New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-05-01
LEGISLATIVE PROCEEDINGS.
CFor Days Proceedings Sc Second Page)
SENATE. ALBANY, Wednesday, April 30, Isl
EVENING SESSION.


Mr. PERRY from the Committee on Cities,
reported fayorably the Brooklyn Charter which was
ordered be printed The Senate went into Committee
of the Whole the canal funding resolution, Mr..
Mr. LEWIS sand he would not detan the Senate with
Senator LORDS statements were so eXtrayaganty incOI
that he could not let them 90 abroad
About sLO0O0O the canal debt as due TINS year. ana
now proposed TO have every dollar OF IL ana the l
erest paid OF the earnings OF the canals IL pro
posed fix the rate of tolls that tins can he done ana
Ii is not true that the money Is 10 come directly from
the pockets OF the taxpayers II IS necessary la thls
Legislature should pass the resolution under conslueTa
ton as also the next Legislature another III is 10 DC
submitted 10 the people, wAoSe decision sno9 De maj
II not true that the people nave not V0led upon ts
proposition. The fact Is that in the winter oil 1870
a Democratic Senator (Iardenbergb), who was Chairman
OF the Canal COMMITTEES, saw Il9I tls uSDt mas az III
cubus the commerce OF the state, and introduced
bin providing for the issue Of bonds to pay on the entire
canal debt The question OIL paying thlS 9eDI ny areet
taxation was voted upon by the people. Every senator
voted for the bill, though 1t was Democratic PROPOSE
ton. There disposition on the part OF sUne per
sons connected with the canal lines to defeat the BILL
ana though 10 hlnss anu ->cN 49, ~ ~ t
measure had been sent into the interior, and IN this
way by trick, the measure was defeated This great
STATE has been made IN great degree oy ltS GaGa
system yet seem to-day 10 be almost devoid or IN
me ouesOn OF spending money its internal i'm
provements than would make the Erie Canal capable OF
nipion will cost over S22,OOOOO0. Massachusetts,
spends on the HCosac tunnel in order to divert
the trade OF the great West 10 that State. The Central
Pennsvlyaa Railroad Is also endeavOring by generous
expenditures, 10 divert TINS trade. The commerce OF
While we supiney look on heightened at little debt
OF SOOOOOO6 Our foreiahers showed more enterprise
In opening up these canals making this state the great
empire 1t has grown TO be. The Erie Canal is great
mine Of wealth to the State Though IA former years
Contractors amassed great wealth from the canals every
bushe of grain carried through TINS state ana landed IN
NewYOrk for foreign ports Is source Of large income
10 the people OF this State Hundreds Of thriving vii
lagos aud cities have up along the line OF the
| mails. The Erie and Champlan Canals have paid into
he treasury tolls in the last 20 nearly S52
0OOOO and 10000 have been contributed by lateral
canals for ordinary expenses OF the Enc
al
0e statstican saws the profits Of the Erie Canal have
been over S5OOOOOCO. The indirect benefits from 1t
amounted 10 many millions more. Had We proper faell-
tties Tor carving merchandise the Erie Canal in
improved boats It's carrying capacity could be better
tested The Cbamplain Canal is an important one, and
rs beerfuv voted an appropriation TO 1t. As to some
of the others he said their day past This PROPOSE
ton of funding not Buffalo one. The friends OF the
scheme can be found all the State Mr.. Hatch IA
highly talented gentleman. He has been Representa-
tive In Congress ana has also served his country
| in high positions of trust He did not think
| it fair Tor the Senator from the 2Sth lAir.
| LORD TO attack him as he did THIS morning.
fao Board of Trade tried TO influence this funding
| pap The Chamber OF Commerce OF New YORK CITY has
based resolution recommending this proposition
pUe the Governor says in his message that at meets
with general favor" The Produce Exchanged New
! rally favor this plan Of funding sinking fund Of
$4,000 annually Will pay the entre deDt and interest
cause her residents are having many contracts
formerly. The people generally favor It.
A REPLY FROM MR.. LORD.
the canals be Would favor this canal funding resolution
When he interested ia the canals they pald 5000
annually into the State Treasury. Unless the Canal
Ring Buffalo 10 headed of the people Of this Stale
will have 100000 annually wruDg from thoir p0cket7
He did bill VI 1870, and opposed 1t in the
Democratic caucus where he predicted 1t would not be
acceptable 70 the people. Buffalo sent its dcCgaea
here and persuaded the Canal Board TO adopt the meas
ure. mistake made IL 1870, and were II not i0r
that error the ell 100000 canal debt would De paid III
1874 million dollars due last year, another $780,
90 last January, and Is due next July The Con
sttu0n provides FOR meeting this by the issue OF bonds
having IS years 10 What Is the necessity there
FORE OF this scheme lie the vote in several Sena
tOral districts GU the bill OF 1870 showing by tine humber
OF ballots against II that the not pOpuaI
with the people. Tbls scheme OF funding is Lot unlike
| the bill Of 1870.
Mr. insisted that the scheme OF 1870 entirely
mike the now before the Senate and provided fol
all annual tax 10 pay on the interest aud debt IN Ii
years This resolution does propose to take dollar
FROM the people, have the revenues of the
pay on the entire debt aud interest Erie County gave
over $500 majority for the proposition made IN 1870 and
| aOt Only 900. as stated by senat0r LORD.
| Mr. MADDEN offered as an amendment 20 the resOlu
ton the following: The Legislature may cell lease,
otherwise dispose Of any Oi thc tle state
| except the Inc, CEanpialn, Oswcgo, Ctyuga ano
Seneca which shali remain the property Of tue stat,
| forever.
| M LEWIS opposed the proposed amendment, saying
10 VAS not eermhus and also tat the report OF Con
stuOna CVnnlssIOn YET " DO e0nsiaCrei Wy tie Les