The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-02-02
NEW YORK LEGISLATURE,
Senate.

ALBANY, Feb. ], 1853.
Notice vas given Of various bills, among which was
by Mr. Vanderbilt in regard 70 Greenwood Cemetery
TIE PACIFIC RAILROAD BILL.
Mr. BlNSIT (dem) moved that this bill be referred to
the railroad committee to report complete.
Considerable debate followed in which Messrs. Beck
man McMurray Ward, Bartlett and Wright took part
Mr. CooIN (lcm) threw aside The above matter by
calling up the special order The Senate tlcreupon went
into Committee the Whole ON
SAVINGS BANKS BILL
Mr. CooIEy stated that information received from the
very best showed that the surplus in OF the
best and Oldest OF The savings banks does not
2l per cent, and that aggregate OF all the surplus of all
the depositors OF all the savings banks OF New York would
not exceed five thousand dollars.
Mr. RABcocK did not profess TO understand all the es
ecal transfers Of bookkeeping but il very distinctly
Understood two years since that the amount quite
large.
Tic debate was continued at great length The ques
ton taken the proposition to put the money in
the charge of the Boards OF Supervisors for the benefit Of
the Ioor and the committee refused.
Mr. BmcooK moved to amend the bill as to provide
fat the custody OF The money should be with the State
Mr. McslrRRy said these mores belonged TO the city
where the Gerostors lycd-whcre they de-and he re
gretcd the desire on the part OF Senators to place
their hands the city treasury, into which the athess
guardians of the city have already plunged their hands
deeply. The enormous taxation inflicted the city Of
New York for the State schools must be in the
recollection OF every oncwc the tax payers fthe city
already mrossd upon themselves vast taxation FOR their
schools, Small or great thee little drppngs from
the becgars purse belong TO the treasury of the city aud
county CT New York and while the citizens raised
their Voice Of proe Indignantly against the robheres of
the City Hall would they not be also compelled to raise
another voice Of protest against oppression from the
Capitol In equity and justice this money belongs to the
poor fund Of that city, and no argument no law, can
take IL away from that city, without gross injustice
Mr.. WILLIAMS, (vhg) asked whether II would DO JUS
lice to the heirs and representatives. OF these deceased
poor vhoe money has been placed in the trust OF nst
utons authorised BY this State to place that money
Of the charge custody and control OF the State All he
detred to see IL given to safe hands that when
duly authorized representatives made their appear
ap eaance their property might be restored The State
having established these Institutions supervisory
sLouh be exercised by the State.
Mr.. HEIKaAS, (whig) thought that II anything sub
ssan'hl should be realized from these surplus monies
whatever of substantial vauc-shouh be placed under
the charge OF the supervisors Of the locality where the
monies have accumulated.
Mr.. plArr (whig) said--The surplus depostcs-un
claimed. unowned-are to be looked upon solely
cheats Nor can be denied that they belong In equity
TO New York and R, okyn. But II what u said Of the
supervisors New York is true they cannot be consider
cd safe repositories for large amounts II the repre-
ntatiycs from those cities win present plan for the
safe investment OF these moneys he would cheerfuliy
give such plan his acquloscencc.
Mr. McAuRuAy-Why not appropriate 1T to tho use OF
the dispensaricsY
appropriated to the support Of hospitals sol other
| public charities. .m
Mr. PIAT--What Is the amount OF the unclaimed divi.
i dends and dcposites, Of which so much is said?
Mr. CooIxi thought that iiom the best evidence sub