i ill F
MNM, B. PELL, Slate Printer.
RATE OF ADVERTISKU.;
TERMS OF (7BSCRIPTIO.V.
1 U k
Ik alrcalatioa of tha 8sitiil makas it ons of
tht aioit deairabU atadiuat f a4vrtuUa la tha
AdvartlMaraU, teapyiag tbs ipso of I liaa sf
nialoB typa ar Im, which wa sail a qaira, w ekarf
as follosrs for iaMrtloa la tk wsskly :
Tor aaalassTtioar tl
For two iBiwtiaa i a
For oo sioath, 1 09
The Winil tam I pablUbed svery at cad?
Stai-.WiHLT ea tUtarday Bad Wdonlr
- v - - - ;tmti
l WOULD MATHER RB KlCllr THIN RE PBRIII?.1I r".. Heart Clay.
For to moat hi, i nn
For tix moaths, I '
For un year, ,a mi
JOB WOKK isai4 with n.su . i .r
RALEIGH, SATURDAY, FEBRUARY ltf. 18G7.
QI7 m T
1 u i 1
Wily, year, la advaaea. It tl
jMsl-wtaaij, , ta aaaas, ot
maii-WMkljr, U (Mats la a?n, I M
Pally, jrsar, ' lit
Daily, sis snathi, DO
Daily, three ssoatas.
Dally BMth, IH
JTORTH CAROLINA eQIBLATUEE.
Tbcmdat Mobniho, Feb. 14.
The Senate was called to order at 10 o'clock.
Prayer by the Rer. Mr. Hudson, of the Meth
HKTOBTS Or COMM1TTKK.
Mr. Wilaon, trora the comniittee on the Judi
ciary, a bill to amend an act for the relief of
landlords, reported adTersely.
Mr. Uaah, ironi the Committee on Claima, a
resolution In favor of Edmond Bradford, Re
ported adTersely. ,
Mr. Johnson, from the coinniittt on Corpor
ation, a bill to incorporate Charlotte Water
Worki Company ; recommend ita pawnee.
Mr. Wiggins, from the committee on Finance,
a bill authoriiing tha Comptroller to employ a
clerk. Recommend ita passage.
Mr. Moor, from tlx committee on Corpora
tion, a bill to incorporate the North Carolina
Dental Aaaociation, proHaed an amendment
and recommend ita passage. Also a bill to in
corporate the North Carolina Land Emigration
aid Company, proposes sundry amendmonU
antFrecommend It passage.
Mr. Pa ball a bill to consolidate the Chat
ham Rail Road & Wealern Kail Road Compa
niea. Referred to tha committee on Internal
Mr. Hall, a bill to aecuie advances lor agricul
tural purpose, referred to the Committee on the
On motion ol Mr. Cardwell, I lie vote by which
the bill to establish the County of Pitmliro was
rejected on yesterday, was re-considered.
The question recurring on the passage of (he
ibill on it second reading, the ayes and nays
were called anil the rote stood avi s '.'II. nays 20.
The Speaker voting in the negative, the bill was
A mcasage was received Iroin the House trans
mining additional name .r Justice, of the
Peace of the County ol Stanly. On motiou of
Mr. Maraball, they were laid on the table.
A message waa received from the House trans j
mitting a memorial from the Ladies' Memorial
Association of the city of Raleigh, askiug aid to
complete the Cctuetciy near this place, w ith a
resolution providing for the payment of fl,.ilhj
l,r taid purjMMM.
On motion of Mr. Cunningham, the rulea were
uspended and the resolution passed its several
rMMMsHKn in -mrs.
Bill authorizing the issue ! Treasury notea
to pay the interest on tl.e State debt, was taktn
Mr. Berry stated that be desired to say a word
or two in reply to the Senator from Pasquo
tank. He must express bis surprise that the
(senator should approve the bill under consider
ation, inasmuch as he had het-n a atrong advo
cate for all relief measures, even to the suspen
sion of the Courts. The bill under considera
tion), Mf, Berry beliered would afford more sub
stantial relief liy (restoring public confidence, ;
than any bill which has bceu before the (General
Assembly, toe sUy-lsw not excepteil llut, lie
aaid, the Senator makes a violentaltatk on the
Mil, and sv it is not even tbc ghost of the
original bill. 1 thin declaration sustained by
facta ( Ho defied the Senator to uint out one
Important section in the bill that has lieen
changed. One section ha been annexed pro
viding for a tax to meet the bills at maturity.
Thia amendment give credit to the bill, and he
gate notice when tlie bill w as considered before,
lo the Finance Wimite, that he intended to
offer this amend oi ut, and the slight amend
went to the first and fourth aeclions only em
power the Treasurer to pay the bill out to all
persona having audited claims against tit Stubs.
Secondly, ha) charges that the issuing of these
bills increases the debt of the State one and a half
millions of dollars. I this declaration true I
Ho farirom it, the issuing ol these bills is sim
ply to pay 08 existing liabilities, ami will save
. - . . t j. 11 i '. 1
of interest before tlieae bills arc due Agsin.
to tne state a nair minion 01 miliars in me way
Mr. Berry said, be says that the whole taxable
property of the Btate is not over one hundred
million ol dollar. Is this declaration sustained
by fact t The Public. Treasurer, in his official
report, aatiiuatea il at three hundred millions.
Tb Senator baa come in two hundred millions
of tbc amount Quits mistake. Again, be
urges another objection, that these notes will
start at depreciation nf 30 or 80 per. cent,
below gold and silver, II that be true, said Mr.
Berry, these bill will be better than greenback!
10 to IS per cent. Ho we need not have any
fear, if the Senator's position is correct. Again,
ba Tlolently attacks the South Carolina Treas
ury bills, and say they are 20 or 30 per cent,
below pari Has he given you the proof, or is
this another declaration similar to those above.
Mr. Berry said he had given proof that these
bills circulated at par with national currency,
and a an evidence of that fuel, the holders ol
tktM bills have only to go to the Treasury De
partment and receive for them national curren
cy, as provided in so act passed in September,
llWIL Thn Beuator bad attacked the issuing ot
those bills on the ground that the Convention
repudiated Treasury notes issued during the war.
But this was done to comply with orders issued
fronvW aahington, and it was done under com
pulsion. ; bnt do you suppose any such require
ment will now be made hy the government ?
Certainly not. And you cannot presume that
your old mother, w hose character for integrity
and honesty, standing aliv atupleon, will so
far degrade herself Mr. Bern continued. Air.
Speaker, I think I have demonstrated that the
declarations made by the Senator from Pasquo
tank are not sustained by the facts in the case.
Other States have avWd their credit by issuing
billsof credit, why cannot Noitb Carolina i -The
Rlaleiif Maryland wan precisely iu the same
predicament of Norlli Carolina She owed fif
teen millions of dollars, and her State bonds
were down to 40 cents in the dollar. She passed
ankct authorizing the issue ol bills ot credit.
Her bonds soon rose to par, and why should not
he same policy produce the same effect in North
' -!-Mri-Spd replied al atua knimih, but his re
marks would so extend our report, we are ob
liged to defer tbsin until to-worrow.
The question recurring on the passage of the
bill on its second reading , the jeaa and naya
were called and (he bill was rejected by a vote
of 87 to IS.
Leave of absence waa granted Messrs. Speaker
and Hall for several day.
A message wa received from the House pro-
)oing to increase the committee on Federal
(elation to five on the part of the House. Not
Vlr. Cow lea im 10. bleed a resolution providing
that the Senate and House meet in joint Con
vention on to morrow at 12 o'clock to consider
the affair ol the I'nioti, On motion of Mr.
Hall, it waa ameuded by iuaertia-g Wednesday
next. On motion ot air. U-ach, it wo laid on
I he table lor the present.
Dill to raise revenue wa taken up read by
sect lor t, sundry amendment were adopted,
pending ita consideration the Senate adjourned,
on motion ol Mr. Wiggins.
Thi ksdat, Feb. 14.
The House was called to order at 10 o 'clink
Mr. Harper, from the comniittee on Finance,
reported a bill to authorize the consolidation
of the securities of the Statp, held by the Lite
rary Board, and for other purpose. Passed
Bv Mr. W ilson, of Forsyth, a resolution in
favor of Mary M. Transom.
Hy Mr. Jenkins, of Ga"tn, a resolution in
favor ol J. L. Withers and .fames H. White.
Ry Mr. Lowe, a resolution instructing the
committee on adjournment 10 report on or l e
forp the 1.1th irn.1 Adopted.
By Mr. Fo:rd. 1 l.itl to amend the charter of i
Olin High School. j
Hv Mr. Morton, of -Watauga, a bill to provide
for keeping up 11 public road neir Sinpoii j
!v Mr Itus. a resolution that ibe Judiciary
CiiiuinitU-c empire and report as to the com
enst inn that should lf allowed the Attorney ;
(Jeneral for investigating the affairs of tlie Cape
Fear Navigation Company. Adopted
A bill to regulate taxation by the County ;
Courts, passed second and third readings under
a suspension of the rubs. j
A resolution relative tn weights and measures,
paHscd second and third readings. j
Bills, to amend the charter of the Oreenville j
and French Broad Railroad Company; to ap- '
point a tax collector for the county ol Martin; j
to abolish imprisonment for debt, and to pro
ect Executors and Administrators were laid on
the table on second readings.
A bill to enable the Western Railroad Com- 1
panv to extend its
line across the N
road to the Yireinia iine near Mt Airv.
Mr. Waugh aiblressed the House in support
ol the bill
The bill then passed its second reading.
i vl MAlt HKseuKii
A bill to uiye ll'inconiU- Superior Court, ex
cliis'ie jurisdiction ol Buncombe Turnpike
Road, was dii nsscd and laid on the table. A
bill to aim ml the charter of the town of Hen
dersonville, was uuienibsl, and then passed 'Jnd
ami Itnl reBdjn:;.
sen I il. litMt mi. 'I
A bill to establish a l'. nilcutiarv, on second
Mr llut. Ins IV r. d a substitute for the bill.
This siibstiniti 'differs from the original bill
iu that it pioiides for raising (iio.IKH) annually
by taxing spiriiiinus liipiors foreign and domes
tic, .brk-. pi-b.ls. bow ie knives, playing cards
and oihci In in if liie ninoiii t s.i raised to lie
applopriste.4 b tin-"erection ol Penitentiaiy
buildings. Il aU provides lor the appointment
ol three commissioners In visit Northern prisons
with a view to ascertaining the fast mode for
constructing the Penitentiary.
Mr. McKay, moved to substitute lor the bill
and sulauitute, a bill on the calendar, aulhnri
lazing Ibe courts to sentence criminals to work
on the public reads.
Mr. D.irgan opposed the bill. He deemed the
Penitentiary system impolitic, and adverted to
to the ill w orking ol IhV system in the South
ern States, when.' few coni' ts were mechanics.
He was opposed b it ntso' because of the im
povi risbinl condition of the people. He moved
an indefinite postponement ol the bill.
Messrs. Uodnett un.HJmss fivored ll.e eslab
lisbmcnt of a Penitentiary and onposed the
motion to postpo.ii- indefinitely.
Messrs. Freeman, Ivelsey and Bowe fivort-d
submitting the question of Penitentiary or no
Penitentiary to a vote ol the people.
Mr. Allen opposed the bill, and favored
the substitute proposed by Mr. McKay.
Mr. Long said, substantially, that without
discussing. Tie should, if the question came to a
direct vote, support the bill in deference to the
wishes of his constituents.
Mr. Hutchison addressed the House at length
in support of the bill arguing tlie net-easily of
a Penitentiary under the changed condition of
public affairs,' ri suiting f rom the w ar, the eman
cipation Id slaves, Ac tin ib fended tile, sv
tt-n'i as the best that could be devised for the
punishment and prevent i in of crime He sta
ted that a I Vnitentiai y adequate to the impn
on inert i.l 1000 criminals cmild In: built at the
co-t of fi;o,oon
Mr. D.irgan teplieil, asintiiig tluvt the Pcni
tentianes in Tennessee' and Ucoigia had Ix-en
bur'hensoUH' in tin- jn-ople of ibo-eStstes. He
a as opposed to this m. asiire for the further rea
son tnal it would l.rinj the products of convict
lalsir into competition with liou.-st mechanics.
Mr. Durham tlioiihl the House should post
pone action, until the Pciiilentiary.bill, pending
iu the Senate, has U en acted on. lie moved
InWelVire lliaf flic lull be laid on the tabi--.
This motion prevailed.
Ykas -Missis. Allen, A-hw'-rth, Autrj, llai
den. Black, ltlylbe, ll.ove, Hiild-hir. Brown,
Brysoii, t arson, Clement, Collins, Cialord, of
Macon, Itargan, Durham, Freeman, UallOway,
Uambril, Oorlnun, liraubeiry, Harding, Hi nder
Ilol l. rl.v lloi ton. ot AN likes.. Jenkins, of
i.H i,tusm, w visuu. i-joii i.iiiio"i, " :
i McArthur, alcKay, MclUe, Moore, ol Chatham,
I Moreiiead, Morton, Jlurrill,. Petrj, of Carteret I
Richardson, Rogers, Kuan, Scoggiu, Biielum,
Simpson, Stone, tiud.lortb, Trull, Turnbull, Ves
tal, Walker, Waugb, Whittiehl, Wliillev. Wilson
of Perquimans, Wi'liams, of Harnett, Williams,
of Martin, Womble, and York 58,
Nats. Messrs. Blair, Ch ad wick. Con an.
Crawford, of Rowan, Daniel, David hi, Foard,
Garrett, Gsnis, Godwin, Guess, Harper, Henry.
Hinnant, Uodnett, Morton, ol Walaiiga, Hou's
ton, Hutcliiso.1, Jones, Jordan, Kclscy, Kenan.
Kendall, Lee, Long, Lowe, Martin, McClammy.
McGougao, McNnir, Moore, of Jb ttlonl, Neal,
Patton, Perry, of Wake, Kcinhardt. Hosehro,
Scott, Smitli, of Duplin, Smith, ol Guilford,
flterauaon, Teague, Inisle,), Viretutnreland.
Wilaon, of Fotajth, W illia ins, ol Yancey, and
Mr. Russ pn seiilr d a liemoi iul ai comp niii l
,T a resolution in favor ol the Ladle Meniori i'
Association of Wake ounty, i upprpriat mi;
1.100, to aid said As-o4-i ii ion ui improviii
their cemetery fur the burial ol Conleilerale o
diers near this inn.
On presenting the resolution, Mr. Itus said :
Mr. Speaker : 1 have had the honor to present
the memorial from the patriotic ladies ot this city,
and leel confident that the resolution will meet
with no opposition upon this floor. I feel, fir,
that justice to the living, us well as to the dead.
demand at our liani.s the small pittance a-knl. I
I should feel unworthy to represent such con-
stiuents, were I to withold tin cordial approval j
and sanction ot the ol-jccts and uims of this i
association. By voting for the resolutions, '
gentlemen, you will Is? cheered by the smile.
honored by the blessings, and invigorated I v
the prayer- of those fair ami elberinl visitor,
who hav-! honored it by their pn senre, and !
when you leave hers and return to your home, j
and the Ihisohis of your tamiliis, mu will hear
the plaudit, "Well lone limn f.o el mid faith- ,
till M-rvant." It will cln-ei aiid iioike giad the
hearts ol your mother'- ami Mtr. to know r
that you have thus contributed, iu all time, to j
preserve and deaiirn-ite tin- I. mi rc-ifing place ol I
those that were m-nr and dear to them.
1 then forti ask,. Mr. SpeakiT, lor tlie siispen i
sion of the rules tl.at lie- resoiuti.oi ui.iv be put I
upon its several readings. I
Mr. Dargau also addressed the House in sup
port of the resolution. ,
The rules were iisM'nded and the resiilution
Mr. McKay introduced a resoliiiion asking an i
early reiort from the comiiiitti-e on Fedeial !
Relations. Laid on the table on mot i, mi ol i
Mr. McNair. )
Sundry private engrossed bills ot incorpora I
lion, had tlicfr first reading and tlie House t'len
Frihav. Feb. I V
The Senate was called to order at 10 o'clock.
Mr. Wilson in the chair.
Mr. McCorkle presented a petition Iroin .1. II.
White, of (iaston county, with a resolution or
the relief of the same, relerred lo the committee
. HKPOKTS OK COMMITTERS.
Mr. Wiggins, from the committee on Inter
; nal Improvements, a bill to amend the charter
of the Haleigh and Gaston Railroad Company,
i recommending its passage.
Mr. K ounce, from the committee on Internal
Improvements, bill authorizing the President
,' of the Western Hailroad Company to put said
road under contract, reported favorably.
Mr. McCorkle, from the committee on the
, Judiciary, bill authorizing Exttutius and Ad
ministrators of insolvent estates tosittle the
1 ame ym rata, reported adversely.
Mr. Johnston, Iroin the committee mi Corpn
! rations, a bill to incorporate the Wnrtesmro
saving institution, reported favotably.
Mr. Love, from the committee on Internal
' Improvement, a bill to ainemf tbc chaitcr ot
j the Plaster Bauk and Salt Work Hailroad
j Company, reporte-d favorably.
j Mr. Wiggius, a bill troui the committee on
I Finance, as a substitute for the original bill
for the relief of the estate of the late Jen. I.
j O'B. Branch.
Mr. Gash, a bill to encourage the sale of Slate
' bonds and for other pnrposi-s, relerred to the
! committee on. Finance.
i Mr. Ieach, a bill to establish a Board ot He
i gents for, the I'niTenitty r.ad the male (Colleges
of the State, referred to the comniittee on Ed
I ucation. Mr. Leach aaid he had been requested
i to introduce the bill by a diatingtiiaheil gentlc
I man, the President of Trinity College, that had
I finally gained high distinction and was now in
i a properous condition. That gentleman nil
; the author ol the bill, the verbiage of which.
I bad been slightly i hani'eil in a few particulars, j
I The opinion of the President of Trinity was (
i entitled to great weight on all subject per- j
taining to Education.
Mr. Jones, a bill to amend 1 lth section, chap- I
' tcr 31st of the Revised Code, referred to the
committee mi the Judiciary. ;
1 A message was risn-ived from the House pro- t
posing to hold evening sessions from and after 1
' Monday next, concurred in.
! pn motion ol Mr Avery, the eci:il niderfor '
bwiight at 8 ii'chu li rt winth-d. to wit ' a 1
j lull to change the judicial system ot the State. I
A message was received from the House, pro- '
posing a Joint Committee oii Federal Belations.
1 Not agreed to.
i On motion of Mr Wiggins, the rules were 1
suspended, and tin engrossed it-solution from 1
the House concerning mileage, w as taken up and
pasted it several ii adinys. .
On moiion of Mr. Oasli, tint ruh were su
-nded. and the bill to const rucl h I'Vnitentiarv ,
w as takeu up and made (he special order lor
Monday night, nt 8 o'clock.
I NKINIsllFII HI'SIM:Ss.
The bill to laise revenue w.i, taken up an-1
read by sections, sundry aiKeiidiin nt wcreadop
tid, and the bill pa-s d its second reading. On
motion of Mr Wiggins, ii w as made tbc special
order for Misnday at 1'Jo'ilock
On moiion of Mr. Adams, the rub s were sit.'
pelldcd. and the bill to amend the Constitution
ot the State was taken up and made the special
order lor r einimuav hci.
ch, mofiiUii of lit.' AViggiris; 'the SitMitT -
journed tratil to-morrow 10-o'clock.
. HOUSE OF COMMONS.
Fbiday, Feb. l.".
The House was called to order at 10 o'clock,
Mr. Kenan, from the .Judiciary Comniittee,
reported back, favorably, a bill to amend an
act to repulate Salaries and Fees, and a bill to
repeal an act establishing a Boar I ot Commis
sioners of Navigation for tin Port of ( l.-racoke,
Ac. ; unfavorably, a bill to empower the Superi
or Court Judges to hold S ecial term-.
Mr. Waugb. from the Committee on adjourn
ment, reported a joint resolution to hold Kicking
Scaaloiis. from and after Monday rii xt, nklngtif
Mr Wilson, of Pi ruimoiis, moved to amend
the resolution, by substituting alter noon sessions
lor evening scssion-t
'I'll IK ami ndini-nt a as rejected, and the reaolu
tion n hs adopted.
Mr. Moore, ot Hertford, offered the following
resiilution, which was adopted :
Wiiekkas, His Kxcelleniv. the (iovenior
in die discharge -l his .-Hi. id duties did
commissi,,!, ,,, n j ,, t,,
ingtou City, min. inline"
position, to confer witlith
islativc department ! lie
on inatti rs and tbinv- ton
hoini. - :ii Wash
t I j- iii'i lligi nee and
r.X'cet'vc n I I.i-if-Federal
( iovcriiintnl ,
K'liinn' the future well
w here a, this (icnei a
being of i It r IX ol.li . on I.
Assembly ma- becilVi! on to pass upon prop
osition!! roncn, ted and mnfnrerl by the friends
o! order and con! imti'iii.'il liberty there; and
wherea. a majoritv of thee commissioners are
now in Ii.ilt-ii.il. ready and willing, doubtleii t
com in mi it ji- to the members of the Legislature
the n-siilt ,,f their ob-ervatiotis in the Federal
Tiurt r'i" . ,','., I'hat a message lie sent to
the Senate, pi
posing to hold a joint Convention
of the itvo lions--, on Monday next, at 12
o'clock, in the Hall ol the Commons, and that
Mcrs. I'.n.Mii, le-vden, I Iiiiich andLeach.be
rnpiested to meet the ( ouw-ntion, and make (
such n vi bit ioes as will enable the members of j
this tieneral Assembly to enter upon the inipor
tant subject ot federal relations, understanding- I
ly." ' - I
By Mr. Long, a Ikill t.i facilitate the settle- !
men of estates.
By Mr. Freeman, a bill to extend the regular
terms of Oranville- Countv Court. i
I'y Mr. I .it 1 1 1 ii rii . of Craven, a bill to establish
n in " i oiiiiiv oi iiiiiiiiio. 1 1 lopoaen in
. i i - i ' . . rv, i
t ibli-li a new county out of parts of Craven and
l c ri i:. .
Mr. J.:ii li.'itn moved a suspension of the rules.
Mr brli. un opposed this motion, and moved
t'iat it lie on the table. Nut agreed to.
The rules were suspended.
Messrs. Latham, of Craven, and Durham
urged the pawnee of the bill.
Messrs. (iorliam. (Tirdwick, McNair and
Morebeail opposed its passage. .
Motions to refer the bill to the Committee on
Propositions and Grievances, and to postpone it
indefinitely, were discussed and rejected.
The bill passed ita second, and then its third
reading as follows :
I Yrah Messrs. Allen, Autry, Harden, Black,
I Blythe, Bowe. Bradsher, CoIlins.Crawford, of M,
! Davidson, Durham. Foard, Freeman, Galloway,
I Gamhril, Garris, Godwin, Harper, Henry, Hin
j nant, Uodnett, Hohlerbv, Hutchison, Jones,
I Kendal', L illmni. of Craven, Lutterloh, May,
I ,'eAiibur, M Clammy. McGmigan, McRae,
j Moore, ill III ri'lord. Morton, Neal, Perry, of
t'urtitet. ;-e,',ii.,oii. 1,'oj-its, Uoschro, Simp
s in. S;. io. Snddcrih. Trull, Turnbull, I" instead,
Walter. VI,i!ti,ld. Whitley. Wilson.ofPerouim-
I ll irnett, Williams, of Yancey,
' nrsoii i
of Kou ;il
b. If., lio
.1. l.ki .s. .
Mon b. -,.l
Mi s-i-s. Ash worth, Brown, Bryson,
i i.livi. k. Clements, Cowan, Crawford,
Davis. Farrow, Garret, Gorbam, Gran
's, Ib iidi rson, Horton, of Watauga,
illu s. Houston, Jenkiua, of Gaston,
I' ' ir-un ille, Jordan, Kelsey. Kenan,
'. I, v. n. McNair. Moore, of Chatham,
. Muirill, Patton, Heinhardt, Russ,
Scott. Shellon. Smith, of Guilford.
Vestal. Waugb, Westmoreland, Wilson,
1 of Forsvthe, York IS.
srK IAI. OHDER.
to authorize the Western Railroad
Companv to extend its line across the N. C.
Railroad to the Virginia line, near Mt. Airy, was
put on its third reading, amended and passed.
Mr. Jenkins, of Gaston, was allowed to re
cord his rote against the Slay Law passeil on
Mr. McRae, by leave, introduced a bill to in
corporate the town of Rockingham.
I ON AI.CNIIAR.
luwlul fence j
I A bill making Roanoke River
. in Martin County. A bill to convert the debt
j due the State from the Atlantic ,t X. C. R. R
Company into capital stock. A bill to amend
j section 12, chapter 52, Revised Code, and a bill
I to incorporate Pythagoras Lodge of Free and
- Accepted Masons, passed third rending.
' Bills to incorporate Black Rock Lodge Ma
i sons; in relation to dormant judgments; to lay
i off and establish the new countv of Vance;
(from portions nf Macon and Chirofee) and a
bill to amend an act authorizing tin- establish
mint ol County Woik Houses, passed second
and third readings, .
A message was r ciivcd from the Senate, re
fnsinti concurrence in Ibe resolution proposing
a joint Convention of the two Houses on Mon
day next : also a incssat'e relu-iiig concurrence
in House amendments to the bill amending the
charier of the town of HeiidersonviJIe. The
House refused to recede Iroin i-s amendment,
srrci w ohhkii' m -.'
A bill to exchange a certain amount of the
stock in the North Carolina llailioad Company,
with tbc Cbi raw and Coal Ki. Ids Railroad
Cnnipuiu . and for oth,-f purposes. i .is put on its
Messrs. McClammy. Kenan, Hutchison and
McNnir opposed the passage of the bill
Mi sts Davis, Foard, I.nnsr and Whittichl
tirgi'd its passage.
Pending action, the House adjourned, Mr
llddcrbv having first entered a motion to n eon
aider the vote by which the bill lo establish the
'tV)uiity - - of Pamlion, passed the House this morn
REMARKS OF MR. SPEED,
Im Tnn Sk.natk on Tut kspat, 14tii inst., on
tiik Bii.i. to tsst e Trkaspry 0TK9 to pat
TIIK l.NTKKEST O.N THF STATK lloSlls.
Mr. Sj,ealer : -1 do not feel at liberty, il so
disposed, to trouble the Senate with any length
ened disquisition upon financial matters, or the
principles which govern trade, credit and kin
dred subjects. 1 gave my reasons on yesterday
why I should not vote tor the bill introduced by
the venerable Senator from Orange. I differ
with the gentleman with great deference. He
is cool, collected, well informed and deeply im
pressed with the difficulties of the situation,
and fortifies his bill with the approbation ot
some of the best informed, sagacious and patri
otic men in the State, men in whom the pub
lic have confidence ; and I oncur with the pub
lic in its high appreciation of them. Nevertheless,
Sir. I am here to act, upon the convictions to
which in v own mind is irresistibly driven bv
' fuels and ciicumstnnces.
) ' be gentleman su j s, I claim to be a Iriend of
relief for the people. The Semite and public
must judge of that matter Iroin my m is. I
know tin (Mople clamor lor nliel. mid 1 desire
I to utlord it ; but Sir. when they cry l-r bicud, I
do not wish to cast them a stone, and I belli vc
tbnt is uli.r. iln v uiil yd in this lull I stated
j on yesterday, that, iu my opinion, these notes, it
issued, woiitil not answer Mie purpose intended,
and gave my n :i.io. I understand it to be a
well settled principle, that a depreciated cur
rency will drive a better one fmui ciiculation.
In the war, bank notes drove specie from circu
lation ; Siatc Treason notes, bank notes and
Conlcdcralc nioiii -i excluded all other species ol
paper. Now. ir. J am wed iatisicd that these
notes w ill start at a di-prei iatiou. They will la;
cnnsidi r. d oi lb l.ssihan I'eib ml currency or
bank notes, and ill diiv e t In in I nun circulation.
We now, according to the best inl'o.uiation I call
get. have only about one and a hall millions ot
currency in this Mate, and that at a deprecia
tion of per cent in gold. But, Sir, the Sen-
ator insists tnat I said that S. C. hasissued bills
receivable, and that tin y. pa-scd at only 'JO per
cent, and as grei nbacks are'JI per cent, they are
better than ihein. Now what I did say was,
that the Secretary of Mate ot South Carolina
said they wcr.- at 1.1 per cent discount on green
backs ; and 1 will inform the Senator that thev
are now Hi per l ent below Federal currency :
, . , - , . . ,-
I nftt the Legislature autboried the issue ol five
I , , , , . .. me
hundred thousand dollars, but the dcureciation
wus so rapid that the officers thought it best to
discontinue the issue, and now, w hen there has
been one hundred and eleven thousand dollars
withdrawn from circulation, there In ing now
only one hundred and eighty-nine thousand dol
lar in circulation, is it reasonable to suppose
that North Carolina cm sustain an issue ol one
and a half millions; The Senator says, Mary
land found herself in debt lillecu millions ; that
her Railroad Companies tailed to piv tbc inter
est, and that she was responsible for the intir
est upon fifteen millions, and had made no itk
viaion to meet if, and that there, us bi le, I'
spectre of Repudiation stalked abroad iu the
land ; and tin n, in this condition, she issued
Treasury notes to meet it. Mini thciebi restored
My uinli-rstandicg ol 1 1 ntioi - I I , - ! cd
is different She issin , I .-.i ,t,. ... ; , ., 1 ,
tereat, made the scrip i.i eiv.ibt.- .. . . i ol
an enormous tax lc vie I i i iiii u p, and
at the same time, levied a gold lax to mei l t In
ordinary expenses ol the government. This,
too, Mr. Speaker, was in times ot piping peace,
when the State of Maryland was prosperous in
her agricultuial. commercial, mechanical anil
manufacturing interests. Sir, when the gen
tlemen talks about general repudiation, J
tel! him tin- cause lies in the action of the gov
ernment. I lo not complain that the people do
not desire any more of your promises to pay,
when you rriii' inl-r that the old barrels, stock
ings, cheat-tills of their lions,- bold your prom
Isestoptiv, which they received in exchnntje
tor their piodui ts, and h hit It ar-- vot h1, --
Circumstances have rendered ill" people unable
to pay. The action of the government, not lln ir
own conduct or the promptings ol their own
will. When a bill i- brought loiu.ud to meet
the Stati-V liabilities, when the pi oj,U- have the
capacity the Senator will (inn me r. nlv as
he, and my peopb as n ad v as I.
strive to sustain the -;ood nanieot tli
mot hi r.
But the Sen .tor s;n . ! he I.., , I :
wilring lo i lk. tin - t, ,n . ,, ,n.
interests I do not ,! uiu i-. I .,, -s
they will lend the mom to hi - o
iih which to p-iy their iiv I .i.
it. Thev will eleat l Kiel, i l.. I. n .
ti in in
o! liis ,ir
,t ol ill. II
ti. -i.j lib. .rs
sM-ured bv persona! siitnit I
estatei 'li itei f. n : . I. .. -
I as it i,.
i- .It'. USi-
lull 111 tl.es. 1 1 1 III. .i.i'.
for tlie.!- in-tes . li .. i w -ir I - No
Ibese note- an- d. j u , -i I it . I an I l In
lure, i on nil! t '-. ;, l.n-1 t h it
other cit'r i ' . I i' l
Treasury in t. -
pri I. i r
I t . lhe,c
''Ill 11 It'
, O , o-t
s IN.- I,.r
.- u ill at
lake I item
ieinpt lo ii t. i 1
lot ill. II I' I, 1. s! I
take tl.ci.i -i to I -it 1
ii ii t iouid i ii i t - in v .
it i m
t.ol I hey ill
liano-i' them toi
t short in e ,
k- 1,1 lite S;at.
tint .litliciiltv i-
w ol loll. no nn.rt oiet tllet
I' an there is eoltl now. But
s-1 1 1 1 greater to teil bow till pe.i
nos i ui rt in . 1 me in I he tn-i si
ure t-O t
tiny to .'el it with ' I'll.-poor, were compelled
to s'll their loiton. t obt:iii cloth. -s a-i-l sup
plies, the ct( p "I c-tii w us - - a i i iy any lliini:
Tar, pitch and In 'pent ine atv but lull - -at In ri .1.
and 1 apprtluiiil the tuba. -co a'so, h is lallen
into the hands of capitalists, and as sugg, ste.1
by the Senator froiii llaulax. tin ti-h nu- si'-irce.
How then are the people to uei it. only lrom
the lumil holders, who took it l"f interest, who
live in tin-State, and morigig- their firms to
secure ill'" payment in jol I. -r ils i qnivaleni.
The Senator, was i,V ,s,.,j t,, -ay. that I bou'sted
that I, understood tl..-e mattns and asked
why 1 did not come l.'-vnid, with some l-etter
plan. Here the Senator i at fault again. ,1
distinctly said, that my information in rega'ni
to money, Banks, anil I'uiu ncy was liuiiled.
That 1 had read Smith's Wi alih of Nations.
I Banks and ottMf otHers; TOcib4t1r,mtl'lxvat'I
' n pathercrl, T had come to the conclusion
Sav Political Economy, Tucker on Money and
that neither. Slates or Individuals could re
store lost credit by the reckless issue ol tbeirown
bonds, or pay their debts, except by (axe or
labor. That I bad prepared a nian. bv which
f thought the interest could be paid in nine
years, but the basis was taxation ; but I bad
concluded not to bring it forward.
I state it it my opinion that no people
upon earth can ttuud the depletion of
the annual interest of fifteen millions of dollars,
when thai interest is payable in a distant country,
the Stale has one million inhabitants only.
31 r. Ssaker, when air Robert Peel came
to the Premiership ot England, he found
under the funding policy, and the pay
ment of interest in foreign countries, that the
securities could be purchased anywhere In Eur
rope at from 40 to A" per cent, on the dollar.
The Empire was unable to pay, h.i frankly
said so. He at once reduced the fptcrc't from
4, 5 and 6 to 3 wr cent . andrequired all hold
era of English b n 's and consols to brirg them
in, and get new Loinls with ti e interest pays
ble at home. Inste.nl of i-iiing large lamda,
which end 1 only fall into the hands of large
capitalists, he issued small ones, I hat could fall
into the Lands of the masses. He interested all
the people in the sustentation of the public
credit. He made the consols receivable in
taxis ami payable in London. The State
credit rose, and now, sir, while the debt is
greater, much gt enter than it was then, there is
no security held iu higher estimation in the
market! uf the u urld, and it is said to be the
foundation of the throne and the stability of the
Government. The Senator is pleased to fortify
the bill with names. In my opinion he is aa
much mistaken in the opinions of some ol the
parties he quotes, as be is incorrect in his quo
tation of mv language and opinions. Heavers
the Chiel Executive of the State favors thia
bill, and is w illing lo try it for two years. I will
inform the Senator that he has considered tbu
bill, and iijxm mature reflection, has changed
his opinion. '
The Senator says, I estimate.) (he taxable,
projierty of the State at one hundred million,
and cited the,Trcnnrer's report to show (hat 1
made quite a mistake, aa the Tressnrer, whose
business it is to look into these matters, esti
mated it at three hundred millions. The Trr as
iirer's estimate is based upon values In-fore the
war. and so confident is that ofticer, and o
confident is this Senate, that no reasonable men
can lie found to place any such value upon
property nuw, as the Treasurer's estimate is
based upon, that they refuse to re-value, pre
ferring a small tax upon fictitious values, to
a large one upon real value. I must still in
sist that my estimate ia quite as near correct aa
the Treasurer's, ami that I am sustained by the
Treasurer and the action of this body, with the
co-operation of the Senator from Orange.
REMARKS OF MR. KELSEY,
lit the JlmiM, tm the Hill to irxt Hunrnmlt Stijie
n'or Cnvrt eerlutire juritdirtion of the Vt extern
I did not expect this bill would be reached
this morning or pressed, if reached. Conse
quently I have not been thinking as much about
i', as I otherwise would. I regret being bound,
by a sense ol duly, lo the good people of Ma.h
-ui, to oppose this bill, and I slutll give mv
glonnfls ol oi'pi I. Ion in a few Words. Tlie
bill pi-opo-i s it. div.-rt t'.e Jul isdicl ion of the
courts ol M.ulLson ui, d lb vderson, (or ut least
that is tin- i li.ct of the l.ili.i and place it in Ibe
Superior oioi . I 'Buncombe, as tar as relates to
a certain class o olienccs.
To apply these remaiks more par iiulaily, if
the Buncombe Turnpike Comptpiy shouhl ncg
lert to keep tln-ir road in good order, in either
of the Counties before mentioned ; iu that case,
and in all cases of neglect, instead of Wing in
dicted in the county where the offence Wua com
mitled, ant) the w itnessi s live, they are to be
indicted in the comity where thc offender lives.
It must be obvious to the House, therefore, thai
this bill slionhl not be passed. It ia giving
pi ivib-ge to an off- nder, to Ike prejudice of the
witncssesnf his delinquency.
It forces the attendance of witnesses out of
their own county at considerably increased ex
pense, and a longer absence from their home
duties. I need imt dwell on this subject as
I do noi think th House will entertain the bill.
REMARKS OF MR. KELSEY,
fti t'te nt tinit io imhyinitely jwf-
the V, i, it, i.tm ry Hi.'!.
oh! be justified in voting lor a pen
by the pri s, nt sentiments of my
bin fearing that t hey are not fully
tl.i subject, having uo statistics
is in- have not either, on the oub
the ir.d. finite postponement ot
; on I in ry bil
before li.t l-.l
J.'Ct. I pp.
the bill, and shall vote f.r a reference to the
peoph lu' iin f .r a ri examination of the qucs
i k my i 'ttst i' in tits are ol opinion that
i in would risult in a source ot revenue.
I as 1
ui... have thought. In this I tear we
bun mistaken. There is enntradic-
inl ..filiation on this lioint. even in State
1 where tie- Convicts are nearly nil mechanics.
, niyly taught and put to us. (til employment as
I fear. also, we have not sufficiently estimated
tne cost of trillion and other ixpenses, and ..ur
picsei.t incapacit y lo meet them. It is true Si;
tlijit the system is In-st suited to the graduation
ol punishment to enroe, and meets the demand
of present civilization in the abrogation of bar
barous arsonal infliction, and can lie defended
oo the changed relations of our social life, ami
various otlnr considerations, more or less nc
portant.atul well worth the consideration of the
people, if presented to them
I will then-lore. Sir, y ote against the post
pnnement, and vote (or it tvi, rc-ici again to the
people, believim- thit in- cm sitim-nt will n,.t
object to a reconstdcrat t..n
Dayiii.Mt Dawss, In, mi,;, of the units
indicate iiHproenn nt e are not ihe r,..-t
strennoiis amongjniji -tn accomplish ctactly tiie
specialities we seem to pn fer and appear to
strive for, if we see, vet u K distance, a w ay
to achieve the great objit ot our lite the a.
complisument of exact justice, bv fair play, t
atfrncn- "-Ww-thialt 'Warn - "WfigIrt;i-.Vdf.