New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-05-02
Tile CuRRENr OF LEGISLATION.

FURTHER DEBATE on THE SUPPLY BHL-A sUS-
PECTED ATTEMPT TO KILL THE UsURY BILL
THE WAREHOUSE AND RAILWAY MEASURE-AN
EXTRA SESSION OF THE LEGISLATURE ASKED
FOR KErORT or THE ERIE COMMITTEE -
ANOTHER ECONOMY PROJECT.
lFRoM REGULAR CORRESPONDENT or THE TRIBCNEI
ALBANY, May THE Supply bill occupied
four hours 0. the attention Of the Assembly, TINS
morning and stu remains unfinished. Several new
items OF appropriation were added and lew stricken
out The subject was resumed again this evening, and
three hours more spent upon it, long discussion
arose on an appropriation OF 81 200 to VIM Barnes, e1-
Superintendent Of Insurance Tor counsel fees and
peuses in the Investigation Of last Winter which re-
suited in the expulsion OF George W. Miller from the
Insurance Department Messrs. Jacobs, Beebe, Weed,
and others opposed the appropriation and Messrs Bah
cock Fort, Person and others sustained IT, motion
to increase the appropriation to 5000 was lost and sub
seouently the item was stricken out altogether The
House. reaching the item appropriating S5O0OO for
the new Capitol and creating new Capitol Commission,
adjourned TIL tomorrow morning, when tue supply bill
will be resumed and finished
Near the close Of the morning session the House went
out Of Committee OF the Whole for the purpose Of going
INTO the OF third reading Of bills Speaker Cornell
called sr. Hustled to the chair and taking the floor
moved to recommit the Usury bill, which was on the
order OF third readings with instructions to amend and
report forthwith. The amendment proposed BY the
Speaker simply alteration OF his previous amend
ment, which adopted yesterday, so as TO provide
for the suspension" instead OF the repeal OF the
present usury laws during the two years in which the
new Usury bill is to be operative II appears that there
is a constitutional difficulty the way OF the original
amendment or ut least doubt TO Its constitution
alty and the alteration was intended TO remedy the
difficulty The friends OF the bill as 1t originally Stood
however SAW opportunity in the Speakers motion TO
recommit to try and kill tho amendment altogether,
and accordingly Mr. Weed of Clinton TO debate the
notion As there was thin attendance In the House
at the time 10 was not deemed safe 10 take vote on
the question, and SO Mr. Weed talked against time until
the hour D. should arrive, when according TO the
rules the House must take Just before the
time expired Speaker Cornell said that order TO
further debate he would withdraw his motion. N1r
Weed then ceased talking and the House took recess
until Z Pm.
There Is a general belief among the friends OF the
Usury bill that the amendment OF Speaker Cornell
designed to kill the BILL although tho Speaker declared
that this not his object Ii is certain that the in
surance companies who have large investments in bonds
and mortgages at per cent working TO kill the BILL
and reported that they have contributed money for
that purpose while the banks, the other hand.
charged with using money TO pass it.
When the bill comes up for third reading Speaker
Cornell will probably renew his motion TO recommit.
while the other side will make strong effort TO strike
bill In its original shape.
The special order in the Senate this morning was
Gardeners Warehouse and Railway bill. Owing TO the
yolumnous part taken by Mr.. Benedict In the proceed
ngs but little progress was made. and the Committee
rose without having gone through with the bill The
idea OF this bill entertained by Messrs Benedict and ID.
p Wood appears be that corporation to be created
under it for wholesale exoron aud the pundering OF
the merchants OF NewYOrk This is absurd. because
the corporation should be organized and 70 into business
every body would DC at full liberty TO use the wharyes,
piers warehouses and of transportation now IN
use The corporation could do business unless Its
services were better cheaper than those of Its com
petitors when bill OF this kind comes up the practice
IA TO find as many mares nests In IL as possible, and 10
overlook entirely the evils which is designed TO
edy and the merits OF whatever plans and purposes 1t
may embody.
Tho resolution providing for amendment OF tho
Constitution for funding the canal and general fund
debts and having for It's object further reduction OF
canal tos was passed this morning and sent to the As
sembly.
The Joint Committee Of the two houses which was
suponted three or four weeks ago report the time ana
manner in which IL would DO advisable for the Lcgsa'
ture 10 tako up the consideration OF tho work OF ho
Constitutional Commission, have agreed TO report re-
thai the Governor be requested 10 can an
extra session OF kho Legislature for the purpose Oh con-
adering and acting upon the constitutional amehuno
recommended by the Commission. IL took tue 0ohNn'
sion nine weeks 10 do their work ana II IL Is vi W D
reconsderod and discussed before being suoP'o" VI VIZ
Legislature "A good deal more time VIII Do Iolu'ieu '
members arc willing to spend while not under pay 10y
eating tho Goyeraor to call ~ extra sossi0h '"o' WA