Camden journal. [volume] (Camden, South-Carolina) 1852-1852, 1852-12-07
DECEMBER 2. 1852.
DECEM
SENATE.

SENA1E.
s Mr.. Chesnui, from the Committee on Agri-
culture, submitted an unfavorable report on the
Resolution offered by the Senator from Union,
in respect to the expediency of passing law to
keep stock within an enclosure, in order to obri
ate the necessity of other fences.
Mr.. Moses, from the Committee on the Judi
ciary, submitted unfavorable reports on the bills
to increase the number Of Magistrates in Marion
and Lancaster Districts.
Mr.. Mazyck, from the Committee on Finance
and Banks, submitted an untavorable report on
the petition of the Stockholders of the Hamburg
Bank, for the renewal of their Charter; also a
favorable report for the Incorporation of the En-
change Bark in the town of Columbia.
Mr.. Huey submitted the presentment Of the
Grand Jury of Lancaster District, for the Fall
Term, 1852; read and referred.
The General Orders were suspended. for the
purpose of receiving communication from the
Hon. Josiah j. Evans, accepting the office OF
United States Senator, and resigning his seat on
the Bench.
A bill to prevent assaults with concealed wea-
pons. was agreed to, and sent to the House of
Representatives.
HOUSE OF REPRESENTATIVES.
Mr.. Leitner, from the Committee on Internal
Improvements, reported in favor of bill to au-
thorize the South Carolina Railroad Company to
construct bridge over the Congaree river; also,
a bill to alter and amend the charter of the Man
chester and Wilmington Railroad, with recon-
mendation that they do pass.
Mr. MCGOWAN, from the Committee on the
Military, rerorted unfavorably on bill authori-
of tbo;r
fines also, on bill to diminish the duty and
reduce the salary of the Adjutant and Inspector
General.
Mr.. Crosson, from the minority of the same
Committee reported in favor Of the latter bill.
Mr.. j. B. Campbell introduced bill to define
the line of the Channel of the Ashley River adja-
cent to the city of Charleston.
He also offered the following resolutions, which
were ordered to be printed, and made the spe-
cial order for tomorrow at l O'Clock.
Resoiyed, That the Banking Capital already
invested in the chartered Banks of this State,
ought not to be diminished, and that existing
Bank Charters, where no abuse of their chartered
privileges or violation of duty is charged, ought
to be renewed; but where there are, or hereafter
shall be, two or more Banks in the same town or
city, it is good policy that the amount of Capital
Stock of each shall be the same
Resolved, That it is against sound policy to en-
courage by chartered privileges, or otherwise the
aggregation of Capital for the purpose of send
ing it abroad to be engaged in adventures in no.
wise connected, except in rivalry with the Agri-
culture, Commerce, or Manufactures of this State.
Resotred, That the practice of sending abroad
large portion of our Banking Capital periodi-
cally, each year, for the purpose of dealing and
specializing in bills of Exchange based upon the
purchase of produce and Merchandise which new
er reaches any market in this State would nc
cessarily cause contractions and expansions in
Banking affairs, prejudicial to mercantile enter
prises and to our great agricultural staples. and
that such practices ought to be prevented by
provisions in all future Bank Charters to be
granted or renewed by this General Assembly.