New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-04-29
PRICE FOUR CENTS.
ALBANY.
THE CURRENT OF LEGISLATION.

THE CURRENT OF LEGISLATION.
GOV. DIX WILL PROBABLY SIGN THE CHARTER To-
DAY OR To-MoRRow-1TH SWAIN ELEVATED
RAILROAD BnL-HEAD MONEY FOR IMMIGRANTS
A SUPPLEMENT TO TIE CHARTER-TAxEs FOR
TUE ENSUING YEAR.
lBr TELEGRAPH TO THE TRBUSE.I
ALBANY, April 28-The Governor has completed
his examination of the Charter and will sign il to-
morrow or Wednesday. Rumors continue 10 circu-
late about the introduction Of a supplemental bib
to change some features Of tho Charter, but
nothing definite has been divulged as to the precise
object to be attained by those who desire supple
mental legislation.
There was a quorum in the Assembly this evening,
and several bills ordered to third reading.
bill authorizing the city OF New-York to guarantee
bonds to the extent Ct $j0O,00o on every
half mile of the quick transit railroad known
as SWANS Three Tier Road, tho city TO take
as security therefor a first mortgage on the
real estate and property of the road, was discussed
in Committee of tho Whole. The Charter for the
road was obtained last Winter, but no work has
been done on it. 1t requires the Company to pur-
chase right of way for the road which s TO run
through blocks and the amount for which the city
is to guarantee the bonds is estimated at 40 per cent
on the value of the road when completed. Speaker
Cornell moved to TecOmmit with instructions to
strike out the enacting clause but the motion was
lost although sustained BY all the New-York mem
bers present.
The bill signed by the Governor, on Saturday re-.
organizing the Board Of Emigration, does not provide
for an increase of the head money of immigrants
This is provided for in a separate bill. which has
passed the Assembly and is now pending in The
Senate.
In the Senate, the only business done OF any col-
sequence was the introduction and passage of little
bill, supplementary to the Charter providing that
the passage Of said Charter shall not affect the
prosecution by the city Of any indictment found
against any persons under the acts repealed by tho
Charter. 1t is said that without this amendment all
PERSONS now under in iiCtment for the Ring fsAuds
would have gone scot free.
The aggregate amour of taxes to be levied by tho
State for the fiscal year beginning with next Octo-
Der, is a fraction less than mills each dollar OF
the assessed valuation Of property, The average
rate for the lat three years has been about a mills
The tax for tie coming year will be mad up If the
following items: For general purposes mills; for
new Capitol Of a MILL for canal purposes, inelud-
ing deficiency in sinking fund, about Of mill; for
schools /! mills; for academies l-lGth of MILL for
bonded debt, interest and sinking fund, mills; for
debt of 1885, interest and sinking fund, OF a mill.
Total 15-l6 mills.
Each mill produces little moro than $2,000,c0O.
The only items which show an increase over last
year are those for general purposes and the new
Capitol The increase in the former will just about
suffice to make up the difference between the product
of this years tax and the appropriations made out
of it, the increase in the last being tbreequarers Of
a mill and the deficiency about million and half.
The appropriation for the new Capitol will be
S1,5OO.OOO this year, against 100000 last year.
which accounts for the increase in that item. Should
the tax bills pass in the shape they have been re-
ported, the amount raised Will probably, for tho
first time in many years, be sufficient TO cover the
appropriations.