The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1860-03-09
HOUSE OF REPRESENTATIVES.
RAILROAD MATTERS.


Mr.. SECOMBE offered the following
preamble and resolutions, which were read
and referred to the Committee of the Whole.
WHEREAS, There have been issued under the
sloan Amendment called--and now re-
main outstanding, certain bonds denominated
Minnesota State Railroad Bonds to theamount
on their face of 1925 900; and,
WHEREAS, Work has been done on the lines
of the several Land Grant Railroads to the
amount and of the value of rs per cent. of the
face of the said bonds; and,
WHEREAS, There exist no reasonable proba.
bility that under the present engagements the
said Railroads will be completed, or further
prosecuted /; but that the said bonds will remain
outstanding claims against the State for their
full amount, continuing to be urged until some
adjustment shall be had respecting the same !;
and,
WHEREAS, It is desirable that by some equit-
able arrangement the State should be relieved
from the said claims, and at the same time
should receive an equivalent in Railroad ad
vantages; therefore,
Resolued, That it is expedient for the State
to incur debt not exceeding So, 600, 900 includ-
ing the said 50 ,275, 900 as part thereof, to aid
the said construction of q completion line of
Railroad from Fon du Lac of Lake Superior,
through the central portions of the State, to
form . connection with some one of the Rail-
roads leading East and Southland,
Resolued, further, That in carrying out the
plan of adjustment, no proposition should be
entertained which does not embrace the funda
mental condition of the scaling of the said
bonds at rs cents on the dollar, and the surren
der in the outset for cancellation, of 81, 900
of the said bonds, as one of the guarantees for
the faithful performance of the condition of the
said proposition.
By Mr.. CLEVELAND: That this
House will not pass any bill submitting a
proposition to the people increasing the
State debt over $2,500OOO.
Referred to Committee of the Whole
Mr.. SANBORN offered the following :
RESOLVED, That special committee of three
be appointed to prepare and report bill to
rejection, proposition to amend Sec. 10, Art.
TX, of the Constitution of this this State, by
expunging said section from the Constitution,
and inserting in>the place thereof, the follow.
ing, to wit:
Sec. 10. The credit of the State shall never
be given or loaned in aid of any individual, as.
ISOLATION or corporation to any greater amount
than that already existing.
The resolution was referred to Committee
of the Whole.
By. Mr.. VAN WORRIES A bill pro.
posing amendments to Art. TX, Sec. 10, of
the Constitution, and providing for the
submission of the same to the people. Read
a second time.
By Mr.. SWEET:
RESOLVED, That in the opinion of this House
no farther State Indebtedness shall be inc urred
for the construction of any other railroad, than
that from the Mississippi River to Lake Supe-
rlor, and that to said road no more than $725,-
600 shall be granted to aid in the construction
of the same.
Referred to Committee of the Whole.
THE RELIEF BILL.
BY Mr.. McDONOUGH: A bill for an
act concerning Judicial and mortgage sales of
property, and the redemption thereof. Read
secord time. 9es...
Mr.. SECOMBE moved to amend so as
not to have it apply to contracts already
made.
Mr.. .CoGGsWELL, (Mr. Acker in the
Chair opposed the amendment, and said if
we designed to afford relief we should not
only half do it.
Mr.. SECOMBE said, the speaker had
addressed the House as if it was den of
thieves.
Mr.. MORRISON defended the bill, and
replied to the objections urged by Mr.. Sc
c0mbe.
MI. DONOHUE made speech denounc-
ing the bill, and said he was sorry he had
voted for the former one, and believed it
unconstitutional.
Mr.. SANBORN said be had opposed