The Caledonian. [volume] (St. Johnsbury, Vt.) 1837-1867, 1854-10-21
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ST. JOHN S BURY,
SATURDAY, OCTOBER ~. 1881.
TIL. Y.!.EISLATIlti...

The present legislature have commenced
the business e Ike session III earnest The
beginning is not Euch like that of last year.
We ike tie new fashion, ana so vii! the poo
pie if it is only persisted in. Four weeks Will
hc ample time 70 TO well all the business re-
uuircl of them Tie election of Senators 50
early will facilitate other business. \ dis
tracing question is thus pat to rest. New
Banks are called for. as will be seen by :hc
Introduction of new bills. The cal! seems
not 70 hc alatc,l Ipy the large increase of bank
carital last wear. The legislature ought 10
exercise sound discrimination in this matter.
Calls for banks come from two parties one
FROM the public whose local business demands
bark E,ili:irs the other, from men who
want the stock to speculate upon. They have
not the capital to invest. They borrow from
other hanks 10 paw the frs: and perhaps FUR
tIcr aS:c< merits. :hcn sell on. at from four 70
six dollars a!,an"c per Share. rockrtinr
hundreds and thousands Of dollars They
are then ready 20 90 TO" more banks. ]:
members Of the legislature. they will hc found
aIvocati, a batch Of new banks. and Tie
true reason for :hcir dong so Is not general
" understood. They are either NAMED in
tie Board Of Comm; s>oncr>. or have lromi-
Scs Of .ooI dip" in the stock those who
manage it, Ii Lobby members they
are ac,ua.cd hv IL" same d;>ntcrr>tcd mo-
tivcs. They succeed The books are open
ed for stock. Tie law provides for a Just lis
trihution Of it among applicants All appears
fair but lv and hv Hon. Mr.. somebody or
Colonel or General somebody. or Squire
somebody. perhaps Commissioner. mem
Der of the legislature. or Industrious o"'-
slider, has 80. 100, l25 or may be 80 share.
in the new bank, and Mr.. somebody else.
whose funds were not borrowed. and who
wan,cl the stuck 10 retain in his own hands.
finds the appropriateness and very 'o,o<' heard
Of Commissioners have awarded HIM I, ,. and
perhaps 3 shares Thus il is LAX stock i,
distributed. These monololi>t> Will lc found
every year calling for new banks They vii.
he found in or hanging about the legislature.
and Nv combinations they secure charters and
take three -tour,hs of the stock Themselves
! The Commissioners named in the tili are ar
ranged Ivy them so as to divide it in this way.
There is another public who 90 not want
such banks. The people do not want them.
and the legislature should lool: well to ,hc
matter We are in favor Of rev a ks where
they are actually necdcl by the paddle, hn'
when such are granted, the legislature should
see to it that a hoard of honest men is put in
CHARGE of tie distribution of thc stock. Al
low no member of the Legislature to be named
rs a Commissioner, nor no lobby mcnlcr.
and no one who is the tool Of elixir; bur
mike it up of men known to be honest IN
their private business and .arah'e of bclng
50 in any public business entrusted TO item.
Unless our legislature begins a reform IN
lh. particular, and ,l.at soon, we shall be IN
the condition of Michigan under her 'wil!
cat" system Of banking.
FovSp D:Ar.-T The body of Mr.. Moses
Graves was tound in pasture belonging t"
Mr. WiHt:lrcr True, alout cnc n!r east Of
our Office. on Friday of last week Mr..
Grave. belonged in Kirby, and was % years
old lie left home some days before, to visit
friends, and anon. them a daughter residing
in our village. The Tuesday preceding he
dincd with an acquaintance, MIR. Lee of Wa
tcriortlattcr which lie visited the State Ledge
and towards night passed the house of Mr.
Quincy +. Parker, in this town. lie was
then on his way to this village, and to Gu;
short the distance, left the road to pass t!rouch
the pasture where he was found \ jury of
Inquest was summoned by Mr. Justice Kit
tired &c, v no rendered verdict OF accidental
death. He was found lying on his face.
graspins lis cane with one hand, the other
hand was partially under his body. There
was 10 cyidcnre o: the slightest struggle after
he fell. lie had been sal je,t to sudden turns
Of illness, and the impression prevails thar.
through WEAKNESS one of these NAV have !
been sulcrinduccd, which ended in death.
ta' On the 23d Of September, we publish
cd The death, in this town, of a young lady,
OF the name Of Geraldine Ready, of VOLS
town, Canada. We learn that at about TIL.
time OF hci death, a sister of hers left her ia
Tiers house III Wo!!,,own to call upon neigh
Dor, sa, Ing as she lct!, size would return in a
short time. In going to the place o. her DIES
tra,ion, Size could shorten the distance by
passing through fields and woods and a,tcm,t
Ell to 60 50. Faiiin" to return in due sca~o,
search was mad, aud three bears were found
feeding upon her body. 1t was but few
days after his event, that he. parents rccc,-
cd notice OF the death Of Geraldine. i
y I"hD I!tM.-S Some DAYS since. a cid
zcn "i ctr village was making an excavation
il! the carll fer !, cis,crn and !.a,iur rracL.
%! Il arptl. Of four or five feet, toad wa.
found coxiv locatd in hole Just Lir e.
ao"-h 10 contain lis body. Upon being dis
tnf'Al tie toad Lc!rcd as i.iuiIy a. any 9th
[" live toad. The earth vas so!i.! .!oyr.aul
y, u