Keowee courier. [volume] (Pickens Court House, S.C.) 1849-current, 1857-12-19

7
adjourned.
DECEMBER 10.--After the despatch of
unimportant business, the Senate took up
the special order, being sandfy bills and
resolutions in relation to the banks; when
Col. j. Il. Marshall delivered an able speech
thereon, and was followed by Mr. johnson.
a resolution was offered to print $500
copies of the leport of the speciul committee
of the Senate on the re-opcning of the Af-
rican slave trade, when Col j. d. Allen
made some pertinent remarks in favor of
re-opcning the slave trade; after which,
upon amending the resolution so as to in
cludo the minority report of the Committee,
it was adopted.
In the House of Representatives, the
general orders were taken UP.
The House resumed the consideration of
a Bill to repeal the law against usury and
for other purposes. ~.
a Bill to regulate the granting of Va
cant Lands--which was read tho second
time.
Mr. Mullins moved that the Bill be in-
definitely postponed, and the question be-
ing put, will the House agree thereto it
passed in the negative. The Bill was then
ordered to the Senate.
The House spent several hours in dis
cussing the bank question, aud then adj
journed. ~.
DECEMBER 11.--In the Senate, the
House BILL to increase the pay of pauper
patients in The Asylum to $3.50, was laid
on the table
The favorable report of the committee of
Al. II
sentatives, ont the Petition oftho Blue Ridge
Railroad Co., for payment of the State sub
scription in stock instead of bonds, was
agreed to, after explanation by Mr.. Middle
ton.
The bill from the House of Reprcscnta-
tivcs, to repeal an Act entitled "an Act to
increase the amount of property exempt
from lcyy and salc,' ratified 10th Deccm-
ber, 1851. On the question, "Shall the
Bill be returned to House of Representa-
tives," it was so ordered -,s.
A Bill to incorporate the Independent
Gas Company of the City of Columbia; a
bill to incorporate the village of Greenwood;
bill to amend the charter of the town of
Summervile; Bill to incorporate the
Cashiers Valley Turnpike Company; Bill
to incorporate the Sossafr0s Gap Turnpike
Company; which were seyerally read a Sc
cond time and ordered to be returned to
House of Representatives.
The bank question was again under dis
cussion, when the Senate adjourned.
In the House of Representatives, q bill
to amend the law in relation to the punish
lnent for trading with negroes, was taken up
for second reading, and after. sundry
amendments, was ordered to be sent to the
Senate. This bill provides for corporeal
punishment in certain cases
The special order, on Committee of the
Whole, being the banks and banking mat
ters, was called up, and the House resoly-
cd itself into Committee of the Whole, Mr..
Sullivan in the chair.
Dir. Perry addressed the Committee at
some length. Hc said that he had been
absent attending to other duties, during the
greater part of the discussion on this sub
ject; that he had not intended to take part
in it, as he was not very familiar with banks
and banking; but the del ate in the House
had led him to believe that there was leg.
lslation panic on the question. lie had
heard men dcnouncc the banks that they
were engaged in nefarious traffic; bat he
had also heard that we must not touch
them, ruin would follow, &c. He would
not say, let the ruin come; but he would
say let the issue come--let the question be
tested. MIR. PcrIy proceeded to discuss
the question, aud among other things, re-
marked that it was said that Ave millions
was probably sufficient for the actual ncces,
sary currency of the State but we had q
currency in bank bills of 10 or SIS, ,000,.
600. He did not think VIC should take
any new action now. Let tho Comptroller
go on and collect the penalties, but let a
Commission be appointed to investigate the
whole subject and report by next Session
submitting an entire system.
He urged the House not to be alarmed
by these Banks With crop valued al
thirty millions, we had nothing to fear
Mr.. Mullins asked the gentleman if he
believed that acurrcneyof S5, ,00O, 900 could
bring crop worth $50, 900, 900 to market
Mr.. Perry answered in the affirmative
and illustrated it by the fact that all the
property Of the State was bought, sold, and
paid for, with this five millions, or whatever
amount was estimated as She actual neccs
sary currency. ,.l
MIR. Mitchell followed Mr. Perry in d
! speech of some length,
Dir. Gregg had a few words to say regard,
! ing the private banks.
Dir. McGmter followed in a few remorks
but had not finished when the Coinmittet
rose and reported progress.
at the evening session, Mr.. McCartei
concluded his remarks, and was followed