Wilmington journal., 1875-02-19

length as To the right OF State officials
Ia contract any debt III tie name of
fhe State. unless there shall be law for
the same.
The resolution was adoptet.
Bill to allow the Commissioners Of
Bladen .unty to levy IL special tax.
Passed lis third reading.
Bill to incorporate the WilmiU Grop.
raleigh aud Danyille Railroad Co.,
passed It's several readings
FRIDAY NIGHTS PRoCEEDIyGs
The bill to amend the charter IF the
Carolina Narrow Gang Railrcad
passed ifs third reading, after the
adoption of an amendment providing
THAT the subscription Oh the part OF
Catawba county and :he c.tizens
thereof shall not De expended 0HrAldt'
of said county, except by their coz
sart.
iesnlution asking Congress 10 re
move The. 'arf OF OF tobacco was .a1d
upon the table.
HOUSE OF REPRESENTATIVES.
BY Mr.. D,rscn. d petition f,otn
citrz-os ut WAYNE couuty, praying ite
ieneIst Assembly To pass the Usury
Jaw.
BY Mr.. Finger, petition fr,.fn
C tiZeDs of Gaia" oa, asking 10 UeUry
law.
Ey Mr. Tate, a bill in r, latjop to
5h- Western n. Z. i;ai.Icad. iiefvr-
red
the unfinished business of vest, rdssr.
being tne CONSIDERATION nf
TIE usURY BILL
was taken up and the discussion re-
oure8 on Alr. Means amcn,.meuJ.
Mr.. Boyd i!.t took the fooi IL
support oi the anenument, lie Was
III favor Of !. usu!y law, provided II
uId not discriminate IN Iaypr OF cor
y"rat. ag unot lndivIdua.s Tue
s.r.Uus legal authorizes cItv,t by the
z II Iemen that preceded INN, wee
rut sufficiently clear to satisfy bitn
tka- the pa>-age If the oIl would !
, ;ec. National Btuk-. Therefore, lie
woU favor th,. amendment. winch.
| If llcorpUrat. d III the bi,i, ir wou'u
suf port, otherwise Le woui4 not.
! Mr. Morlug fo.lo"eL AI. Boyd III
| favor Of tbe amrndmtLt.
| Mr. pIunlX followed = opposition
! to the amendment.
| He sa> interrupted by Mr Meilaue.
! who sad that the g~ut.emau tr,.tD
! Davidson uLlntelItlOnaIiy uIsrepl--
| stutr,i the gentleman from Wake,
| ;Iud that gentle uaII being ont oi b.
seat, he would take Occasion to reply
/ 10 L n He said the gcuGielDaa from
! Nskt, wLlie admitting that an uLhc-.
| OF any OF the DIrec oIs oI = Ni.tiuI.ii
/ ak were. sII1y-..,D bic 10 the, laws aDa
, sujl"Ct 10 cEImlual pTo>ecutIUu III the
| Courts of The Sratr, ne did rs.t mean
/ To hay that tL" Directors or officers on
! NrtIUnAi banks were Altl,ct TO s.rr~s.
| and pros cu:Iun ioT usuTIous Interest.
g., nor dId hG believe thry w,rs- sub
! iect 10 prosecution by aIy law of the
! state, being created 10y ihe Federal
Congress.
Mr.. Hurley sad lie d d not rlsc TO
! mFf,e a speech, but Ae wuu:b ask sDt.
| Housr. ii by adopting this m,aet.d-
/ meut, wuu,d it not ne surrerderiug
our cpucalvcd idras ON the important
/ question OF STATE sovereig y? lie
! feGacI.o tins Question A7 more >acr"l
and It's perpetuat:on hy onc tuopi, ut
; m0r. Importance tiiau Usury. Cav.i
Rights ana all else besides. For Il :s
] raason be w3uid support The i.sneAd-
ment.
M Walker, of r chmoud. in reriy
| TO the arguments Vi tA,. opposition,
/ sad
A. prelude 30 what viii have f..
| say, desire to repel an stick fnade
/ rpon ne by the gentleman ffcin Du~
/ vI0""n. lie charges bat IL tLe con
| c!USton OF my Remarks on Thursday
/ l.
Lao. r.-4!a 10 s------i--. ->@----t tss'-lh hs'
/ tr"m iahlg interest "a depoaItA. and
! n thI> l have virtually T3C.dea NY
! i'os1ti n. My remarks bear ro sucn
! construction AID carry 30 such idea.
! l dtd say tblt the proper 1fm Gy Wa
| 10 impose TINS re'1rlction on NHtJC'rat
| banks. but s'lii alaIbtaintd that TINS
must bt GOne by the pi ioper authority
tie H,.tlUuat GOVERNING nt. l. was
! unnecessary iOE NE 70 notice tttiS. as
/ any &entlemau who beard my reuuarks.
! Viii tind a complete Tell4t..tIou to The
gentleman 5 charge.
Now. Nr, Spreaker, 1 vii briefly
@ts:e my position il refy to the nu-
mesOus gentlemen who have argued
Tins question. The gentle man from
Gnilford sid, (aud Jon viii lind 1t IN
his reported spetch,) that National
Banks were create., 10 nroviE. - e,a.
ti0ra! cI1rrency That. unless = Stat..
law impairs the efficiency cf th1
National Banks. town. IN ,bn -.
snment of a National c,,rre,-ae # j.
Constitutional The aD,.nfi.maT ,n,,,,'N
,ral,.nG,l 49,, t,ra st3+ns tL.-l.''L
ION IF vnn dI,'~1 So. t,'n "' 'ie 4,''7
Nat;o,ai .',,,, 80. VIC 'a,Do "I
rf,e accompI,shmsnt Of rbs nn;. M -I fnr
winch tt,r Bank vns o1isrn,a,ty Gea.r,,.
"A according 10 The o,nr on,,,n's nnr
statement The Gnci9-n,,. l.II,, 1',,.-1
.,t.d have ~, b..a,;,.C, ,,,,,,, .!I tl.
matters oh,.;, ,,,H - "a 49, ~
-. a,,iv;,,c, ,t c,,,r(.., .,,1,;''
III on,u,on Of A. ?,,.t,,,, }I..I''1
pm an nute75n nna,f;.n n,aa '-~A'
l42 on o. d..,,,sa,.., >.
.inn Rot ~ la',l..- +',ia