The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-02-22
THE AT E s T N e w g..
BY MAGNETIC AND PRINTING TElEGRAPhS.
-1~~~~~~~~>~>~~>~~~
The Prohibitory Liquor Law Passed in
the Assembly.
.
TRIUMPH OF TEMPERANCE In DELAWARE,
de-, &C., DO

PASSAGE OF THE PR0HIBITORY LIQUOR BILL IN THE
MISUNDERSTANDING BONDS AND MORTGAGES
AS A BANKING BAsIs--THE PANAMA RAILROAD
coMPANY-THE SENATE ON BENDER, ETC.
ALBANY, Feb. 81, 1855.
The multitude again aocked to the Assembly Chamber
this morning at early hour, in anticipation of the
final vote on the Prohibitory Liquor bill, which was
ordered to be taken at twelve O'Clock Al that hour the
Speaker announced the special order. Mr.. O'Keefe
moved that the House adjourn sine die Ruled out Of
order.
Mr.. Coleman moved to recommit with nstru ctons to
strike out the resolution. He could sit still and
a. bill Of such character, of so great commercial
interest of such vital Importance the under
sideraton TO become law without entering bis protest
against it. He much opposed to intemperanse
any other person, and would 60 far any gentleman
to suppress it. There immense interest at stake In
the city Of New York and other places. single
acturer in the city Of New York sells six thousand
gallons Of distilled alcohol in single day, drop Of
which IL used for drinking purposes.
The Speaker decided the motion not In order.
Mr. 0Keefe then moved to recommit the bill With in
the Conduct Of the majority Of tue House
IN pre- venting any amendments, discussions or atera-
ions o. the bin being highly tyranical There is no
but that minority is gallant band He knew it was
Such mesnnsss caps the climax Of ali the despicsSe
transactions of the Maine law fanatics.
Mr., Leigh called to order
Mr.. Bater-Put your order In writing
Mr. Mundy felt very indignant at the course of pro-
Mr.. leigh called to order
Mr. Wager demanded the point Of order to be reduced
to writing.
The Speaker dad not recognize him, but the floor
Mr.. wisner, who called the previous question
Mr.. OKeefe-l move TO lay that motion the table
Lost.
A motion was then made to adjourn. Lost
question then arose whether the call for the pre-
vious question applied 10 the motion re-commit,
upon the third reading of the blllp
The Speaker decided that 1t applied to the bill as re-
Mr. Stevens appealed from the decision and was about
giving his reasons when
The Speaker called him to order.
The excemen. here rose to a high pitch, the crowd
taking an evident nteress in tue proceedings the
Mr. Wager also attempted to give his reason but the
Mr.. Mclaughlin moved that Mr. Stevens have the pri-
yilege the House to proceed in order. Upon count,
Mr. Mundsy challenged the count of the Clerk.
Acssrs Blatcbford and Aitken appointed telers,
and members were directed to between them stand
ing IN tire aisle in front of the Chair. The motion
lost-56 to co. So by majority of -four free speech
was suppressed.
Mr. siebbins moved to lay the question Of appeal
Mr.. Davidson arose and commenced uttsring COM
plants against decision BY which member pro-
hbed from addressing the House. He also slenced
The usual time for adjournment having arrived, Mr.
o'Keefe reminded the Chair that the House should
adjourn. Decided, that the reading Of the bill had
been commenced, adjournment could take place until
The debate on the appeal continued for an hour dur.
ing which Mr. Stevens stated his reasons for appealing
from the decision Of the Speaker; vote was finally
Of the bill having exhausted all efforts TO stave off the
vote, the previous question was faaliy orderes The
eighty votes in the Affirmative to forty four in the ne
gatiye Three m,mbers only absent-E Cole, (whg)
Mr.. Dodge democrat and Mr.. Hunt (whg) This
ends the question in the House for the present Now
for the Senate.
the speaker in favor Of the BILL
He was followed by Mr. okeefs in opposition who made
the last speech against II.
Mr.. Blatchford Chairman on Banks in the House. sub
nftted an interesting report recommending that bonds
and moreagesb be no longer deposited with the Bank De-
parsment as basis for banking. The amount Of su,h
securities which have been deposited by banks which
have suspended is s124 the sales Of which have
realized only $4,000, being only sixtyons per cent
There securities in the department amounting to
twsptysix millions, quarter of which is in bonds
and mortgages. A bill was introduced preventing the
further deposit OF bends and mortgages basis for
banking.
compel the substitution OF State other substantial
stocks for the mortgage securities deposited. The
foundation Of City wild cat banks would then DO
tanned.
TIE attempt making increase the capital stock
Of the Panama Railroad Company TO the amount of two
miie ms additional Is being examined N the legislature
with much suspicion. There has yot been satisfac
tory explanation given for this large increase Of capital
namber Of locomotives and cars Tor the accommodation
Of al the travel and freight which may be offered for
many coming years lhe bill asking for such increase
Is 10 committee Of the Senate. The intelligence re-
ceived from tile Panama road Ia OF character which
doss not commend II to much further legislative favor.
The tarif OF prices established for passengers and
freight IL Of such an exorbitant character may
we'll a.tonsh all in this region OF railroad enterprise.
The price OF through passagc, either way ia twenty
Ave dollsra, and ten cents for every pound OF bag
gage. On aold the rate is one quarter OF one
Per Al other articles OF merchandise and freight
are charged with proportopabs rates. The distance
the thrus occupies four hours time In crossing
from Aspinwan 20 Panama, and rice II may
answer perhaps TO charge such extravssant prices
culatos going 20 and returning from California bat
Il s txsction heavy and severe upon the lsbering
people who dsve into the mines, day after day In all
seasons to gather Little gold dust 20 better the condi
tun ol their remote families the Pacific side.
II ssems that whilst the Panama Company are i'm
rortunpg the Lsgslature for increase ftwo millions
they have negotiated quarter million OF nonconwrti-
ble bonds in London. This fact becoming known In
Wall street. the stock nstantly mp ten per cent
standsR sincs at 1lo The managers think the road
can be worked for 3s or 10 per Ne capital which