The weekly Ottumwa courier. [volume] (Ottumwa, Iowa) 1857-1872, 1858-02-25


bilIsa Nisthat they may circulate here, and
not get home. He wished sound bank and
q restriction OF small bills.
Mr.. J. Clarke. Of Johnson, read an extrac,
from the Bard Of Trade in Plila Ielphia to
the State Legislature to have no bills Of q less
denomination than twenty dollars, as there
was specie enough for ordinary business ; and
referred to supplementary biIl to prohibit
small bills.
M. Trumbull said the people, under the
new Constitution, had pronounced in favor Of
bank i-sres; and as small bills were most
needed, he would not impose restrictions on
them and so cripple the system that the peo-
! pie desire. s f{.
| Mr.. Jackson said the supplementary bill
referred to was essentially that Of Illinois ,
and that ne reported It, not suppo.iug II wo'd
be adopted He a-gued that one dollar issue
was jnst a. safe as any other denomination. -
All issues, nnter this bill, are safe-so safe
that il is questionable whether any benk will
60 into operation under it.
Mr.. Clune reiterated the fac. Of the Mary
land restriction as respected there; and was
sorry to hear that such a prohibition here
would not be observed. He thought IL arga-
ed that we were not Law abiding people. 3
Mr. Woodward. Is the prohibitory law
OBJ served in Des Moines county
Mr.. Clune. 1t would not be with visits
from sqch gentlemen As the member from
Buchanan, Mr.. W.
Mr.. Clune continued -asserting the abund-
ance OF gold and silver in Maryland.
The amendment to restrict small bills was
lost.
In the section requiring twenty-five thou
sand dollars capital,-
Mr.. Thompson moved to strike out twenty
FIVE and insert fifty thousand.
Mr.. Foster hoped not. thanks are a con.
vsnience, they should be numerous, as they
would Be equally safe.
M. Sewers apprehended that email hanks,
az in Wisconsin, was not 50 well, as the lar
ger ones in Illinois.
Mr.. Bennett suggested the insertion Of one
hundred dollars, so that the gentleman from
poweshiek (Mr. Foster) could go into bank
ing.
The amendment was lost, by vote Of 80 to
"a. "
On motion Of Mr.. J. Clark, Of Johnson, the
bill was amended so as to define and limit
shares to one hundred dollars each, also
value Of the taxable property by the bank
commissioners was stricken out from the clause
rendering the banking association taxable, like
other property in State.
Some other verbal amendments were made,
and the committee rose.
The Senate continued, in committee Of the
whole the discussion OF the State Band bill.
Feb. 10, 1858.
The Senate this morning took upthe
school Bill and substitute by the committee.
On the section providing for separate
school for colored children. where they
cannot 90 to the common school by the .unan-
imous consent OF the district" a lengthy de-
bate arose.
Pending the discussion, the committee rose,
and had leave to sit again. ~
The Senate, this afternoon, have had the
biiifor collection Of revenue under consldera-
ton, in committee of the whole.
The House, this forenoon passed tho Sr-
preme Court bill for argument Terms at Bur-
iington, Davenport and Dubuque, with an
amendment Of Council Bluff, on the Missouri
Slope. which it is feared by some, will defeat
he bill in the Senate.
This afternoon the consideration Of the Free
Bank bill is continued, in committee OF the
whole, bnt the specimen OF yesterdays debate
sent you. may be sufficient for the present.
The House appointed committee on Com
merce. TO whom was referred a bill 10. the
sale OF goods in warehouses and by common
carriers. II.
From Kansas