Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1871-12-01

DIR ii liner sOald hot go az f'r AIR.
" rsl4n gard t. xt ioo.@ The propo-
SIT ION cenli ,rnIslIss. uls.d;st day "i, led
a rroical view IF sett:. m ! t.
Mr. ODDS usi.ier.hi the oours propose 4
Il r. m mr.. c.,t, and c;if .u'i,' ed to induce
creditors Il, &c xacting.
MIR. Graham 1niO ged III u dc Tuition OF
whas he termed the debt IF the State
which Included all tie States Obligations.
Dir. Worth desired to be understood cor
recty, and repeate that be- would neI or
vcto IA dollar t. pay tba pnblio debt till
the States stock was first exhausted.
WEen that was doue. he would then b.
ready to consider What fun tt or steps should
b taken.
Mr. GIlmer. too, WAS for selling all tie
States stocks. and lie Incidentally stated
that her stock Ia ahe Il. g. Road VS. as
available under tiie IeRs" "a b, fore.
Mr.. Fleming entered into al interest
ing -sfa.<mout of conversations be had
hal wisi, northeTn capitalists in regard to
our tate tinauce and said that be be
licved tht,Ft. was now on foot plan 30
buy up oar eL tire State debt on the ba lis
Of the S 'uta's seeks.
! Mr.. Edwards could see no practical re-
sui. to follow she passage OF the rest3u-
ton. In the sour,e OF his remarks be de-
fined his p. s'tion on the question Of she
debt-to lay taxes TO ray she honest debt
OF the State, but not cent for tbat which
he called 10 debt.
Mr.. Moment stated his position to be,
rot to pay dollar OF any debt beyond
resolution on the table. but Withdrew the
motion at the request of ar. Robbins of
Rowan.
| MIR. Robbins, OF Rowan, saw no obiec-
tioa to the resolution and no use for PRO
tracted discussinp. He wanted all the
light be could obtain. He was not in
| favor Of reputation and probably never
would BIO.
! Mr. Love thought the idea of repudia-
ton occupied 10 place 10 the public mind.
| He went into an examination IF the pub
tic debs, and pointed out one class amount
| ing to fifteen millions quoted in the mar
! ket as, say. 49,. An outsider could there
| fore purchase this fifteen millions for five
millions, and Yet it might be supposed by
some that the State had even remote
idea of paying foil fifteen millions for it.
The outside world should be given dis
'inctly to understand that the State has no
notion whatever of paying her debt in
! full.
| Mr.. Odds followed.
Mr.. King objected TO the resolution on
t-e ground Of expense. He cOncurred with
Mr.. Worth III regard to paying the debt.
| Mr.. Jones saw no use III prolonging the
debate, ana moved the previous question,
| bat withdrew the motion st the re9ut st OF
Mr. Ed wards.
Mr. Edwards thought the discussion
beneficial SO far as it vent. He believed
in the doctrine pronounced by Lord Bacon
and by the celebrated King S1lcmon.-
! Honesty was the best policy.
| Mr.. Jones asked If Mr.. Edward. was in
possession of any official Information re-
gardinS the public debs o: Jerusalem at
the tim at which S ,lomon displayed this
wisdC N.
MIR. Edwards said he had, aud silenced
Mr.. Jones by referring him t. the Book Of
Eoclesiastles, and then moved the plevicu
question.
The resolution Was then adopted.
Hymau, coiored, offered a resolution 10
re q uiro the roll TO be called each morniDg
and aOsentess no:e3. Lad On the sable
with but two dissenting voices.
MIR. Merrim0n Introduced tha follow
ing:
WHEREAS his Exceiioncy, the Governor,
in his message. among other things in I, d.
crencs to the Constitution aud .laries aud
fees says:
the Constitution is not to blame for
the high salaries and fees laid State and
county Officers" X "and thera is
nothing in said ms rumeut which fixes S i
aries aud fees" Now therefore,,
ReS0.Ued, That the judiciary Com mitteA
be instructed TO enquire whether und-r
the Constitution the salary Of she Governo or
may be reduced to tho sum of S., 900 per
annum, the salary of the Treasurer to
s., COO per a-num, and the salaries of the
several judges Of the Supreme and Sure
riOr courts 10 81, $50 per aunum, and report
by bill Il otherwise.
NJ. Graham. o, Orange, offered rtso-
luton requesting the President to revise
the lists OF the standing committees, and
that the old C ommittees serve till the new
are announced. Adopted
Mr.. Robbins, OF Davidson. fired
resolution Ia regard to n temporary supply
of stationery. Adopted.
A message was received from the Cover
nor informing the Senate that he bad no
Of1icia! irforma ion in regard to tho lease
Of the Motifs Carolina Railroad, and re-
fefriDg the Senate to the Superintendent
Of Public Works.
NJ. Graham. If Orange, sold this was a
most extraordinary statement. the road
was lea ed and yet the Governor knows
nothing Of i. Tue aps oinseeso Of the Cover
nvr had effected the lease and get the
Governor is iguorant Of il. l. Wa, o most
exlraor'ljnarJ ,Lditirn OF affairs. 1t was
due to thu people tn =. tne Governor should
have reftrle1 o this lease in his message,
but his cad Of doing thas, be undertook to
lecture and hector 'he Geucral Assembly.
Mr.. Graham said tina lea would never
have been made Dut for distinct pledge
of tb" s a'"'s proxy to thai effect, and yt {
the Goverdcr says knows nothing about
il! Ibis statement Of the Governors is !
one which will not be believed by the
people-ttley will see 10 sincerity in it. |
at the lowest calculation the earnings of
the road were $3.50, 600 last year, and yet
it was leased for thirty years for $3.50, 900, |
with every prospect of tie business of tho
road increasing Mr.. Graham hooted at
the idea of the lease having been made
without the knowledge of the Governor.
Mr.. Love moved the matter be referred |
to the Committee on Internal Improve
ments for investigation into the matter.
Mr.. Worth said it was most extraor-
binary affair, and he desired to know more
about il. He would not discuss the matter
Of the lease.
On motion of Mr.. Dargan, the Senate
diourned till 10 o'clock tomorrow.
HOUSE OF REPRESENTATIVES.