Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1859-11-11

one month afterwards passed a bill asd enacted It
into isw--ead what was it, Let Us hear il Yes
ana expeet my friend, Sir. Williams Of Hickman,
| voted for IT,
Mr. WILLIAMS of Hickman, [interruptiDgl No
Mr.. BENNETT Well. YOU Ouchtto have d0ss e.
but If You did not see you are still in your old
| slos But the hardest man in the county Of Sum-
| ner Mr. Turner] introduced il jim. Turner is
just ss good Democrat as Mr. Williams Of Hick-
man, and Just as hard The very Legislature which
passed the counter note system said that all free
banks and stock Banks shall be allowed to pav out
the bills OF the Bsuk Of Tennessee and its branches
Now, appeal to you sll, that when the Lsgisla-
ture foresaW that they had adopted the coanter
note system-when they saw the injustice to be
done the ate Bank by yit-they came along in March
aHerEe-ds. aud authorized all stock banks ana free
banks that accepted the restrictions that should
receive the bills Of the Bank of Tennessee aud
branches. to pay them Ont-and nov, is Il not un-
aeeountahly strange that that was left out OF the
Code, when the Legislature intended that the State
Bank should have sll the privileges and dimmunities
andrights that other banks had. Did the Democrat
c or Opposition party after they passed the counter
note system in January, sHd then in Msreh-oue
month sfterwards-did they surrender principle,
when they enacted the second sectten of the act Of
the 18th Of March > No sir, they were acting like
Legislators who fOresaw at that tine that the Oper
atiOn OF the cOunfer note system upon the State
Bank alone, would be Injurious and would wind her
up IN the course Of time. But sir the compiers of
the Code left it out. and under resolution Of this
House, the Committee Banks reported upoa
this question, and they explained In that re-
port tnat this act Of the 18th Of March is
repealed by 3 clause in the Code, although
the Legislature never intended it for q moment !
It IS Idle to say that the Legislature would |
on the 18th Of March succeeding turn roCnd and |
pass An act that never intended to 90 into force
Nov, gentlemen what does that mean? Ought not /
relleI and take her fetters on. | wonder what nv
friend from Hickman, Mr.. Williams would say If /
ne was tied hand and foot and should ccme up and
get into personal conflict with him. Would he
not cay, Unite my fetters; give sn equal chance
Justles would cry out aloud, "Take the letters of
OF him And now let gentlemen take into eOnsid-
Grafton how stands the Bank of Tennessee To-day
she Is fettered in chains and sir, the Union and
Planters Banks are playing upon her. and are draw
ing out her metal every hour; aud che cannot have
an equal contest with those banks Does not iustcs
dictate to US the policy of suspending the opera
ton of this counternOte system, and give the S,ate
Bank some chance TO afford facilities to the people
for the transportation of their comodities! Does
not justice cry aloud for TO come the rescue?
Il does seem 50 TO me, cir
1 ho?e, Mr. Speaker, that gentlemen understand
me now. ! know the charge is going to be made
here that the QemeeIRiic party surrendering a
principle, Tho man you nominated the other day as
president of the Bank OF Tennessee, is he giving
up cherished principle Of the Democratic party!
for he says he Is counter note system msn IN Ais
prlnci ples; and 80 is Gen. Sam. Anderson. They
want 1t understood that they advocate the counter
note system, bat they want il suspended upon the
State Bank to enable her to afford facilities for the
aid Of the great agricultural interests Of our State
Gentlemen let US threw aside party considerations
and come up and extend relief to cur people. Let
US do it, IL is d. msnded Of US. The Legislature |
has been in session here for Weeks-lhe cry Of dis
lress is abroad in the land and will do notbins1
Will We give no aid by legislative enactment? Will
We refuse to afford fscines to The people in this
distress? l appeal to gentlemen's pa
triOiisn on this occasion, and especially to my
brother democrats. l am old in the Democratic /
ranks have been a Democrat from my boyhood !
aud now sir when we have toe ascendency IN the /
State of Tennessee, will for fear of receiving
come up and discharge our whole duty TO the peo-
pie of the country? With these remarks, Mr.. !
speaker, ! shalt desst.
Mr.. BARKSDALE submitted his views, in brief !
n opposition to the bill proposed by the Bank Com
Hiuee aud as emphsnes'ly opposed 20 relieving the
State Bank from tae operation of the note
'ystem. He concluded by renewing his motion to 9
ay the original bill and committees bill in lieu
he table. a
Mr. BENNETT hoped the gentlemen would not I
gain make that motion until further opportunity !
Vas given for the discussion of the questiOD, :
Mr.. BARkSDALE. A. tae instance Of the gen
leuan, withdraw my motion, Mr, Speaker, .
Mr. BENNErP then obtained the AIOr but gave =
Esy for motion to adjourn.
Aud then
Ga motion, the House adjourned till tomorrow !
morning. o'clock.