Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1858-02-03

not whether this bill is g good one or bad one. A
majority sf this House have, e. have already said
settled THAI question, as am bound 70 suppose sat-
iaiaetorIy, 81 least to themselves.
When he bill oams down from Tia Senate, Il was
aseerta5ned that majority Of this Eonsa could not
be brought toits support in the shape Il then vas
aud eonseq uently It had to undergo amendments in
order 10 suit the views Of different gentlemen Z
lben went back 70 the Senate for their concurrence
The Senate, IN turn, amended House amendmsn.s
and sent 1t oaek to for our concurrence The
House then insisted on its former amendments and
It went back 10 the Senate; they also insisted on
their amendments, and asked for q committee of
conference Sir, mean no disrespect to the Speaker
Of this House, nothing is farther from ny intention
But hope shall be perdoned for saying that when
he announced the names Of those who we're 10 com
pose that Committee on the part Of the House, no
gentleman on this aoor could possibly have been
more SURPRISED to find me appointed on that commit
tee than I was.
l had supposed that the ablest and most expert.
enced gentlemen on both sides Of the House would
have been appointed on that committee. But, sir,
it is not for me- nor do intend to call in question
the right Of the Speaker to appoint whomsoevsr he
may choose on any committee. Il enough for
me t. know that was appointed; and in virtue of
that appointment, q responsibility rested upon me
which 1 did not feel at liberty to shuu.
Sir, what were the subjects referred to that com
mitlee simply Two points or disagreement between
the two Houses. What we're those points Of diss
greement2 First, the time when the banks should
be required 10 resume specie payments, and second,
whether or rot the banks should be required 70
c0nfe themseIyesstoty 10 the counter note system.
Now, SIR, / wish 10 cali the attention of the House
to the proceedings had these Two points before
the C0mmi,ee Of Conferences was raised. Il viii
be reculected, sir that ne Senate bill Fixed the
time EesuIa pon OF specie payments on the first Of
July next. The House a,raek out July and inserted
uary, 1863 And Wheuthe Senate non CONQUERED
sad Inc gruuemsn from Bradley moved that the
House insist It's time il carried by the follow
lug vote yeas 4; Asys 25-22 gentleman on this
side Of the House, myself among them, voting 10
insist, and only 70 ing against it,
When the gentleman from Bradley moved 10 insist
on House amendment, authorizing the banks {
Is u notes pay able at distance from the point
wusre Issued, this motion also carried by vote Of
A. against IS. l was one of four Americans who
voted against insisiug aud in favor Of the counter
note system Sir, 4 in favor Of that principle
now and always and if the bank charters are 10 be
amended, never will consent that Il Is principle of
wild eating shall c5Rdnue in those charters Sir,
upon the only two points which we're referred to
that Committee OF Conference, was already
mistakably committed upon the public records.
IL was proposed in committee 10 substitute the
first Of November 49, instead Of January $50, for
the time Of resumption, as a compromise between
the two Houses. Sir, must confess that 1 was
NIUE ulsPoseO 10 compromise on that question. L
told the committee then aud say now, that would
prefer letting II stand the House had 6xed it. But
as no other gentleman objected, and asst was only
difference oftWo months, thought il vas not worth
cOntendng over, and so / agreed to it.
But, sir, the main difficulty between the two
Houses, as l understood them, and as yet under
stand them, was the counter note proposition"
The bill as it originally came from the Senate,
provided that bank in this State should pay out
the notes Of any bank except its own. This was
amended in this House so as TO allow parent banks
to issue notes payable their branches in the most
distant part Of the State, and the branches we're
allowed TO issue notes in like manner payable 200
miles of at the pareBt bank The Senate disagreed
to this amendment and the House insisted by 0 vote,
as have already stated, Os AZ to Is.
STATEMENT OF THE CONDITION OF THE DAN.
bridge BANK on THE FIRST DAY OF JAN
UARY, 1858.