The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-09-14
PROCEEDINGS OF The CONVENTION.

ALBANY N. Y, sept. 10, 1857.
The State Constitutional Convention met this morning
nj nine O'Clock
THE FINANCE CANAL REPORTS
Tho consideration of the Finance and Canal reports
was resumed in Committee Of the Whole.
Mr. ANDREWS moved the following a substitute for
Abe second and third sections Of the Finance report
After paying the expenses Of collection supernendence
Ss Gana Debt afns Fund each year
ing the LIST day of October 1861 the
an prasipsI S several
Interest Of sinking shall be strictly applied that
any fiscal there shall ~. be buted from said
se ss
Of the canals each fiscal year may applied BY The Legs
The authorized be levied provide for the sinking
s oe SsS'as I debt hereby after
Mr.. MCDONALD moved to add to Mr. verpanck' amend
mont the following
Legislature by such law provide for the pay
men, Of balance OF or principal over and above
Of such loan within eighteen years from Of
tracing thereof
Mr. HATCH offered an amendment providing that the
surplus should first be applied the Erie Canal
and then 10 tho lateral canals. Lost
Mr.. RArupuS moved to amend 80 that the surplus
revenue shall not be anticipated or pledged Carried
Mr. ALvoRp moved TO amend, that If the surplus
nues shall not DO used for the Improvement Of tho
mails they shall be and remain part OF the Canal Debt
Sinking Fund. Carried.
Mr.. Andrews amendment, amended, was thon
adopted.
Mr. vERrrAxcK moved to amend follows:-
The LEGISLATURE whenever in their opinion the COM
the ooSnry and the If n 81 the
Of the said canals pass an act for such spee
done and The amount Of apProprsed for the cost Of
pie Of the for approval general cleo
ion and in the shall be approved BY the people
% men @ . s S sn r. S %
fei%Sur.a6e revenue. canals but psrs
al Of all he ahla
until the year 1878 such raised BY loan shall be
In no other manner and FOR no other purpose.
This amendment advocated by Messrs. verplanck
and Laphsm, and opposed BY aessrs Rathbun, Foger,
Tlden, Van Campen and Murphy.
PosrfOsEssST THE ARGUMENT LIQUOR QUESTION
Mr.. GRAVES said that the persons Who advertised
TO speak The Assembly Chamber against liquor prohi-
bion this afternoon unable TO fulfil the engage
mont account OF illness He moved the time for
such hearing be fixed for next Thursday afternoon, and
The Convention then took recess until soven O'Clock
Evening Session.
The Convention reassembled ut seven o'clock. The
consideration Of tho finance and canal reports
sumed
morning
Mr. 0rpYKE opposed the amendment because u was
departure from the financial policy Of the constitution
Of 1876 He would so for enlarging the canals when.
ever should be demonstrated that IL necessary.
The Canal Committee had abandoned their scheme
They had admitted that II could not be carried through
the Convention. The amount Of taxation paid by the
people OF this State In ls66 had been stated at hun
dred and eighty million dollars He believed this to be
low estimate. and in coming to this conclusion he did
inciuds the paid for charities, or churches &c
Mr.. CHURCH surprised OF the character Of Mr.
verplancks amendment Whatever might be said OF
those who cali themselves the exclusive friends OF tho
canals thing certain they would never be hung
for their modesy. After discussion OF ten days in
which been demonstrated the scheme OF the
Canal Committee must fail, o proposition had been
brought here that would involve expenditure Of
$4,000 900 without even fixing upon day OF payment
The plan Tor expanding S. 600 0o0, reported by the
Canal Committee, had been abandoned by them and
now q plan thai much Contemplated an
expenditure OF $50. 600 600. II monstroas and
should not DO entertained tor Q moment He warned
gentlemen 70 yield another nch In the direction of
debt II they did they would be mucn worse Oh than
under the present constitution.
Mr. vsnPLAScK accepted Mr.. hcponald's amendment
offered this morning
The question was taken on Mr.. vsrpanck's amend.
ment AZ amended, and was lost-yeas 20, nays SO.
Mr.. ALvoRp moved to amend, &c substitute for the
fourth section the foilowing:-
Every contribution advance made 10 the canals OF
this June ls4d which may hereafter be
made source, except their direct revenues shall
with interest thereon, at current rates. be paid the
treasury Of the state out OF the canal revenues as
as the same can be done consistent With ths provisions
with all surplus thereafter derived from
the canals be applied exclusively p the payment OF
fully paid provided however that such payment mar be
delayed for the purpose OF applying such revenues 70 the
aiure the necessities OF aud the interests OF the
State demand the same
After lengthy debate VT MURPHY said he would
move 70 strike on. tho specific named due the
withdraw his amendment
With that understanding Nr. Aivord said he would do
30
Mr.. MrRrHY then made his motion aud IL was
adopted
Tie Convention then adjourned