The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-03-16

Albany. f
Correspondence Of the Herald.l

ein the ASSEMBLY to day, Mr.. McMuRRAr present.
ed petition from the Washington Marine Insurance.
Co. OF the city Of New Yolk, praying for On amend
ment Of its chatter
MI DAvEzAc presented demonstrates from haw-
ketS and pedars against the granting Of the peti-
lions OF certain jewellers, &C., that they be COM
PEELED to pay a tax -
mr. TOWNSEND presented petition from Jcha =
van yleeck and others, merchants of the CITY Of
view York. that The Canals might be opened on tho
LIST of April
Ine petition was read and sets forth that there -
large amount OF goods, &c. in New York. wni,ine
10 Dc forwarded, and that the Pennsylvania Canals
being open, western merchants will make their uus-
chases in Philadelphia. The petition can be Of NO
avail as it is impossible that the canals can be cpen
ed before about the 10th of April
A petition was presented from the county of Or.
ange, praying that all aid be in future wi,hhs ID bv
the State from the New York and Erie Railroad. an
the work was conceived in speculation, and prose-
cuted in fraud, &C., and would never pay its expen-
SEES; and concluding with the avowal that the peti-
toners would never consent to pay taxes for such
purpose. On the other hand some half dozen peti-
ions were presented in favor Of extending the aid
Of the State to said road.
A message was received from the Governor ,rans-
hitting letter from the President of the New York
and Erie Railroad stating that unless the State ex-
tended further aid to said company that prosecutioa
of the work must be stopped, laboren discha rged.
and the road itself be liable TO be sold at auction ar
the pleasure of the State and that the company had
applied all It's means for the continuing of tho
work, and would not be able TO pay the interest on
its State stocks. The Governor states his csnvic-
ton, that the work cannot be successfully continued
unless by carrying out the policy already pursued in
relation to this road and afirms that rests with
the Company, and not with the Legislature to COM
pete it.
Mr.. MeMURRAY expressed his surprise At seeing
this doctrine ofrepudiation,so universally the horror
OF the wing party. receiving the commentator Of
the Governor. 1.-The knew what Reputation means,
this certainly was a fragrant example Of it. Mr..
MN was very severe in his structures on the COM
pany for neglectiEg to provide means for paying tho
interest, and the Governor for approving IT, This
interest on 1000 900 millions OF State stock fall doe
the FIRST of April, and must remain unpaid un,ess
means are provided by the State.
Mr.. HorrMAN, said that the doctrine in this mes.
sage did not surprise him; it contained nothing new
1t conceived in the same darkness and de!usiOn
which all the light that had been emitted, had been
insufficient to dssiPate from the purleus the Ere
have to pay both interest and principal this loas
no sensible person even At the time OF granting i
could have doubted: The road would never pay
the interest if pleted and if it was would never
benefit the people--it never was CONNIE need with
Intention, nor prosecuted with that desi1n. After
some further remarks Mr.. H. moved that the mes
sage be laid on the table ank printed, to be taken II
the Committee of the Whole having in charge The
tax bill.
Mr.. HUMPHREY defended the road from the char.
ges made against It BY Mr. H., and alluded TO the
the central part Of taeSate tor public ments
Mr. II. alluded 10 the benefits 10 be derived By Tho
southern tier Of counties from the New York and
Erie Railroad, said that 5000 900 of acres would
to $40 per acre. The city Of New York mus, look
out and not pride herself on her mere local sGyan-
tases, but look to her resources, or she will find
was concerned, behind Philadelphia and Boston
road
Mr.. TOWNSEND defended the city Of New York
from the charge thrown out by Mr. H. that Oh. was
hosue to the road and referred to the large indi-
yidua subscriptions, made in aid Of it in thai city
II was only hostile 70 the manner in which IT had
committee on lands in answer to the petition pray
ing for an eaIy opening of the canals, state that
they will be opened at the earliest practicable time,
as Is possible from the state Of the canal, huances
states that there remains only 500, a. to pay the
interest on the canal debt, and IN keep them open
until June, but legislation further than that Rclu-
ded in the bill recently introduced BY the Commit
tee on Ways and Means 10 conceived necessary
The canals will be opened about the 10th.
The bill for increasing the shares of the New York
Society Library, was reported without amendment
The trustees are authorized TO mand 0e per share
After action had been had on variety OF uaimpor-
tant questions, the bill changing the manner oi sp-
pointing Bank Commissioners mad its third reading
Pending the question on its final passage and fog
no other earthly reason than 10 consume lme,a whig
moved adjournment, and demanded the yeas
and nays. Alter the result was declared-in the ne-
Steson moved the previous question, and
again the yeas and nays, on seconding the call, were
called at the demand OF 4 wing. After the call had
been sustained, an adjournment was moved, and Ne
and nays called Tor, but sufficient number did
,et rise, and the question whether the main question
,aled for and sustained, and the main question err
Tered TO be put A full hall hour was ihus consuu-
ID for other purpose than to stave of the passage
II the bill. To The wings must this be charged
The question then taken on the hnal pcesaRc Oh
he bill by yeas and nays, and the result was ayes g.
Rays Il.
So The bill passed and awaits bu, the signature Of
he Governor 10 become law
The use Of the Assembly chamber was thea asked
or by the State Central Convention OF Mechanic's,
o enable the Hon. Ely Moore, 10 deliver lecture
The House then sdjourhed to half past three
,'clock, Z. M.
HALr PAsr THREE. p. M-The committee Of
he Whole went through with the bills to incorpo-
ate the Carvers and GdeTs Benevolent Society the
ct to create sinking fund in the city Of Troy
In the SESATR, there was nothing Of general into
est transacted, mainly LEGAL cad private bills.
great race came of on the Troy road to day.
etween span Of mares belonging 10 Mr. Bunker.
nd span of horses belonging 10 MIR. Sequc, fer
1000. The race was won by Mr.. Bakers norses.
In Immense amount Of money was bet on the match.
nd tlesst two thousand persons were present 70
witness il. CAVE ULcncAp.
NAvAL.-The East India Squadron, consisting Of
he Frigates Conselatlo and Boston, was at Ssng-
pore, on the 23d Of Moves ber last Midshpman
Ohm G. Richardson, OF Louisville, Kentucky. died
IN board the Constellation, the 18th of September
# fever. Thomas Sparng, landsman, was drowned
" the upsetting OF a boat 10 the surf.
The United States schooner FEr was at Havana
IN the Sd instant for Key West. in two days the
United States schr. Osceoa, for Key West, saileo