Fayetteville observer. [volume] (Fayetteville, Tenn.) 1850-1966, 1855-12-06
L e q rs L ALIVE
MospaY. Nov. IS. 1855.

In the Senate, in the morning. a
joint resolution, introduced by Mr..
Atkins, was adopted, instructing our
Senators, and requesting our Repre-
lsentatiyes to procure, if possible, the
passage of a law making an appropri-
alton out Of the National Treasury, or
granting public lands to levee tie
Eastern Bank of the Mississippi river
from Hickman, in Kentucky, to the
mouth of Wolfe. The resolution sets
forth the fact that the prosecution of
this improvement in the States of
Arkansas and Missouri, at the ex-
penss of the Federal Government,
has increased the overflow of lands
in Tennessee greatly to the detri-
ment Of the interest of Tennessee
farmers on the banks of the river
Dir. Ballew introduced resolution in
lstructing our Senators and re-
questing our Representatives to aid
in the passage of a law granting a
pension to the soldiers of the war of
1872, and other Indian wars. Sem
ate Bill to suppress the circulation of
all small notes, after being amended
so as to exempt the Bank of Tennes-
see and Branches, from it's operation.
passed second reading-ayes II,
noes 8. Mr.. Cheatham introduced
an important bill to equaIize State aid
under the internal improvement law,
so as to aid ia building bridges, which
was ordered to be printed; and Mr..
Atkins bill to define the months in
which the common schools of the
State shall be kept
/ In the House, the bill to repeal the
iproyiSo to the act of 1854, amending
the act regulating county subscrip-
tons for Railroad stock, and the bill
to regulate and establish a uniform
rule of costs, were passed on third
reading respectively.
: TUESDAY, Nov. 81.
! Ia the Senate, Mr.. Hail, from the
Committee on Ways and Means, re.
ported bill in pursuance of Reso-
luton directing that committee to en-.
quire into the best way to provide
for the payment of Sl25,000 State
Bonds issued for stock in the Union
Bank, due January LIST, 1858, and
$4,000 of Bonds issued for building
the State Capitol, due April LIST, 1858
The till provides for paying these
bonds from the bonus and dividend:
to the State of the Union Bank, ant
in the event this should be INSULT
cient, the residue to be made up from
the dividends of the Bank of Ten
nessee. The Committee on Bank:
reported the bill to bring the election
of Directors of the Bank of Tennes
see before the Legislature and recon-
Imended its rejection. The report
was concurred in. The same com
mittee recommended the passage o.
the bill to repeal the amendment o.
last session to the Free Banking Law
which allows banking upon county
bonds, endorsed by the State, and the
bill passed second reading. The
passage Of this bill into a law will re-
suit in requiring persons to bank ex.
clusively on State bonds. The same
committee recommended bill in lieu
of the bill to repeal the Free Bank
ing Law, which places additional re-
strictions around that law, which was
discussed at some length and finally
rejected, and the bill repeating the
Free Banking Law passed second
reading, ayes II, noes II, as follows:
Ayes--Messrs. Atkins, Ballew,
Bowles, Caldwell, Dean, Rodgers,
Steele, Whitthorne, and Mr.. Speaker
Cheatham.
Noes-Messrs. Carter, Ellis, Fetch
er, Hall, johnson, Mcfarland. Pal
more, She'd, Smith, Stokes and Tur-
ney.
Messrs. Brown, of Giles, vand
Hitch, of Anderson, being. absent.
Mr.. Stokes, from the same commit
tee, recommended the passage Of the
bill to repeal the charters of the Shell
by vile Bank and the Agricultural
Bank of Tennessee. The report and
bill were tabled. Senate bill to re-
strict and regulate the business Of sha-
wing, making it unlawful to shave or
discount at a higher rate of interest
than ten per cent, was amendedso as
to give grand juries inquisitorial pow
er in the execution of the law, and
passed second reading, ayes IL, noes
10.
In the House, good deal of local
business was transacted. A series Of
in regard to the nullifea-