Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1854-01-15
TENNESSEE LEGISLATURE.
SENATE-MoRNIsG SESSION.

81 SATURDAY, Jan. IA.
The Senate met pursuant to adjournment.
Prayer by the Rev. Dr. EDGAR.
Mr. NIXON of the Committee on Claims, reported
on the bill for the relief of Daniel Mclean and re-
commended its passage The report was Concurred
in and the bill passed its second reading
Mr. Nixon introduced the following resolution in
relation to the removal OF the Indian Tribes west of
the Mississippi:
WHEREAS, The Middle and Western States are be
coming densely populated and are making continu-
al encroachments upon the Indian Tribes west of
the States of Arkansas and Missouri and, whereas
Congress has recently by treaty with the Sioux In
dian Tribes, acquired large and fertile country
lying west of the Mlssssipp river and north of the
State of Missouri thereby opening to the citizens of
the Northern States field OF enterprise. And
whereas the citizens Of the Middle and Western
States cannot participate in the settlement Of said
territory without wide departure from the lati-
tude in which they live:
Be ii therefore RESOLVED, by the General Assembly
of the State of Tennessee That our Senators in
Congress be instructed, and Representatives
requested to use all honorable means TO induce
Congress to cause treaty to be negotiated with
the Indian Tribes west of the States of Arkansas
and Missouri known as the Creeks, Cherokees,
Choctaws, Chickasaws, and Seminoles for the ces-
sion of the country now occupied by them, and
for the removal of said Indians beyond the Ozark
/
tory of Oregon, and that his Excelency, the Gov
ernor of this State, be requested to forward copy
of this Preamble and Resolution to our Senators
and Representatives in Congress.
Mr. HAvRoN introduced bill to prevent actual
settlers on land and to prevent frauds the Treas
ury by combinations Read first time and passed.
| Mr. PERKINS introduced bill to better protect
the bodies of deceased persons Read first time and
| passed.
Mr. BELL introduced bill giving the aid Of the
State to the Sewer Turnpike Road. Read first time
| and passed.
The Senate then took up the special order, it
| being bill to establish Conventional rate Of ln-
| tereSt. The question on striking out all after
! the first section.
Mr. DAVIS took the floor and spoke at length in
favor of the BILL and against striking out He took
| the ground that the establishment ola Conventional
Rate Of Interest would be relief to the borrowing
classes and would only affect injuriously the note
! shaving interest and he quoted, in support Of his
position, the ablest writers political economy in
! England and other commercial countries, and min
utely reviewed. the course pursued by the most
! commercial countries in Chrstendom for the last
| century, &C., &c.
Mr.. JONES took the floor and opposed the striking
| out, and advocated the passage of the bill in an
| able speech of considerable length, concurring in
the arguments of his friend Mr.. Davis and offered
other and further arguments in favor OF the passage
OF the bill At the close of his speech Mr.. Bowles
| took the floor, and made some remarks in oppos-
| ton to the bill.
| Mr. HAvRoN obtained the floor and spoke at some
length in opposition to the bill He believed it
would affect injuriously the interests of the poor
aud that it would operate against the credit Of the
State and the sale of her bonds &c, and that he
felt 1t to be his duty as a Senator on this floor to
raise his voice against the passage Of measure that
he believed would Cypress the many &c.
Mr. BELL offered an amendment to the bill pro-
posing to tax the lender in proportion to the amount
Of int rest charged.
Mr. DUNLAP, Of Shelby, took the floor and spoke
at some length in favor Of the bill. He said that
this bill proposed no than to place citizens
equality with the banking corporation, &c; he al
uded to the manner of raising money at the pres
ent time, and under the present law, by being COM
PEELED to shave off their best notes at discount of
from 20 to 80 per cent; he referred briefly to the
law in Louisiona, where they have a conventional
interest of ten per cent. and where the legal rate
on the ordinary business transactions of the coun-
try is but 3 per cent.
Mr. ROBERTSON next took the floor and spoke
in favor Of the bill, concurrng in the arguments Of
the Senator from Shelby, and offered additional
arguments in support of the measure.
Mr.. NELSON took the floor and spoke at some
length in opposition to the bill; he believed it to be
direct violation of the Constitution of the State
and subversve of the interest of the most numerous
class people and aduced arguments in support Of
these propositions &c
Mr.. FRAZER took the floor and opposed the mo-
ton TO strike out. He thought if the bill passed
at ALL thought to pass with the provisions contain
ed in the sections proposed to be stricken, &c. and
he spoke further in support of the bill.
Mr.. DAVIS took the floor, and briefly noticed
the constitutional argument Of the gentleman from
Knox
On motion the Senate adjourned until Monday
morning. 10 o'clock.