The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1861-01-31

benefit of this act unless they and each Of them
their circulation, on the 3oth day of March, 1891
US will secure sum In specie sufficient to enable
the state to pay its interest on the State debt and
provide redemption fund to meet the demands
that will fall due on the LIST day Of July next and
on the lst day of January and July, 1852
Mr.. SEDDos expressed himself as unaltera-
bly, opposed to the Banks now and at all
times. He did not believe that a bill could be
framed that he would vote for; but as the
House had indicated its intention by passing
the relief bill, he thought it was wrong TO at
tach such an amendment to 1t now. The
Banks heretofore had been required 10 furnish
specie for State use when il was commanded
ar a premium of per cent.
The House refused to reconsider the vote
engrossing the bill, and being put on its pas
sage, 1t was carried in the affirmative. Ayes
80 noes 49,
Delegate from Madison-Gen JAMES l..
kEMPEE, member from Madison, and Chair
man of the Committee on Military Affairs,
appeared in his seat to day for the first time
for several days, having been called home by
business engagements and sickness in his fam
lily.
Notion to Adjourn.-Mr. FREsLow moved
that when the House adjourn Friday, it meet
again Feb. llth. He submitted it in conse-
quence of the absence of so many members
about lao were presently Messrs. HAYAoSD,
COLLIER and IEgBY objected to the resolu-
tions- The Governor convened the Assembly
for working purposes. 1t had done very lit
tie as yet. The motion was laid over under
the rules
stay Lar. The hour of l O'Clock having ar
rived, the Speaker announced that the propo-
oition for a general Stay Law having been
| made the special order, must now be consid-
cred.
Mr.. KEEN moved that the subject be made
the special order for next Wednesday, at the
same hour. Members had expressed n desire
TO give the subject more thorough examina-
tion.
Mr.. BoREMAS suggested that it be laid on the
tatle, whence it could be called at any time.
Mr.. KEEN eaid that the committee who had
| reported against enacting such law, had
| suggested its being made the special order Tor
| to-day. Any motion made by him to postpone
| temporarily was not to be construed int an
admission that he did not regard the law as of
| vast importance.
Mr.. COLLIER moved an adjournment. Lost.
Mr.. SEDDoS moved the indefinite postpone
ment of the special order. The fact that such
n proposition was under consideration by the
House would be injurious to the best interests
| of the State, and cause creditors to be more
| importunate in their demands on debtors. He
was for an immediate disposal of the subject.
Mr.. KENPER could not concur in the motion
| for an indefinite postponement. He was op-
| posed to n stay law, but the House should not
| divest itself of the power of availing itself OF
such a measure. 1t depended on future de-
| velopments as to what view would be taken
| by members. He was in favor of laying the
| bill on the table for a short time.
Mr.. WILSON was in favor OF staying eXecu-
| tions when creditors refused to take notes OF
solvent banks. Specie was scarce, and he had
carried out the idea of a stay law, as under
stood by his people, when he voted for the
| bank relief bill.
Mr.. YERBY hoped the proposition for gen
| eral stay law would not be summarily dis
| posed of
Mr.. SEDDoS withdrew his motion, and the
| special order was laid on the table.
| Adjourned.