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DIiBATH ON THE BANK REPORT. I rkhakks or MR. ciAYT (of Georgia!) ” , Mr. Ci.ayto.v said, on presenting the re-) port of the Bank Committee, he expected the j course of proceeding which is usual on such! ••cessions ; but it seems that every thing to-1 luting to this question is to be treated differ- 1 onily from other subjects .which generally fall under the notice of/this House. 1 have al- j ways, said Mr. (f. understood that when the J minority ofa committee were dissatisfied with ! a report, tnayie by the majority, they possess- j <ul the privilege to present a counter report, j but never before, and I shall he sale in assert- i ing the fact that it is unprecedented, Inis it i bean know n that a member of the committee was permitted to answer a report by com menting upon its facts or reasoning, before j it is read to the House, or even those facts! >r reasonings are known to a single member. 1 If 'his be the usage of the House, and if these : romurv :t intended to break the force of the j report when it comes to be known, then 1 i have t lie right to claim, and do claim of every | ne. !> r u > ins heard these ;vm irks, losu-- , y in until he obtains a full knojn < c ... ic r. >rt. 1 feci as if I ask nothiijg in the request w uch liberality, disinterested- i ness, and a higiilninded sense of honor of tlfts House will not readily accord. I would much rather the gentleman should have taken time to have made his counter report. This .1 eapeebed, but the course pursued, I must say, is not only unheard of before, but is mi- j fair. If, in future, reports are to be answer ed by discussions of their merits by the minqr itv, before they are known to the House, it is perfectly idle for committees to make those reports. Who does not perceive the obvious futility of such a course on the part of the majority. This discussion I expected ,to moot when the question came fairly before the House, and when it should be fully pos sessed of all the facts of the report. 1 am, tiiereforc, driven to the necessity of answering the gentleman’s exceptions. I owl? it not less to the committee of which I have been the chairman, than to this House, to explain all the points to which objection has been made, premising that, in my opinion, j it will require all the ingenuity of the/gen tleman, as well as that of the friends of the i bulk, to relieve it from the stubbornness of j the facts which will soon come to light from ! tiie document just submitted. The first objection to the report is, that it Las been submitted for inquiry, whether tlie selling of American coin, by the bank, is fti ''filiation of the charter, the 9th fundamental rule' of which forbidding it to deal in any thing “except bills of exchange, gold and I silver bullion, or the sale of goods rtally and j trul;/ pledged for money lent, or goods the j proceeds of its lands.” Th.c gcptlcman says i that thfc hank obtained the advice of counsel, j who gave it asThcir opinion that foreign coin was bullion, and tiiereforc the subject of traffic. And he infers that, as , foreign coin is bullion, in which they can, .lawfully trade, he sees no reason why they inayi nut ♦mde ip i American coin this way.,, •vivi.'-atitiie geverii inent has attempted to fix the value of gold at fifteen times that ofsilvet, when in truth it is 10 to 1, the bank may fairly buy and sell under this latter estimate*. 1 5 ■*_- ‘ . The object.jvas brought to; the consul erq of the coi.mlfiltae by the following circinh stance:~'i'l)jcy ascertained that tho-Bank had made the General Government pay two pet “cent, upon 10.001) Spanish dellais,’though it had milhoiis on doposile, which it wanted for . jfit: use of flic 'navy op \ a cruise to South America. They asked the President why • iiis was done? lie answered, because Span ish dollars were considered 'bullion, and the bank could trade in bullion ; that they were only compelled to pay in legalized coin, American coin, thereby virtually acknowledg ing that American coin was npt bullion, and if iu>i bullion, the bank, under tlio rule just quoted, had no right to traffic iu that article 1 . Nothing can fie plainer; and, Mr. Speaker, tvho does not perceive the most dangerous j consequences that must result from such a 'practice ? Is it to be put in the power of the bank to alter the value of coin established by hwl when the Government has said, for purposes best suited to the wants and condi tion of the country, that the (join, shall be worth so much, the bank shall say we will defeat that regulation and give another- value to it ? Shall it he said that the metallic cur rency of the country, established for tlie ex press purpose of givrng-Qeflaiu and fixed value to property, may be changed by tho specula- i tioiis of a moneyed corporation ?. Shall it be j considered that there is a Government within this Government, whose power-extends to the alteration cf the value of the lawful coin of tne-country ? A Government, the more powerful because its whole epergy • consists in tbe use of its money, and -which wields annually more than three hundred millions of money? What monstrous consequences must flow from such a power! How unsettled ■and fluctuating must be the value' nf proper ty, if a moneyed institution shall Iv allowed to raise and depress the established coin of the Government at pleasure ? 'And this they can do at their pleasure by means of its vast influence over the currency of the country. 1 put it to the House to consider well this matter. If a former committee; investigating the affairs’of this same bank, reported to Con gress that the buying and selling of the- lulls of the State Hanks was in spirit’d’not in terms a violation of thq 9th fundamental rule bo fine mentioned, how much more so must it be to barter in the legal coin of the country • 1 Let me rsk what use is there for that provision of file Constitution which gives to Congress the right to regulate the coin of the Government, and the value of foreign coin, if such its regu lation depends upon tho mere will ofacorpo r. *ion ? W hycioes Congress so expose its weakness by legislating on this subject, if that legislation is not regarded, and may be controlled by a great moneyed institution 1 .There is such an absurdity in the very idea .<!. this efficiency of the Government to give a l.jual value to its coin, that it would seem TviV'tfv'duofigttfto mention the fact to iuos*. universally reprehended. Then it is a it?:t that one of the statements will show, up pended to the report on your table, that the j bank has sold rf4,000 dollars of American j old com at ditlereiit times, and for different premiums: ThCs.coml objection to the report,is, that it complains of the bank having sold Govern- i merit stock, and it is asserted that such pri\i- j lege belongs to that institution.- ’J’lie cam- , mittec have not affirmed that this Ls a viola- i I tiou of the charter, but they believe it a sub- j ject well worthy of the consideration of the i Mouse, and flu: case i-sthis: In the years J 1821 and 24, the Government obtained two i loans from the bank, one of 4,000,000 dollars * at five per cent, and the other of 5,000,000,! called the Florida loan, at 4 1-2 per cent. — Vv hen these loans were proposed by the Gov ernment, there Were other bidders for them i besides the bank, who offered the Govern- j merit a premium for them, but the Govern ment preferred Jetting, the bank take them at J ;>ur, upon the alleged ground* that inasmuch as it was a holder of stock in the bank, to tlie amount of one-fifth of lfs capital, it would be ifioro to its advantage jo participate as a part <r in the profits of the loans, by which it would be partly enabled to pay the interest of j tlie stock, than it would be by letting indi viduals have it at a premium. Upon this j condition, then, and upon the distinct under-! standing, that the bank had the means of i taking it and holding it, as will be seen by a letter on your table, was it preferred, and other bidders rejected. The bank had no sooner obtained the stock than it commenced selling it. Now who does not perceive the violation of good faith in this transaction ? The bank, and certain individuals present! themselves as bidders for the stock, the latter! offering a premium, the forinor urges its claim ■ to the Government to be preferred, because of the interest which the Government holds j in the bank ; it succeeds in its competition, and then turns round and sells the stock to ( the very persons who bad been contending I with her, and pockets the premium which had just been offered to tiie Government. — Such a proceeding cannot be sanctioned by any principle of common honesty. The charter | has prohibited the bank from dealing in j stocks, unless positively permitted by law.— | In the charter, it is true, a part of its capital j was authorized to bo subscribed for in .the : funded debt ol the Government, which by j (hat same law, they were allowed again to ‘ dispose of; but not so, with regard to the stock I have before described, and ought not to be so for the reasons I have before men tioned. It would destroy all competition for the Government loans, and place it complete ly in the power of the bank, to speculate upon its necessities in times of difficulty. The third gnund of objection to the re i port is, that it complains of the bank’s having | made large donations towards procuring in | ternal improvements. Here the gentleman j has the candor to admit that it has no right 1 (o make such donations, but he supposes, for there is no proof of the fapqjtliat it has been doiie to increase the value of some large real estate in the neighborhood of the improve : merits belonging to the bank. Can it be pos sible- that one who contends for strict con struction of powers—one who believes that constitutions, or written authorities, by which given agents are to act must be strictly pur sued, can admit that such agents may derive powers not granted on the score of cither convenience, interest, or even necessity it self? Such a person has no longer a right to complain of the (aritF or any other exercise of power diawn from the Constitution by virtue of the construction tiiat it promote* the gen eral welfare. Tlie charter gives no such power to the bank, nothing like it can be found in that instrument, and if that is the grant of its powers, beyond which it is not to act, it has as clearly violated its charter as if it had made donations for internal inprove ineiits where it was not interested, which the gentleman virtually admits would be the case. It appears, by a statement on your table, i that the bank has made two appropriations of 1500 dollars each to turnpike roads; one in Kentucky and one in Ohio. And, sir, this was after the General Government had re-; fused to grant Such aids to similar objects.— ’ .Who does not perceive the purpose of such j generosity ? The President had put his veto ■ Upon such appropriations for many reasons', j ' hut especially because he could find no an- j , thority for.it in tho Constitution of his conn-' j try. He chose to act strictly;up.to the char- j j ter of the Government. This doubtless pro- j j duced considerable feeling in that quarter j j of the country where the aid was sought, and i j the bank, profiting by this excitement,,with j a view to make friends' for itself and enemies I to its political adversaries, put forth its liber j ality under all the advantages of strong con ! tiast, and designed it to speak a laneuage j like this—the President has disappointed j you, but we will come tq your relief. Sir, I even if tho bank qould give away the money ! of the other stockholders, what right has it to | approprinte.thc money of the Government to ! stick objects, when tlie k Government itself i will not do it, nav, dare not do it, if it regards 1 its written. Constitution ? The.bank- has been ’ f established, audi* holds its charter under the j express admission that it is a part of the Gov. I erifiitent’, that it is connected with the Tr.casu -Iry Department for the purpose. of collecting: j and disbursing the public moneys. That but ! for its necessity for carrvirig into effect cer- J tain express powers of the Constitution,, it : could not legally exist. Now, Sir, if this he true, how dare this subordinate branch of the Government to take from the public the money of the people; and apply it to objects which their immediate representatives have positively refused? . . Mr. Speaker, who docs not perceive the danger of such a power ? What! a great mo lded institution dealing in untold millions, and controlling the w hole currency of this vast country fioin one end of ii to the other, so as to be able to change even tho value of the regulated coin of the Government, shall take the great subject of internal improve ■ incut under its direction ! What city, or e . von country, is safe where it shall Choose to I exorcise this powerful influence ? Between j contending commercial rival cities ' for the'trade of the country, is it not plain toi mmmm every one that wherever it throw** a weight, the antagonist interest inu*t immediately fall? Nay, sir, whole .Stateseoukl not with-* stand its power; and they may be "robbed of their lawful and natural trade lor some more favorite State, by the intervention of this ir resistible and all commanding influence- These . were the objections to the report relative to the violation of the charter. There are three others in that document, against which, I presume, nothing can be said. Tim gentleman then proceeds to mention other objections of certain charges of mismanage ment, and the first is in reference to what is said concerning the branches of the bank. Upon this point, I w ill refer to the report it self, and patiently wait until it can be read and rely confidently upon such examination for a refutation of the argument just advan ced. The second objection i3, that the re port has drawn a comparison between the sit uation of the bank now and in the year 1819, when it nearly failed, calculated, as he thinks, to do great mischief to tlie bank. This, 1 cannot help, and if the comparison be true, and like causes produce like effects, it is time for the government and the country to take care of the consequences and to be prepared for any event. The bank, like all other commercial establishments, is subject to direct demands that cannot be postponed, and it must have immediate meant to meet these demands. The first, the direct de mands, are Us circulation, by w hich is meant its bills afloat—the deposite which the gen tleman forgot to mention in his calculation, and its debts in Europe. The last—its im mediate means, arc its specie, the bill of oth er banks, and its funded debt. The report will show, that in 1819, its circnlation, de posites, and debt, amounted to 14 .millions, 1 and its specie, State bank bills, and funded debt, amounted to 10; the proportion being only as 10 to 14; and yet, under this differ ence, it produced a panic in the country which will be long recollected. At the present time, its immediate means 6,800,000 dollars in specie—about 2,700,000 dollars in State bills, and funded debt none! ; making an aggregate of 9,500,000 dollars to meet —what? 20,000,000 dollars dollars of circulation, 17,000,000 of depositee, and 2,- , 000,000 of foreign debt, making, in round j numbers,an aggregate of 42,000,000 dollars! 1 forbear to make any comment upon a con dition like this. There is a terrible suspen sion of discounts and a sudden withdrawal of accommodation now going on throughout the whole country, and to the great distress of the community, which is wholly a sufficient commentary for me. The gentleman says, I ought to place w ithin the list of the imme diate means of the bank, its domestic bills of exchange, running at 90 days, differing, he says, from notes discounted. This I might safely do, and then leave a dispropor tion between the demands and the mourns, greatly beyond that of 1819. But I con tend, sir, that such paper cannot payoff de mands, it must be money, or that which re presents money, to meet momentary de mands, such as cannot wait an hour, with out involving the consequences of bankrupt cy. But, sir, if I were to admit, for the sake of argument, that this twenty millions of domestic bills should represent money, I presume the gentleman would let nte go back, and include the same item in the state ment made for the year 1819; and, if he docs, there will remain the same corresponding diticrenco between its condition then and now. Sir, this picture cannot be turned a side, look upon it we must; and the opera tions now going on in the commercial com munity are enough to make us jremblc for ! the consequences. Under this objection, the gentleman men tioned a fact which, he said, lie would take j occasion to explain. He says, a charge was made by me, when this question was first agitated; that the Bank had employed bro kers to job in stocks; and, when the matter came to be investigated, it turned out that the Bank was employed by the Government to purchase up, secretly, the three per cents; and some secret informer had communicated the fact to me* Now, sir, nothing could so well have justified the charge which I made, and which so provoked the gentleman’s sur prise at the time, as the very transaction which he says has been triumphantly refuted. The Government, in a confidential manner,au thorizes the Bank to purchase its own stocks; the Bank keeps the secret, and employs a broker to doit. This is going on unknown to the surrounding community; and because, forsooth, they talk of it> and want to know by what authority the bank jobs in stocks.it is considered as an improper prying into the affairs of the bank. For myself, sir, when it was explained, I felt rejoiced that i had so good a ground for the accusation. The gentleman objects, further, to the re port’s noticing that bianch of business which it has lately pursued, in selling bills to go circuitously, as it is called. This Subject has been presented to the House, and the commercial community, not so much as a complaint against the Bank, but as a proper matter for grave inquiry, whether there is not something delusive in it, and whether it“e conomizcs” the specie of the country, as sta ted by the Bank. Tho practice is this; when a person, who w ishes to trade to China, oj India, is without immediate funds, lie goes to the Bank and purchases a bill of exchange. .What does ho give for it? Not cash as usual ; but he gives a bond to pay for it in twelve months; and agrees, if he uses it, to pay 2J per cent, for it; and, also, the rate of ex change between this country and London, opon which it is drawn, when it falls due; and, if he returns it, he pays one per cent. This bill is drawn payable six months after sight; and by'the terms of the bond is not to go direct to the place of payment, but to go round the Cape of Good Hope, and through the Indies to London. Instead,' therefore, of the specie, w hich was usually carticd by the merchant to the Indies, going to that quarter, its destination is changed to Kng* lancj, and the Bank becomes the shipper * fit, to meet'its biffs by the time they get from iChiria. There is trot a dollar less carried away than before; bu* there is evefy proba , bility that there is much more* for this credit plan will enable more persons to engage in< this trade that if they had to do carry the spe-1 etc themselves; and they will obtain credit to j a larger amount than any amount of specie j which they could possibly command. This 1 is dealing without capital, and leads inevita- j bty to overtrading—the corse of any country —and under which it is now experiencing very heavy suffering. They depend upon the success of the voyage for the means of paying for their bills, and is therefore, a gambling species of trade, resembling the respondentia bonds, the most pernicious of all commercial speculations. The last objection to thfc report is its no ticing the indulgence which the bank has lately obtained-from the Government in ref erence to the three per cent, stocks. This, sir, is considered one of the most important subjects in that report, because it is a painful omen of the dangerous stress which now presses upon the hank, and which bears soj heavy that it is gradually crushing its help less customers to death. Sir, the President of the Bank says lie sought no indulgence from the government, he asked none ; he was ready to pay off its debt ; and yet, sir, the bank has agreced to pay the interest on this 9tock rather than part with the government’s deposites at this time ; and says Jt does this to favor the commercial community* What credulity is ready to swallow’ such an idea ? What! a bank borrowing money and paying an interest for it to favor individuals ! A bank running the risk of having its own cred*, it suspected—its president leaving Philadel-1 phia at a critical moment, when its affairs j were just about to be examined, and comes off to this city—a bank that had by a previ ous resolution on its minutes authorized a committee to pay the stockholders any amount of interest they might ask, rather than part with the government money at this time!— A bank borrowing $7,000,000 from the gov ernment at an interest of three per cent., and all merely for the sake of the commercial community—name i* not in Gath—such a bank would be a prodigy, and all creation would flock to see it. S.r, this is the story of tlie bank, let us hear from the government. One story is good till another is told. Can it be possible that the government has no merit in this unusual benevolence ? That it has thrust its money, unasked, unsought lor, upon the bank, to enable them to perform this wonderful feat of generosity, while the creditors of the government, under these hard | times, when money is worth from 32 to 16 per cent, are compelled to take but three per cent. Is it an act of good faith, seeing how long the government has had the use of this money at three percent., when all its other stocks, some of which were created long since, have been paidofF, because, they bore a higher interest, now to postpone the pay ment of its righteous debts merely to enable the bank, unsolicited too, to perform an act of liberality? If it be true, 1 hope the gov j eminent has credit for the act. From the gov ernment I would expect such generosity, be cause it is not a heartless speculating institu tion, and doubtless feels deeply, for the situa tion of its distressed citizens, brought about by the operations of the bank itself. Mr. Speaker, nothing but a most urgpnt case of necessity could justify the government, with ample means in its power, to withhold from its long waiting creditors the payment of this debt. Sir, 1 will mention a fact which exhib its the crying injustice of such a delay. The State of Maryland holds against the govern ment #330,000 worth of this stock, for which it only receives 3 percent., and has been compelled to borrow, to carry on her work s of internal improvement, two hundred thousand dollars from this very same bank, at an inter est of six j ercent., the consequence of which is, the hank is holding' her very means of paying to it the debt which sheow’esat three ' percent., while it demands of Maryland six per cent, for the same money. This cannot be just, and nothing, as I said before, but the necessity of savijig the bank and the commu nity from general ruin, could possible justify it. Sir, it is subjects like these that have produceed such a consternation in the minor ity of the committee, and all I ask is for this House to suspend itsopiuion until they read the report. The Convention. Milledgeville, May 7, 1832. Agreeable to the recommendation of the Central Committee, the delegates hereinafter named, from the counties prefixed to their names, convened in the Senate Chamber, in the town of Milledgeville, to determine upon the arrangements neccsssary to be made, for the call of a Convention, to be holdcn for the purpose of amending the Constitution of the State of Georgia. General Mitchell, Chairman of the Cen tral Committee; briefly explained to the del egates assembled, the object the Central Com mittee had in view, in recommending the ap pointment of delegates by the several coun ties in this State, and their convocation in this place. After which, the proceedings of the Central Committee were read, together with the following letter from Governor Lumpkin: Milledgeville, March 26,1832. I’. Guieu, Esq. Sir :—l have received this morning a com munication signed by you, as Secretary of a meeting held in this place on the 24th instant. The circular and proceedings of the citizens of Hancock county, held in the town of Spar ta, I had previously seen. I consider it my duty to inform you, the highly respectable citizens who composed the meetings referred to, that I am duly sensible of the honor they have done me, in giving my name a promi nent place in the proceedings which have taken place at those meeting*. The funda mental object of those meetings, being a constitutional reduction of flic number of members composing our legislature, 1 have no hesitation in expressing my entire appro bation of any legitimate course, which may tend to produce that result. lam decidedly in favor of reduction.* If the prominent pla ces assigned mo by tho citizens composing t lose several meetings, were deemed coinpat- j ible with the ollicial relation which 1 bear to j the people, I should nevertheless be under the necessity of declining the honor propos ed, while unceasing oflicial duties, o. deep interest to the people, occupy my entire time and consideration. Very respectfully, dec. (Signed,) WILSON LUMPKIN. Gen. Mitchell communicated also the fol lowing letter from citizens of Hall county. “ Gainsville, April 30,1832. Gentlemen :—From the unanimity of our citizens relative to a reduction of the Legis lature, we lcrl authorized to assure you ttiat the county of Hall will cheerfully co-operate with those friendly to the call of a conven tion. We have deemed it unecessary to elect a delegate to represent this county at the pre t ltsamary meetings to beheld at Milledgeville, I on the first-Monday in next month, owing to to the distance, &c. Rest assured that we shall feel proud to act in concert w ith any ar rangements made at the May meeting ; and the object of this address is to request your body to give us early information of the re sult of your deliberations. Respectfully, Your ob’t Serv’ts. (Signed,) THOMAS S. TALE, SAMUEL FINLEY, LARKIN CLEVELAND, ROBERT MITCHELL, JAMES VV. JONES, DAVID C. NEAL. To D. B. Mitchell, Esq. Chairman of Executive Committee. On motion of Mr. Crawford, of Hancock, the following resolution was adopted : Resolved, That the Secretary of the Cen tral Committee call over the names of the several counties in this State alphabetically, and when the names are so called, that the delegates .'torn each, announce his name, in order to an .Accurate enrolment of them. The Secretary then called over the names of'the countie a in this State, and it appeared that the following counties were represent* and by the following delegates, to w t : From the co. of Bub twin, Seaton Grantland, Esq. Bibb, Jol 'n Lamar, Esq. Burke, Dr. S. Harlow, Clark, Jud;,'e Charles Dougherty, Columbia, fc immons Crawford, Esq. Elbert, Gen. J. V. Harris, Creme, W. C. Dawson, Esq. Cwiunctt, IL’ncs Holt, Jun. Esq. Hancock, JnrrK'3 Thomas, Esq. Harris, Robert S. Hardaway, Esq. Houston, I)r. David Jameson, Jackson, VV. K. Jones, Esq. Jasper, Jno. Hill, Kttq. ot Hillsboro’ Junes, Iverson 11. J.or.es, Esq. Monroe, Gen. Elias L’e >ll, Morgan, Eugenius A. Nhsbet, Esq. Oglethorpe, George H. Y’oung, Esq. I‘utnam, Irby, Hudson, Taliaferro, Col. Arch’d G. J anes, 'Troup, William Dougherty. Esq. Twiggs, Geo. W. Welch, L’s<jV Walton, Hines Holt, Sen. Esq- IVushington, John Peabody, Es J. Wilkes, Col. Win. C. Lyman. On motion of Mr. Crawford, of Hancock, tbo following resolution, presented by hilt', was adopted: Resolerd, That the members of the Ce tral Committee, and the Special delegates of counties, will deliberate in united council, and that the hotly thus formed, will transact business in accordance with parliamentary or der. The following members of the Central Committee present, took their seats with the special delegates: Gen. 1). B. Mitchell, Judge Lamar, Dr. S. Boykin, Col. S. Rock well, Col. James M. Chambers, John 11. Howard, Esq. Parish Carter, Esq. Williama Rutherford, Esq. Joel Crawford, Esq. and W. 11. Torrance, Esq. The meeting then proceeded to organize, by calling Gen. D. B. Mitchell to the chair, and appointing P. C. Guiru, Secretary. On motion of Mr. Dawson, of Greene, it was Resolved, That the editors of newspapers, desiring to publish the proceedings of this convention, be permitted to occupy seats within this chamber for that purpose. Mr. Crawford, of Hancock, presented the following resolution, which after being read and amended, was adopted in the words fol lowing : Resolved, That a Committee of nine mem bers be appointed by the Chair, and instruc ted to enquire and report to this body, what sections or clauses of the Consti tution, relative to the apportionment and equalization of the members of the. General Assembly, with a view to a reduction of the number, it would be expedient to amend; the days on which it would be advisable to hold an election of delegates, and for said delegates to assemble, for the purpose of ma king said anr.endmenls; designating in said reoort, the most suitable apportionment of delegates among the several counties of the State, and the manner of holding elections for the same. Agreeably to this resolution, the following gentlemen were appointed members of the Committee : Maj. Crawford, of Hancock, Judge Lamar, of Baldwin, Judge Dougherty, of Clark, E. A..Nishet, Esq. of Baldwin, Col. II . C. Lyman, of Wilkes, Dr. S. Harlow, of Burke, Gen. E. Beall, of Monroe, Irby Hudson, Esq. of Putnam, Col. S. Rockwell, of Baldwin. Tiie meeting then adjourned to 9 o’clock tomorrow morning. Tuesday, May R. Agreeable to a adjournment, the drle gates, with the members of the Central Com mittee, met. The minutes of the proceedings of yester day, were read and approved. Col. William Jones, a delegate from the county of Lincoln, and James Me Laws, Esq. a delegate from the county of Richmond, attended, presented their credentials, which were read by the Secretary, and took their seats. Col. Rockwell, from the committee ap pointed to enquire and report ,wbat sections and clauses of the Constitution, rclutivo to the apportionment and equalization u members of the General Assembly M , view to a reduction of the number, it * he expedient to amend, &c. reported a resolutions and ;n address to the nroi/’l Georgia. The reports were read, aa!) °1 tnoi ion, the resolutions were taken ( ’ f‘ paragraphs, adopted, w,th the preamblf 1 read as follows : ’ The committee to whom was referred duty of ascertaining and reporting sections and clauses of the Constitution , J ative to the apportionment and equa!i z ’ C '' of the members of the General Asscni/I with a view to a reduction of the numbe | would he expedient to amend; the day | which it v.ould be advisable for the peonf? bold their elections for delegates to lfl f e !o | convention, for the purpose of making! m amendments; the day upon which sai4r 111 vention shall assemble ; the number 0 f gates to be elected from each county the manner of holding the elections for delegates,” respectfully submit for their '**l port, in part, the following resolutions iJ* l Resolved. That the several counties of || I .State, be, and they are hereby respectful® recommended, to elect delegates to the (k| ' vention to be held for the purpose of redo® ing and equalizing the representation of® people in the General Assembly, i„ n , ID . J equal to the number of representatives iZ| most numerous branch of the General sernbly, at the time of the election of ® delegates. Resolved 1 That the counties of this Stafl are respectfully recommended to hold tl J elections for delegates to the Convention, M the first Monday in November next, thst'sa® elections be held, superintended and cond® ted according to the manner pointed out® law for the election of members to the I® islaturc. '■ Retolvtd, That it is expedient, that ® delegates elected shall convene in tlieStat® House in the town of Milledgeville, on thfl first Monday of February, 1833, for the pi® pose of altering as-i amending the Constit® tion of Georgia, in relation to the rciuclio® and equalization of the representation in tj® legislature, ana that that day be, and is hot® by respectfully named and recommended ® the time for the meeting of the contempt® ted convention. Resol red, That such articles, sections a®’ clauses of the Constitution of Georgia, ®l relate to the organization of the legisiatu® l require amendment ; th?t the amemltnen® 1 alterations or additions to be made, should®' confined to the reduction o( the number I the General Assembly, and to an cquali® tion of the representation of the people® both branches of the legislature ; and we recommend that the amendments, alit® tions, and additions, thus to be mtirfr, be st®' nutted to the people for their coulirmationß rejection. * K Resolved, That it! • recommended that) several delegates elected to the Comeittit be the bearers to that body, of the elect! returns from their respective counties—! Convention, as all such bodies-do, extreisj ,*4ie right of determining an the sufliciei oi” such returns. fiesolved, That tire address herewith sent* 'd, be received as part of the r por this committee, be signed by the member this Convention,and tie published and tri mitten to the people of Georgia, with above re solutions, and the documents accj panying Bids address. The ad&'ri vs was then taken up, read a J and adopted atf follows : ADDRESS. Fellow Citizens: —The undersigned,l whom were confided the duty of reconmiel ing to yon the expediency of a conwntiol delegates, to arm ;.di the’ Constitutien, sol to secure a reduction of the number at I composing the General Assembly, I selection of the day on which it would be J visable to elect the delegates, their numl and the time for the meeting of sCtch Col tion; —having discharged the*trust repi in them, they cannot forbear, in preset* to you the result of their deliberations,!* for your reflection, certain considera* which may have a tendency to produces® cert in action, so desirable in thismcffll tous measure, and so conducive to an anl cions result. While the undersigned are deeply of the numerous defects of the present® stilution, and of the evils engendered hi provisions, and also of the absolute nccca of providing a speedy and efficient rsn* for them ; while, too, they believe, i V moil with many of their tel low-citizen?, 1 the only remedy for these evils, is to® found in the redeeming virtues of the * assembled by their delegates in Convent® these Delegates acting, as they would,* less act, with a single purpose to w* the prosperity, and exalt the character oi® State ; and at the same time, secure to® and your children, the invaluable ble® of civil and religious liberty; would notl to present for your final sanction and m tion, a revised constitution, remodeled, ■ ted to your present situation, every wav I thy of the character of its framers, anlß ceptable to yourselves; yet, the uw'frsiM have felt themselves obliged to 'jestain I recommending a revision of ‘.not inetr* beyond a reduction and ’..qnalization fi number composing General Assent* They did not deer,, themselves at lilx* go farther. TANARUS„ that object, therefore, I enquiries ',iave been limited. 1 Ibe time for the election of dele® ar .t for amending the Constitution, auspicious. The cloud that lowered I our political horizon, has passed away* ■ missil aimed at our sovereignty bv the ■ a! judiciary, has fail* * to achieve itsp* There exists no political excitement, into action the fever of party strife, n® indeed to impede the onward course l lie action, prevent the exercise of them judgment, or to retard the progress °w great work. I This, fellow-citizcns, is no party rae fl It is believed that all reflecting mfl whatever party, who sincerely desire liff perity of Georgia, and the happi ne * '■ people, arc deeply, impro* with