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THE WILMINGTON JOURNAL WILMINGTON, N. C. THURSDAY, DECEMDER C, 1866. To-Day! To-Day ? It is often said that the practice of every virtue is difficult, sometimes painful in deed some have gone so far as to aver that Ihft r.hifif merit of virtuous actions lies in the self-denial they require. This, howev er true, in respect to the practice of most of the virtues, cannot, we think, be alleged of the virtue of aratiiude. There is no more pleasing exercise of the mind than this, and were it not commanded as a duty, one would think it would be indulged for the natural gratification which always accom panies its exercise. This is one of the f e w duties, the performance of which is attend ed with such real pleasure that its reward is found in the act itself. Here, at least " virtue finds its own reward," and if this be true of gratitude between men, how must the virtue bo exalted and the pleasure enhanced when God is its object that which was a most pleasing sensation when indulged toward our fellow-man, now rises to a holv and elevatimr aspiration as it is directed to that beneficent Being, "from whom all blessings flow." These thoughts have been suggested to us by the recom mendation of the National, as, also, of the State Executive, that this day Via dedicated to the Holv offices of Iieligion, and particularly to the expression of our deep gratitude and awful homage to Him, in whose hands are the destinies of Nations, for his innumerable blessings to us. There is no truer measure, by which to determine the advance of a people in moral and intellectual culture, than such manifestations of the National mind, as there is no more sublime and af fecting exhibition of the National hear1 than this spectacle of a mighty people pros trate before that throne to which all alle giance and faith and love and loyalty in heaven and earth are due, imploring par don for the past, while, "with hands up lifted and with eyes devout," they pour forth the diapason of a Nation's thankful ness. "We are indeed gratified to see this acknowledgment of our constant depen dence on the only Being in whom "there is neither variableness nor shadow of turn ing." Governments, like the men who make them, are unstable as the water, and shift their forms to suit the spirit of the times, but to the true, and leal and faith ful patriot, it is an inestimable consolation to know that change "stops with the shore" of time ; that He, upon whom we repose our trust, is the same, " yesterday, to-day, and forever," and if we will indeed, and in truth, be true to Him and to ourselves, we may "go forth to meet the shadowy future without fear and not without hope." It is true, there are some men among us, who would fain have it believed that we have nothing to be grateful for that our beloved mother North Carolina is at present in the hands of her bitterest enemies unnatural off spring, who, reversing the fable of antiquity, which made the parent devour her issue, are engaged in devouring their confiding and devoted mother, by every species of depletion, extortion and vexation, which the possession of present power enables them to exert. But wo should feel it a sort of sacrilege, while engaged in the exercise of these elevating and holy duties of religion and patriotism, were we to permit the thoughts of such men to intrude themselves upon us. No, we have yet a country ; thank God, and a noble, buoyant and jubilant country, though it be for the nonce de pressed by a weight we cannot remove, it is only temporary, the superincumbent weight will be removed ; for we have a God as wel as a country, and He, in his own good time, will lift the incubus from us, and then we, and the world, will see the might that slumbers in the now coiled and fettered spring, Daily Journal, 29. Repudiation of Private Debt. One of tho most difficult problems for the solution of the statesman, is tho measure of relief to be applied to a people suffering from great monetary prostration. Modern times present many instances of financial revulsions, and we believe that they have been left, almostwithout exception, to work their own cure. But the caso of the South has few paral lels in history. Not only have our people been subjected to an exhausting war, but the greater part of their available means, that which was the basis of their ccdit throughout tho world, has been entirely do etroyed in so far as it was regarded as pro perty, or as a means of providing for tho payment of debts. Thus, w hilst the debts remain, the basis on which they were con tracted is gone, and thousands among us are reduced from affluence to extreme pov erty. Now, it is idle to say that no relief should be extended in cases of this sort, and that matters should be left to cure themselves. Such a course would be as much wanting in statesmanship as in hu manity. But the questions arise, what is the rem edy what degree of relief should be ex tended ? In answering these questions, we must always bear in mind that no State can pass any law impairing the obligation of contracts, and that Congress only can pass a general bankrupt law. Our legisla tors should not forget these provisions of the Constitution of the United States, and every attempt by our State Legislature to pass laws in direct contravention thereto, argues a want of wisdom and of statesman ship, serves only to delude debtors with false hopes, and so far from extending re lief, ends only in disappointment. The State Legislature may pass a law abolishing imprisonment for debt, but it can pass no law under the title of " An act for the relief of insolvent debtors," or un der any other title, protecting the property of the debtor, whether acquired heretofore, or to be acquired hereafter, from sale, un der execution, for his debts, whether those debts be old or new ; and every effort on the part of a State Legislature to effect such a purpose is vain and futile. So also is every effort, under whatever guise it may appear, to prevent the collec tion of debts, or to hinder or delay the col lection thereof. In all efforts, then, on the part of our State Legislature to extend re lief to the people, the cardinal points we have specified should not be lost sight of, and everything which may be done for the purpose stated, should be done consistent ly with these principles. The Legislature of 1865 passed a " Stay Law " which bade defiance to all the ordi nary principles of construction. Perhaps it cannot be better described than in the words of a distinguished member of the late Convention, to the effect, if we remember rightly, that, had fifteen persons met to gether, without previous consultation, each with a section prepared by himself, and had resolved to throw them together and print them in the shape of a bill, it could not have been more unintelligible than the Stay Law in question. There is not the slightest doubt of the utter unconstitution ality of that law, or of the fact that it would have been so declared by the Supreme Court, if the uuestion had over come before that body. Thus matters stood when the late Con. vention met in second session. The law passed by the Legislature to extend relief to the people Mas little better than a farce, and all eyes were turned to the former body in expectation of an act that would meet the objections wc have stated, and at the . - . jH" 1T A same time admit oi liuemgioie construe. tion. arions bills wore submitted to tliat body, aud referred to a committee of which Judge Howard was Chairman. Now, we have reason to know that the committee in question worked most faithfully and hamio- niouslv, and with an earnest desire to ex- end relief to the people, and to do justice I between debtor and creditor. We think tho committee succeeded, and that the bill which passed the Convention should not be disturbed. That bill gives the jurisdiction of debts over sixty cioiiars, co niracieu ueiore ouay st, 1SG5, exclusively to the' Spring terms of tho Superior Courts. It requires one tenth of debt and interest to be paid at the first term to which suit is brought ; one-fifth of tho residue at the succeeding Spring term ; one-half of tho residue at tho next succeeding Spring term, andfro years for the remainder, giving judgment and a lien m three years irom tne nrsc term, anouia here be a failure to meet the installment, the case goes on in regular course. Now it must not be forgotten that this bill postpones the first installment until the debtor can have the full benefit of the crop of 186G. To give him the benefit of this . i i crop, was tne sole purpose oi postponing the installment to the Spring term, thus the debtor will have the benefit of two crops from he time of the surrender, before being called on to pay a cent. We think that under all he circumstances nothing better can be done within the power of a State Legisla ture. All classes are disposed to sustain. this law, and the members of the bar seem to have tacitly agreed not to test its consti tutionality. The Judges do not desire to be called on to decide the question, be cause the law is regarded as a fair compro mise ; some relief, it is conceded, is re quired, and nothing more equitable has ever been suggested than the stay law of the Convention. But the ordinance of the Conven tion de clares that it shall not be rcjwded, altered or amended by the Legislature at any time before November, 18C8. Now the power of the Convention to legislate has met with no more sincere opponent than this jour nal, but tho Supreme Court at its last ses sion impliedly sustained that power. We, of course, submit to the interpretation of these matters by our highest judicial tribu nal, as all good citizens ought to do, and just as sure as our present Legislature un dertakes to set aside, repeal, amend or modify the Stay Law of the Convention, ju3t so sure will such action be declared void by the Supreme Court : and any bill extending a greater measure of relief will be declared unconstitutional also. Nay, even the Stay Law of the Convention will be so declared, if the Courts are forced to a decision upon it. A word to the wise is sufficient. No one can overestimate the advantage to be derived by our people, at this time, from a fair extent of credit by capitalists. Anything that destroys this, must have a disastrous effect. Our people desire repose they look for some settled policy in legis lation; it can do them no good to have monetary affairs continually unsettled by never ceasing efforts to extend to them re lief. Belief is hoav to b- found, and only to be found, in an effort to better our con dition by untiring industry, unwearied ap plication to business, and mutual confidence in each other. Nothing good can be effec ted or promoted by crude, visionary, undi gested and unconstitutional schemes to ex tend relief, which can end only in discom fiture and disappointment. Tlie Howard Amendment We publish on the first page of to-day's Journal a most admirable letter of ex-Governor Swain, President of the University of the State, addressed to Governor Perry, of South Carolina, upon the subject of the proposed constitutional amendment. It will be seen that this gentleman takes strong ground against the amendment, and we regard his letter as among the best at tacks which have been made against this congressional iniquity. It is characterized by sound judgment, good sense and lofty patriotism, and strikes at the amendment from a different standpoint from any of the other distinguished gentlemen who have made their opinions public. Gover nor Swain in the letter before us, takes a more practical view of this vexed question than others, and his illustrations are strik ing and accurate. The Vote for U. S. Senator. The crowded state of onr columns prevent us from giving the various b alio tings for United States Senator by the North Caroli na Legislature, on the 27th and 28th insL We give the result of each vote, and the 4th ballot, had on the 28th, in f ulL which elected Mr. Manly. See proceedings in another column. Gov. Orb, in his message to the Legisla" turo of South Carolina, now in session at Columbia, gives his "views at length in op position to the Howard amendment, and concludes with the following sensible re marks: There re other objections of a grave character which might be urged; and among these it may be mentioned, that if the amendment is adopted, we not only have no guarantee that our representa tives would be admitted to Congress, bat there are unmistakable indications that they would still be excluded. It is unnecessary, however, to dwell upon a subject which has been to far decided by the public opinion of the peop e of the State, that I am justified in saying, toat if the Constitutional amendment is to be adopted, let it be done by ihe irresponsible power of numbers, and lot ns pre serve our own self-respect, and the respcet of our posterity, by refusing to be the mean instruments of onr own shame. Nineteenth Annual Meeting of the Stock, holders of the Wilmington ami Manches ter Railroad Company. MORNING SESSION. The Stockholders of the above Company, agree ably to notice, assembled in the Court House in this city, onyesterday morning, at 10 o'clock. On motion of Mr. Drane, Mr. Hugh Wilson, of Sumter, was called to the Chair. Messrs. W. A. Walker and John Maultsby were appointed Secre taries. On motion, the Secretaries together with W. A. Wright, Esq., wer; appointed a committee to as certain the numbei of shares represented and to verify proxies. The following number of share were leported as represented : In Person j,01l shares. By Proxy 3,145 do Total .. 8,156 do A majority of the capital stock being thus repre eonted, tho meeting was declared duly organized. On mraion of Mr. Drane, the reading of the reports ji the officers was dispensed with, aud a committee of five were appointed to consider them, and to report the result of their consideration. The Chair appointed as this committee, Dr. 15. F. Arlington, Col. F. M. Mallett, Col. S. L. Fre mont, Jesse Keith and S. D. Wallace, Esqrs. On motion of Ii. Bradley, Eaqr., the meeting ad journed until 3 o'clock, P. M. AFTERNOON SESSION. The meeting was called to order by the Chair man. Tho committee appointed to consider the re ports of the ofilcers of the Company through their Chairman, submit ted the following" llJEl'OKT : The Committee to whom was referred the report of the President and Directors with the acconipa ning reports of the Superiatendentand Treasurer, beg leave to report that they have given the sub ject committed to them all the consideration they were able to do in the limited time they have had. The Committee are much gratified to be able to concur as they do, most fuily with the President and Directors in their view of the financial condi tion and prospects of the Company, while they approve the i, Ian adopted to raiso the means ne cessary to reconstruct the road and machinery, and place it in its present good and efficient con dition ; and they hope that this plan will be fully carried out, as they believe it will result in plac ing the work in such crder as to be worked eco nomically and its finances in a most desirable condition. The action of the President and Directors in aiding, under tho charter of the ' Wilmington Railway Bridge Company," in connecting the sev eral Railroads centering in this city, by permanent bridges over the two brauches of the Cape Fear River, is fully approved, and they recommend that the steps taken by the President and Directors on this subject, be corfirmed by this meeting, and that authority be given to complete the. work. It seems to your committee that due economy has been observed in the management for the past year, as well as in the reconstruction and re equipment; and the committee cannot too strong ly impress upon the management of the current year the necessity of observing a judicious econo- ! my in all its operation. ! Tho purchase of iron rails to complete the re-i pairs of the track, is approved, as well as anything j else absolutely necessary to an economical man-! agement. i The committee recommend that the authority granted to the President and Directors to raise means to reconstruct the property, adopted at the 1 last meeting, bo re-afiirmed and continued. In conclusion, your committee desire to state : that they are much gratified at the financial con- dition and prospect ot your proporty, and think much credit is due to your indefatigable President for his earnest exertions in you behalf as well as 1 to your Directors, who have aided and sustained i him throughout. j On motion of D S. Cowan, Esq., :he report was j rnTmnnJ f.F'v Wr,vi v i mi I On motion tl W. A. right, Esq., the following resolution was adopted : I liewlvert. That the ordinance ol the Conven-! tion o; tnis btate, entitled 'An Ordinance tom- corporate the Wilmington Ita;lway Bridge Compa ny. ' ratified the 23d day of June, A. D., 18M, so far as the rights, powers, privileges and fran chises, and the duties and obligations thereby granieu 10, or imposeu on, tins uompauy are con cerned, is hereby assented to and accepted from this Company ; and that all agreements, contracts, covenants and liabilities of every kind whatsoever, which have been entered into in behalf of this Company, by the Directors of this Company, by virtue of any of the provisions of the ordinance above referred to, are hereby affirmed and ratified, and declared to be, in all respects, obligatory on this Company. On motion of W. A. Wright, Esq., the following reolution was adopted : liesolced, That the action of the President and Directors of this Company, taken under the reso lution of the stockholders having reference to the thorough equipment and repair of the lload of this Company, adopted at the last annual meeting, meets with the entire approval of the stockhold ers; and tho powers and authority conferred on the President and Directors bv the resolution referred to are hereby declared to be continued, and should be exercised to meet any exigency which may arise. Mr. Parsley offered a resolution amending the By-Law of the Charter in regard to the transfer of stock, which was finally defeated, after much dis cussion. On motion of Dr. A. J. DeRosset, it was resolv ed that tho next annual meetiug of this Companv be held in this place, on Thursday after the fourth Monday in November nest. O. G. Parsley, Esq., offered a resolution to the effect, that Geo. 11. French, Esq., and Col. Wm. L. Smith, be appointed Auditing Committee for the ensuing year, with the authority to call in some member of the Board of Directors to their assis tance. Adopted. On motion, an election for President was entered into, which resulted in the unanimous choice of Capt. II. M. Drane, the president incumbent. An election for Directors succeeded that for President. The following gentlemen were re ported as elected, together with the number of votes received : O. G. Parsley H,l81 Shares. John Dawson 8,107 " B. Bradley 8,03!) " J. E. Gregg 8,07'. " Henry Nutt 8,181 " D. S. "Cowan 8,181 " J. G. Burr 8.0MO G.J. W. McCall 4,i:i Dr. A. J. DcRosft 4,848 " V. E. Mills 7,823 " O. G. Parsley, Esq., offered a resolution, that in view of the scarcity of provisions in South Carolina and along the line of the road, the President and Directors of this Company be instructed to put freights to ac ual consumers, at the loweet possi ble rates, and to discriminate in their favor, if not in violation of the charter of the Companv. Which was adoptsd. On motion, Wr. A. Wright and W. A. Walker, Esqrs. were appointed a Committee to prepare the proceedings of this meeting forpublicatioii. On motion of O. G. Parsley, Esq., the thanks of the meeting were tendered the Chairman and Sec retaries for the manner, in which thev discharged their duties. Ou motion, the meeting adjourned. Ifaily Journal, 2Sth. DinECTons' Meeting At a meeting of tho Di. rectors of the Wilmington & Manchester Railroad, held last evening, the following gentlemen, (the present incumbents,) were elected officers of the Company for the ensuing year : General Superiidendent Wm. McRae. Secretary and Treasurer W. A. Walker. General Freigld Agent John L. Cantwell. Yard Master and Store-Keeper 3. G. Green. A despatch from Chicago states that the Sycamore Bank, located at Sycamore, Illi nois, has failed, and its drafts have gone to protest. E. T. Hunt is the Cashier and principal owner, and he is quito ill from nervous excitement He claims that he has assets amounting to $50,000, and that his liabilities are about the same. J.ne question, ' Why. printers do not succeed as well as brewers ?" was thus an swered : " Because printers work for the head, brewers work for the stomach ; and where twenty have stomachs only one has brains." '"I would not be a woman, for .then j conld not love her," says Montague. Lady M. W. Montague, says "The only objec tion I have to be a man is that I should then haye to many a woman." ; BEPOBTED EXPBESSLT FOB THE JOTJKXAI-J NORTH CAROLINA LEGISLATURE. Tuesday, Nov. 27, 1866. Prayer by the Rev. Mr. Hardie, of the Presbyterian Church. Mr. Wiggins, from the Finance commit tee, reported adversely to the bill, and reso lution ta prevent frauds upon the Revenue of the State. Mr. Robins, from the Judiciary, reported adversely upon the resolution to have the public printing done at the Deaf, Dumb and Blind Asylum. Mr. Cunningham, fiom the committee on Propositions and Grievances, reported adversely to the resolution upon the sub ject of the introduction of Foreign iniaii gration into the State, unless it can be done without appropriations from the State. GOVKRNOr.'s l'ALACE. On motion of Mr. Robins, so much of the Governor's message as relates to the Gov ernor s palace, was referred to the commit tee on public buildings. SENATOEIAIi ELECTION. On motion of Mr. Clark, a message was sent to the House, proposing to raise a joint committee of three on the part of each House, to take into consideration the prop er construction of the Act of Congress in regard to the election of U. S. Senator. The House concurred, and Messrs. Clark, Wilson and Dove on the part of the Senate, and Messrs. Dargen, Kenan and Beasly on the part of the House, composed the com mittee. lUT-LSi IXTKOUlCEJ. By Mr. Jones To grant aid to the Che raw and Coalfields Railroad. Printed and referred to Internal Improvements. By Mr. Robins To amend an act entit led an "Act to regulate Salaries and Fees. " Referred to I'roiMsUious and Grievances. Bv Mr. Avery To enhance the value of ! the Bonds to be issued for the completion of the Western N. C. Railroad. Printed and referred to Internal Improvements. By. Mr. Berry For the better suppres sion of the crime of horse stealing. Prin ted aud referred to the Judiciary. By Mr. Richardson To authorize cer tain counties to subscribe to the capital stock of the Cheraw and Coalfields Rail road. Referred to the Judiciary. u. s. sexatok. ! of the bill, which, he said, did not contem- The hour having arrived for the execu- j plate a repudiation of any portion of the tion of the joint order, viz : tho election of j State debt. He urged the temporary abro the United States Senator. The Senate ' nation of the Revenue law. (proposed in voted as follows : Those who voted for Mr. Manly Messrs. Cunningham, Ethridge, Harris, of Frank lin, Kelly, Koonce, McLean, McRae, Thompson and Thornton. For Mr. Howard Messrs. Speaker, Clark, Hall, Moore and Paschal. For Mr. Pool Messrs. Bullock, Cowles, Gash, Harris, of Rutherford, Jones, Leach, Respass and Richardson. For Mr. Ferebee Messrs. Ferebee, Speed and Wiggins. For Mr. Wiggins Messrs. Adams and Battle. For Mr. W. N. H. Smith Messrs. Barnes, Perkins, Spencer, Willey and Wil liams. For Mr. Ashe Messrs. Covington, Lloyd, Marshall, McCorkle and Wilson. Mr. Robins voted for Mr. Winston. Messrs. Edwards and Love voted for Gen. Ransom. Mr. Avery voted for Gov. Vance. Mr. Berry voted for Mr. Turner. Mr. Brown voted for Mr. Reade. Mr. Hill voted for Mr. Phillips. Mr. Johnson voted for Mr. Mitchell. second balixt. Those who voted for Ma-. Manly Messrs. TWtle Cl nk rwnnincrl1.,m Fthe- V,ei J ' e,J L . ' V ,g. rige Hall, Harris, of Franklin, Kelley, Koonce, Moore, Thompson, Thornton and Williams 13. For Mr. Pool Messrs. Bullock, Cowles, Gasb- Harris, of Rutherford, Jones, Leach, T, , , T, 3 -.- , f, Paschal, Russ and Richardson 0. For Mr. Ashe Messrs. Covington, Joba son, Lloyd, Marshall, McCorkle, Mcllae, McLean aud Williams 8. For Mr. Smith Messrs. Barnes, Perkins, Spencer and Willey 1. For Mr. Ransom Messrs. Edwards, Love andjWiggins o. Mr. Ferebee voted for Mr. Ferebee 1. Mr. Speaker voted for Mr. Howard 1. Mr. Brown voted for Mr. Head 1. Messrs. Hill and Robins voted for Mr. Phillips 2. Messrs. Adams and Berry voted for Mr. Gilmer 2. Much discussion was indulged in between the votings as to the proper construction of the act of Congress, the joint committee appointed to construe the act and make ar rangements for the elections, having been unable to report before 12 o'clock, the hour agreed upon to begin the election. The Senate decided to vote independent of the action of the House, and the two bal lots were had without any conference or comparison of votes on the part of the two Houses. As no candidate in the Senate received a majority of all the votes cast, no name can be recommended to the joint convention to-morrow. STAY LAW. - I Mr. Cowles proposed by resolution, to! raise a ioint committee of rive from the Senate, and seven from the House, to whom shall be referred all matters touching the Stay Law. Messrs. Clark and Wilson held that the system o legislation w hich was becoming common in the General Assembly of refer ring matters to joint committees., was at variance with the Constitution such action was converting tho two Houses, which very properly were intended to be mutual cheeks upon each other, into one House. The re solution was not adopted. JtKVEXCE ISIIiLi. A message was feceived from the House, transmitting a report from the Public Treas urer with a Revenue Bill prepared for the consideration of the General Assembly. Also reports from the Secretary of State and Comptroller, with proposition to print, which was concurred in. THANKSGIVING DAY. The Senate refused to concur in the pro position of the House to adjourn over Thursday. This action was based upon the act of Congress which requires the two Houses to meet in joint convention every day at 12 M. to vote for Senator until an election is made. WEIGHTS AND MEASURES. The Senate also refused to concur in the proposition of the House to raise a joint committee on so much of the Governor's Message as relates to Weights and Meas ures. The Senate adjourned until 11 o'clock, to-morrow. HOUSE OF COMMONS. Tuesday, Nov. 27, 18G6. Prayer by Rev. J. M. Atkinson, of the Presbyterian church. The Speaker announced Messrs. Wood ard, Long and Williams, of Martin, as ad ditional members of the Committee on the Judiciary, and Mr. Westmoreland as an ad ditional member of the Committe on the Insane Asylum. CHERAW AND COALFIELDS 11. Ii. Mr. Black presented a petition from the President and Directors of the Cheraw and Coalfields Railroad Company, asking State aid to the extent of one million of dollars, on such conditions as it may seem proper to impose, in the form of a subscription to the capital stock of said Company, to be paid by a transfer of a corresponding amount of stocks' and bonds of some of the finished roads in the State. Messrs. Dargan and J ordan presented similar memorials (asking aid lor tnis road) from citizens. Ordered to be printed and referred to the Committee on Internal 1m nroments. Mr. "Latham, of Craven, moved that a message be sent to the Senate, proposing that the two Houses proceed to elect tne Comptroller of Public Accounts, to. Not agreed RETOKTS OF COMMITTEES. Mr. Perry, of Carteret, from the Com mittee on Claims, reported a resolution in favor of Rufus H. Jones, Executor of Al fred Jones, deceased. Mr. Waugh, from the Committee on Pro positions and Grievances, reported back a bill to declare the Roanoke liver a sum cient fence, in the county of Martin, re commending its passage. By Mr. McKoy, for the Committee on the Judiciary, reported back a bill to amend section 30, chapter 54 Revised Code, in re lation to Guardians and vv ards, recommend ing its passage ; a bill to grant a general amnesty and pardon for offences com mitted during the war, with a substitute therefor, recommending its passage ; a bill for the relief of the people of Chatham county, unfavorably ; a bill for extending the time allowed for the collection of taxes in certain counties, favorably with amend ment. Mr. Morisett, from the Committee on Private Bills, a bill in favor of R. P. Mel vin, Sheriff of Bladen, recommending that it do not pass. Mr. Harper, from the Financo commit tee, reported back unfavorably, a bill for i the relief of the people. ! Mr. Kenan, from a select committee, to arrange for counting the votes cast for Gov ernor in the last election, reported, recom mending that the two Houses meet in joint convention in the Common's Hall, on Tues day the 4th of December, for that purpose. Report concurred in. BELIEF OF THE PEOPLE. Mr. Long moved a suspension of the rjiles, that the House might consider "a bill for the relief of the people," reported back this morning from the Finance com mittee, with a recommendation that it do not pass. Mr. L. addressed the House in support the bill) as the best made of offering relief to the people of the State Mr. Latham, of Washington, inquired what would be done with moneys already collected under the existing law, and what necessity there was for its repeal, when it would be repealed by the Revenue bill to be prepared at the present session of the Legislature ? Mr. Long was understood as saying sub stantially that ho favored, at the present time the collection of no more revenue, than was essential to keeping up the Statu government paying its usual ex2"enses. The quertion recurring, the House re fused to suspend the rules. GOVEENOIt's PALACE. Mr. Waugh introduced a resolution to refer so much of the Governor's Message as relates to the Executive Mansion and Grounds, to the committee on Public Build ings. Adopted. j WEIGHTS AN1 MEASUKES. I On motion of Mr. Horton, of Watauga, a message was sent to the Senate, proposing ! to raise a joint committee on so much of i the Governor's Message as relates to the ! subject of " Weights and Measures." J THANKSGIVING DAY. ; On motion of Mr. Holdcrby, a message j was sent to the Senate, proposing that the I two Houses, when they adjourn on to-mor-j row, adjourn to meet on Friday, Thursday j having been set apart as a day of Thauks- giving. Mr. Ilinnant introduced a resolution au thorizingthe Clerkjof the House, to appoint, if necessary, an additional Doorkeeper. Laid on the table, on motion of Mr. La tham, of Washington. HILLS INTRODUCED. By Mr. Davidson, a bill concerning the county seat of Clay county. By Mr. McRae A bill for the relief of John A. Long, Sheriff of Richmond coun ty Authorizes him to collect taxes in ar rear. By Mr. Davidson A bill to provide for the construction of a bridge over Notla river in Cherokee county. By Mr. Walker A bill to authorize H. B. Norman, late Sheriff of Tyrrel county, to collect arrears of taxes. By Mr. Blythe A bill to revive the 9th, 10th and 11th sections of the Stay Law, rat ified on the 11th of September, 1861. By Mr. Whitley A bill allowing fees to Justices of the Peace. REVENUE BILL. Messages were received from tho Gover nor transmitting a report, and a Revenue bill drawn by the Treasurer, and a report from the Comptroller and Secretary of State relative to the amount of funds in the Treasury. Sent to the Senate with propo sition to print. The House then adjourned to 11 o'clock, to-morrow. SENATE. Wednesday, Nov. 28. The journal of the previous day was read and approved. The speaker called attention to that part of the journal relating to the election of United States Senator. Mr. McRae, a memorial of the citizens of Brunswick county, in reference to the Cheraw and Coalfield railroad company. Referred to committee on internal improve ments. Reports of standing committees were then received. The resolution fixing the 22nd day of De cember next as the day of final adjourn ment was taken up and considered. Mr. Cunningham supported the resolu tion in some able and pointed remarks, but it was withdrawn temporarily by request. Mr. Wilson, from the joint select com mittee for making arrangements for hold ing joint assembly for electing United States Senator, in accordance with the laws of Congress, reported that the committee asked to be discharged from the further consideration of the same, but suggested rules to be submitted to the Senate for their government. The suggestion was concurred in. Mr. Wilson moved that a message be sent so the house signifying the action of the Senate. Adopted. Mr. Cowles, from the committee to whom was referred that part of the Gov ernor's message covering an inquiry of Colonel Bamford, chief assistant commis sioner of the freedmen's bureau in this State, as to tho ability of our State to sup ply all her needy people, who ought to re ceive charitable assistance in the wav of food, reported that the committee had" had the same under consideration and submit ted the following : That in many of the counties of the State, owing to propitious seasons, the crops of wheat and corn were very short, and in these portions of the State, where the crops were deficient, other marketa bles'were not made at all; or only to a small extent, whereby there is extreme scarcity of money, so that the inhabitants are un able to purchase the needful supplies for their poor whites and blacks. We therefore deem it expedient to ac cept the proposal of assistance and to avail of, and carry the same into effect as early as possible, and recommend the following resolutions for adoption : . - ? Eesolved, That the Governor be instructed, in ordar to ascertain the extent of the destitution in the several counties of the State, to open a cor respondence with the chairmen of the warden courts of their respective counties, and report the result of such inquiry to the chief assistant com missioner of the freedmen's bureau in the State. Iiesolxed, further, That the Governor be author ized to do all other acts necessary to carry out the objects contemplated and to draw on the public treasurer for any expenses necessarily incurred in the execution of this duty. Mr. Wilson moved that the business of the Senate be suspended for ten minutes, in order to allow the speaker a short inter mission of duty, before going into the election of U. S. Senator. Adopted. A message was received from the House in relation to joint assembly. Several resolutions were introduced, granting private claims of no public impor tance, and referred to their appropriate committees. A message was then sent to the house, signifying the readiness of the Senate to go into election for U. S. Senator. The House informed the Senate of its readiness to receive the Senate. The Sen ate then proceeded to the House, and en tered into joint ballot for U. S. Senator For particulars see House proceedings. the Senate than retired to its own chamber after the fourth ballot, which re sulted in the election of Judge M. E. Manly as U. S. Senator, A message was received from tho House asking its concurrence in adjourning over to Friday, which being adopted, the Senate then adjourned over to Friday, 11 o'clock, A. .M. HOUSE OF COMMONS. Wednesday, Nov. 28th, 18GG. The House was called to order at eleven o'clock, A. M. Prayer by the Rev. Dr. Skinner of the Baptist church. The journal of yesterday was read and approved. REPORTS OF COMMITTEES. Mr. McKoy, from the committee on the Judiciary, reported back, unfavorably, res olutions heretofore referred, relative to the expediency of reporting a Mechanic's Lien Law : a bill for the relief of insolvent debt ors ; a bill to provide that property sold under execution shall brinsx a fair value in United States currency, and a bill to en large the jurisdiction of Justices of the Peace. RESOLUTIONS. By Mr. Durham, a resolution instructing the committee on the Judiciary to inquire into the expediency and necessity of reform ing the judicial system of the State. Re jected. By Mr. Holderby ; a resolution that the same committee inquire as to the expedi ency and propriety of enacting a State Bankrupt Law. Rejected. BILLS INTRODUCED. By Mr. Waugh, a bill to provide for in cluding the value of stamps in the taxa tion of costs. By Mr. Perry, of Carteret, a bill to amend the charter of the Oceanic Hook and Lad der Company of the town of Beaufort. By Mr. McClanimy, a bill to amend an act, entitled "an act to establish Work Houses or Houses of Correction in the sev eral counties of the State. By Mr. Latham, of Craven, a bill to abol ish imprisonment for debt. A message was received from the Senate proposing joint rules to regulate the elec tion of United States Senator in joint Con vention to-day. Message concurred in. JOINT ASSEMBLY ELECTION OF UNITED STATES SENATOR. At li o'clock M., pursuant to joint order, the Senate and its officers arrived in the Hall and were assigned seats to the right of the Speakers. The Speaker of the Senate presiding, announced the object for which the Houses were met in joint Convention, and ordered that the journals of the two Houses be read in relation to the proceed ings had on yesterday in the balloting for Senator. The Speaker of the Senate then appoint ed a joint committee, to examine the Jour nals find report t'.e aggregate result. Mr. Harris, of Rutherford, for this com mittee, subsequently reported as follows: "House vote whole number 110, of which Mr. W. N. H. Smith received 05 a majority of the votes cast. " In the Senate, no person received a majority of the whole number of votes cast." The roll of the Senate was next called, and then that of the House. FIRST BALLOT SENATE VOTE. Manly, 15; Smith, 12; Pool, 9; Ashe, 8; Wright, 1; Gilmer, 1. HOUSE VOTE. Manly, 34; Smith, 37; Pool, 31; Ashe, 8. The committee that superintended the election, reported the joint vote as follows: Whole vote cast 159. Necessary to a choice 80. Mr. Smith received 50, Mr. Manly -19, Mr. Pool 42, Mr. Ashe 10, Mr. Wright 1, Mr. Gilmer 1. No election. SECOND BALLOT SENATE VOTE. Manly, 20; Smith, 15; Pool, 9; Ashe, 1. HOUSE VOTE. Manly, 39; Smith, 42; Pool, 33. The report of the committee on this bal lot is as follows: Whole number of votes c.-.st 159. Neces sary to a choice, NO. Mr. Manly received 60 votes, Mr. Smith 50, Mr. Pool 42, Mr. Ashe 1. No election. THIRD BALLOT SENATE VoTE. Manly, 20; Pool, 10; Smith, 11. HOUSE VOTE. Manly, 13; Smith, 3; Pool, 2; Lussi ter, 1. The committee's report on this ballot was as follows: Whole number of votes cast, lo9. Necessary to a choice, 80. Mr. Manly received 09, Mr. Smith 18, Mr. Pool 41, Mr. R. W. Lassiter 1. FOURTH BALLOT SENATE VOTE. Tor Jlr. Manly Meyers. Adams, Averv, liatMc, Barnes, Berry, Brown, Clark, Covington, CunninK ham, Edwards, Ktheridfjc, Ferebee, Hall, Harris, of Franklin, Johnston, Kelly, Koonce, Iove, Iovd, Marshall McCorkle, McLean, Mcliae, Moore, l'liy chal, Thompson, Thornton, VViins, Williams and Wilson 130. For Mr. Smith Messrs. Speaker, JliJJ, Perkins, Bobins and Willey 6. For Mr. Fool Messrs. Bullock, Cowles, Gash, Harris, of Rutherford, Joiit'H, Matthews, Kespasfj, Richardson and Sncad 9. HOUSE VOTE. ioara, oarns, Uranberry, Henderson, Hodnett, iioicieroy. Hutchison, Jones, Jndkins, Kenan, nencu I, .Latbain, ot Craven, Lee, Long, Lutter- Mc- tton. Richard son, Scott, Simpson, Smith, of Duplin, Stone, Sud- uerin, a run, l unibulJ, W augb, W estmoreland, Whitfield, Whitley, Williams, of Martin, Williams, of Pitt, aud Woodard Gl. For Mr. Tool Messrs. Ashworth, Beasley, Blythe, Bright, Bryson, Careou, Freeman, Gallo way, GanibrilL Garrett. Godwin, Hinnant, Hor ton, of Watauga, Horton, of Wilkes, Jenkins, of Gaston, Jenkins, of Granville, Jordan, Lyon, Moore, of Chatham, Morton, Moirisctt, Perry, of Wake, Rogers, Ronntree, Rush, Scoggins, Teague, vesian, mison, oi orsytn, Wuiianns cf Yancey, Wornble and York ii'2. For Mr. Smith Measrjj. Black, Crawford, of Macon, Davidson, Gorham, Guess. Harding, Harper, Houston, Kelsey, Latham, of Washington, Lowe, May, McArthur, ilorehead, Rosebro, Shel toD, Smith, of Guilford, Stevenson, Umstead, Walker, tnd Williams, of Harnett 21 5Ir. Logan voted for Mr. Thomas 1. The committee's report on this ballot was as follows: Whole number of votes cast, 100. Necessary to a choice, 81. Mr. Man ly received 91, Mr. Smith 27, Mr. Pool 41. Mr. Manly elected. The result having been announced, the ; Senate retired to their chamber, On mo rorMr. Manly Mchsss. Speaker, Allen, Autry Baker, Bardon, Boyd, Bowe, Bradsher, Brown", Chadwick, Clark, Clements, Cowan, Crawford, of Rowan, Daran, Daniel. Davis. Durham. Kveratt. ion, juarun, Mcuiaiumy, McGougan, McKoy, Rac, Jllooro, of Hertford, Murrill, Neal, 1'a Ueebles, Ferry, of Carteret. Bernhardt. tion of Mr. Waugh, a message -w as sent to the Senate, prososing that when tho two Houses adjourn to-day, they adjourn to meet at 11 o'clnck, A. M., on Friday. The Senate by message announced con currence, and the House adjourned. Synopsis of the Report of the Sctrelary of the Treasury of the United States. by telegbafh. Washington, D. C, Nov. 29. The forthcoming report of the Secretary of the Treasury on the national finances has been com pleted and printed for distribution to tho country on the day of its presentation to Congress. The news which it will present will not bo new so far as a line of financial policy will bo laid down, yet tne resume or racta and ugures win niiow the na tional financial situation to be in a much moro flattering condition than at the opening of tho first session of tho thirty-ninth Congress, or at the close of the fiscal year, June ad, 1805 The coming report will how that tho fiscal year ending June 30th, ISOG, was one of great prosperity. Tho ba!aneo in the treasury on that day stood as full caeh on June 30th, 1865, $858,309 15 ; cash on hand hand June 30th, 1SGG, $130,009,815 19 net gain 12J, 811,500 04. The gold on hand was not estimated at a currency value, or elso the balance would have exceeded by $ 15,000,00t tho receipts and ex penditures for tho years lSG5-'G'i. The lineal j c:ir ending June 30th, 186G, are as follows receipts from customs in gold $179.04G,G30 64 ; from pub lic bonds $665,031 03; from direct tax id 971,754 VI; from internal revenue $309,2(!,812 81 ; lui.-cela-neous sources $G3,125,9GG 4G. Total ireiipts fr ai all sources $556,039,195 0G. This revenue it is Lc lieved exceeds in amount that of any other nation on the globe for tho same period. "The ocm!i tures, civil, foreign and missclanou, were $11, 049,965 96 ; pensions and Indians $1(!,25S,300 11 ; war $284,449,101 82 ; navy $43,519,032 21 ; interest est $133,074,737 27. Total $518,317,337 70; Total receipts $556,039,193 00. Total expenditure! $518,347,337 70. Excess of receipts 5?37,G91,857 86. This excess of receipts all occurred during tho last few months of the liscal year, and is not a fair criterion of the ability of tho Govern ment to liquidato its debt; for instance, the war expenses for tho quarter ending SoplcinLer 30th, l?o5, were $165,000,000, but during tho quarter ending June 30th, 1855, they were but $12,000 000. Tho balance in tho Treasury on uuno 30th, 1SG5, was but $8.5S3,09l 56. Tho year ending Decem ber 13ih, 18C5, showed a deficiency in tho Trcnfcurv of $619,000,000, but six month from the time, Juno 30th, 1866, there was an excess of rec-ipts over expenditureh of nearly $37,000,000. The estimates of tho War Department for expenditures for thj coming liscal Year would bo nearly 240.C.'! .00o less than 1866, were it not for the liquliziug Huu:i ty bill, passed at tho last sesaioii. liut the rc ve nue from all sources for the next fiscal year h es timated by the Secretary in thu neighborhood of $600,000,000; the expenditures for tho next fiscal year is estimated within S35;00;t,(K!0, including tin interest on the matured debt, and a fair sum over for a sinking fund. The .Secretary's report will td sostJite, that under tho Jaw of Congress, the Trea sury has withdrawn from circulation during tho past six months, tho amount of ton millions of dollars of paper money. Tlie total amount of L . 8. legal tender notes in circulation it, therefore, $386,000,010. Tho most important and gratifying fact of the report will be in tho reduction of" tho public debt. It will be shown that the pubiit debt has been reduced during the past twelve months nearly two hundred millions of dollars The ac tual figures of the reduction are 1,936,377 21. Seven millions of compound interest notes, legal tender, for their face, have been cancelled and the temporary loans reduced nino millions of doihrs. The full amount of currency authorized for Na tional Banks has betn issuo.l, which, with tho U. g. notes, give a circulating medium of neuily $70,000,000, not including tho fractim al cur rency. On the first f last November tho total amount, including tho fractional currency, a mounted to $934,218,038 20 ; and 95,000,0 JO of au thorized National Dank notes remained unissued. rIho Secretary of tho Treasury will not present in thid report what may be called strictly a new plan for returning to specie payments. Ho has changed none of the views which aro maintained in his last report, and which were enunciated in the Fort Wayno speech. Ho believes that the Secretary of tho Treasury should have power to control the currency to the extent of being authorized at his discretion to sell bom 1m bearing interest not exceeding six per cent , and redeemable and payable at sueh periods u mav bo conducive to the interests of tho government, for tho purpose of retiring all the United States notes. He will ask Congress to authorize a long live per cent, bond to ba exempt from taxation, in which to fund the obligations that are to mature. He will lay great stress on the question of urging Congress to adopt at an early diy a tix"d po iey of contraction, which, when adopted, will cause the business of tho country to gravitate to it, so that sphere payments may Im rea'j'.u'd without great diminution in tho Dev. nue.s. In case of a financial panic lie doc i.ot propose to state any cicrtinate time for the resump tion of specie payments, 'nut believes with a prop er system, it can be attained. 'With a statement of over two hundred millions of United States notes, it will be shown by tho figures above give u by tho Secretary that the Government hi on tlie high road of prosperity, in reducing the National dobt, and the Treasury will cling to tho simpic and cr.isting policv of liquidating the debt by keeping the Naticnal Revenue above tho National expen ditures. To this end a draft of a bill prepared by Mr. Mill, the Special llevenue Commissioner, wi.l bo submitted with the report at some future day. proposing an equalization in internal taxation and a modification of the existing tariff. Important reference will also be made to tho raw cotton tax of 3 cents per pound, imposed last session, l.i 1S67 and 1868, $S30,000,(K!() of seven-thirty notes are all due. A largo amoui.t of tho 1st norifri aro now being funded in five-twe uty bonds. Improve ments in tho National banking system wiil Le sug gested and urped. A New Gunpowdeb. A blacksmith, liv ing near Lei'isic, has invented a new gun powder, which, according to several exper iments that have been made, has been found to pooscss tho valuable property of not exploding so long as the? air has access to it. Other advantages are also claimed for this powder that it acts with greater force thiin ordinary gunpowder when in tin air tight enclosure ; leaves less residuum ; and produces less and moro evanescent smoke. In various mining operations in which it has been employed the .smoke, emitted is saiel not to have had any injuri ous influence on the health of the miners. The inventor, who claims that his powder can be manufactured cheaper than ordina ry gunpowder, is trying to sell hi.T patent to the French Government. A Pkesext fob Mi;s. Davis. A Norfolk paper oi last Saturday, says that a (-.a Inscrip tion list was circuliled yesterday in tlie Methodi.st conference for tho puipo -e id' raising funds to present Mrs. .Toli'r.r.suii Da vis with a testimonial of affection. (Jnitc a largo amount was contributed by th mem bers present. V'o umleivtaml, indirectly, that a portion of the proceeds will be ap propriated to the purchasing of necessary and comfortable furniture for tho quarters assigned to President Davis m Carroll Hall tit Old Point. Cott.n- Manciactciii; in- Tcx.n i:?.-ii:t;. Tho Niiihville Gazette gives an oncouraing picture of tho founding and success of the cott-m tacloiii s cf Tennessee, which it tabulates as fallow : Number of Mills Number of spindle iu n.so .11.1 i n Numbe r of operatives employed 5l:i N'umbcr of persons deriving" support l,Co Aggregate gro-s value of annual manu factures Cl. (!.,). ISIlil Amount of capital in'.ested :;73,5i)0 It states that a general agency it to be eWali lished at Nai-hville, through which sales are to be made and prices legulatcd. The Drookhaven, Mississippi, Journal, of tho lGth, records the assassination of Mr. Joel Norton, while on the gallery of his home, gettinga drink of water, in the night. The perpetrator and cause is unknown, as the victim had no known enemies. Ill- little nephew, lying asleep in an adjoining room was also instantly killed by the same bullet. This is the second of such assassi nations in that locality. On Tuesday, a frightful locomo.'ive boil ea explosion took place on the Atlantic and Great Western lload, at Newburg, Ohio, killing Fred, Gardener, tho engineer, and James T. Green, the ii reman. Tho con ductor of the train, Thomas Hoard man, was struck by a pieco of the engine, and his k g broken. Tho Paris Physicians report many serious cases of disease causeel by steady work with sewing machines, and in other cities the at tention of Physicians has been called to the unhealthiness of this employment. A crinoline manufacturer in Saxony has made during the last ten years no less than 8GM,783,C00 hoop skirt springs, or enough to go arountl tho Avorld thirteen times and a half. There are 14,000 British regulars iu Can-ado,
Wilmington Journal [1844-1895] (Wilmington, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Dec. 6, 1866, edition 1
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