New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-02-29

70 NAVIGATION e and he hoped the House would adopt
the meDfmeDt
The amendment WE iost' ,s..,
Mr.. Teese offered an amendment to provide that the
cmnanv sboud take M part of the road or bridges oil
the New erse7 Compan Y, except that part CONNECTING
the Morris and gssex road with East Newark.
Mr.. Pope sad he hoped the resolution would MOI
prevail NJ. roo.o He
said that he had but tvs serious objections 10 tns o
one that il allowed the corporatoT 10 ren tuo
and the other he sought TO remove ~ vainenu9n'
this was agreed to, and the other o.Jec'o in
moved bis objections would DO obyiated. ne Wss IN
favor of &C independent road from Ne Tarh 70 no
bokeD, and il this bib e0nld be amended 80 as ~
afford this he would withdraw his objections. ne
also read from u letter of Mr.. E. A. SssYens (Wao ne
said appeared to be the cole owner ofthS corporaon
showing that this amendment was In accordance WIN
what he said in that letter was bis object. ~
MIR. Teese then proceeded to read extrsets from mr.
Stcvepss letter, and comment upon them showiDgthe
great dang or to be apprehcn6ed FROM granting snch
extraordinary powers 70 a single individral-for Hr.
Stevens expressly states that incorporation ind ydna
whatever, beside himself hes any interest IN this bill
The whole of the manifesto Showed coneusvey that ne
entertained most bitterly hostile feeling toward the
New-Jersey Railroad Co., and it was to be appre-
hended that he might use the power given him by
this bin-to take the read and bridges OF the New
Jersey Company-to Djure shat Company, Mt all
events the bib as il stood gave him that power, and
tbis amendment was intended to limit it. Would the
House. under these circumstance vote to give TO any
power to construct bridges, this amendment it.
self provides for a bridge, and there could be
no good reason for giving power which, TO cay
the least was capable of being abused
he commended that there no such monopoly OF tn,
right Of bridging the Rivers Paesaic and Hackensack
az WAS alleged. The counsel or this bill had so con-
tended, and they were, in his opinion, right Inere
had been numerous decisions of similar cases in other
States and in this State in the case of the Morris aud
Essex bridge the Court of Cheaeery decided that the
exclusive privilege extended only to she right OF taking
tolls and in the United States District Court Judge
Grier decided that there no monopoly, and could
be none under the bill by which il was claimed This
was important for the whole argument for this ex-
orbiiant grant of power wes that the New-Jersey
Co. held monopoly Of bridging these rivers. This
not being the whole argument for giving the power
to Mr. Stevens to take the bridges of the NewJersey
Company was concIusively answered II being eem-
obslrated that the New-Jersey Company have
no monopoly there cen be no reason for
allowing this CORPORATION to take their bridges.
1t is said that compensation will be made by Mr.. Ste
vcfe for such OF the property OF the New-Jersey
Co. as he may take But he does not pro pose to pay
for the road from Newark to jersey City, but only
for much az he may take. Suppose he takes 300
yards, who is to assess 800 yards of franchise is
it not palpably ruinous to the New-Jersey Co. Who
wOu risk to ride over road III which, for even 3OO
wards he was liable to be met bv another locomotive
belonging to another road. The New-Jersey Company
do rot recognize Dir. Stevens claims havs no con-
tract with him, and this bill gives him the power
to use this roa without asking any cQBsent. Mr.. Ste
yeus. In his manifesto, sets forth q long list OF com
plants against the New-Jersey Co.; and @ NJ the leg
slatuIe give to g man embtered against this Company
the power to destroy their property and ruin hundreds
of stockhoGers7 Lass Thursday, when there was a
mere skirmsh this bill, the effect was to cause the
stock to fall 10 per cent in the Eew-York Market
pass the bill, and what then will be the loss
on this property Should this Legislature pass
law which not only thus deDreciates property,
but which may cost the loss of hundreds of lives
Who is it that s all at fearful of being delayed
in the construction of railroad from Newark to Ho-
bokenl For We lind men in the Hobbies from every
county from Cape May to Sussex, appealing IN the
mott agonizing manner for road from Newark to
Hoboken and not only that, but that it was OF the
last Importance that it should be constructed at once
Now Mr.. Stevens himself says that seventeen years
ago he procured clause to be inserted IN the charter
Of the New jersey Company providing Tor road TO
Hoboken. This uteen years ago; but was the
road built +? No. Mr.. Stevens made an arrangement
by which the New-Jersey Company paid some slS, 900
yesr-not to the people Of Newark, but to himself.
He therefore, assisted in preventing tue eonstruc-
ton Of this road Beside this few years ago another
bill was parsed, by which he could have built the
road to Hoboken. And this he never built. And this
is the man who cannot now wait for the course
of the Courts before he builds this road Was such
man entitled to any great consideration at the hands
of this Legislature II had been avowed that the OBJ
iect of this bill was to break down the New-gersey
Company The gentleman from Passaic MIR. Popel,
the leader of the party in favor of this blu upon tins
floor had declared in his place that 1t was the OBJECT
10 break down this Company.
IN.
object was to break down the monopoly.
Mr.. Teese said Yes; and when i asked what mo-
nopoly he replied tie New-Jersey Company" He
Mr.. IT. was net here to defend the New-Jersey Com
pany they had many sins to answer for not the least
of which YVES consentng to pay for long series of
wears large sum of money rather than build branch
TO Hoboken. What he and his constituents waited was
an independent rival road-he did not wish to break
down one railiO cad, but to build up another. lie did
not care If the, were only hundred feet apart bat he
could not consent TO allow two companies TO
the same road. He wished to do what Mr.. Stevens
said he ask ed for-grapt charter for road-and
to this end he had offered tins amendment Such
road his constituents asked for, and such road he
hoped would be authorized. The rules being suspend
ed Mr. Graham offered resolution 10 meet at Il
O'Clock this evening, Lost.
Mr. Slaglt said that it might be that a majority Of
the Horse might have co ne up here with a design of
voting for this bill and might have go expressed them
selves but this would not preclude them from voting
for desirable amendments such as this IL. Ii this
amendment wss adopted this corpora ION could build
their road and construct the necessary bridges; 1t
Only prevented them from taking the roads aud bridges
Of other corporations. He had objections to rail-
road from Newark to Hob0ken, but that reason
why he should vote for bill granting such extraOr-
binary privileges were contemplated in this bill.
When the advocates of this bill were asked why they
did not ask for an ordinary charter or build the Morris
and Essex Railroad extension, they reply that the
New-Jersey Company claimed TO own the monopoly
of bridging the rivers Passac and HackeDsack, aud
would therefore prevent the construction of the road.
He believed, and he thought the gentleman from Es-
eek had proved it, that the New-Jersey Company have
no such monopoly but they have the right TO take
this matter into the Courts and he thought that this
Legislature should pause before they passed law to
deprive them OF this right guaranteed by the Constitu
ton.
Mr.. Bond eaid that the BILL as it stood without the
amendment of bis colleague, granted the powers
sary for the construction of independent road from
Newark TO Hobokep, aud the amendment would en-