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

3 Mr. Ferebee suggested to postpone to Thursday.
Mr. Huniphrey's motion was adopted-yeas 4S,
nays SO. - ~fs2
Mr. Caldwell presented memorial from certain
citizens of Raleigh against the extension of the cor
porate limits.
Mr.. Humphrey, as chairman Of the committee on,
claims presented a resolution in favor Of William
Peace.
Mr.. Baxter from the select committee on the bill
to charter the Peoples Bank reported it back with
amendments. lk
On motion the bill and amendments were ordered
to be printed
Mr.. White of Cabarus, presented a resolution
concerning the commissioners appointed to enforce
the collection of the revenue.
Mr.. Mcintosh presented resolution that the lite
rary board loan the United Baptist Institute, at
Tayiorsville, sum not exceeding $4,000.
Mr.. Bledsoe presented memorial against extend
ing the corporate limits of Raleigh.
On motion of Mr.. Humphrey, that part of the
Treasurers report relative to bank reports was re-
ferred to the committee on corporations and cur
rency.
The following bills were introduced, read and ap-
proprately referred:
Mr.. jenkins bill to more efectualy prevent
the killing of cattle, Stock &C., railroads.
Mr.. Reeves bill to amend the 6tn section seth
chapter of the revised code concerning members OF
Congress-
Mr. Thompson bill for the completion of the
Atlantic and North Carolina railroad
Mr.. Gillian bill to incorporate the Green Swamp
Land Company.
Mr. Harrell bill authorizing the wardens of
the poor in Rutherford county to sell certain lands.
Mr.. Rand bill to amend an act incorporating
the Neuse manufacturing company.
Mr.. Clarke bill amending 9th section 10th chap
ter of the revised code, concerning county courts
granting licenses for the sale of sp:rituous liquors.
Mr.. Sharpe bill to admit negro testimony against
persons accused of exciting Instruction, &c.
Mr.. Eller bill to lay off public road in Wilkes
county.
Mr.. Jennett bill to authorize the citizens Of
Hyde county to elect commissioners of wrecks.
Mr.. Folk bill to alter the county line between
Wilkes and Watauga
Mr.. Badham resolution that no bills be received
after the l2th inst. Laid over for one day.
bill to establish and lay off new county by
the name of Graham.
Mr.. Sharpe addressed the House in favor of the
bill. The people of his county considered they la
bored under grievance; and it was the duty OF the
House 10 relve them. Mr. S. at some length advO-
Gated the passage of the bill.
Dir. Jenkins moved it be indefinitely postponed.
Adoptcd-veas 80, nays 46.
Mr.. Rushing introduced resolution concerning
the militia of Union county.
The bill to authorize banks to issue notos of the
value of one, two, three and four dollars, was ia
ken up
Mr.. Bat,ham wished the bill to be informally pass
ed over at present, which not being agreed to, he
moved it be indefinitely postponed.
Mr.. Gillian opposed the motion.
Mr., Brilgcrs opposed the motion. He wished the
question to hc a test One-whether North Carolina
was prepared to abandon her policy of not issuing
notes of less value than s.. lie was not fighting
against any bank; but he would not grant the priv
ege to issue small notes in any bank charter, for
that would place it out of the power Of the House
to resume it during the existence Of the charter
But the House thought proper TO grant it, let
be under general law. And if experience proves
that the law does not work well it can be repealed.
In order to economist time he requested Mr.. Bad
ham to withdraw his motion, and let the sense Of
the House be taken on the merits of the bill.
Mr.. Badham Withdrew his motion but it was re.
newcd by Mr.. Jenkins, who said the question would
come before the House in other bills therefore,
discussion now would be a loss of time.
After few rcmaIks from Mr. Settle,
Mr.. Foster said he wished decisive vote on this
bill, and thus get fair test the question.
Mr. Elliott having made some remarks in reply to
objections made against the bih
Mr. Bledsoc also opposed the motion. He wished
to meet the question fairly and have decision
on il.
Mr. Outlaw thought the merits of the bill could
be discussed on the question of postponement, as
we'll as on any other issue. The motion was reject
cd-yeas 49, nays 81.
Mr.. Elliott offered all amendment prohibiting the
circulation of any small notes issued by banks
Of the State, and thus drive the notes Of foreign
banks away.
to the people OF his section, where South Carolina
were in circulation.
Mr.. Rushing also opposed the amendment
Mr.. Bullock was opposed to the bill. He disked
the principle, and would vote against it. If small
notes were banishcd specie would flow in and in.
stanccd Virginia, where silver change was alum.
dant.
Mr.. Bridgers stated South Carolina scattered her
small bills in every State where she was permitted
to do He was opposed to such state of af-
fairs and would not ALLOW North Carolina to remain
If small bills necessary, let the State have
her own bills.
Mr. Caldwell supported the view taken by Mr.
Brdgc,s and commented on the course pursued by
the North Carolina banks whom he held accounta-
bic for the deprecated currency. lie complained
that it was the interest of our people to bring
products to South Carolina and Virginia, where
they got northern exchange at lhree-cighth per cent
while North Carolina banks charged and one
and-a-haf; for long persisted in this course
we could not lessa,e those notes out; and ali leg
islativc measures for that purpose would be inop-
eratvc.
The amendment rejected-yeas so, nays 6l.
Mr. Gillian offered an amendment, providing that
on the winding up of the affairs OF each banking
institution, the amount of all the small notes lost
destroyed should be ascertaincd and paid into the
Public Treasury
Mr. Elliott opposed the amendment as unjust to
the banks, and calculated to defeat the objects of
the bill.
Mr.. Gillian said the effect of the amendment
would be to compel the banks to good paper in
their small notes. and thus the public great
loss, which generally fell upon poor people. No
bank had Alright to such profit, and ought to repay
it to the people by giving it to the public treasury.
Mr. Ward offered another amendment, that
the winding up Of bank a sum equal to the out
standing bills should be deposited with the public
treasurer.
Mr. Gillian objected to Mr.. Wards amendment,
Mr.. Ward thought when privilege wes granted,