Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1858-02-06
Q Treasury-Specie OK Curren
CIV

ton instructlng the State Treasurer
receive current Wisconsin Bank bills in
ment of State Taxes.
|Nr. Rodolf, of Richland, thought the
Eoution unconstitutional. In most
l., County Treasures, he believed had
ected the taxes in gold and silver. He
ID the resolution would not pass.
|llf. Wagner, of Racine, opposed it.
Dr. Steever, of Milwaukee, spoke a
|ast it. The security against wild cats
/ broken banks was to insist on specie
Enent of taxes. He was opposed to re-
pg worthless trash in the Treasury.
FIr. Knowlton, of GAINESVILLE, understood
resolution to instruct The treasurer to
Five only bills Of specie paying banks.
Sc were not worthless trash. Gentle
j we're mistaken in regard to The power
/ the Legislature under the constitution.
il treasurer was not beyond the control
/ the legislature. If he (Mr. X I'M
'o}l the constitution, the Legislature
/ d lirect tie Treasurer what currency
] ,L5sll receive. The only question III
mind was the policy of the practice of
xsigirg bills. He thought the policy a
i one. There was large quantity of
2 bills Row in the Treasury. What
i to be done with these, if the specie
tv was now adopted? Again, it WAS
j difficult to obtain specie. 1t com
siiel a premium. The specie wa
i ed up in The banks, preparatory TO a.
i. It was hardship, under these cir
! b, auces, to compel the people to pay
/ bills. There was difficulty in deter
/ inc which are the specie paying banks.
l. treasurer must determine that at his
+.
.lIitheito We had been boaStfnl Of oar
rency. Ne had called it the safest in
Union. But suddenly we had lost
tiIence in it so far tha' we are afraid to
Rive it for our per diem, and did not
idcril good enough to pay it out to
j If contractors. For himself, he should
he guilty of any such inconsistency,
believed the specie paving banks of
i State were good.
Dr.. Robbins, Of Craft, said that thus
ation would open the door for the pay
1T of bills to meet dues to the school
b. In Grant county, the taxes were
] ettei in gold and silver. This resolu-
i would tend to make an exclusive pa
c.rrencr throughout the State. The
81 money would be sent to the com
ties in bills. III Grant county the
per- knew nothing of the paper money.
= sent up gold TO the capitol, and de-
i 10 receive gold back again. The
shogs in bis county would net take pa
money. The schools there would stop
er the policy Of this resolution, The
5 in his county had been paid, and the
.e there asked Tor no relief.
l'r Nmton, of Green, was opposed to
resolutions. He WAS opposed to it for
reason that many persons had already
I their taxes in specie. They had done
h his county, (Green.) In some cases
i had paid a premium for specie. A
d, there was measure pendind, to ex
i the time for collecting taxes. Iftha;
L Passed, there was no need Of this
Button.
D.. Burdick, of Rock, moved to amend
resolution BY striking out the word
siructed," and insert permitted" He
lerstood the Treasurer had been receiv-
bills, contrary to the statute. He
bel to make the resolution conform to
] previous practice.
3ames B. Gray, of St. Croix, was OPP
81 to the resolution. As he under
b it, it effected nothing. 1t gave the
se Treasurer no protection. The stat
requires the payment of taxes in gold
silver. The resolution leaves that
/ ute in full force. If We do anything.
sps pass an act on the subject.
VI. Wagner, Of Racine, spoke briefly in|
! to the gentleman from Rock, q. H
fElton.)
FL. Robinson, of Calumet, endorsed th"
Of Mr. knowlton. He was in favor
tae re;olution. The tax in his count,
FIumet) had been collected in paper
Pen the Tfeasurer's circular was received
'ccasioned considerable perplexity. The
IN Treasures, who had received paper
not know what to do. 1t had been
Fomary to collect taxes in paper there.
he hoped the resolution might pass.
Mr. Corson, of Milwaukee, thought the
TEN proposed by the resolution a dan
rous enc. He believed that within a
pr many of the bills of our banks now
rent, would be below par. For this
son he felt compelled to oppose the res
ten. The safer way was to abide by
present law. He might receive the
i Of good banks, but he did so at his
|sonal risk, and stood responsible for
|m.
PIr. H. H. Gray, of Lafayette, opposed
! resolution, for the reason that it gave
Public recognition to system contrary
|the spirit of the constitution. By an
''Eke legislation in passing Bank law,
have driven all the gold and silver from
State. This was the last effort of the
KS to maintain their supremacy. The
Pple did not ask this measure. They
kfely asked an extension of time for pay
taxes. We are by this resolution di-
Ing the Treasurer to receive curren-