The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1873-12-17
LEGISLATURE.


transactions Of tie past week, and II is
difficult to select matters OF interest when
50 little of definitely important nature
has been done. We can only notice mat
tiers Of public interest, and that notin the
order OF action upon them.
The blu 10 prevent frauds in the sale Of
commercial fertilizers, introduced by Mr..
Norwood was put on It's srd reading, and
passed, % ayes nays, none. The bill is Of
greatimportance TO both the cotton aud
tobacco planters, since bah Of these class
SEES have l,cconie dppcndrnt upon artificial
fertilizers, and have hitherto been the
victims Of outrageous imposition. The
biil provides for chemical analysis by
tile State Geoiogist, and all fertilizers must
be guaranteed under his tests before they
can be sold by the farmer.
Mr.. Cunninghanis' bill to incorporate
the North Carolina Immigration society
was taken up under the suspension ofthe
rules, and passed It's, 3rd reading IN the
Senate.
The bill for the completion OF the Wes-
tern Rail Road from. It's lresnt terminus
Greensboro was taken up IN the Senate,
hut was postponed until the 10th.
An important resolution OF Senator
Humphreys was reported upon favorably
Ly the committee 20 whom it had been re-
ferred. The bill requests the Representa-
ton in Congress from this State to use
their influence to secure free banking
system, and safe, cheap currency; the
passage. Of an act establishing a uniform
rate OF interest. throughout the country,
not exceeding per cent per annum: re-
stricting. banks To q legitimate business.
and prohibiting interests on deposits and
! expressing the opinion, thai as the search
Is of roney furnishes the pretext ioths
/, exaclion Of the ruinous rates Of Interest,
therefore our representation Is ASKED to
use their influence 10 urge The passage d
an Act authorizing the issue Of legal ten
der notes, bearing no interest, aid the
Secretary of the Treasury be directed 10
use the same Ia taking up the outstand-
bonds Of The government.
MIR. Worth introduced a bin Cor tile set
tlement cfthe puIIic debt, the piincrl sol
which nre emLs,dird In the bill afterwards
reported by the Special committee.
This bill provides 81 the issue ofsix Nil.
lions Of Coupon bonds, Ia he dated July
LIST 1874, bearing C. interes. payable
semi-annually; to wit: e5O0,OO July LIST
/ A. ID. 1901 aud $4,000 on each succeed
Ing July, Including July LIST. 1915, said
bonds tobe oftiIa denomination OF 500
$500 aud 5000. Pas. due coupons receiva
ble for taxes, aud bonds to beexempt from
all kinds Of taxation IN the state. Thu
bonds are to be issue,l in exchange io
the presentoutstaniiug bonds and certii
icates OF indettnc- s as follows; bonds 10
the building 81 the NC. X. II. 50cis 81
the dollar: on all ante-war bonds, with nc
crued interest, 30 cts on the dollar, on al
bonds issued since The war including fun
ding bond issued ny the Legislature .
isO0-6s except Special tax bonds, and si4,
, 600 PenIientlary bonds, 20 cts on the dol
lar.
! For the payment ofin tereft, q taxof 2
c.s. on tile 500 % all real and Icnona
estate 10 be levied. A Commissioners mia.
lie appointed 10 act In concert with th
, State Treasurer In negotiations. The mon
ey raised By the said tax j. 10 be Investe'
, IN Y. Is. securities in case creditors refus
! 10 exchange the bonds.
A bill passed the House. introduced b
|, Mr.. McNeIll Of Robson, which Is Of i'm
portance to cotton raisers. IL provide
. that Il shall bea misdemcanor ~ sell be
tween sunset and sunrise, a smaller quat
\ tity Of cottnn than Is usually packed lat
!. 4 bale. This efitctually checks the THE
who ,under present circumstances ca
readily llIch aud shoulder bag full. AN
who Is always sure 20 ilna purchaser nc
4 at MI inqulsitIve about title.
ME-. McCiehec introduced resolution
providing for the election Of Trustees
h the University.
n The report OF the Committeeof Confe
' ence on adjournment. fixing the 2ith In'
!. as day Of adjournment sine dc was adol
y tad.
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