .nS go in search of more promising locs.os. ssJ h". sir. coRcsive the principle ead that ws expce. <, accomplish by the homestsad exemption policy will be less. "T
 if we adopt the policy proposed by he Senate, From Jefferson. and exempt all gual esate frar. eatsot. a my opiaion we shall split ea the craarv cssiis oi the opposite exiFeme. All the grand I'd suits that the Hon Senator persusdss himself. and would have as believe would eaw ia upon us bv the adoption Of his aHnndmens. are visionary and deassve, and the very opposite from what he earn. es,ly expects and caateaspIaisa would follsw.
 he consequences whieh would necessarily inflow the exemption ot ai lands within our borders from execution, would be ta build up landed st once. which woald grinj the faces og the poos and hold them in complete sab|eeiion, for hait of injury 10 come. Tine ksne eyed specalatot would see at glance tse tendency ol the measure appreciate inc price of lands anu eur whole eobsic domain. would iah into the hanis oi eapitalis 2; to be deatou ny them to eigrants al exoshisant which would evidently ie,ard emixra,ion. rather than encourage ihs settlement aRs Improvement of oRr Slate. Having shoEn sE that neither the oriyi nal bill, nor the substitute pToposed hy the Sapaos t'om Jefferson, has any proper adaptaiion 10 the ends desired, come How to she consideration of the amendment ! have hrst had the honor h o6er, which proposes 10 exempt le0 acres of land. one town lot, the sase may be- fTosn sxrmption without regard io value. Adopt thss amendment, and h my humble apininn, ali the great ends pro- posed 10 be accompllsaed, by the measure aAsisr discussion will ioliuw as necessary eoaseaaenee II at once makes petniAnen, provision for the tashsr less and widow. tile wives and children ol tAe an- fortunate and, places within the reach of ali the means of an edncatiop, and comfortable support, invites enigrants te oaf State; encourage imifeye ment. and applies a wholesome corrective 10 that sIiutieg and deceptive system of credit that has destroyed thousands of our bcs, aud most useful rtiEens.
 MT Izard commenced to reply, when
 Mir McCisin followed with some remarks in fa- vor of the original bill
 Mr Biliingsiey moved tho previous question, but a, the request of MT Izard withdrew his motion.
 Mir lzard continued.
 Mir BiIIIngsiey moved to lay Mir lizards amend. nent on the table.
 Mir Poindexter said that it was a matter of i'm portance and he hoped Senators would not be ian. patient to get rid os il, He understood the qaes. ton to be upon an amendmen ut which was substi- ute for the whole bill. Ho had some objeciion to the substitute as resented by Mir Barrow The head is large enough. the neck is appropriate bat the body k beautifully small. He might appear 1t. lle o6-fashioned iH his remarks, but he believed he had not dscerned that he had failed ln his mind; he illustrated this by aA amusing aaeedote. iie said that this substitute would cut off all the reve- nues from the taxes upon lands owned by non resi- dents. because hese lands could not be sold for He was Interested by the eloqaenco of the geutIe- mah from Jefferson Mir Burrowl who advocated measa .es which, 1t had been argued, would bring aaOut utopian state of sfflirs--would render un- necessary clerks, sheriffs, courts and all laws for the collection Of debts but he believed we were not yet ready for this state of atIalrs--he thought we had need for good, stringent laws 10 protect the weak from the strong. What is the object of this biil3 It is to protectthe poor nan. Hs coniended that at least ihFre-foarihs of all the people of Ar kansas were now living In cabins worth less than Soo0. aud Il was good policy to protect this class os citizens. IL would give them indepen dence-- an interest in the soil and n.ek him more ready to defend tine institutions of Inc State. If at one blow ail the credit system was swept away. 1t would fall heavily upon the poorer class of our citizens upon those who have need Of credit for the actual necessariss of iri If this done we woald drive oil From our Slate great portion of that mass of emgrants who are now rushing to US, to find homes among Us and to become in few years good. substantial citizens aud honest tax payer.
 He was wiling that bachelors should be ex exempted if at the aalus tDe they file with the clsrk their fer tie benefit of the law, they shall also fife cerifeais from at least half dnSen un- married ladies 'hat they had been rejected
 The question was takea on Mir izard's amend meni and The amendment was lost
 The question taken on the anne sdnient of MF Burrow. The syes and noes were called aud tie ame ndInent lost
 Nh underhili moved that the bil be referred 10 select cominitee-agrsed To. Said committee 10 ha composed ef Messrs Underhfi, Hury Poindexter McClain. lxard and Watkins.
 MT McCamy offered a resolution for the relief of Henry N. hector, which was adopted.
 Gu metion of Mr Rector, the Senate adjourned.