The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-02-18

$46i, 900, at four per cent redeemable in 1868. =
Senator Snow has been absent from his scat several
days, on account Of severe indisposition. W.
NEW YORK LEGIsLATURE,
Senate.
ALBANY, Feb. II, 1853
FINANCIAL NEUTRALITY-SUSPICIOUS. STEAMSHIP COMPANY
Mr. BEEKMAN (whg) presented the annual reports of
the Greenwich and East River Savings Institutions
Mr. BABcocK (whig gave notice of bill relative to
Mutual Loan and Accumulating Societies.
Mr. MORGAN (whig) gave notice of bill to amend the
charter of the Pacific Mail Steamship Company.
STATE PRISON CoNvIcTs
Mr. WRIGHT (whig) introduced bill for the relief Of
families OF State prison conycts
STATEN ISLAND RAILROAD COMPANY ETC.
Several local bills were read and passed. also the bill
authorizing the Staten Island Railroad Company to run
ferry boats.
wAsHrNGToN's BIRTHDAY
Revolutions were adopted for adjournment from
Saturday to Wednesday in honor of Washingtons Birth
day.
NEW YORK COMMON SCHOOLS
The bill relative to common schools in New York
THE ATLANTIC AND PACIFIC RAILWAY coMpANy-sENAroRIAL
DIGNITY,
The debate on this bill resumed by Mr.. Babcock
Mr.. Ward and Mr.. Bristol.
Mr. Cooley (dem.) said he should Tin answer to Mr.
the subject Of this bill And as to what had been said
about executive session, he repelled the idea that
minority had attempted on Tuesday last to defeat that
seen 1t ruled by minority yet. He had made the
tion Tuesday to delay matter Of sort Of
quence whateyer-not OF the slightest Importance
pared with this great hundred
millions of dollars And for this he charged with bad
faith He should act he deemed best Believing the
amendment of Mr. Babcock-that the per centage OF Ave
per cent should be made in good faitha good one he
should vote for it.
Mr. BRISTOL, (dem.) .)-when party, as a party, show
by their acts that they acting in concert and
off an important ltter they are as party, chargea
BILE. When individuals claiming to be OF tho majority
act their individual responsibility
Mr. CooIEY-I claim SO to act.
Mr. BRIsToL said they must take that upon their
sciences He then proceeded to speak of the " facous
minority, &c. He said the Senate have clear demo.
cratic majority by the casting vote of the Lieut. Governor
and the iactious minority were preventing them from
Mr. MrtooEYThc Senator from the Twenty third haus over
with the minority against the Senate Governor and
the people Now 1t different affair He could
and acted as became his duty to the country.
Mr. VAN scHooNHovEN (whg) alluded to the occurrence
in the session of last winter when the then majority
were to go into executive session. and when
the Senator from the Twenty third (Mr Brstol) and
other Senator's made long speeches all kinds of rele
and irrelevant subjects defeat that executive
sion II the friends of this enterprise under
sideration in earnest why should they object be-
ing M to PAY IN sHod faith tn thu the per sepage
last Tuesday viii he regretted he had not
been here to The gentleman from the Twenty third
rabe Tuesday the majority had been deliberately voted
down BY the minority All ordinary feats in arithmetic
Mr. CoNGER (dem.) opposed the amendment.
Mr. BENNETT (dem )-Whatever names may be added
to the corporat0rs Of this bill as In the first section
on is in the seventh section, that the great design Of
the bill is concentrated He had experience in all his
examination OF character Of any where not pre-
tcbed that the corporation created should give
some evidence by the payment of portion Of their CAPT
an enormous stock obbng fraud and he desired to
guard against even that possibility He alluded to the
fact that when some of the gentlemen whose he
had IN intr bad
learned the company they to be n and the posi-
Bile effect of the bi they desired their names to be
York had to do with the bilT He in favor of the
work Show any plan that seems likely by practicable
labor for it, But could not see in this BILL any
nection with the building of the road great rowing
copoIation without restriction of ground is to be sent
from Cape Horn to Behring's straits in search of fran
State New York from all t6sY i. is even now behind,
by two three years. other States in taking this action
Why should this special act Of grace to organize
responsible association be passed by the egsature-ts
scene Of action being at least two thousand miles
Mr.. BARTLETT, (dem) analysed the various provisions
of the bill, contendng that the powers conferred
railway communication between the Atlantic and the Pa
cifc Ever since the great meeting held at Philadelphia
in relation to this great ne had looked for
age. If this power to corporate be granted 1t is hoped
that Congress win establish post road from the Allan
tic to the Pacific and that when they have given the
best evidence of their good faith by spending millions of
dollars in the construction of hundred miles of
ance Believing in the integrity of this bill he regre tied
that the proposed amendment had been brought for
ward. He believed that if this great road should
The gentlemen interested in this bill do not ask for land
because they wisely judge that If the road is made to
delayed for than ten years beyond the time in which
it could be built otherwise. The expenses-the
ehnery Of bringing these far of Western est lands into i
that the road If made, would be extremely valuable and
gave series of statistics to establish this.
Mr.. BABCoCK (whig)-The man does not live who
tell from all that has been printed estimated, within
fifty millions of dollars what this road will cost These
corporators avoid the grant of the public lands-they
prefer the hard dollars Pending his remarks the hour Of
adouYnpent arrived
ALBANY, Feb. II, 1853.
LEBANON STRINGS RAILROAD
The bill extending the Lebanon Springs Railroad into
Vermont referred for the purpose Of being reported
complete.
MOCK AUCTIONS TO BIZ SUPPRESSED.
Mr.. HOWARD moved that the Committee on Commerce
be directed TO report forthwith bill to suppress mock
auctions in New York He said he had been Threatened
with personal violence should he urge the passage of the
bill. The motion prevailed.
wAsHNGroN's BIRTHDAY.
resolution received from the Senate, that on
Saturday the House adjourn to Wednesday to allow the
celebration Of Washington's Birthday
Mr. BURROUGHS moved to lay It on the table Lost.
The Senate resolution then concurrcd in by ayes
SO, nays 4S.
The NEW YORK PILOTS.
Inc House went into C0mmitteo OF tine WnOe On inc
bill to regulate plotage and license psts in the port Of
New York, which was ordered TO q third reading
PENSIONS FOR SURVIVORS INDIAN WARS
Mr. HARDIN had consent to call up his resolution In fa
vor Of granting pension to the survivorsof the Indian
wars Of 1871 and f792, which Was adopted.
AFTERNOON SESSIONS.
Mr. j. Ro<u moved that afternoon sessions be held on
uesdays and Thursdays consider the general orders
Mr. BURROUGHS moved TO amend by requiring the House
hold afternoon sessions Tuesdays and Thursdays Of
each week Adopted.
Leave of absence was granted to Messrs Finch Chat
field Welsh Ellsworth and Ashley, and then the Assem-
bly, adjourned.