New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-03-26

sENATE..--AL March 25, Ie


Mr.. BARTLETT reported complete, with
amendments, the bill to authorize Albany to sub
scribe TO the stock Of the Sasqushanna Railroad.
MIR. CONGER reported favOrably on the
bill relative to the officers of the Brooklyn Institute.
Mr. Snow reported bill making an ap-
preparation to the Medical Department OF the But
falo University.
The Building Associations bill was made
the special order Tor Saturday.
The Committee Of the Whole took up tho
bill relative to Savings Banks.
MIR. CORNELL moved to amend, by striking
out the Canal revenue certificates as security. He
not willing to have the money Of orphans loaned
upon such doubtful securities az these.
MIR. VAN ScHOoNHOvEN said the idea Of
having these securities invested 10 some way. either
by special act or IN this seIeFallaw. originated with
an eminent Democratic lawyer, " no had an sx-
tended acquaintance with Savings Banks. As to
the securities 1t was well known that at this tine,
this very day they stood at = premium in the mar
ket, notwthstanoirg the late decision Of Judgs
Brown He Appreciated Ma. the people generally
had confidence In them. Nobody prstsndsd 70
stamp.
Mr.. CORNELL replied, and the amendment
was lost.
In the course of rambling debate upon
the amendments proposed, Mr. VAN scHooNHovls
expressed the belief that II the bill IN It's present
shape, or anything like 1t, should be passed, the
effect would be that these institutions would 90 out
of exissepcc and This was not his opinion alone, but
that Of individuals who were engaged In Savings
Banks
Mr.. COOLEY had rot expected that gen-
tleman's support for this bill, for he (Nr Van
Scho0nhoven) had opposed everything thai had
come up here this winter-aAd most vocierously
tos-henee he (Mr CO. did not expect that he would
lend his aid to this-and he was willing 70 lot Mn
vent his steam upon It, If he wished As % the
opinions OF individuals who were engaged In Saw
ss Banks, he conte ndsd that he had good auths.
rity in favor Of this bill a Mr.. V. had TO the con
tTary.
Mr.. VAN ScHooNHovHN denied that he
had opposed all the bills that had come up here He
had not. he believed, vetsd against single one yet
The Committee had the bill under con.
sidsrasion until after O'Clock when they rose and
reported proeress.
Mr.. ConeER moved to make the State
Prison Appropriation bills the special order for II
O'Clock on Friday. Agreed to. Adjourned.
ASSEMBLY.
BILLS BEAD.
To increase the security Of Treasursrs
in utuai Insurance Companies. Passed.
Mr.. Moss asked unanimous consent 70
end the bill to incorporate the New-Yofk 81
change Company In the Individual liability siause-
Granted and the bill was passed Recess.
Lfunssn Ssssion
BILLs PAasID.
For the relief of the Evangelical Luz
,hsrsn Church in the City Of New-York.
To incorporate the Panama Water Stock
Company. This company il to have q capital ssock
Of $500 900 for the purpose Of supplying the CITY OF
Panama, New.GraRada. with water.
To incorporate the Widows and Orphans.
Fund Of the Associated Presbyterian Church Of
Nerth America.
To increase the pswers of the Super
visors Of the County Of Kings.
Fer the better protection Of mechanics
erecting buildings in Wesschsstsr md Ulster
Adjourned.
Westssn Steamboat ExDlesisn-Fivs Lives