The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1858-03-18

law under which well secured crc al ating me-
dunn can be indefinitely multiplied Ranks es-
tablished under that law, will OF course be con-
trolled by the loaning Of money. by Q comb.
nation of these, the borrowers among z, the people
can be made to pay for the use Of money crea-
ted by authority OF law, the ruinous rates OF the
present. II is true that law limits the banks to
twelve per cent but your committee believe
that unless We have law so stringent, anu
with penalties SO severe as TO appall them, the
loans will be indirectly made through directors
in their individual capacity, or through brokers
who will be really, though secretly. agents OF
the banks. Money being the creature Of the
government, your committee believe II Is the
duty Of government to regulate it, and that an
use of that creature contrary to such regula
tons, or by which the people are made 10 sui.
fer, is a crime, and as such should be punished.
Money being the creature Of law, cannot be
produced at pleasure by the individual, as per
soual property in general can be, and rom Its
very nature must always be controlled by the
few, and therefore it becomes an imperative
duty OF government to protect the many from
the monopoly which, from the nature oil the
case, must always exist, when the use oi money
is left to the control of ere umstances.
In accordance with these views, the com
mittee have prepared bill. which they here.
with submit as substitute for tie bills referred
TO them, and respectfully recommend its pas
sage. W. h. TArTERs Ill, Chairman.
BILLS INTRODUCED AND FIRST READING.
An act authorizing School District No
IL. Goodhue county, to borrow money.
by Mr. STEVENS An act for the re.
lief of the Capitol Removal Commissioners
BY Mr.. LIBBY : TO Incorporate the
town of Xumbrota.
by Mr.. TATTERSALL 70 establish
a rate OF interest.
by Mr.. CHASE To incorporate the
Alexandria Academy .-
Also the town OF Mansfield.
Also, the town of Reno.
Also, the town OF Buffalo City, on the
Red River Of the North.
Also, the town of Alexandria.
SECOND READING OF SENATE bills.
An act authorizing change of venue IN
Justices Courts.
SECOND READING or HOUSE BILLS.
An act 10 amend an act organizing the
county Of MOnongalia.
An act to establish the county Of Kaudi-
yohi
An act to authorize the business Of lnsur.
ance.
THIRD READING OF HOUSE BILLS,
An act to provide for keeping the Capitol
Buildings in good repair. Lost on final
passage, by ayes 20, nays 33.
ST. PAUL WATER COMPANY.
An act amendatory TO the charter Of the
st. Paul Water Company, was taken up
and the question being upon ordering the bill
to be engrossed for third reading,
Mr.. McGORTi opposed the cngrossing
of the bill, as he was satisfied the only OBJ
ject desired by the Company in the extension
of the line, was to obtain from the city a
payment for their franchises he did not be-
lieve they intended TO build the works.
Mr.. OTIS stated that the object of the
Company in obtaining this amendment, was
10 provide for the obtaining Of the right OF
way for pipes, which was overlooked in the
passage Of the original charter. lie referred
TO the names Of the Directors Of the Com
pany. as sufficient guaranty that the Com
pany intended to build the works in accord
ancc with their charter and il was but
proper that the Company shoull have the
time extended, particularly as the Company
had to labor under some difficulties. in set
Ting with a prior Company for Its fran
chises, aud the financial pressure OF last
Fall preventing them from going forward
with that expedition that was required by
the charter.
The bill was then orlered engrossed.
TIE REGISTRATION LAW.
This being the special order for the day,
the House went into Committee Of the
Whole. 10 take up the reports OF the major
ity and minority Of the Judiciary Committee.
Mr.. WILSON IN the Chair.
The reports were read.
Mr.. SHEElI moved the adoption Of the
minority report.
Mr.. KEITH urged tie adoption Of the
minority report, and that the position Of the
majority was untenable He argued the
eonsttutionalty Of the bill under considcra.
ton. He urged the adoption Of the bill be
cause there had been great frauds committed
by both parties at the last election.
Mr.. BRADLEY explained the difference
between the Registration Laws Of Maine,
New Hampshire and Massachusetts. and the
law under consideration. The States named,
provide that the registration OF voters can
be made until the close Of the polls; while
this law provides that the registration shall
close at a time specified before the day Of
election, which provision would undoubtedly
di,franchlse many legal voters in the country
districts, who would fail TO come forward q,
the proper time 10 have their names regis
tered
Mr.. KEITH stated that be I'D not con.
slider the bill perfect. by any means and
would himself prefer that the registration
might be made up 10 the day Of election. lie
thought i would be better to refer the bin
To- a committee. 10 make such changes as
would b. necf ssary TO make it satisfactory
Mr.. STARKEY said that he wa 10,
prepared to discuss the constitutionality Of
the bill. and he Understood Mr.. Orfs the
Chairman Of the Judiciary Committee, did
not anticipate the discussion TO take place
to-day, and had not prepared an argument.
He moved that the repor; and bill be recon-
( mended to b. referred 10 a select committee
( Of FIVE.
The committee then rose and the room