The weekly North-Carolina standard. [volume] (Raleigh, N.C.) 186?-1869, 1868-03-18

pair her credit. I regret this proposition to
increase the States liabilities in this matter
at all. I am opposed to increasing the debt
of the State until can see clearer sky
We see by our action here, that our bonds
have gone up from 49, to GA. Capitalists
seeing that we are issuing more bonds. will
hesitate to invest in them. / had hoped
these matters would have been left to the
Legislature 1t is natural for men who have
projects to desire to see them through, but
ask gentlemen to pause before they hand
over twelve hundred thousand dollars OF
bonds to this road.
Mr.. Heaton moved to insert in the goth
line between the word land mortgage"
the word first instead. The amend
ment was accepted. This makes the ordi-
nance read "a first mortgage" in every
instance
The rules were suspended and the ordi-
nance put upon its final passage.
The yeas and nays were ordered, which
resulted yeas 80, nays IS.
Mr.. Latin moved to reconsider the vote
just taken.
Mr.. Abbott moved to lay upon the table.
Carried.
Mr.. Heaton, by permission, submitted a
report from the Committee of sixteen, upon
an ordinance to "aii the Williamson and
Tarboro' Railroad Company" Lies over.
Mr.. Mann called up the ordinance to
change the manner of paying the States
subscription to the capital stock OF the Wes-
tern Railroad Company.
The ordinance provides for. the return to
the Public Treasurer of one million dollars
second mortgage bonds of the Wilmington
and Charlotte and Rutherford Company,
which have been issued to said company,
and provides further, that the Public Treas
urer shall deliver to said Western Railroad
Company, one million of dollars of the
coupon bonds of the State, hearing interest
at the rate of per cent in lieu thereof.
Mr. Tourgee moved to suspend the rules
and put the ordinance upon its final passage.
Adopted.
Mr. Sweet moved the following amend
ment Section 2. That no part of the
100000 of bonds issued to the Western
Railroad Company, shall be delivered to
| said company, until the President and Di-
rectors thereof, shall execute and deliver to
| the Governor of the State. a first mortgage
on the entire Road and its property, condi-
| toned to save the State harmless against the
loss of both principal and interest of said
loan. The amendment was accepted.
Mr.. Hayes, of Halifax, said ever since this
Convention has been in session. there has
beer cry of Relief Here is relief that can
reach the people sooner than any other re-
| lief measure that this Convention can pass,
and l am sorry to sec advocates OF re-
lief kick against this measure.
Why, sir, you would think gentlemen were
going to shed tears, when they get up and
| cry relief am sorry to see them oppose 1t
and hope that it will pass.
Mr. Abbott moved to amend by inserting
Mr.. Abbott offered an amendment re1uc
ing the bonds from one million to q half
million. The amendment was adopted.
The yeas and nays were ordered and re-
suited as follows: yeas 6S, nays 49,
Mr.. Tourgee moved to reconsider.
Mr.. Latin moved to lay that motion on
the table Adopted
Mr.. Abbott. by permission, introduced an
ordinance for the restoration of the public
credit. Referred to committee of sixteen.
Mr. Watts called up the ordinance to aid
the Williamson and Tarboro' Railroad
Company.
Mr.. Watts moved to suspend the rules and
put the ordinance upon its passage. Car
ried.
Mr.. Baker made verbal amendment to
section 1st,' which was accepted.
The yeas and nays were ordered and re
| suited as follows: yeas So, nays IA.
| Mr.. Hayes moved to reconsider.
Mr.. Watts moved to lay on the table
Carried.
Mr.. Rodman submitted report from the
committee ON the validity of the ordinances
signed by the President. ~
The report was received and adopted.
The suffrage question was taken up.
the question required upon the motion Of
Mr. French, of Bladen, to reconsider the vote
by which Mr.. Heaton's substitute for the
second section of the article on suffrage, was
] adopted.
Mr. Pool moved to lay the motion on thu
table
The yeas and nays were ordered, and re
suited as follows: Yeas 70, nays IL.
Section 8 was adopted
The question then required on the article
as amended. I
The yeas and nays were ordered, and resul
ted, yeas &c., nays 8.
Section LIST, article of an eligibility to of
fee.
Mr.. Pool moved to amend Ivy inserting il
fifth line,' since becoming citizens of tn
United States" Adopted.
Mr.. Marshall moved to. amend the fifth
line by inserting "or disqualified by TIN
Howard Amendment, as the 18th article"
Mr. French, of Chowan. moved his minor
ity report as a 81 clause of exceptions tc thu
close of the section.
Mr.. French added to his amendment thes
words: by the Congress of the UNITED
States"
Mr.. Pool called for the previous question
which was sustained.
The yeas and nays were ordered, and re
suited as follows:
FOR-Messrs. Abbott, Ashley, Benbow, Bryan, Ca
rey Carter Gambler Ghills9n, Dickey DnckwSrtf
French of Chowan, Fullings, Gahagan, Garland, G1s
ham of Montgomery Hayes of Robeson, Hayes of Ha
flax, Ing, Jones of Washington Kinney. Logan, May
Marshall Murphy, Parks Petree, Ragland, Ray, Rhodes
Rose, Smith, Tucker, Turner:
AGAINST-Messrs. Aydlott Baker. Barnes Blum'
Daniel Dowd, Durham Ellis, Etheridge, Forkne
George, Grant of Northampton, CHILLY, Gunter Harr
smith Hobbs, HOTTER, Holt, Hyman, Jones Of Cali
Merritt, Mcdonald Of Moore, Moore, Morton, Null
can, Nance, Nicholson, Patrick, Parker, feters0l
Person Pool, Read, Rich, Rodman, Sanderln, Still
Sweet, league, Trogden, Welker, Hall, Williams
Wake.
So the substitute of Mr.. French, of Chow
an, was lost.
The question required on Mr.. Marshal
amendment
The yeas and nays were called, and resu
ted as follows:
FOR-Messrs. Abbott, Ashley, Benbow, Blume, Br
an Carter, Gambler ChIllson Dckey, Duckworth, Fis
or, French of Baden, French of Rockingham Fren'
of Chowan, Fulings, Gahagan, Garland, Graham
Montgomery, Harris of Franklin, Hayes of Robeso
Hayes of Halifax, Ing, Jones of Washington, Kline