The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-04-03

not corrupted the literature Of the day.
The FINANCIAL LEGISLATION OF New YORK.
The Legislature, now in session in Albany, has
distinguished itself in q much greater degree than
any preceding one. 1t the first that ever ac-
cepted invitation, extended by the Common
Council Of the city of New York, to "vst the nsti-
tutons," drink champagne, and make speeches at
the Aston House, swallow rum brandy, and other
sweet-meats on Blackwell's Island and finish the
evening by dancing with niger wenchcs at the
Five Points, or other equally classic and re-
spectacle place. 1t has distinguished itself for its
anti-slavery tendencies and its gambling pr,pcnsi
ties and it is about to be distinguished for its nan-
cial operations. We find before the two houses,
and in position Of being soon acted upon, the fol-
lowing important financial bills, viz. -
Proposed loan for finishing the State canals
Proposed loa for the city of New York. 20000o0
Proposed tax for school purposes ........ 100000
Proposed bill Tor bully to enable the Sergeant
alarms and door-kcercrs TO levy on the
gambling establishments Of New York pro-
baby looVo
These important measures are now before the
collection of wise heads, known as the Legislature
Of this State, in solemn session in the city Of
Albany. In regard to the first item, We certainly
think the canals ought to be completed, and rem
dercd available, to transact the internal commerce
Of the State and Of the great West; but we would
like to see them finished in n constitutional manner
and by means constitutonally acquired. Norare we
opposed to increasing the State debt for that pur
pose, but want to see it done constitutionaly
But the way in which the Legislature attempting
to do it, is Illegal unconstitutional and arocious. Ii
it is necessary to raise the sum Of nine millions Of
dollars to perfect the canals the constitution points
out the in which it shall be done and there
is but method Of doing it, and that is to submit
the question to the people in a distinct manner, in
the shape of law, to be passed upon Mt the polls
SO much on that point. We do not wish to see
the canals and the constitution finished at the
time.
In reference to the loan for the city Of New York,
when it was first mooted, An item for paving Broad
way, on the Russ system, struck out, very much
against the wishes Of the people. There cannot,
however, be any constitutional scrupcs to this loan,
and besides, addition to the city debt of two
millions Of dollars, will furnish plenty Of opportu-
mites to the Common Council, of providing their
friends and c,usins with fat jobs and juicy contracts.
We have no doubt it will be passed with the same
and facility with which the Legislature passed
from the Aston House to Blackwell's Island, or
from Backwclrs Island to the Five Points, or from
there to some worse place, during their drunken
and dscrcditablc reyels in this city,
We are, and always have been, decidedly in favor
Of extending the benefits and blessing Of education
TO the youth Of our country, for the education Of
the masses Is the ark Of our safety, as u nation.
We would have the State dotted with schoolhouses,
ms thickly N plum cake is with currants but the
expense ought to be borne equally by the whole
State. and all parts of it. We believe that at pre-
sent, the tax il unequal, and bears heavily
some than others.
The gambling money movement is a lobbying
measure Of finance, which was set foot by Mr..
Bull, Scrgcant-at-Arms, in secret conjunction with
certain parties whose names II IL not necessary to
mention. The system of raising money from gam
blers in order to stiie legislation, Is probably as
constitutional q the schemes for increasing
the state debt. In consequence Of the excitement
caused by the exposition Of Mr. Bulls financial
operations in this city, it is very probable that this
gambling bill win be p,ssed, and gambling houses
will be shut up. The consequence will be that the
whole business will be concentrated in the hands Of
q few, who will have power and influence, and cor
ruption, and rascality, and determination enough,
to carry IL on in spite Of law, lawyers, judges and
juries.
Such is brief view Of the morality, the honesty,
the lberalty, the character, the philosophy, Of the
present Lcgislature-a Legislature distinguished
ior ahti-slayery, anti-rentisn, anti-gambng, anti
everything except drinking rum and dancing on the
Five Points, Of New York God help this p-or State!
Blackwels Island never should have let it vsitcrs
escape.