The New York herald., 1867-09-05
CONSTITUTIONAL CONVENTION.

CVNbIlIUIlUMAk CVN vkulIVu.
Addisienal Tsssineny In Relasie. 60 the
Managemeae Of the Canals-Enernous
Frauds Alleged 70 Have Been Perpstrated'
ALBANY, N. Y, Sept 4. 1907
The State constitutional Convention met u nine
o'clock Several memorials were presented for the
abolition Of the Board Of Regents Of the State Uni
versity.
Mr. E. BRooKs presented . memorial representing
s25, 900 900 OF capital and from SIS, 900 to
$4,000 900 OF annual business against prohibitory
legislation in the matter OF wines distilled and malt
liquors.
Mr. AIvoRD moved TO change the order Of the Con-
venton that evening sessions shall be held instead OF
afternoon sessions. Agreed to.
Mr. HALE called up his motion TO reconsider the vote
by which the resolution was adopted providing for an
adjournment sine die on the 10th inst
VI ALvoRD moved TO lay the resolution on the table
Carried
PUBLICATION OF TEE LAWS OF THs LEGISLATURE
Mr.. s. TOWNSEND offered resolution for the more
speedy publication Of the laws Of the Legislature.
Tabled.
rHR CANAL NvEsrIGArIoN
The PRESIDENT presented additional testimony taken
by the Senate Canal Investigating Committee In pre-
ssntng this additional testimony the Committee came
F,-The Commttes state evidence taken before
early establishes that frauds OF and Alarming
magnitude have In various been committed against the
state In hs S o. Its cana IN. IN
repair 5y eoatrasi has 6ssn and sun most
ysm 70 Ss speedily changed o aesnaSn'd
an s ss nS @
cessfuy carried through whereby large and con;
this character the important letting Of December 2
ali contracts made and by state based upon
letting az S and void and M that S the md
sSaes e e. ass very
OF money have fauduleny from the State yet
aa sen sps tn n sn T
eIIenures viii soon be required to put them IN proper
f,s-The evidence heretofore and herewith submitted @
BY Which treasury soa Of the @
dercd and shows clearly that the guarded
efficient and economical administration of these important
Sh-it is also the opinion of this Committee legal
6pu Be TO BY the state to the
CHARLES STANFORD.
AENEY h4Ni1 e!fMs11ssip g! M1sipsY
CONSTIPATION OF THE REPORTS THE STATE FINANCES
AND CANALS.
The consideration o. tho reports OF the Committees
Finances and Canals resumed in Committee Of
the Whole
Mr. ALvoep resumed his argument in favor OF the
report Of the Canal Committee. There was danger Of
railroad competition and Of diversion Of the Western
trade from the Ere Canal Twice had a bill passed the
United States House OF Representatives incorporating
private company for the construction Of ship canal
around the Niagara Falls and that work had only been
arrested by promises made to the West that New York
would enlarge her canals as to meet the demands OF
trade We must not wait until the actual necessity for
enlargement was upon US; or If we did there
abundant evidence to prove that snch neces:
the year when the present locks taxed to their
fullest extent and II steam should be successfully
DO 1t would be impossible to get boats through the
present locks on account Of the additional rapidy
wit which they would be m moved The West was
thai would seek market The East unprecedented.
But this yeer would be criterion for years 70
come The increase would continue. and it was the
duty OF New York to mako provision In time for the
transmission OF Western produce TO market Tho locks
should be enlarged with little delay possible,
to accommodate boats with equal capacity with those
navigating the Delaware and Rarnn canal boats which
carry the sized waterway OF the Erie canal
cagoes Of over four hundred tons This would cheaper
transportation by the movement OF large qianes at
small expense Heretofore large sums had been lost 70
been kept up 10 the standard Of ls46 the
canals would now have large sum stand
ing to their credit instead Of being in debt
TO prevent such contingency in the future the Canal
Committee had proposed that the tolls should not be
locks keep up the tolls and In that way reduce the
OF transportation AZ had been said that steam the
canals was failure. but he dd not believe It Steam
could be successfully used as motive power and we
must prepare the canals In time for this Improvement
ma. . .e nv h % o
nation OF ther report would show that would more
surely AID the public credit tina. . the plan proposed
locks could not be en- aged for eight millions Of dollars
he amount fixed by the Caual Committee; but test
had bsen taken by them to that II could be
accomplished FOR that sum. and responsible would
Jake the contract and give all the security for the
performance Of the work that the state might
require. The assessment rolls were fraud
and q lie upon the people. Go to the
insurance Offices will be found that
paid upon thousand millions Of personal property that
not transiu but stationary He would bring out
this property by the strong Of the law and expos
to taxation Raise real estate to it's market value and
you would have len thousand millions Of dollars Of taxa
bic property instead Of sixteen hundred Millions as at
present returned.
Mr.. OrpyKK spoke in defence OF the Finance Com.
mites. He d'd not regard the New York Central and
tho Erie Railroads as rival routes to the Erie Canal
These were all our uwn routes and contributed TO the
growth and prosperity of the State and city OF New
Veil ~. W. IL ~ct.l
three-fourhs Of the commerce Of the country red
there 1t the beet market and possessed the
OF transportation to and from It There danger
the city of yew Nork would nov hereafter lose
her comm rcial supremacy. He had been eed 10
witness here whenever the commercial interests OF New
York were referred to, members from tho rural
Districts spring to their fect rs though something was
going to be done % clip the wings Of that prosperity
But he had givn the report OF the Finance Committee .
careful examination and could those who heard
him that 1t did not propose anything that would harm
the commercial interests Of that city. He proud Of
the merchants OF New York, and for the best years Of
his life had been OF them. He felt that In a
he speak for them with reference 10 the questions
under discussion The proposed enlargement OF the
Erie canal would do more for the Western States than
would regard the immense taxation ha' the proposed
improvement would involve as greater evil than the
benefits that IL would confer To 90 successful, com
merce must be free and untrammclled. Tho movement
OF property TO and from the city OF Now York demon.
sraed tina, there necessity for the enlargement
OF the Erie canal. Every part OF tho report OF the
Finance committee met bis unqualified approval. The
people OF the State owed the convention OF 1s46 debt
hnanclal pohcv inen
rated II had saved the State from nkruptcy, and had
cxered IKE influence upon Western states wise enough
TO adopt It,
Recess to seven o'clock.
Evening Session.
The Convention rcassembled at half past seven o'clock
The consideration OF the reports on hnance and the
canals resumed In Committee OF tho Whole.
Mr. 0rDyxE continued his argument Mt some length In
favor OF the report OF the Finance Committee.
Mr. MrLER said the plan Of the Finance Committee
looked plain-an old fashioned OF paying OF the
State debt Tho proposition OF the Canal Committee was
entirely different That proposed to the state funds
for the enlargement OF the canals limiting the expent
SIS 900 000 He could not agree 20 the dazzling
plan OF that committee.
Mr. BROOKS spoke at great length In opposition to
tho report CT the committee and finally gave way for
motion 10 report progress and the Convention adjourned
nine O'Clock to-morrow morning.
NAVAL INTELLIGENCE.