Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1870-10-27

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The bride and groom sailed the next
day (Thursday) for Europe. S. A.
Legislature Debates.
RE DISTRICTING CONGRESSIONAL DIS
TRICTs.
In the Senate on Friday morning, SEN
ator Heath of Washington county called
up the joint resolution providing for d
Joint committee for re-districting the
State.
Mr. Heath said he believed that since
the introduction of that resolution it had
become evident that such a measure was
injudicious at the present time, the CEN
su4 returns showing an increase of popu-
L.tion that will probably entitle us still
to retain our three members Of Congress.
He thought we ought not to go so far as to
admit the possibility of reduction in our
Congressional delegation, as would be
done by the passage of this resolution.
Mr.. Pingry was not sure that this re-
solution was essential, but he thought
some provision should be made to provide
for the contingency. He suggested that
law be passed changing the day of the
next election from the first Tuesday in
September, to the first Tuesday in No
vember.
Mr.. Benedict favored the resolution.
The resolution only proposed to refer to
committee a subject which certainly
was entitled to consideration. The Gov
ernor has recommended re-districting
in his message, and it would be courtesy
to him and to the House which had sent
the resolution to the Senate, to adopt it,
Furthermore if the State was to keep its
present representation, it would he prop
er to consid er the matter of re district
ing, the present division of districts being
in some respects inconVenient aud unsat-
isfaotory.
Mr.. Grandey thought sufficient cour-
tesy had been shown the Governor
by the consideration of the res
olution. He saw no necessity for sug
costing to Congress the propriety of re-
ducing the Vermont delegation. No one
claims that there will not be sufficient
opportunity to consider the subject of re-
districting the State at the next session.
if such action shall be necessary. He hoped
the resolution would be defeated
Mr.. PIngry said that in case Congress
portioument, as the present law stand. W
must elect our members on the frat Tues
day of September, or before the meeting
of the next Legislature. He did not think
it would suggest to Congress that we
feared losing a member should a bill be
adopted changing the time If election.
Mr.. Gardiner could see no objection tn
the appointment of a committee to exam
~ ka pF q
committee could do no harm, and after
hearing it the Senate would he much bet
ter prepared to intelligently decide
whether the State should be redistricted
at the present session.
The resolution was then adopted.
INTEREST BILL.
On Friday afternoon the bill relating
to the rate of interest came up as d special
order in the House of Representatives.
Mr. Wood moved that the bill be re-
committed to the COMMITTEES on judiciary
disagreed to.
MIR. Slade of Middlebury moved to
amend by striking out the word eight
where it occurs in sec. l, and insert III
lieu thereof the word SEVEN" 30 that it,
will read seven dollars for the use of
every one hundred dollars" and briefly
gave the reasons which impelled him toI
offer it.
The amendment was objected to by al
very decided vote. The question being on
the passage of the bill, MIR. Slade hoped it
would not pass in its present form.
Mr.. Hinckley thought it better to con-
slider the bill candidly and fairly, and To
give time in the matter he moved it be
ordered to lie, and be made the special
order for 10 o'clock next Tuesday after
noon.
Mr. Bull of Hancock proposed to save
time. He moved the bill be dismissed.
Mr.. Ballard of Fairfax was 10 favor off
a change OF the law IN regard to interest
to keep the money in the State. He pre-
ferred the other bill now in the hands of
the committee; but if we cannot have the |
bill, let us have this one. We are being
lulled to sleep by these Shylocks, these Is
per cent. men, who are hanging around |
this State House and warning these farm
ers to look out for this bill, it is cOmpell- |
ing them to pay eight per cent interest
whereas the fact is, we are compelled now
to pay higher rate of interest than pro-
gided by this bill. In States where SINH
AR laws have been enacted, money can
easily be obtained at six per cent. He
said that if we made eight per cent. the
legal rate of interest, it will be better for
the farming interests and of all the inter
ests of the State.
Mr.. Drake said no bill now before the
Legislature was more important than thia
and he hoped it would not be dismissed
Let us deliberate upon the matter and not
act hastily. e
Mr.. Brown of Richford was opposed to
the bill as being oppressive to the great
farming interests of the State, in that it
would force the payment of higher rate
If interest by q class of men who were
compelled to purchase their farms on
,redit. He wanted to kill off the whole
patch of these bills at once.
Mr. Wood of Fairhaven. favored the
passage Of the bill as being really in the
interest of the farming community.
Money will seek it's market where it swill
the highest rate of interest, and
we deny to money lenders the right to
'sk and receive higher rate than per
'ent, we compel money lenders to carry
heir money out of the State. In Massa-
'husetts they have adopted liberal law
II regard to the rate of interest. and the
esuit has been that money has flowed in
Q the State, and now any amount can be
obtained at lower rate of interest than
5 now paid in the State of Vermont |
Jar laws are better for the security of |
capitalists in every respect except the ,
egal rate of interest. Pass this bill and
money viii flow into the State to the
reat advantage of all the interests of the
tate. He hoped it would not be dis !
lissed. Il
Mr.. Circuit of Barton, said that the OPP
osition to the bill was represented by the
entleman from Richford, who was far
,er, and felt intensely that this bill was I
thrust at the agricultural interest of s
40 State. We must remember that we I