Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1872-10-30
SENATE

TUESDAY, Oct 90.
Prayer by the Chaplain
journal Of yesterday read and approved
THIRD reading ordrcd.-Il. 1874, in addition TO
m act for o new building for the Vermont Re
form School
H. l5i, to pay o. g. Holmes passed.
Mr.. Bailey moved that the vote passing S 60,
be roconsdored agreed TO, and on motion Of Mr..
Reynolds the bill was ordered to lie.
Special 0rdTs.---Joint resolution, relating to
civil service and postal laws.
Mr. Reynolds did not suppose it was necessary
to discuss a question Of this character. The re-
solution involves two propOsit0ns--the first
named was the position taken by the President,
IN relation 70 civil service, which he presumed
no one would object TO- The second in regard b.
the thanking privilege was equally plain. The
propriety OF an expression could not be questioned
as 10 has been the uniform practice Of the Lcgis-
laturo TO pass such resolutions Of instruction (.
adopted.
Relating To the appointment Of an assistant
reporter Of the Senate on motion Of Mr. Bigo-
low indefinitely postponed.
3. .. relating 20 interest. Mr. Reynolds adyo-
Gated the bill, showing that there vas injustice
DO restricting the rate OF interest for money below
the rate allowed for other property. 10 works 20
The dctfmcut 0i the borrowers by driving capital
out Of The State The honest lender IS compelled
% send his money away 10 order 20 reali2eas much
for It's use Us he g. entitled TO. The sharper is
the only party benefited
Mr. llinckcy moved an amendment providing
that no agreement in writing shall be valid tor q
rate exceeding eight per cent per annum.
Mr. Reynolds opposed the amendment, and tc-
lcyed IL adopted 10 would defeat the bill lie be-
licycd they should place themselves on the broad
principle ol the bill, that money should be left
Zee % bring what IL is worth
Mr. lncklcy agreed fully with the Senator
as 10 the principle, but he offered the amendment
as carrying better prospect for the passage Of
che bill, which even with that restriction would
De- better than the present law. lie spoke Of the
general evil tendency Of keeping upon the stat
ute book law that wis -1 universally disregard
cd or violated lie believed entirely in the
change proposed, but feared that public senti-
ment was not yet prepared 20 gu SO far.
Mr. Reynolds further advocated the measure
and believed that the old prejudice which bad
been handed down 90 us as a religious dogma was
giving away and thHt the people were becoming
educated aud advanced in this as in other matters
Mr. llncklel referred to the action Of tine state
iu granting special privileges 20 corporations as
borrowers, hy allowing them 10 pay higher rate
oi interest than six per cent, and asked leave TO
withdraw his amendment, which was granted,
and The bin passed.
On motion d Mr.. Bailey, adjourned.
HOUSE
Prayer by the chaplain.
journal OF yesterday read and approved
HiHs introduced and rCfcrrcd by Mr.. Smith
of Addison. % Incorporate the Grand View Noun
tain Hotel and Observatory Company to com.
on corporations
By Mr.. Green, of Richmond, relating 70 audi
tors To- actions of contract, tort and rcpleyin 70
com. on Judiciary.
by Mr. Wainwright, Of Mddebury, to pay
John sceley the sum therein named to com on
claims
By Mr. Henry, Of Chester. TO protect fish in
Halls pond IN the town ol Roxbuy second
reading refused.
By Mr. Baluu, OF Townsend. in addition to
chnp. 70 g s., relating % repairs Of highways
aud bridges o. com on highways and bridges.
By Mr. DuttOu, Of Dummcrston, in addition
20 chap. IS z Is relating to repairs OF highways
and bridges % com ON highways and bridges
BY Mr.. Guild, of Rupert, h legaIize the
grand list OF the town OF Rupert 10 COM on
grand list.
BY Mr. Webster, Of Putney, TO amend sec s.,
chap. u g -, relating 20 county officers 10 com
0n Judiciary.
BY Mr. Pngrce, Of Hartford, relating TO the
legal interest in Vermont TO com. ON judiciary.
By Mr. Ballou, Of Burlington, u incorporate
the Burlington Board of Trade. 10 com on cor
p1rations
By Mr. Elmunds, of Weston. creating Com
missioner OF Insurance To com. on Judiciary.
PaHi0n.-By Mr.. Allen, of Colchester, OF 4.
G. Ballard and others, for State police u com.
on judiciary
Joni rssoiufioHs-By Mr. sherman, Of Dover,
that the Hall Of the House Of Representatives be
granted to Gen j. W Phelps for this Tuesday
evening, 70 deliver an address upon The roa-
tons Of Secret Societies TO a Republican Gov
eminent" etc adopted on the part Of the
House.
By Mr. Pingree, Of Hartford, rendering the
use Of the Hall OF the House of Representatives
% the Reunion Society Of Vermont Officers Tor
the delivery Of the annual address adopted on
the part Of the House.
On motion Of Mr.. Livermore, of Sarksboro,
adj.