Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-01-23
UHT .gA0faHRA qNA H0TNU aJ1TvH9AE

/ By Mr.. B. Ii. Tillman-To prevent the
abusive sale of spirituous liquors.
By Mr.. Eckel-To prevent the abusive
sale of spirituous liquors.
/ By Mr.. Trousdale-To prevent the
abusive sale of spirjtuons liquors.
BY Mr.. Wester-To prevent the abusive
sale of spirituous liquors.
/ By MIR. Couch-To prevent the abusive
sale of spirituous liquors.
BY Mr.. Leech-To prevent the abusive
sale ofspirituous liquors.
BY Mr.. Wilson-To prevent the abusive
sale Of spirituous liquors.
| By Mr.. Peak-To prevent the abusive
sale Of spirituous liquors.
| By Mr.. Board-To prevent the abusive
sale of spirituous liquors.
| BY MIR. .Cummings-To effect labor re-
| form.
| By Mr.. Kerr-To construe section 18S of
the Code and provide for good public roads.
By. Mr.. McCsmpbell-To fix the time
and places OF holding the Chancery Courts
| in the Ninth Chancery Division.
By Mr.. Lindsley-To authorize the peo.
pie to call a Constitutional Convention.
The preamble sets forth the right Of the
Legislature, under the bill Of rights, to call
Constitutional Convention; that, in the
opinion of the General Assembly, the
present Constitution does, in some impor-
tant matters, need revision and amendment,
in order to subserve the true interests Of
all the people; that due regard to the
present financial condition of the State, de-
mands that its Indebtedness be not need
lessly increased; that separate election to
determine whether or not such convention
shall be called, will impose heavy and per-
haps useless expense, while submission of
the question to the people at the next gen.
eral election will impose no expense; there
fore, the bill provides th 1t at the next cleo
ton of members of the General Assembly,
the question of calling a Constitutional Con-
vention shall be submitted to the people,
and delegates chosen, in the event said con-
Vention shall be called. The convention to
meet on the last Monday in November, 1874.
The bill provides that the number Of dele
gates shall be seVenty-fve.
By Mr.. Orr-To preserve the public cred
it and fund the bonded debt of the State.
This bill sets forth in the preamble ''that
the highest patriotism and purest devotion
to justice, honor and the best interests of
the State demand that the State shall pay
to the uttermost farthing all her legal debts
and well ascertained liabilities" It pro-
Vides for funding into one uniform series Of
bonds the entire outstanding debt Of the
State, including unpaid coupons, warrants
on the Treasury, and all other well authen-
ticated liabilities, except those preferred by
law. These bonds are to bear interest at 6
per cent per annum, the interest to be paid
semi-annually. 1t further provides that
the State shall begin to pay the semi-annual
interest on the public debt on January l,
1874, provided it be paid on no debt that
has not been funded according to this act,
as proposed.
By Mr.. Preston-To amend the revenue
laws Of the State. The bill provides that,
as compensation, tax collectors shall be al
lowed three dollars on each one hundred
dollars up to ten thousand dollars, and two
dollars on every hundred dollars over that
amount; also, that county trustees be al
lowed three per cent. on every hundred
dollars up to ten thousand dollars, and two
per cent. on all sums over that amount;
further, that tax assessors of each civil dis
trict in the various counties of this State
shall be allowed twenty-five dollars for
each annual assessment, provided that the
County Court may make such ad
ditiOnal allowance in proportion to the
amount of labor done, but in no case shall
such additional allowance be more than
twenty-five dollars.
By Mr.. Noblett-To fund the public
debt. The bill provides for funding the
entire debt of the State as follows: Two
millions in twenty-five dollar bonds, three
millions in fifty dollar bonds, two millions
in 500 bonds, three millions in $500 bonds,
ten millions in $1,000 bonds, to be signed
by the Governor and Secretary of State, to
be Sfterward registered in the Treasurer's
Office. The bill provides for the maturity of
the bonds in the following manner: Five
millions Jan. l, 1884; five millions Jan. 1,
1894; ten millions Jan. l, 1904; coupons al
tached, bearing interest semi-annually in
the city of New York, after Jan. !, 1874. |
The bill further provides fees for Comp
troller, one half of fees to be retained by
Comptroller, the other half to the reVepIe
of the State, to be paid by those funding
their debt; it further provides for the re-
tirement Of half million bonds Jan. 1876,
and the same amount each succeeding year
uutil Jan. 1886; after that, one million per
annum until the entire debt is ret ired.
Both Of the funding bills were referred to
the Committee on Finance, Ways and
Means. Chairman Houk took occasion to
state that the committee had been consider |
ing the question of the State debt very
thoroughly, and hoped with all the assist
ance they were getting, to be sble TO evolve
a method which would meet the views of
the House.
Adjourned until 10 A. NJ. Tomorrow.
CORRECTION.
Messrs. Wood, Wilson and Young, each |
voted for Mr.. Hobbs for Comptroller. in |
stead Of voting for Mr.. Blackburn, as ap- |
peared in our minutea of the thirty-seVenth |
or last ballot.