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a la t in oxiiL: ' o 1 ' . iff ,7 . - . ' -fit nuiiTrsra in . VOL. V. KNOXVILLE. TENN.: WEDNESDAY. FEBRUARY 24, 1875! NO. 48 LATEST NEWS BY TELEGRAPH. nashville" plnl u Knoxvllle bronlcle. Nasiivili.i, Feb. 16, 1S73 SCXATK. Mr. Jordan offered a resolution exclud ing Sundays from Ibe To days fixed by tbe Constitution for tbe section of the Logisla turo. By Mr. Marchbanks, a resolution in structing our Senators and Representatives in Congross to socure appropriations for the improvement of tbe Ter.nes.see and Cumberland rivers. By the rac, a bill to relieve delinquent tax payers from all penalties if paid by the first of July. 1876. Senate bill making betting on elections a misdemeanor, passed its third reading. A resolution pledging the honor and good faith of the State for the payment in full of all State indebtedness, principal and In terest, was made the special order for next Tuesday. HOCSK. Cummins introduced a bill to lease the Penitentiary at the expiration of the pres ent lease, the Governor and prison inspec tors to advertise twelve months previously for bids, the Penitentiary to be leased to the highest and best bidder. Senate resolutions in reference to tbe Cumberland and Tennessee rivers were ooncurred in. B. Mpvclftl I Kaoxvllle threalel. Nashvilli, Feb. 17th, 1875. BEXATX. Petitions were received from thirty-three ounties in the State, signed by over seven thousand persons, praying for a passage of stringent liquor laws. There was also pre. sented a memorial from a mass meeting, held hers last night, asking for the passage of a local option law. Senator Jordan was granted leave to withdraw his resolution offered yesterday excluding Sundays from the legislative term of seventy-five days. House bill declaring wards in cities, and towns, from six thousand to eight thousand inhabitants, civil districts, and allowing two Justices of the Peace to eaeh district, passed its third reading. Senate bill taxing dogs was discussed on its third reading, and finally re-committed to the Committee on Judiciary. It will probably become a law. HOl'SK. Senate resolution in regard to the Texas Pacific railroad was concurred in. b. pedal I Knoxvllle Chronicle. Nashville, Feb. 18, 1875. SENATE. Mr. Logan introduced a resolution pro viding for an adjournment of tho Legisla ture at noon on Monday next, in order to observe Washington's birthday. Rejected. The House resolution providing for tbe purchase of Bibles, Testaments and spellers for convicts in the Penitentiary wns con curred in. NEW MILLS. By Speaker Paine To make the new county of Wisdcm, to be formed of portions of Madison, Henderson, McNairy and Hardeman. The bill allowing juries to disperse in certain cases came up on its third reading, and was debated at length and then recom mitted. HOlSE. The resolution providing for the appoint ment of Commissioners on Fisheries was rejected. A petition was received from citizens of Washington and Carter, praying for the formation of a new county. A petition was received from the Home Insurance Company, protesting against the bill requiring Foreign Insurance Compan ies to deposit bonds with tbe Socrctary of State. Also a petition from the citizens of O rand Junction praying the establishment of a special court at that place. Both Houses adjourned at noon to visit the Insane Asylum. n. . Ststerlnl to Knoxvllle ( liroulrle. Nashville, Feb. ID, 1875. In the Senate the Committee on Com merce reportei a resolution instructing Senators and requesting Representatives in Congress to vote in favor of a bill to im prove the mouths of tho Mississippi by tbe Eads Jetty system. Cien. Quartos introduced a bill providing for the purchase by the State of the Her miUgo property, and tho erection thereon of a State Hospital known as the Jackson Hospital. The Senate bill to repeal tho conventional interest law was reported back by the Com mittee on Commerce, with the recommen dation that it be rejected. It was made the special order for the 27th inst. The Senate bill authorixing the election of a County Judge for Jackson county passed third reading. . HOUKK. Judge Gardenhire introduced a bill ex empting from taxation for ten years the Southern Slates Coal, Iron and Land Company of Kngtand for improvements made in Tennessee. Tho local option bill was recommended for rejection by the Committee on Tip pling, but passed second reading and or dered to be printed. The hill to repeal the conventional law passed second reading and was made the special orJer for Thursday next. n. Kurclnl to li no vllle lironlcle. Nashville, Feb. "JO, 187,"i. SENATE. Mr. Turley introduced a bill, providing for the distribution of tho funds of the Min eral Home Railroad Company. The resolution introduced yesterday in reference to the improvement of mouths of tho Mississippi river was adopted. House resolution directing the Governor to appoint commissioners to represent the State at the Centennial exposition was con curred in. noes. A petition was received from Lincoln and Moore counties, praying for protection from red fox hunters. By Mr. Jameson, a resolution directing the Secretary of State to proceed against the Nashville and Chattanooga railroad to recover certain damages due the State on account of the Nashville, Murfreesboro' and Shelbyville Turnpike Companios. By Mr. Mathes, a resolution providing for tbe appointment of a joint committee to investigate the Bank of Tennessee, and sus pend the salary of Judge Watson, tlx Trus tee, meanwhile. Adopted. Both Houses adjourned at noon until 10 'clock on Tuesday, in order to join in the demonstration here on Monday in honor ot Washington's birthday. B. CONGRESSIONAL. (! Mraalon Forty-Third ('narrem Wasuinoto, Feb. 20. NKNtTK. Mr. Flanagan presented concurrent reso lutions from the Texas Legislature asking pensions lor me sotaiers ana sailors or the Mexican war. Washington, Feb. 22. Mr. Morton moved an amendment to the bill reported by Ibe Committee on Privileges and Elections for counting the votes for President and V ico-1 resident. Tabled ayes 32, nays 30. Mr. Morton renewed his amendment. He said under the operation of the treatv the second joint rule objection of either House would suffice to throw out tho elec toral vote of a State,. The continuance of this rule might result in throwing the elee lion of the next President in the House of Representatives, and he wanted those who voted against bis amendment to understand that they would be held responsible for it, and in this connection he called attention to the fact that the Democratic Senators had all voted to lay his amendment on the table. The pension appropriation bill was cony sidered. no rs 2:. Washington, Feb. 10. The House passed bills for the relief of Albert F. Yerby, of Virginia, Koiilo Lo page, of Louisiana, Murk Davis, of Peters burg, Virginia, and Kandull Brown, of Nashville, Tennessee. Tho River nnd Harbor bill was reported to the House and referred to the Committee on Appropriations. It gives Mobile Har bor 2G,000, Cedar Key $15,001), Charles, ton 10,0(0, Savannah 70,000, Galveston 100,000, Mississippi 000 and Arkansas rivers 100,000 Mississippi between the mouths of the Ohio and Illinois 200,000, Ohio river 300,000, improvement at the mouth of the Mississippi 200,000, Red Fish Hay and Galveston liay 10,'.!00, Reel River Raft $10,000, Chattaboochie ann Flint rivers $25,000, Apalachecola $10,000, Checlo watchie $10,000, Cape Fear river $20,000, Channel in Oalvoston Bay $20,000, Sabine Pass $2,000, Warrior and Tombigbee rivers $25,000. The Secretary is directed to hare the work boue by contract lo the lowest bidder as far as possible. Washington, February 20. The House on the motion of Mr. Harris. of Virginia, inserted in a bill providing for biiiuuihi iiiuus iui peiisiunuis a provision repealing all laws that prohibits the pay ment of revolutionary or of the war of 1812 pensions, on account of disloyalty. ine House mused to go into a Commit- toe on the Tariff bill, and went into Com mittee on the Private Calendar. The Committee on the Private Calendar rose without reporting u single bill, and then the army appropriation bill was taken up and passed. Mr. Poland, of Vermont, from the Se lect Committee ou Arkansas Affairs, re ported it resolution, that it ii not advis ble that there should be any interference with govornment of that Ktuto, and gave notice that he would call it up for consideration next week. Washington, Feb. 23. The proposition to mako tho Texas Pa- citlc railroad bill a special order for next Wednesday evemug was ulso defeated. ilie bill to pay the awurds ot tho Soul It em Claims Commissioners (about $750,000) was pussi u. 1 lie bill to pav claims allowed by the Secretary of the Treasury was defeated. I ho bill for tho re-organization of the quartermasters' department of the army was passed. Undor suspension of the rules, tho House has passed the river and hurbor appropria tion tun, including many items lor tho Southern States. The testimony taken by the Louisiana Committee wae ordered printed for tho use of the House. WASHINGTON. Wvmiinoton, Feb. 19 The President has issued proclamniioh calling f,.r an ex Ira executive se-sion of Iho iSenuto lit twelve o'clock, March fit Is. Then- was a full Cabinet meeting to day The Consular and diplomatic appro priation was approved The House t'ominilleo reported fsvor ablyon the Texas Pacilic lUihoad lull. It was recommitted. The Hon -,- will giro a night session t. its consideration next wcclc. Wasuinuiox, 1). C, Fob. 20 The Balti more .Villi special says Hoar, Chairman of the sub Comniiiuee on Louisiana Affairs, will make two reports, one seating the e uminbrrs expelled hy the military and the other recognising Kellogg. Tho Library Commilieo heard General llenver's and others of tho Mexican Vetcr ii Association favor nn equestrian statue in honor of General Zachary Taylor. Tho Treasury Department received four million bonds from Kuropo losday for re demption and exchange. n asiiinotos, reb. Vi. Messr. llurke. Zachaiio and Leonard had a long interview with Wheeler and tho Committee. They are now with the President for his sanction of tho conclusions reached, when they will be telc'ianhed to New Orleans. .l,nr the Conservative caucus is in session for continuation. In the meantime details are lmtcccssitilti. The Caucus thin mnrnini? rn.iVin.l n.. ...... ...... ..!... V. V. II U .I'll" elusion beyond that they will dispose of the Mnnrnnriut mn Killj t.il....nl. .1 e -I I , . . .... a.,cj ivnv.ii iuviu uom the House and give Pinchback nnd the civil rights ad interim attention. The following nominations were made to day : Commodore liecd isto be rear ad miral and Capt. Hughes to be admiral. Tho report of the t'ommitteo on Flections stands six to rive in favnr nf 1 ranoa mil Sheridan. Lawrence contests the seat of ucnoral fiypher, and Sheridan was eon tealant Hiriii nut Pinthhaflr U.,n-u..At. live of the Stato at Large. The majority nao eiutu uy luree xseniocrau and three Republicans; tbe minority report was aiirned hv fivn RnnnMinane ini..H;n.. the chairman of the committee. ' TELEGRAPHIC SUMMARY. HOME. Nkw Yohk, Fob. 16. A cable dispatch to the fYeeman't Journal announces that Jos. A. Ilealy has been made Catholic Bish op of Portland, Maine; Thos. (iallerry, the Augustine Bishop of Hartford ; Kain, of narpcrs rerry, itisnop or Wheeling; Krant Bayer, Bishop or Green Bay ; Uur ly, Bishop of the See created for Pcona; John Ireland, Vicar Apostolic for Nebraska ; Seidenbush tho Benedictine Vicar Apostolic for part of Minnesota. And also that the Pope baa confirmed Boston, Philadelphia, Milwaukee and Santa Fe to be arch-Kpis. copal Soes. Montuomkry, Kub. 10. A Northern lady deceased, left Maj. Thos. U. Jones, of this place, a legacy of five hundred dollars, for the great service done the cause of peace and good will between tho North and South by bis Confederate memorial oration deliv ered here lust May. Baltimore, Fe"b. 10. Tho correspond ence between President Garret and Col. Scott has resulted in renewed hostilities. The Pennsylvania railroad has taken steps to shut out the Baltimore and Ohio road from freight and passenger tratlic north of Philadelphia over their Jersey lines. This means war to the bitter end. The quarrel involves the freioht nnd nass- onger tratlio Norih and West, and indi rectly aouin. It is stated that orders have been issued to the employoee in Now York of tho Penn- sylvan ia Central, to issue no tickets for points on the Baltimore and Ohio road, nor lo honor through tickets issued by the B. & O. road. The breakwater this eveniin? and this morning carried the ice out to sea and took many vessels with it. Part of these re turned this eveaing without difficulty. Tho Bark Cicnfugas from Havana for Philadelphia had her bowsprits stove in by the ice and sunk in twenty minutes, in live fathoms of water. Ike crew were saved. She lies about two miles south of Henlofen. Her lower guards aro iust under tho water. Steamers Williamsport, Kuttlesnuke, Ach illes. Centipede, Wyoming, Alliance and iieuer, anu me lugs UDarlcs, Lawrence, Bruce and Cynthia are here. Huntinoton, West Va., Fob. 17. The Governor has agreed not to veto the Cari- tal bill, and in live days it will become a law. On the 'adjournment of the I.enislature the Governor proceeds to Wheeling to make arrangements for the removal of the Capital. Wahiiis'ito.v, reb. 17. Information has been received kere thai a motion was made to-day hv II. L. Rusell, counsel for plain tiffs, liet.n,. Judge Bond, of the U. S. Cir cuit Court -i Itaitimoro, for an injunction to prohibit i lie holding of the municipal election of W ilmington, N. C, on the ground mai tno cnarier rocentiy adopted bv the Legislature of North Carolina disfranchises the negroes. The case is to be tried at Raleigh on March Cth. A man supposed lo be laboring under temporary insanity leaped from the dome ot the capilol to-duy to the roof of the main building, at least 150 feet His name is J nines McMnhon, a carpenter of this cil. I he dreadlul occurrence caused great ex citement. Philadelphia, Feb. 19. Train No C, east-bound from Columbus at 6:25 lust evening, met with a bad accident near Sieubcnville at 3 o'clock this morning, caused by n broken rail. A special car, witu the V ice-President and General Freight Agent of the Pennsylvania Com pany aboard, was ditched and burned. The two gentlemen were slightly hurt. PiTTslii RQH, Feb. It). No lives lost by the accident at Sieubenvillo. Vice-President McCullough had his legs broken, quite a number of others injured, and a number1 of cm s burned. New Oui.eank, Feb. 10. The neiroes are admitted in the High Schools. Twenty of twenty-two left. No disturbance. Mr. Ward, of Colfax Notoriety, who represents the Government Parish, was expelled for disorderly conduct. Voto, 40 to 9. New York, Fob. 19. Hnry Smith has been sentenced for ten years for perjury in falsely swearing that bo owned croDortv in order to go bail fur a friend. The lo.-s by the Port an Prince fire is about 12,000,000. Nearly two tbirda of the town J me. The Alps brings the delaiWf the fire. It roiimenccd at 10:30, and in short time nssiitnal great magnitude, the homes being princiiolly of wood, very dry, and water scarce. Three small engines, with hose "bout (lis garden siie, was all that tlin town had tolight the firo with. Scvim hundred fitmiliia were homeless, and tho place still l)in nii;g when the Alps left. I'll Uakki.I'Iiia, Feb 1 . At a special fi eiitg of the Board of Directors i I' the Peinnf Ivania Kailmnd Company, i lie po si'ion assumed by President Sen" I wns scc oi.iledand will bo supported. Cincinnati, Feb. 10. Tho Staikosch opera roneo )ot all their baggage by tho steulxuvilM aciilent. St. Pai l, K. b. 10 S. J . R. McMillen. eleclol Menatov. is the present Chief Jus tice ol the Suite and is a iiepublioaii. Nr.v YoiiK.Fcb. 22. An Oneanta, New York, dispatch says, three boys, M, 10, and 11 yairs of aso were frozen to death. Their parents forced thorn to peddle baskets when the thermometer was 2" degrees be low nro. When found Ihoy were dead, ly ing iu the road. The larger had his arms around tho neck of the younger. Ciii tno, Feb. 22. A train on the Chi cago, Rock Island and Pacilic Road, by a broke rail had one coach thrown off the track, which fell fifteen feet. Fifteen pas-senge-s were badly hurt and one killed. Thn Tribune t specials say Minister John lay is to bo superseded by Hon. Sod love S. Orth, member at Large from Indi ana, Chairman of the Committee on Foreign Atl'airs. His name w ill be tent to the Sen ate at'er (he 4th of March, and will leave for hii new duties soon thereafter. Chi auo, Feb. 22. Wahl Bros'. Glue Works, covering eight acres, on 31st and Lanea-ter Avenues, have been burned. The lot is $450,000; insurunce only $M0, 000. Nrv York, Feb. 23. The veterans of the WBr of 1812 lo the number of about twentj-eight, under oommand of General Henry Raymond, were entertained at a diunei to-day by officers of the sixth regi ment in the Germania Assembly Rooms. Thoir iges varied from 70 to 85 years, and as the; tiled in their names were attached to a petition praying for the passsgo by Congress of the bill for an allowance for men who served in the War of 1812 over thirty days and widows married prior to 1825. t'OHKIUN. Lomioh, Feb. 17. It is reported that John Mitchell will refuse t take tbe oatb of allegiance. It is also said that the Home Rule members will refuse to support Mitchell; his policy differing from theirs. At a meeting in Tippernry, it was declar ed that in ease Mitchell was rejected, they would again return kim. London, Feb. 17. Disraeli will intro duce a resolution, declaring John Mitchell inclligibie.. London, Feb. 19. Five men-of-war nt Kial are, orderod to rendezvous for im mediate service. The officers and crews aro not allowed to go ashore. It is sup posed they will sail tor Spain in case of turtiier delay or satisfaction from Spain for the Uustnv outrage. Ihis movo will prob ably force Spain to resume active opera tions against, tho Cnrlists. It is stated that John Mitchell's son, who was a captain in the Confederate army. will be returned from Tipperary should he be disqualified. .Mr. hickham, a released reman, will be invited to stand for le couniy. .Mitchell is reported seriously ill,incoise quence of the excitement of his electiin. Madrid, Feb. 22. The reported cofiinli- ctionsa between Germany and Spain, ovr t he uusiav Hiiair is uenieu. f Tho J'olitit'al asserts that the "infoiuni ty lo be paid lo the relatives of the f ictims of the Virginus affair is fixed at eighjy-four tuousaml, and that tho convention Ivill be signed when Cushing presents his Creden tials to the new govemmsnt. Duiilin, Feb. 22. John M issued an address to the Tippers ficll has electors presenting Inmseir again tor At a meeting in Tipperary it ' to support liim. Ills believed t'liament. resolved i will havo no opposition. Lo.ndon, Feb. 22. Zanziba 7 id vices state that a fleet of British men-ofvur bombard ed snd captured Fort Wonijfiziquo, on tbe island ol wombaz, on east coast of Africa. The engagement f-ted tiro hours, ana the garrison lost sev killed and had fifty wounded .ave ships, with three hundred slaves at d, werecoptured. Beki.ui, Feb. 22. of the principal measures to check ration is the pro ia foreign account, hibition of eulistm by payment of Miliums. It is specially directed against I '.zilian agents. tnllunnl Bank Bill. Tho Co'inittee on Banking and CurreneyJfias Imd for some time under conaideyftion various propositions to lurtiievreguiute national iianRs, anu liaveirtually agreed upon a bill which is hriWantially the same as that of Mr. Mayiiard, which was introduced ou the 8tli inst. The Committee has the power to report at any time, and will probably report at au early day and press their measure to a vote. As the Committee is unanimous, it is) sup- tiosed that It will lie aide to puss the lill through the House, with a chance for it to g'i through the Senate. The lull makes material improve ments iu the present hanking act. Iu i)i first section it removes t lie restric tions in the present law by which hanks having a capital over one mil lion dollars are funned in their circu lation to hi), 75, and 00 per cent, of Bitch capitul. AM hanks will, tinder the new lit 1 1 . be ulloweil a circulation ctjiinl to SiU ir cent, of the paid up capital. Section two provided for the appoint ment of a receiver to wind tin a bank. upon application from any judgment creditor whose judgment is unsatisfied. Section third provide that when any association lias gone into liquida tion, the individual liability of the Bhurrholdera may bent once enforced hy a hill in equity. ly any creditor. As the law now glands this can not he done uutil the receiver has closed his account, and in one case this has last ed four or ttve years. Section fourth provides for better en forcing the payment of assessments by delinquent shareholders by selling their stock at public auction. Section rifth excludes liability for special deposits In sealed packages or locked boxes, unless a recelnt shall be given liy the bank admitting its liabil ity. There are over sixty suits now pending nwallist one bank for such li ability. Section sixth requires (under penal ties) of saving hanks and trust com panies (organized under an act nf Con ic ress) all the resirls lo the Controller now requited of national banks. Thl provision Is suggested bv the experi ence of the Freeilmeii's Hank. Section eighth provides for the ap pointment of hii agent bv the share holders to wind up tlie a Hairs of the bank alter iie claims of ouushle credit ors and noteholders shall have been duly provide! for. Section nine provides that when the moneys in the hands of a receiver are not large enough for distribution, the money on hand shall be invested by the treasurer In United States bonds, so as to yield an interest to the credit" ors. OI R MMIVII.I.K I.F.TTKK. HrniiEer-nnK I.nw ninernl Home llnllrnnil-f'roslhltlPii t'onilrls, i:tr.. V.iv. Nashvii.i.k, Tknn., Feb. 20, 1S75. From our i-itcial Correspondent. Our Granger friends are moving things. Through their efforts no doubt a law will be enacted by the present Legislature providing for a tax on dogs, thereby giving protection to wool-growing, and also relieving the country of the support of an army of 250,000 dogs according Kllltbrew who udd nothing whatever to the wealth of the State, but detract theie from at a rate absolutely alartly. So far, so good, but when our Granger friends get to tampering with the money question, they are tampering with something which they know very little about, and something which intimately and vitally concerns every other business Interest of the State. And that's just what they are doing now ; having secured the introduction of a hill providing for a repeal of the conventional interest law, which bill has passed two readings in both Houses and has been made the special order for next Thursday In the lower and for Saturday in the upper House. The vote by which it passed the for mer stood, 42 in the affirmative, agaiust 10 iu the negative, and no doubt this is fair indication of the status of the measure In that body, so that its passage ou final reading iu the House may be confidently relied upon. The bill is not viewed so favor aide iu the Senate, and there is not much probability of its becoming a law. A measure more suicidul and disastrous iu its effects it certainly never entered into (lie heart of a Grauger, or auy other man, to conceive, for it is money this State needs at present, and it is money she will not get if bills of the character ot the one iu question are to go upon our statute books. The law with regard to the hire of money is good enough as it Is, aud it is very evident that its repeal will not accomplish tlie purpose the friends of the measure have in view the securing of investments Iu farms aud farming operations. The mere fact that a man having a surplus of cash can make a better profit by lend ing it, under the present law, than by the purchase of real estate, has had but little to do witli making farming in this State an undesirable and un -profitable business if it is unprofita ble, when' properly aud intelligently engaged iu, which I very much doubt. wind! wind!! It would be a refreshing and novel experience for a State to convene n legislature composed entirely of able experienced and couscieucious men- men who would tie promptly in their seats at every roll call, hold two ses sions a day,keep their seals when they had nothing to say, and who when they rose to their feet would talk di rectly to the point aud then resign the floor. But such a legislature never was convened and probably never will be. Usually a Senate is composed of men who have a proper appreciation of their position and the duties they are called upon to perforin, but this is the case, ordinarily with not more than one third of the members of the Lower House. Of the seventv-live members of Tennessee's present House of Rep resentatives, half a dozen are wind bags; about twenty are workers, and the rest are mere figure-heads, who do nothing beyond 'oting, seconds, culls for the ayes and noes, which the six wind-bags make in order to tint the score of workers on ' the record," and draw their fay witli promptness ami dispatch. 15ut 'twas ever thus, aud, as 1 said before, it probably ever will be. Of the working members, Kat, Gibson, Lea, Gardenhire, Ledgerwood and Noblitt, are, perhaps tlie most prominent. Kast is one of the best lawyers und shrewdest men in the Stale, und would bu the acknow ledged leader of the House, but fur Gibson's superior ability as a parliamentarian. Of course Gibson would not be recog nized as a leader by the sixty-nine Democrats, as he is one of tlie six lie publicans of the body, and is conse quently oue of a helpless minority not helpless either, as an examination of the laws perfected by this Legisla ture will doubtless show. He is al ways in his place during tlie sessions, is always on the alert, and few of his fellow members care to tackle him in debate. Gardenhire is an old man, but his delivery is not good, and he talks too much. For instauce, when the local option bill was before tlie House on second read ing yesterday, he made a two hours speech in its favor, when he ought to have boiled his points down to a talk of not more than twenty min utes, in which ease he might have hoped to have effected a lodgment with some of them, in the minds of his iiearers. When he began his speech yesterday, one of the reporters sitting at the table assigned member of tbe press, remarked: " He's good for un hour, at least." THUS r AT K KK V KN f K And how it shall be collected are sub jects of paramount importance, nnd several elaborate assessment bills have been introduced to-day. One was In troduced in the Senate by Overton, which provides that assessments on real estate are to be made every five years, and ou personal property yearly. Provision is made for an assessor of real estate and au assessor of personal property hy the county court. The bill exempts all notes, due bills, anil other evidences of debt for the payment of which real estate is pledged, where the real estate is assessed for taxation, and makes other exemptions not contained in tlie present law. It requires merch ants to report to the Clerk of the Coun ty Court I lie commission or other com pensation earned by them every three mouths, and, in lieu of all other priv ilege taxes, must pay one-half of one per cent, to the State, and one per cent, to the county, on the amount so earn ed. Where a merchant's stock of goods does not exceed a thousand dollars, be. must pay M0, one-third to tlie State and two-thirds to the couuty. Taxes are to be paid on tlie average value of stocks on hand, instead of the highest, and is now required. I'OfNXY WOKKIIOf.SKS Will certainly he established In Ten nessee within the next two years, if legislation iu that direction can accom plish that purpose. Several bills on the subject nave been introduced, two 1 of which one drafted by Logan, of the Senate, and the other by Gibson, of the House seem to be carefully drawn, and one of the two will cer tainly become the law, ta the decided advantage of the honest, law-abiding citizens of the State. THE MINERAL HOMK KAILKOAI). Senator Turley introduced a bill to day for tbe distribution of the funda collected, and to be collected, from the indemnity from the sale of the " Min eral Home Kail road Bonds." This bill provides for the distrlbu tiqjniot the funds collected by the auth ority the State, aud to be collected, aud shall be distributed through the courts of the State, as provided for in the Act of February 1st. 1H7.T unit !. Rig nates tbe Chancery Court at Nasb- vuie, empowering me jutiyp or said court to hear and lieterroiiv the rights or individuals (or State) to tbe funda Collected, with the right of appeal as iu other civil suits. ' This bill follows a bill introduced the first week of the session, by Sena tor Turley, which passed its third read ing yesterday, askiug for a court of proper jurisdiction to settle the rights of individuals holding those unfortun ate bonds. The legality or illegality, touching tbe issuance and repudiation of these bonds, may be questions that will come before the court. FKOST BITTKN CONVICTS Were asublect of levlslMtiim ut V. day, a resolution being offered by Seu- iiwr u-oii,uireuiing me 1 eimeiiuary Committee to inquire into the truili or falsity f certain rumors to the effect that convicts had been badly frost-bitten while at work on railroads, in con sequence of being insufllcieiilly clad. Iu offering- the resolution, Wilson stated that lie had been out to the pen itentiary himself the day liefore; that he hail seeu tlie convicts referred to, and that they bad been seriously injur ed by cold ami exi.nHure. The resolution was adopted, eiiti ..-ed and transmit ted al once to 'Ii,- i l..orie. whero it whm concurred in hum diatolv. aud there tli- mailer lest-. A portion of the I'.-i. Herniary I'om uiitfee started on an 1 ii c ; iatinir lour to Knoxvillp K- Hu e Mines, and other points iu Kast Tennessee that night, and have not i returned. Possibly the proposed invent igHtioii will take place this week. Let ns hope so. NK.VT MONDAY There will be no session of tlie Leg islature, both Houses having adjourn ed over to accept an invitation extend ed to tlie members hy tlie city au thorities, to join iu a celebration of Washington's Birthday. it. What II HmuM. The address of tho Democratic mem bers from the South aud Southwest to their constituents, which we published yesterday, is as very a piece of political detnagogery as men occupying such places as the signers of it do ever put their hands to. Tho assertion that tho "Southern people'' are suffering "provocation and wrongs" that make the present " fearful," and which it, requires "heroic patience " to hear, is ridiculous balderdash, if it is not Intended to suggest mischief. We are inclined to think that it will be gen erally interpreted simply to mean "for God's sake don't kill any niggers till after this liadical Congress adjourns, whatever you may do afterward." Louisville Cummcriial. loilf or KleelliiK l"resllenl. Mr. Harrison, of Tennessee, presented an elaborate report to-day from tho Comuiitee of Kluctions, with a bill providing f.-r an amendment to tho Constitution providing A lor a change in the mode of electing the ? President and Vico President of the United States. This Bill is now beforo the House, and likely to lead to a discussion of an interesting nature, though it is very doubt ful whether the legislation coiitemplatod.or that favored by Mr. Morton, call be imssed at tho present session of Congress. h'oi inytvii Dispatch, 17r7i. Only a woman's hair! Who has not, some lime iu his life, picked such it golden thread from his best coat collar, and felt ills heart beat the quicker for it ? Or gazed upon a tress laid nway in some nook, and not felt the influence of tender memories ? Ouly a woman's hair ! and yet we don't like it iu a bls ouit.