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

make any provision for the payment of that debt
it falls due. Sir knowing this the passage of the
resolution is virtually declaring to the world that
we arc afraid to meet the responsibilities we as
sumed at home-afraid to march up to our duty and
face the music before our constituents like men,
Mr.. Speaker, I do not mistrust the people. l have
high confidence in the honesty integrity and good
sense of my constituents and will unhesitatingly
vote for the amount proposed-yea sir, would vote
for ten times that amount if it were necessary to
preserve the credit and reputation of the State.
Mr.. Meare was in favor of the resolution, vet he
was not afraid to vote for ten times the amount
asked if it was necessary. The resolution only said
"only more than was necessary" This was not
Objectionable. :.
Mr.. Fries explained that the treasurer had asked
$4,000 increase and the commissioners of the
sinking fund 100000. 1t was to meet these de-
mands that the bill was framed.
Mr.. Meares continued He was not in favor of
raising $lOO 600 for sinking fund.- as he considered
the receipts from the works of internal improvements
would soon be able to meet the accrung debt
Mr.. Ferebee said he distinctly understood the
committee on finance to state that the treasurers
and late governors statements were incorrect. If
they Incompetent officers at least this was
legitimate deduction; but he was more inclined to
rely the statements of the officers of State than
of those of the finance committee
Mr.. Ransom opposed the resolution; even if passed
it to nothing and if any discussion took place
it should be on the revenue bill where a remedy
could be applied What good could be effected by
this resolution? If there any object to be at
taned let it be brought forward and it would be
met but let them not take shelter behind the trea
surer and governor. This resolution not only de-
layed the revenue bill, but would call upon the
House to say that the treasurer and governor were
the governing power in the State. They might as
well abolish the constitution and let only the Trea
surer and Executive be Needed as 70 deny the right
of the representatives of the people to alter enact
what revenue policy they pleased He read from
the Treasurer's report to sustain the finance COM
mittee and called the attention of the House to the
fact that the gentleman from Camden, (Mr. Ferebee)
did not show there would be any surplus: If the
bill calls for too much let them reduce it. if not let
them pass it. Every man in North Carolina would
rather that surplus revenue should be raised than
the credit of the State should be injured.
Mr.. Bryan of N. H., moved to indefinitely post
pone the resolution-rejected, yeas SO, nay "a.
Mr.. Masten alluded to members of the last Legis-
lature, who after getting what appropriations they
wanted voted against the revenue bill that was to
pay for them. This would guide him on the pres
ent occasion, and he would remember it when some
gentlemen's projects came up. He hoped the rcso-
luton would not pass.
Mr.. Waters differed from Mr.. Masten and wished
for no difference of opinion on past matters. He op
treasurer king and subking of the State, and would
do away with republican government. He would
not submit to be dictated to controlled by either
treasurer Or governor.
Mr.. Caldwell of Guilford, thought the sinking
fund would not be permanent The principle is
wrong, and he defed them to prove that ever sink
ing fund had been constructed out of increased tax
alton.
Mr.. Ferebee replied to Mr.. Ransom and read from
the treasurer's report to sustain his statements
Mr.. Fries 1t was the former Legislature that
made the sinking fund, and if they acted incorrectly
let the present Legislature repeal it 10 have done
so would have saved the finance committee much
trouble. If the House should decide that the in
crease shall not take place, let them recommt ths
bill for alteration.
Mr. Simpson obtained leave to withdraw the res
olution.
Mr. Caldwell, of Burke, offered resolution, that
in the opinion of the Legislature the late governor in
his message at the beginning of the session. and the
treasurer in his report with regard to the taxes
essary to be levied mistaken in their calcula-
tions, and it would be improper in this general
sembly, to pass bill in accordance with the recon-
mendation of said officials"
Mr.. Fleming moved the resolution be laid on the
table-adopted yeas rs, nays 27.
NEW BILLS.
The following new bills were read the first time :
Mr.. Outlaw concerning the election Of the Chief
Justice of the Supreme Court.
Mr. Moore, of Chatham, to authorize the forma-
ton of mining and manufacturing companies.
Mr.. Caldwell, of Burke, to charter turnpike
company to make road from Morganton to Gran
Mr. Wallace to amend the charter of the town o.:
Charlotte.
Mr.. Caldwell, of Burke, to emancipate Samuel
Morphis, slave.
REVENUE BILL.
The revenue bill was then taken up and the dis
cussion renewed on schedule A.
In the clause taxing the note shavers one per cent
Mr.. Stanford objected to the amount, as it would
have to be paid by the person getting bills discounted
Mr.. Bridgers was in favor of striking out Zone
and inserting ''half as he considered the tax ex-
horbitant The House refused to strike out
After much discussion the clause was altered to
read 'ten per cent upon the profits Of each individ
ual transaction"
This was the only alteration made up to o'clock,
when the House adjourned to o'clock P. NJ.
NIGHT SESSION.
The House was called to order few minutes past
o'clock.
The rules being suspended the following bills
passed their second and third readings:
On motion of Mr.. Fries.
The bill to incorporate the town of Winston,
Forsythe county.
The bill to amend the charter of the town Of
Salem.
The bill to amend act incorporating the Fay
etteville and Western Plankroad Company.
The bill to incorporate the Salem Mutual lnsu-
rance.
The bill to change the time of holding Forsythe
County Courts
| On motion of Mr.. Hall, of Warrenton;
| The bill to incorporate the Warrenton Savings
| Bank.
| On motion of Mr.. Thompson,
The bill to extend the corporate limits Of Colds
borough
| On motion of Mr.. Williams, .--s. .-.---.
The bill to lay off and establish a new county by
the name of Ellington from the county OF New
| Hanover.
MIR. Bryan, of New Hanover, offered an amend
ment excluding portion of the proposed county a
| from its limits.