The Indianapolis daily herald. [volume] (Indianapolis, Ind.) 1865-1868, 1865-12-09

Twentx-ninc serators seconded the demand.
aud under 81 operation che bill finally passed
the senate By yeas -. nays u.
RKroRT- FROM c0NNrrrEEs-coSTISr
Mr.. HYATT. from the Committee on Corpo-
rati0ns. returned Mr.. Nawter's town attorney
bin. : No. -: recommending it. passage
Mr. DOWNEY made an Intellectual motion
% amend the bill by providing that the sitar-
ney shall attend 10 any other business OF 'he
corporation.
Mr.. REAGAN. from the Committee on Cor
porafiaus. returned the bill. II. X. -. authoriz-
ing hi25l schools. etc., 70 change their names;
recording it, passage
Mr. WARD. from the same committee. re-
turned the hill. II. r. I06. authorizing the con-
struction ef tobacco warehouses; recording
ne also returned the bill. II. II. 40. to en-
able directors Of turnpike companies 10 change
the time Of holding their elections; recon-
mending is passage.
The.- bills were passed 10 the third reading.
ON motion by Mr.. MASON. the bill II. Il.
III. 20 amend zee. l43 Il the Act 70 provide for
the publication 81 delinquent taxes. lr1ising
the price from 80 10 % cents, was read the
MeSsrs. MASON. BROWN Of Hamilton. and
CULLEN spoke in favor Of the passage Of the
/ bill.
The bin failed TO pass the Senate by yeas
/ II, nays TO-
GRAND NEUTRALITY-SUSPICIOUS..
ON motion by Mr.. DOwNEY bis bill pre-
yi0usly read three tines :. No. Id, extending
/ the Jurisdiction Of grand jurors 10 cases Of
misdemeanOrs, was taken from the table.
Mr.. DOWNEY urged eonsiderationsin favor
/ Of hi hill.
The lilI finally passed the senate by yeas 80,
nays 6.
Hr. DOWNEY. at the time he introduced
/ nj la-f al
/ ;. No. 80, perfecting this arrangement Of our
/ laws, but rs il has been misplaced he begged
/ leave TO Introduce similar one now TO enable
the Circuit Court TO try these cases.
Leave being granted
/ Mr. DOWNEY introduced bill r. No. 300
/ for An Act TO amend sec. Of An Act for the
organization Of Circuit Courts, ETC.. approved
June I, 1852; which was read the first time.
ON motion by Mr. QfLER, the constitutions IN
al restriction was dispensed with-yeas 20,
nays 3-the bill was read the second time and
passed 10 the third reading.
TOBACCO WAREHOUSES;.
On motion by Dir. MOVES, the bill, III. X.
los. authorizing the construction Of ware
houses for the inspection, storage and sale Of
tobacco. was read the third time.
The PRESIDENT stated that in the absence
Of the Senator from Vanderburg and Posey,
Mr.. Finch he had been requested by the Rep
resentative from those counties to give attention
10 this bill. lie had examined il closely, and
saw no monopoly in it which amounts 10 any
thing.
The bill was then passed by yeas -, nays o.
WAR LOAN BONDS.
On motion by Mr.. NAWTER il was
Resoired, That the Governor and Auditor Of State
be and they hereby requested to inform the Sen
FIRST How many war loan bonds have been issued.
Second. who are the holders Of said bonds.
Third. What conditions, ifany. are contained In said
Fourth. At what rate said bonds sold.
Fifth. Whether the Federal Government at any time
assumed the indebtedness incurred by the State OF In
diana in providing supplies and men to aid said Govern
meat in putting down the PRESENT rebelon; and IL so,
such assumption" did "enure TO the benefit of holders
q bonds issued under the provisions OF An Act making
additional prov ion for the payment Of the loan Of two
Assembly. approved May -. ls6l." and If not, why
the provisions Of the third section Of said act not
complied with
THE SCHOOL FUNDS.
On motion by Mr.. COBB, the bill III. X. A.,
10 increase the powers of the Board of sinking
Fund Commissioners, and 10 authorize said
Board 10 loan any moneys belonging TO said
funds in Indiana State bonds or stocks and
providing for The cancelling of such bonds
stocks, and the re-issuing of new non-negoti-
able bonds or stocks. payable to sand funds
taken from the hands Of the Judiciary
Committee-they not being able to agree upon
"A report thereon.
ON motion of Mr.. CULLEN the pending
amendment MIR. Bradley's,l proposing TO
strike from the bill all that gives authority 10
the Sinking Fund Commissioners TO loan the
funds belonging to the state; was laid oil the
table by yeas ~, nays Il, as follows:
YEAs-Messrs. Barker Bennett. Brown Of Wells,
Cobb, COrbn, Cullen, Culver, Douglas, Downey, Eng
MeClurT. Macon. Moore. NesIin. oyisr. Richmond
Stages. vawier. Wright, and Mr.. President-26.
NAis-Messrs. Allison, Bseson, Bowman, Bradley,
n. n I..~ta NJ
gan, Niles. Noyes, Reagan, Terry, Thompson, Ward.
Williams, and WOods-2t -. .yuE
Mr. NILES remarked that he was not en-
trely satisfied with the provisions of the BILL
and il will be remembered that he made ef-
forts 10 have il amended. But he had so strong
"a desire 10 see the Sinking Fund. and all our
other trust funds invested in our public debt,
that he had concluded. rs a choice Of evils. to
vote for the bill a il is ratherthan to incur the
risk of delay and the danger of having the
fund distributed To the counties. lie had con-
iidencc in the Commissioners of the Sinking
Fund, and he believed they would hOnorabiy
invest the funds in our state bonds. Their
acts can not be done in a corner, but will be
patent to all the people Of the State. Ii they
act corrupty. they will deserve to have thief
branded on their forehelds, and their names
will 20 down 10 their children like those of con-
,lemncd felons. With such sanctions he was
prepared TO take the risks Of the bill.
Mr. THOMPSON had his hopes and his heart
set upon the idea that in a few short months
the State Of Indiana would be owing only
about =. 300 600. our State debt is upwards
Of a, a36,OOO. The amount Of the State debt
sinking fund j. about 81 100000. In the hands
ofthe sinking Fund Commissioners, is S600.OO0.
There is also due this fund S900,0O0, secured
bv mortgages. which can be made available TO
the state by the issuing of six per cent. bonds,
made PAYABLE when the mortgages are collect
ed. Putting all these sums together, and APP
plving il ON the public debt, and il would
leave about - 100000. Ii we could have these
funds invested in the State bonds, and the
state debt reduced 10 this sum, il would be the
best advertisement we could send 10 the
Worlds Fair And il il the act Of the Repub-
lican party il this i not done. and you will
have 20 answer To the people. The Republican
party have the power, from the fact that we
stand here -, and enough Of the opposite party
are with us To secure this object. We are the
party in power, and this reflection Is upon our
selves. and not upon the Democratic party.
If these funds shall be squandered, the eX-
pectation Of the Governor aud the hopes of
the people win DO defeated i'm this war for
money making-and the Republican party are
responsible for il. This bill was conceived.
brought forth and nourlshcd i'm the House. and
10 takes from our children their education
money. covcnanted TO them.by our fathers.
Without reading the bill, vote was taken
on its passage resulting:-yeas y, nays IL.
The senate took a recess till , O'Clock r. VI.
AFTERNOON SESSION.
The Senate met nj o'clock L. VI.
Mr.. BENNETT offered joint Resolution :.
Ne - declaring in what manner the Acts Of
the present session of the General Assembly