The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-04-04

years rendered it invalid and imperative The speaker
insist that the cons uonality Of the bill could be
shown in every point and that every objection urged
against could be- reuted hy conclusive irrefraga
bic evidence as had been one of the great pons
Of those opposing the bill alude to the dependence
placed the opinion Of John g. Spencer he would say
that II eeutlemen would devote hense 10 ,nsw.r
the opinions Of Mr. Spencer instead Of making
they would find better employment and might then
urge objections against the hill with The offered
objection was, that the State had right contract
a debt without the consent OF the people. This
to be debt for which the state would be responsible
but the fund created by the surplus arising
from the canals and the assignment Of this fund
tains condition for the payment Of the money aud
that IL the only remedy in the assignment, the fund
being wholly responsible II this surplus revenue Is not
sufficient to pay the certificates which shall BE- issued.
the State assumes no liability. IL cannot be held re-
sPonsble for any deficiency fourth objection s that
you raise money the credit Of fund belonging
to the State without creating debt. and m,kins the
State responsible for the loan Thc Speaker here read
the constitution prove the truth of his asserons
The constitution authorizes the credit Of such fund to be
obtain the carrying out the object Of
such fund specified in the constitution and II the
duty Of the opponents OF the bin to show that this
plsaon MS is prohibited ~ the constitution The The gen,
the State agreed to keep the to at certain rate,
this bill would invaldate the control Of the State
this fund, and was, therefore unconstitutional The
Speaker proceeded by able reasoning prove the facy
of this argument His colleague (r Thompson) charged
that this bill in violation Of the constitution Of the
United States and referred TO romels Law Dictionary
to sustain his position but he believed the definitions
there given did apply to the in point On the
contrary they in direct opposition to the views Of
that gentleman The gentleman from Queens (Mr. Maui
rce) argued that in the funds should fail the Lee
gslaturc would be in honor bound to Hqudate the de-
mand; and allowing that they should II would not
constitute debt by any means. lie believed that 1t
supposed that the State to be morally
honorably bound to allow their claims. The Speaker
then proceeded to cite parallel casethe creation Of
the bank fundand he would ask gentlemen If the State
responsible for any deficiency in that fund, Sup
pose the bonds and mortgages deposited with the Comp
roer were found be worthlcss-would the State be
morally or legally bound to redeem them? Certainly
gentleman would contend for the affirmative Of this
question The gentleman from Queens asserts that the
no of he IA funl trpa. of
State while the other is held in trust The Speaker
Piled to this that both went into the treasury and were
upon The footing. far their being trust funds
concerned This urged to show that there
obligation in honor the part Of the State to make
up any deficiency that might occur. The gentleman
from IIerkimcr (Mr. Wooster) argued that this bill
would give up the management Of the canals when, in
reality, it provides for their management lie believed
that his scrupcs this point founded on the con-
stitution. lie will recollect that the person whom
he referred to az being one Of the brilliant lights Of
licrkimcr county In favor of selling all tho
canals in the State, and that George W. Patterson
in convention moved TO strike out the clause which
provided for such a movement The SPEAKER then
preceded 20 discuss the objections he had to the subt
ue offered by Mr lie Roy lie objected to il because it
provided for a which would fall uncqualy differ
sections Of the State and the present generation
would be compelled to pay ii but there no necessity
fer any direct tax The from the canals would
lie amply sufficient 70 meet all the demands that might
be made TO secure the enlargement This project Of
direct tax had been adopted the basis u an argument
by all the distinguished gentlemen of the democratic
PARTY II commenced by Slas Wright and was fol-
lowed iy others Of his political caste Azariah 9
di.tnctlv in favor Of \ direct tax. instead Of
appropriatHg the revenues towards the completion Of
the cnlarg, mcnt II has been stated that these ccr:i-
catcs should not be made basis for banking lie be-
ovcd IL actually necessary that something he done
towards making basis for nioncycd circulation, az IN
n short time the State would be free from debt and Of
course there would be outstanding state stocks for
banking purposes and 1T therefore indispensao'c
that there hould be some basis established These GER
t!scacs, then viii form excellent baais. provinnS
they arc good and on this point there could b. but little
doubt The adycrsarcs of the hill believed the enlarge
ment a the canal would increase the revenues AMI OF
course at the time the redemption Of the certificates,
they ~,ad be met with principle aai ntsTcA. Gcnte-
men will understand that the amount of fright VII o.
greatly increased account Of the reduction :" rate
anu the snn,e charges for tolls will double the revenues
., this source There another element of increae am
II. = the growth ~ country both in population
.n' -ts of Industry ana II this canal Is gIlarged
,a piuau il the business Of the west which Sh
the greatest incr e ,hen inc n,reaSe q thc revenue
vii, moi ,ne,c,I ,h ,c nue s these certificates viii
be good win be rcdecrne~, ~ oouar Tor 40
gentleman will assert that after SO, ~ ,nc tos
received will not reach large 1ut a. :. T~ynt
II So then the surplus ieycnucs will pay oropsea en-
aTgement tf the canals and leave bala nee Tor Itene
In The treasury II nearly two millions Of dcars The
Speaker then alluded to the political turn which geuur-
had attempted to give to this matter and from tr
Arguments nothing could be palmer than that the de-
mocratic rarity opposed to the enhancement Of the
Erie Canal The Sp' akcr then stated that IL he had
time he houd be pleased to show that at rat part
~ the democratic party favorable 70 this project.
and that the attempts o the opponents of the bill to give
To II political character certainly not well made.
III however. IL desired 10 render II principle OF
party he ready with the party which hc had the
honor To- belong 20 meet Il as sueh aud lac should
to found in favor Of this great work Of Internal improve
mcnt
Mr. A, A. TnoNrsoS took the floor In opposition TO the
b and discussed tho constitutionay ~ the law which
II proposed to forcc through the House ~ all hazards
lie asserted that the democratic party not the op
pnncntr ~ the enlargement ~ the Erie canal he could
point 10 The mesnge ~ william H. Marcy in which II
recommended that the enlargement should be under
taken; hut IL has been the policy II that party not 10
large til the interests q the people ~ the state should
a.
hcrg the interests ~ the State Alusion then made
a. the pursued by the gentleman from Orleans
(Mr Burruughs) and he di-clsimed any intention of
q following tho line Of the gentleman fruin erkimrr 10
reading him (Mr 10 out of the democratic party. Si
hr should be backward In telling that gentleman that
he bccy,d him 60 hc supporting recognized whg
lie complimcnt,d Mr. " for hi defence n dcmp-
cratic principles and regretted that he wa compcd to
differ from him On this important question lie then
read the 1ibang .3rgus a. sustain him Ia the
ton that tho democratic party bad always been the
friends the a the canals but that they
opposed The CREATION debit for such purpose
and commented AZ lcncih upon this point Mr. rhonp-
son cont nrcd hs rymarks IN sug this a whg
sure and his argument mainly In exposition ~ the
v,ws ~ the democracy. aud what he termed tn iacy
of the whe party liforc concluding the hour for re-
arrived anu TIE House took rvcrss.
AFTERNOON SESSION.
p,HArr CsSAL CaSrIyrn.
Mr. THostrsoS concluded hs remarks. IIe wp follow I
cd ~ Mr. AN8uo~. who advced the passage II the b as
inir duc,d Is A.F Alsn and w opposition q The sub
stute of Air leroy w opposed g the theory q
direct II xati 4. chcrise by the dcmocratc party of
The state and III favor ~ the proposition %
letc the enlargement by appropriation ~ the surplus
u to canals f1r thrre To- the amount II
100000 This method would MT impose upon any I
portion of the State greater burthen than r. be
borne by their n.ighbors. The system ~ internal i'm
Irty,mcnts the offspring q the wing party ani ~
dir, opposition stood the dcmocratic party That
question has been perfected and the advantages derived
f. m Il conceded on ai hands. Mr. a. at this 1
stage a his remarks paid high compliment a. d. witt
Clinton. the father a the canal ysctn aud alluded %
the upp sition atray,d against him, IL consequence
bis advocacy ~ the tacrna Improvement ysten. aud
the construction ~ lateral canals and hs elevation 10
the chief magistfncy ~ the state tsithsanding the
most unscruI cxertius q the enencs II the pro-
irt lie argued that the TEN of direct taxation hai
ever bCtn II the cardinal principles ui the demo-
cratic party. particularly cxmpihe in the
a Silas Wright and Agariah 4, tlagg. lie insisted
that the whig party. aud 4 alone, belong 4 thu credit
II mating the canals ~ the state which have proved
signaly beneficial e. H. financial aftrs. Mr. n then
alluded the enlargement PROJECTS q 1858 AMI staei
that Governor seward the chief magistrate of The state