Weekly standard. [volume] (Raleigh, N.C.) 1858-1865, 1859-02-23

The Senate refused to strike out
MIR. Cowper proposed to add to the same provision,
Provided the stockholders shall think proper"
Mr.. Ashe said if it was desired to establish any
bank at all, these amendments ought not be
offered, as delay in sending back the bill to the
House. at this late hour, would result in its defeat.
Mr.. Brown concurred in this view. For his own
part lie would vote for no bank with exclusive
privileges. He was not called upon now to give his
views on the matter. The people, the legislature
and the judiciary all concurred in the establishment
of such institutions and all that could be done now
was to guard as much as possible the rights of the
people and to do what they could to secure sound
and healthy currency. In this view of the case he
did not hesitate to express his belief that the bill
now before the Senate was the best he had ever
known before the legislature of North Carolina. it
introduced many useful reforms.
MIR. Pool could not consent to the passage of the
bill without amendment. There ample time.
Without one amendment was adopted he could not
support the bill.
Mr.. Cowper's second proposition was rejected.
Mr.. Pool moved to amend by leaving the question
Of taxation on stock open. He was opposed to
tying the hands of the Legislature. Rejected 81
to IL.
Mr. Pool then renewed Mr. Leachs amendment
Rejected 80 to s.
Mr.. Cowper moved provision that the bank
should be compelled to loan the State an amount
not to exceed S3O0,G0o instead of 100000.
Mr. Brown warmly opposed the amendment If
his opinion could prevail, no bank should be obliged
to lend money to the State. He would tiissever all
connection between them-he would establish the
sub-treasury in every State and dissolve this con-
nection as cffectuay as that between church and
State
The amendment was rejected-30 to 4.
Mr.. COwper moved to strike out all after the en-
acting clause and insert provision that the charter
of the Bank of the State should not expire till 1862
Mr.. Steele thought it strange that Mr.. Cowper
should move just now to compel this bank to lend
100000 to the State and now move to substitute
for it, a bank which was not bound to lend one
dollar
Mr.. Cowper argued to show that the State bank
was sufficient for all necessary purposes. He was
not to be gagged or compelled to take this bank or
nothing else.
Mr.. Steele said no attempt had been made TO gag
any one, and that Mr.. Cowper was a hard subject
to gag when he took the notion. For his own part
he wished they had a gag law sometimes There
had been ample time to mature all the plans pro-
posed for bank-they had all been discussed
thoroughly, and if they desired to kill this bill
they might do so without crowding it with amend
ments. He did not care copper whether the bill
passed or not. His opinion they could do very
well without any such bank.
Mr.. Turner opposed the bill at considerable length
The Senate refused to strike out-31 to G.
Mr.. Cowper offered an additional section
giving to the next Legislature power to amend this
charter as they might think proper. Rejected
80 to :.
The bill then passed its second reading without
amendment, by a vote of 25 to H. and its third
reading by vote of 90 to IL, as follows:
For the BiM-MeSsrs. BaSnight Battle Bledsoe
; Boyd, Davis, Dillard Douthitt, Edney, Flanner
Gilmore, Gorrell, Guythcr Houston Lane, Leach
Martini Mcdonald Mills, Pelsor, Ramsay, Steele,
Straughan, Taylor, Thomas, Walkup, Ward, Will
liams and Worth-2S.
Against tile BM-Messrs. Ashe, Brown, Cowper,
Cunningham, Dobson, Humphrey, Mcdowell, Nc
Koy, Miller, Pitchford, Pool, Speight and Turner
13.
The bill to incorporate the Fayetteville and War
saw Railroad Company was put upon its third
reading.
Mr. Turner moved to strike out the l4th section,
authorizing the Wilmington and Weldon Company
to subscribe for $4,000 worth of stock.
Mr.. Ashe opposed the motion on the ground that
its adoption would cause the bill to be lost at that
late hour
Mr.. McKoy said the bill gave the Wilmington
and Weldon Company no power they did not posses
under their own charter He appealed to the Senate
on behalf of Sampson, who had hardly ever asked
for anything and had never received anything. The
Wilmington and Weldon Company could take out
the proposed amount of stock 10y work from their
shops, hauling materials, &c
Mr.. Miller opposed the bill.
Mr.. Ward also, and called for the ayes and noes.
t The section was stricken out, and the bill as
amended passed its third reading.
! EXTRAO. :DINARY SCENE.
THF NORTH CARoiIN.l ROAD.
| In order that the reader may have full and cor
rect understanding of the matter which led to the
/ following extraordinary scene, the Reporter deems
| it proper to recur briefly to past history in con
ncction with it. On the 29th of November Mr.
| Worth moved that message be sent to the House
proposing to raise ointsclect committee of five
two the part of the Senate and three on the part
of the Housc-"to examine into and report upon
the financial condition and general management
of the North Carolina Railroad Company" This
resolution was adopted without dissenting voice
| but was afterwards ION the same day. so amended
as to include all public works in which the State
was interested each having separate committee.
Messrs. Worth and Mills were appointed the Senate
! branch of the committee on the North Carolina
Road, and Mr.. Worth was chosen chairman on the
assembling of the committee On the Sth instant
Mr.. Worth as chairman, presented the report of this
committee, upon which the following proceedings
took place:
MI Humphrey moved the reading be dispensed with and
! that tie report be printed.
MI Pool moved that 20 copies be printed for each men,
| ber Rejected.
Mr. McDonald moved that 10 copies be printed for EACH
Rejected-24 to IT,
Mr. Bledsoe moved to lay Mr.. Humphreys motion
the table, lie was for printing the report and would
vote many copies needed but he understood
minority report would be presented and it would be bet
ter for both to be printed and to go together.
Mr.. Ramsey called for the ayes and noes. Rejected %
to IT,
Mr.. Turner moved to print five copies for EACH
Mr.. Leach demanded the ayes and noes. Rejected-9l
to II.
Mr. Thomas could not understand the opposition shown
a short delay in order to have the minority repor
brought in He desired to have the present report read
it course he had never departed from where any
interest manifested in the matter How did the Sen
ate know whether it ought to be printed all? He asked
for the reading and he asked to delay the order to prn
till the afternoon Tomorrow, in order that the minority
report should 90 with this that the people might hay,
ali the information together, If the report not sen
in by Tomorrow he would to have this printed ane
go out alone and he would then vote print the minority
| report separately.
Mr.. Houston ooncurred with Mr. Thomas He objected
,haytn