New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-12-03
GEORGIA LEGISLATURE.

. GEORGIA LEGISLATURE.
On Monday, Nov. 26, in the Georgia Legislature,
discretion ocf uIed touching the banks OF the State
Mr. Ety. of Dougberty, moved to reconsider 80 much
Of tie journal Of Saturday as relates to ing the
Lii for ii relief Of the PEOPLE and banks OF this state
Mr. HariIidye sid be opposed the motion. II any
rg to be done il must be done at once or te rum
which Il is i'll is intended to prevent will speedily en-
sue. Tie motion was withdrawn. ,-.
On motion Of Mr. Price, the regular order was sus,
erded and tie bill for the relief OF the banks and
people Of ills State was taken up hs hill; He had an
amendment 10 offer. Motion prevailed. Inc Oi,i was
taken up by sections. Tie first section was AuopIeu
without .n endne nt. The second secuYn was niso
; ssSE''d' without '"'A'a'D' s. ,~,
Mr.. Delopy was in favor Of the suspension, but
Tho upht the time too ong-et us hio" the oanhs
TO susJ eud for few montts-Iust long enough 10 Gu
eble them 10 make arrangements to nauguTate sys-
fem that will compel England TO send her specie here
IN buy our cotton. We Lave the cotton crop now on
hand ard do We intend 10 allow It to go out OF our
bardf without getting for good circulating me- I'm
Western produce will seek our marketBlf our bank
ls &C mmand specie. 1t will not seek the Northern
markets if they suspend and ours do not. 900,
Er. Dtlony moved TO strike out LIST December, 1861,
ard inert lit June, lebl.
Mr. ID.
MIR. Delony addressed the Horse at length, in
tistirg Il at x months would be time enough TO in-
gupUiste a syttem by which specie would come from
Nr. Andrews Of Wilkes said the banks were able to
Get their iatettlis bill was sought forthe relief
Of tie psoIletfe banks did not dare to put money out
10 buy cOtton let alone bread The credit of the banks
WEI such that be people ought TO have coDiden In
tIemt was tie nteieft OF the banks TO resume specie
raynents and iLey rOnf do so at the aest possible
n0neIt IL il now too late to inauguraie system 81
banlrg by Which the quantity Of specie in Mississippi
Al Louisiana is to be IeguLstedifs 70 much specie is
br, ueht fir, England, rate Of interest will be 40
neI. aied that cotton will 80 down. IL the time L. ex-
tended the LIT December, by that time the Lessia
tire will again lie in session, and the bill now under
difcrsttn nay be altered or amended to SUIT the exl-
gtnci,t Of TIE tines.
Mr. sOm hs .A a Of 6s the cotton crop
York G. "a tie commerhl center Of this country
n, If Sterr bills Ct Exchange cannot be SOL, the
sae If cotton stop. For days ot bale OF cotton
bat teen sold in your seaboards SIPS lying ut y
wlarves canro. buy cotton with Sterling Exchange,
Az have not tie spcoe to buy with TIE banks of S3:
yanuah will bay q bills Of Exchange, II You VIII
psis tits Ill., and the very system to bring English
geld aud filyer, wi ich the gentleman from Clarke
wshes, will be nauguIatsd-the Gotten crop VIII De
ueney durirg time of suspension-tbey will resume
as they did in 81, upon q e earliest moment.
Mr. Delony re,umed-If the Say annah banks are al
loved 10 remain in state OF sur tension, we are sun
under q rule of Wallttreet brokers. lie wished TO
Il arge hs. Allow the banks TO suspend TIL the pres
,ni cotton crop sold ard no longer lie wished the
sale Of iteIEng exchange TO be direct from charleston
ard Sayanrsb, instead of through the New'fork
beEks.
Dir. Anderson said Mr. DE- theory was impracca-
be and If carried out would involve the country in
commercial ruin This b il abs. luely necessary for
The protection Of the people II banks do not MS
Iond Cerolira banks hare, and their morey VIII he
r, to purchafe the cotton crop. Fail TO pass this bill
and We Put the PEOPLE in the hands Of usures. Iaey
d,Tlrd this bill that the crop may he sold and the bus
ress Of the country gOon:
nr Andrews again addressed the Home.
Tie Ith section was read, and Mr.. Brown OF Sumter
moved TO amend it that it may read that no person
,hall he mprisoned under "ca ga amendment
GdCTtej Mr.. Brown also offered amendment, 10
comIe Ierors taking advantage Of the stay Of arrests
and executions to give security as in other cses Of
stsy Of execution. Amendments adopted.
Mr.. Ely Of Dougherty moved TO amend 20 that the
Governor shsll by proclamation, give notice Of the
tire when the five banks spoken Of in this section shall
suspend. Dir. Price moved TO strike ont FIVE banks
ard inert ne-smendmeris adopted. Er. Strickland
moved en- amendment fa iitate tie dsm sal Of vies
now in tie hands of collecting etcers. Mr. Anderson
offered an amendment viii Was adopted. Mr.. Smith
Of Towns offered an amendment that the banks shall
give bopd and ,ecunty for the redemption, demand
in 81 esie, Of all Il cir bills or obligations Amendment
lost. Mr.. Harris moved to amend the last clause, by
nfering the words "or the regular sale day theTeaf
additional sectionTtat tis till shall 20 into op-
Grafton till Georgia otter southern State rhall
recede from the Union. Withdrawn.
Mr.. Smith OF Towns moved to refer the bills and
amer dn eris tie judiciary Committee, with iusu.-
lions 90 report tomorrow morning Motion Lost
On tie passage of tie bill there were Yeas SO and
Nays q, 70 the bill, as amended, was passed.
Tie mcti TO transmit forthwith 10 the Senate ex-
cited d, bate. Tue Yeas and Nays were cilled on
the noiop--it requres a twoIhird vote 10 transmit
forthwith. There were, Yeas s. Nays % So that the
motion TO transmit prevailed