Weekly standard. [volume] (Raleigh, N.C.) 1858-1865, 1859-02-09
WEDNESDAY, Feb. ., 1859.
The Senate met at 10 O'Clock

The Senate met at 10 o'clock
Reports from committees were presented by
McSsrS. Lane, Edney, Pool and McKoy
Mr.. billiard also presented the report of the joint
select committee appointed to inspect and examine
the works on the Chesapeake and Albemarle Canal.
Ordered to be printed.
Mr.. Mills introduced bill relative to the Shelby
Female Academy, Ceaveland. Placed on file.
Mr.. Boyd bill to establish the Madison Savings
Bank, in the town Of Madison. File
4 number of engrosscd bills from the House were
read the first time ard referred
BILLS on THEIR PASSAGE.
The bill relative to the Superior courts of Burke
passed its second reading AlSo
The bill to extend tie time of payment of certain
entries of lands, and
The bill to extend the time for perfecting the
titles to lands already entered.
CAFE FEAR AND DEEP RIVER.
The bill to protect the States interest in the Cape
Fear and Deep River improvement was again taken
up on its second reading
The following amendments to the substitute of
the committee were adopted: 4 proviso to the I'd
section limiting the to be drawn from the trea-
Sury by the Governor to 800, ,0nO in any year
striking out the Sd section 1.-The capital stock
of said company is hereby increased to $4,000 00'
proviSo to the 9Th section, authorizing the Cover
nor to bid, in case of sale of the works. That
such sum shall not excecn $6ot, 600, and provided
such sum shall first be used in the payment of debts
Nj AShe thought these amendments removed
every objection to the substitute. The first limits
the amount Of calls by the Governor to 100000 rCr
annuu, and that it thought, would be as much as
it necessary to spend i'll any year. The next
left the amount of the stock OF the company
before. The third limits the amount of the bid III
cISe of sale of the wOrk-and that amount would
about cover the States interest in the work at the
time of sale These were all the objections urged
10 the substitute. The single point then left, he
.aid, was whether the Legislature was disposed to
do anything, it the intention to let the
pany 90 down and the work bc lost. lie concludes.
with some general remarks On the Importance OF
the work.
Mr.. Lane offered as further proviSo to the Cd
section, all amendment providing that the power OF
the Governor TO draw $l0n,nn0 per annum from The
treasury should cease the lSt day of January,
1851, unless further authorized by future Legis-
latuSc. Adopted.
Mr. billiard thought this matter too important to
be un through hastily. He was opposed to giving
the legislative power to make appropriations to the
Governor, and board of internal improvements.
Major Gwynn had estimated that it would take
81, POO 900 to complete the work ina permanent
manner
Mr.. Pool said that the estimate of Maj. Gwynn
was $500, 900 to complete the present work, and
that 500, coo had since that time been expended on
it, leaving about 5000 600 to complete it now. ST.,
%, 600 was the estimate to make the work pcrna
nent by stone locks. The present bill did not con-
template that After some general remarks, he
said it was not proposed to give this power com
planned Of to the Governor; it was to be vested in
a commission. The committee did not consider them
selves competent to settle on any definite plan.
Mr. Ashc followed with statement relative to
Maj. Gwynn's opinion of the improvement tending
to show that he regarded it as far above any other
in the State.
n, EJ-,,,, e+,+od tlo roo.o,,e ,,l,;,h hal o,o
the committee in its course on the matter In con
clusion he expressed himself in favor of rock work
to make the improvement available-of getting riG
of the company-of the State buying in the work
and finishing it.
The question was then taken on the passage O.
the substitute amended and resulted in its rejec
ton aye H. no 26, as follows:
In the atlirmativc-Messrs. Ashe, Cherry, Dou
thtt, Edney, Gilmore Houston, Mcdonald, Nc
bowel, Pitchford, Pool Ramsay, Speght, Stranghan
Thomas, Ward, Whitaker, and Williams-17.
In the enegative.-McssrS. Basnight, Battle, Blount
Brown, Carmichael, Cowper, Cunningham DAVIS
Dillard Dobson, Flanner, Gorrell, Guyther, Lane
Landlord, Leach, Martin, McKoy, Miller, Mills
Reinhardt, Steele, Taylor, Turner, Walkup ant
Williams-26
Mr.. Pitchford explained that he had voted fo
the second reading in order to offer substitute OF
the third, which would meet his views more fully
lie did not rise to ask to change his vote-he was
not at all sorry he had given it. He gave motto,
that at an early day he would introduce a different
bill for the same object
THE BANKS OF LEXINGTON AND SALISBURY.
The bill to establish the Bank of Lexington pass
ed its third reading without debate by vote of 81
to II, and was ordered to he engrossed.
The bill to establish the Bank of Salisbury passet
Its second reading by vote of 81 to II.
Mr.. Ramsay spoke in support of the bill at some
length. He showed the necessity for the bank, th'
amount Of banking capital in the State and the grea
dsToportion in Salisbury as compared with vii
mngton Fayetteville, Raleigh, Charlotte and othel
places. lie argued to meet the objections hereto
fore urged, and cited statistics of trade and com
nerce in support Of the necessity for the bank anc
to show that Salisbury was the most important
PefNt "a IhS n g ntsk