Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1857-12-20
TENNESSEE LEGISLATURE.
SENATE.

THURSDAY, Dec. IL, 1857.
Mr. JONES presented a petition from 81, citizens
of Lin son county asking to be incorporated into
the county of Franklin; which was referred to the
Committee on County Lines.
Dir DAVIS, from the Committee on Internal I'M
provements, returned the bill to amend the charter
of the Whites Creek Turnpike Road; recommended
its rejection.
Also the bill to amend the charter Of the Nashville
and Northwestern Railroad, majority recommend
ing its rejection.
A message from the Governor was received and
read, and 5000 copies were ordered to be printed
for the use of the Senate
relief in eschess in certain cases. which passed the
third and last reading.
The special ORDER the resolution of Mr. WALKER,
in relation Federal politics taken up the
luton slightly amended and its consideration post
poned until 10 morrow.
MrMENEES called up the bill inrelaticn to banks,
entitled bill to inforce the resumption of specie
payment by the suspended banks; to offer for their
acceptance certain amendments to their charters.
Alter sometime had been spent in amending the
bill, it passed the third and last reading
Ysds.-Messrs Brown, Bullen, Davis, Denton, GOf
Goodpasture, Hill, Jones, Menees, Munday, Nc
Dougsl, Ross, Travis and Whitthorne-l4
N4ys.--Msssrs Brsaeher, Goodner, Heskell, Roach,
Walker Wecker and Speaker Burch-7.
Mr. DAVIS, when his name was called said That he
did not like the BILL but the country was demanding
something at our hands, aud he thought the bill be-
fore the Senate was the only one they could agree
upon, aud he therefore voted 'Aye."
Mr. GO0DPASTURE, when his name was called,
said Mr. Speaker shall vote for this bill, but do
not do so because believe we ought legislate upon
the subject of banks at present, bat believing as
do, that the Legislature is determined TO DO some
thing upon the subject, vote for this bill believing
1 hat it is good bill as we can or will mature
upon the subject therefore, lhave no doubtit would
be better for leave the banks and note holders
10 the rights and remedies guaranteed to each by
existing laws, that it is absurd IN financial panic
like the present, for the people to look to the Legsla
ture for relief, and l state, in order that my
position may not be misunderstood upon this sub
jec that only support this bill for the purpose of
preventing the Legislature from doing something
worse upon this subject than TO pass the present
BILL and desire it to be distinctly understood that
upon this important measure TO the country, am
acting purely upon the spirit Of compromise, have
heretofore fully embodied my views upon this subject,
intthe resolu ions which introduced in this House.
and still adhere strictly to the sentiments embraced
in these resolutions, and feel confident that the
public good would be better served by passing my
than by the passage ofthis BILL but when
am unable TO get what desire, | am willing to
take the best thing can get, and with concise hope
that this bill may work better than now contem-
plate. | vote Aye
Mr. WHITTH0NE, when his name was called re-
marked that before voting, he begged the indulgence
of the Senate to explain the which governed
him. 1t was known to the Senate that he was in
his notions upon the currency question, termed
hard. That he desired to adopt against some of the
banks more restrictions than those proposed
by this bill In other respects it did not suit
him. but as he was convinced, that all probability,
no other bill could be, or would be adopted, aud
holding that it better to do something than moth
ing and inasmuch as the people desired legislation,
and certainly as to the intentions Of the Legislature,
and it proposed by this bllto meet their demands
FOR the relief-he would yield his ownpeculiar views
md vote in the affirmative.
Mr. Speaker BURCH, when his name was called,
aid As other Senators have given thereasons which
controlled their votes, hope the Senate will indulge
ne, viii e say word in explanation of mine. l
must confess that feel somewhat at q loss to know
low to cast my vote. There are many provisions
If the bill Whichireceiye my warm approval and if
We we're relieved from the effects of the present
riss, should have no hestancy in determining my
ourse But in the present deranged condition of
he currency fear that the requstous of the second
econ will induce the Banks to diminish their cir.
ulation as much as possible, and compel them TO
orce collections inssuch manner, TO be ruinOus
their debtors and injuries to the best interests of
he people. l sincerely hope that my fears may not
e realized. l vote, ''NO"
Senate then took q recess until 3 o'clock