The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-04-22
THE STATE CAPITAL.


An Elevated Railroad Under Discus
sion-ToO Late to Investigate the Gas
Companies-Asscssme and Collection
Of Taxes-Canal Tolls.
ALBANY, April q, 1873.
The two houses OF the Legislature reassembled
this evening. There was, for wonder full at
tendance OF members discussion on bill
which authorizes certain parties to run an
elevated railroad through various streets in
New York occupied nearly the entire evening
in the Assembly The bill as 1t first
made Its appearance in the Committee OF the
Whole allowed the ''directorsn to run double
Fifty-ninth street. This, II Is said, was the real
marrow OF the measure. II IL was, Mr.. Blessing
sn smandment aSoned n,acn the SonhIe tracy on
Fourth avenue instead Of Broadway.
WANTING TO INVESTIGATE THE GAS COMPANIES.
Mr.. WOODS asked consent to offer resolutions that
Q committee be appointed to investigate the
charges against the New York Gas Company that
they do not furnish sufficient gas, and obge their
inquire whether the supply OF gas should not be
put IN the hands OF the city authorities, the
same as water Is. Mr.. Hustled objected TO the
appointment OF any more investigating CON-
mittees. and the resolutions were returned. Sub
sequently Mr.. Woods again offered his resolutions
with the change that the investigation be put In
the hands OF the Committee on Trade, but as Mr..
Herring rose to debate them they were laid over
RAPID TRANSIT
The bill to incorporate the New York City and
westchester Elevated Railway Company was
ordered to third reading.
ACCOMMODATIONS IN CITY RAILROAD CARS
Mr.. BlacSie introduced bill to provide better
accommodations Tor passengers and more relia-
BILE medium OF travel upon street railways III New
York, Westminster and Kings counties. 1t pro-
vides for the new motive power and the use OF
palace cars.
THE MUTUAL LIFE INSURANCE COMPANY.
communication was received from the Board OF
Trustees OF the Mutual Life Insurance Company OF
New York, replying to charges made against that
company and denying them.
ASSESSMENT AND COLLECTION OF TAXES
The bill to amend the Revised Statutes In rela-
ton to the assessment and collection OF taxes was
the main subject OF discussion in the Senate to-
night. The provisions are somewhat stringent,
| Senator Lord, OF Rochester. having evidently
thrown his soul into the production Of 1t. 1t pro-
vdes for sworn statements as to personal property
| such statement being declared misdemeanor
| and subjcctng the delinquent to an assessment
ms s on 70 use .ne Srcae ngsn
undervaue real property shall be guilty OF mis-
demeanor and punishable by fine or imprison-
| ment. Senator James Wood made long speech in
| advocacy of the bill, but claimed that there was
not time at the present to discuss 1t. Some sharp
| encounters took place between Senators Lord and
| Benedict on the comparative ability Of country
| and city officials In the act OF stealing, and,
finally Senator johnson asked that the bill be pro-
The bin was made the special order for to-mor-
row night
Mr. Lewis offered concurrent resolutions pro-
viding for submitting to the people the propo-
Slt10n Tor amending the constitution or the State
by article providing that in order that the tolls
on the canals may he reduced so as to meet the
requirements OF commerce and prevent the diver
sion thereof from this State. the Commissioners of
the Canal Fund shall borrow on the credit of the
State such sums as may be necessary for paying
the debt now charged on the canals, as the same
shall fall due by the issue and sale of bonds
or certificates OF stock, having [blank years to
run, bearing interest at five per cent per annum,
for payment OF the principal whereof at maturity
a sinking fund of one per cent per annum shall be
established, and the tolls OF the canals shall be
fixed from time to time at rates suficng to provide
only for said sinking fund, the interest on the debt
so created and the expense Of Keeping the canals
In repair; the question TO be submitted at the
next general election. The resolution was referred
to the Committee on Canals
AFTER THEIR BILLS.
A number OF newspaper prOprietOrs from New
York were before the Senate Committee to-day,
urging the payment of their bills.