Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1857-12-09

House amendment changing the line between the
counties of Lincoln and Franklin $50 to include the
whole of the farms Of C. H. Bean, Jas. e. Trayis,
and Conner Bean, in the county of Franklin.
The motion prevailed and the amendment was
non -concurred in. -
The special order being the consideration of the
bill to repeal the Usury laws, was then taken up.
Messrs Jones, Golf and Davis spoke in favor of The
bill and Mr. Goodpasture in opposition, pending
which,
Senate took recess until P. m
HOUSE OF REPRESENTATIVES,.
MONDAY, December Z, 1857.
The journal of Saturday was read.
1-e PETITIONS. H
Mr. CANNON presented the petition of Lawrence
Snapp and others, praying for such an amendment
of the charter of the town of Blountvlle as shall
exclude him from the corporate limits thereof.
Mr. KENDRICK presented the petition of sundry
citizens of Wayne county, asking to be set off and
attached TO the county Of Decatur.
Also, the petition Of Silas Wheat and other eiti-
of Perry county, desiring to be restored again
to Wayne county. aaa
Also, the petition of Solomon Baker. to change
the line between the counties Of Hardin and Wayne,
10 include his farm in the county of Wayne.
Mr. DUNLAP presented the petition of sundry
citizens Of the county Of Shelby asking for divs-
ion of the fifth civil district in said county, which
received without reading and referred to the
Committee on New Counties and County Lines
Mr. R0WLES presented the petition Of the officers
of the East Tennessee and Georgia Railroad Com
paDy, asking change of the number of Directors
making five on the part of the Company, and four
on the part of the State; which was read, and or
dered to be transmitted to the Senate.
Mr. STOVALL presented the petition of the sew
eral licensed Attorneys of the county of Dyer ask
ing for new Judicial District, to include the
aofAf l.
in Madrid Bend. $500.
Also, the petition of sundry citizens of Dyer
county, asking TOR the same Thing.
Mr. HOLMES presented the petition of sundry
citizens of the county Of Gibson asking for George
Aiken the right to erect grist-mill and saw-mill
on the South Fork of 0bion river. -..
The SPEAKER laid before the House. the memo
rial of VIM R. Barbee an artist of the State of
Virginia, with reference to the patronage of native
artis and suggesting the purchase of his particu-
lar works in marble, viz: The Cogust, The Fisher
Girl, and The Young Republican, and describing the
same ; which was read and referred to the Commit
tee on the State Capitol
FREE NEGROES.
Mr. ALGEE submitted the following which lies
over under the rule:
WHEREAS, the late insurrectionary movements
among the slaves have fully demonstrated to the
country, that the free negroes nuisance to the
State; therefore,
Re,olUed, That the Judiciary Committee take the
subject under consideration, and report bill to
remove them beyond the limits Of the State of Ten
nessee.
MAYsvILLE.
Mr. BICKNELL introduced a bill mo 1927 to ex-
tend the corporate limits of the town of Maysville
in the county of BlOunt, which passed the first
reading.
BANKS AND BANKING.
Mr. R0WLES moved that the House now take I'D
IL, ,,e,l ~, .Isll-
The bill r265 to regulate banking in this State and
thereupon demanded the yeas and nays, and the
same being ordered and taken, resulted-yeas sc,
nays II, as follows:
Yeas essrs. Anderson, Bate, Bayless, Beale.
Blackburn, Bradford, Brazelton, Caldwell Copeland
Davidson, DObson, DOdson, Dunlap, Estes, Frazer,
Fulton, Cannon, Hamilton, Harvey, Holmes John.
son, Keeney, Lackey, Lamb, Lloyd, Low, Maris,
Newbern, Newman, Polk, RaWlston, Renshaw, Ro-
berts Rose, RoWles st John, Savage Schmittou
Senter, Shrewsbury, Smartt, Stoval Summers
Taylor, Thompson, Turner of Roane, Turner of
Sumner, Williams, Wilson, White of Hamilton,
White Of Knox, Wood, Vaughn, and Speaker Don
elson-56
Nays-Messrs. Algee, Bickner, Carter of Hardin,
Ewing, Golladay, Ivie, Kendrick, King, Randolph,
Saunders, and Stanton-1I.
So, (two-thirds voting in the affirmative the
House took up MIR Folks bank bill-the question
being the adoption of the 4th section as amended
Mr. POLK moved to strike out that part of the
section restricting the issue and circulation of notes
of twenty dollars and under.
Mr. DAVIDSON said the House had once refu-
sed to strike this part of the section, and the
object could only be reached by moving recon
sderation.
Mr. ST JOHN moved to reconsider the vote of
Friday, rejecting Mr. Davies motion to strike out
this part Of the section.
Mr. ROWLES demanded the yeas and nays, and
they were ordered.
Mr. DAVIDSON. l would, myself, have made
the motion to reconsider but was one of three on
the side who voted in favor of striking out the $40
restriction. Iii my desire proceed in this &C
cording to the Latin preverb, tsstinG Iente-hasten
lowly-which might be parsphrased thus-"Keep
going ahead, but proceed with elaboration" If YOU
proceed as fast some gentlemen DESIRE you will
injure and Cypress the people. l will 60 as far as
any man for a sound currency. / am for restric-
ton up TO $40, but no further for the present 1t
viii be time enough for subsequnt Legislature to
advance to the $50 restriction if the policy be found
TO work WELL We are in difficulty and the cues
ton is, how shall we get out of it with the least
amount of injury? We're it new question,
would be a hard-mOney man, or for paper that was
its equivalent.
Mr. ROWLES believing that no bad results would
follow from retaining this section entire, should
vote against reconsideration.
Mr. ST JOHN considered a return to a specie ba
sis should be gradual-stopping at the ten dol
lar restriction.
Mr. THOMPSON showed that the removal Of this
$50 restriction, would be to food the State with ee-
ven, twelve and thirteen dollar bills Again, it was
only few months from June, 1859, till the meeting
Of the next Legislature, when the matter would be
again open for amendment. Individually, he would
20 further. Gradual liquidation did not mean any
thing this subject. He for putting, at once,
an cfectual stop to these one-hOrse shaving ma
chimes.
Mr. POLK had made the motion with the object of
protecting both the banks and the people He would
not hazard public good for the sake Of the supp rt
Of any mans one ideaism. If we force the banks,
the banks will Cypress the people.
Mr. DAVIDSON replied to Mr. Thompson. Was it to
be expected thst in one or two years, We could re-
move from the State evil which mad been so long
growing and fastening itself upon He alleged,
not as argument for banking, or for paper curren
cy, though 1t had done some gOOd THAI had it not
been for the old continental money the colonies
would have had difficulties il achieving their indie
pendence, and but for banks, the white man would
not have made such rapid settlement of the Western
States. Banks were the offspring of our civliza-
ton He would repress the abuse of their privile-
ges first He was for the advancement of the in
terest, and chose to act without respect to public
fealty on this questiOnbeing bound to go for what
he believed the best interest of the people He
a Democrat. but not owned by any party.
Mr. THOMPSON followed in a general speech
against the banking system, by way of rejoinder,
and OF usfying his hostility to the whole brood of
of banks.
The question being now taken on the motion to
reconsider, the result wss-yeas 81, nays 36-ss
follows:
Tsas-Messrs. Beale, Bentley, Bickneli, Brazel-
ton, Davidson, Dodson, Dunlap, Ewing, Cannon,
Hamilton, Holmes, Ivie, Kendrick, Keeney, King,
Lloyd, Maris, Newbern, Polk, Randolph, RaulstOn,
Richardson, Rose, st John, Sohmttou, Smart, Sto-
vail, Turner Of ROane White of Hamilton, White of
Knox, and Vaughn-3l.
NayS-Messrs. Algee, anderson, Bate, Bayless,
Blackburn Bradford, Caldwell, Carter Of Hardin,
Copeland DObsOn, Estes, Fulton, GOlladay, Harvey,
Johnson, Lackey, Lamb, Low, Mickey, Newman,
RenshaW, Roberts, Rowles, Saunders, Savage, Sen
ter, Shrewsbury, Stanton, Summers Taylor Thomp-
son, Turner OF Sumner, Williams, Wilson, Wood,
and Mr. Speaker DonelsOn-36.
So the lioGse refused to reconsider.
Mr. ST JOHN proposed to further amend the 4th
section, by adding:
BE further enacted, That bank, or branch
bank company corporation, shall hereafter emit,
pay ou or In any manner circulate any bill, note,
olher evidence OF debt of any denomination between
ten ana twenty, or between twenty and fifty, or be-
tween NIFTY aud one hundred dollars"