New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1871-02-02
ALBANY.

HOtsn hbOb' FflE TWOhBI1 OblhHRH 'S-"A@
OF THE DEMOCRATS ACTUALLY AS AS, t OF
THEY .1,IYFs-UOw AN "HONESr" COUNTRY
Hr,uRER otIIETED HIS CoNsCIENCE-DEBATk
on THE USURY LAWS
AInANY. Feb. 1.-The Twombly outrage con
l,nuee 10 be the subject OF much discussion The Demo
traits are undoubtedly ashamed of hemseves-at least
lhe half dozen or so Of them who are still capable OF
.xneriencing that sensation. IL ia reported that Mr.
Randall of Cortland very respectable man, who occu
nice a seat in this Assembly by reason Of the conf
aence of Republican voters in the uprghtness OF
his character absolutely refused TO vote with his party
unless he could have opportunity Of examining
the report and making up his mind on its merits
Accordingly, a copy of the majority report was left
With him over night But party makes towards OF us
SILL Mr. Randall satisfied with reading but one sac
of case He not only satisfied to see others denied
the privilege which he had insisted on for himself put
voted deny others that privilege 1t Is to be hopeu
that his Republican constituency viii see the proprety
of being represented in the next Legislature by one OF
ther own party
Mr. Goodrich offered the annexed resolutions in the
Assembly this morning They are ndsputaby truei but
is possible that statement of the facts which they
contain might have been made In language less open 70
objection from the dominant party At the instance Of
Fields the Speaker ruled them ont OF order and refused
90 allow the clerk to go with the reading The follow
ing Is a copy
Whereas. The Committee on Privileges and Elections
fhe matter OF the claim OF Horato n Twombley the
seat now occupied by the Hon. john Carey, ad-
joTned, subject TO the call of its chairman; aud
Whereas. the Democratic majority OF said COMMITTEE
the Slst day of January without calling said Com
mittee together and without notice TO the minority pre-
scented their report TO this House. apparently by secret
that they should all be In their places on that day pH
without similar notice equal and fair opportunity to
TIgcas, BY this preconcerted plan, and under the
whip and spur Of party discipline, and by operation "
and debate was taken from the minority; and,
Whereas, While tie Clerk was reading said report
80 pages being distributed to the MEMBERS there
Resolred. That the Chairman OF said Committee be
directed TO inform the House at whose expense ana by
Resolrcd That 25coo copies of said report be printed
for the Of members aud for disnOIuon to the end
that the people of this State may know,
That said Twombly, according 10 said report, actu
ally receiveda greater number OF votes than his oppo
nent seat for whom the votes of two election
districts were diSregarded and thrown out.
H. What the shallow IrcteXt was upon which Demo
cratic officials disfIanchised the voters OF whole
election districts, and counted in said Carey in order to
break the tie vote or the House, and secure To their party
te organization aud control of this House and the ics
III How swift the Democratic party is to nullify the
expressed will OF the people, and usurp apower not com
,s,i9T, and f,ud Tbsucver IL becopes Mi,ti@T Of
party necessity for the preservation Of The party as
" That the present organization OF the House Sc
euTod by fraud upon the baotbox and in defiance ot
State "'''' VI '-'' '-''''' u ''''
strong movement is in progress in the House in
favor Of modification Of the Usury laws bill making
OF January by M Pound OF Niagara and has been favor
ably reported rom the Judiciary Committee. This bill
makes the penalty for receiving charging more than
seven per cent interest forfeiture OF the interest only,
instead Of the entire debit under the existing laws
II than per cent has been paid, the pe
persons who have paid the same, or their legal
Representatives,, may recover twice the anOnSt OF the
interest ullt pau PROVIDED SUIT Is brought WITHIN TWO
ycgIs from the time said excess Of interest is taken.
Alscm6y, While in COMMITTEES q the Whole on tnis Bill
the pe2seI hut one were III favor OF even St more
AT he
S,ccnburgh and Woolsey oil spoke to the point and
brought forward several Illustrations of the I'D effects
OF 10" presen' Jaw ME- Mq>Gie{ Of Kings Nes He ONLY
alive restriction t. seven per cent He aadHced The
Nast practice OF "lOckng up greeubacks," as proof
Mat 'o3f Te'G'S laws s,1 We're Necessary ny. resort
10 only made possible 10y the insufficient .a n, re
tonal Banks. The Bank of England usually maintains
equal 10 90 per cent or more Of its demand La
biltes The NewYork banks required TO Keep only
% per oeut and OF the reserve which they actually do
kcr Frequently less then five percent Is in United states
which in hc ordinary business transactions
al the community and the three per cent certificates
hM.ch are nor employed ~ an 10y tne commercial woIlo
The advocates Of the bill, their part urged tiat
There was constantly in the market supcrabundance Of
securities of ~ kinds paving than per cent III
terest 10 the investor and that therefore 1t not to
their ncghboIs al per cent when they could easily Oh
tain or by buying railroad stock, first mortgage
Tiey called attention 10 the Melknown fact tnat Of
money at per cent, or the bond and mortgage of
tic bcst real estate in the City OF New-York MIR.
Van stceubIgh, Ia reply TO a sally OF Mr.. MOseey,
that it only the mOneylcudeFs who wanted
this hill put through said that he had been
all his life, and that he supported the bin in
interest Of borrowers. TIE operation OF the present
law was unfayOrable to borrowers, inasmuch as the
lender obliged 90 charge premium on the market
value Of the Of money, protection against TIC
law. lie has TO insure himself against the additional
yS Of loss TO which the law subjects him. No action
was taken the bill and It will again be considered IN
Committee of che Whole when reached III the order or
business.
This afternoon Mr. Prince called up his resolution rea-
tive the appointment Of Committee OF nine for the
purpose OF considering what general laws be enacted
the avoidance OF the present vast amount OF special
legislation. MI. Prince ably supported hs resolution at
considerable length and made Use Of many excellent
arguments. He was two three times interrupted by
Nelson who seems ambitious to be known as the
"COwn OF the House" The member from ROckand has
for days been exceedingly facetiOus, and has evil
IDENTIFY quite recovered his spirits. Messrs. Fields, Little
tOhn Hustled and AlyOrd, all took ground against Mr..
Princes resolution, which, together with substitute
offered Mr. Fields finally referred TO the Judi
eiary Committee. That some reform Of the kind which
easily understood from merely looking the titles OF
The bills which daily introduced here.
Mr.. Pound offered concurrent resolution proposing an
amendment 10 the Constitution giving members OF the
Legislature "a salary Of S0O0 per annum aud mileage at
the 10 per mile. The present pay Is s. day
for 100 DAYS.
MI Tweed introduced bill in the Senate this morn
ing repeal the law authorizing tie widening OF Broad
way, and under which damages have recently been
awarded 10 the property Tie Railroad Commit
have appointed Wednesday, Feb. 10, for hearing Of
persons interested IL Mr. GOOdichs bill FOR the repeal W
tLe Erie Directors law.