Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1851-02-06

ca at luis proposition coming IN, al TINS ate HOUR ne
expected find here until the very last hour OF the
session. The syren soug is again sung, that the Bank
make money educate the children Of the country
It proved him that the State Bank rotten and
corrupt and she wishes FIVE years extension TO hide her
deformty. He said, if this section passes. Delegates
will be branded when they so home with being bribed
Mr. Stevenson said he intended TO be calm despite of
the rawlings Of others He Stnte Bank man but
was beholden to e Bank cent. He cared not, so
far his wages concerned whether the State the
Bank paid them, whether they paid at all He
thought the charter should be extended because it would
benefit the country, in giving time to put other Banks in
TO operation Those who opposed this proposition are
as liable to be bought as those who support it. Mr..
Hamilton State Bank man in part. He one
Of its managers to certain extent and he pronounced
any charge that the Bank was and corrupt as
false. The gentleman from Tippecanoe was Of
talents but he denied that he of figures and
his denunciations were made at random. He did not
care whether the section passed not The subject
should be discussed calmly and deliberately. Mr. Doh
perfectly calm and surprised the excite
Of gentlemen. He had the least connection
with any Bank either Free State, except bank OF
earth down in Owen. He cared fig about the pay
of Delegates. He did not come here to make money.
There Just much that undue influence had
been used for Free for State Banks The discussion
was continued by Messrs. Kelso, Barbour, Coax and
Rariden when Mr.. Dobson accepted the amendment OF
Mr.. Bascom. Mr.. Cookery then offered amendment,
providing that the Legislature shall at the first session
under the Constitution, pass general banking law,
in which law they may extend the termination of the
present bank charter for five years The section, he
contended, would postpone free banking for five years
Mr. Gibson opposed the section, and surprised
its being brought this late period of the session.
The discussion was continued by Mr. Dunn of Jefferson;
when Mr.. Howe moved TO lay the amendment of Mr..
Cookery on the table which motion prevailed Mr..
Howe then moved to strike the section, and insert
section providing that the charter of the State Bank
shall be extended to the year 1862 the condition that
other State Bank shall go into existence after that
period Mr.. Collax moved to amend he original
ton that the general law extending the charter shall
be enacted the first under the Constitution
which was accepted. Mr. Bascom then moved the pre-
vous question; which ordered, ayes IS, 40.
The Convention then adjourned.
In the afternoon the question taken on Mr. Col.
faxs amendment and decided in the affirmative ayes 49,
noes Al. The question was then taken on Mr. Howe's
amendment, strike the section and substi-
tute extending the charter Of the Bank until 1863 but
no Bank with Branches shall afterwards be establish.
ed adopted, ayes III, So Mr.. Walpole mov-
ed to reconsider the just TAKEN which declared
out of order Mr.. Walpoe appealed from the decision
of the Chair when the Chair sustained The ques-
ton then taken on the adoption of Mr. Dobson's
section and decided in the negative ayes 60, 6s.
The section relation the preservation and encos.
\ Fl L. D., i
time; when on motion of Mr. Mcguire, it was recon.
mtted with instructions to amend, that the State
shall never sell the military ground the of the
canal at indianapolis.
The section for the consolidation of the education
funds to purchase State bonds laid on the table.
Mr. Howe offered section that the salaries Of Judges
shall be diminished during their continuance in of.
flee; which adopted and the section ordered to be
engrossed.
The section providing for taxing the stock Of plank
railroad and moneyed corporations was read sec-
ond time Mr. Kent moved lay the table, not car
ried, ayes 81, noes 50. Mr. Cookery moved to amend
by provision that the stock plank railroad turnpike
and moneyed corporations shall be taxed in the several
counties. the same other property-the roads be
taxed in the counties through which they run. After
discussion the section and amendments were recommit-
ted
Mr. Hall reported section providing for uniform
assessment and taxation Of all property both real and
personal, excepting such only for municipal educational
religious, charitable purposes may be specially
empted by law; passed to a second reading
The section permitting the several townships in Dear
born, Ohio Switzerland, &c. to their township
business at present, read second time. Several
other counties added; when, motion of MIR.
Stevenson the section laid the table; ayes g.
noes SO.
The Con venfion then adionrned