The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1851-01-24


brate the anniversary of Franklin's birth day,
by supper at the Palmer House.
In the Senate, on Wednesday, Mr.. Eng
lish, of Scott, took the chair by resolution, TO
occupy il during the absence OF the President
of the Senate. An invitation was received
from Hon. J. d. Bright, and accepted, to at
tend his party at Masonic Hail. on Thursday
evening. A report was received from COM
mittee, and concurred in, that it was deemed
incxpedient to reduce the number of Senators
and Representatives. The Senate proceeded,
with closed doors, in accordance with for
mer resolution, to the election Of State
Bank Director-Wm. Daily was reelected.
A resolution was passed for the Legislature
to adjourn on the Ord of February.
In the House. on "Wednesday, temper
ance petition was presented by Mr.. Hutchin-
son, which was referred. Mr.. Pratt submitted
report from a select committee relative to
to the proceedings and probable expenses of
the Convention. The report is quite lengthy,
and is an able document. Ii hints in very
plain language, that great deal Of time
has been wasted in making reforms that The
people do not want. 1t hesitatingly recon-
mends an appropriation of S37, 81 to pay the
: expenses Of the Convention, up to the 1st of
March, after which time, the report says, that
; "a sense of patriotism should induce the dele
gates 10 labor without charge. The House
ordered 5000 copies Of this report tc be print
ed. A bill was passed to change the name
of Perry Cotton Mill, and for other purposes.
also to incorporate the Canneton Levee and
+. Draining Company. A bill to amend an act
incorporating the Cannelton Savings Insti-
tu,i,n, was indefinitely postponed. They
proceeded, with closed doors. TO elect State
Bank Director-Wm. Daley was elected by
40 to 46 scattering. The vote TO print 5000
copies of Mr.. Pratt's report relating to the
expenses. &C., of the Convention was re-
considered. After some debate 100 copies
Tor the use of the House were ordered instead
of 5000. The Democrats had talked the
matter over, and came to The conclusion that
IT was no big trick to make capital. They
said they did not wish TO commit suicide
hei c. the cause Of their re-cOnslle riug.
In the Senate, on Thursday, Lieut. Gov
ernor Lane in the chair in the afternoon, J
they were acting all day in reluiion to amend
Jug the charters of Madison Insurance Co.,
aud Bedford Insurance Co., and some qurs-
tons arising thereiiom, Of the rates to be
charged in dealing in bills Of exchange,
notes &C., and several points OF order, which
il took considerable time io decide.
In the House, OH Thursday, Mr.. Hutchin-
son presented temperance petitions, which
were referred. MIR. Pratt reported back ii
bill to amend the practice of law, SO as to al
low defendants to offer TO confess the amount
of damages, which passed TO its third read
ing. A report was made, and concurred in,
against the expediency of lcgslatng OIL the
subject of the corporate limits OF Lamasco
City. A bill was introduced by MIR. McKiver,
and passed to ii second reading, relative to
the election 60 fill vacancies) OF Commits
sioners in the Counties Of Perry and Dubois.
The r, solution oil the Senate, to adjourn
on the 81 of Feb next, was coEcurred in,
with an amendment: Provided that the
business be completed" A joint resolution
was passed the House relative to improving
the Falls OF the Ohio on the Indiana shore.
In the CONVENTION, on "Wednesday, the
compromise section came upand passed, after
some Efforts to amend, by 81 to So. 1t is us
follows:
The Legislature shall not have power
to authorize any system of Banking, except
J under general law, based Oh the principles
Of ample security for the redemption OF the
bills in SPECIE to be filed with some State
officer. registry OF notes. preference Of pay
ment TO bill-holders, in case Of insolvency,
and individual liability of stockholders to an
amount equal with their stock.
I Provided, however, That the Legislature
r may have authority to charter a bank and
branches without collateral security rs de-
scribed above); which branches shall be mu-
, tually responsible for each others circulation
the stockholders Of which shall be ind vidu-
ally liable TO an equal amount with their
stock, and in which the State shall not be a
partne. But this shall not be construed TO
prohibit the investment of the Trust Funds,
ilelr safety TO be suitably guaranteed.'
A section providing that no suspension Of
specie payments shall be sanctioned, was en-
crossed.
On Thursday the question oil capital pun
lshment was left TO the Legislature. The
section prohibiting cruel and unusual punish
ments excessive bail or excessive ines, pass
ed, by 12S to 6. A section was reported and
ordered to second reading, in relation to
future amendments to the Constitution, pro-
v.ding that they shall be made by the Jout
action of the Legislature and the people.
section was reported back and amended,
, relative to the pardoning power OF the Gov
crnor, and cngrossed.
The section which provides that chartered
Banks and those organized under n general
law, shall wind up IN twenty years from their
= organization, PASSED by lU7 to s.
The Legislature will sit as long as they
can get So per diem, which Is six weeks
There is it is said, less local legislation this
session, than for many years previous. The
only business OF any great importance is that
d of apportionment aud re-assessment. | think