Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1859-11-17
HOUSE OF REPRESENTATIVES.
WEpNEsDAY. November l6, 1859.

WEDNESDAY,, November l6, 1859.
The SPEAKER announced the Committee Of In
quiry about ,hs purchase Of on ezssativs mansion
to be Ne srs Fsrrelly, Gillespie. Shield Porter and
Johnson.
REPORTS PROM COMMITTEES.
Mr. SHE'D, from the Committee on Internal I'm
provements returned Senate bills 70, 50 and 80 snC
House bills III and 247, recommending pssssg3
Mr DAVIDSON, from the COMMITTEE on Educa
ton, returned the bill H R. 26S, recommending
passage.
Mr.. BARESDALE. from the Committee on Free
Negroes and Slave Population, returned House bill
l9 and 30, with bill in lieu Of the two, which wa
read.
The following is synopsis of the bill:
Section /. Provides that no free person Of color
between the ages Of twenty lone aud fifty years
shall reside in this State after the LIST day OF May
1860.
Section q Provides for the arrest Of free person
Of colcr bet the ages mentioned in secIOn LIST
and that he Attorney General shall prefer iudict
nents ex-officio, and also the oondemning of the
same by the court, and sale to the highest bidder
Section Provides for the sale By the Clerk fJi
cash. ana no free person of color shall be allowed
to purchase at the sale or after the sane
Section L. Provides tor the paying Of sll costs &C.
cruiDe ty tie sale cut Of the proceeds, aud the
msiuder Of the proceeds paid into the common
school fund Of the county.
Section s. Provides for tbe hiring out of al FREE
persons of color over tea ana uGder tEenty-One un
til th3 same arrive at twenty one.
Section g. Provides for minors when they arrive
at twenty lone, and that the came shall leave the
State in three months thereafter.
Section I. Provides that this act shall not inter
fere with The law of the Code which allows volua-
tary enslsvement
Section s. Provides for the payment Of officers
aelIng under this act
Mr. CHEATHAM urged the necessity Of print
ing the committees bill in lieu, as it was an i'm.
portant one, and in which his constituents
very much interested. lie moved that 500 coPie
be printed for the Of the House.
Mr.. LEA hoped that the representative from D3
wilson, Cheatnam and Robinson, Mr.. Cheatham
would substitute one hundred aud fifty copies fol
FIVE hundred, ia order 10 cut of unnecessary ant
useless debates, he was willing however to print
any reasonable number, for he believed it was thu
most important bill before the Legislature. lie cam
here to vote against the charter rechartsr of am
bank aud to vote against further extension o.
ssik all or appropriation, bat he had rather SCI
bank after bank chartered aud State aid extended
to one thousand doa than TO ses this bill fail.
they passed this bill, whatever else they might Do
they win have done well.
The m1tiou to print WAS agreed to-
[The fao~ing verbal report from the COMMITTEES B
made yesterday morning. will have its proper place in the
IsLATIyE USIOS AMERICAN. Z
Mfr. BENNETT MIR Speaker; by leave wiuA
like to make report from Standing committee,
for was not in my seat when reports frtm Commit
tees were called for.
The COMMITTEES on Banks have had under cOnid-
Grafton Senate bill y, which suhorises any spscie
paying bank 10 receive and pay out the notes ofaoy
other specie paying Oank Chare cred by tbs Safe.
The Committee recommend bill in lieu of tlatone
it is as follows
SEC. l. Be It enac ed by the General Aserbly d
the State Of tennessee, That DO bank in this State
shall issue any note not made payable atthe count
er where issued, nor shall any bank Jay out the
notes of other banks; but this restriction upon
paying out the notes of other banks shall not oper
ate SO as to prevent the principal bank fOm paying
out the notes Of It's branches, but such hrsneh
notes when paid out, shall, bg Law, os payable at
such principal bank as well as al theeounter where
H,sde pa able.
SEC. 2 Be At further enacted, Tina it shall be the
positive duty OF principal banks, at all times 10
furnish and supply their several banokes With cir
culsticn payable at such bralekei respectively, in
proportion to the capital of said branches, as to
plGee it out Of the power of any principal bank to
impair or cripple any branch Isnk, in extending
to the community where the same
may be located; and it is hereby made the duty Of
ths principal bank and its breaches to adj 4 their
and transmit circustioa from one to
a. OAieu as u may - hSO0boaAg " C1IIy
out this provision. Preceded that such transmits
sion of accounts shall take place at least once in
every month.
SEC 8. Be It further saacsd, That this act shall
lake effect from and sfeT is passage.
That bill, Nc, Speaker, 1ey direct me to offer il
leu This, i is thought Ell give the relief to the
State B,na which she desires and it is immateral
10 me, sir, low that relief comes; whether it comes
n any particular shape or brm | care not, so the
relief is ended. Il is alI desire as al advocate
or the relief.
bill introduced by the gentleman from HaB- |
lins (Mr Critz) was also considered and bill in /
leu proposed by the Donhittee Cor his, suspending
he operation Of the eouater-note system until the /
onion and Planters Bsnk accepted Of the restTic-
ion or until the ehsrtei Of those banks expired. 1
But the grievance o0nPsinsd Of By the ste BAak (
g that under the preset counter note system she /
ISIS to redeem he nOigs Of all her branches, and /
'hsn she does 50 shecsnnot pay them out. That
3 the prisciple % the counter note system By |
efsrencs TO it, is seen that ''nO bank shall psy
ut the notes of anJ bank chartered by this State
Or after the FIST day of September, 1859. issue or
sy out suy noto not payable on demand at
be counter whore issued or paid cut"
Now this ill offered in lieu Of the Senate bill 4
avs that nobsnks hall issue any note not naisIpay
bic at the ,ounter where issued shall any bank
sy thfn0tes Of other banks but this restriction
hall net operate 80 as 70 prevent the principal
ank from paying out the notes of lis branches, 30
hat it shall not be dead capital in the vaults of
be banL This Use xtendiDg the principle Of the
ounter note system-this reaches the grievance
Orphaned of by the State Bank; and | gGder-
and further that if this bill passes, the Uuion
nd Painters Bank say they will accept the restric-
on md CONS uader this bill II they do, then all
anss viii be on an equality, Under the present
7sRm the State Bank cannot pay out single dol !
IT Of her branch notes; but if We pass this bill it
,Sches what the advocates Of the bill laid on the
ole the other day desiRed.
Now, it does seem strange to me that gentlemen
DO pretend TO DO inimical to the Union and Plant
s. Bank-when the State Bank is what we regard
the peoples bank; when it is the peouiisr
ealure Of this Legisature-when it Is known
at the capital Of those banks belong to gen
men in Philadelphia anG New York. say
strikes ne as astonishing that gentlemen
0 not willing to put their own bank upon an
ualty with the Union aud Planters Banks. 1: is
own that they refused to comply with he restric-
ms passed January %, 1858, that the Legislature
8 no power over them that the State Bank was
und to acoept Of them. repeat again and again
does seem strange that gentlemen will not say /
~ are willing to put the peoples capital on an
lslity with Northern capital l do not say this
the purpose of engenderiDg prejudice against
rthern capital, ] scorn to do that but geatle-
n who claim to be il favor Of the principle of
ihiitJ bbOAiA hAuAuk " put the CApl-
Of the people of Tennessee on an equality with
rthern ,pitsL Gentlemen say ON fer running
ltrary to the counter note principle II under
I'd the counter note system, il is
rhe SPEAKER, (interrupting. Will the gen
nan from Sumner allow me to call his attention
the rule which requires that all reports from
nmittee7 shall be ia writings
Ir. BENNETT. wanted to explain my position 9
N this question: and also the position Of the Com
tee on u suk1. Tasi Commitlee S aud 10 the At
10 Of reporting in favor of the hill in lieu of the
ate bill and also in favor Of he hin in lieu Of
bill of the gan'leman from Hawkins The OBJ
of the Bauk Committee is extend relief to
Stste Bank in some form, il immateriaI how
} not want to place the Bank Committee in q Dad
pc, for think they are consistent. n
FoTSAes.
ir. BICKNELL off red he fol- owing:
.ssolUed, That he Door-kseper procure for the
Of this House par Of 7, st-Sfiee balances, to-
Ter with the ra ts Of postage letters and lec-
snts.
nder suspension Of the lulr the rssolu ton was
pied.
PRINTING or PUBLIC DoCUMEETi1
IT. VAUGHAN offered the following;
THEEEAs, There is a heavy ard useless expense
osed upon the State BY the printing Of mora =
lie Documents and papers than the interests Of
public require Therefore. -
e e TSsOLss9, That a Select Committee be ep- 4