New-York tribune., 1867-09-13
PROCEEDINGS OF THE CONVENTION.

PROCEEDINGS OF THE CONNENiION'
The State Constitutional Convention met at 8
O'Clock.
Several petitions were presented and referred.
The PRESIDENT presented communication from the
Controller, in reply q resolution of the Convention
requesting statement Of all advanced or paid Tor
Canal purposes, or Canal debts from other sources
'Sn On notion Of Mr. SHERMAN REP oncida the order
Of the Convention limiting debate in Committee OF the
Whole on Finance and Canals 10 twenty minutes was 80
modified as permit Messrs. Clinton DEM Erlel lap
ham Rep o9taio Church Dem honr Orleans sacs ana I"d
Mr.. ARCHER called up The resolution oneied yeslel,
day relative to the Canal contracts and moved TO amend
Attorney General ought Immediately TO proceed 20 com
to yaesie t o "a ise state e.
II any implicated, as shall vndicate the honor oI tne
state and protect IFS interests ia the nture Tho rese
Mr. CoLLAHAs dom, Kings offered the following;
yention cannot be completed with justice 10 the subjects
under consideration in time to submit the same Tor ap-
Rtsored That this Convention will take recess nom
the day Of October next at "a o'clock at noon until
The resolution was laid ON the table.
Mr. toLGER dsep oniaro) moved ma, the Use Ok ne
10 Lorenzo Sherwood o the afternoon OF Tuesday next
sr lie nurnose Of delivering an address on The suDlecJ
of establishing national system oi freight railways n,
accordance with the PIlncipes sn" pan e1daceu d" ''
f,Mr A. r. ALLEN tRep.. Chatanqnal, from the Com
mttee Finance, submitted minority report IN Ieia'
ton TO taxes and assessments. taxing foreign Corpora
Mr. y BROOKS dem. Riehmond) inquired il the re-
port was concnrred by any other members OF the Com
ntee lie this quesii bccanse the reeommenda
of the report kre calculated to seriously ahect
'sIy Mr. CHURCH ~ h. Orleans said the nance Com.
mtee had given is consent TO Mr. Allen TO make this
report as his minority report, and nothing more
he consideration Of the reports on Finances ana Canals
were z SSIff hTHhM !, ' and HAMMOND dyo
Gated the report the Canal Committee, and Aes.rs
iIiI iIIUiDSGToN MAGEE dem, sehuyleD and YOUNG
Dem UlsterD opposed II.
'prr1' The convention took III eeloek pm
EVENING SESSION.
The Convention met at o'clock
The consideration Of The Finance "nd Canal reports
Mr. WARES rep. IIekimeD saId there were other
works in the state proud OF beside the canals The
railroads great public benefit as Wei as the canals
and II the people were told that ty must decIc 10 nQ
out The other there dobt as TO what their
decision would be- lie would leave nc QUESTION OF en-,
argement 10 the future necessities &" the case and the
opportunity offered he wOnl move to amend as follows
On after the ls day Of fJanuay 1861 the Legislature
authorized on the written ceftlhcaie OF the Conms'
of the Canal Fund TO submit to the people the
question Of the enlargement Of the Erie Canal IN such
manner and nj such time IN the Judgment of the said
Legislature, the public interests demand
MIR VERPLANCK 1lem, Eriel claimed that the Ere
years hence but without delay The West claims and
entitled speedy and cheap transportation and IL can
only be obtained by giving the canals capacity for boats
Of The policy Of the Finance Committee pro-
which the canal receipts pledged which less
than s2Ooo,OOo but by adding 10 that sum
for which the Canal receipts pledged to over
Illinois, Wisconsin, and Minnesota are each engaged IN
opening channels from the Mississippi 10 tho states:
should be prepared for the great increase OF
trade to come through these avenues added TO the IN.
referred 10 other outlets 6r the OF the West and
warned the Convention against melting the West 10 enter
into these rival waters and closed by explaining tho
effect of the amendments offered by him, that me sum
OF slsoo7?s9 g wonld be saved I dnns reducing Tue
Mr. CHURCH dem. oreansl said the eIlargement
scheme proposed by the Canal Committee would cost .e
OooC and had only been finished 10 years The
m
condition The structure would be torn 10 pieces tho
no canals at all IL was the dny of the Canal Committee
TO demonstrate the necessity for the enlargement aud
OF &;O0O0OO This had not been done They had failed
furnish this evidence they bad even Jailed TO sa9w
Clinton was always opposed TO taxation for the
Of m @ rievnS Hs tho 5Sr
taxation No people in the world were taxed 10 greater
Mr. BEADLE rep. Chemunel could see something be
side the dark side Of the picture The state OF NewYork
great and in making the amount Of the indebtedness
had not taken into consideration the value oi these
spoke In behalf of the Chemnng Canal work that had
reyolutonized large section of the state and more bust
Convention had acting though nothing should se
left Cor future Legislatures BE wond leave somenlng
for them TO do and that view would leave the question
OF the necessity for enlargement 10 be considered heat
ter lie would pay of the canal debt and postpone the
The question then taken the motion OF MT Yer
pnOk strike from the article reported by the tnaaSo
canal debt sinking fund and other canal purposes by tax
alton since lse and simple interest at hve per cent, and
II was adopted
Mr. T. BROOKS Dem, Richmond. then moved to |
amend the article reported by the Canal COMMITTEES rs
follows The Canal state debt contracted prior Ia Juno l.
ise, amounting the LIST Of July 1861 To Sa25I9,; the
General Fund debt amounting a the time last aforesaid
10 s6l2G22 2? the Canal Enlargement debt amounting
at the same time TO Sl0sO7OOO, and The Floating Debt
loan, contracted under the prOvi:ion OF Chapter |
al OF the laws Of 9amouning nj the same time 10 wit
the let OF; July 1867, 10 $1,000 shall be kuowg the
Canal debt aud the several snhpg funds applicable TO
the payment OF the said debts am6ntug e said Isl
ay uf July. 1861 TO 0O together with the ccntriea
tlcns be made thereto and The thereof shall be
known MS the CanEl debt sinking fnnd.
Mr.. IAPIIAM accepted the amendment
Mr.. MURPHY Dem, Kings moved to amend soas " |
pledge the canal revenues FOR he pay msnt of the eahal
debt.
Mr. LAFIIAM accepted the amendment.
The amendment onfrcd by Nj D. Brooks Was adopted !
CO u 81. |
M an. /