Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1840-04-23
lCo.respos1tnre OF ne Herald /



/ ~ ALBANY, April n.
| The Cu'rency-keport Of the .yoat Commttee Mr.
HaDiey-SeAss6le Mas-Pyo6abie passass of a
BMt-Acfion # the Sen~te che General Bank
Lac ResOlufiOsS- Ih0n.vS oniuns, &c.
| Mr. King, from SAe joint committee On the subject
OF the currency reported bill in the Assembly shis
morning. The prov ;sions CORES with tho state
menr in my letter of the lStlA All the banks ard
brokers IN this State, except THOSE doing business in
the cities OF New YORK., BROOKLYN, and Albany are
required to provide for the option OF notes
IN New York or Albany, at dis count of the half of
one per cent As soon rs the billswas read, Mr. Nj
chols, 81 Greene County, moved to- strike out the
words esr Albany" wherever th,y, occurred and
then called the previous question The previous
question'cuts of all amen tments, an if the gentle
| mans csll had been sustained by The House his
amendment would have been lost Us a matter of
course. But the call was not secorzied, and after
some debate, the motion t., strike outs Albany pre-
vailed by one majority 1t will probably be rein
stated Tomorrow however and the s,eport of the
committee accepted by the House. and the bill sent
to the Senate, where it WILDE concurred in, and
become a.law.
Mr. Hawley, of Buffalo, one of the NEST promis.
ing young men in the Assemble, and in sct, one of
the very absest and most useful men in that body,
took the correct ground on th, question, He con
tended that all legislation must, from the nature
of things, necessarily be futile and abortiye was
glad to hear the and dOctfnes wEseh have
often expressed and maintain ed, and which the
Herald has uniformly held, triumphantly vindi-
Gated and sustained. The position of Mr. Hawley
is impregnable, and the sophistrI by which it
The subject of the action Of tn, Senate, and the
Joint resolutions relating to General Bankrupt
Law was called up by the Pres ident this morning.
After discussion a resolution adopted di-
rccting the appointment of committee to investi-
gate the matter with power to send for persons and
papers. Mr.. ID. S. Dickinson move 1.-The resolution,
and although his recolections the subject, con-
ct directly with those Of the President. suppose
courtesy will dictate his appointment as chairman.
The blunder'woud have been very easily recti-
fed, if the clerk had been possessed of sagacity
enough to see ahe consequences Of persistng in an
error But he adhears to his blunder with bull
headed obstnaey, and suppose the majority will
be obliged to bear him out in it, 1t is possible, how
ever, that they will adopt the demanded alike
by policy and .proprety, and seize upon this a
pretex for getting rid OF an incompetent and clumsy
eficer-who, although he may mean wei ION ordina-
ry occasions, is incapable of dischargng his duties
properly, and too wise in his coneeit to profit
by experience or the suggestions of s.frends. If
such shall be the result, this will be Of the most
blessed bulls that the w higs have been called upon
to father this winter.
DIR. Hull, from the committee of Senatorial doc
tors, made unfavorable report day, the
petition of a number Of fhompsonan physicians in
the city of New York, for the Incorporation of col
lege, where they could learn surgery and physic af
ter their own plan. The report states most of the
facts set forth in the petition but Mr.. Talmadge,
with aview, apparently, TO stir up Dr. Hull, who
hates botanic practitioners the devil does holy
water enqured whethert the report embraced all the
facts. DR.. HULL said he could find o1t by reading
the petition. Mr. Iallmadge called for the reading
Young saldhe Thompsonans did not appear to
want an act of incorporation They merely asked
permission 20 catch and cut up any body that came
in their way, without hindrance or molestation.
On botanical principles, added Mr.. Tallnadge.
The petition and report were referred to a com
mittee of the whole, having a similar report in
charge. doubt whether the subject will come up
this session, for the want of time, bat if these
ports are reached, some fun may be expected.
The pecslar and comical expressions Of General
Roots face, when he made the motion of reference
the other day, is unerring indi cation of sport,
when the matter comes up.
The Court for the Correction of Errors, held
brief session to-day On the opening OF the Court,
Mr.. Verplanck called up the resolution which he
had offered at the last meeting of the Court, on the
decision Of the several Under the General
Banking.Law, declaring the opinion Of the Court in
reatoifte the legal character of the Associations
under ii. Several verbal modi ications were sag
gesteC by Senator's not changing the general sense
accc yvd by the mover, when, after some brief dis
an by the Chancellor, Messrs. Verplanck, oat
Lee, Young, Ely, Dixon and Wager, the resolution
was passed as follows:
Resolved, That the Associations organic ed. IN
formjty with the provisions of the act entitled San
act 20 authorize the business Of Bankipg,~ passed
April lst, 1898 not bodies polite corporate
within the spirit and meaning of the Constitution.
Atiirmative-The Chancellor, the Presids ant of the
Senate, and twenty SenatoTs-22.
Negative-Senaiors ClcsS, Root, and Vager--3.
The Court determined 20 hold its next session as
New York, the first Saturday in Juae, for this
purpose of hearing Wr;ss of Error only.