The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-03-26
NEW YORK LEarsLATURH.



AB,SY, March 70, 1873
Pl1uIos.
BY Hr. wnoum-Agarss any radical change In tho
banking laws.
BY Mr. EY (dem)-To amend the Brooklyn Water
works act.
by Mr.. AVIS (rcpJ-ro Increase the depth of water in
the Rndson river opposite Troy
by Mr. BRASpErr (dem. DO amend the charter OF
the Excelsior College.
BY Mr.. DIvEx (rep.)-To amend the lay relative 70
the taxation Of minister's Of the Gospel Also relative 10
tho appointment, Of commissioners 10 take private proper
" for public purposes. Also TO enlarge the power OF the
Board Of supervhrs.
ny hr. scH1f den. ITO amend the law relative 10
the improvcmcntof the breed Of horses
ny Mr.. iuHnr (dem. )-Rciative 10 balc hay and hay
scaios.
ny Mr. iIy.-to incorporate the MAnhsssas fsss soso.
pany
EVENING SESSION
Tie senate vent into Committee Of the Whole and re-
ported progress the bill for The protection OF gas con.
srmers IN New York and Brooklyn
10 Commiti oi the Whole the bill relative 70 the Ms
siorary society Of the Methodist Episcopal Church Was
discussed
No other business Of Importance va done
Assembly.
ArR,Sr, March IS, 1865.
Mr.. NJ MUM (dem.) asked leave 10 Introduce motion
for Grinding Conmit,ee. Objected TO-
The debate in the Committee Of the Whole vas re
ssrctsd 70 thirty minutes The bill 10 authorize The con
strucuon Of railroad streets parallel 10 Broadway hal
progress reported H. motion 10 report the bill cum
plee was lost
Mr.. laws bill relstse to unclaimed deposits In the
banks and courts had porees reported upon IT,
sor1o,Cp ccrtSEs roR BANKING ruIrosxs.
The bill 10 prohibit The deposit Of mortgages in The
Parking Department the basis Of banking taken up
NJ. wspp (rep) moved 70 s,rAe out the nrs section.
lie held tina, the depression Of mortgage securities
only Of temporary osracter that stock securities also
had deprecated during the panic, and that the bill would
Mr. cirNry (dcrn favored The bill on tho ground ths,
such securities only slpud be deposited ~ would be
tain "a realise dollar fo dollar on their circulation
The Srs.sw urged tie passage OF the bill AZ not inter
forr with The bonds ind mortgages ut present deposited
In tho Banking Department but only seeking gradually 70
withdraw from the baking system Of the state all qucs-
tsouahe securities
Nr wolcorI (rep. and Mr.. HrnRup (dcm.) spoke in
favor Of the bill.
M wlGrR dem urged the passage OF the bill, and
cited where ten thousand bond and mortgage
securities sold for thousand. In single instance
had he Sper ntend realized by sale Of mortgages the
full value for which hey deposited with him
NJ. DAYrF (dem) orroscd tho measure warmly, ~
sehsr,e Of Wall street operators, and declared That the
fi not in the bond and mortgages, bat in the State
oacer whose duty was 70 make cerAn that the bonds
md mortgages were sound, and not rotten.
Meesrs woIrcRp (desn. VAN vAIKx~BURG (rep) and
SSOS (dcm.1 supported the bill.
Mr.. wNEr (dem) moved an ameodment forbisdIng the
withdrawal u bank securities uDdsr $4,000, and $4,000
FOR individual banking
Mr. McNrrr DEM moved 10 amend by requiring mort.
CAGES TO be taken 20 per cent and stocks 10 per cent
under thor face
The debate was continued TN the adjournment
EyRSgvu SESSION.
Tie House in Committee Of ne Whole. with VI puryc.
N ttc char took rp the special ordG OF the day, tho bill
smcrd ~ l1st Years ayporiioept 10 give Brvome
county two nsnssrs end L. ipsssoo 90. 81