Semi-weekly standard. [volume] (Raleigh, N.C.) 1853-18??, 1857-01-10

Z Mr. Elliott amended by inserting repes, ~,
clauses prohibiting tho Public Treasurer to .. s
notes issuing notes of banks less than tx 'e'eVe
2, MIR. Elliott addressed the House at co,s;,
length in support of the BILL. He gave h; s,e
the legislation upon small notes, and den;aS Of
the ex ulsion Of small notes was a sneu that
measure in Virginia. 1t might be So in th" s.eslul
OF trade at Norfolk, but was not SO in the ins .
the State. The same cause operated in Nail nofcf
lima and thebanishment Of small notes wonl CARO-
IN specie He pointed out the evils of the ,n or'hs
system, and spoke strongly in favor Of the np essN
tho bill. : ! - ~ 'A' policy Of
MI. Hill, Of Halifax, was totally opposed - ,
suing Of small notes. The policy Of The S w. ne is
against it. The principle was wrong. R.n, a'e Was
was not money-only gold and silver coul5 I b. hoes
sidered money. The west had no rich, ~ oe Con.
system did not work WELL They never 70 say the
fair trial. In his section it met with annro gave TIA
experience had convinced them of it's vaIna and
Hill spoke at much length and with great ,h,:, Mr.
opposition to the measure before the Hone "y In
Mr.. Outlaw followed on the same side ana
forcibly against the bill He said he came sued
legisiate TOR the people. not for the bank. TLo1o
OF ~ per cent IN small notes would all fail on U
people. Inc system followed in Virgin, w"', Tue
well, and he hoped the Legislature of Sor Worked
ma would not take step backward =" oar0l
Mr. B!edsoe stated he was not acting &C ,oe
Of the banks, nor did he hold any bank sto tor friend
Their was he in favor of the principle of iSsn"' he
notes; but If such a measure was necess,,,s snai
eve the people, or they wished to have :. 20 fe'
should have their own, not foreign notes ~ 'ney
motion to adjourn being rejected
Mr.. Love wished to place himself riybf ,r,. ,
record AS an original proposition he womb h, uIe
posed to small bills but owing to the ueop
position of his section of the State con e:1plea
commerce was carried On between his cons,,'e
and the States of South Carolina, Georgia and
nessee Three-fourths of the paper cnrro,o. LII
in small notes from the neighboring States j, was
impossible to enforce the present law on tbo W.. WAS
Ject or to legslate the small notes of otbr sao
out of circulation. 0'a'es
The bill passed its second readinsyeas 81 NAYS 10
The following voted in the affirmative. 's o.
MeSsrs. Barnes Baxter, Bethea, Blanton pr,.-
Caldwell, Cansler, Clarke, Crump, Dis Hles " pi
Oft, Folk Foster Gather, Gentry, Glass, jaetn"
Hall, Harrel, Houck, Jones Leach of Davidson Ta.;h
of Robson, Little, Long, Love, Mabrv Nay,
March, Masten, Matthews, Mcintosh. M0r maa''
Mosely, Ogburn Pearson, Pickett, Ransom Po"
kim Richardson, Routh, Rushing, Scott Sbarna a's 81
ler Smawood, Speer, Stewart. Stiles TomInso Nh
Toms, Waddiil, White of Sampson, White of I,,,
Wilson and Yancy-61 '"'''0''
The following voted in the negative:
Messrs Badham, Benbury, Blow, Bri,lgers Bri,bt
Bullock, Gotten, Cox Of Jones, Dancy, Dargau na'
wilson, Eborn, Ferebee, Gillian, Green. Harorora
Hester, Hill of Stokes Hill of Halifax, uumnbrsrS
Holmes, Jarvis, Jenkins, Jennett johnson K eIy'
Lewis of Wake, Lewis of Nash, Lyon of Oareo'
Lyon of Granville, Mason, Montgomery, Outlasy'
Outerbrdee, Parker, Patterson, Pitchford Rand
Reeves, Rumly, Sauls, Scales, Slaughter, Settle
Switzerland, Speisht, Strayhorn, Slubbs, Tate
Thomson, Ward, Waugh and Withers-53
A message was received from the Governor trans.
hitting the State biologists report, after which,
The House adjourned at 2 o'clock