New-York tribune., 1873-05-13


SMALL HOPE FOR TIE PASSAGE OF THE INDUS
TRIAL EXHIBITION BILL
TBY TELEGRAPH TO THE TRIBUSR.l
ALBANY May 12-The session of the Assembly
this evening was mainly consumed in the discussion
in Committee of the Whole, of bill entitled An
act to facilitate settlement between the State of
NewYork and Ezra Cornell, in reference to the sale
and location of the College Land Scrip" Mr.. Nc
CURE of Sullivan made q very able speech
in opposition to the bill, in which
he gave detailed history of Mr..
Cornelrs connection with the Land Grant
of Congress which resulted in the founding of Cor
nell University, and which, according to Mr..
MCGUIRE is to add millions of dollars to Mr. Cornelrs
private purse, while he gets the credit of being
public benefactOr. He said that the terms
of the grant by Congress had been vio-
lated by the Legislature, and the grant itself
was therefore invaldated. But the bill under con-
sideration proposed still further to jeopardze the
interests of the State in the fund by authorizing the
Controller to exchange Mr.. COrnells bond for con-
tracts and securities that he held from sale of the
lands in the Western States.
He said that 100000 acres of this land was worth
from SEQ to $40 per acre, equal to $2i0000o0, but
Mr.. Cornell had sought in vain to form company,
of whchh would be the principal stockholder. and
to which he could sell the lands for S. per acre.
This failing, he sold the land to a man named Nc
Graw for $4 so per acre. Mr.. Mcclure urged the
necessity of some legislation by which o COM
mission could be appointed to examine into
Mr.. COrnells accounts with the State, ascertain
the real worth of the lands and report to the next
Legislature. The State, he claimed, was, by the
terms of the grant from Congress, nothing but q
trustee of the fund to be realized from the sale OF
the lands 1t had no vested right in the lands and
could not convey any to Mr. Cornell OF any one else
And yet Mr. Cornell was seeking to deprive the
State of all control over the lands and acquire abso-
lutte possession for himself.
Mr.. Hustled, who introduced the bill and took
charge of it tonight undertook to reply to Mr. Nc
Guire, but his answer amounted to little more than
an nsinuation that Mr.. Mcclure had spite against
Ezra Cornell which Mr., Mcclure utterly denied.
Mr.. McGuire's speech produced a marked impression
on the House, and the bill was advanced with little
chance of its becoming a law at this session.
Most of the session of the Senate tonight
spent in discussing the Industrial Exhibition bill
The bill was amended so as to require the City OF
New-York, the consent of the Common Council being
first obtained, to invest S25OOOOO in the shares of
the company. The price which the city is to pay is
80 per cent of the par value. There considerable
opposition to the BILL and its friends not strong
enough to carry it through the third reading.
SENATE. ALBANY. Monday, May u, 1873.
At theOpening Of the session. this morning,
10 Senators present. In Committee OF the Whole
the Beeeker-st and Fulton Ferry Railroad COmpanys
bill amended as fOlows section The Bleeckor-st
York SHALL lieu of the payment to the corporation of
said city OF license Of $50 for each car pay into the
Treasury Of said city cent OF the gross receipts
provided however that said payment OF one per cent
shall commence TO be computed TIL Oct 1879 unless
of said railroad shall be completed prior 10
that date when the said tax OF cent snail COM
meuce at once AS amended, tue supplementary Dill
w" Mr., BTSGp1cT introduced bill providing that any
persons having claim againstthe City or County OF
New-York or any demand accruing before iJanuafy l.
1872 shall have been presented to and allowed or
disaOwed by the proper authorities may take any
proper proceedings by suit otherwise for the coec-
lion thereof in court in the city OF NewYork hay-
ing Jurisdiction thereof aud shall be the duty Of such
court TO hear and decide upon the validity OF such calm
and every thereof without regard TO the ques
ton whether there has been any Appropriation made
for the payment of such claim or demand; and on h9a
Judgment being rendered by saircOurt iii there shall be
no appeal Of appeal by any appellate courD
shall be the duty of the Controller TO the same out
OF any moneys ia the treasury not otherwise appropr
ated on demand after 60 days from the rendering OF the
said final Judgment. The bill authorizing the NewYOrk
Elevated Railroad Company to extend Its tracks was
ordered 10 a third reading .
The bill proposing the imposition OF tax upon the
owners Of all dogs IN the State was taken up in Commit
tee OF the Whole Mr.. LORD moved 10 exempt Monroe
County from the provisions of the act; carried. Erie
County was exempted from the provisions OF the
act Rat terriers and poOdles were exempted from the
beauty. AS amended, the bill was ordered to third
The Speed Elevated Railroad bill considered and
ordered to a third reading.
The bill reapprOpTiatng moneys from the Canal funds
Of the state was ordered TO third reading.