Green-Mountain freeman. [volume] (Montpelier, Vt.) 1844-1884, 1868-11-11

treat it with more elaboration, if the vote
could be reconsidered.
Mr.. Miner of Manchester, gave his reasons
for moving q reconsideration. to test the
sense of the House on increased rate of
interest. So far as the question of interest
remaining on our statute books, which was
practically and really nullity. The banks
are taking even l-2 per cent, the govern
ment pays $40 per cent. and he supposed
nobody now expected to get money at per
cent.-they could not do it. Let us then
fix the legal rate somewhere near what 1t Is
bringing, and not compel our money men
good men toto violate law which Is
nullity on our statute books.
Mr.. Underwood of Hardwick, said he could
get all the money in the State of Vermont at
per cent. that he could give security for.
lie said the money lenders of New York are
as over-reaching and graspiDg there with the
legal rate at per cent. IT we raise tue rate
here it will not change the over-reachlng
and grasping disposition of the money lend
ere.
Mr. Converse of Woodstock, said he was
glad that there was place IN Vermont
where money could be had at per cent. lie
supposed that, like the price OF butter and
cheese, the rate of interest would be governed
by what it would bring. Our banks and
punity, violate the law every day, and then
lay down and sleep sweetly, with no COM
Functions of conscience He said that the
poor man could not buy his necessities tor
his family ct old prices, bur must pay much
higher than ten years ago. 1t he wants TO hire
money to meet payment on his farm, he can
not get it at per cent. of his neighbor, but
must pay higher. That is the rule there
may be few exceptions. If we enforce
: ha 70
change but it cannot be done. Money will
60 to other States where it will commend q
higher rate. If we keep it as it is now, the
poor man must pay not only a higher rate OF
interest, but premium above that rate for
the risk the money lender takes Of breaking
the law.
Mr.. Hinckley Of Chelsea, voted to dismiss
| the bill, because he was opposed to I'M
limited rate of interest but he should vote
to reconsider that the bill may be amended,
fixing higher rate of interest than six per
cent, and argued against the provisions of
the original bill.
Mr.. Allen of Irasburgh. opposed to
the dismissal of the bill, because he thought
| the matter ought to be properly considered,
and argued in favor Of a restricted rate of
legal interest, and would leave that restric-
ton where it now il.
The motion to reconsider was then rejected
| by a very decided vote.
Bills introduced and referred Mr.. Hinck-
ley Of Chelsea, laying a tax on the County
of Orange to members from Orange County
On motion of Mr.. Gleed of Morristown.
adjourned.
SATURDAY. Nov. =.
SENArE-BiAs introduced and referred-
By MIR. Dale, by request, in amendment of
section 81, chapter ll3, General Statutes,
relating TO crimes and punishments TO Com
mittee on Printing. By Mr. Hutchinson Of
Orange, relating to fines (amending chapter
"a, General Statutes) to Committee on
Printing. By Mr.. Ladd, to pay David S.
Sweet the sum therein named; to Committee
on Claims. By Mr.. Clark, to regulate the
choice Of the council of censors.
Mr.. Billiard moved to reconsider the vote
ordering the printing of one thousand copies
of the annual report Of the registration of
births and deaths passed.
Joint Resolution.-By Mr.. Heath, fol-
lows a. WHEREAS. the Government Of the
United States have from time to time granted
large tracts Of valuable lands to various and
almost ell OF the Western and Southern
States, for the purposes Of aiding the educa-
tional or internal improvements IN those
states and,
WHEREAS, the State Of Vermont, although.
at all times, fully and com pletely doing her
duty to the | nited States, has, IN only one
instance, been the recipient Of such bounty
and favor from the United States therefore,
Resched, by the Senate and House Of Rep
resentatlves, that our Senators and Represen-
tatives in Congress, are hereby requested to
procure from the government of the United
States such grants OF unappropriated public
lands, for the aid and advancement of eduea-
LIOn, aud rOI III tro--e.;e-- ef Internal an =
provements in the State Of Vermont, as Will
be just and equitable.
Resolued, that the Secretary OF State be,
and is hereby directed to transmit an anthem
.icated copy of these resolutions to each SEN
ator and Representative for Vermont. in the
Congress of the United States.
Pa,sed-H. 10, to restore Joseph iiiialns
to his legal ri ghts and privileges. ) 5 ,, in
amendment of an act to Incorporate the Yer
mont Episcopal Institute. ;. 65 to incorpo-
rate the Vermont Snath Company. ). 81, to
incorporate the Isle La Motto Marble and
Lime Company.
Reports-From Committee on Education,
H. 4, granting further corporate powers to
the Peoples Academy passed with proposal
Of amendment. From Committee on Claims,
II. 10, to pay Vim. Ii. Carr the sum therein
named, for services in finding the body OF az
infant child which had been murdered, and
bringing the criminal to justice; passed with
proposal Of amendment.
Retrred.-H. 50, amending an act relative
to the Board Of Education to Committee on
Education.
On motion OF Mr. Nash, adjourned.
House. Petitions BY Mr. Frisbie Of
Poultney. OF John Barden and 100 others,
citizens of wells, praying for the charter OF
the Lake Shore Railroad to Committee on
Railroads.
By Mr.. Conant OF Grafton, OF Francis
Daniels and As others, citizens of Grafton,
nraying for the formation Of 4 new county
to select committee on that subject.
By Mr. Knowlton of Stratton, and Mr..
Town of Somerset, and of Mr.. Ballou of
Halifax, asking for charter for the Ben
nington and Wilmington Railroad; to Com
mittee on Railroads.
Bills introduced and referred.-By Mr..
Corey of Craftsbury, defining VINO shall be
legal voters in town and school district meet
ings to Committee on judiciary.
By Mr. Davis Of Troy, to incorporate the
North Troy Mining Company to Committee
on Corpora tiOns.
By MIR Rixford Of Highgate, to incorpor-
ate the Northern Vermont Railroad Company;
from Burlington north to Swanton and High
gate, with the right to bridge Mallet's Bay ]
| to Committee on Railroads.
| Ry Mr. Dunn Of Fairfax, to pay Julius
Halburt the sum therein named to Com
mittee on Claims.
| By Mr.. Bigelow Of Ryegate, to repeal an
act In amendment of chapter IL, relating to
public burial grounds and their enlargement
| to General Committee.
| Bv Mr.. Wbeelock Of Berlin, regulating
Legislative printing; to Committee of Ways
and Means.
| THE bill provides that when any report is
| made or document communicated to either
branch of the Legislature, during it's session /,
the nrintIng of which would cost a sum ex