The daily state chronicle. [volume] (Raleigh, N.C.) 188?-1891, 1891-02-01
THE GENERAL ASSEMBLY :.
SENATE,
'Ewenty-secoHdD Day, Saturday Janua-
rV.-3I.

rY.-3I.
The Senate was called TO order BY
Lieut.. Gov. Holt and was led in prayer
by Rev DR.. Marshall OF Christ church.
The Journal Of Friday was read and
approved.
Mr.. Turner offered a resolution to
limit speeches in explanation of votes of
Senators to two minutes. Adopted.
Petitions.
Mr. Twitty, petition from Green River
Baptist church in Polk county.
The Public Printing.
The committee on Fsa>t Fsar>t1a Printing re-
ported that they had awarded the con-
tract TO Josephus Daniels, ESQ, and that
be had entered into bond for the faithful
performance Of his duties.
Standing Committees reported various
bills acted upon.
Bills Introduced.
Mr.. Freeman bill in regard to Insur-
ance Companies.
Mr.. Butler, to incorporate the town
Of Parkersburg in Sampson county.
Mr. Turner, to divide the CRIME Of
murder into two degrees and define the
same.
Mr.. Morgan, bill to amend chapter
313 laws of 1887.
Mr.. Shankle, to authorize the county Of
Stanley to issue bonds to build court
house; to incorporate Stanley Hall School
for boys.
Mr.. Parker, to require banks and
banking institutions to make annual re-
ports to the State Treasurer.
Mr.. Bellamy, to amend chapter 159,
laws Of 1887; to amend the charter of
the Winston-Salem Land and Improve
| ment Company.
Mr.. Twitty, bill to incorporate the
Asheville and Thermal Belt Line Railway
from Asheyille to Rutherfordton.
| Resolutions.
| Mr.. Mclean, resolution requiring
| State officers to mail reports to members
| of the General Assembly thirty days be-
| fore the cOuvening Of the Legislature.
Leave of absence was granted to
Messrs. Bull, Allen, Of Granville, and
Speght.
Mr.. Ardray. at the request of the La
| dies Memorial Association. moved tc
| VIC SOtOlSIo 11OlQS Dlll tEC SiJ6Cta
order for Tuesday at twelve o'clock
There being special order for that
hour, it was made special order for Wed
nesday.
Unfinished Business.
Bill to incorporate the Wachovia
Loan and Trust Company passed second
reading.
Bill to incorporate the Charlotte Lit
erary and Library Association passed
third reading.
Bill to incorporate 5he Contensne:
Club. Tabled.
The Interest Bill.
Mr.. Aycock, by consent, withdrew hi
amendment offered yestarday. Mr.
) Williams offered an amendment embody
ing the amendment Of Mr.. Ayoock.
} Mr. Williams said this placed the op
J Grafton OF the bill after the next election
> and would give the people chance t
express themselves at the ballot box
MIR. Avery offered an amendment S
as not to Apply toBurke and several othe
counties.
Mr.. Bellemy, not to apply to Ne,
2 Hanover.
Mr.. Griggsby, not to apply to Ash
6 county.
Mr.. Ardrey, not to apply to Meckler
: burg.
: Mr.. Bellamy took the floor against tt
9 bill and corrected certain statement
/ made OH yesterday by the Senator frol
: Pitt. He believed the distinguishe
Senator was honest in his statement
but he was mistaken.
Mr.. Audrey, said he was ready to ca
the vote of an honest man. He coul
not support the bill because it would M
accomplish the object desired. Banl
will not allow this Legislature to contr
IT their money; they will carry it out OF Il
'r State.
is The money will be withdrawn fro
IF the farmer and crush him. They mu
is have money or else ruin comes at one
We can borrow money at S per cen
and prosperous farmers can pays p
cent.
The president Of Alliance of his coun
is opposed to this bill. He was farm
,e and in the fullest sympathy with t
- farmers, but we cannot yet act indepe
u IDENTIFY of other classes.
al Mr.. Griggsby urged the adoption
n, his amendment.
e. Mr. Walser said he was in favor Of t
d. bill, if it were not amended so as
go make the law of no effect In certa
O. counties He did not know whether t
th law would be good for the whole peol
S. or not, but the people wanted it, and
should vote for it.
Mr.. Turner said he had no conv
tioas, but he did have an opinion, a
that opinion led him to support the b
He doubted the constitutionality Of I
" bill as amended, and hoped that it wol
I'D be committed to the Judiciary Comm
~ tee for investigation.
Mr.. Butler said person might stu
one side of question until he '
biased in opinion. We all agree that
object is good one Will it give US
ok, good expected, is the question to deci
in, He had looked at both sides of the qu
} in ton. he reviewed the argument
ted and against the bill. If we pass this
money leaves US. If that is so, the
We raise the rate to 10 per cent,
money will flow in here, must be so,
low rate, drives only that capital aV
,at, that will not remain except to oppl
nv us. It is better not to have money t
~, ~ hovo II ot q nr;oa that wn cannot