The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1875-02-13
.CHABLEsToN.

and Price On the Track Agnin.-
Walker still Lealing-.NOtes dc.
$3.50, CHARLESTON. Eel. 9, 1875,
Special Correspondents Of the JntellIgpppr'
The usury bill has occupied the
time and attention oithe lower branch
of the Legislature for several days
past, but to-day it was "laid In
In its little bed' by being indefinitely
postponed. For time its passage by the
House seemed certain, but a canvass OF
the Senate revealed the fact that it would
be killed in that bOdy,sO its enemies were
easy. It was bad bill. II made it a
penal offence for any one to charge over Q
per cent interest OH money loaned; and
besides that, It forfeited to the State both
principal and interest shoulhinterest on d
note exceeding Gpcr cent? charged. 1t Is
very clear to all thai, ifithad become a law
all the surplus money would have been
driven out of the Stale, Men would not
lend money at 0 per cCntwhen they could
send it to Baltimore, Pittsburgh and
other manufacturing cities, and get 10
per cent for it, II would also have been
u death blow to all the banking establish
ments throughout the State, because they
could not afford to pay The present rate Of
taxation aud lend mohcyat the low rate
OF O per cent per annunl,
An effort was made this forenoon to4ix
the maximum at 10 per cent instead Of
q, which would not have been much out
OF the way; but tho friends Of tho original
bill refused to aCcede TO the amendment,
40 the further consideration Of the entire
subject was indefinitely postponed. Mr.,
Garlic Of Harrison county was the pat
ron Of tho bill, md in ils advocacy made
an able speech. He hasuperiOr abilities
for his aye, and Ia the pleasentest speaker
in tho House He felt that an effort Of
this kind was demanded by his ConStitu,
oDts, and he tried to serve them with the
best Of his ability,
THE srEER GREEK RAILROAD.
II will be- remembered that some two OF
three years since j. NJ. Bennett, q. D
Camden mud few other Gland sharks,
secured charter for a paper railroad
knOwn~aa othc Steer Creek Valley and
Elk River Railroad" The object was
after securing n charter, which exempted
all lands subscribed as stock from taxa
ton, to get combination Of Sharks,
who owned large tracts Of wild mineral
and timber lands along the route Of the
proposed road, to put In their lands NJ
stock to the amount OF S3,O0O,000, and
thereby avoid paying taxes on tho same
Tho real object Of the incorpOrators was
not known at the time, but since II has
turned out that nothing has been done 10.
wards tho construction Of the road, and
no prospect Of anything being done In the
future, an investigation proved the enter
prise to 30 n fraud on the State. These
ShrCpl gentlemen by means Of legislation
secured the pasSago Of n law TINT defrauda
the State out Of thousands Of dollars an
nually in taxes. ...l .....
Mr.. Campbell, Of Hancock, always
wide awake to the general interests Of
the State, has offered the following
amendment to said act OF 1871, which
should pass without debate; but II IL
doubtful whether II will DO done or not
"rhat no personal or real property which
has been heretofore or may hereafter bo
subscribed as capital stock Of said com.
pany, or any voluntary donation Of land
or other property held as part Of the cap
iLal stock Of said company, shall by rea-
sOn Of being 10 subscribed or donated 10
exempt from taxation"
We are daily reminded by the Demo.
cratic papers Of the misconduct Of Re-
publicaMs In Congress by passing laws
granting charters 10 railroads and other
measures Of doubtful propricty, but We
have yet tho first article to see from them
conforming this outrage on tho people
Of this State. Tho reason Is evident
This Ia n Democratic railroad charter,
II was passed. by Democratic lHgisla.
tnrc, WIS manipulated by two champions
Of that party, and all the benefits thnt
are accruing from It go to Democrats,
The Democratic party, from Jefferson
down to the present, III no State IN The
Union las ever investigated into tho mis-.
conduct Of any Of ia officials, nor did II
ever prosecute one OF liz thieves. None
Of It's smelling committees ever followed
up trail with my intention Of Captlr-
Ing their game. Their Investigations arc
always covered up with "whilcwaSL.' y
The whole country knows this tn letrllC.
We shall therefore look for Mr.. Camp
BELLS bill to DO defeated by the present
Bourbon Legislature ID ,.,.I.
LOUISIANA RE-ENACrEp.
m;,, mn.nly .ntosInnIo,,i"t,r, ,ooro
d,a, ,not "lon: i, ' Ij;o 1tonSS ~ nia%S1"S
"' 'T"S ,"'V ;S sv 1 ,ho ~ is, ~
T H. i S"a,o H. hSIl W. iT"u"" ~ iSt T
y ioiNi I"ll"t f"r II & Senai"r tho ~ I "rc.
yiUns Uuestton Ind been ordered, Ind
while tho vote was being taken by ayes
and noes the Senate appeared and stop
ped the proceedings. After ballot was
taken for Senator, Mr.. Miller, Of Kama
villa, moved to adjourn. Messts. Camp
bell, White, Hutchinson aud others oh.
eCtel, on the ground that the SStrulC Of
the House did not allow n motion TO al.