The Daily spy. [volume] (Worcester [Mass.]) 1845-1850, 1850-02-19

of the popular branch of the Legislature illustrated
in the votes given last year and this the question of
restraining corporations from issuing stock under par
that, Whereas that policy steadily sustained last
year. has nevertheless, this year been voted down.
We believe, however, that the Egis is under mis-
take, and that the action of the Legislature the
sessions, has been very similar Last year, refused
to pass general la,c the subject, but affixed the pro-
vision in each particular case, it presented. So
it has been this year. The bill for general law, on
the subject ,cas voted down, chiefly we apprehend,
from fear that corporations already deep
IL involved, as to be unable extricate themselves in
any other way, and that it might operate njmously
them. But in one half hour after that vote was gven
bill came up to establish new corporation, and the
proviso affixed by decisive vote and that
action has been followed ups by attaching ttoevey bill
of the kind and by maiorities decisive, that
now thinks of asking for count the question.
The prevailing feeling in the Legislature is, for re-
strctng rather than enarging the powers of corpora
tons, and, on Monday section was added to the bill
increase to capital of the Boston and Worcester r.
R. Co. Providing that no dividend should be paid
when the floating debt of the CORPORATION shall exceed
five per cent on the amount of the capital.
REFORM MEETING. We would call the special
attention of our citizens the notice for an adjourned
meeting at the City Hall, this evening, to hear the Re-
port of the Committee appointed take into consider
alton the state of morals in the city. The subject is
one in which all good citizens have Deep direct and
Abiding personal interest," and every should do what
he may, to stem the tide of pollution which is setting
in upon Let say, that it does not affect him
NAV not hut II
directly, and able to tell how soon it may be
brought to himself than he would wish At all
events something must be DONE or the moral condition
of the city will be brought to low ebb Turn cut,
then, to the meeting, and consider what shall be done
ABANDONMENT OF THE WILMoT PRO
VISO.
That the matter may be seen in its ceares light re-
spectg the recent change position of the Northern
Taylor party upon the slavery question, we take the
following paragraph from the late speech of Henry
Clay, Gas published in the 1Egs and other TAYLOR pa
pers, and much commended by them as the basis of
union in future, of the 'great Wing party of the coun-
try)
"Mr. President, the next resolution in the series
which have offered, | beg gentlemen candidy now to
look at was aware perfectly of the pers ever
al.s with which the Wllmot Proviso insisted upon.
know that every of the free States of this Union
without exception, had qy its legislative body passed
resolutions nstrucng their Senators and requesting
their Representatives to get that restriction Incorporate
ed In any territorial government which might be esab
hshed under the auspices of Congress- | knew how
much, and regretted how much, the free States haC
put their hearts upon the adoption Of this measure Ii
the second resolution | call upon them to WAIVE
PERSISTING IN IT. ask them, for the sake o
peace and in the spirit of mutual forbearance to ohe
members of the Union, to GIVE IT UP-to NC
LONGER INSIST UPON TITO, as they must see
if their eyes OPEN the dangers which lie ahead
they persevere In insisting upon it..
This, then, is the grand basis upon which the new
Clay and Taylor policy is to combine in harmonious
action the adverse sections of the great Taylor party
the Union--by which all agitation of the momentou
question Of the Restriction of Slavery, is to be smoh
cred, and sienced. The Wilmot Proviso is to be
ABANDONED. The Northern Wings are to "wA1vl
PERsIsTING IN IT." They are to g NO LONGEF
insist upon it." In lieu of they are to adopt slave
holding "coMPRoMIsE," leaving the greater portion
Of the new territory open for the immigration of thu
''peculiar institution Truly did Henry CLAY declare
in his speech, concerning his resolutions that while il
of them he claimed that the concessions of for
bearance are mutual,'
''In reference to the slaveholdng States there are re-
solutions making concessions them BY the orposit,
class OF States without any compensation whatever be-
ing rendered by them the non-savehoding States
YetNorthern doughfaces are ready to sanction thi.
nefarous Compromise to reject the long cherished
principles of Freedom, and follow blindy in the
wake of the slaye-propagandists. c.
HARMoEIsTs' CONCERT. Those who d;l moi
have the opportunity 10 hear the music at Brincy Hall
last evenings will be happy to hear that the same per-
formers will give another Concert this evening" at the
same place. The double character in which the Der.
formers appear gives opportunity for the gatfca-
ton Of greater diversity of tastes than is usual a,