Knoxville Whig and chronicle. [volume] (Knoxville, Tenn.) 1875-1882, 1875-03-17
FROM NASHVILLE.
Planning for aa Extra Sessinu oi lie
LeGtslaturc-Fhc shelby county Del
tgutiuu-BiIi TOR 81 500. 900 in Trcas-
UTy warrants, IVc., sc.
p Own Correspondents
NASHVILLE, March 5, 1870.

From Our Own Correspondent.
NASHVILLE, March 5, 1870.
PLANNING FOR AN EXTRA SESSION.
Our legislative Solons have passed
two bills which will probably render
an extra session next winter au ahso-
lutte necessity. Indeed, it is stated to-
day, upon what is considered good
authority, that certain members of the
House voted for these measures with a
view of thereby insuring such extra
session. The bills in question are
those which provide for a repeal of
the law authorizing the Governor and
Treasurer TO borrow money to keep the
governmental machine in motion dur
ing financial emergencies and embar-
rassments, and allows but ten per cent.
interest on money invested in real es-
tate purchased at tax sales. The State
officials feel very gloomy over the
former, aud say the result will be very
serious indeed, and as money can be
loaned without difficulty at ten per
cent, the effect Of the latter will be to
do away with tax sales altogether, es-
pecially as the bill allows the owner
| two years in which TO redeem his land,
| instead Of but one As heretofore.
| In conversation with the CHRoN-
ICLE correspondent to-day, Mr. Glib
son, Of the House, predicted that the
| passage of the bill last named would
result in the non-payment Of taxes
and frightful increase of the delin-
quent tax list, which he said was al
ready so large that the Comptroller
| did not dare publish it in his last re-
port, for fear Of disastrous effects in
/ the next political campaign. he said
no man would incur the odium attach
/ ed to purchaser OF real estate at a tax
/ sale, when he had to wait two wears
/ for perfect title, and received, mean
while no greater interest than he can
get by loaning his money on good Sc
curity.
THE INVESTIGATING COMMITTEE
Appointed to make official inquiry in
| to the truth or falsity of the charge
! that members of the last Legislature
| had bartered away their votes in the
] NlCNNAblA Va SbiiI 'NAbAlNl3 4NNNlNlAb III
compensation therefor, hats, boots and
other articles of clothing, sacks of cef-
fee, and greenbacks, and had also been
! influenced in their action with refer
ence to the funding bill, by base and
sordid motives, have concluded their
lobors and will probably present re-
port Monday. The testimony taken
fills about one hundred and fifty pages
of legal cap and will probably be print.
ed. 1t is not of very damaging char
acter, and it is quite probable that a
report generating everybody impli-
Gated, will be made.
One witness testified that the Mem
phis Appeal prOpTietors had been ap-
preached with a proposition to the
effect that S75, 900 in Tennessee bonds
would be put on a margin for six
months, for the benefit of the said
proprietors, provided the Appea
would endorse the funding bill and
aid in securing its passage, but thai
the parties making this proposition
afterwards failed to come up to the
scratch and thus the effort of the Ap
peal was secured free of expense, AZ
the paper, having been committed tC
the measure, could not retrace its steps
In consequence Of this testimony, Col