, 1862-01-30
ILLINOIS INSTITUTIONAL CONVENTION,
TUESDAYS PROCEEDINGS.

SPRINGFIELD. JannaEy 3 1862.
Gen. Singleton, at the written request Of the
and introduced Rev. Mr.. Reynolds, who
opened the Convention with prayer.
Mr.. Campbell Of La Sale, from Committee
on Banks and Currency, presented the follow
ing in the shape Of = minority report, for the
Information Of the Convention. Whatever
may be set down rs fixed that the Convention
will adopt no plan that is not endorsed by a
majority OF the Banks and Currency Commit
zee; INC report Eas laid on the table and
ordered printed, and comes up tomorrow On
the special order on this subject.
REPORT oF COMMITTEE.
The Committee On Banks and Currency, to
whom was referred thc preamble and rcsoIn-
uons Of the Convention on the subject of the
issne OF treasury notes to meet the demands
under consideration, ard they have authorized
me to report the following reeolution. and aaE
that it be laid on the table and printed and made
the special order for Wednesday, at IL o'clock
Whilst the subject of the resolutions may
not come directly within the scope Of tic o.
jeet and duties Of the Convention, it is never.
thcless one in which the people Of this State.
as members Of the Union, are deeply interest
Cd. This is a government of the people, and
they must proside the means for its prcserya-
ton, and in the end, they will have to pay
every dollar expended for its maintenanceEn
matter how or for what incurrcd-iuterest as
we'll as principal. 1t is as much the dutv of
this Convention to provide for the necessary
revenue to meet the States quota Of TIC na-
aonal debt, as Tint to meet the direct obliga-
tons OF the State; the one is as obligatory as
the other. When We reflect that when our
present representatives In Congress were
chosen, the condition Of the country was
very different from what it now is; that Inc
circumstances which surrounds them and us
now, are new to all; is it not, then reason.
ablc that they shonld look to those whom
they represent for counsel in the discharge Of
the new and res pons1blc duties imposed 2pon
them by the changed condition Of thinFs
And arc re not called upon By every conaide-
Eat1on o. interest to impart to them our views
anu wishes upon subject Of such vital inn
portance to the nation and State, as the ducs-
tlon OF national finance? 1t is surely Of the
utmost Importance TO rs individually and ma
tlona1ly, that that policy which will most GER
!aihly meet the wants Of the Government, and
impose the tcwest burdens, and confer the
greatest benefits npon the industrial interests,
shau De adopted. For these burdens E1l be
sn1nclently heavy under the NEST wise and ju-
dlc1ous policy that can be devised; aud false
step IN the present eNgeucy may entail upon
Us ana or posterlty the most serious and
Sec no nnpropHety in this Convention indicat-
lng their rJuognentae TO the best policy to be
adopted to meet the wants of the Government
an1 the business interests Of the country.
Before prescribing the remedy, II Is neees-
saf5 TO know what the wants Of the Govern
mGot ana people are. Our armies are 10 the
held. ann the Goverrmeutwants the food and
clothing Necessary for thefr support aud con
Tort, and tho asns a1d mun1uons Of war, with
the mems Of transportation.
!. lae nalurai resources Of the country, and
the means In the hands OF the people, sre