Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1838-01-20

" O1NAAS
voured the work in question and deserved to be
put at the head of the seaior class (Laughterl Mr.
p King enjoyed the joke and threw himself sideways
into his chair with great nenchaance taking care to
support his head upon his left arm the upper part OF
which rested on the desk Mr.. X sits at the edge OF
Of the aisles Culvers face redeemed little at the
hit of Mr. Zabriskie Mr.. Patterson suggested that 30
copies be furnished 10 the Library. Carried. Now
whether the book be Clarks Manual or the Clerks
Manual, this depenent saith not. Mr.. Culver did not
condescend 10 enlig.ten his hearers,
What has got into Schorare county, know not. She
is pouring in petitions for rail road from Sharon to IN.
tersect the Catsk rail way and for sundry other roads
all TO be built of IRON Ii would that this said
county has just discovered its exhaustess wealth and
resources, confidently DO its people ask for charters
and legislative aid
The Senate dourned at an early hour and went ia
10 Court of Errors. Tomorrow they resume their la.
bors upon the small BILL Look for iocg and
silly speeches. l will report them however and send
them TO BOBBY Brooks for condensGtioah has such
knack Of expressing his views on Canada in so small
compass!
Further debate was had upon the resolution of Mr..
Van Dyke calling upon the Commissioners to send IN
statement OF the Indebtedness of stock holders oihcers
&c. 10 the Banks of this State. Mr.. Powers moved to
amend as to require the due by the Bank
to stockholders and by the stockholders 10 the Banks
Mr.. Sterling offered amendment requiring the
amount held by stockholders who are in way indebt
ed to the Banks. No final action had upon the
matter have doubt but that this resolution VIII
pass but whether the Banks will consent to have their
affairs thus pred into is another question. The same
attempt has been made in Louisiana, but the Banks OF
that State threw themselves upon their reserved rights
IN mode de Bidde.
Petitions for the repeal of the small prohibition
law flooding the Senate Chamber The House vo-
ted send up the Senate the host Of petitions the
subject that into the Assembly since the pas
sage of the bill THIS done TO enlighen reverend
Locoeco Senator'S 1t is remarkable that only two re
monstrances have appeared during the whole session
against the repeal and they came from Herkimer and
Jefferson prepared no doubt the order of Mann X
Co. heal that King of the American is out against
the repeal This prince of Negrophiles is hard to
please since his has been struck off the rolls of
the Wilbertorce Society
From Correspondent Brougham.-No. XVII
ALBANY, Jan. II, 1888
Quite furry came of to day in the Senate, on the
question of passing Mr. Van Dyks resolution requiring
statement of the aggregate amount Of debts due by
stockholders to the banks. Mr. Wager maze a long
speech the occasion, denouncing the resolution
engine of locofocoism Movement the locofoco
benches He said that he saw the object ofthe party
agitation, and that this of the be
employed. He deprecated any such interference in the
affairs of the banks lift be criminal in bank
lend money the stockholders let law be passed re-
strictng the of loans this class of the
nifty. 1t is a little remarkable that Mr. w. should
have had the boldness this occasion thar it
was natural for bank to prefer sockheder or direct
stranger. Ii notes. said he, be presented to
bank of il will prefer that belonging the
IL necessary
should their responsibility be equal. He admitted that
the presumption fair that number of banks in this
State have large amounts due from their stockholders
directors, &c.
Mr.. Wager contende' that, If the inquiry be made
the commissioners ought to distinguish between the
debts due by stockholders and directors their
count and in their caPacy as endorsers IL IS surely
crime said he, for stakeholder to endorse for his
neighbor who may be industrious farmer, or hard
working mechanic Let it be known then how much
these much decred stockholders in this way.
Mr.. vandyke followed and avowcd that his object
information TO enable him to vote on the small
bill project. IL legitimate subject of enquiry and
that the reason why he pressed II.
Mr.. LOOMS spoke at some length answer to Mr..
Wager He surprised tina, his friend had advanced
ssch strange doctrines that floor. He commended that
the banks made for the people, and that though
the stockholders had right to borrow money well
any body else, common decacy justice ought tore5
strain them in their demands.
Senator Young the everlasting speaker-lke Peter
Rchings Of the Park.-said he knew OF one Safety
Fund Bank, in this State that had actually loaned one
three tonrths Of IT'S capital stock He would vote for
the resolution So he ought do, his allegation be
fact. The question was not taken The resolution viii
no doubt pass.
Mr. Speaker brought in the forty day resumption bill
of Mr. Harbut in the House. Il read twice and
sent 10 the Committee of the Whole. This will be pro-
life subject for speeches. IL is lucky thing tor the
banks that they have Assembly friendly to them or
they would have been swept by the board this winer.
In the House, Mr. Hall Of your city made his debut.
He sustained himself with great ability His speech
in defence Of his auction bill He showed the evils
ef the present system proved that in many the
state defrauded Of Oslo Of the duties arising
from auction sales; read a letter from New York.
ing that mapy auctonecrs in that paid from 100
5000 duties when their sales amounted $4,000 day
attacked the present law. increasing unnecessarily
the executive patronage showed that the so auction
GERS Of New York were in the main appointed from
among faithful and brawlisg partzans and that they de-
frauded the of thousands and urged upon the
House eoquently to pass the present bill,
Of justice to the people. Mr. Mann followed. and.
might be expected, opposed the bill the Of
lessening the revenue He thought it was unortu-
nate agitation Of the subject IL doubted whether
this any other had the right to impose duties
imports, FOR the purpose Of revenue The effect Of
this bill would be TO open that question. Once opened,
Mr. Chairman il will not be settled easily" This is
all stuff however. The real object Of the old party
keep the appointment of the 300 auctoneers Of the
in the hands Of the Governor for future opera
tons.
fear that some foolish wings will defeat the amend
Of the Os~ego and Utica Rail Road charter 1t is
proposed 10 increase the capital stock million Of
dollars and give the company the authority borrow
half a million more, If necessary Mr.. Barnard has
raised the question Of rights Of way He thinks the
ought TO the ground which every rail
ether road passes, in order quiet the opposition to the
summary system Of seizing a mans property without
his will, for the purpose Of running improve
mentover IT, Mr.. Wardwell begged gentlemen, living on
,le IN az haY