New-York daily tribune., 1858-04-20
FROM ALBANY.

on Tuesday at p. m, and unless both Houses
'hould reconsider that vote, an event not very
probable, this very remarkable Legislature viii
terminate its session on that day. This delay In
adjourning has grown partly cut of disposition to
do something for canals, and partly out OF desire
to pass certain private and local bills which had
not been resched on Saturday evening last. On
the whole think the lobby had more to do with
continuing the session over from Saturday night
than any other body Of men about the
Capitol. Whether anything will be done
to-day or tomorrow for the completion
of the public works is still moot question. A
majority of the members of both Houses seem TO be
very timid They are afraid to do anything, which
shall be effectsl for the completion of the Canals
and equally afraid to do nothing and go home to
face their constituents. A large number of mem
bers went home on Saturday, and the Assembly ~
very thin A good deal of caucusng was INDUCED
in on Sunday. and number of schemes were con-
cocted for subservng both public and private inter
ssts What will be done can only be told after the
adjournment for judging the future by the past the
public have no right to be surprised at anything
Whatever hich this Legislature may do or fail to do
The first business in the Senate this morning was
the repeal of an act passed on Friday or Saturday
last cbartering the Peoples Loan and Relief Com
psny of the CITY of New York, which went through
by unanimous consent and very like IA streak OF
II.
ery that the charter grants tn the cOrporators the
T, wers Of general bank Of discount and deposit,
without any of the wholesome restraints usually put
upon such institutions, ard Senator insists that
it has asO the power OF bank OF issue and clrcu-
latiOn. I his last notion s evidently an exaggera-
toD, though there is no doubt cat concealed in the
heap Of innocent looking meal, and he is said to
have large and sharp claws.
" hen Mr.. WILLIAMss name was called, he said
he was opposed to the bill now sought t. be re-
peaed, and that it was put through the Grinding
Committee only because 1t was strongly urged by
all the New-YOrk SenatOrs-that it never would
have become a law but for the advocacy of those
gentlemen. He regarded it as gigantic swindle,
aud could not understand why the New-YOrk Sena-
tors who evinced so much anxiety to defeat the
Broadway Railroad bill, should favor this.
There is no good reason to suppose that this re-
peal bill will pass the Assembly.
Mr.. NOxON Loved that the Senate go into Com
mittee of the Whole on the bill to provide means for
the enlargement and completion OF the canals, bill
which leyies three quarters OF mill tax, aud re-
peals one of the acts already passed by the Legsa-
ture, viz: AN act to provide means to pay the IN
&" terest on portion of the canal debt" passed on
Friday last
The Committee reported progress on the bill, and
Oh motion of Mr.. WADswORTH it was referred to
Select Committee with instructions ts report at
ia o'clock. Messrs. Wadsworth, Noxon, John
son, Diven and Schell were appointed such Com
mttee The House took recess for forty min
utes, during which time the Select Committee, after
having consulted with leading members of the
House. reported unanimously in favor of Mr.. NOx-
on's bill which was made the special order for 81
o'clock this afternoon. The Senate are now, 3
D. H., engaged on the Canal bill, of which the fol-
lowing Is cOpy
An ACT provide Mean. for the Enrseme.: and Completion
of the Canals of this State specified in Section Article
of the Constitution for the fiscal year commencing o'oosf
/, 1859 and to appropriate the same;
and Aaemby do enact as tolows:
by for the support Of Government there shall be imposed or
the fiscal year commencing October 1853 three quarters OF one
mill dollar the valuation Of res aud personal property
taxable 10 this State be assessed raised and collected up N
and BY the annual sssmen ana e0Isn PIE o. taSs ns ~ ~ %
County Teasure respectively into the treasury OF the state TO
be there received held and paid for the oecta purpose in TINS
sEc The Whole of the levied collected under the
credit s Of the Cs1 Fund and shall be held applied aud
psd the enlargement and completion Of the Canals pro-
ded by the third section OF the seventh article OF the Con'
tion.
preparations made oI to be made OF the moneys upon
such aforesaid for the soe said shall be a"u
the Commissioners of the Canal Fuud 70 invest from time 70
time any surplus exceeding $500 o0 Of the Canal Debt
Sinking Fund under section article of the Constitution in
the said TO be levied the moneys thus invested 70 De p
piled meet appropriations made Of the moneys 10 arse IRON
such and much OF the moneys anng from sch TAX as
in he first instance said Sinking Fund for the
such tax and for interest on the same tue
Of five per cent annum hom the time OF Investment 10
SEc In order continue the completion and enlargement
of the c ais the Of the Canal Fund author
lied directed borrow the Of five hundred thousand
dollars in the and prescribed by section four OF chap
three hundred AID OF the laws oil eighteen hun
TIE Commissioners Of the Canal ind authorized
borrow under the provisions OF the Constution sum shcent
the interest upon that Pon Gi the caa ceos @nh
article Of the Constitution as amended III 'he year eighteen
SEC The proceeds said of three-fourh, of mill
dollar TO be levied fOI The hsca yesI mn In ~
vded by che fourth section chper 63 of the aws Of 1857 are
hereby appropriated the and completion OF ne
the River and Genesee Valley canals and for the compile
ton of the enlargement of The locks OF the Chsmpa cana ana
OF the Erie canal such appropriation shall De
he sum Of for the completion of the Osweso Canal
The Of sOO tie completion of the C.yug, and Sen
The $4,000 tie completion Ofhe Black River Ca
The of $4,000 for the completion Of the Geuesee Valley
Ard the 100000 for completing the enlarged locks
balance. being sl225oOo to the enlargement of
SIC The acc entitled an act provide means to pay the in
e.t portion Of the canal debt. passed April H. 1853 is
/ rather think this measure will 90 through the
Senate. How it will be in the other House We
shall know after il goes there.
The Assembly after lengthy and animated de-
bate on the question of adjournment finally relapsed
into the third reading of bills, chiefly claim bills, OF
course.
fAddtions BY Telegraph
sFNATE-AFTERsooN SESSION.
The Canal bill was considered III Committee OF the
Whole, reported TO the Senate, read third tune, and
YEAsNMe..rs Anne. Darling Diven DOherty H.l.;ed Hub
bell. Noxon Patterson Sch.l Ws1sworth
NAYS-Messis BrandI Burhsns Ely FoOe Lafin Man
deyile Prs't Sloan, Spnoa Stow, Trumn j. D. Willard
The Senate passed aconcurren resolution 10 az ourn
al lO ocock this evening, and then took recs Until