V...
. 'i
GENERAL ASSEMBLY; jios
Asfimr tre.ktin fundi for that rrar- I bat had since been diScontiaued. Trom
riose.X Head the first timeV v ?: office thVWopIh
juland had 'since been . considerably 'strain-
wiuuiucc uu - imuiwfwijcuw property had been pich-attected by tnejop
to whom, was referred a bill tohiciid eration, . -j. Vv -
an act to annoint commissioners to view Mr. did not think it right thatdUvidu
Mr. Graves from the, committee onlrirf iav off the road leadinz across the I a or corporations should thus have the pow
tlw militia laws, to whom was referred mountain from the town onVilkesboro'
u:n T.;.Oi Tr,r,fL. n-.r-.. ii'ii - x he thoueht it would be better that the State
v.,c uz -V" "IV ? airs. xipgic m irqueu couiuj, re- , shoXdd possess this power, and for this
company in uerown 01 iwenroxv re- ported the said bill jvi thou t amendment. DU3rPosC he had introduced the
ortcd the mil witnout amendment it Tliereupon it was read the second time. Banks, as at present established, sometimes
was read tne6econaume,Anarejeciea. i j The Senate entered upon the orderslbeeome unnecessarily alarmed and call ui
Mr. Graves from the same commit- nfh dv and iht hill In ronnlMnfJ their debts, or refuse to make loans, and these
tec, to whom was referred the bill to amend the several laws of this Tle-enle
divide the militia of Iredell county into State relative tolhe processibW of L' ct the Pncf 5 ,
I-
cllities offered to this las ollnen hfiw f No
he-.benVyed as. pood ntes eyer were of
f'-?d td any Tal&k re cnnstMitly refawt " A
'ew percri& only can-f&taitfj nccoTnmodation
at -those lisdilrs a i few Havethepwnaitement
of lhem, and they, ean do whAt they please
witn tne money, lie aia not mean to cnarge
th em with any tnminahty ; ' he supposed
they were I like other men who ' had the
means of making moneyand were ready to
use . inera. t
The Bank which
the State ftinl. hv.W had a Vef .V
rher.foundroti:: K.M.kv
Lderived great boni ro
on
eajmi!arinst:tuticnuithi,.,-X
. t . ' : ' "til ttllnn-n
two redraentv reported the said bill lirids. was read the second time. Sun-
trithout amendment; which was read dry amendments were offered bv Mi,
the second time. . , - v ' Snced and agreed to, but the bill was
- Mr. Legrand presented a bill to au- finally rejected.
Mliorise Parham kirk to collect the ar- ),The bill to amend an act passed in
rearsof taxes due. him; for. the years 1J806 for the more convenient adiriinis
therein mentioned. tiation of justice, was read theMhird
Mr. McLeod presented a bill to au- ttrhe, and on motion trWMr. Wellborn,
thorise and empower the commissioners reerred to a select committee. Messrs.
of the town ct' Smithfield to leyy and Wellborn, Forney, Torrence, Martin-
collect additionar taxes, and for. other Cameron, Vanhook, BetJmne and Mar-
Her Kotes are from 50 t Y5 vtr t tn
P- e hoped we should noUi imo a(,'f
tr. Aierosr Observed, :.'ttat th. : .
from Jtutherfbrd had ralI the notes '
edtobe issued bills of cvorV
this hi! nroposes, one I not consider the in that ftht. 'nii. ..' i .
in which the whole bodrof the people will f be precisely such notes as'-iuu- nfesi-nt u. J
have an interest; and H you can secure the issue $ and it wroddnot be said, he presuir, 1
proper management of it. will it not be bet- that we coidd. authorise a cornoratmn
pf tr liov q Rr1r nffKe TrinrT i n niir nfft. I notes. ' whirh vp Karl . ir . .-V,. : , "ur'
sent institutijbn8? It certainly will, r J i; hssuc-j Mr. A believed it-was nW n
He had heard it said oil of doors that wel cierstooa, tnat " biiLs ot credit," rocaj.t n
hare Banking Capital enough. This he issued by a itate and made a tender
doubted, as no money could oe obtained ex-j ment. , , . ,
. . git -,- - - - . : 4 j. Is W ' '
cept by a tew avored individuals, and these I ; Jir- irbeix wished to sav a word n u
men are always reaay to purcnase joou .1:1 rcjiiy iu wua? jki lajien Trow the-gt)
notes whenever offered for sale. He wished man from Halifax in relation to' uLd r.'
ro put down this practice bv esTaonsning a
of
ficers appointed bv the State
It was believed by some that the notes of
the proposed Bank would depreciate. This
he. could not believe for, as hid been stated
the State. He supposed that vlw. .' i
Mr. I said, in the act
llank, they had
, Tiiey me ant M wet h'r, ;
est!) hinr- fthe Sr.'.
ffiven a soTewm t1v,j. .1 "'
they would estab)ih r.o other lidv
lite vvi,LU1','t'" c . v 'is c:irrTejv:-i t)
purposes.
Mr. M'Dowell, a bill to allow com
missions to constables on all sums above
sixty dollars.
seminary ui iciuiii in iisne couniy tne resolution instruct
"Ahich bills rjassed their 1st reauin&r hm thp nmuniffoa
Tlic en2'n)ssed bill to amend an actjmenfs to en
The present derartEred state of our circulat
ing" medium i9 generally acknowledged, and
different remedies" have been proposed.
Some are for forcmer our Banks to ply specie,
others to take awav their charters.' He was j notes whenever offered fbrsale. He wished
in favor of neither of these courses, as either
of them wilUld gteatly increase the present
embarrassments of. the country? tor it the
Banks were forced in every instance to pav
specie they woidd call in their debts bv lar
ger instalments than at present ? .and if they
were either to surrender their charters,1 or
have them annulled, the mischief would; be
still Greater, as ater their business was closed
thev would, of course, collect their debts, arid! believe that the proposed institution Would Housej, to practise a deception on
bv doing so, harrass the people. He was :forfinjurc Ptent BanRs. There would be by giving a pledge of the faith of1
suffering the present institutions to go on to j business enough for thtwv all. J , j ; .
11 win ne ,:recoiiected that tne .stare mouis
derable portion of I the stock of the
s, on winch she receives targe
-yearly. Their cn be no doubt, J were njiade a tenfU'r, If this were theaneaniii.
way of Gap Civil in reap the advantage from it, and which would pnerefore..th:at, these. Banks, wotild. receive ot it, he would tmd 'two clauses in the C ml
in xne course ot tneir Dusiness. , . I MAWTw-ienerea -TLnere nad been pa
"IV TW V- I V . Ill V VH JklM V W I ww. X f t.fc II, tilt ' Ht O lVl H
c pimif air-'.iic iiiciL wi me u . . mji - ui v cui, usel 111 th
shall compose this committee.
' Wednesday. Dec. 17
Received from the House of Commons
by the gentleman from Rockingham, not on- competent to make this pledge, and' lie vo
ly the funds,' but .the faith of the. State would sidered the State sacreda Iwund hy it. H
be pledged I fortheir pavnjent;! Nor did be gentlemen.mean, in-the hill now bUvvn. t.Lt'
V V " J - . f -m C A1 -.fcX i I Ik-' . I
K(M.ii7i aarr n riii rnnrAmmfr ThPi ..i j ,i - i me ctki oi. xiicit cjiarverb. in tne mean i
"111 If JnV rS5: rr1 Vf e t(l "" time, he was diwi of establishing a Bank a consi
?"W8 X,1 V4 T.,r r " I-: fr " f "V,,1 "T1" M,e.10 leamng from hv which the State, and not a few monied in- present Bank
Mr. SeawelU- a bill resnecting the Huntsyille in Surry count v to the Vir- UvidHRk, would regulate our currency and dividends hall
marriage oi miania wnu.ueiung.iu anyigmia Jme oy the
1
the .-peonl.--.
the St-.V,,
the sane time that they say nonsuch plc&i
is binding '? . . ; r b"
' I; The; gentleman from Halifax,- had defined
the term " bills of credit,' to mean bill, whirl,
vision of Rowan county, was read and
amended on motion of Mr. Martin by
r.ddtng the following Provided that
nothing in this act contained is intend
id in any way to affect the dividing Internal Improvements reported a bill
line, nerewwre cwaumucu "c-ciaurnonsin2: the makinand
smess. iie said, tne otate possessed ample
V Vu - 1 ; means for carrying this object into effect. J If the House;
QUire into thf PVnpllnrxr rtf I , , 'i0, : nJ ... .. f I . 1,. if-;i.
-iaavl lit the last lienerai ASSemolV. I rpfaininfr. th enrvm. fur::i I f. : T , , i 1 . i iL:
v , . , i A I . 7 o , me vxvit rn-1 lianKs, tnere was aiwavs surplus money ajso
present General Assembly, for the di- 0f Sampson county, ai
1 . M . J II....... wr- I I . r. -i . . . . . , . ir.
the mliabitants of Fayetteville be refer- Tnc1imtI set apart torimernai improvements. c 11
rpif to thi rnmmWtoo C kk ij ' These funds would amount to little less than Ir 1BE1
reaLto the committee of both Houses on a mnn0n of dollars : and to this fund would the merits
iDiernai imnrnrpmpntc a vraA. 4 j, , .... - . . ..
& -r-! -icru iw. 1 oe aaneti tne twin ot tne tatetor tne pav-
iir. Cameron from the committee on ment of all notes issuedby the proposed in
stitution. A provision was also -contained in
the bill authorising the Treasurer to obtain a
loan forthe use of" the State in aid of the pro
posed Bank. He knew that there existed a
strong, prejudice - against borrowing money
for the use of the State ; but he believed it
would m such case, he rood, policy. : when
Rowan and Davidson." Tlie bill then
nassed ite third reading, and was sent
to the House of Commons for concur-
present BajiKinj: institutions, ney wouici ee cnsurai.oii 01. we u.nueu Statei?. Wh-u
in favor of indefinitely postponing this bill ; tliis constitution-' "Was fornted several ol' tii .
but if otherwise", they would vote against it. States (this State as well as oth -rs") had Ljshi I
thej inhabitants of Favetteville be rfer- tnc fimd set apart for internal improvements. lle calert tnf yeas and nays on the question. 1 a paper curreiicy, which was madcf a tende:-, -
edkii. rose, not, jtc saia, to aisciiss 1 ami was iounu veiv inconvciuentini ct.w.. .
if the bill before the House ; but 1 cal transactions Bbtween the States ! J.
to asc ir e tnends ot this bill it tney were a- on tnisi account that the stttes were there;'
ware of no fjiflieulty in the way of passing a tt-r prohibited ; from issuing any feueh. vir
bill like that on the table f Do they not could not be supposed to have "reference c
know that when this Legislature passed thr.f ther to bills of exchahare" or ' bank I ioti.a ' A
lmnrovinff a
road from Asheviile to RutherfordtOn
Read the first time.
Mr. Cameron from the select corn-
more convenient administration of jus- mo?t
ticei reported the said bill with sundry
rcrce.
Mr. M'Dowell moved fora ra-consi-eration
of the bill which was rejected
tir the Senate on Saturdav last, to re-
. .i r.i. e : i ' :r "v
me me pracuce-cupiui amendments : the sainc beimr under
Courts .oi Law ot tms tate. inere consideration, Mr. Hawkins moved that
being an equal number forand against the oiIJ together with the amendments
this motion, the Speaker voted in the definitely postponed which was
afiirmative, and the bdl being re-consi- not $2reed to. . -
. m m mam TV It I A. A O - "
dered, Mr. 3ruoweu moven upo. Mr? MLeod mov(1 an arnent3mcnt
pono the further consideratiwi thereof to tl e biu to follow the section
Jmhl to-morrow, v - - fixinW wo years as the length of time
Jir. amercm iruiu urciuit....H- tnr th, rnnfiminn nf fho TVrrt
greed t.
Mr. Seawell moved an amendment.
Ta"ll , uZ VCTol contains the charges of the Judjes to
theciuoioot anu nunu viwxn mattPiv T w
nal Company which were ad -thel . . i - J
firitim.Mi !i L ccod Tlc question then recurred on the
Thebillto amend -an act Passed mnafnf fhp W1, . a , -t !
fhP vMr 1813 to exemnt vessels under IF: ' .l"
sixty tons burthen, entering the Cape- i ' J .
bill establisHiner the Rt:1e Bank, -and 'he-v
gave a pledge, that no other Batik should-be
established durinir the continuance of its chart
ter. Mr. I. read the section of the act refer-j
red to. This charter is still ti esrsteflce, jwul ,
without these, no commerce could ho caiTicd
on.
mittee to whom w rfrrwl Kill ft
amend an act ' passed in 1806 for fhc be last in New-York, there was plenty of yetth's bl" proposes the establishment ot.a
-tee on Internal Improvements reported
a bill concerning the Koanoke Aaviga
lion Company, and a Dill concerning
money to be obtained on good security at 4
ia.a per cent, ana sureiy u wouir De worrh
hile-to pav this in order to effect the, srreat
ooject in question. i
Mr. Xf. observed thai this was no new pro
ject. The Stnte of South-Carolina, had a
nourishing Bank estahhshed preciejv On the
r f ,1 !"' t It ' i -ii
ToumrauoTi or tne one proposed m this dim.
That State had the wisdom to establish this
Bank some years agoj tr a season of great
embarrassment, when; most of-the Legisla
tures had' under their; Consideration b'f'ls for
suspending executions land other palliative
measures for the relief of the people, and it
was no, and had always been of credit equal
to the other respectable! Banks of that State,
:mn nan proved a source ot great profit to the
new Bank, and proposes; to pledge the faith
of the State Ifor the payment of. Us note.
If the Legislature could be brought to violate
its plighted frtith, it would not surely be worth
while to pledge it anew.
Mr. 1. knethat since this pledge was made,
the charters of the Banks of NewDern and
Cape-Fear hd been exteh ted ; but these
acts did notfereate a new Bank, therefore
presented a different queistion fiom the pre-
em- ! : - . V : ' . -
Mr. Marttit said, he considered the faith of
the State aSaf diamond of great value, and he
j Mr; ilurrM closed the, debate, by express
ing Jiis.dislike .to ;the brll before the Jn.-ukV. '
which ! inst&a'd of affording4 relief tftiie
pie,1 would only add to them difficulties:'
considered tire; pledge Of the State at rae'ret
while the State Bank existed. If that wcic
out of the wny the Legislature might esta!
Ushsuch other Banks as they pleased, but
not otherw ise.
The Yeas and Nays on indefinitely $cuiAi
poning the bill, were as follows-,':
Messrs Alford, Blackledge, J. .1. Bryan,,
Browni Borers, Bodenhamer, Brodiia,'i?v
numi Brower, S. A. Bryan, Conrad Crown .
Carson, Cole, Clement, Campbell Clnncv,v
Daviii, Kdwonston, Edwards, Elliott, Kx,
only Which was like-1 Stnte hough the capital was less than half a
J ..v- I million of dollars. '
4 O'CLOCK.
The Senate met agreeablv to adiourn-
ment to appoint held officers and justi
ces of the peace,
l lie om to allow commissions to con
stables on all sums above sixty dollars,
iiieunueiy postponed.
HOUSE OF COMMONS.
was l
IMON
Dec. 15.
Fear 'river' from paying pilotage, was
read the third time.
The Senate entered upon the orders
qf theday,' and the bill to amend an
act passed in the year 1806, for the
more convenient administration of jus
4ce within this State, was read the 2d
time.; Mr. Ilill, of Franklin, moved
to amend the bill by striking out the
. tenth section, and inserting the follow
in: 41 Be it further enacted, that so
- muck of the several acts of Assembly
heretofore parsed, establishins: Superior
dourti of Law and Courts of Equity, I subject of a public road in Surrv Coun
be and the same are hereby repealed, ty Referred to the committee of Pro
ana tnat tne courts appoimeu aim e- psmonf ana unevances.
tablished by this acq shall De hoiuen ry
seven Judges, to be elected by joint
.ballot -of both Houses of the present
General Assembly- and commissioned
bv the Governor." , . .
Mr.' Callawar moved that 'th
v.iththe amenffment under consii!
1 - .1 J.Ii..l.. nicinnnAil nr
.11011. Oc inUcIJUilcij ijuaiuvutvi iiin i j--- .- '"eg
vas not aTeed to. The question men 'Resolved that no bill which lias been, or
recurred O the adoption of Mr. Hill's a- hereaftjer ray be rejected, shall be reconsid-
mendmont, and the question was deter- ered dPnS e Pr;n .
mined iu the negative-Yea 1, ISays5. jir. ueau-movca ior me inaenniie
The said bill still under coiisidera- postp)nemenl of this resolution, which
It had been doubted by some whether the
notes issued by the proposed Bank would
pass without depreciation. He himself had
no doubt of it. Look, said he. at the readv
circulation of the small Trensurv Notes, now in
circulation, wilhout any: specific fund be.ng
appropriated for their pavment. Mr. M.ralso losing to pay Specie, or of issuing too many
!VIr Polk presented the petition of
sundry citizens oi ineckienburg on the
Mrj Pu";h presented a bill to amend j
ana continue in iorce an act passed in
1820, 'appointing Commissioners for fix
ing upon a'suitable place for the public!
DuiRiings in tiytie Lount and lor o-
e bill, I ther purposes Read the first time
lera-l -'.Mr .Williamson of Northampton,
-kK I snbrtiitfpf! tho fidlrtwino- rtnln tim vI-
mentioned ' the TreasurvlNotes issued bv the
General Government during, the War,' which
were sought for in preference to other money
and also our old Currency, which always,
maintained it value! ' ! T
Mr. 11.' insisted that the Totes issued br
the proposed Bank would have a better se
curity for payment than jhose issued by any
Corporation, as they would not only be bot
tomed on the fundi of the institution, but on
the faith of the State. '
But some gentlemen are Opposed to this
bill, because they jare, opposed to all Banks.
He hoped gentlemen would observe the dif
ference between the proposed Bank and the
present institutions. These, said he, we have,
and before we attempt to put them down, we
ought to provide ja currency for the State to
take the place of their Notes when they shall
be withdrawn. And gentlemen ought to
consider the proposed Bank is not intended
to benefit any indivjdual-tthe State at large
is to receive its profits. ! , , ;
The proposed Bank had by some been
compared to the' Kentucky State Bank. Mr,
M. said the two hings were no way alike
Kentucky does not 'propose to redeem - her
notes in less than 25 .years j and even with
this exceptionable provision the issues of chains about:: the neck of another , of one
was not Jtrnofant of the provision in the act j Flynt. Fishev, Gary, Graham, N. Gordon, Ha;C
establishing ; the State; Bank. , But he had gTave, Holland, Howell, Henderson,: lla..thec:
thought it was conceded, on all hands, that Helen, J. A ; Hill,1 TL. A. Jones, Jeter, .lamiar,
the State Bank had forfeited its charter, and Iredell, It. H. Jones, Lowri, Larofih, J!luor
the friends of the Bank had -acknowledged Melvm M'Millan, Melchor.M'Leani' M ?ane:
the fact. Mrl M. enumerated several aets of M'Uawiel, 1 . . J-lann, M'Fartand, P 'h:
theirs, such as! refusing to pay specie, issuing jPolki Stidnian, Stephens,v Ste wart, Siribuiy,
tou many notes, &c. which in his view, a- Shepperd, Sellers, i Smith; Stanlyj- Taylor,
i urner, v mi aKei , vv wtT, mte,; w . Wal-
ton, J. C. A. Williamson, Webb, Wilder, ,
L. PWilliHmson, Walker Yeas 7.
-Messrs. Asbe..Alsfon, f W.. D. Barnard,
H. Bell, Bakctv''Bajne;T:.BeUC;:;Bamarc--
Broolt BealT, Barix)w, ' Collins, h. Cherry,
rry, .Dargan, Davenpen,
J. Gordon, J. L. Hill,
mounted to a forfeiture.
Mr. Iredell remarked'; that the clause
which had been red in the charter of the
State Bank, 4'd not speafc of the Bank's re- j
notes. It sooke of the existence ot the Bank.
Will the gentleman say that the Bank is'not Cppeland, J. Che:
in existence '? I Your Tfeaisurer has informed Frederick, Forbes,
you ne nas receivea roe iivj
the Bank, of course, it must
cwitinue to exist, until its ch
to be forfeite'd bv some iudicial decision, f Oliver, ! Boane, Pamsav SeaWell, Tillett,
This Legislature cannot declare the charter j Thompson,..; W; Underwood, D. "Underwood,
forfeited. If t be thouglit proper to have a ; vaijn, Webster, J. White,1 Watson, Vv ortb,
ii .il rr:i i: -x. i
exist, and will J nard, fLove, M'Neill,' Morgan, JfCawlev,
arter is declared I A. Martin, R. Mai-tin, E. Mann, -Mewborn,
writ of quo tiarranto issued against the Bank
let the matter, he tairiy trien ; ana it ii ap
pear that the Bank has forfeited its charter,
the faith of the State will be no longer pledg
ed. The Directors of the Bank may have
done acts, which, if , brought before a Court,
might forfeit .jtheir charter ; but a corpora
tion may do mlmy acts, vliVh might by some
be considennglunwarranteKU wnicn wouia not
forfeit their charter, But this.is not now a
question Th6 B:mk exists, and while it has
existence, the ; faith of the ta'e is pledged
not to establish anv other Bank. .
Mr. Alston Jsaid, it was; perfectly immate
rial to him whether the corporation of the
State Bank was m existence or not, or whe
Ward,1 Wright, Whitehurst, W.; Wa
tpn 51
Tuf.sdey. . Dec. 1G.
The following resolution'was present'
ed by lr. Jeter:
f r'Aerieis, great inconvenience is felt by the
Citizens of this State, in rendering a lift oftheir '
lands and affixing the value thereof, to a Jus
tice ot the Peace, which has rendered the 1j&
inoperative, in produemgthe effcet desired,
Whei ens great public loss is su seined by the
revenue jin the unjust' and unequal value that
is assessed upon the lands of this Statethere
fore, j" .. '--- ? . . j--.."'
JResofved ' that the Committee of Finance
ther it had violated any part of its charter or u ",slciea xo enqwre mio me e.xpt-.uc.
not. He took muclr higher ground. He of proving by Jaw, that two frce-hofders be
Arn'irA thp riji-ht f one Letrislature to rivet lassociated with a -Justice of the Peace in valu-
r c - - a . - t
th.e s2d, Sd, -4th, 5th, 6th, 7th, 8th, 9tli,
10th, 11th, IStthf- 13th, and 14th sec-
tins-rNt agreed to- ' "
Mr. Seawell moved an amendment
to the -1 Jth section, which was agreed
iu, and the bill passed itSJ2d reading.
that Bank would have answered a very gootl
purpose, had the Directors not been excess
ive in their issues of them J L
Mr. M. suppsed .that it required about
three millions of currency for answering the
purposes of this State, which must be fur
nisled in some way, and he thought it wtAi Id
be well ifor the State to furnish, and eniov
av, ana tne diu io i "': r.i-v - r, : '
r f . ' . ir 1 theu- constituents, one wnicn snouia oe p;ac-
ns x)f 4i toll bridge o- 1 , nn n , KSc7 attS-a -f tl1 ftq .nftsR:u' r:
- The bill compelling the Banks of this
State rto paypecie, was read the first
time. !
The House agreeably to the order of the" profits arising from, at least a part of hi
the di V, IJtfKeeded to the unfinished He considered, it the duty ot. e-ery btate
Dusiness oi vesiern
authorize the buildi
! l . i T f m T l
mr lAannk'p rivpr. rihp Tuvi'n nt 119 i . . t : r... i.-i
- TUtsDAY, dec ip. .. 0 incorporate a ompanj- for in value. j f
Mr. rameron from the joint commit- that purpose, w as read the second time. Mr. M. conrkided by saying that the de
tee on Internal Improvements, report- c. Bynum .moved to amend the bill by tails nf the bill might be ijnperfect ? and h,e
.a.ew StioNot agreed ti iZZZ
m.ys.p7Vi ea& PL. f striking at once at the exigence of the
Thej bill to establish a Bank of the MIL ? .
State of N. Carolina, was read the first Mr- Alstoh would have: been -glad if gen-
ipe-rear
the first
oil a bill concermmr the Ca
Ts'avisation Company- Read
Mr. Jackson presented a bill toaxnerid
.
sation to the
Legislature to pass any t law whtch ' shall
bind a succeeding Legislature, if it chuse not
fo be so bound. '. He denied tliis monstrous
aristocracy. The faith of j the State had of
ten beeiplelged in this' jway, and as often
broken. : The) same kind i of argument w is
used Mlien tile Legislature extended the
charters of the Newbent and Cape ;Fear
Banks ; but they had no effect, nor buglit
they to have any. We possess the same
nower that was possessed by the Legislature
who made the pledge in jquestion,1 and can
keep i.t or not,: as we believe Vwid heit serve
the interests of the State, j I Jf the same men
fre every yep elected tj the. Legislature,
the pledge might be more binding i but ' he
denied that one Legislature could bind their
successors, formed ot tlmerent materials.
1 r..L..i , ii,- ! Itlmii nnnnff1 tn this hill: wnnlil hayp tat.
in lOii maKinffCOnxpen- I uui uianam mutu iu MS iU.i..v..,.. --!. "
J . -O . tl t n . ir tif(ithAii nhifrtinn.i to it hut as nn me ui.
jurors otHicSupenor ano oenmre posiponemeni, nicn proaucea 1' ,Tu t' rf H wtM vl?i,5
j. 1 I k,. rt . . . ii - - n . . n
the motion for indefinite
count v of Moore and a "nm tn repeal j aBumc)eut numocr oi iimiks m tnc Mate, cua i Tins-bill proposes, said he
an act passed in S22f to regulate tlie nV.wish to see increasedi- a"d notrM n diflercnt principles
i Tjuniir uiinctraiiiy iu l-uiiuijic tii.c uuic ui 1 10 eSulDUSneu in mis ,oiaei;
a
rounty uourts i 3ioore, Vyari:erei,auui urc luiiuwiu ucuaic . : reasons for wishing
Bertie, S lar as ut same relates 0 tne I .Mr. Iiraitam believing: that we had already I postponement not to prevail.
to establish
fcoraanyhither
What isthe.ob-
the House, he moved that the bill be indefi- l ject.of thiairill ? It is. not -for .the purpose of
nitely postponed. , ' . - 1 creating a raonied corporation ; of putting it
f six. iahtjj was BiirrY luc-gemieiiiaii nom in xne power ot a iew lnaivumais io comroi
Biitiierfbrd hacLmovcd an indefinite postpone- the circulating medium of! the, country and
rnent ofjliis bill, die thought the" subject by this control deeply to affect, at their will,
impwtant and worthy the consideration of- the interests of the community ; no, it is to
Courts of Pleas and Quarter Sessions m
the counties of Cabarrus,: Moore, and
iMontgomerj, so far as the same re
lates to tlie county of Moore. '
Mr. M'Dowell, a hill supplemental
I T .! p .1 i 1 lllliJIH 1UIL
ta an act paSSea mi session pi.ine As the. House. In. proportion as tlwjcommerce establish a Bank for the relief of the people,
? mblr,' incorporating Morganton Aca-ofour Country increased, it was necessary to land for the beneik of the'; State. ; And be-
lcmV ' " " ' ' increase our BaJiking capital. He believed
. -Mr. prenHaWirtoamepd S&fe
fhr rr 181o. resmct- . v f. , , ,
aci uasscu "-j. " rtr, 7. i uaa now, Toie jldiutt, or uie cusposiuon, ,w
U. the Academy and townsoi .amiui-1 suppiyj the deficiency. .They appeared to
"ifle in Brunswick COUJlty . : 1 loan and call in their money at pleasure,, and
- . - 7 - ii " .
cause there is at present a general clamour
against the-present Banjks, -hall .we be pre
vented from establishing one- which is calcu
lated to counteract the .evils arising from
t. ese institutions ? v - ' H 'i
Who, asked Mr. ALje the dealers in. the
Mr Callaway, a Dili crea?ng aper- commUnitr. In the- county : m'hich- he're-' I of -the- country s No -..though he believed!
maneni uuu iv.M---rr-- isiaeo. an omce-ot a scouni or one oi inei some oi tnem naa neretoiore aeait too much .
' . !.. .1. . SI . I a . " i . . . . I.. -. .. .. . . . I
nHd tft "-cOittcUtiG ue- ec j w k t i aks had been lor omt tone m operation. I wun tnem for their jnterest . hut are any fa- f It
ine the lands.
The resignation of Thomas G. Polk
Colonel! Cammandant of the regiment of
Cavalry attached th tlie llthBrigade,
was read and accepted. I '
Mr.; Polk presented a bill to incor
porate New Providence Library) Conv
pany. ' r-': ;,v ' , ' r - :
Mr. Strange presented a bill to re
peal ah lact to establish a Court of Pro-
bate in the County ot Cumberland, ana
for other purposes.
Mr. ! Campbell, a bill to compel tha
attendance of persons'suinrnonecJ to at
tend Jurie3 of mqiiest. -
. ' '-Mr..; Bfodnax. a bill Tor the more
At. T vr.v.a . nfnnininn with th pn. convemenaamimstrauon i iuucc
tleman from Halifax, that a law passed by the Courts of Pleas and Quarter faction
one Legislature migui oe repeaiea py uie oi IXOCKingnam COlinty. !,
next, and thajt no Legislatiye pledge was . j jQoom, a bill to authorize Dan-
therefbre bindihg, any longer than n whs thf Jiei0urnterv, of Lenoir County tb erect
interest o; mejaiaie io onserve u. rir. -., - ' v n:..- ! i;
complainetl that the present B.nks had clos
ed their vaults and were calli!"tg - in their
debts,., that the people were considerably
embarrassed; ami that some .step ought; to.
be taken for their relief, before the charters
of the present Banks ejxpired, ' otherwise
much distress tmld be eiperienced. .
-Mr. Ga AHAJf Jfcaid, he had -been iiiduced to
mov e the indefinite potp oweaucnt of this bill.
because he tliqught1 it premature. Ilehad
hoped that some friend of the measure woald
"have shewn that we were authorised to issue
bills of credit t tliat we had friends sufhetent
to support a Banking instittctioft ; as a. Bank
pie, it would miolve:theia n greater; difficul
ties than theyjyw experience. - .. -.
. H was not prejpared tp ay; that -.if we
have 4he power to erect such a JSahk as is
proDOsed, .and have a sufficiency of funds, it
may not - at somfel future day, be established.
i5 true that the tate y uthvrouna as
a bridge across Neuse River.
v These bills were read the first tin.
; The ; resignation of Stephen iMill.'
Col. Commandment of tjie ;.:-Vihtia tot.
Duplin Countk was read and accepted
Mr. Hill from the special Committee
to hom was referred Ue petition '
George Moore, reported unfavorably t.
the prater of the petitioner recommend
ing its: rejection Cbucurred in. f ; .
v 3vtr,jBlackledge from tthe Committee
nf Pfonociriorift nd Grievances to whom
to support a JUanjving nsiitujion ; asa, cane - t'"'":";- e inha
widiout a capital, is LkZ- a mill without water, was referred the petition ol sundry w
or a shadow witliout substauce sq far iromibitants bf Beaufort County, reporUa i'r
sw:h' an mstitutiou. affording rehef to petitioner..
1 .'.'.n;ir.. Vio liwcwftfre ' -of. a hill t
carry it object into elfect-Concurrca
in,' aud the billhead the first time; . r
m Mtv Seliers presented the petition oi
sundry inhabitants of Sampson County,
A fc n jinrtronriation 0 -inW
V