The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-03-24
NEW YORK LEGISLATURE.

ege affair will follow and the tax and toll bill will con-
sumo the remainder of the session w.
NEW YORK LEGISLATURE.
Senate.
ALBANY March %, 1853
THX EMIGRATION mIL.
petition presented from the mechanics Of New
York, against the Emigration bill.
BILLS ORDERED A READING.
The Maspeth avenue bill ordered to third reading
Also, the bill relative to the convey made by the
Dutch church corner Of Green and Houston streets.
Also the bill for the incorporation and regulation of
telegra phic companies
Also the bill amending the ter the General Ocean
Also, the bill allowing the Second stree. Methodist
church, Of New York to hold lands for cemetery pur
poses.
PROPOSED QUARANTINE AT SANDY HooK.
A report was received from the Commissioners of the
Land Office relative to the purchase of quarantine site
THE GENERAL RAILWAY LAW, ETC
Mr. BABC0Cx reported bill to amend the General Rail-
way law In reference to the appointments of commits
soners
Also authorize Buffalo to loan its credit to the Buff
falo and Pittsburg Railroad
Bills PASSED IN COMMITTEE
The Committee of the Whole passed the bill providing
for bridge across the west branch of the Hudson in
The same committee passed the bill for the relief Of
first in which the relief claim
drew out long debate,
THE IMPROVEMENT AusADrE RIVER.
The Committee Of the Whole considered the bill for the
improvement Of thu Ausa BILE river.
Mr. TAsER (whig) defended the bill, Of those
the state which only needed wise and liberal legislation
to display its resources, abundant and valuable.
rhes IT, ssd Of
Northern canal to an extent which viii augment the
revenues of the State
Mr.. WRIGHT (whie) illustrated the advantages Of the
bill BY reference to the vast lumber trade which had
Mr.. CORNELL (dem )-Can the Senator from the Four
teenth inform from whence the money be derived
Mr.. c. would be glad to vote for the bill
Mr.. WILLIAMS (whig) wished to knew when that time
to arrive when the debts Of the State to be
sidered as all paidi
Mr.. WRIGHr-As it is announced in several quarters
that the State of New York near bankruptcy tho time
OF beng out Of debt must be very remote.
are generous The State must first pay Its public ser
wants. Such appropriations designated in this
bill must take their turn
AFTERNOON SESSION.
THg YoRE1GN RANK MOTIF
The Assembly bill In relation to the circulation Of
foreign bank notes was Immediately ordered to third
reading and the bill had by consent q third reading.
Mr. PIATr (whigl moved to recommit, with in.truc-
tons to strike out the enacting clause
Thia drew a long debate after which
Mr. p1A1T moved to lay the bin on the table, Lost.
GUS effect of preventing the brokers Of Wall street going
to Illinois 10 bring her viti.ted currency here
The hour OF adj urnment cut off further debate
Assembly.
ALBANY, March %, 1853.
BILLS READ AND PASSED.
Appropriatng 500 coo to enlarge the locks of the Os
wego canal
Prescribing the banking powers Of the New York Dry
Dock Bank
To divide the Eighteenth ward of New York.
To amend the charter of Owego.
FOREIGN BANK NOTE ACT
Ibe bill to amend the act concerning foreign bank
notes was taken up and, after discussion, passed
1t orbds banks in this State to receive issue foreign
bank bills that at greater discount than is fixed for
the redemption of notes Of banks of this State their
agencies, now one talf per cent.
Mr. SHAW dem) of N. said it was a sort Of Illusion
to suppose that legislation could make bank notes
vs a sG et of
good for it prohibits the issue Of deprecated foreign
banks notes in this State There had been but pro
per agency to regulate tie currency of this country and
never could be until national bank was restored.
Mr. GALE (dcm) ofN. Y.-It regulated the politics of
Mr. SHAW said the bill was the best that could be
adopted and yet II was an iusionan Illusion for which
duce frards and confusion into business and this bill
puts foreign notes the same basis IN, and
them. But this security is for the time being only, and
may be withdraw any time within twenty four hours
The whole banking system Is fraud and will prove
There only two banks n the State that redeem
their circulation any 6ay The others would have sell
their to do it, He would not have introduced the
bill although might do good for the day but for the
day only. The whole system must fall at some time
although this mis- aid in postponing the catastrophe
The Assembly then took up the bill to authorse the
CONSOLIDATION CENTRAL RAILROAD COMPANIES
Mr. HADIkY (dem.) of Seneca, moved to rccommit tho
BILL with Instructions to amend by making way fare the
same per mile as through fare.
MIR INGALLS, (dem.) of Washington, favored the
mitment. He could not understand the haste with
which this bill is urged through the House The amend
ments important to tho protection of the people,
We authorize a tremendous monopoly and should
aa M p"be
nience nor public policy require the of this BILL
capital to be controlled and directed by mind The
bill unconstitutional; clearly And yet, why is
this consideration scoutedS Why there an attempt
TO prove lis constitu,ionsy This is special enact
ment subject which the constitution declares shall
be provided for by general law Could not consolidation
take place under general law
Nr. WooD (whg) Of Onondaga rose to point Of order
The motion was to recommit and the gentleman not
speaking to that point.
The SrRAEER decided that il difficult, under the
circumstances to limit the discussion the whole merit
Of the bill was before the House
Mr.. INGALLS, continued the discussion of the constitu
tiona argument. The constitution is imperative; and
honest judiciary will against this act for
Ii IL in direct conflict with that instrument II Is said
law could reach the special privileges sought
TO be confirmed II was to prevent this comforting OF
special ana % ts was 20 .
vision was adopted Aad for this very the bill
ought to be defeated The effect Of such consolidation
Of capital oyerpower all other corporations, and
crush all possible rivalry Its influence would be ire
4 sistible.
/ Of changing the Of members, but he must dis
| charge his duty in opposing it. The lobby
| members have seen here donkeyng at the doors
shows what influence Is at work to push this bill through
He dreaded the consolidation Of such an immense
amount OF capital. There q day when the democra
cy feared this not that they thought the people corrupt
but because capital had power and in large must
be dangerous The railroad influence is strong here and
shall we increase its strength This placing vast capt.
tai in the hands Of few men, and II they ht they
exercise II to the injury of the people lie under
stood IT had been said should this bill be defeated the
railroads would get up State ticket This threat had
been audacousy uttered in the presence Of members of
this House. This arrogant position Of the railroad
power the bes Of for the defeat of this BILL
If the public interests involved In this bill it would
be obligatory not to permit the railroads to con-
| solidate or not, as they may see at.