New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1846-05-20
Loeo-roco Lesislsti,e Asdres,.

raeisIature authorized their names TO be arached
Il OPENS with congratulations upon the success OF
c,.ta Convention to amend the Constitution. to
which Gov. WRIGHT and several OF the gentlemen
vbo sign the Address were sCeauously opposed
1, then expresses the patriotic hope hat the Conss
,u,iop will be amended in accordance with the views
expressed in political conventions
The Address then lands the Governor and The Le-
sislstu-e for having partially carried out measures
/ desisned to eoualize Taxation snd abate feudai
Tenares. which they denounced Gov. SEWARD ior
recommending. Ia other words, they gorty them
selves no for endeavoringi 10 sTrestihe evils which
they refused TO guard against FIVE years ago. Gov.
SEWARD was vehementy denounced In ls4o and
Il for suggesting the proPriety OF such LegisiaIVe
action as would sssirnuate the tenures by winch
land is held" This Address now awards high
praise TO Comptroller FLAGG for having suggested
the importance OF % tax on rents reserved n long
leases by means Of which the income of landlords
: is assnulaied in degree 10 income on money Sc
cured by bond and mortgage" But the Address
forgets 10 sag that these very propositions, when
urged in the Legislature OF ls45, by MI HARRIS,
were put down and repudiaisd.
The leading and prominent object OF the Address
is. of course to mystfy and complicate the Finan-
cial history and condition OF the State. For this
purpose the old game OF perversion dupilcity and
falsehood is resorted 10. so much capital has been
/ made in this way. thar our opponents will go on
sgitating until their misrepresentauons become as
stale as they are thread bare;
Few men are aware until they acquire The inforEa
ton or experience Of the insidious pans, devised
By selfish interest that continually in operation 20
draw money the public treasury under the preence
Of promoting public COED This state has been often
besed the adoption Of schemes the value OF which
depended upon what known. or could be reason
ably inferred from dda that were known but upon the
which have resulted in the e1ravssani waste;u or use
less expenditure OF the borrowed funds Of The state 10
very great amount The history OF the Legislature Of The
State many years past Is full of instruction on this sub
ject and deserves &c be studied.
All the schemes 10 which this paragraph refers.
: originated with the party now in power. Every
doubtful project, upon which the borrowed funds
of the State have been expended, was authorized
/ by Van Buren, Regency Administration and Le-
! gislsture.
All the repudiated public works were authorized
/ by Regency Legislation, and commenced under the
auspices OF Gov. MARCY, Compt-olers WRIGHT or
FLGGG, Canal Commissioners BoucK, EARL,
/ HOFFMAN, You've &c. The unfinished Erie En-
/ lareement Genesee Valley and Black River canals
upon which $4,000 600 have been expended are
! perishing monuments, perpetuating either the folly
! of the Van Bureu, Marcy, Wright and'Flagg party,
in commencing, or their wickedness in suspendinS
them. Nor these the only records OF their prot
ligacy Alter paying Sl5,000,000 toward the con-
=
expedient 10 stop them; and with view to the
election Of 1882 10 make public proclamation OF the
bankru ptcy and ruin OF the State. And the people
startled at the idea of Forty Million Debt re-
stored the Bourbon Dynasty. This operation cost
credulous and cheated people $4,000 for the pay
ment of Damages 10 Canal Contractors
Previous to the prost-aton OF the public credit In lsl
and suspension of the public works consequent there
on the leaders of the Wing party claimed TO be the excu
sive friends Of enlarged and liberal system OF internal
In hv
for the prosecution Of the canals and by oaning the cred
II OF the State to corporations, for the construction Of
railroads.
All the Public Works were authorized, and eve
~ dollar Of State Credit was loaned 10 Corporations
before the Wing Party came into power. The bad
example of Z" loanng the credit Of the State was
/ set by Ex-Gov MARCY and Gov. WRIGHT, upon
whose recommendation the State first loaned its
credit to the Hudson and Delaware Canal Com
pany
the borrowing of three millions of dollars for the cosuc-
ton Of the Black River and Genesee Valley canals
which loans negotiated in the Fall of 1887
With this distinct admission that the PublicWorks
were only authorized, ba, the system of Dor
rowing commenced while the Government was he
gency in all its branches the Address punges into
a broad ocean Of fasehood:
The political revolution OF that year brought into the
Assembly of 1885, hundred Whlg members, giving
that party preponderance. which enabled It's leaders
give new and fatal impulse 10 the system OF borrowing
money spending 1t In developing the Of the
without reference to the prof, or less to the people
by the operation
There is not man among all those who sign this
Address who would dare 10 make himself person.
ally responsible for this deliberate Justification of
truth. The Wings even with their large majority
in the Assembly, had no power TO give the new
and fatal impulse to the system of borrowing -
4 The Senate and executive branches of the Govern
ment were against Gov. MARCY was in the
hair ha had q cd
majority in the Senate And the fatal impulse" re-
ferred to, instead of originating with the Wings is
traceable TO the Regency Senate, where an appre-
priation of 81 100000 for carrying on the Public
Works with contingent appropriation OF $1,000
900, was converted by the motion OF Hon. MIR WA
GER, Regency Senator, into absolute appropria-
tion of s40O000O. And Gov. MARCY, in his Mes.
sage of 1885, thus sets the new and fatal impulse
ball rolling:
1.-THE unfinished works of Internal improvements, IN
GLIDING the Enlargement Of the Erie canal will involve,
according 10 the estimates that have been made
tture OF SIS, 100000.
1.-THE best interests Of the State appeal to you with
great provide for the carly completion OF
this important improvement. am persuaded that lar
ssr sum than the present appropriation might be advan
tageonsly expended without causing interruption deays
10 the transportation on this canal.
The Address cautiously avoids allusion TO one
other impulse" Of the Legislature Of 1898, when,
on the 10th OF April, bill passed the Regency Sen
ATE authorizing The Commissioners Of the Canal
Fund 10 issue State stocks as follows:
For Erie Canal Enlargement 81. 900 600
&" Genesee Valley Canal. 100000
" Black River Canal--------- 100000
The vote upon the third reading Of this bill as it
stands upon the Senate Journal page 459, was as
follows
"Ayes-J. BeardsIey. L. Beards!ey, D. 5. Dickinson
Downing, Edwards, Hunter, Johnson H. F. Jones, Law
yer E. p. Livingston. Looms Powers, Skinner, SteTng
Van Dyck waser-l7.
IToss-Beckwih, Hull, Huntington. LACY. LEE y. A.
LIVINGSTON. MAYNARD MosELET, Speaker, TALLAADoE.
vERPLAsx. WORKS. Yoarg-l3"
All votes in }arOr of this s7,5OO,OOo appropria
ton were cast BY Regency Senators. Nine OF The
thirteen votes asains; it were given by Wing Sena
tors. The bill, though brought in upon special
message from Gov. MARCY, and passed bya Regen-
cy Senate, failed to obtain the concurrence Of the
Wing Assembly. and did not become a Law. And
yet with such facts staring these men in the face,
they charge the "nesr and fatal impulse OF 1899
10 the Wing party!
1.-The Wing leaders decided that the Democratic
policy which had prevailed for the preceding twelve years
was 100 sluggish" wholly inadequate TO the increas
ing demands OF the trade Of The country, which would In
eyitably OF through other channels UNLESS
ERIE CANAL ESLARGED ~ FIVE YEARS