Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1870-02-25
HOUSE OF REPRESENTATIVES,.
EVENING SESSION.
WEDNESDAY, Feb. 1G, 1870.
UNFINISHED BUSINESS.

UNFINISHED BUSINESS.
Senate bill repeating certain acts passed
at the session Of 1S68-'69, making appro-
priations to certain Railroad Companies.
(Published.)
The question required upon the amend
ment offered by
Mr.. Moore, of Chowan, as substitute for
section l, THAT Innocent purchasers OF
bonds issued under authority of said acts,
shall be entitled to the actual cash value
paid for the same upon proving against
the State, before the Supreme Court a.
required by section IL, act 4, of the Con-
stitution and upon the surrender OF said
bonds"
Mr.. Moore took the floor in support of
his amendment.
Mr. Jarvis argued that if section 1st Of
the bill was stricken out and Mr.. Moore's
proposition inserted in lieu, the bill would
be worse than worthless.
Mr.. Pou took ground against the amend
ment
Mr.. Malone spoke in opposition to the
whole bill as he believed it to be measure
| of bad faith, &c.
After long discussion participated in
by various gentlemen,
| Mr.. Stevens moved the indefinite post
ponement of the matter.
Mr.. Durham said that the Republican
party were responsible for this financial
condition of the State, and went on to
show the difference between the amount
of taxation in Gov. Worth's administration
and the present one.
He proceeded to show the large amount
of taxes which the provisions OF the Con-
stitution under which we now live make it
necessary to levy He then proceeded to
describe the wild, reckless, corrupt manner
in which the Republican party had ad-
miniStered the State government, &c., &c.
Now the consequence of all this reckless
ness, extravaganza and corruption, when
the credit of the State is wrecked, the Re-
publicans are fighting and tearing each
other over this reputation bill. He had
just been informed by members of the FL
nance Committee that it was estimated
that it would require tax of 80 cents on
the 500 worth to pay the ordinary eX'
penses of the government.
Mr.. Durham concluded by saying that
the peop.e were totally unable to pay the
present large and burdensome taxes and
could not possibly pay the immense
amount which they will be called on to
pay in the future at the present pOllcy OF
the government, &c.
The motion of Mr.. Stevens, to indef-
nitely postpone was put to a vote and re-
iected.
The amendment of Mr.. Moore, OF
Chowan, was put to vote and rejected Dy
vote OF yeas Il, nays AZ.
Mr. French moved to amend section
by inserting after the word ''act' IN line
3, the words ''shall be returned to the
parties from whom they were collected. .
Lost
Mr.. Moore, of ChOwan, moved to strike
out in section 1st all after the enacting
clause and insert ''That the act making
appropriations to the Western Division OF
the Western n. G. r. r. is hereby re-
pealed. The yeas and nays being called,
the amendment was rejected by a vote OF
yeas 10. nays 43.
Mr.. Whitley moved to amend by adding
to section 2 the words ito the several
counties of the State" and strike out the
word Treasurer" and insert auditor. y
Adopted,
Mr.. Stilley moved to amend the same
section by inserting after the word 'gov-
eminent" the words "shall be credited to
the counties of the State in proportion to
the amounts collected from them respec-
lively" Adopted.
Mr. Barnett moved to amend the same
section by inserting after the word ''State'
the word s'1S7O." Adopted.
Mr.. Durham moved to amend by insert
ing after the word State" ''upon the tax
to be assessed" Adopted.
The question Tecurred upon the follow
ing substitute offered by Mr. Malone
Sec l. That the levy and collection of al
special tax for Rslrosds now allowed by law, be
and the same is hereby suspended until the year
1871. ~
Sec, 2 That each and every Railroad Com.
pany in the State having bonds or the state
under existing laws, are hereby prohibited from
the SALE transfer or hypothecat ton OF any por-
ton of said bonds until the further direction o
the General Assembly.
Sec. g. That any President Director Or Agent