Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1865-01-05
1rc1.LAT1vE PROCEEDINGS.
ACKNOWLEDGEMENTS Day.
Carson, Jan. 4, 1864.

IN roll cali all the members were found
present except Messrs. Haines' LaihOeft and
Seely. pov Mr. Rs;llsv
Journal Of yesterday read anu approved
REPORTS OF STANDING COMMITTEES.
Mr. slipuerland, from Committee on En-
roiI,nsnt renorted correctly enrolled, Senate
roncnrrent Resolution No. 6, and that It had
heon dennsited with the Secretary Oh state
Mr.. Haines, from the Committee on Agrl-
cnltnre and Manufactures, presented re-
mort from the officers Of the Washoe Agricul,
tnral Society. Report received and referred
TO the committee who presented IT,
NOTIONS AND RESOLUTIONS,
NJ Iockvood offered the following reso-
luton, which was adopted:
Resolped, That committee OF two be ap-
nointed by the President to confer with the
BOARD of Commissioners Of Ormsoy county
in relation to the improvements to this build
ing ordered by the Senate, and made by
them; also, any other matters connected
Herewith.
The President named Senators Lockwood
and Kellogg as such committee.
| NOTICE OF BILLS.
Mr.. Clagett gave notice of all Act to COM
mel the owners of toll roads and bridges to
keep the same in repair Also, an Act to
provide for a sealer Of weights and measures
in the county Of Storey, and defining the du-
ties OF such officer.
Mr.. Hobart gave notice Of an Act for the
relief of H. S. Herrick, Assessor of Lander
county.
INTRODUCTION OF BILLS.
Mr.. Kellogg, on leave, introduced an Act
supplemental to an Act to authorize the is
suance and sale of certain State bonds, and
levying ajax to provide for the payment Of
the same. Approved January 4, 1865.
The bill is as follows:
SECTION |. The Governor and Secretary OF
State are hereby empowered to sell bonds
provided for in an Act entitled an Act au-
thorizing the issuance and sale of certain
State bonds, and levying a tax to provide
means for the payment thereof, approved
January 4, 1865, at less than their par value,
when, in the discretion OF said Commission
ers, the necessity arises.
Sec. 2. The said Commissioners are hereby
empowered to hypothecate any Of the said
bonds, and borrow money thereon; provided
that no more than two per cent. per month
interest shall at any time be paid for any
money so borrowed.
Mr.. Kellogg moved the bill be now con-
sidered.
Mr.. Proctor inquired whether it was known
that the Governor had signed the bill of
which this was amendatory.
| Mr. Kellogg stated that the Governor had
signed the bill; that, although no official
/ notice had been received Of his having done
so, he had signed it, and it was a law.
Mr.. Haynes stated that the managing
agent of the Bank Of California had received
instructions to advance $4,000 on these
bonds-to relieve the present necessities Of
the members OF the Legislature; that this
advance made by them was merely temporary
relief-the bonds to be hypothecated until
such time as the Commissioners could nego-
| tiate them.
| Messrs. Haynes aud Larrowe stated that
under any other circumstances they should
be opposed to any bill Of this kind.
Mr.. Kellogg stated that the agent Of the
Bank Of California was willing tn advance
this amount Of money for thirty, sixty, or
| ninety days, but that be desired to be so Sc
cured, that il he should want the money at
the expiration OF that time, he could get it /;
that this amendatory bill provided that the
Governor and Secretary Of State could, if
compelled to do so, negotiate these bonds at
less than par. e
Mr.. Seely moved that the section in the
amended bill providing for the sale Of these
State bonds at less than par value. be stricken
out; was opposed to giving power to any
men to negotiate these bonds at whatever
price they saw ft-no matter how high they
4 were in position. It would be delegation
Of power, he believed, unprecedented. 1t
was delegation that the people were not
willing to give any men. These Commits
sioners were not even required TO give bonds
| for the faithful performance OF their duties.
He looked upon the proposition as absurd,
| after so much care had been taken to pro-
hibit the sale Of these bonds below par.
Mr.. Winton favored the amendment.
Mr.. Clagett was utterly opposed to the pro-
vision. Stated that il it became necessary
| for the State OF Nevada to send her bonds
| out ON the streets to be hawked about for
every and any price, where the entire rere-
nue. Of the State was pledged for their re-
demptiou, they had better adjourn sine die
\ and petition Congress to revoke the soVer-
eighty they had conferred upon US.
Mr.. Sumner favored the amendment. His
| colleague had used the term ain soak ;" he
could also use with as much propriety that Of
dead broke" That if some means were
not provided, he felt confident that some Of
the members would be obliged to go home.
| Mr.. Haines stated that he had unlimited
confidence in the Governor, and under the
circumstances was willing to leave the mat
ter Of price to be obtained for these bonds
with him.
Mr.. Larrowe was opposed to any provision
/ that authorized the sale Of these bonds tor
less than par. True, the Bank Of California
| has offered to loan $4,000 on these bonds.
| Corporations were said to be soulless; but
here was a wealthy corporation that had
bowels Of compassion, and had generously
come forward and offered, providing the Leg
| islature would come to their terms, to ad-
vance this sum. He believed that the Bank
| Of California, or any other bank, did not
loan money without they intended to make
i something BY the operation. He believed
| the effect Of this clause would be to compel
| the Commissioners eventually to sell these
bonds at discount of from ten to twenty
five per cent. He would rather stay here all
winter without cent than endorse propo-
i sition Of this kind.
i After some further discussion vote was
taken on striking out the section, with the
following result: s-
4 taAYsseMessrs. Clasett, Haines, Hutch
ms, Ives, Larrowe, Lockwood, seely, Thomp-
NoEs ~ Messrs. Doran, Hobart, James,
Kellogg, Lambert, Proctor, slingerland, Sum
nAff Winton-9. z h'rst ghefA 80
Nj. Clagets moved that the title Of the bin
" anneuded so as to read, |" An Act for the
\ rsiisf d the members Of the Legislature" I.
Mr.. Seely moved further amendment,
(which Was accepted BY Mr.. Clasett) and
for the benefit Of the Bank Of the State Of
il Callfcrnia.' .Ssss iSE 4
A yute being taken on amending the title,
ne iyes and nays being called for, stood as
81 iolloNa: st,.Ii 84s,
i ArRss-Ies Clagett, Hutchins, James,
LAEsowe, Lockwood and Seely--7. a
Noas--Messrs. Doran, Haines, Hobart,
iIVs1, kellogg, Lambert, Ptoetot, Singer,
y lsni Sumnsr and Winton-lo sS
~. Huichins rose and said he VA utterly
Opposed to this whole matter-was surprised
u les members favoring = propositisn Of
Il lhiS Rfnd III for himself, be would rather
tTik Two hundred miles home, through the
u hlsSli Ansf than 10 record biz raina In fasnr