The state chronicle. [volume] (Raleigh, N.C.) 1891-1893, 1893-01-26
THE GENERAL ASSEMBLY.
REPORT OF THE PROCEEDvNcS
OF THE NINETEENTH DAY.

OF THE NINETEENTH DAY.
The Debate In the Senate on The I'm.
| tcrest Law Is Participated In by
Various Membcrs-The House.
WEDNESDAY, Jan. 25.-The senate
met at | o'clock a. m, President Doug Oh
ton In the chair, and was opened with
prayer by Rev. DR.. s. B Shesrer. presi
dent OF Davidson college.
The journal of yesterday was read and
approved.
MT. Day arose to question of personal
privilege. He said if he hsd said any.
thing harsh yesterday in the heat of de
bate he regretted it and offered his apol.
ogies.
Mr.. Sheriff. presented a petition OF
citizens OF Bsndy's township in reference
TO the election of justices of the peace.
Election Of Justices of the Peace.
! Mr.. Mcdowell, apetition from citizens
OF Charlotte, Reidsville, Iredell county,
Statesville, Greensboro, Maxton and
other places protesting against the sale
of liquor within two miles of the Pres
byterian orphans home at Barium
Springs Propositions and Grievances
Mr.. King, petition from citizens OF
Greensboro protesting against the sale OF
liquor within two miles of the Presby
terian orphans home at Barium.
MIR. Patterson, petition from the
citizens of Lenoir, protesting against the
sale Of liquor within two miles of the or
phanage at Barium Springs. PROPOSE
tions and Grievances
The following bills and resolution
were introduced.
Mr.. Norton, a bill to prohibit the sal,
OF liquor within two miles Of Hickory
Hill schoolhouse, in Onslow county
Propositions and Grievances.
Mr.. Norton, bill to incorporate th
North State Manufacturing, Land ant
: Power company. Corporations.
, Mr.. Mcdowell, bill concerning tn
sale Of contingent interests and estates
, Judiciary.
, Mr.. Aycock. a resolution that the com
mittee on railroad and railroad commits
sion take up the case of each railroad i
this state claiming exemption from taxa
! tion and consider the same. Calendar
Mr.. MCLAUGHLIN, Of Cumberland,
resolution to pay to William B. Hender
q son the expenses incurred during til
q Warren-Vance election contest. Calen
dar.
: Mr.. Mitchell, to establish a crimint
court in the thirteenth judicial distric
including the counties OF BERTHE, Craver
Edgecombe, Halifax, Northampton, PIT
and Warren. Judiciary.
Mr.. Newell, bill to prevent the vic
10 lation Of the Sabbath by running railwa
K trains on Sunday Railroads and Raj
re road Commissions.
J, Mr.. Mclaughlin, Of Iredell, q bill
h, amend section 6, chapter of the privat
It, laws Of 1891. judiciary.
IL Mr.. Posey, bill to repeal chapter SO
oor laws of 1891, in relation to holdin
3. courts in the twelfth judicial district an
q. to amend section /, chapter $50 of Il
fly laws of 1885 Calendar.
Mr., Posey, bill TO amend sectic
3737 Of the Code, in regard to fees of s.
- licitors in capita. cases. Ja dietary.
Mr.. Fields, bill to renew and ir
prove the public road from Elkin,
Surry county, to Sparta, in Alleghal
q county. Roads.
y, Mr.. Battle, bill providing meG
whereby person who has warrants
the title to real or personal property M
W oc Iequiieu W ueleuu lAe oohe. ouu
> ciary.
Mr.. Battle, bill in regard to the q
portionment of the homestead when t
debtors real estate is indivisible JUG
:, ciary.
IN Mr.. Aycock, bill to collect taxes
G. the branch lines of the Wilmington a.
We Weldon railroad company. Railroa
and Railroad Commission.
Mr.. Cooper, bill to prohibit the ss
OF deadly weapons to minors. Judiciar
Sennate bill 1856, to authorize the col
missioners of Rutherford county to lie
re a special tax, passed its third reading.
nv Senate bill 1872. to charter the town
IA Mars Hill, in Madison county, pass
it's third reading
eodi The bill for the relief of money b.
of rowers was taken up. Amendmer
is, were offered excluding New Hanov
ial Brunswick, Madison and Buncombe FRI
~, u' the provisions of the bill.
Mr.. Morton said this interest mat
had been before every General Assent
be for years. He wanted the senate, ever
II it voted for the bill to become law,
az, exclude the counties he represented fir
the provisions of this bill. He thous
LQe Oil WOUlu oIlNC Jul Cnpitoi ohu 8
es. some clear and unique illustrations
= support of his position. The law of 81
ply and demand regulates the rate of
terest as the price of everything ell
The higher the rate of interest the m
the money that can be attracted to {
,d section. If the bill was passed he
'u not want it to apply to his section
spoke we'll in favor Of his position.
Mr.. Battle favored the amendment
Mr.. Morton. He thought there was
demand for change in our usury Ii
In his county there was discussed
o. scarcity of money, but no reduction
q the rate of interest. He renewed
monetary issue, Of the campaign, 81
.. ing the propositions of the different
GOV litical parties As far as his observat
extended the people did not dems
our any change. He thought this law wo
m AXE it almost impossible for farmers
borrow money. Only five or six sts
in the Union put the rate of inter
AY down to per cent. with any strict
feiture. Many states allowed 81
KS. deal more. He thought it would be
height of folly to reduce the rate.
Battle is an able, earnest speaker.
Mr.. Leatherwood agreed with the G
~. tlemen who had just preceded him.
no' thought this bill would drive money
of the state. This is not the time
OF this bill to become law; let us '
until money is more plentiful in our st
uo e,ropolv onnosed the bill and