New-York daily tribune., 1862-04-17

merchants cf New-York into new Exchange Com
pany and by special favor the rules suspended
and the bill passed the same day of its introduce
ton. The favor was extended to it below, and
at the request Of the Speaker il WAS read out OF its
order and ia now q law.
HEw-YORK COMMERCIAL ASSOCIATION.
Another bill in which the mercantile interest," Oh
the metropolis is interested, incorporating q ne"
Produce Exchange Company, also passed the Assel-
bly, after some difficulty. IL bad been up ioT a pas
sage earlier but received but few voes on account
of a misunderstanding Of its provisions. The same
bill in effect was introduced into each Dranch-py
Mr. Murphy in the Senate, and Mr. Mcleod IN the
Assembly. The Senate bill passed frst and was wa,
adopted by Mr.. Mcleod iii place OF the House olii.
The objection 10 the bill arose from feature IN
no, understood by which tribunal of conciliaiicn
is created to adjust difficulties between parties IN
trade and to which tribunal are given powers 10 Is
sue subpenas and enter Judgment, a. IN Oher CoutS'
The lawyers of the Assembly took alarm at TINS III
novaiion but by the efforts OF its friends TINS aafn
sllayed and on the second trial the bi passed,
substantially 90 first introduced in the Assembly py
Mr.. Mcleod
The UsURY LAW.
The commercial interests of New-York were not
so successful in the third bill, relating to their
affairs that came up last evening; TO w.t. the bill
g concerning forfeitures for the use OF money
Every wear the commercial enterprise OF the metrop
oils has struggled TO remove the shackles imposed
upon il by the usury laws, but each time 1t has en-.
"
most extraordinary bitterness This year the bill
introduced confined the reform OF experiment to the
City aud County of New-York, and il as follows:
s1cToN l. Contracts, hereafter made in the Counties OF
sb sgeed be paid for the loan forbesrancc
money shall be void except a'to such excess; but the
Shall he entitled the money actually loaned with
interest thereon at she rate OF per cent per annum and
sFc This act shsl sppy to loans msde by banks or
ban Kim ngpssocistions.
1t was reported complete by the Grinding Com-
mittee, but on coming up for its third reading was
recommi;ed 10 the Committee of the Whole, with
poor prospects of being again reached
THE HEALTH BILL.
! The Committee of the Senate had another meeting
YES erdav afternoon, and heard Judge Culver and
I +. Delafeld Smith for the bill, aud Drs Thompson
aud Gum for its modification. THIS was understood
to close up the argument. This morning Senator
Tobey endeavored 10 compel an immediate report
from the Committee. but DIR. Freer replied that tie
Committee having only finished the hearing of par
ties last night, were not yet prepared to report
They had met and compared views this morning,
and found that no two bed the or similar opin-
ions on this question lie promised that the Com
mittee would tomorrow make several report', more
or less II is moi certain thing that the bill can
pass tie Senate in any shape, aud more uncertain o.
passing If the cities Lot represented 10 lhe DuIu
APPOETIoSnFST BILL.
! The Senate Apporionment bill was reported in
the Assembly, ana sent 20 select Committee OF i've
McssIr. Prlugle, Anorrs, Ntnef, l.. NJ iDom"n, anu
McIaOd-to be considered, but which will not pre-
vent certain parties, with pet schemes OF their own
from msking a fuss about 1t. Already are these
symptoms growing out OF The political complexion OF
the Committee classified according to political ante
cedeuts the Committee is constituted of three he-
publicars and Two Democrats. But the genuine, un-
terrified Democracy are not disposed 10 recognize
that kind OF Democrats who allow themselves To De
slec.ed from Republican districts. In explanation,
the Speaker can say he took the best Democrats
he could fnd and more than that ought hot 10 he re-
quiIed OF any