The star of the north. [volume] (Bloomsburg, Pa.) 1849-1866, 1857-10-14

i - CouCctuluS tue udukS, win amendments
4 Mr.. Browne, from the committee OF five
reported, with amendments, bill No. a sup
/ plemen, to the act Of April 16, 1850, regua
ting banks.
1 On motion of Mr.. jordan, his bill was ia
ken up, and being passed on first reading
was iaken up in committee of the whole OIL
second reading. --.....
The first section was taken up for consid
eraiion. II fixes The date for The resumption
of specie pay menis on the first Monday o
February, 1859. .,
MI. Scofield moved 10 strike ort 1859, ane
insert 1858.
Mr.. Taggarl opposed the amendment. HI
thought the Legislature met to adopt some
{ measure of relief for the commercial and
manufacturing community. If the amend
menl prevails il viii have a directly contrary
effect. The banks will be compelled 10 con-
tracl their loans instead of expanding for the
relief of their debtors, and make things worse
instead OF better.
Mr. Jordan took The same view as to the
ShSSt VI thS II "Ouiu
the banks 10 prepare for resumption nstanler
and prevent them from afording relief. This
is the vital point of the bill. If relief is 10
be extended to The people, ii depends entirely
upon this point.
Mr.. Scofield said his object was 10 throw
The question on the next Legislature. If they
thought necessary when they met they could
extend the time.
The amendment was adopled-yeas ls,
nays IA, as follows:
Yeas-Messrs. Brewer, Brown, Cresswell,
Ely, Evans, Fetler, Flenniken, Ingram, Krox,
Laubach, Myer, Scofeld, Sellers, Steele,
Slraub, Walton, Welsh and Wright.
Nays-Messrs. Coffee, Crabb, Frazer, Gaz-
zam, Gregg, Harris, Jordan, KiInser, Lewis,
Shuman, Sou!her, Taggart, wilkins and Fin
ney-Speaker.
MIR. Taggart moved 10 strike out February,
and insert April.
Lost by tie vo'e-yeas l6, nays 16, as
follows:
Yeas--Messrs. Crabh, Frazer, Gazzam,
Gregg, Harris, Jordan, Kiiuger, Lewis, Sci.
lers, Shuman, Soulher, Tasgatt, Wilkins and
Finney-Speaker.
Nays-Messrs. Browne, CresswelI, Evans,
Ely, Feuer, FIenniken, Ingram, Knox, Lau.
bach, Scofeld, Steele, Sraub, Walton, Welsh
aud Wright.
Two motions were made, one 10 fix the
fourth Monday in March, and the other the
first Monday in March, for day of resump-
tion OF specie payments BY the banks. Both
were lost.
The Select Committee had amended the
frs, section, by adding clause authorizing
the new banks which were chartered at the
last session 10 receive payment for their cap
tai stock in notes of other banks.
Mr.. Wright moved 10 strike out this clause
He supported his measures in a speech of
some length. He waned to keep the new
banks out of existence for time al least.
Mr.. Crabb opposed the motion 10 erase. II
would be undoing what the Legislature did
A, the last session, and would sweep out the
NC" oaHhe CohipIeVi1'
Mr.. wilkins made an able and effective
speech against The motion. He spoke gen.
orally in favor of adopting some effective
measures OF relief.
MIR. Wright then Withdrew his motion, but
renewed it.
Pendng the consideration of the amend
nent, the bill was postponed, and ordered 10
De printed as amended by the Select Com
nilioe.
Mr.. Crahb introduced hill 10 vacaIe parts
of Mantua and Story streets, in the city of
Referred 10 Committee of
Senators from that city.
The Senate then adjourned till tomorrow
al 10 O'Clock.
HousE-A memorial from the Banks of
was presented.
Also, one from the Banks of Berks county.
Also, one from the Putsburg Board of
Trade.
The Counties were then ordered TO be call-
ed in order, for the purpose of receiving the
petitions regularly.
Fourteen petitions were received from
county, asking for relief.
Also, len from Washington county: asking
for The repeal OF certain law relative 10 Sa-
wings Fund Institutions.
Mr. Mumma offered resolution providing
for the appointment of committee ol lhir-
teen, with instructions 20 consider The various
contained in The message OF the
Governor, ard report thereon.
Mr.. Kaufman read in place an act tempo
rarily suspendiug certain penalties.
The bill was read by the clerk OF The
House. II removes all the penalties incurred
BY the pa2ks which have suspended specie
and directs that all Savings Fund
shall not pay more than 6 per
cent. per annum. All provisions authorizing
oans and discounts, and declaring dividends,
10 be revived. The bill TO continue in force
until January, 1859.
Mr Kaufman also read in place bill au-
loan of 81 900 900 for the State
Treasury.
There was general questioning all over
he House, as 10 The cause of the presentation
If such n bill