The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1868-02-03
The TJrg57s50 Convention
ORDERED BY CONGRESS TO y
FRAME A STATE CONSTITUTION.
FORTY-FIRsT DAY.

FRAME A STATE, CONSTITUTIONS.
FORTY-EIRsT DAY.
X. SATURDAY, February l, 1868.
The Convention met at the usual hour,
Prayer by the chaplain. 4
\ Mr.. PLATTE occupied the chair in the
absence of Mr.. UNDERWOOD. r ~
INTERNAL IMPROVEMENTS. sa.
Mr.. WINSTON, from the Committee on
Internal Improvements, submitted a report
setting forth that the State was loser by
investments in internal improvements.
They recommended the incorporation of
the. following clause into the Constitution !:
"The General Assembly shall provide
at as early day as practicable for the
disposal of as much of the States interest
in works of internal improvement as can
be exchanged for an equal amount of the
bonds of the State, and shall authorize
and require the Board of Public Works
to effect such conversion as rapidly as
possible and no money received from the
sale Of any bonds now held by the State
shall be applied for any other purpose
than the reduction of the debt of the State.
They further recommended the adop-
ton of the eleventh clause contained in
the report of tho Committee on Taxation
and Finance, restraining the State from a
further contraction of liabilities Of this
kind; and also that the Board Of Public
Works shall consist of the Governor, Trea-
surer, and Auditor, as provided by the
seventeenth clause in the report of the
Committee on the Executive Depart
ment." Laid on the table for printing.
| BANKS.
| Mr.. THOMPSON, from the Committee on
Banks, etc., submitted the following re-
port:
"The Committee on Banking, Currency,
and Insurance Companies having submitted
partial report, and having reserved the
right to make such additions as they might,
in their judgment, think proper, beg leave to
submit the following additional provisions,
and ask that they be laid on the table and
printed:
81. The General Assembly shall notgrant
O charter of incorporation to any bank,
insurance company, trust company, or any
other banking institution, with privileges
to negotiate loans, buy and sell stocks,
bonds, coin or other securities, or to do the
business of broker; or to discount paper,
bills of domestic or foreign exchange, at q
greater rate of interest than that fixed by
law. Il yr ,..rrg. Isl.
| SO. No person who is broker, or who
deals in stocks, coin, bills of foreign or do
mestic exchange, or any other securities,
or discounts paper, or loans money at
greater rate of interest than that fixed by
law, in any manner whatever, or who is
State officer, or who receives salary from
the public treasury, literary or other funds
of the State of Virginia, shall be allowed
to hold any Office, dictatorship, or clerk.
ship whatever in any bank, trust, or loan
company, insurance company, or banking
institution of any kind in the State of Yir-
ginia." Il.
VISITORS.
Mr.. CURrIss called up the following re-
solution of yesterday:
/ "Whereas great confusion and conse-
quent delay of the work Of this body
/ arises from the great number of persons
admitted to this floor; therefore be it +:
RESOLVED, That hereafter no person
shall be admitted upon the floor of this
hall without an express vote OF this Con-
. venticn, except the followiDg-to wit,
me ,nbers and officers of this Convention,
officers of the State Government, persons
already privileged, and gentlemen accom-.
panied by ladies': Provided, That but one
] reporter from each newspaper establish
. ment shall be admitted" 49, 80 - g5s5
/ Considerable discussion ensued. MIR.
| ALLAN argued against that part of the
proposition relating to reporters, giving
good reasons therefor. as
Mr.. CURTIss argued in favor of it, and
said something in regard to the gentleman
from Norfolk being always ready to delay
the Convention, ard never neglected the
opportunity of making useless speeches.
Mr.. BowDEN: Doyou speak of me, sir
Mr.. CUrrIss: No, sir; Of your colleague
lDr. BAYNE). -
BAYNE, yehemently: Mr.. President, ]
arises to pint of order, sir. I wants to
know, sir, if members can git up here and
speak in dis manner, sir, concerning of
members on dis floor, sir, and cuttailin
Their rights, sir, to speak on dis floor, sir.
Sir, I deny de proposition of de gentle
man, and states that 7 has rights to speak
here as well as other people. o. 49,. - ~
Mr.. PORTER called the previous ques-
ton which was sustained. The vote was
! taken, and resulted-ayes, IS; noes, 81.
| Mr.. HAwxHuRsT voted aye, and did so,
| he said, because he had been openly in
suited by the CHAIR on yesterday for
voting the other way, and he would vote
as he chose. va ss ~ sa
TEAMoH voted aye because he thought
that the Dane Of this Convention was long
speeches and plenty Of them. (Poor Doc
tori .s.a
49, t. TAXATION.
The morning hour having expired, the
report on taxation was taken, the follow
ing additional clause, offered by Mr.. VII
Hanson being under consideration:
6 The General Assembly may authorize
O capitation tax not to exceed one dollar
per annum on each male inhabitant in the
State who has attained the age of twenty
one years, to be applied exclusively to o