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Raleigh, Wake County, North Carolina
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The state legislature has not yet adopted measures to increase revenues, with various bills under discussion. A bill to transfer the Internal Improvement Fund to the public treasury for railroad endorsement debts passed the Commons 84-20 and is likely to become law.
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Internal Improvement Fund. The bill to transfer the Internal Improvement Fund to the Public Treasury, to meet debts contracted by the State on account of Railroad endorsements, passed the Commons on yesterday by yeas 84 nays 20. The bill was advocated by Messrs. Hackney, Smith, Neal, and others, and opposed by Messrs. Flemming, Hayes, and others. This bill will most probably become a law.
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Domestic News Details
Event Date
Yesterday
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Outcome
bill passed the commons by yeas 84 nays 20; likely to become law.
Event Details
No measures adopted by the Legislature to increase State revenues; various bills reported and discussed in the two Houses with uncertain final action. Bill to transfer Internal Improvement Fund to Public Treasury to meet State debts from Railroad endorsements passed the Commons; advocated by Messrs. Hackney, Smith, Neal, and others; opposed by Messrs. Flemming, Hayes, and others.