Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1861-10-22
a BIN, ensitlel. "a bin 10 suppress buyiag under

false pretenses.n
Secondly. the buying up Of corTmodi les withou
any fllee pretenses, bat with intent TO produce
scarcity in the market and TO enable the purchase
TO secure TO himself exhorbitant prices BY reaso
OF the monopoly he has effected. Ths conmitte
ind it very difficult to frame Law which viii chec
his evil. without interfering with the freedom 0
legitimate trade They have undertaken to aecon
plish this object by bin which thew submit 10 Ia
house' entitled, "A Dill 20 suppress menopCIes
The line drawn by this bill between legitimate an
unlawful speculation is this: Where the interes
"a purchasing Is 70 PrCdacS scarcity IN III
general maj ket, and thereby enhance the price
| l. denounced as Unlawful, Bat where msn n
s'mmodlies in the erpectItoa that there viii Is
| scarcity or an Increased demand and consequent
increased price, but at the same time he does no
buy with jteI9 10 produce the scarcity, he antiei
pstes This is legitimate trade TIE legitimate
trader does not buy with lit nj Prod CO sea CITY
| II the general msrkets, althou.h that re, I'll msy
ID some extent result from his ecF. The unia wfuI
Spectator intends to produce that result and will
! generally accumulate the article III his oWn hands
/ withholdh it from the market until he obtain
ed complete mo opoly, and then extortng extravf-
giant prices from the necessities of the Government
or the people.
Doth these bills are expressls limited in their
operation to the continuance of the war In tim Of
p nee all such evils will correct themselves. Com
cutie and the laws of trade and supply will operate
"a sufficient c0rrectves. Bat the eXigencies of the
war would seem to demand some attemet at cor
~ submit the accompanying bills war measures:
Bill to suppress buying under false pretenseI.
BE il enacted By The General Assembly of the STATE Of
Tennessee, That person shall buy any article of
food or clothing or any other property upon the
false pretense that he is employed or authorized to
do so by the Confederate States of America or any
one Of SAID States or any officer or agent thereof
or by any society fer the aid relief of the sol
ders Of the Confederate States or any one of said
States or by any individual society. partnership
corporation engaged IN manufacturing or preparing
arms, munitions or other material for the use of
the soldiers Aforesaid; upon the false pretenss
that he Is buying any of the articles property
aforesaid for the use benefit OF the Confederate
States, or any OF them, or for the use or benefit
OF the soldiers thereof, whether he pretends ia |
have authority to do so or not and whether the |
person buying under the false pretenses aforesaid
shall pay for the property bought, the time of
the purchase, or shall buy the on credit shall
make no difference in his guilt, nor shall il make
any difference 81 what price ne obtains it.
SEC 2 Grand Juries shall have all the powers
ana De suhJect to all the duties in iHGuing into vi
olstons Of this act that they have and are SUBJECT
ID IN regard to the offence of gambling
SEC. 3. When they make presenIment or find !
an indictment under this act and shall believe the
offence is so aggravated to deserve Imprisonment
IN the penientiary, they shall endorse on the pre-
sentiment or Indictment aggravated" signed by |
their foreman ard then the trial shall be cOnductd
as IN cases OF felony and if the defendant is found
guilty, the jury may ind that be be imprisoned in
the penitentisry not less than two nor more than
i've years, or that he pay fne to be assessed by
them atd!scretion and be imprisoned in the county
jail not exceeding one year. If the indictment or
presenment is not endorsed "aggrara :" then the
trial shall be conducted in cases Of misdemeanor
Ii the defendant plead not guilty and the verdict
shall be against him, the jury may assess fine at dis
ereuoR, and Imprisonment not exceeding one year.
II the defendant plead guilty, the court may submit
It to jury to ass ss the fac and impriscnasnt as
Aforesaid.
SEC. This Act shall be in force from Its pas
age till the end Of the present wsr between the
Confederate States and the United States But snv
rotations Of it during the war may be prosecuted
notwithstanding the termination OF the war.
Bill to suppies Eono?olis.
BE enqc'ed By the General Assembly Of tie STATE of
tennessee, That no person shall buy up livestock or
ny commodity whatever with intent 10 produce a
carcity Of the same in the market, so that by rea
on OF such scarcity he may obtain higher price !
leref0r.
SEC ,. No persons shall combine to buy VI live I
took or commodities of any kind with intent TO
reduce scarcity Thereof il the ga. l-t so that by
eascn OF such scsrcty they MAJ obtain Ii. Lee.
rces therefor.
SIC 3. By the word market in this act IS meant
o. only places whore livestock or commodities are
rousd5 together for sale. but any where il town
country where such things aEe produced, or sold
SEC 4. Grand Juries shall have the sane po9er i
ID De SUBJECT 70 the same duties in inc Cri1g into
nLsLons OF this act, that they hsva ana are SUIT .
ct to, under the laws against gaming. (,
SEC D Any person convicted On iniictmcn. CT Il
resentment under this may be faad at the dis II
elton o. the JgTy, and imprisoned not exceeding
!e year, and upon submission the court NAV eth =
ie and Imprisnl the defendant, Or submit il to a =
~ to 10
SIC This set shall be in force from the date of Il
passage to the end Of the pending war between y
g Confederate States and the United States bur =
termination OF the war shall not cause a5ate- =
mt OF any prosecutions then pending nor shat E. -
q bar to tie institution OF new PROSECUTIONS ..- -
: violation Of this act that nay nave committed o
ring the war o.
On motoa of NJ. MARTIN, of Shelby It was y
iered that geventydve copies of each OF the Is q
printed for the use OF the House. 80
QUALIFYING a MEMBER
Mr. DI8RELL, the Representative elect from
lite county appeared, was qualified and took his
NEW Bills
hc following bills were introduced, read the first
Re and passed.
By the Committee on the Judiciary: No f7-To
lprcss m0nopolies.
}y Mr.. JONES: No. 6S-Pro7iding for the i'm
.ssment Of free persons OF color for certain pur-
'es LPToyides for the impre.sment of such free
sons OF color IS are necessary for attending upon
hospitals
y Mr. MAR TIN, Of Wilson: NJ. G9-To fix the SO,
lPsnsation of members Of the General Assembly. on
XRs the compensation Of members OF the Legisa- sd
z al Tour COlafS per DAY and speakers at SIX dol
and allows fouc dollars for each days ira ell ho
MI from the Capital. Should the Legislature an,
1urn for longer period than three days at any mi
2, the members are to receive no pay for the tle
ess.l coz
y Mr LITTLE: No. 2O-To relieve debtors and Sta
are creditors, and for other purposes PRO the
% that the courts shall be he for the trial tiol
cuons Of debt until the close of the war1
y Ar. CARTHUL: No. Ito regulate tax sig
S. lish
UNFINISHED BUSINESS. adj
! he House resumed the consideration eff
unfinished business, being House bill c
10, to incorporate the Liberty Arms
lpsRy Of Columbia. the question being
n Mr.. Ellis amendment in lieu of an 4
ntment reported by the Committee on Corpora Cor
$, which was adopted, ayes IS, noes 10. The Coz
ndment was then adopted part Of the bill. pla
r. KENNEDY offered an amendment to further s
I'd the company against exercising banking priv Oct
rs, which was adopted.
r WARNER offered an amendment to incorUo> inst
the Lookout Arms Company of Chattanooga, c
! all the rights, powers, and privileges confer L
upon the Liberty Arms Company, which was star
lie bill as thus amended, was then passed on its star
nd readidg, ayes ~, noes 8. s
HOUSE BILLS on SECOND READING 7
}. 5-FOr the relief OF revenue collectors. day
nded and pas ed. i
}, lO-TO amend the sot iuoor nopot;,, .bo G, I