Muscatine weekly journal. [volume] (Muscatine, Iowa) 185?-1890, 1858-02-27
THE CURRENCY WAR,


THE CURRENCY WAR.
The war on wild cat currency and will
cat institutions has commenced in earnest
, Oar flag is NAILED to the mast head, and OF
its broad folds are inscribed the followin,
words: ono QUARTER ASKED--NONi
! GRANTED"
Summary of Legislative Proceed.
> .Fas,s ings.
SENATE.
Feb. 16M.-The bill returned from tn
House,. concerning the foreclosure of mort
cages, was taken up, and, on motion of Mr.
Rankin, the amendment was concurred in.
A bill for an act prescribing the manne
OF foreclosing mortgages, and of the re-
demption Of property thus taken and sold
was referred to committee on Judiciary.
Feb. l7h.--Mr. Grinnell, from Schoo
Committee, reported the bill fer Medica
Department of State University, recon
mending its indefinite postponement. Con
CURED in.
Also, a bill making an appropriation o
$27, 900 to the State University-also $1,000
for the establishment of an Agriculture
Professorship in the same. Laid on the ta
bic
A bill for an appropriation of $1,000, te
secure collection illustrating the Ornithol.
ogy ard Zoology Of the State, was laid or
table.
The Committee on Ways and Means made
a report recommending the indefinite post.
ponement of the resolution providing fo,
the adjournment of the Legislature on the
4th of March. Mr.. Anderson moved to re.
commit the resolution to the committee
with instructions. Carried.
Feb. 1SM.-The Bank Bill was considered
in Committee of the Whole.
Mr.. Thompson moved that the number of
Bank Commissioners be restricted to nine.
Carried.
In the list Of the Commissioners, the name
OF Thomas Hedge was stricken out, and that
of G. W. slagel, of Jefferson county, was
inserted.
MIR. Davis, of Polk, moved to amend sec.
ton 47 by appointing three persons on the
part of the State to act as Directors, with
those elected on the part of the Bank.
The amendment was then adopted.
The gentlemen named as Directors, az
above, are Messrs. II. Sherman, Of Polk
county, B. Lake, Of Clinton county, and E.
Fl. Lake, of Clayton county.
MIR. Cattell moved to strike out the name
| Of j. w. Dutton, Of Muscatine county, from
the list of Bank Commissioners, and insert
that of Jacob Butler, of the same county.
This called out considerable discussion,
and several Senators declared their determi-
nation to vote against putting any man upon
the Commission who had been, or now is, a
Banker. This was the only objection urged
against MIR. Dutton.
The motion to strike out was lost.
Mr.. Loughridge offered an amendment to
section Al, providing that no person shall be
eligible to the Office Of State Director who
owns stock in the Bank. Adopted.
Feb. l9M.-The concurrent resolution in
relation to tho settlement with the De ,moines
Improvement Company was taken up, and
Messrs. Loughridge and Jenkins eppointod
members Of the committee on the part of
the Senate.
The school bill was next considered, Sec
tion S0th Of which elected considerable dis.
eussien. This section provides that the Di-
rectors shall provide for the education of
colored youth in separate schools, except in
cases where, by unanimous consent of the
District, they may be permitted to attend
with the white youth. The question was not
decided, and the committee rose and asked
leave to sit again.
Feb. 15h.-The Committee on Roads and
Highways reported that the Legislature had
no power to legislate on the subject except
by general law, and recommended that Pc
titiOns for the establishment and vacation of
State Roads be laid on the table. Concurred
in.
Feb. l6th.-The eutire forenoon and much
OF the afternoon was occupied in discussing
the provisions of An Act establishing Boards
Of County Commissioners, and prescribing
their duties.
A concurrent resolution was adopted ap-
pointing tive members of the House and one
of the Senate committee to make full
and final settlement with the Desmoines
River and Navigation Co. Messrs. Carpen-
ter and Belknap were made members of the
committee on the part Of the Hou'e. Mr.
Manning, Commissioner of the Desmoines
River improvement, was added to the COM
mittee.
Feb. l7tn.-A protest against the Kansas
resolutions adopted sometime since was pre-
sented by Mr. Clark, Of Dubuque. 1t was
signed by % of the Democratic members.
The protest acknowledges that the people of
Kansas did not have an opportunity to pass
their judgment on the Leeompton Constitu-
ton, and that it would be in derogation Of
their rights, and contrary to the spirit and
intent OF the Kansas Nebraska bill itself, to
admit the Territory under it. The protest.
ants, however, object strongly to the Ian
gsage used in the resolutions adopted by the
majority, as 'unwsrthy Of grave deliber-
alive assembly, and not fit to be contained
in its records" The document is through
out of . most temporiziug, non, oommittal
character. Mr.. Mahoney, Of Dubuque, an
able and leading Democrat, gave notice that
he dissented from it, and that he should Of
fer another which should express his views.
lie does not hesitate IT, condemn the Le-
compton swindle. After considerable dis
cussion on certain points Of order, the Pro
test was ordered to bc spread upon the joar'
nal bya vote Of 81 to 9.