The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1864-02-14

che Legislator In Regard TO tho
Banks-Further Developments Made
by the Delegation OF Bankers-New
York City Banks Hold Three Hundred
and Eighty-ave Millions or United
states stock-MctropOlitan Police Bill
Bills Reported BY the House Commit
tees-Appropriation for the Mfiitfa--The
Intention OF Lee In Invading Ponnsyl-
vanin and Who Chrckmated Him
Spicy Time Over the National Guard
Militia Law, &c., &c.
ALBANY, Feb. Is, 1864.
Tho skating carnival for the benefit OF tho Sanitary
Commission of last night after having been post
poned several times account OF the weather. There
immense crowd the ice Great pains had been
taken to illuminate the Park but the wind blew go hard
that seriously nerfered with this part OF the show
and In measure spoiled the effect Batwhat was lost Ia
this was than made up BY tho large assembage Of
people upon and around the Park. The receipts
very heavy hut the time Of writing this estimate
or the profits has been made.
Tho question Of State national banks Is trouble
soms ono tho law MAKERS When it was understood
chat the representatives Of the New York banks
coming Albany to appear before the committees they
hoped that plan would DO suggested by this deega
ton that would point ont the necessary legislation But
In this they have been disappointed They almost
much in the fog as they before the bank
here The discussion before the two committees, how
has given the Bank Committees better knowledge
OF the real trouble and enabled them TO look upon the
matter with idea Of the situation OF the banks
but in obtaining this knowledge they are fully much
perplexed as before as to what course to pursue
Many Of the legislators complain OF lack backbone
the part Of the bankers OF New York They believe
that the New York banks have in their power bring
Mr.. Chase to terms. They came to tho OF the
Secretary Of the treasury during the first year
md fha al
and the Uuon from destruction by furnishing the funds
to carry the They have also rescued
Mr.. Chase from every tight place that he has been in
and now they say all tina. is received in return in graft
tude for oil this, threatened humiliation by Chase
There therefore strong feeling here In favor OF
New York banks putting their feet down and refusing
any aid TO Chase until he his fight unou them
shrewdest anancirs In the Legislature dec that IL the
banks will take that course the Legislature will stand by
them Is understood that the managers Of the Albany
banks are ready to take that stand the New York
banks Will join them. II is charged that the New York
bankers afraid Of the charge Of disoyay the gov
ornament But seems that after what they have DONE
10 throwing aside their patrons and opening their
TO the government time and time again. such cry
that would have any force
,o may ana may not nave rs ssc. upon their &C.
Bank show another very and good
son for not taking that stand-.he most important
reason being that they have gone tar and
pistey in the hands OF Mr. Chase that 3now late
Tor them 70 take that stand One Of the
OF tho banks stated that the New York city banks held
at t6 time 1886 0C Of United States securities This
being the case can readily be that they
In condition TO make bold fight They too much
question was ss why they did not apply 70 NJ Chase
replied that they had but they were unable TO gel
practical financial idea into his head.
On every side The question Is asked what shall do,
We cannot relieve the banks from TAXATION vet IL they
their state securi'es and organize uoder the
in spite o ss
have TO do this to cope with the national banks, for
%
which refused TO tho banks that
they furnished the administration with funds carry
the war when they could not get them from any other
souroo
The question Of taxes is of minor Importance
a. the following statement will 10 10 tho city
OF New rork $40 900 600 capital In the banking business
In associations organized under State The
per- osn Or PSI LEI hess BANK. Change their
State securities to national and organize under the Ma
amount aud the city authorities forced to levy
that additional tax upon the real estate in the city This
Zion that will attract the attention the and s
masses Of the people Our taxes are rady increasing
toas arc escaping taxation and thus increasing the
or me people.
tloa o. bills in the Committee OF tho whoc. large
number OF bills gone through with, but action
large amount Of business was transac,sd but 10 almost
every instance the measures considered reerred excu-
"sos ,own o. County q The state sscsd BY inter-
essd In tho order Of third reading Of bills was not
h anti, or
day This postpones the struggle that 70 take pace IN
che Assembly, whore the excitement 10 now At fever
number Of bills we're reported this morning BY the
standing committees Of the House. Among the humber
Wa bill to iegaize the action Of the Common Council OF
BROOKLYN In iss ring bonds for relief OF antilles Of vo
Iuntoers 10 amend the charter Of the city q Syracuse
BROOKLYN; also 20 divide the Eighth ward OF the same
city 10 the bill to ascertain tho value o. wrk
done under contract made with Nicholas Mcdonald for
regulating grading seventeth street in New York,
and to provide for the payment thereof the New York
Censrs Park Hotel association This bill Is 50 drawn up
that the Common couuc Of the city OF New YORK would
s ne, Gs hi pss 70 wss ss BY
majors the mot s uncertain but II seems
somewhat singular that the committee should have 70.
Most Of the session Of the Assembly Sakon up in
Committee OF the Whole on the annual Appropriation bill
Quito spicy discussion m ton to reduce
the appropriation for the militia from 500 600
70 100000. The debate took wide range. aud
charges were made that none but the militia organised
under the law had rallied In defence Of the country
General Crooke OF Kings who was in charge Of brigade
OF the state militia whom Ia rennsy wanna last summer,
euorzcd the militia organized under the old law and
declared they had three timos saved the nation In
re- TO the campaign Inst summer IN
bs asserted that was not tho intention Of Lee TO fight
battle west side Of the Susquehanna river but
that his intentions to place the Susquehanna be.
tween him and Meadcs forces soon ~ possible take
Harrisburg and then the coal mines, TO prevent supply
ron and thus break up the blockade tsosc plans
were foed by the New York militia appearing In time to
hold him In check until eades army could come up and
force baltic the side OF the Susquch anna. He
appealed to the House that they should mt deal gingery
with that band OF men who had thus saved the country
10 that hour Hc at the same time denied toat there
was politics In those regiments, and the majority OF
this House might quiet their fears that sub ect He
announced, the other hand, that he was willing TO
ace the Militia law OF 1864 repealed Reference made
by him the speech Of Mr. curtis on former occasion
about between masses and classes, and the idea
denounced.
M Curtis, however, met tho accusation clearly and
fully showing that what he said could not bear the In
terpreaon that had been placed upon II, but that the
idea that he conveyed the radical policy OF the
PARTY In power continued regard 10 finances woud
cause such depreciation Of the value OF labor, while
a was making the rich richer, that would create d.
vision people the masses and the classes and
that he still held. . .
THIS was followed up BY an exposition OF the Ma
tionaI Guard Militia Law by Speaker Alvord, who