Macon beacon. [volume] (Macon, Miss.) 1859-1995, 1892-01-30
Legislative Proceedings.

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dealing in futures ground for attach.
mcnt.
The House adopted seven Code
chapters and invited x.President
Cleveland. to Jackson.
The CONS. amendment striking ont
$400. and inserting. $500, as pay Ut
members of the Legislature was de.
fsated by a vote of 80 TO Is.
Mr.. Madison. moved 10 strike out
$i00 and insert $500, Lost.
! An amendment by Mr.. Dinsmorc
striking out:-Circuit Clerks from
among those authorized TO solemnize
marriages vas adopted.
The CONS amendment requiring
Sherifs TO give bond in the sum OF
three fifths of tho assessment of the
previous year was adopted.
An amendment by Mr.. Dinsmore, al.
lowing Board of Supervisors to con-
tract by the wear for medical aid TO
prisoners, was adopted.
On Wednesday the chapter on Fees
was considered. Pending considera.
ton of section Oh Circuit Clerks, the
Senate went into executive session.
1t is thought they would reduce the
marriage license fee to one dollar, cx-
cept where the clerk was the father of
ten children. Peter is all right.
The House discussed the chapter Of
the Code on Interest.
A motion 10 reconsider the vote
tsken Saturday, fixing contract of ill.,
terest at six per cent, led to a spirited
debate, participated in BY Messrs. Var
daman, Rice, Henry, Cook, Burkitt
and Street. who favored the motion,
aud Mrssrs. Ivy, Wade and O'Neill
who opposed it. Adopted BY q vote
of 80 to q,
The old law was rc-enacted, fixing
the maximum rate of interest at six
per cent. but it may by contract or
agreement be as high as ten per cent.
Mr.. O'Ncill the author of the substi.
tgtf G5dyoca,Gd his substitute With sio;
strings had hten touched by the la.
inevitable distress found among the
farming classes. They were becoming
more and more destitute. year BY year.
because of inability 10 pay the inter.
est charged. Ills proposition 10 re-
ducc the present rate of interest, had
been universally endorsed, except by
one man who counted his wealth by
the tens of thousands. Money was to-
day quoted in the money centres at Al
and B per cent, and when the an.
nounccment was made of the issuance
OF national bonds at 81 per cent, veal.
thy capitalists stool in line to buy
them for whole days, doing without
sleep and having their meals sent 10
them for fear Of losing their turn,
Mr., Burkitt did not believe II posi-.
bic for a State by arbitrary fiat TO reg.
ulate the rate 0! interest. lie had az.
coated the sub.treasury because he
felt this reform could only be accom-.
plished by the general government.
Mr.. Peerv called the previous ques-
ton Oh the motion TO reconsider, and
same was carried by q vote of SO to 81.
On Thursday evening Mr.. O'Neill
offered u substitute fixing the rate of
interest at six aud eight per cent. but
il was voted down,
When the chapter on corporations
was considered Mr.. Dinsmore pre-.
scnted an amendment prohibiting any
bank from issuing moro than oue.fth
of Its capital stock 10 any one person
or any n firm,
The chapter on National Guard was
taken up. aud was considered by sec.
tions. Mr.. Burkctt wanted the off.
GERS cleative instead of appointive.
His amendment was defeated.
Mr.. Bowles offered an amendment to the
chapter on appeals, which was adopted as
follows;
Provided. that nothing in this chapter
shall be So construed az to authorize the
imprisonment In the penitentiary Of any
person whose appeal is pending Ia the su.
preme court and undecided; provided turtli-
er, that said appeal was taken by the advice
ofreputsble counsel.
TIT chapter Oh Assignment for the bene.
Ut Of Creditors, was coucurred in and the
chapter adopted.
Mr.. BurLitt offered an amendment to the
first section, adding, ''but no assignment
which gives preference to one creditor over
another shall be valid"
nr. Burkitt said the practice of de!raud.
Ing creditors by making fraudulent assign
ments to preferred creditors. who were Of
ten Of = mans own household, had brought
more odiunl upon the State than anything
ever dsne by her, except the population y,
her debt.
Nessrs. Vnrdaman, O'Neill, Cook, Nc
Guirc and Thompson look ground arains
the amendment, holding that the owner
ship Of oue's property should be .upreme
aud his right " Its disposition u~ndIsputed.
The House should not shape legislation to
to meet exceptional cases, but to NEE,
those most likely to occur. The amend.
ment was lost.
Mr.. Dulaney called up his motion TO re.
consider the vote adopting the CHAPTER on
juries.
Nr. Underwood, chairman Of the Tenn.
perance committee, said that this question
had been settled, then yecsnsidcrcd, after.
wards tabled, and was now agaln brought
forward. lie wanted to know when and
where the thing would stop. s~aloonlst,
had been rendered ineligible " Jury service
Out offs desire TO elevate the standard o,
jurfss, ind he hoped the motion to recon.
-scc- -cr't ut prevail.
Mr.. vardaman was granted The time o,
NJ. Dulsney to reply. 10 sId that a. Ions
- Tho State recognized the saloon busIness
Iasd nsds itIawfuI by taking ihs money Of