The Convention occupied this afternoon in discussing the amendment of Mr. Wentworth to Judge Purple’s report, first section.
Mr. Orme finished his speech, defending and defining the vested rights of banks.
Mr. Fuller took Mr. Wentworth’s side of the question, and the question being put, Mr. Wentworth’s amendment was sustained – 35 to 27.
Mr. Wentworth offered another amendment, preventing banking corporations making an assignment, giving preferences to creditors, also to prevent the stockholders of a bank from making assignments to the bank. Unanimously adopted.
So far Wentworth has carried every assault of his on the banks, and if the Constitution leaves them as the amendments to Judge Purple’s report now stands, the banks are effectively wiped out.
– Published in The Dubuque Herald, Dubuque, Iowa, Friday Morning, February 7, 1862, p. 1