Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1862-11-28
WHOLE NO. 1923.

S 001 The ordinary expenses of the towns was about
S9O'OoO That would make the whole Indebtedness
million dollars The amount Of tax proposed to be
raised by the committee $4,000 fho average of
The whole tax sor the towns would be nearly dollars
on he dollar Of the grand list In towns IL would
Doe I've Lay tax that would be borne readily. People
generally understood that they had got 90 raise large
tax. and we're getting ready for IT,
The Senator from Chittcndcn Mr. Edmundsl had said
we must pay our debts now, when money easily OBJ
iained The debt Of the state due mostly 20 state
banks Had We got % pay specie to these banks No,
they would take their own paper lt was buzbear a.
bout tlc premium gold n was mere speculation be-
tween mau aud man lt would be- a benefit -ather than
curse lt would have tendency make imports less
thaa exports We shold export produce en- lugh to
pay 9r all our imporl The premium uld stimulate the
supply OF gold from California. lie might be mistaken
W tleie views, but they seemed reasonable In view u
ihe present burden upon the towns should as light
as p'smhe We need have no fear 20 leave debt for
poseuy People were frightened about debt be.
cause they were not used % it,
The amendment Of Mr Edmunis, raise one hun
drd instead uf seventy five cents On The dollar was then
rejected boy the following vote, viz
isn -Nc1sr Bass bnI'ord, Edmunda, Morgan,
. SAT- Irdi StuugtOu--b.
Nays -Mcssrs Allen. Bean. Bentley CLARK Of Ben.
nng9n, Clark NJ Chittenden, CleaveIaud Cowcs Cree
tauai FISH, Keith, kirkland Lyman, Mlrnu, Nelson,
tc.k, fouttd, Richardson, stevens, Wech-20.
Nj Edmmds moved 20 propose 20 the House 20 amend
hr striking OHt ihe words y-hve 10 the provision
lf a,-ms m'ng ou ue graad list and insert the word
IhneN i''t' yeas o. nays ~.
Dir Elmunds then moved TO strike out seventy FIVE"
7 aud insert eighty"
Mr Cart uf Bennington considered thi, the prlper
amount ihe vlldf OF our bonds in the market from
tune iu uIHp would depend very much up0u what we
sholid d1 or had done hcee iu hc legislature Ie de-
sired ust .son should be- such to sccpo our secur-
ines 90 thu htgaest point, II aware uf The advan.
tscs which had been the result Of good representa-
u'n hu Doc dd not consider that the banks o the State
woutb able q, render much assistance in its matter
@f omu8hton thought the proposition now before the
senate would bc n,0lc favorable than those which had
been rejected He had understood that was the in
ununn 90 raise money enough 10y this bill to pay one
/ TOT ne expenses oi the year aud thought the
proposed by the amendment % be the proper The
/ mct mat banks would NOT resume specie payment for
twelve nf twenty months had nothing to do with
lts question II We were % assume thar There wa, moth
ing dark 10 the consideration Of the future we should
assume falsely. it we expected TO go into the market
wth NE expectation Of raising mouncy our bonds
we had got something % do here ia the legislature. II
We we're 90 fund dent OF million aud half IL would
make SOME difference with the credit Of the state lie
hoped the Senate would entertain lhi. proposition or
/ amendment
Mr Edmuuds said he had offered these proposals Of
amendment hecause, IN his judgment they were demand
I'd uy ihe wants of the occasion lie had changed these
several propositions 50 as 20 make the sum near as
possible 20 the amount he thought due Responsibility
always followed ia the footsteps uf power 1he Legisla.
lure aud no one else respon ble for It's legislation.
Mr stewart favored the amendment. One halt the cur
rent expenses % the year should be raised At least He
than do il.
air kirNland and Mr. Peck we're opposed to the adop
ton OF ftAis proposal Of amendment
The amendment to the amendment proposed by the
committee was then adupted-yeas, 10 nays, n
The bili was then real third time and passed con-
/ Curftnce.
report by Mr. Allen, Tor committee II Conference,
, '' ENG 'oles ol 'ne t"n hIusF' oh senate
school laws, recommending tat the modify their
proposal Of amendment; agreed TO-
Proposals nf amendment 10 House bill, title y ch u
relating 10 county officers. rcneded from.
The Senate then ~entinto committee of The whole, for
,uo l.tlri eoh'd,tauou 'i tAe senate militia oil-Mr
stewart IN the chair On rising the committee reported
not having completed its consideration and asked leave
] TO sit again
HonsbiH retcyyrd--rhe xxyi ch lO9. relating to
provisions relative TO persons claimed fugitive slaves
ana ana 20 prevent kidnapping to special committee Mr.
NuAiauu onaIlnAh' n,
M Yo.'t tesD'Hl'oe FROM the house' authorizing the
governor TO procure steel plate Of the seal OF the state
fe9fiea ,i. 10 @ t9e camnlitee on Finance.
o., huuse oI', uue NANl en- 80 relating 20 Insurance
Company with pending proposal Of amendment
"N'e" was i'Jeo'ea' ana p'u passed Adl'
HOUSE.
] JOINT ResoilHi0H.-By Mr. Reed authorizing the Gov
cnor TO procure seal NJ the state cut in steel like the
one prescribed by law passed this session; ,d1pted
Rpous.-By hlI Chandler Tor the judiciary commit
tee in favor Of ch $ Of the revision, entitled OF depo
sitous aud witness with a mendmeuts agreed TO-
aud thifd reading ordered
railroads aud railroad commiisnncrs and the third
/ reading ordered on Monday morning
Mt Reed called up thc Dill to extend the charter Of the
MIR Herueb thought there could be little objection to
e-charerug this Bank iuasmuch as the legislature had
adopt the rule OF extending charters This was EN-
phAu,ally peoplc'. Bank IN a,coniuodat,d the peo-
pie aud tn people had confidence in IT, Hc had been
citizen OF Montpelier aud in position know the rep
utluon of the Bank at home. There was 40 objection
70 the eNten Iva instance had they refused TO
commodate man u actual want Of money % save him
fum loss ID oudta,ored 90 accommodate ali casse, of
citizens Though % light be- said generally of corpora
uuns hat cOtp1rauous had no souls vet the managers
of ibis corporation had souls 10 the nghi place Il was
objected they had been in fault in sometimes letting
mueh money persons having suffered loss BY ire By
akug the epiancrs " tAo Vermont Mutual Insurance
Company. III had becn fault 1t was such as he had
read NJ where The recording angel dropped a tear upon
aud biottcd % out forever II The facts that had been
brought out relative this Bank true and no person
loo thus House could say they it showed that
thi, Bank was doiug those duties or which il received
s charter in such manner as had not been cxcelled
bY any institution of the kind u this state. II there
wa7A claim that could be- brought by ANY Bank for
rusinn of their charter this the very Bank that
could make that claim.
chatter this bank he Should make no obieuun He Gu
cfiaiued the highest opinion Of the Vermont Bank.
Alr Fletcher Of Caycudish also favored the passage
uf the bill There was no objection II was sound
gond aud shows clean record
Mr Cook OF Cabot said he favored the recharter Of
good bank, that was sound when the community made
objection The record showed in thi. casi surplus
OF S.lt0l ts bills were as good 40 those Of any bank
in ht United States. N thfrr WAS any bank IN the
world that deserved echartrr il was tho Vermont bank
iic hues uo who had asked for accommodation at
his bank with good note that had not uec accommo-
datei
Mr. Adams of Colchester said he inust vote against
the roChaer because the bank charter had nov three
years tn run h was taking 100 much time OF the
House
Mr. Denison said he agreed with the gentleman (Mr
Adtmsl that II was taking too much time he had no