Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1860-01-15
TENNEssEE LEeIsLATURE.
HOUSE OF REPRESENTATIVES,.
S.rrnn.r- Innuarr IA 1870

oAAbA@DaAf S~uA-Ig IL AOov-
The journal Of yesterday vas retd and aulhen-
Tested.
number Of bills we're returned to the House
from stanlirg commiliees
NEW Bills
The following bills vere introduced ~ leave,
read aud ssysrally passed the f-s reading without
objection.
By Mr. GILLESPIE 434 to furnish all the civil
ofioers Of the State with IcGuire's Tennessee JUS
lice aud Magistrates Guide CApProprisFes no 900
By Nc COWDEN, ABS, TO Incorporate the Union
Academy in tho county Of Marshall.
By Mr. BUTLER, 436, to establish the State line
between Tennessee and North Csrolisa, between
certain points.
By Mr.. BLEDSOE, 487, to iuoorporata the Win
ier's zap and Kentucky Turnpike Company AID for
other purposes.
BLOUNT CoUsTY OuASCERY COURT
Ga molten of Er. BICKNELL. his BILL sos, to
change he lime of holding the Chancsry Court in
Blouu. county was takou from the files read ard
passed the third reading under c dispensation Of
the rules.
LEAVE OF ABSENCE.
/ Mr.. BENNETT obtsined leave Of ab lsnce for Mr..
B .rksdle tin Monday. II
CIycESATI AND CUMBERLAND Gar RAILROAD.
On motion OF Mr.. BRAZELTON. the rules we're
suspended sEd his bill Il $685. 10 change the
/ name Of the CiPcianttJ aud Cumberland Gap Rail-
road Company. 10 Tennessee aad Carolina R.il-
road Company aud for other purposes, vas taken
from the files and read tho tk.-I tins
Mr. JOHNSON moved to reconsider the vote
adopting the amendment, striking out The PrOvi-
so in the fourth section Of the bill that required
bona fs stock sufficient TO grade the road from Nor
ristoWn - POINT Rock.
The motion rejected npon division Of the
House, affirmative %, negative q.
the bill vas then tasty passed., by yeas &c
nays IS
THz BANK QUESTION.
The SPEAKER announced the special order ts be
the Unfinished business Of yesterday being Senator
Johnson's bill s. lO6l TO ref,rm sni regulate the
system Of GanEing in TIC State Of Tennessee.
TThis Till is the Same introduced IN the House By
Mr. CAN'T, Nov. 10, 1859. and watch is printed on
pages SOl, &c., sos and 304 IF iae LEGISLATIVE
UNIoS AND AME9I0ASl
Alr. FARRELLY was dcs'r7us # settling this
7czed Questioa; bat inc iii uad consideration
did not sxac.ly suit liG aud desired psrfc5l
it by severI d amendm6R's which he should ofer in
go5d faith. lie vas informed Tat i. is doubtful
Whe her tae Uuian and Planters Banks would c3Ee
under the provisions Of this bill, notwithstanding
tho gout!emsn from injury Ir. Ginttl assured the
House on ye5 eHi5y that they 1ouli II the bill
were modified 20 distinc i -ay that The Legis-
l5ture has not the power TO destroy aoy bank char
under It's pro 9.sIcns, nc you'd WaIvo all other
objections
Mr.. KENNEDY aunoucoed him. elf as in favor Of
the bill.
Mr.. HEBB also declared for the measure He
made a remark which called cut
Mr.. CHEATHAN, who said The charter for the
Back Of Shelbyvilla passed The2 the House WAS
without quJrGn and without the calling Of the |
yeas ald nsys. Hew1a CLERK of the House at the !
tins, aud remembered It we'll. The gentleman from |
Bedford Mr. Wisenerl you'll bear him cut IN this |
assertion.
Mr.. HEB, resamiag, dill no. expect to vote for |
the charteriug Of any banks but he did expect /
t. vote for tbis bill vita great deal Of pleasure
Mr.. WILLIAMS, o. Hicsm&n, believed he should |
vote for the bill now lining tle tentiJn of the
House, but desired t. yfFer amendment to the |
29h section, at the proper ,ine giving The Legis-
ia. ure pIwur 20 repeal bank charter only in The
manner AS provided uuder section tWeuty-three.
He a hard money man, and would not vote to
chartcr any bank That feature in the bill was the
beet one in it there was no bank charter in it.
This higg OF making money cut Of paper
greater pestience han war or famine. Paper new
er can be made n reliable rcprCse aiive of gold and
sllyer--it can have representative but itself
Money is tbs thiag after 81, and nothing is money
but money iisef
Mr.. BEATTY offered IN amendment 10 section 6,
liking GU, all after the wcr1 forthwith" and
duty of the Go7ernCr 10 appoint receiver TO take
charge of the assets Of the baak and apply them TO
She payment II its debts.
Also a section Ia lieu Ct section 90 making
susgen ion Of specie psymen, forfeiture of charter
IS JldEss Of the Supreme C0ur in section %, AMI
inssrtiug in lieu thereof the words Attorney Cen
eral CT the State" and striking the words ''Su-
preme Judges and ali falioEiag, aud IL lien max
ing it he duty of the Attorney Geuera to give his
opinion, sud if it oe that the bauk has violated its
charter then the Governor to notify said bank
mat effect.
Also. an amendment 10 section %. inserting after
the word q" ma urity ProvisO that no bank shall
be allowed to use q larger amount Of its
capital in discrunuug bills than il discouuliog
notes. and adding TO the section the words: " Pro-
id such additional rate Of exchange shall IL no
case exceed Two cent "
Also striking cut al in section 26 aftsr tie word
% Institution" aad inserting in lieu thereof the
wordg H. vice the amount Of stock subscribed"
As5, IN additional section giving the Legi-ls uro
power TO m5d.fy or repeal bank charters hereafter
granted.
Mr. HEBB moved to amend, by providing that
The supervisor shall be elected every two years By
Joint ball0t Of both Houses Of the General Assem-
By. The first election to take place Immediately
after the passage Of that act
Mr.. BRAZEbTON moYed to amend the amend
nent by providing that the supervisor be elected
by the people.
Tis amendment to The amendment was rejected.
Mr.. CAN'T vas opposed to tae amendment but
would compromise by providing that the officer be
by the Governor and confirmed by The
House
An inefeotual motion WAS made to adjourn till
Monday morning-yeas g. nays 81.
Aud then
On noiion-yeUs 81, nays 29--ths House took
sceEs till , o'clock.