Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1858-03-14

State tax for 1857 BE- stricken out, and that 50
the bill pass.
The bill (39i) To amend the revenue laws
The sill (s59) tle,yids for the sale Of the States
stock in Ialcisds and tarnpikes, aud to create
sinking fnad ii.r redemption OF State bonds: re.
eommendtD 2 heir rejection
The bill l54 TO amend the revenue laws; and a
certain petition from Hickman county, asking to
be discharged from their further consideration.
r CHBATHAM COUNTY.
On motion by Mr. NANCY, (by unanimous con-
SENT the House took up his bill (404) above re.
ported
Mr. NANCY explained its provisions; whereupon,
the report Of the Committee vas conoUrred in, and
the bill passed the third reading.
WAYS AND MANS REPORT
On motion by Mr. RICHARDSON, (by unanimous
cOnsent,) the bills (H. 396, 899, l54 we're ia
ken up, and the above report Of the Committee Of
Ways and Means thereon was coneurred in.
NIGHT SESSIONS.
Mr. RANDOLPH'S resolution for night sessions
for the remainder Of the session, was consider
ed and adopted
STATE CAPITOL
The Senate resolution in regard to the State CAPT
tol, coming up
On motion by Mr. Vaughn it was passed over in.
formally.
POWELL COUNTY.
On motion by Mr. JohnsSh, (by, unanimous COZ
sent, the House look up the bill Is 226) to extend
time to the Commissioners for the proposed coun-
ty of Powell to report, &c. and the same was passed
the second reading.
BANKS AND BANKING
The SPEAKER now directed the consideration of
A1,o ,soT. I'D. urft. tlRa g..
diminish the circulation Of Free Bank paper, with
Sir White of Hamitons substitute-re-chartering the
Union and Planters Banks--the question being on
Mr. Thompson's motion to postpone till the first day
OF June
Mr. BENTON moved call of the House, which
proceeded, the absentees we're reported; and then
these proceedings were dispensed with.
MIR DAME desired leave to Withdraw that part Of
the substitute relative to the Bank Of America,
which was done-Alr Thompson having Withdrawn
his motion 10 postpone.
Mr. NEWMAN proposed to amend the substitute,
by adding clause reserving the right of repeal,
prescribing individual liability, and that they shall
not issue more than dollar for dollar their bona
tide lpital.
Mr. BULLOCK and others raised point of order,
that bill in lieu could not be amended before adop-
ton by the House, which was Overruled
Mr. NEWMAN stated and defended the provisions
of his amendment
Mr. BEALE moved to lay the amendment on the
tlble-the vote resultng-yeas "A, nays Al so the
House refused to lay on the table
Mr. WILLIAMS demanded a division Of the ques-
ton the adoption of the amendment-the first
question being on retaining the power Of repeal.
Mr. DUNLAP desired the gentleman to modify by
saying-the power is reserved in case the banks
suspend specie payment.
Mr. NEWMAN. No.
Mr. RICHARDSON desired to modify, by saying
she power Of repealis reserved, in Of violation
of their charter.
Mr. NEWMAN and Mr. TURNER of Sumner de-
sired TO vote on the amendment in tact
MIR POLK should vote for this branch Of the
Misunderstanding the stock banks on the same
footing with the Bank of Tennessee.
The vote on this first division resulted-yeas 40,
nays %, as follow:
Teas-Msssrs. Bate, Bayless, Bentley, Blackburn,
Bradford, Brazelten, Caldwell, Cantreh, Copeland,
Davidson, DobsOn, Estes, Cannon, Griffith, Hamil-
ton, Harvey, johnson, Lamb, Low, Mickey New
man, Polk, Randolph, Roberts, Rose, ROWles, St.
John, Saunders, Schmittou, Smartt, stovall, Sum
mers, Thompson, Turner of ROane, Turner of Sum
ner, Williams Wilson, Wood, and Speaker DonelsOn
40.
Nays-Messrs. Anderson, Beale, Benton Bullock,
Cooper, Davie, Dunlap, Ewing, Frazer, Golladay,
Holmes, Ivie Kendrick, Keeney, King, Lackey,
Lloyd, Nancy, Rouslton, Renshaw, Richardson,
Shrewsbury, White Of Hamilton, White of Knox,
and Vaugha-25.
So the first division was adopted.
The vote on second diYisiOn-indivdual liability
the vote resulted-yeas 81, nays 4, as follow;
Ysas-Messrs. Anderson, Bate, Bsyless, Beale
Bentley, Benton, Blackburn, Bradford, BrazeltOn,
Bullock, Caldwell, Cantrell, Carter of Hardin,
Cooper, Copeland, DObsOn, Estes, Ewing, Frazer,
Cannon, Golladay, Griffith Hamilton, Harvey
Holmes, Ivie, Johnson, Kendrick, keeney, King,
.Lackey, Lamb, Lloyd, Low, Nancy, Mickey, New
man, FOLK, Randolph, RoustOn Renshaw, Richard
son, Roberts, Rose, ROBles, st. John, Saunders,
SchmittOu, Shrewsbury, Smartt, Stanton, StOvall,
Summers Thompson, Turner Of R0ane, Turner of
Sumner, Williams, Wilson, White of Knox, Wood,
Vaughn, Speaker Donelson-62.
N1ys-Messrs. Davidson, DaVie, Dunlap, and
White of Hamilton.
So the second division was adopted.
Pending the vote on the third dIvisOn-issues re-
stricted to dollar for dollar Of bona tide capital
Mr. ROWLES regarded this vote the issue of
sntagOnism to all banks, and return to pure me-
taIc currency, and emphaticaly disclaimed the doc
trine pertaining to the democratic party
Mr. NEWMAN and Mr. WILLIAMS accepted the
issue as individuals and as members Of the demo-
cratic party.
Mr. TURNER of Sumner should vote for the
amendment but showed thats pure metallic curren-
cy was not in issue. The terms Of the amendment
were dollar for dollar, for bona tide capital, paid
into said bank"
Mr. ST JOHN took similar view.
Mr. DAVIDSON should vote for the amendment
Planters Bank proposition.
MrPOLK opposed the Misunderstanding in agree
ment with Mr. ROWLE5 Its operative effect would
be to cripple every great interest in the State.
The vote resulted-yeas IS, nays Pas follow:
YeGs.-Messrs. Bate Blackburn, Bradford, Cald-
well, CantrelI, Carter Of Hardin, Davidson, Hsmil
ton, Harvey, Lackey, Lamb Low, Newman, Robert, !
st. John, Thompson, Turner Of Sumner, Williams,
and Speaker D0nelson-I9.
NayS-Messrs. Anderson, Bayless, Beale, Bent /
ley, Benton, BTazeJon, Bullock, Cooper Copeland,
Davie, Dobson Dunlap Estes Ewing, Cannon, /
Griffith, Holmes, Iyie, Kendrick, Keeney, King, |
Lloyd, Nancy, Mickey, Polk Randolph, Roulston, /
RenshaW, Richardson, Rose. RoWles, Saunders, /
Shrewsbury, Smartt Stovan, Turner Of /
Roane, Wilson, White Of Hamilton, White Of Knox, |
Wood, and Vaugh-42.
So the third division of the amendment was re-
jeeted
The question then required on the adoption Of Mr.
White of Hamilton's bill in lieu, as amended.
Mr. POLK desired to offer another bill in lieu
which wasruled out.
The vote on the adoption Of the bill in lieu, as
amended resulted-yeas p, nays 38-as follow:
YedS-Messrs. Anderson, Beale, Bentley, Benton,
Brazelton, Bullock, Cooper, Davie Dunlap, Ewing,
Frazer, Golladay, Griffith, Holmes, Ivie, Kendrick,
King, Lloyd Nancy, Randolph, RoulstOn, ReDshaW,
White of Hamilton, White Of Knox,
and Vaughn-27.
Nays-Messrs Bate, Bayless Blackburn, Brad.
and, Davidson, DObsOn, Estes, Cannon, Hamilton,
Harvey, Johnson, Lackey, Lamb, Low, Mickey,
Newman, Polk, ROBBERS, Rose, RoWes, st. John,
Saunders, Schmittou, Shrewsbury, Smart, StOvall,
summers, Thompson, Turner Of Roane, Turner Of
sumner, Williams, Wilson, Wood, and Speaker Don
son-38.
Mr. FULTON, having paired 0 E with Mr. NeWbern,
COX his position against all these questions, OF re-
harter and loan Of the State credit-giYing his
easons briefly tor the same.
Mr. RANDOLPH stated, in explanation of his vote,
hat he would vote for the bill in lieu, but reserying
himself the right Of voting against the same after
Is adoption, in the event that it not amended so
S to meet his approbation aud he would say that he
7as not opposed to banking when predicated upon
be right footing and that was satisfied We could
lot getalOng as a commercial peOpleWithout smized
urrency.
So the bill in lieu rejected, and the question
ecurred on the third reading Of the original bill
Mr. POLK proposed now to amend the bill By
-riking out after the second section, and adding
ropOsition derived from the Louisiana Banking !
aW.
Mr. POLK submitted it as proposition, the result
f conference amongst gentlemen Of unquestioned
no,o;oI He unovad rps0lutiou to Drint, ]