Daily Nashville patriot. [volume] (Nashville, Tenn.) 1857-1858, 1857-12-18
LEGISLATURE OF TENNESSEE.
SENATE.

THURSDAY, Dec. II, 1857.
message was received from the Governor upon
the subject of Banks and Banking.
Mr.. Jones prosecuted a petition from sundFy CT
tizens Of Lincoln county praying to be attached to
The sixth section of the code passed the third
time.
The bill to relieve against escheats in certain
cases passed the third time, and was transmitted
to the House, together with the bill for the benefit
of Calvin Atkins.
Mr.. BuIen of, red a resolution in relation to
books and papers in the Office of the Secretary of
State, belonging to the different land offices.
The special order being the resolutions referring
to the Hon. John Bell were called up.
Mr.. Walker offered the following resolutions in
lieu which adopted:
Be it Resolved. By the General Assembly of the
State of Tennessee, That fully concur with the
Hon. John Bell, to the duty OF Senator when
the voice of bis constituency have decided against
him on a question materially affecting their inter
ests
Be Il further Rescued, That in our opinion the
voice of Mr. Bells countrymen Of Tennessee in the
recent elections has eclBred against bis course on
the K4nsas-Nebraska bill-a question Of vital in
portance to the South. The amendment was adopt
cd.
The Senate then took up the Bank bill, known
the "caucus BILL !" and it vaTiousy amended.
The vote was then taken and the bill passed the
third and last time-ayes IA, no 8 6.
When the name of Mr. Davis was called, he
marked that no proposition had been submitted for
his action since he had had the honor of a seat on
this floor, fraught with many difficulties the
one now before the Senate While there many
propositions (said Mr.. d. in the bill that my judg
ment fully approves of, yet, sir, there are other
propositions that my Judgment dsspproves OF.
Under these circumstances my mind has been halt
ing as to what should do. believe It is idle to
think of relieving the people by legislation, at
least to any considerable extent yet sir, the cOun-
try is looking to this capitol for some action on
the subject of Banks, yes sir, my constituents
demand or expect some legislation on this vexed
question. The bill before the Senate, in
my Judgment Is the best ] have seen
10 fact think it more than probable this is. the
only bill that pass the Senate. Upon the
whole / have determined to vote for this PROPOSE
ton, notwithstanding the many errors l believe it
contains, yet sir, there many wholesome pr0Vl-
sions in the bil viii h l fear will be lost, If not
passed in the present shape. Especially DO far
the loss of the principles in the last section. Bit
ter az the pill is, have determined to swallow it
vote aye.
Mr. WhttboTne, remarked that before voting,
he begged the INDULGENCE of the Senate, explain
the reasons, which governed him. It was known
to the Senate, that he was, in his notions upon
the currency question, termed "hard." That he
desired to adopt, against some Of the banks, more
restrictions, than those proposed by the bill.
In some other respects it did not suit him; but as
he was convinced, that in all probability, other
bill could be or would be adopted; and holding
that it was better to do something than nothing
and, inasmuch as the people desired legislation and
certainty as TO the intentions of the legislature
and it was proposed by this bill to meet their de-
mand for relief, he would yield bis own peculiar
views, and in the affirmative.
Adjourned till 8 O'Clock.