The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1863-04-01

A1ss4aeass 90 enc mssrspol6 tau POstce
Act msperssa co the Asssaabiy-Hud.on
$50 hasiss~ Rivers Canal Company
Asaesds~sss 90 ths csassttutten Pa ssed
shs sss.ss-Diss ssssss on Paying the
rsssssss az shs state Debt In Gold
TIE PrsssAtiisfss 90 sss BEING Paid An
Gressbseks. &C.. &e.
A-AAss, March 81 1853.
The sisnains eommifisss u shs Assembly this
ag reported ssverai bins. Among the number the
ha ~ amend TIE ae,ropiisan Police act The BILL as
ane1ded. prov des four comn instead Of
three, and fos thu appointment % saperintenden,s
Cor Nsw lerk and cas for RFookiyn. They have
taken the police force and have inserted amend
RESTS throughou, 70 make n ouniorm tho feature
Increase u comnsoners add ta provision for superin-
'sndents. There material change the provisions
q the bdL The a,sndnssis are made By the change OF
one or ,wo words IN sstioG. Insertion of word IN
smother and throughout the BIN. 1t win be hard
cork N ascertain however, the real changes that are
made uutn The bin printed. and COMPARISON Is made
with the present ias The bin go@ 70 the printer,
and will be On The aiea about tie lasi u this week.
The bill TO Incorporate the Hudson and Harlem Rivers
Canal Company y ready for third reading.
having been reported this morning from the I'm
crossing Committee THIS bii n 20 nrm q com
Sroy 70, we ,ost moan n. p es.h .S
Harlem river 'trd iiairove Harlem river 80 that
vessels pass fron tho HUDSON 10 the st river, and
not be obliged 10 around he ower the city and
then up the iast river This Improvement that has
been urged ior years by those Who deopy Interested
IN the welfare Of the city nc New York In fact, Doubt
that there Ia any person IN tc oty o, New York who
comprehends ind, The ~ improve
msaer I hss bsan bsprs me nm
has been asked for but thIs AID his always been
ected, and now Il h proposed TO form conIsny 70 pro
pare this channel Tor vessels by issuing their bonds.
The benefit that will be derived by shipping u
the state and New York city by The mpros OF this
channel ia Of great importance that Il be hoped
the bill will become Law I understand that
there 10 be opposition o. II personal grounds
against OF tho mon advocating IL Ia the Assembly
Any person who would vote against OF this
rortance for any such personal plue violates
the oath OF his Office and dsgrsces himself his position
and his constituents.
The bill amending the constitution Of the state pro.
vide TOR tho appointment OF ye commissioners 10 adad
cate certain the calendar OF the Court Of Appeals
passed the Senate this morning.
The question of paying the interest on the state
debt In gold was taken up and considered AZ
some length. IL will be remembered that the
committee which had that question under consideration
reported against pay ing the interest Ia specie.
4 letter presented this morning, signed by the
officers Of some thirty OF the leading banks New York
city urging that the interest should be paid specie TO
Keep up the credit OF tho Stsc and urging tho import
ance of the Legislature maintaining the policy which
the high credit OF the state gives value
its stocks. This communication states:To promote this
important object the undersigned viii gladly participate
In making the required provision, either by contributing
in coin the amount Of interest which may be
respectively, by receiving the came IN currency"
Ibis signed by the officers OF such banks the
Chemical, Bank Of Commerce. Bank OF America
Bank Of the Republic. North America, Corn TX.
change. Continental, Bank OF the Commonwealth,
Shoe and Leather broadway, Merchants and several
others, IN all about thirty Tho debate OF the Senate
hibited a somewhat singular feeling motion made
10 IN specie 10 all creditors except the banks which
have suspended specie OF the senators do
caring az long tho state had not enforced the law
these banks the banks should not be entitled 10 specie
payment or interest State securities held BY them
This motion voted down, and then another amend.
ment offered 10 pay the foreign creditors their
interest In specie. This amendment adopt.
cd after short discussion The question then
was, shall tho original resolution INCH was not "a
amendment inserted2 On this debate
Senator declaring himself opposed paying foreign
cedtorswho were furnishing the south with vessels
OF war 10 our mTncrce, and ammunition
- be used against us-in specie.
The discussion TO day seemed " take political
party turn IN n great measure. The democrats and
very few republicans held army 20 the position that the
tae should pay It's interest In god and not violate any
OF its obgations They believed that Il would be the
bet for tho State 10 the end and should the
State be compelled TO go into the market H.
borrowwhch IL is not at all improbable that tho events
OF this may make u essential 10 do-the Increased
price that would be obtained for It's securities would DO
than made up. The credit Of the State stood fore
in thu list ~ States ard II their duty to keep
The debate continued until the hour OF adjourn
ment Of morning without taking any vote
tho resolutions amendments. The repubcans-at
least their lcades,hrougbout opposed paying the
IN coin. This fact would indicate that inssnuch
ID. republicans have large majority la tho Senate, the
holders ~ state secrritiest least those residing
this side OF the Atantcwiii be compelled take their
interest In greenbacks.