The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-03-17

i
attention, and probably rendr, her doing. more
| eccepisbie thsR IL they should re-conveae Iriog
ne dog days, an uniting season for cool md de-
| lberate legislation Think of this suggestion. ye
learned and dignfed fathers Of the State and SER
| wants OF the deaS peope w.
ALBANY. M7rch IA, 1851
Whot is the Am0oaf of Unclaimed Depos,ts in the
Savings Banks and Banks of D,scowwt IL tins
State pho csm tell?
Doctor Brandreth, Senator from the West.
chester and Putnam district, hiss been endeavoring
10 institute inquiry by which the fact can be as
certaiDed how much unclaimed money now re-
mains In the po session Of the banks, more espe-
cially the savings banks, Of this State Some four
weeks since, he introduced resolution authorizing
the appointment of committee to make personal
inspection of the books of the several banks and to
make that examination during the recess of the
Legislature. II was opposed, on The ground that
travelling committees were very expensive. and
that the information sought to be obtained would
require greater length of time than could judi
ciously.be devoted TO it. The resolution was per-
mifted to slumber until yesterday when the Doctor
called II up fer consideration.
II is stated that many millions of deposits remain
this moment unclaimed, and upon which the banks
are annually coming incalcuabie profits IL is as
serted that many sums have remained for fifteen.
twenty, and thirty years, not having been called
tor; some account Of wing been placed there
Tor safe keeping, by single men and women. many
OF whom die without leaving any rghifu heir
others-such as seaman-die at sea, or on some
foreign coast and there buried, without leaving any
record that they existed themselve much less
that they had any money deposited in a savings
bank.
In the discussion, yesterday, Mr. Beekman stat
ed as fact that within the last month, sea farinR
man made application at the counter Of the Seamans
Savings Bank in the city of New York, for m oaey
which he had deposited near twenty ye ars SINCE
The officers OF the bank had long since supposed
that ne had died in some unknown region, and were
Of time
There are, undoubtedly, many such instances,
and the truth should in manner be ascertain-
ed. If there such enormous amounts remaining
for Bse speculation and accu mutation in possession
savings banks, II certainly should be brought to
public view and the State shonld become its keep
er The plan proposed is, to take it from the banks
end place II IN the hands OF ths Comptroller for in
ves'ment, the proceeds to be placedin the common
school fund, for the benefit Of the rising genera
The banks and ell chartered institutions, are al
ways well repre- srnted IN the two branches proper
Of the Le gslature, besides having at command a
lobby endowed with talent, perseverance and ad
roitnese. This was exhibited during the dsccus
sion Of DR.. BrandTeth's resolution Yesterday II
was opposed BY two bank men IN the Senate, one
director and the other president, and both Seua-
tors who command an overwhel Ginning majority in
that body upon any question where they unite.
They succeeded in laying the resolution on the
table and adopting another requiring the ComptroI-
ler to furnish sil the information upon the subject
which is in his office.
This is very important matter, and very inte-
resting 10 the peole The Legislature should adopt
some means by which the truth can be elected, for
there IL not much reliance be placed in the affi-
davis which bank directors compel their officers
TO swear 10. Their books should be rigidly ex-
ahmed, and their transactions traced back 10 the
origin OF each incorporation, and every dollar found
there which has remained unclaimed for "a certain
period, placed at once in the public strong box where
l; actually belongs, and, when placed in the trea-
sury, the dePosl'or. If absent as long or longer,
than Mr.. Bee kmans sailor, would be as sure TO
celve II as II II remained in the hands VI the
ings bank Spectators.
The main objections to Dr. Brandreih's resou-
ton is, the time and expense which a committee of
three or five would consume. Now, in order to test
the question egaib, n would be good policy for the
doctor, when again his resolution shall be up for
discussion, 10 offer an amendment, proposing GER
tain sum-say five hundred, or thou sand doll ars-
as the maximum 10 be paid out OF the contingent
fend Of the 5, nate for making the investigation.
This would test the sincerity OF senators who ma
nifest frie ndshp for the examination, but have
opposed IT, step by STEP oste nsibly OF the
probable expense viii ch will occur therefrom Give
them Cuotber dose Of pile. doctor the desired
effect may still he accomplished Your patients
are a racAof indomitable unbehevers, aud require
the administering OF no by dropathic doses w.
ALBANY, March Is, 1851.
The Legislature Ttsi, TO The Cny- Home for Sat-
Tors Utdus-S,ams~'s Saplmgs Bank-The
Sailors Home
A few days since, the readers Of the New York
Herald were informed that the Peoples Line of
steamboats, on the Hudson River, had invited the
honorable, the Legislature Of the STATE, to take
psesoae for the city. This morning. the select com.
ttee Of both houses having the invitation charge
held a consultation for the purpose Of making ar
rangements, and sell time TO embark, but neither
OF the memssrs could give any information
upon the subject All that was hefore them was
Rote, with the names of Daniel Drew and Isaac
Newton attached, rendering the use Of either of
their boats. They expected to have laid before
them the invitation Of the honorable ths Corpora.
ton Of The city OF New York, or some other body,
rendering hospitultIes, or giving some intInation
Of the manner Of their reception and treatment
after arriving in the city The committee having
nothing of this nature before them, co lelled
TO adjourn, and disperst without any action upon
the invitation Of the steamboat propuetors
Now, who can explain this matter Il il an in
adver'ence OF The common council, or of the steam
beat egents ~ The members OF the Leg stature DE-
sire 10 know what is 70 become Of them after their
arrivel in the city. They are not willing to be
dumped upon the clip, foot Of Cordndt street, like
a quantity Of freight or luggsg neither do they
~isb 10 be left cropping about the sixpenny eating
housss, the candy shops, or the cake and apple
stands, Ut any are remaining IN violation OF Mayor
hngslands uk'se , cor 10 grope about after view
ing The elephant late al night IN search OF shil
ling beds The session il now fast drawing to a
close, end the committee should b. informed forth
With what the intention ~ the invitation amounts
10. They do not regard trip TO New York, simply,
as a matter Of much importance, ns regards the
expense. because they take trip any night fo-
twenty tive or fifty cents So. the corporation or
any other respectable body OF men, or any we'll
cheracered individual, Bsraum. Burton, Brough-
am, Sfetson. or Howard, expsci to see the honor
able the Legislature 10 hecity previoes 10 the nth
of April, immediate invitstion should be sent to
MIR. Senator Johnson, chairman OF the joni com
niuee, They must be- feas'ed and champagnsd
at some body's expense besides their own. other
wise they'll remain up here. in Mr. Brady "ruril
district" that's certain.
Some two years since, the Legislature direc,ed
that certain portion Of the sai'urs contribution
fund should be placed IN the Seaman's Savings
Bank, for the purpose II erecting Home for the
widows and children Of deceased sailors The