Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1873-02-15
TENNESSEE.

Inc tcltO"lHs new blil- were pre-
sented:
By Mr.. Melton: For the enforcement
Of the law on privileges.
By Mr.. Hamilton: To amend the tip
pling laws.
BY Mr.. Mccall: To amend the lien
law.
BY Mr.. Coulter: To secure to common
schools an interest in the perpetual
school fund.
BY Mr.. Hughes: To amend the act
fixing the time Of holding courts in the
State, and diminish expenses.
Mr.. Coulter presented a written pro-
test against the Legislature requesting
the Supreme Court to delay action in
the suit pending relative to the Torbett
issue.
. The House resolution in regard to the
Funding bill was referred to the Finance
Committee.
The following bills passed the Senate
on the third reading: a bill to.facili-
tate the collection of revenues; a bill for
the better collection of the debts of the
State; bill authorizing companies TO
take stock in turnpike-roads; a bill to
authorize certain railroads to issue con-
sOlidated bonds in order to pay off their
Indebtedness; a bill to amend the law
directing the sale of real-estate for taxes.
a bill for the protection fpOlicy-hOld-
ers IN Insurance companies, requiring
life and fire insurance companies TO de-
post 6fty thousand dollars, instead of
twenty thousand dollars, as at present,
Is the special order for Wednesday.
The following new bills were intro
duced in the House:
By Mr.. Brooks: To change the line
between Henderson and Carroll.
BY Mr.. Brown: To regulate the ap-
pOintment of Tax-AssessOrs, and for
other purposes. The bill provides that
there be three Assessors appointed for
each county by the County Court.
By Mr.. Brown: To enforce prompt
payment OF taxes on real estate.
BY Mr.. Brown: To fix the cOmpensa-
ton of taX-cOllectOTs.
By Mr.. Keeble: To amend the city
charter of Nashville. The bill provides
that the words property qualification"
be stricken out of the charter where il
il requires the Mayor, Alder
men and COuncilmen to make oath they
are owners of five hundred dollars worth
of real estate before they can be sworn
into office.
The Senate bill exempting the proper
ty Of a husband or wife from execution
for a debt of either contracted before
was rejected.
"A joint resolution was introduced by
Mr.. Snyder, authorizing the Governor
to appoint from each Grand Division Of
the State one attOrney-at-law, TO cOnSti-
tute commission whose duty il shall
be TO draft and report TO the next As
sembly for action such 3 bill as may be
necessary to cause such parts of the
State as have not heretofore been duly
laid off, TO be Tedistricted and laid OFF
into districts and sections, and as viii
compel each claimant of title to any
part of saideland 10 set up the same;
and that titles may be vested in such as
are or may be entitled to them by law.
BY NAIL
Special Correspondence OF the Appeal
NASHVILLE, February l3.-Our city is
full If strangers hailing from almost
every county in the State, including
many from Memphis.
Our Legislature appears to be thece
ter of attraction. Hundreds of bills
have been introduced, affecting in their
operation citizens Of sill sections, hence
the great influx. The Maxwell House
is fall TO overflOwing, the same being
the great rendezvous for lobbyists.
Much talk is heard concerning the
grand Marii Gras celebration in Mem
pbis on the twenty-fifth instant. Great
many of our citizens viii attend, among
others our most excellent Governor,
of State and many members
Of the Legislature. Preparations are
likewise being made here for a similar
being our first.
The Legislature is getting down at
work in good earnest now. Having
cleared away the underbrush, the sub
stance of important legislation is being
freely but carefully discussed. Great di-
versity Of views exists in relation 10
many important subjects under consid-
Grafton. The revenue bills in process Of
are enlisting the deepest in
Ierest, not only in the Legislature, but
among the citizens generally.
Senator Hughes has a bill with many
advocates, whilst Representative VIII
hanson is maturing one that meets
with pretty general favor. The latter
looks to a universal advalorum tax
with the privilege tax as a
source Of revenue, but fixing a nominal
sum merely to require the taking out of
license. This bin also taxes stocks and
other securities, which seems
to have brought To the front
-of,a rf .-ot.r hon ! ar,R s,.-.,r., .,,os ,.,ay,
These stockholders earnestly protest
against their thousands invested in bank,
insurance, railroad and gas, and other
stocks, being taxed, tut say, " Lay on,
Macduff," upon the real estate owner,
dry goods and grocery merchants. This
Of conflicting interests, fear,
will defeat any wholesome legislation
on the subject. Everybody appears TO
have an AK Of bis own 10 grind, yet
much IS asked in the name of reform.
Reform is the word, but hOty is the ques-
ton IL is claimed that ia Memphis
alone there are two millions Of dollars in
stocks which should be taxed; that these
stocks yield larger dividends to the
holders than any real estate in your city;
hence a tax should be levied thereon.
The proposition to fund the State
debt is being freely discussed, but finds
little favor with the intelligent, think
ing classes. Some, however, 20 so far
a. to proclaim in favor Of Reputation;
but l trust the number viii be few. The
ieplorable history OF our sister State
should deter all fair-minded men from
such suicidal policy.
think no funding bill will pass.
The Torbett issue comes in for a large
share of speculation, aud. various are
the surmises in regard TO its redemption.
The appeal from the Fleming decision
S likely to come up for hearing in the
Supreme Court soon, Notwithstanding
he efforts Of the Legislature 10 inter-
iere with the Judicial functions Of the
Supreme Court to stay il of. The ease
IS said 70 be lily prepared to evoke
4 decision in favor Of the State, and the
opinion prevails that because Of such
imperfect makeup of the case the result
viii be necessary in favor Of the note
holders The note-hOlders certainly oc-
,upy a very favorable attitude, in that
he amount held by them and involved
n this suit not being fixed, they can
BRING IN the entire amount outstanding
( they gain, but If they lose they can
Iay only a nominal sum is held by
hem.
The new constitutional convention is
ilso much talked of, bot il rapidly losing
avor Many admit the imperfectlons
II our constitution, but prefer TO bear