Semi-weekly standard. [volume] (Raleigh, N.C.) 1853-18??, 1857-01-10
LEGISLATURE OF RTHCAR0LINA.
SENATE.

u ElilSLATUkEU VI Nun HsOhhOAANn '
SENATE. -
MosDAY, Jan. :, 1857.
Mr.: Mills presented memorial from citizens Of
Rutherford and adjoining counties, which was re-
fsrred to the appropriate committee.
The bill to prevent the telling Of timber IN Emo
river and Fishing river, read the third t'u,e
and amended, on motion Of Mr. W. X. Myers, oy
adding Sugar creek and its four principal sr'ou'"
ries, and passed .....,;,,.
Bill to amend the charter of the Chioe tur"P'ne
company passed its third reading .u,..
Bill to amend the charter OF the Bank o. I"
ton, read third time and passed.
Mr. w p Myers introduced bill tor0ldoing the
clerks of county courts affxing the seal Oh tne'I
counties, to free papers of free negroes.
A number of engrossed bills from the House OF
Commons, were read the first time, ana reie'feu "
the appropriate committees
Mr. Albert Myers introduced bill concerning
evidence in cases of assault and battery.
The bill to improve certain rivers in Sampson
county, was taken up, on its second reading. MT.
Holmes explained and advocated its passage, upon
the grounds of said improvements being, if not d.
rectly, indirectly, an advantage to the State
Mr.. Battle offered an amendment, to appropriate
Geo 600 the improvement Of certain creeks In the
county Of Nash, which was rejected. -,
The question then recurring on the passage OF the
bill its second tme Mr.. Battle called for the yeas
and nays, which resulted yeas Is, nays %.
Message received from the House OF commons
proposing that the two Houses adjourn sine de- ON
the morning of the goth inst.
On this proposition considerable debate sprung
I'D. Mr. Wilder was willing to adjourn when tho
public business was accompshed-he did not think
the appointment of day certain, would facilitate
business; if the two Houses could adjourn at an
earlier day, he would be glad; but, he thought two
or three days would be taken to rescind such res
olution when the time arrived, and thus time would
be lost.
Mr.. Dockery was willing to adjourn. He said it
was generally the case that the most important bus
mess done on the two three last days OF the
session.
Mr. W. H. Thomas objected to the fixing of
day-and alluded the long absence of the gentle.
man from Richmond, on holiday excursion-and
now he comes back in great hurry for business.
Mr.. D. replied. Mr.. T. humorously retorted;
when,
Mr: Bryant, with much animation, spoke IN favor
of the proposition.
Mr.. J. B. Jones called for the yeas and nays;
when. at the suggestion Of W. R. Myers, he with.
drew his motion.
Mr. Chesson renewed the motion, and the propo-
sition from the House concurred in-27 to Is
The hour of II having arrived the Speaker an
nounced the order of the day to be, the bill to re-
charter the Bank of the State and the question be-
ing on the amendment proposed by the committee
on banks and currency,
Mr. Thomas, of Jackson, said, the discussion of
this subjec was commenced several days ago. 1t
seemed to him, that the question was, shall the Leg
stature recede from its postion-shal the Legisla
ture acknowledge inferiority to the bank? 1t was
too, question, between moneyed power and the
PEOPLE. He had voted, at the last session of the
Legislature for the recharter of this bank, and ne
voted at the same time for the re-charter of the
Cape Fear Mr.. I. then proceeded to the discussion
Of the bill, when the Speaker reminded him, that it
was out Of order to discuss the merits of the bill,
pending the amendment.
Mr.. Hill, of Caswell, moved to amend the propos-
ed amendment of the committee, by striking out the
clause restricting the power Of the State to tax its
Qhe bank dividends.
Mr.. Cherry was opposed to the motion of Mr..
Hill. The proposed amendment of the committee
ON banks, compromise, and the tax of seven
ty-five cents each share of stock. he thought
quite sufficient, and high enough His constitu-
ents were anxious for re-charter of this bank and
he was certain, that if the bill passed, as it came
from the committee, it would be accepted by the
stockholders.
Mr.. Thomas again got the floor, and desired to
know what would be in order.
The Speaker decided that Senators must confine
themselves to the discussion of the amendment, un-
til that was disposed of; he willing however, if
TO objection raised that the bill and its merits
should be discussed now.
Mr.. L. commenced again. and proceeded to dis
cuss Tue aiheiuiAeht, the OH, ana the OanklnS syS-
tcm when he was again interrupted by Messrs.
Cherry and Pool on points of order.
Mr. W ilder proposed to let the Senator from Jack
Son proceed.
Chair-if no one objects, he would suffer the Sen.
a or to proceed.
Mr.. Hll-he is out of order, and object
Mr. Thomas, however, again got the floor, and az
ter a few remarks, in which he reflected upon the
course of the bank in its refusal of the charter Of
Tered two years ago, gave way, to hear his friend
Fl om Wake.
Mr. Wilder said, he knew it was not in order to
rsplyto the speech Of the gentleman from jackson;
but as nc Lad arraigncd set of gentlemen, of high
character, on charge of debating to the Legisla-
ture the terms upon which they would accept a re-
charter, he hoped the Senate would indulge him.
Mr.. w. said, the bank had not asked for this char
ter he was responsible for it, he drew it up and
presented it, without consulting the stockholders
al something had been said about moneyed inf]u-
e,ce he would state for the information Of the Sem
or, that he was not stakeholder, and never bor-
Fowed money from the bank; his position was an
impartial one, and he was prepared to do justice to
parties, and ne desired to SEQ charter granted
but such as would secure a sound currency. He
WIS willing to vote for charter for another bank
xth the proper restrictions but was unwilling to
XIII the Bank OF the State by refusing the charter
~ which event, he would ask, what is to become of
the school fund? Mr.. W. was of opinion, that the
TAX OF seyenty.tive cents on each share was suf.
hclent taxation to be levied on that institution and
would yield to the State treasury $4,000 Der an
mum, which was not now received from that source
ana which the cashier must pay directly into the
treasury.
Mr. Hill was opposed to granting exclusive rights
to this bank; he argued the importance of leaving
the hands oil the State unticd-io tax the dividends
ala TAX everything, which they hal right to tax
tie was willing 10 admit that the Bank OF the State
tEl. Stafn