Weekly Ohio State journal (Columbus, Ohio : 1841), 1842-02-02

              mm al VOLUME XXXII. COLUMBUS, WEDNESDAY, FEBRUARY 2, 1842. NUMBER 23. W edits 1)10 Slat c . PUBLISHED EVERY WEDNESDAY, IkV t'HAKMif SCOTT, Orrics corner of Higli and Town iirceis, Buttle' Building. TERMS: Three Dollaih pkr annum, which mny he dinrhsrged by ttie imymeut oi Two Dollar and Filly CunU in advuice, l the ollice. All Idler on biutnew of the office or containing remittance pitut be pott O'PoBtniulera are permitted by law to remit money to pay subscriptioua to newspaper. OHIO LEGISLATURE. HOUSE PROCEEDINGS CONTINUED. Mr. Cooke rose and remarked Uittt he proposed submitting to tho House a series of resolutions, which, from their vital importance to the heat interests of the country, would,' lie trusted, unite the concurrence of evorv member of this bodv in favor of their adop tion. They referred, generally, to the protection of all the great interests ot tne people ; out mainiy to the means by which Agriculture, now and always the paramount interest of this country, could bo sustained in its vigor, and by which alone tho real prosperity and independence of this Union could be upheld, defended and preserved. At a crisis of universal embarrassment, like the present, when our whole people were burdened with a heavy debt, oppressed with grievous taxes, paralyzed in their industry, broken down in spirit, cursed with an unsound currency, and threatened, oven by our own legislation, with a degree of suffering which no free people was ever before doomed to endure, he had thought proper, on looking around for the means of restoring prosperity, that Ohio should be called upon through tier assembled Representatives, to speak out, and avow her principles to the worl j upon tho all important subjects involved in these resolutions. Iler commanding position as the third soon to bo the second State in the Union, entitled her to bo heard ; and her voice, if bIio would sneak out manfully, could not fail to exert its just and proper influence on the councils of tho nation. Tho subject was not one, in his view, of a pnrty character moat certainly it ought not to be made so; and in coining to its decision, ha invoked the exercise of that patriotism, which, in times of trial, indignantly discarded all party trammels, and looked with a single eye to the best good of our common country. At tho proper time he might desire to be heard somewhat fully in defence of these resolutions; but for the present lie would only add, that in draw-inn; the i ii up, he had taken special cure to assort no principle that ho did not pledge himself to maintain and demonstrate, if controverted, beyond the cavils of the sophist, und the power of refutation. Preamble and resolutions relative to the encouragement of American Industry. Whereas, tho chief elements of wealth in every country must ho found in the employment of its labor, and the development of its natural resources; and whereas, that country will always bo most pros-porous, whoso labor is most equally divided in the various occupations of A griculture,Conimcrce, Manufactures, and the Mechanic arts ; and whereas, in the present state of tho commercial world, a just equilibrium in the success of these great branches of human enterprise, can only be preserved in our own country liv such a system of countervailing commer cial regulations with foreign nations, as will restore tho balance of trade in our favor arrest tho ruinous export drain of our precious metals clfoctually protect our home industry, and secure our own markets to its products, agninst those of Europe ; and whereas, the modern heresy of "free trade," which would throw open our ports to all the world, while the ports of all the world oro closed agninst us which would teach tho American people to look to other nations for that support which (tod intended each nation should draw from its own soil and labor, is not only at variance with such a system, and subversive of our national prosperity, but at war with all those great principles ot national independence, sel (-preserva tion, and self-defence, for which our Government was ((Minded; and whereas, no country can bo independent in peace, or secure in war, which, disregarding the protection of its own labor and resources, relies upon foreign lands for the staple necessaries of I life, or the means of its defence; and whereas, no foreign nation receives from us, in exchange for our own, any product of our soil and labor, which it can produce at home: Therefore, be it i Resolved, by Me Senate and House of Representa-' fircf, That, in the opinion of this General Assembly, labor, applied to tho development of our various resources, of soil, climate, and mineral wealth, is tho true source and foundation of individual and national prosperity; and that the true policy of this country consists in fostering, and sustaining it in its various departments, by just, equal and adequate legislative encouragement. Resolved) That the power to foster, protect and encourage tho enterprise and industry of its own people, is an attribute of sovereignty, which belongs to every Government, and that the due encouragement and protection ot the laboring classes ot ever)' country, are among the first objects for which free Gov ernmcnU are, or ought to be, instituted among men. Resolved, Thut the natural products of every cuun try are worthless without a market, and its industry nerveless without an adequate reward. Resolved That it is, therefore, the duty of tho Na tional Government, at all times, and especially at crisis of deep and universal embarrassment, like the present, by every constitutional means in its power, to render tho utmost encouragement and protection to the domestic in 1 us try of its own people, and so to shapo its policy, as to promote such a distribution of li i;irmr, hi ura ueveu'iimi'iii oi lis resources, ub win give the most profitable employment to its own in dtistry, and, at tne same tune, create and sectiro thos markets at homo, which are not to be found abroad. 3, , , , .i iistiy, .nd, at tin Mine tuno, ennte .n.l .ccuro those 3 cinmovmcni to lis own in- am linl tn hp Inliml nhmnil. Unsolved, That any system of revenue, not predicated upon a wise discrimination of duties between such articles of Foreign production, as can, and cannot be produced at home ; and upon a just reference to the Commercial luws of those countries, upon whose products thoe duties are to operate, is an abandonment of tho interests of our own citizens, for those of the foreigner at variance with the duty of a just itovornmcnt, and fraught with oppression and ruin in its operation. Resotved, Therefore, That any law of Congress, permitting tho products of any foreign country, which oxrludes our productions trout its markets on reciprocal terms, to come into unfair competition with our own, is to disregard one of tho highest obligations of tho Government to give to tho foreign Manufacturer the monopoly of our oim market to encourage foreign labor, at tho expense of our own industry to deprivo our own laborers of the honest fruits ot Uioir toil to drain us of our precious metals to strengthen the arms of foreign nations against us, by contributing to their means of hostile invasion to weaken our mean ot competition in peace, and our power of resistance in war, and to pave the way to tho prostration of our National pros-purity and indeiiendenco. Ht solved Th it oven should foreign nations receive our products on reciprocal tonus, it should be the policy of a nation, liko that of the Unitod States, possessing all tho cloments of wealth, prosiwrity and commercial greatness within horown borders, so to shape its legislation, in reference to tho price of la bor and the cost of products in other countries, as to protect our own industry against Uio ruinous como tit ion of low-priced fore km labor; and for this pur pose to encourage tho investment of capital, and the acquisition of skill in our Manufactures to put the country upon its own resources, for what it can and ought to produce, instead of importing it to stimu late domestic, instead ot loreign industry to multiply the pursuits of lnbor to savo at home, for the use of our own people, the millions now sent abroad and thereby to create markets for our Agriculture, and secure tho development of our internal resources, more vast and various than are possessed by any other nation upon earth ; and that tho etfoct of a different policy, as all experience has shown, would bo to reduce the most prosperous nation to the condition of the most depressed to paralyze its industry to exhaust its resources to demoralise its characterami to break down the lolly, noble, independent spirit of its population. Resolved, That tho doctrine that all duties for protection, are a tax on consumption, is a theory, fallacious in principle, contradicted by results, and falsi fied by tho exicrienco of all past Legislation on tho ubjoct; that on the contrary, a reduction of price, in the article protected, always follows an increased protection, has neon veniied by the same experience : and that no fact is now bettlur settled, than that in creased duties upon articles manufactured in this country, instead of adding to the price of tho foreign article, in our nwn nmrkeL urn in truth tv nn the foreigner, levied and paid as7o, into our 'Ieasun by Fhrrtgnrrs, for the privilrgo of coming into our market with their goods. The effect of tho system having always shown, that prelection increased do- meStlO COmntiliin tlint nmnntiiinn tiwMul npn. ?Hkli0TL j Ullt increased production never failed w break down monopoly and produce a diminution of price, yMoW, That as an independent nation, we are wmu to regard our rights to the products of our Mil equally sacred and inviolable, with the right to ! the soil itself, and that it is as much the duty of our Government to guard the one as the other from foreign encroachment and invasion. Resolved, That agriculture is the great parent interest of this country ; that when that prospers, all prosper when that declines, all sutler; and that although the success of ail classes and occupations, is mainly dependent upon that great foun dation interest, still the agricultural portions ot this Union, are those most deeply interested in tho protection of American Manufactures. Resolvedy Therefore, That our Senators and Representatives in Congress be requested to use their exertions to procure such a modification and adjust ment ot the existing 1 arm as, while it BfiuN arrest tho rapid drain of the precious metals from our country, to pay for the manufactured articles of other nations, and exempt from duty as far as practicable, all the necessaries of life, of exclusive foreign growth, while it shall produce no greater revenue than is necessary for a just and economical administration of the Government and impose no additional burdens upon the people, shull at the asme time, have a strict regard to all the various interests of every section of the Union, and so discriminate between those products which we can, and cannot produce, as to give preference to domestic over foreign manufactures in our own market place the products of our own labor and resources upon such ground as to enable them to compete with the products of countries which exclude ours from their markets, and thereby give to tho enterprise of American citizens, that encouragement and protection to which they are entitled from a wio and parental government. Resolved That the Governor be requested to forward a copy of tho foregoing preamble and resolutions, to each of our Senators and Representatives in Congress. Mr. McNulty rose and remarked that he had read homilies about wasting tho time of the House, and as the preamble and resolutions just offered amounted to no moro titan on attempt to revive the odious protective policy the exploded system of Mr. Clay, and as he believed the House were not disposed to consume a week or ten days in their discussion, ho would move that their further consideration be indefinitely postponed ; and on this motion he demanded the previous question. M r. Cooke supposed it would not be in order to debate the motion to postono, inasmuch as the previous question had been called for. Mr. Schenck submitted to the chair whether it was in order to tmtke a motion and demand the previous question, before such motion had been stated by the chair. The chair decided that it was not in order. Mr. McNulty withdrew the motion, and as soon as-the question of postKinement had been stated by the chair, renewed it. The previous question was then ordered, and the question was taken on the postponement and carried yeas 3-1, nays $) a strict party vote. Mr. llo wen then presented the following Preamble and Resolutions in regard to markets for Agricultural Produce. Whereat, Tho citizens of Ohio being mainly an agricultural people, are now suffering great inconvenience and distress from the low prices and difficulty of turning into money their pork, beef, corn, tobacco, and other produce of their farms; and whereas, it is believed that such low prices and the consequent distress mostly results from the improer policy of our General Government, in refraining from efforts to procure the opening of foreign markets, or tho creating of domestic markets for our agricultural produce, it w, therefore, 1. Resolved, by the Ccnerat Assembly of the Stale of Ohh) That, as the Government of 'Great Britain imposes taxes on American produco imported and sold in her territory of three cents per pound on Ohio pork, six cents per pound on Ohio bacon, three cents per pound on Ohio beef, stventydiro cent p pound on Ohio Tobnreo, iphliflico cents per bushel on Ohio Wheat, and thirty-eight cents and a half per bushel on Ohio corn, (average rate of ten years,) it is, therefore, the plain and bounden duty of tho Government of the United States, to prevent the consequences of such enormous taxation ot our produce, by imposing heavy taxes on the fine clot) is, carpets, fine cotton and linen goods, fine cutlery, and other English manufactures of liko character, which may bo brought into the United States for sale. 2. Resolved, That as the Government of France pro hibits the citizens of the United States from export ing and selling their orl;, beet, corn and wheat, to the pcoplo of France, and imposes enormous taxes on American tobacco and other produce, it is therefore the duty of our Government to counteract the effects of such unfair prohibitions and burdens, by imposing heavy taxes on the silks, luces, jewelry and wines of France, which may be imported and sold in the United States. 3. Resolcea That the partial and unfair policy of tho English, French, and other foreign govern ncnts, in preventing their people from purchasing the pork, beef, corn, wheat and tobacco, of the United States, can only bo effectually counteracted by tho imposition of heavy taxes on such foreign produce and manufactures as the people of the United Suites can cither dispense with, or raise, or create for themselves. 4. Resolved) That (he suicidal policy of our Government, in permitting the unrestricted importation and sale of foreign gew-gaws and luxuries, while foreign-crs decline to receive our produce in payment, has already resulted in the accumulation of an enormous foreign debt, a destruction of state anil national credit, a serious drain of our gold and silver coin, and if such policy is continued, it must incviUbly even tuate in depriving us of all our precious metals, and finally reducing our free and independent laboring r i . , . population io a icvei wiui uie muv su, urgraucu anu .llhi of Hlir,man kin b I .. r ' r. 5. Resolved, That tho manufacturers and me chanics of Uio United States are Uie natural friends and allies of Uie fanners. The farmers buy the tools and cloths of tho mechanics and manufacturers; and Uie latter in return, purchase Uie produce of the farmers. 1 heir interests are inseparable, and cannot bo disunited, and any policy calculated to crush tho manufacturers, must inevitahly destroy Uio only market now existing for agricultural produce. fi. Resolved, That tho Congress of Uio United States possesses, and should exercise, the unquestioned power in raising money absolutely necessary for Uie public service, to so graduuto the taxes, or duties, on foreign goods, as to produco a counteracting effect, to Uio unjust tuxution of foreign governments,7. Resolved, That our Senators and Representatives in Congress bo requested to use their inrluouco in framing, and to vote for such laws or enactments, as will carry out Uie principles of Uie foregoing resolutions,8. Resolved) That the Governor be requested to forward a copy of Uio beforementioned preamble and resolutions, to each ot our Senutors and KoprcsenUi Uvea in Congress. Mr. Itowcn snid it was not his purjKise to make any extended remarks upon Uie resolutions he had iust of fered. They were of a character that interested overy branch of uio business community. I he far mer, Uio mechanic, Uio manufacturer all, suve tho professed politician, were concerned in tho subject to which they relate, and desired some action on tho part of tho legislature. If Uiere were any w ho dared to como here to crush measures of tins kind, ho desired to havo Uieir names held up to public view, Mr. B. said he was a farmer, and was endeavoring to represent Uie interests of the fanners, but when he presented to the House resolutions on important sub- jects touching Uiose interests, he was met, nut by ar gument, reason and discussion, but by nn attempt to img and stifle diMMinsion, Ho was willmir the ma jority should vote down these resolutions if they wished, nut uiey could not conceal the fact that ttiey had been offered. Mr. B. moved UmtUio resolutions bu laid on Uie table, which was lost. Mr. Byington moved their indefinite postponement. and demanded Uie previous question on his moUon, which was ordered by the House. The preamblo and resolutions wero then indefin itely postponed yeas Itti, nsys !W. Mr, Clarke gavo notice that at some subsequent time he would ask leave to enter his protest against Uio extraordinary proceedings in relution to the preamble and resolutions offered by Uio gentleman from r.rio, imr. tookc.i On motion of Sir, Byington, the House took up Uio bill to amend the act for Uie regulation of judicial proceedings where bunks and bankers arc parties, so as to allow tho defendant in any suit brought by a bank or ita agents to offset Uio paper of such bank agninst the cluim for which such suit is brought The House took a recess. 3 oWodt, P. M. The House resumed Uie consideration of Uio bill taken up before Uio recess, the question being on agreeing to an amendment previously offered by Mr. Probasco, the object of which was to prevent Uie bill from impairing any contract heretofore made on Uie part of bona fide bill holders. Mr. I'robasco addressed tho House at some length against the propriety of passing the bill in its present sliajio. Ho was surprised that a bill so simple in its character, should be displaced by the amendment proposed to be substituted in its stead. Those amendments were extremely objectionable. It had been insinuated that they had been framed and engrafted ; on the original bill for the purpose of affecting suit ! now pending in which certain gentlemen in that House were said to be interested. It was something unparalleled in the history of the legislation of the State to frame and pass a law designed to affect actions now pending. No argument had been brought forward by the friends ot the bill to show why it should operate in cases where banks had previously failed, so as to make the depreciated notes of such bank pay debts which have been honestly contracted. The bill would operate to impair the validity of contracts, and cause the honest assignee of a bank to 'suffer unjustly. The amendment of Mr. F. was then disagreed to. Mr. By ington offered an amendment providing that in any suit that shall have been commenced previous to tho passage of the bill, the court shull not allow the defendent to set off a greater amount of paper than he had on hand at the commencement of tho suit; which was agreed to. Mr. Chambers suggested that tho amendment would only apply in cases where suits were commenced previous to uio passage of the present bill, Mr. Schenck illustrated the probable effects of the bill by referring to a transaction between the Gulli-polis Bank and certain individuals of the city of Columbus.Mr. Fowell proposed an amendment, Uio object of which was to nrevent the operations of the bill from extending to any suit brought by the State Board of ; ilunk Lommissioners, or to interfere with any proceeding instituted under the provisions of the law for Uio appointment of said Board ; which was lost yeas iW, nays !J4. Mr. Hatch offered an amendment providing that no company, person, or persons, shall be allowed to make Uie proposed offset provided for in Uie bill, who shull huve been instrumental in putting into circula tion a greuter amount, of tho paper of any bunk than Utey were compelled to us common borrowers or debtors of such bunk. Mr. Schenck remarked Uiat an amendment of this description had been previously offered and voted down. Mr. Probasco inquired if it was in order to bring forward a second time a proposition that hud been once rejected by Uie House. If Uie amendment from the gciitlcmun from Hamilton was in order, he would ucerhilly vote tor it, as it was such a provision as he wished to sec incorporated into the bill. Air. Hatch asked leave to withdraw his motion, but as the clerk had commenced culling the yeas and nays, leave was not granted. The amendment was Uien rejected by a strict party vote, Mr. H. voting against his own proposition. Mr. Looko considered tiie bill a very iiuportuut one. The minority hud proosed amendments with a view of obviating its objections ble features, but from some cause they had been overruled. The bill proposed to treat as a nullity contracts mado under our luws, and rights held under thuso contracts. All kinds of negotiable paper were contracts, and the law vested in the holders ot such paper all right and title to Uie same, but Uiis bill provides that contracts executed ten months ugo by a bank for any purpose, and assigned to any one, was rendered utterly void and of no etlect In this respect the bill conflicted with one of Uio provisions of the Constitution. Mr. Schenck opposed the bill at considerable length, and read a communication mude by the former Board of Bunk Commissioners to tho Leu Ma ture in relation to Uie Munhuttun Bunk, in support of his position. Mr. Clarke addressed the House in opposition to the bill. Air. Bliss followed. Ho believed Uio bill uncon stitutional, and if it passed into a law would never be enforced by a judicial tribunal. It was legisla ting to till the pockets of bank luvontes at Uio ex- iM'iiNn (if Imiint tipnttlo. Messrs. Jenkins and McNulty replied, when the bill was ordered to be engrossed yeas do, nays the House adjourned. TueiMtnri Jnnnarr 'ilif INI'i. IN SENATE. Petitions, &-c tre presented By Messrs. Thomas, Natdi, AfclontielL and laylor. Mr. ford reported back the bill to regulatotlin modo ot collecting debts, against I urnpiko compa nies, in which Uie State is a Stockholder, with amendments, which wore acreed to, and the bill passed. Mr. Spunkier reported back the bill fur the relief ot Uwen Martin and others, which was referred to the committee on the Judiciary. Mr. Hartley reported back the bill to divorce Annas Whilaker from his wife rtiauo whitaker, which was hid on Uie table. The same pcntleman reported adversely to Uie petition ot Wnphia loting tor a divorce. i he some gentleman reported adversely to the pe tition of sundry citizens of Tnimbull county, rela tive to Uie abandonment by husbands of their wives; which was luid on uie table. Mr. Good in reported back the bill to incorporate the First Congregation of Diciplcs, at tulton, Stark county, which was ordered to be read the Uiird thno to-morrow. The same gentleman retmrted bark Uie bill to in corporate the First Regular Baptist Church in Berlin, trie county, winch wus ordered to bo read Uie third time to-morrow. The same gentleman reported adversely to tho pe tition of sundry citi.ens of Fallsbury township, Licking county, relating to the establishment of a certuin school district, and that Uio petitioners have leave to withdraw Uieir petition. Air. Henderson reported bark the bill to incorpo rate tho trustees of the Ohio Wesley an University, and it was ordered to bo read Uie Uiird Umeto-morrow. Mr. Nash reported back Uie bill to authorize the lircctors of school district. No. 10, in Falls town ship, Muskingum county, to sell and convey a nartof their school house lot, without amendment, and it was ordered to bo read the third time to-morrow. I Mr. Henderson reported back the bill to incorpo rate Uie town of Tilhn, in Uie county of Seneca, and it was recommitted to tho coinmittco on Koads and Highways, Mr. Crowoll, from the select commiltco to which was referred sundry petitions of members of Uie bur, firaying for a luw fixing permanently Uio time of tolding the Courts of Common Pleas in the Uiird judicial circuit, reported Uio same back, and recommended its postponement until the first Monday in Ueceiuber next, which was agreed to. liuls tntroiturtd and read the first Ume By. Air. Waddle, to lay out and establish a State road in the counties of Favette, Madison, Pickowuy and Franklin ; by Mr. Clarke, to extend the Ume lor the appraisal of school flection Kt, in Royalton township, Lucas county; by Mr. Goodin, to incorporate the Seneca Rail Road Coiimany j by Mr. Hoot, further to amend an act entitled An act to cst-ihlish an Asy lum lor tho education ot donf and dumb persons, and tor repealing all laws heretofore passed on Uiat sub ject;" passed March Ii, IKH. if tils rend tne third ttme ana passed 1 o incorporate tho Newark SL John's Gcnnan Evangelical Protestant church of Licking county; to lay out and establish a graded State road in tho counties of Morgan and Muskingum; to amend tho act of incorporation of Uio town of Felicity, in Clermont county I to incorpornfe the First Presbyterian church of Berlin township, Delaware county. The bill to incorporate the First Cumberland Pres byterian Church of Alexander, in Uio county of Athens, was considered in committee ot tho whole and recommitted to tho committee on Corporations. Mr. Root presented a petition from sundry citizens of Haysville, Richland county, praying for an early ad inurnment, wpirn wnsimd on the tabic, Tho Senate took a recess. 3 o'clock, P. M. Mr, Hartley moved to take tin the bill to prevent usury and rrgulato Uie roto of interest, which was stibsentientlv withdrawn. Mr. Snanglcr moved a call of tho Senate, wien It appeared that a number of Senators were absent, some of whom were excused on account ol illness or absenco from tho seat of Government, when fur Uier proceedings under the call weredisponsed with. On motion of Mr. Taylor, Uie bill to authorize Uie establishment of Poor Hou-ica, wus taken up and re committed tn a select committee of one, and Mr. Henderson that committee. Sundry bills from Uie House were read tho first time, when Uie Senate adjourned until 10 o'clock to morrow morning. HOUSE OF REPRESENTATIVES. The bill to amend the act regulating judicial proceedings where banks and bankers are parties, soas to allow Uio defendant in suits brought by batiks or their agents, to offset Uie paper of the bnnk for claims brought n gm nut them, was read a Uiird time, and uio question being on its passage, Mr. Hutch briefly replied to some remarks made by Mr. Schenck yesterday. He believed the charter of tho late Bank of GallipoHs was unconstitutional, and consequently its affairs would not como within the provisions ot' this bill. The amendment offered by lum yesurday ho wished hid been agreed to , he voted against it under a mistaken view of the decision ot Uie chair. Such a provision he deemed necessary to prevent frauds in cases similar to that of Uie present Bank of St Clair, Uie officers of which could, under Uie provisions of this bill, bring suit against Messrs. J. & O. H. Smith, and the paper issued by them could be set off against Uie cluim. Mr. Taylor here made some remarks in opposition to Uie bill, which will appear hereafter. Mr. Bowensoidhehad listened to the discussion of Uie bill with great attention, and the only reason urged in its fuvor was, Uiat it would prevent fraudulent assignments being made by banks about to fail or become insolvent. So far as it effected contracts already made, he believed it would not be enforced by the judicial courts of Uie State, and as far as it related to future assignments to be made by banks, he be lieved the purpose would be sccomplished by a bill now on Uie table to amend Uie act providing for the. appointment of a Board of Bonk Commissioners The question wus not between Uie debtors of a bank, and the bunk itself, but between the bill holders and the bunk. There wus a resumption bill pending in the House, and it would doubtless pass and become a law, and the probability was Uiat ten or twelve of Uie batiks of the stute would be unable to comply with its provisions, and this bill in Uiat coso would deprive the bill holders of those institutions, of all security for the redemption of Uie notes in Uieir hands. The trustees appointed to wind up their affairs, would be instrumental in promoting Uie interest of Uie debtors of such bunks, instead of Uie holders of Uieir notes, who would dispose of Uie paper in Uieir possession at a ruinous discount to Uiose debtors. Mr. Schenck thought enough had been said on Uio merits of Uie bilL lie only rose to call Uie attention of Uie House to a rcjwrt ot tho Bunk Commissioners made lust winter in relation to Uie Uunk ot Munhnt-taii, suggesting that tho law creating Uie Bourd bo so amended as to prevent the debtors of Uiat institu tion irom paying iu uepreciaieu notes in uiscuargo of Uieir obligations, the very thing the bill under consideration specifically provides for; and Uiogen-tleiuun before him (Mr. Hutch) was one of the members of Uiat Board. Under Uie operation of this bill, tho borrower of '.20,000 dollars, or any other sum, from tho Bunk of Gullipolis,or other fraudulent institution, and whose note has been assigned for the benefit of the creditors of the institution, can not only extinguish his debt with depreciated notes, but recover a judgment against those assignees for any balunco id' notes ho may hold in his possession and receive for them sjiecie or its equivalent Air. Olds wished to deprive gentlemen who advocate the bill of ono excuso they would make when rendering their account to their constituents. A gentleman (Mr. McNulty) hud declared the evening Previous that he would "go it blind" in voting for tho ill, and Mr. O. presumed there were oUiers who would assent to Uie measure in Uio sumo way. The excuse of gentlemen would bo that the bill was intended to compel banks to take their own pupcr in payment ot debts due them, and Hint they M ould say was the main object to be attained in passing it But such wus not the case, for banks were already compelled to do so by existing luws, and the framcr of this hill was wclluwarcof it Its true object was to take money out of the pockets of Uie creditors of a bank fur the relief of its debtors. After some remarks by Messrs. Powell and Bying ton, Mr. Jenlfins called for Uio previous question, which was ordered, und uie bill wus then pubscu by the following vote : Vkak MoMr. Addition, Rami, Brigc, nymgtnn, Cahill, Dunn, Kwiug, tiri-ni, (iiiltiih, ll.ilili, limdrrttm, IIrkin-U'rrv, JniiH-p,, Jcnkun, Jom-n, KnnliiK-r. Kcllcy ol P., killt-r;irL l.ctHiiiaii, l.yoti, Mrri'itilli, .Moore, Mrt'lo-kry, AM 'lung, Mi fomii-ll, MrViirhuid, MrNullv, Okvy, Uu'lli'iixfipri-cr, Hliarp, Hmilh il 1,., .Su-imInioii, vVatlcra, Workman. Wuod, Wnlruii. ami Sinker J7. Mavk Mi'wi. Ackley, HlUi, Bowrn. CliambeM, Clirun-willi, CniivriM-.t'ookc, Dmihnni, Kvaii, filler, tiiird, (in'Rorv. Hamilton. Ms" . itriK'.v "I .. l.awrciire, Med-ifirt mi, OliU, JVrluiu, Puwcll, I'rolta !, Hchnirk, Scoil. Smith uf ft, titrcuior, Titus, I iKlcjiiall' Wumcr, and Wliri'lrr :U. The bill to amend an act for the regulation of Rouds and Highways, passed March tcO, lNll, was read a third time and passed. A resolution was received from the Senate, for Uie printing of 5000 copies of the report of tiie Superintendent of Uio Blind Asylum, for tho use of the members of Uie General Assembly, and agreed to. The House took a recess. 3 oVoc, P. M. Mr. Jenkins from tho committee on Finance, reported bock Uie bill to amend an act amendatory to nn act for tho distribution of tho proceeds of Uie Virginia Military School Fund, and alter some remarks by Messrs, Lawrence and Olds, explanatory of its provisions, it was recommitted to a select committee of three. Air. Raifensperger, from Uie committee on Rail Roads and Turnpikes, reported back the bill to lay out and establish a State Road in Uie counties of Lucas, Ottawa and Sandusky, with sundry amendments, which was agreed to, and Uie bill ordered to a Uiird reading. Mr. oleott from the Judiciary committee, reported back the bill to repeul Uie churtcr of the German Bank of Woostcr, without amendment The several amendments mado by Uio Senate were then agreed to in gross. Mr. Hatch, from the committee on Finance, presented a statement of tho condition of the banks of Ohio, accompanied with ait abstract, which was ordered to be printed. Rills introduced and read the f,rst time. By Mr. Bliss, to amend the act regulating judgments and executions; also to encourage the culture of silk ; by Mr. Meredith, to lay out and establish a graded State Road in the counties of Muskingum and Coshocton; ny llu in i;ih Stewart; by Mr.Gregory.toincorporatctwo Baptist Societies in the county of Lawrence. Mr. Byington offered a resolution providing Uiat the House hold evening sessions unlit other wiiai ordered, for the solo purpose of considering bills in committee of Uie whole which was laid on the tuble. On motion of Mr. Sharp, it was lit solved, That a select committee of three bo ap- I -outlet!, whose duty it shall bo to inquire whether uio Columbus and Sandusky Turnpike Company have complied with the provisions and rcmiisitioiw of Uie act incorporating said company, and it it be louna that they have not, said committee shall inquire into Uie propriety of repealing said act, aud report by bill or otherwise. The following bills were considered in committee of the whole: A bill fixing tho timos of holding Courts of Com mon Pleas; reportrd back and recommitted. A bill to change tiienamouf Uie town of Wivnes-burgh, in Wayne county; ordered to a Uiird reuding. A bill tn amend the act incor uniting the Baptist Church of Dover, Tuscarawas county; reported buck, and ordered tea third reading. A bill to relieve Uio Supreme Court from serving us Bank Commissioners; reported back and recom mitted. A bill for the relief of Robert Williams J reported back, and recommitted. A bill to authorize Uie commissioners of Hclawaro county to correct Uio duplicate of Uie revaluation of property in said county j reported; dsck ana recommitted.The House then adjourned. Wrliirlnr, Jimwnry tftf, INI'J. IN SENATE. Petitions, $y., iprre presented By Messrs Aten, ! Godman, Clarke, Stanton, Lnthum, Crowcll, iord, Van Vorhes, Root and Hartley. Mr. Wuddlc presented a letter from Jumes Hoge, N. 11. Swaynu and John A. Bryan, directors of Uie institution for the Blind, in relation to Uieir salaries during tho lost your, referred to the committee on Public Institutions, This communication in substance states Uiat until they saw the remarks of Mr. Spangler, Uiey were not aware that a law had been passed repealing that under which the salary uf $100 each, was given to Uio Directors that on examination, Uiey found it in a short section attached to Uio appropriation bill of latt session. Its unusual place, they say, was doubtless Uie cause of overlooking it 1 he amount hoi been rctmidcd to uio treasury oi uio institution.) Mr. Waddle reported back Uio bill to incorporate Uie town of Titfm, in Seneca county, with one amendment; bud on tho table. Mr. Ford reKirted back the bill to lay out and establish a Sluto Road from Uellefontaiue, to Uie Indiana State lino, with sundry amendments; laid on the table. Air. Goodin reported back tho bill to Incorporate tho Wardens aim Vestry of Trinity Church, m Toledo, in the county of Lucas; ordered to be read Uie third time to-morrow. The same gentleman reported back the bill to in- corjmrote the First Cumberland Presbyterian Church of Alexandria, in Uie county of Athens; ordered to bo read Uie Uiird time to-morrow. Mr. Ford introduced a bill to incorporate the Wesley Clmpcl of tho Methodist Episcopal Church of Chngrin hulls, In the county of Cuyahoga, Mills read the third time and patsed To incorporate tho Trustees of the Ohio Wesleyan University; to incorporate Uie First Regular Baptist Church of Berlin, Erie county; to incorporate tho First Congregation of Disciple's at Fulton, SUrk county ; to au thorize Die School Directors of Falls townnhip. Muskingum county, to sell and convey a part of uieir school lot Mr. Spangler offered a resolution to go into the election of certain Associate Judges to-morrow, which wus agreed to. Mr. liuzeltine offered a resolution fixing on Uie 28th day of February, for Uie adjournment of Uie Legislature; and to meet again in extra session on Uie second Monday in June. Mr. Hartley moved to amend tho resolution oy striking out twenty-eighth and inserting Uoenty-Jirsl, wnen Mr. Spangler moved to luv Uie resolution on the table. After considerable debate on this motion, in which Messrs. Hazel tine, Spangler, Bnrtley, Walton, Thomas, and Root participated, Air. Spangler asked leave to withdraw it, for Uie purpose of moving to commit Uie resolution to Uie committee on Finance, which was opposed by Messrs. Leonard and Hazel-tine, and advocated by Messrs. Spangler, Walton and Taylor, Tho question on committing the resolution was Uien taken and lost yeas It, nays 21. Mr. Walton then moved to lay Uie resolution on Uie table; which was lost yeas 13, nays 0. The question was Uien taken on striking outttoen-ty-eight, and carried yeas 21, nays 11. Mr. Taylor Uien moved to recommit Uie resolution to a committee of one; which was lost yeas 11, nays l!i, J'he question was Uien taken on inserting the words u brent if;first,11 and agreed to yeas 22, nays 9. Mr. Taylor moved that the Senate take a recess, M-hich was lost yeas 15, nays 10. Ho then moved a call of Uie Senate, when it appeared Uiat a number of Senators were absent, some of whom appeared in their seats, and others were excused. Mr. Taylor again moved for a recess, which was lost reus lb nuvs 10. Tho question was then taken on the adoption of tho resolution, as amended, and corned yeas xo, nays 4. Hie question was then on striking out the "first Monday in June" as tho time for holding tho extra session, when Mr. Latham moved Uiat tho Senate take a recess, which was carried yeas 24, nuvs H, 3 o'riocL P.M. Mr. Hartley moved to lay Uie resolution on Uie table.Mr. Ford said Uiat only that part Uiat had not been acted upon could be laid uikiu the table, and that that part Uiat had been struck out and Uie blank filled und passed was now ready to be Bent to Uio House, The Speaker said he hud committed the first error, in deciding the question divisible; thut Uio two branches ot Uie resolution wero bo connected Uiat Uio lust clauso witiiout tho first would not make sense, aud therefore Uie whole resolution must be taken together. Mr. Hoot said Uiat he had feared the zeal exhibit ed this morning in the Semite Chamber in fuvor of au curly adjournment, would evaporate before Uio going down of the sun. He was astonished that Uie motion to lay Uns resolution on the table should come from the gentleman from Richland, and would like to hour from him what had come over his mind since this morning. The 2dth February was then too lute for him to adjourn, and now he moves to Jay Uie resolution on the table. Mr. Hartley replied, that ho wished to see the Court bill passed into a law, before ho would act on Uiis resolution. The question wus then taken on laying Uie resolution on Uie table, and curried, yeas J?, nays 15, Mr. Hartley ollered tho following resolution: Rtsofredtdiy the General Assembly of the State of unto, mar. jjamcu. omnney oi uicnianu county, be, and he is hereby appointed Register of Uie Vir ginia Military District School Lands, for the term of three years from and alter tho first day of Apnl, 142, whim the tenn of service of James Hedges, Uie present Register, expires. Mr, 1 homos moved to refer the resolution to Uie committee on Schools and School Lands. After considerable debate, in which Messrs. Bnrt- ley, Thomas, Goodin. Nash, Robbins and Foos parti- cipatcd, the question on Mr. Thomas motion was ta ken, and lost yeus 14, nays lit Mr. addle Uien moved to strike out Uio nime of D.J. Swinney, aud insert that of James Hedges, which was lost. Mr. Stanton ntoved lo lay the resolution ami amendments on the table, which was lost yeas 14, nuys !. Mr. Root Uien moved to refer the resolution to Uie Senators representing Uie counties in which Uie Vir ginia Military District behoof Lands are located; which was lost The resolution was Uien agreed to yeas 18, nays. 15. Mr. Taylor offered a resolution for the printing of IIK'O copies ot the Canal f und Commissioners' report. which was so amended as to print but 2000 copies, and then agreed to; when 1 he Senate adjourned. HOUSE OF REPRESENTATIVES. Hills Passed A bill to luy out and establish a State Road in the counties of Lucas, Ottawa and Sandusky. A bill to authorize the Commissi oners of Delaware county to correct Uie duplicate ol rc-valti-1 at ion of real property in said county, under Uie act of j March l.f, 1MU. a bill to chango the name of j Waynesburgh, in Wayne county. A bill to change the name of Uie Baptist Church of Dover, in Tuscarawas county. ' i'thtiotts iff re prestntrd hy Messrs. Bowen. Ackiev. McFarlnnd, Hutch ond Ewing. Mr. Bliss, from Uie conumtteo on Uio Judiciary, to whom had been referred petitions of citizons of Licking county, inquiring whether township treasurers are entitled to fees for acting as treasurer of Uie school fund, reported thut tho school fund treasurer ii a uiMincr. omce ana not eniuieu oy law to receive a compensation, and that tho trilling duties of managing Uie school fund are usually perfonncd free of expense. Air. Cuhill, from Uio commiltco on New Counties. reported adversely to tho prayer of certain petitions lor tne erection oi uio new county of r.nswotth. Mr. Hilary from Uio commiltco on Public Institutions, reported bark a report previously made and recommitted in relation to Uie enlargement uf the Lunatic Asylum, amended so as to come from a major ity oi u i hi cmiiin men, and also by the addition Uiat, iu Uie opinion of tiio committee, the nrimarv move ment in relution to the enlargement of said institution originated ina call made by a Medical Convention held in Columbus, and they would not sav that Uio political campaign of 1840 "had hud Uio etlect of increasing the number of lunatics in the State, but Uieiuctaoi the case were that Uie call of said convention, and Uio petitions on Uio subject, followed that canipnign. Messrs. Schenck, Clark, Powell and others, regret ted Uiat Uie conumtteo had attempted to throw ridicule on a subject of ao much imortance to tho pco- pio oi uie mate, tiy introducing political considerations into Uieir report The report wan Uien recommitted. On motion of Mr. Schenck.the resolution relative to Uie annual drawing off of Uie w.iter from Uie Mi ami canal, was taken tip and agreed to. On motion of Mr. Converse, Uio committee on Fi- annco wero instructed to inquire into the best mode ot paying the debts duo Uio laborers on Uie public worhs ot uie mnie. Mills intrwlueed and read thefrst time. By Mr. McNulty, to divorce Esther A. Grain from her husband Andrew UCnun; by Mr. Schenck. tn inenmorato the Dayton, Gennantown and Middletown Turnpike Company ; by Mr. Evans, to chango tho namoof Uio ion ui i iviiim, in i.iiiiiiui county. The following bills were considered in committee of Uie whole, n-iKirted buck aud recommitted: A bill to vest Uie duties or supervisor of roads and highways in the township of anosville, Muskingum county, in Uio superintendent of Uie streets of Zanes- vilie. A bill tn incorporate tho Grand Iodge of Ohio. A bill to authorize tiio county commissioner of Clark county, to subscribe to tho stock of Uie Little Miami Rail Road reported back, and pending tho consideration of which, 1 Tho House look a recess, 3 oVw, r. M. Tho question being on a motion of Mr. Jenkins to strike out all after tho enacting clause of the bill au- Uionzinir the commissioners ot I lark county to subscribe 50,000 to Uie stitck of Uio Littlo Miami Rail Road, Mr. McNulty moved to amend by inserting a pro vision regaling tho charter of said mad. Mr. McNulty said ho desired to vote for such bill. That corporation had violated the organic law of its being, and committed, innumerable fmuiU upon Uie people. fl he motion to strike out uns then negatived. Mr, Wheeler olfered an amendment authorizing said commi ssinnera, provided Uiey subscribe to the stock of "id rond, to borrow money on the faith ind credit of the county to meet the amount of such subscription; which was agreed to. Air. Byington olfored an amendment providing that noUiing in said bill shall be so construed as to allow I said commissioners to put in circulation any evidence ot ueot in the shape ot shinplasters ; or if Uiey did do so, Uiat Uiey be held individually liable for the redemption of Uie same ; which was disagreed to. After considerable discussion, another amendment was agreed to providing tiiut said stock shall not be subscribed for until Uie people of the county shull have expressed Uieir wishes in relation to Uie sumo by a direct vote to be given at Uie annual township election on the first Monday of April next Mr. Jenkins moved Uiat the bill be indefinitely postponed; which was Inst Ihe bill was Uien recommitted toasolcctcommit- tee of three. The following bills having been reported back by Uie committee of Uie whole, before hiking a recess, were disposed ol as follows: A bill to authorize the fund commissioners ot Ham ilton county to purchase real estate; recommitted. A bill to authorize the sale ot section sixteen, in Jackson township, Hancock county ; recommitted. A bill to change tho name ot the w unions ana Vestrymen of Uie Parish of All Souls, in Springfield, Clark county; ordered to a third reading. A bill to luv out and establish a graded State road in the counties of Knox and Coshocton; ordered to a third reading. X he House adjourned. Tbursdnr, Jnnnarr 97, JN4'4. IN SENATE. Petitions, Rrcteere presented Bv Messrs. Stanton, Godman, Vun Vorhes, LaUiain, Bennett, Nash and Koot Mr. Thomas reported back the bill for the relief of Owen Martin and others, with amendments, which were agreed to, and being further amended, won ordered to bercud Uie third time to-morrow, Mr. Bart ley reported back the bill to authorize the sale and conveyance of the public square, in the town of Jacksonville, in the county ot Adams, for purposes Uierein named, with sundry amendments, which were agreed to, when it was ordered to be read Uie third time to-morrow. The same gentleman reported back the bill for the punishment of certain crimes and misdemeanors, with sundry amendments, which were agreed to, and the bill, with amendments, laid on the bible. Mr. Goodin reported bock the bill to incorporate tho town of Bourneville ordered to be read Uio third time to-morrow. Mills introduced and read Ihe frsl time By Mr. Hazeltinc, to amend tiio act providing fur Uie np-poiutmont of commissioners of sewers in certain counties in Hub Stute, passed March 2filh, 1H41. By Mr.Goodin, to incorporate the First Freewill Baptist Society, of Uio township of Liberty, in tho comity of Licking. By the same gentleman, a bill to change the namo of the town of Petersburg, in the county of Richland. By Mr. Clark, to authorize tho auloof school section lfjjin Amboy township, Lucas county. Hitlt read the third time and passed. To incorporate Uie First Cumberland Presbyterian Church of Alexander, in Uio county of Athens ; to incorporate tho Wardens and Vestry of Trinity Church of Toledo, in the county of Lucas. The bill making provision for the enlargement of the Lunatic Asylum of Ohio was considered in committee of tho whole. Mr. Walton moved to strike out the first section, savo Uie enacting clause, which whs advocated by himself, and opjioscd by Alessra. spangler, Koot, Leonard, Hazeltino, Ford and Perkins. The motion wus afterwards withdrawn, and the bill was recommitted to Uio committee on Public Institutions, and The Senate took a recess. 3 o'clock) P. M. Mr. Iatham moved a coll of the Seuatc, which was ordered ; and two Senators being excused, further proceedings under the call were dispensed with. The Senate Uien proceeded to tho Hull of Uie House, for Uie purpose of going into Ihe election of certain Associate Judges, alter which Uie Donate re turned to their Chamber. The resolution of Mr, Clark, for going into the election of certain Associate Judges on Uie 2!th instant, was taken up, and Uie2cth instant substituted, when it was agreed to. Sundry bills were considered in committee of tho whole and recommitted ; and The Senate adjourned HOUSE OF REPRESENTATIVES. Rills Passed A bill to change the corporate name of the Wardens and Vestrymen of Uie Parish of AU Souls, in Uio township ol Springheld, Clark county. A bill to lay out and establish a graded State road in the counties of Knox and Coshocton. A resolution was received from the Senate for Uio printing of 2000 copies of tho Annual Report of tho Commissioners of the Canal Fund for Uio use of the members of the General Assembly. Mr McNulty moved to strike out "2000" and insert "4(100," which was lost The resolution, as it came from Uio Senate, was then agreed to. Another resolution was also received from Uie Senate appointing Daniel J. Swinney of Richland county, Register of Uio Virginia Military District School Lands, for the term of three years from April next, in place ot Jumes Hedges, whose tenn ol ser vice will Uien expire; which was agreed to. Another resolution was also received from Uie Senate for going into the election of certain Associate Judges at 3 o'clock, p. M. Uiis day. il r. Lawrence moved to amend Uie resolution by adding 'one Associate Judge for Uie county of Un ion; which was not agreed la Mr. Kelley ot C moved to amend further bv ad ding "two Associate Judges for Uie county of Cuyahoga.Mr. Byington demanded the prrrton question on the adoption of Uie resolution as it came from the Mcnatc, which was ordered, and tho main question being put tho resolution was adopted yeas 3U, nays 34. A communication was received from Uie Governor in relation to certain vacancies, which was laid on Uie table. Petitions, &'. twre presented by Messrs. Wood, Jen kins, Fuller, Wat tent, Cahill, Ewing, Sharp, Ratten-sperger, Green and McNulty. Mr. ISymgtniifimmUie couimiiteeon thcJudicinry reported buck Uie bill to punish certain crimes therein named, and for the prevention of a fraudulent currency, wiUi sundry amendments, which were agreed to, and Uie bill ordered tu a third reading yeas 00, navsOa Air. Henderson, from the committee on Medical Schools and Colleges, 1o whom had been referred petitions praying fur aid to the Medical School at Willoiighby, reported a bill for Uio aid of said institution.Mills inlrothieed and read Ihe Jlrri time. By Mr, Wood, for the relief of Fitzland Jennings; by Mr. GrittiUi, to authorize tho sale of school section sixteen, in Chesterfield township, Crawford county; by Mr. Ewing, to incorimrato tiio Fifth street Baptist Church of1 Cincinnati. The following bills were considered in committee of tho whole: To incorporate the town of South Solon, in Madison county ; reported back and ordered to a tiiird rending. To make special provision for the sale andre-val-nution of section twenty-nine, Mill creek township, Hamilton county; reported back and recommitted. To vacate a certain Stute rtwd in Delaware county; reported back and recommitted. To alter certain school districts in Burynts township, Crawford county; reported back and recommitted.To authorize the sale of school section sixteen, in Union township, Putnam county ; also in Union township, Hancock county. Mr. Schenck remarked that there were numerous bills of this description yet to be acted on by the House, and as Uiey were drawn up in almost precisely the same phraseology, with the exception of names, he would move Unit the two last bo recommitted with instntctinns to Uie committee to consolidate in one bill all of a like character to be acted mi hereafter.The bills were Uien recommitted, tiid the iiiftruc tions disagreed to. 1 ho. House took a rcccf. Glory in Prospect. A writer in the New Orleans Bulletin pnqHwes to take Mexico in revenge for Uio captnruof the Santa Fe Expedition. Hesayn "There aro twenty thousand men in tho valley of tho Mississippi, who would start at Uie sound of tho drum, and neither give sloep to their ejes nor slumber to their eyelids, till they knelt at Uie Godot 11 it-ties in the Temples of Uie Montezuma. I for one would willingly lead where any dares follow ; and I call upon General Combs, of Kentucky, whose sun was in tiio expedition, and the friends uf Kendall, of Uio Picayune, tu rally around the standard of free dom, and come to the rescue, yet ore an August sun shall gild the towers of tiie ancient city of Aminhuao, we will give 'civil and religious liberty to a auu'er-iiig and oppressed people, and expel every tyrant from UtotuU." WABASH AND LR1B, ANU MIAMI EXTENSION CANALS. In Sekate, Jan. 20 Mr. Barrett, from Uie select committee, to w horn the subject hud been referred, made Uie following REPORT i The select committee of three, to whom was referred certain memorials in relation to the suspension of Uio work on the Wabash and Erie canal and Uie Extension of Uie Miami canal, report: That the petitioners set forth in pretty strong terms, Uie great hardship that must be endured by Uie laboring class of the community, if tiiese worka are suspended. Of Uiis fact the committee aro well aware, when they find from Uie report of the Board of Public Works, that tiiere is due, for labor performed, Uie sum of four hundred and fifty thousund dollars. They further, as Uio committee believe, very correctly set forth Uie very great losses Uie stute must inevitably sustain, if Uie work is abandoned or even suspended for a lime. First : Iu the great loss there would be in Uie lare amount of destructible muturiuls now on hand tor Uie completion of locks, acqueducts, and other structures. Second: That the stute would be liable to contractor for damages tiiay must sustain to a very large amount, in consequence of a cessation of Uie work. The committee cannot express Uieir views better as to Uie consequences of a suspension of these works, without full payment to the contractors, than by using Uie langungo of Uie memorialists in the following extract: "The business and pecuniary interests of all classes of our people are directly or in directly connected with, and affected by, tho operations on the line, and a foilure here ia Uie parent of many failures and difficulties elsewhere. Our merchants have liberally supplied the contractors with goods, and our farmers, with produce and other tilings, on a promise to pay, at estimates, witiiout which, Uie work must have long since boen suspended. And, hence, it will readily appear, that in a community-like ours, where capital is scarce, and especially, at a crisis liko tiie present, when the pecuniary pressure it unusslly severe, long delays, and uncertainty in Uie estimutes, operate most severely upon all classes." One very strong reason in fuvor of the completion of the Wabash and Erie canal is, that Uie state, as it is admitted on all hutids, will receive, in Uio shape of tolls, a sum equal to six per cent, on the wholo estimated cost of Uie work being 2,047, KiU 07 ; whereus, the sum of $400,000 is all that is reouired. agreeably to the report of the Board of Public Works, to complete the work. Six per cent interest on the wholo investment requisite to finish this work. amounts to .,H2!J Wi, It is fuirto presume, judging from past experience, Uiut this work will pay, in Uie shape of tolls, tins sum, whereas, Uie interest on Uie sum requisite for tho completion of the work, is only $24,000. Thus, the stato would annually sustain a loss of :U'J0, which is equal to Uie completion of Uie work in less Uiun Uiree years, leaving out of view the disastrous consequences which mut ensue from a stoppage of Uio work iu its present un linisiieu stute. The sumo reasons will apply in favor of Uio com pletion of the Miami Extension. The wholo estimated cost of Uns work is $2,070,000. The interest of this sum, at six per cent., is l7ti,200; whereus, tho interest on the sum'of fe 1,047,0 12 07, the sum requisite for the completion of tliu work, is but $02,-ti?4 72. Thus it may be perceived, Uiat Uie stato would annually sustain alodsof 411j,32j 28, on tins work. Tho committee concur with the Bourd of Public Works in Uie opinion, Uiat if the work shall be susjwnded for two yours, (which, if suspended at all, must continue for Uiat length of time, at least,) Uie whole loss to Uio state will bo equal to a sum sufficient tu complete Uio work on tins line. The Wubush and brie canal may be completed by the first of July next, and in time for Uio early full business.Of the Miami Extension Uiere aro tiiirty Uiree miles not yet put under contract ; but Uio work upon Uiis part of Uie line being uf easy construction, nmy be finished at an early period, and at but little cost compared with Uie residue of the work. Moreover all Uie work iqun Uiis line Uiat has been placed under contract, is now so nearly completed Uiat, with tiie exception of two or Uiree sections, it might bu prepared for navigation as early as the first of August next The Board of Public Works very correctly remark, Uiat thero is one among the many plans Uiat have been suggested, w hich is worthy of the consideration of Uie Lcgislutuje which is the sale of Uie Wabash and Erie canal lands. (The committee presume Uie uoaru oi ruuuc wonts meant io include in the report, the Miami canal lands also,) They very prudently state Uiat the lands will not sell so rapidly as to enable Uie Board to complete the works witinn a reasonable time, and that it will become necessary to anticipate Uie sales, by an issue, from tune to Ume, of bonds or scrip, bearing interest and payable jwri-odically. These bonds muy bo received iu payment fur lands, and, as Uio amount will be limited, it is Uiought that their credit will be sufficient, without making Uie in receivable at Uie treasury in payment of other dues. From the report of the standing committee on public lands in the House, of December 2tilh, lt?4 1, it appears thero are Isnds unsold as follows: 340,. 3U1 30-100 acres, which, at four dollars per acre, amounts to 04. In view of tiiese premises, and as Uie only rational means, in Uio estimation of your committee, witinn Uie power of Uie state, to complete these works in any reasonable time, without sacrificing the bonds of Uie state ; your committee recommend Uie adoption of Uio following plan : r i rat: bet all Uie work, to bo paid in bonds of the state of Ohio, bearing an interest of six per cent Second: Have all Uio canal lands re-appraised, and every six months puttiioinup to public silo. Let none uf tiiem be sold for less tiiun Uieir appraised value, end receive the suite bonds as issued above, in payment oi uiese lanus, allowing to tne bolder Uiereof, the interest Uiat may be duo thereon. 1 bird : Any moneys received by Uie receiver or the land office for lands sold, to be applied to liftiiur tiiese bonds as Uiey may bo presented by Uie contractor; the said land officer to receive them at par. fourth: Ihe work done to be estimated montiilv by tho agents or engineers of the state. When Uns ii none, uio state oonus to do issued in convenient amounts for such work, retaining the usual percent age as a guarantee to the state uiat Uie work will bo completed. rifth: ror anv debt now due to contractors, and for the completion of those portions under contract, Uie state bonds, as above, shall be given in payment from tne character ot tho reference, Uie comnntfen dirt ratt fnl thfMi4nliM Mlhnrivart tn tntwvuliw n to carry out the plan which they recommend, ferfor ndotition the following raanhitinn: Resolved) 1 hat Uie standing committee on canals inquire into the expediency of reporting a bill in ac cordance with Uie plan proposed in Uio foregoing re port. For tho Ohio Suio Journal. CoLi'tini'i, January 22, 1643. Dear Sir : In your Reports of Senate proceedings of yetdcrday, it ia aid that tiio committee on New Counties reported back the bill establishing Uio Seat of Justice of Summit county, without amendment, and recommended its p issage." The com- millim nindn nn biii-Ii mnniinnn,li.ilnn Tk. mittee, not agreeing, simply reKrtcd Uie bill back without recommending any action. Several gentlemen are also said to have advocated the passage of the bill, "and amongst other reasons for voting fori), the result of Uio election last fall was given, w here Uie issue was made between Akron and Cuyahoga Falls, and decided in favor of Akron," Sec. This is also incorrect If Uie Report had been Uiat such issue was alleged to have been made, no exceptions would have been taken. But as public sentiment has been urged as indicating Uie propriety of pissing this bill, I pretest against Uie circulation of allegations as admitted truths, which have been publicly denied and abundantly disproved. I have no doubt that the errors abovo referred to were inad vert net ly made, but as they cannot be recalled, I ask that you will publish Una, and insert in your paper the following extract from a pamphlet recently pub lis hod, to Uie truth of which I atn ready to testify. Youm, E. N. SILL. To Ihs Editor of Ohio Stale Journal 'It moot invfl hftnn oherfd. thnt th InHiui whoso election is claimed as a test of Uio wishes of Uie eople, did not receive ont-hatf tff th wis of If rounfi. Tho number of votes polled t the election in October, 1HI0, wu 42f0(ince which time the number of voters bus doubtless increased.) Tho number received by Mr. Mnslding was 2005, and the number received by Mr. Perkins wt213t The only ticket supported in the county, besides the succrsiful one, (and tho Anti-Slavery ticket, huh received a small vote,) was a general Whig h'cAri,and not a local one. It was nominated al a general whig content tn aim Biuqioneu wituoui reii'rence to the local and un ion ticket, winch succee-iod. Ot Uie Uio two gentle men named upon this Whig ticket, ono was selected by ind from the Southern, or Akron, interest, and the other from the Northern, or Cuyahoga Falls, intsrwfctt and Uie returns of Uio election ml) show, that the f wero mainly supported without ry'snnu to load in 7