New-York daily tribune., 1858-03-16
FROM ALBANY.
Prom Our Own Correspondent.


ALBANY, March Is, 1853.
The attendance in both Houses was slim to-day,
as is usual on Mondays and two or three three fifth
bills were laid over in the ASSEMBLY for want OF
the requisite number present to pass them.
Mr. DURYEA gave notice of bill to-day to es.
tabllsh Quarantine in the Lower Bay, on an island
to be formed on Orchard ShOal, according to the
suggestions in the report OF the Quarantine Com
mssiOners recently transmitted to the Assembly by
Gov. King.
A motion to instruct the Committee on Banks TO
inquire into the expediency of the suppression OF
small bills as a circulating medium by the Banks of
this State, was voted down in the Assembly to-day
by a large majority. Straws sometimes show which
way the wind blows.
The bill reported by Mr.. WAGER from the Ju.
dietary Committee to repeal the usury laws, was
to-day referred back to the same Committee to give
certain members of the Committee, who were ab.
sent when the report was made an opportunity OF
presenting minority report. Reports were made
in the Assembly in favor OF printing the report OF
the Secretary of State on the Criminal Statistics OF
the State, the report of the Commissioners Of Emil
grafton, and the report OF Prot. Bache on the New
York Coast Survey, all which were agreed to.
Mr.. ARMSTRONG reported in favor of amending
the General Banking Law by abolishing the use OF
reaestate bonds and mortgages as basis of banking.
Several local bills were read third time and
passed
As the session draws to a close, measures are be-
ing taken to push forward the business OF legislation.
In addition to evening sessions, We had PROPOSE
tion to-day to restrict the time of speaking to 20
minutes, which was laid over, and another by Mr..
SHEPARD for the appointment of Committee of
Eight, usually called grin1ng committee" TO
report bills proper to be referred 10 be reported
complete-nO bill Of a general character to be re-
commended except by unanimous consent. Mr.
LYNCH preferred Committee OF Sixteen. Mr..
HUTCHINSON opposed the proposition as mis-
chiey0us, while Mr.. COPPERNOLL and others IA
yored il; but it was finally laid on the table, 10 be
considered when the House shall be more full.
Mr.. RICHARDS of Washington County introduced
Joint resolution in favor of SO amending the Con.
sttuOn To abolish the property qualification for
cOlored electors, which was laid over. The Com
mttee ofthe Whole, Mr.. Bell in the chair, reported
progress on the bill to establish Sanitary Police IN
the City of New.York.
Mr.. r. JONES. ir. from the Committee on In
surance Companies TO whom had been referred the
bill 10 incorporate the Income Insurance Company
of the City of New York, presented awrtten report
the other day strongly recommending the passage
of the BILL The kind of insurance sought 10 be e.
gallzed by the passage of this bill is new III this
country, though such companies are said 10 be 10
successful operation in Europe. The bill authorizes
the Company 10 insure To holders and owners of real
chldlt the prompt payment Ol rents or UlhtT lu-
come from such property; also, tO insure the pay
ment OF interest on bonds secured by mortgage The
Rent Guarantee Society Of London, chartered 10
1850, with capital of half million of dollars has.
the report states been doing business with marked
success on the principle proposed by this bill since
It's establishment. One of the sections of the bll
provides for all accumulatine fund, an idea said 10
be held in high esteem in France and Germany.
For instance, number of persons contribute GER
tam amount each which is 10 be deposited with the
Insurance Income Company, aud by that institution
TO be loaned out with certain restrictions, and AZ
the end Of given number of years. not 10 exceed
twenty, 10 be returned with the accumuatOns Of in-
terest, to the survivors OF the original contributors
The capitsl of the Company is fixed at Sl0O0OV
with the privilege of increasing the amount 10
$500, 600. The following gentlemen are named IN
the bill as the first Board of Directors viz Messrs
John II. Livingston, James De Peyster Ogden, D.
Romeyn, Broadhead, Morris Franklin, Pendeton
Hosack, ThOs. G.. Talmage, James w. Barker
james Bleecker, Edmond Dwight, Dayton Hobart
Chas. II. Haswel, Wm. c. Langley. Joseph b.
Narnum, Edward L. Livingston, o. :. y. PECK
Augustus c. Graham, Thomas Stewart and John
+. Eutz.
The SENATE to-day adopted Mr.. Diven' = resoll-
ton providing that hereafter Senator shall speak
more than ten minutes at a time, nor more thal
twice on the same subject, except in Committee oil
the Whole. On Mr.. STow's motion the following
resolution was adopted:
Resed Thai the Controller Be requested 70 report whether