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

of universal suffrage against the Constitution and
might endanger its adoption He entered into defence
of the aboltonists party that they were, many Of
them, of character and integrity, and who had
abiding love for the Unon and would go for its
destruction These men had been called faction here.
Such not always TIE case They were frequent
ly courted by politicians of both parties. Mr. EDMoN-
sToN not in favor Of trucking to the friends of ne.
gro Suffrage for fear they would against the new
Constitution. They were faction with whom he had
never had any connection In Congress, last winter,
where they held the balance Of power between the
parties, they had prevented organization for weeks
and in other respects had cansed nothing but trouble in
the country. He would resign his the floor OF
the Convention before he would pander such fanatics
Mr.. KILooRE sad that he would have been in favor Of
letting the Constitution remain as il is but agitators
had here and in favor of preventing an emil
grafton Of negroes the State. This had caused the
present movement of reference to the people Mr.
KILcoRE then entered into history of the and pro-
gress OF the ireeso party Of the course of Mr. Van
Buren, and of the positions of the Wing and Democrat
ic parties in Indiana. He commended that there was
ono here who in favor of placing tia negro an
entire equality with the white There might be
property qualification qualification of education He
was not in favor of this, Constitutional provision
but that it might be left open question for after egis-
lation Inducements, in his opinion should he held out
for improvement. He asked, whether there were not
hundreds of the negroes in Indianapolis, who were
better able Judge of free institutions than many
of the foreigners who had resided only two years
amongst us He was not opposed however, foreign
voting after remaining proper time in the country
With his Kentucky prejudces, he could vote for
negro suffrage; but lie might change his mind, and he
wished the question be kept open for after consider
alton Mr.. KENT moved the previous question;
which being sustained under the rule of the Conven-
ton, was first taken on the amendment of Mr. May;
which was not adopted The question was on the
amendment of Mr. Berry striking the original resou-
tion aed inserting amendment providing I" that me-
and mulatoes shall be eligible at the sever
al elections in this State 2 which amendment was not
adopted, ayes 1, (Mr. May) noes 1872 The question
now coming up, on the adoption of the resolution as
originally offered by Mr. Colfax for an enquiry into the
expcdency of separate of the people, on the SUBJ
ect of negro suffrage decided in the negative ayes
60, 62. An imperative resolution heretofore laid
over now up, that provision be inserted in the
Constitution preventing negroes from giving evidence
against white men which resolution was adopted ayes
70, not counted-thus settling this question
of amending the Constitution so that there SHALL here
after he charters granted for Banking purposes in
ternal Improvements, unless reasonable share of the
proceeds be set apart for common school purposes ;
adopted By Mr.. ALEXANDER in relation to the organ
zation of Probate Circmt Courts; adopted By Mr.
SMILEY, in relation to contested elections of members of
the Legislature, by providing for properly constituted
to try the same in time for members take their
seats: adopted. By Mr. MILRoY, as to the expeden
cy of adopting volunteer military system; adopted.
BY Mr. PEPPER of c., that separate propositions shall
be submitted the people in the amended Constitution
adopted BY Mr.. RoDINsoS, for a clause in the new
Constitution that person shall he put upon trial for
criminal offence punishable by confinement in the pen
tertiary except presentment or Indictment and the
grand jury shall not have cognizance of petit misdc
meanors, not punished; lies over. By Mr.. JOHNSON
that the first session under the amended Constitution
shall not be held until January 1853; lies over
Mr.. MORRISON of Marion offered the following reso-
luton which read and ordered to be printed towit
Resolred, That the committee currency and Bank
ING inquire into the expediency of reporting provision
IN the new Constitutions embracing the following povis-
ions:
lst. That the Legislature be prohibited from passing
any law granting any special charter to any person. per-
corporation for the purpose with the power
TO issue bills Of credit for general circulation as
currency or for any banking pupose whatever.
ID. Corporations may be formed under general laws
All laws governing or regulating corporations, grant
ing any rights or franchises, taking any privileges
which the people may wish to reclaim may be altered.
amended or repealed, by the Legislature The officers
and stockholders OF any bank banking association
poration, shall be individually liable for all debts notes.
issues and obligations to pay money, incurred by said
Bank ASSOCIATION corporation during the time OF the
service of said officer while any such person was or
may be n stakeholder.
3d. The Legislature shall mass no horizno or
sanctoning the suspension of specie payments by any
person, association or corporation
4h The Legislature shall restrict all persons
lons or corporations from issuing any bills notes. to
circulate money, until such person, association or
corporation shall have first given ample security he
deposited with proper officer of State, either gold
silver in State United States stocks bonds
such stocks and bonds. bear and pay full and legal
rates OF interest and the of said stocks or bonds
to be fully equal to the amount of bills be
issued and circulated by said person. association
poration 1t shall not be lawful for any person. assooa-
ton corporation to issue put in circulation
ney. any BILL bills notes, without the been
regularly registered Ivy the proper officer of State and
he the said officer shall have numbered and countersgn-
culation.
9TH In the of the insolvency or suspension of
any bank or banking association the bill holders thereof
shall be entitled preference Of payment all other
creditors of such bank association.
9th. The Legislature shall provide, BY law that
transfer OF the property assets obligations OF the debt
ors OF such person. association corporation shall he
transferred to preferred creditors any other person
persons, whereby the properly, and of
said bank, shall be diverted from the payment of the
notes. bills issues and obligations of said person. asso
citation corporation
i 9TH. Tho Legislature shall provide for the creation
and existence OF such necessary supervisory power
the part of the State, will insure knowledge of the
proceedings and condition of all banking institutions
which may be organized under the laws of the State and
shall retain such CONTROL through State Directory
as may lie essential to the safety Of the people.
Sth. The rights, privileges powers, and franchises Of