Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1869-01-22
NEW BUSINESS.

| by MT. nelson; n Dill 10 alu IN the
completion of the Knoxville and Kentuc-
ky railroad. The bill provides that the
Governor shall endorse the bonds of the
road, and if the road fails to pay interest
the Governor, Secretary of State, and
Comptroller, after giving thirty days no
tice, shall proceed to sell said road and
all the property belonging to the COM
pany for the protection of the State.
BY Mr. Rodgers-A bill TO appoint an
oil inspector for the State of Tennessee,
to be nominated by the Governor.
BY Mr.. Keith-A resolution instruct,
ing the State Attorney to withdraw the
suit against the lessees of the penitenti-
airy, Ward Il BRIGGS Laid over under
the rules.
RESOLUTIONS LYING OVER UNDER THE
RULES.
Authorizing the issuance of State
bonds TO make up the amount Of the
school fund. Adopted
HOUSE RESOLUTIONS
For the benefit of Hon. Thos. Barry,
Chancellor, etc. Laid on the table.
Directory to the Governor. Rejected
Directory to the Comptroller Re-
jected.
Directing the Governor to employ coun-
sci in the prosecution OF the indictment
against George r. Rutter, President of
the Tennessee National Bank, of Menu
phis, charged with fraudulently appropri-
ating the school fund. Adopted.
Directing the Treasurer to execute the
revenue laws of the State. Laid on the
table.
Providing that no more bonds shall
be issued to railroads that failed to pay
the January interest Laid on the table
rendering thanks to Judge Howard for
the enforcement of the Ku.Klux law.
Adopted.
SENATE RESOLUTIONS
Authorizing T. b. McElwee to sell State
interest in Tennessee National Bank.
Rejected.
That the General Assembly will not
receive any more propositions looking to
the repeal of the franchise law at this
session. Adopted.
lnstructing the Senator's in Congress to
take such steps as to secure the loyal
citizens protection. Adopted.
lnstructing the Comptroller to issue his
warrant to s. NJ Henderson for $l6S as
agent for the Financial Beard Adopted.
Senate adjourned until 10 A. NJ. to-
morrow
HOUSE.
THURSDAY, Jan. 2I.-The House met at
10 A. NJ, Speaker Richards presiding, and
sixty-six members present.
THE PROPOSED IMPEACHMENT.
Mr.. COrdell again presented the memo
rial of Judge Honk, which was read yes
terday in reply to the petition from citizens
of Campbell county, praying for his i'm
parchment, and which was then objected
to on account of the personalities which it
contained. From the memorial as returned
,by Mr.. Cordeli, most Of the Objectionable
portions had been struck out, and dis
claimer added 10 the effect that Judge
Houk had not intended to reflect upon the
motives of Mr.. Agee, who offered the petiss
ton.
MIR. Doughty objected to the reception
OF the memorial by the House on the
ground that it was unprecedented in cases
of the same character.
The memorial was, however, read and
received, but no further action was
taken.
Leave Of absence was granted Mr.
Walker on account of sickness.
RAILROAD RECEIVERS.
Senate bill 10 abolish the Office Of Re-
ceiyers Of Railroads, was taken up as the
special order. The report of the Commit
tee on Internal Improvements recommend
ed the rejection of the bill.
Mr.. Bowles moved 10 concur in the lie.
port of the committee.
Mr.. Waters hoped that the report would
not be cOncurred in. He believed with
Gov. Brownlow that the appointment of
Receivers entailed only additional burdens
on the State.
Mr.. Myers made lengthy argument
against turning over delinquent roads to
the companies, cOnlendng that all that
did not come up to the rack should be at
once sold out. He was opposed to the bill
in toto.
Mr.. White demanded the previous ques-
tion.
The demand for the previous question
was not sustained-ayes 20, noes IS.
Mr.. Roach said the Northwestern road
did not owe him any thing, nor did he owe
any thing to that road, so that he could
speak imparlialiy, and with sole reference
to the interests of his constituents He
proceeded thea TO define the duties of Re-
ceivers, as laid down in the Code, contend
ing that the object of the law was to secure
al, ,pHo he l. 81
reverse of this had been brought about by
the appointment of the present Receivers
on the different roads. The present
law has manifestly proved failure,
on the testimony of Gov. Brownlow
himself, and because it has plainly
failed to meet the expectations con-
templated in its enactment. Take for
instance one road alone, the Northwestern,
and see how the Receivership business has
operated in lis management, and what
profit it has brought to the State. Four
teen months ago the debt due by this road
to the State amounted to three million
sixiy-four thousand five hundred dollars.
How does the debt of that road stand to-
day? just look at the figures and ask
then if this law should not at once be re-
pealed The debt that road now owes the
State foots up, as shown by official docu
ments, to the enormous sum of four million
one hundred and ten thousand five humid
red dollars. In fourteen months, il will Q
seen, the actual debt of that road has iE-
creased over a million OF dollars.
At this rate who will contend that any
thing has been gained by the appointment
Of Receivers Does any sane man pretend
Al. II al tha L., IohA
and yet where does the money go tor The
Memphis, GAINESVILLE and Louisville road,
and the Edgefeld and Kentucky road were
next referred TO, the speaker showing that
the Receivers of both these roads had been
running them in debt. The McMinnyille
and Manchester road was also burden TO
the people Of the State in the hands of
Receiver, while ii Is a notorious fact that
private citizens of respectablity have Of
fered to run the road, and guarantee fifteen
thousa nd dollars a year income to the
State.
The speaker next referred TO the appro.
priations TO different roads, and the large
amount of bonds turned over TO certain
Receivers, in some cases three or four
times as large as the security bond re-
quired of the Receivers. Some of these
Receivers gave bond in the sum of fifty
thousand dollars, and Immediately there
after we're entrusted with State bonds TO
the extent of three hundrd thousand dol
lars. What has become of Ill these bonds
Then again, why is it thst there is such
marked partiality in the appointment
of Receivers How ID it That East Ten
nessee roads, equally involved in debt,
have not had Receivers appointed ? Let
Gov. BrOwnlow answer.
In conclusion, Mr.. Roach made an
earnest appeal for The replal of the law,