Semi-weekly standard. [volume] (Raleigh, N.C.) 1853-18??, 1855-02-14
EVENING SESSION.

Mr.. Outlaw presented a resolution, "Ihat the
bills to re-charter the Bank of the State and the
Bank of Cape Fear be made the special order OF the
day, after the passage of the resolution and CONT
nue. so until finally disposed off,
Mr.. ID. F. Caldwell moved to insert People s
Bank
MIR. Baxter offered, as an amendment, that the
bills concerning the Cape Fear and State Banks be
postponed until the the other bills disposed Of
Rejected, yeas 81, nays So.
Mr. Singeltafy moved amendment, " That all
public and private bills be taken up in order as on
the file, until disposed OF. Rejected, yeas H. nays
90.
Mr.. Hill offered an amendment that the consider
alton of all the Bank bills be postponed until all the
other bills disposed Of Rejected, yeas 80, nays
Mr. Whitaker moved to take up the bill concern
ing the State Agricultural Society. Rejected, yeas
%, nays 70.
Motion to amend by inserting the Bank of Ply
mouth and Union Bank rejected.
Mr.. Amis friend to the State Bank, moved
to lay the subject under debate on the table. Re-
jected yeas At, nays As
Mr. Mordeca much excited, moved that the I" Peo-
pies Bank" be indefinitely postponed, and stated,
amidst much confusion and excitement, that as the
object to put down the Cape Fear and State
Banks, Messrs. Callwell's and Baxters Bank ought
to follow them.
Mr. SngeItary moved to amend by adding the
Cape Fear and State Banks in the motion for indei-
mite postponemcnt. - agsa Il n. =sa.. 8
Mr. Mordecai, in answer to some remarks from
MI ~. f. Oaluhe4i Sdlu lle So"OO
Railroads but not dollar in Bank stock, and
withdrew his motion
Mr. ID. F. Caldwell said his motives were impugned
and his object Iiisrepresented, and declared solemn
ly that he not in the least Influenced by person
al motiyes-the pubic good was his only object.
Mr. Baxter commented very severely on the man
in which the branch banks managed, and
instanced some occurrences which came to his know
ledge
Mr.. Outlaw defended the b anks from the charges
made against them, and thought it unfair that all
should suffer by the imprudent act of one officer
Mr. McKesson said he regretted exceedingly that
private conversation with private friend should
be spoken of before this General Assembly. 1t Is
due Mr. Speaker said Mr.. Nick, to state to this
House the facts as they occurred; this private
TRANSACTION the gentleman alluded to purchased the
with his private funds his private draft on
his private friend in New York. So far as my own
knowledge goes entirely disconnected with the
bank. | should have said nothing, said Mr.. Mex,
Justice to myself and to the branch at my town.
For fear that member may entertain erro-
neoils impression [ state publicly have cause to
complain.
Mr. Baxter commented on the statement made by
Mr.. Mckesson, and charged rartiaty and Iavoritsln
for political purposes upon of the branch banks.
Mr. Jenkins defended himself from some remarks
made by Mr.. Baxter.
Mr. j. G.. Bynum commented on the remarks of Mr..
Outlaw and charged that the application of the Cape
Fear and State Banks made to suspend the Ne
cessity of new Banks, and thus procure monopoly
of banking throughout the State. Mr.. Il. said the
Cape Fear Bank was of some service to the people
of the State, but denied that the State Bank of
the slightest public benefit.
Mr. Winston spoke in favor of the present Banks
until the Speaker announced the hour for recess.