Semi-weekly standard. [volume] (Raleigh, N.C.) 1853-18??, 1858-12-21

would Ike Mr. Turner should have IN opportunity |
Of unveling these terrible mysteries.
The motion was agreed to-
The uuestion then required on concurring in the
proposition of the House to print the document
Mr.. Douthitt demanded the ayes and noes.
The vote resulted-aye 36, no l.
\ Mr.. Worth voted in the negative
On motion of Mr.. Flanner, the Senate adjourned
till 10 o'clock on Monday. st@
HOUSE OF COMMONS.
at half past o'clock the House was called to or
CHRISTMAS HOLIDAYS.
Mr. T. R. Caldwell, from the joint select commit
tee reported that general leave of absence be gran
ted to all such members rs chose to accept it. from
and after Thursday next the 23d inst until Satur-
day LIST of JAM next no bill or resolution of pub
lie nature to be acted upon from the Esd of Dec.
1868, to LIST JAN 1859; which report was concurred
in.
REPORTS
Mr.. Scales, from the committee on claims, repor-
ted adversely to the memorial from Cherokee coun-
ty, in favor of L. G. Gilreath.
RESOLUTIONS. ,.---
Mr.. Simpson, requesting the Governor to furnish
the House with list of the Trustees of the Univer
sity.
Mr.. Lane, in favor of purchasers of Cherokee
lands. Referred to the committee on Cherokee
lands.
Mr. Bridgers in favo. of James F. jenkins.
NEW BILLS.
The following bills were read the first time and
referred:
Mr. Morehead, to incorporate the Steele Gold Mi
| ming Company; ,.
Also to incorporate the Lizard Dale Copper Mi
ming Company;
Also to incorporate the Halsey Mining and Smell
| ting Company;
Also to incorporate Mining
| Company;
Mr. Simonton, to authorize the registration of
! tain receipts and releases;
Mr. Speer to incorporate the Jonesville Male and
Female High School, Yadkin county;
| Mr.. Mckay, to amend the 36th chap. Rev. Code,
| concerning currency.
Mr. Byrd, to regulate the 92d regiment of N. c.
! Militia.
! BILLS ON THEIR THIRD READING.
The following bills passed their third reading and
were ordered to be engrossed.
J The bill to charter the Black Mountain Turnpike
Company;
The bill to prevent horse stealing. This bill pro-
vides whipping for the first branding in the fore
head for the second and death for the third offence
The bill to provide for eecting Clerks and Masters
| in Equity by the people At later hour the bill
! was reeommitted to the judiciary committee for
| amendment.
The bill to amend the act establishing Harnett
| county;
The resolution in favor of T. NJ Albright of Ala
| nance;
The resolution in favor of John Caldwelrs execu-
| tor;
The bill to prevent the telling of timber in Tucka-
| hoe and Trent rivers;
The bill to protect purchasers under judicial sales
The bill to amend chap. 18th Rev. Code, concern
ing official bonds;
The bill to amend 10th chap. Rev. Code, entitled
| marriages.
The bill requiring the day of receiving and execu-
/ ting to be noted on Justices process;
The bill to make husbands liable for the debts OF
their deceased wives;
The engrossed Senate bill to amend 9Th sec. 99th
chap Rev. Code
over Yadkin river;
The bill to authorize the county court of Duplin
to sell certain lands the property of the town Of
Serecta.
Mr. Stanford opposed the passage Of the bin 90 !.
parties since 1865.
Mr.. Ward stated he had brought in the bill at the
request of his constituents 1t only gave permission
to sell by majority of the county court Bill re-
jected.
The engrossed Senate bill to amend the charter of
the Keowee Turnpike Company;
The engrossed Senate bill to incorporate the New
bern Light Infantry;
The engrossed Senate bill to incorporate the Ra-
leigh Gaslight Company;
The bill to incorporate the Atlantic Mutual Fire
and Marine Insurance Company;
The bill to incorporate the Cherokee Turnpike
Company;
line OIL 10 auCnOrlZe COe court OF quarter
and common pleas of BERTHE county to collect wharf
age. -
| SMALL NOTE BILL.
Mr.. Foy's motion to reconsider the vote rejecting
the bill prohibiting bank bills of less than three dol
lars was agreed to.
Mr.. Hill, of Halifax, said the motion was made
merely to give members an opportunity of expires
sing their sentiments upon this question: which had
occupied the attention of the House two years ago.
Up to 1880, the power of banks to issue small bills
was unlimited; but the people saw the wrong in
1885, and no bank was permitted by their charter
to issue less than So from that year until the last
| General Assembly, when the day for small bills
came round He said in certain sections the people
refused to enforce the law hence the specie did not
come into circulation, and stated it never would as
long as refuse paper money was in demand. 1t
might be asked where the specie was to come FROM
He would reply, money would seek them if the pro-
ducts of the country were worth money He in
stanced his own county, where the bill prohibiting
small notes did good service and convinced him that
the law ought to be restored as it originally stood
He described the practical effect of such law in
Virginia and Mississippi. He convinced that if
members had the frmness to stand the pressure
from without in two years the people would be sat
isfied with the change. He said paper money inaa-
ted prices and described the inconvenience of paper
money and the advantage of specie currency. In
Virginia and South-Carolina there was specie cur
rency, and in Tennessee debased paper issue which
would not pass out of that State, and considered
these circumstances offered favorable opportunity
| to Danish small notes.
Mr.. Mckay was opposed to Mr.. Hills proposition,
and insisted that small notes were the poor mans
friend. He thought there would not be specie to
supply the demand caused by the withdrawal of
could legslate gold and silver into the country, and
argued at some length in support of his views. He
hoped the House would not legislate against small
notes, which are great benefit to poor people.