The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1858-02-18
Mr.. :. II. JOHNSON made minority

Mr.. :. II. JOHNSON made minority
report.
INCORPORATION Acrs.
The special order Of the day, being the
consideration 81 the General Incorporation
Bills. the House went into Committee Of the
Whole.
Mr.. TALBOT moved that the bills be
cferrd back TO the Committee on lncor.
porations. which was agreed TO.
rux HOMESTEAD LAW.
This bill being taken up in Committee Of
the Whole, Mr.. PIERCE In the chair, the
amendment offered yesterday by Mr..
BEARCE. to mako y valuation tor the
Homestead. Al $4,000, being under consido-
ration, il was rejected. by ayes 20, nays ~
Mr. VEkrREsS moved an amendment,
| 10 exempt 50 acres, instead Of 100 acres, ~
provided by the bill Lost.
Mr.. RANDALL. moved TO strike out
that portion providing that the party re-
ceiving the advantage Of the Law, should
In the head OF the family.
| Mr. X ETH moved an amendment 10 the
amendment, that the value Of the homestead
should not exceed In value $4,000,
I Mr.. STAltkEY spoke on the umend
ment offered by Mr.. kRrrn, to limit the
amount to $4,000 tie said The amendment
II carried, would defeat the very spirit oil the
Homestead Exemption Law. You eanno,
define what sha l,e sailicien, 10 maintain
mans family the home Of man should he
sacred shut out forever the chances Of the
I tl.. Ina tl..a
from invasion This cry Of encouraging
roc,ns Is obsolete aud absurd. The yen.
tieman from Winona Mr.. lALcoNMsl spoke,
yesterday. a. to the effect vi an unlimited
law tia; il encouraged tho rich rcsne "a
live outside the city on 100 acres, worth
100000. Snch proposition was absurd
upon ia face who would shut himself up
within the bounds oi TO ncrcs 81 land for
! the pleasure al cheating his neighbor lie
could not move outside, hc must live there
and Mr.. :. conieudcd II thu valuation put
upon II by the gentleman was right, the
very taxes ON $40, 900 would rat him up
be- must starvc. just reflect $500 per acre
for harm land What farmer can afford to
live on sach place, for. bo II remembered,
such quantity IT land could only lie used
for farming p lrposcsf 60 acres OF that de-
scrl pton would he worth only what II would
sell ior farming purposes 10 inakc u
worth $4,000, the owner must lay IL out
into town lots and tho moment b. DOES that,
the property becomes ainenable Ia his crebl.
tors, Tor lpc can only claim, under tins law,
10000 square feet little lea than "Dc
acre As 10 the gen'lemans assertion that
Senators who AMENDED this law 20 as 81
make /, IA perfect as il IL, did So 10 Kill il.
was no, not so, "a he Mr.. - was informed
by several Sena,agsi the pcrscns who favor
| cd u limit 10 the law art those most
axious 10 load Il with amendments
10 defeat IT, The cry Of injurng
our credit abroad was another Of the bug
bears Of The opponeDis Of this bill. What
! do the people ca.t think OF us now. without
homestead Every paper Was ,eoming
with statements Of our disastrous condition
here. lie sincerely believed that the pas
sage Of this law would strike blow ut the
abused credit system. that would rebound 10
our paramount prosperity. An abused sys
| ten ~ credit was "A curse Ia us. lie main.
tained that MI credits are regulated aud
governed more upon the honesty Of the man
than the amount Of property hc may own.
A man would not be trostssl II he WIS dis
honest, though ever 40 rich. A limited law
checks mans energies; but make Il unl,n.
tied and you would inciie him 10 industry
anil perseverance, and insiil into the mind Of
his family kind Of natural nobility, the
sure foundation Of great and Tres country.
| lie was glad 10 know there were so many
| gentlemen Of thls House 10 favor Of such
law. II would be proud satisfaction Tor
| them in after years 10 look back, while cn'
| Toying the holy comforts VI hom', and say
| they helped 10 rear and mature this proud
monument Of American Legislation. II
| would he q bright epoch IN our early history
as n State, 10 pass this law.
Mr. BALC0MBE replied o. sop,e length
c0n,aiding that homestead ltw without
valuation on the exemption, wonb virtually
ieoi To the abolishmcii, NJ MI collections II
| debt. He drew al picture u man
owning Sb0,OO1 homestead, md would
cheat his poor neighbor ont of the price ~
| pair 81 hor4rs. btchns~ tie poor nciQhbor
| would trust him on account u hls fin prop
| crty, aud nj into recital u hs exI9ri.
4 AA'e ~ ~ fps'hh'N W WINNING E't"iN ~
! the East, on credit.
! Mr. KEITH then ob,sioc,i tbs floor and
proceeded 10 siigmatise rs ialse. the nss'1tion
10 yesterdays Ppsgss AID DxaocgAt. that
be had spoken IN opposition 10 the home
Stead bill Ailer defining his por,tn tba,
hc VIA in favor oil homestead law, he pros
ces,ioi to argue IN favor Of INN, 10 the
/ value oi ti.s homestead, bat mo'jcmiing his
opinion. Considerably from thosc ol the pre-.
yloas day.
, Mr.. TATTERSALL replied 10 Mr. BALI
CossE, particularly in reference TO expcri.
epcs 10 obtaining credit, and coBteDaing
that the question 10 in'dcc'ssi before man
obtainsd credit. was u know IL he wis hon.
est, Suspicion always attached 10 n man
I who s,ngbl credit On the strength Of bcing
/ owner oi large tract Vi hi,d.
4 Mr.. VEkTIE5s spoke IN favor Of Il
T limitation