THE WHISTLING NUISANCE BILL.
The Committee on Rights and Privileges returned Mr. Foster's resolution exhonerating ex-Senator Nathan Cadwallader from blame for the stupid blunder which made his railroad signal bill a by word, with a recommendation that it pass.
Mr. FOSTER repelled the statement that ex-Senator Cadwallader had been on this floor asking for the passage of such a resolution as this.
The resolution was adopted by concurrence in the Committee report.
Mr. LEEPER oftered the following:
Resolved, That it is the sense of this Senate that the interest on public funds, interest on purchase money of canal, college, school or saline lands, and upon the permanent school fund, shall be reduced from 8 per cent. to 6 per cent.
Mr. HENRY moved to amend by striking out the word "six" and inserting the word "seven" in lieu.
The yeas and nays on this motion were demanded by Messrs. Spann and Foster.
Mr. BROWN thought the rate of interest on school funds ought to be a little higher than the current rate on other moneys. He did not believe the Senate was ready to vote on the question, and, in order to give time for consideration, moved to postpone further action on the subject till Tuesday at 10 o'clock.
The motion was agreed to.
