The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-04-03

The possibility or a neU issue or tnconuerts0Ie
paper regard wlth amdzement ana anxiety, and,
IN Dav judgment, such an issue ,oould be a detri-
n1ent ana q shame.-CnARLEs SUMNER.
ALBANY, April 2, 1874,
This morning we had rumor that Vanderbilt
intended to withdraw his RAPID Transit bnl. 1t
received but slight credit. for whether he builds
the road or not the charter is worth something
twill preserve the Fourth avenue from invasion
and save the profits OF his street car railroad.
The Third Avenue Company is deeply interested in
preserving the alliance with Vanderbilt. SINGLE
handed 1t could never get It's charter through this
mercenary Legislature, without q huge expendi
ture OF money. Combined with Vanderbilt, under
the 9gis OF the all-powerfu Commodore. the ex-
pense will be only fraction OF what 1t would cost
to go it alone.
The Third Avenue Company fights for its life.
The charter is necessary to It's existence Let It's
route be covered by u Rapid Transit road In other
hands and It's stock would fall rapidly below par
Next week the quick transit bills will be consid-
cred. Eastmans will come up FOR debate among
the rest 1t is very unpopular bill with the As
semby, for 1t 'spois trade" II Vanderbilt's
should pass 10 its present shape it win be vetoed
by the Governor, some Of Its provisions are SIM
ply outrageous.
ONE IMPORTANT THING PASSED THE ASSEMBLY,
The Supply bill passed the Assembly to-day by a
vote OF 81 to "a. Many legislative jobbers were
sorely disappointed at not being given a chance to
tack on their particular amendments.
When reported the bill appropriated 81, $780, III o.
less than last year. In the House there was added
$4,000, embracing $4,000 to the Buffalo Asylum,
$4,000 to the Susqueha ma Valley Asylum, and
the balance comprising miscellaneous allowances.
There Is appropriated Tor public buildings $607, 900
more than there was last year. Thus relatively
the Supply bill this time ST. 1877 900 less than it
was last year. Deducting the addition made in
the House 1t is $l,56700o less Last year the bill
was reported March II, ordered to a third reading
on May and sent TO the Senate May7. This year
1t was reported March "a, passed April and sent
to the senate on the same day.
The bill now goes to The Senate, where 1t will
nnrs,nS: and. When that Is over and the p de.
hvered safely out OF the hands of the assembled
wisdom, there Will be serious thoughts OF ADJOURN
ment. After the supply bill and rapid transit are
both settled nothing further remains; and there
is no reason why there should not be an adjourn
ment before the lSt OF May.
THE DEBATE ON THE SUPPLY BILL
related principally 10 the motion made yesterday
new Capitol from 81, 100, 600 to 81, 10000 the
motion was defeated and the original amount is
retained. The fact that many OF those who voted
for the retention OF the larger sum stood up to
plain their votes ID evidence that there are some
in the Assembly who are not utterly indifferent to
puDc opinion and who like to stand Well with
/ their constituents.
4 PENALTIES FOR THE INVENTORS OF FALSE NEWS.
Honest ioks everywhere can have no objection
to a bill, tavoraby reported this morning to the
Senate making 1t penalty limited to 5000 fine
or three years Imprisonment for every person VINO
shall knowingly circulate false news, with the in-
tention of depreciarlng or advancing the prices of
stocks or bonds OF any kind whatever.
THE PINCKNEYMOORE CONTEST.
Mr.. Pinckney's memorial to the Senate, which he
asked to be taken into consideration by the CON-
mittee on Privileges and Elections. In addition to
other testimony in his claim to the seat Of. Mr..
Hugh Moore. OF the Eighth senatorial district was
nrnA hu fhn
alleges that Moore Is deseIter from the United
states Army and, consequently, ineligible to his
that, as there is no law covering the objection,
Moore, even though q deserter from the United
States Army. Is not debarred from taking his seat
II legally elected. The statement in contempt
rary IL incorrect that Moore and Pincknev have
entered into an an agreement to postpone the ur-
ther hearing of the case till July. 1t should have
been Thompson and iOumans, as the Moore and
Pinckney case will be fnay decided this week.
i THE OLD, OLD STORY.
The investigation into the building of the new
i Capitol shows the existence Of organized fraud
throughout. The contracts Tor granite were
swindles from beginning to end. 1t seemed to be
the settled purpose OF every one concerned in the
BUILDING VINO NO aad the slightest chance OF dong So
Kingsley, OF Brooklyn, who has the reputation OF
making gold placer out OF tine erection OF the
East River Bridge, should be one OF the New Cap
| itol Commissioners
THE UNDERGROUND BROADWAY RAILROAD
/ bill was reported to-day In the Senate. shorn Of
its prominent teature-that OF an obligation on
the part OF the city OF New York to guarantee the
i
the BIN provides that the company may construct
their tunnels and railways OF greater dimensions
than thirty feet in width and eighteen feet IN
height but the extent Of such enlarge
ment shall be determined by the Board
OF Engineer commissioners, provided that the tun-
nes shall not extend beyond the curb line Of the
streets. The company is required to construct as
/ the first section OF its railway that portion OF the
/ line extending from Bowling Green to the Grand
Central depot ana when the whole capital stock
! has been subscribed or other financial arrange
ments made for completing the first section
! wi mo orf
] the commissioners shall execute a certificate to
that effect and the company may then proceed
/ AN Ex-wARDEN's CLAIM.
! Ex-Warden Tracy. OF Ludlow Street JAIL had his
Tor provisioning prisoners in the years 1870 and
1872 favOrably reported to the Senate, but it IS
doubtful II It can pass that body and become q
precedent for q host OF similar claims.
i THE FARE ON THE HARLEM RAILROAD.
Chauncev Depew made an argument to-day be-
! fore the Railroad Committee against the bill re-
ducing the rates for freight and passengers the
New York and Harlem Railroad. He ieels con-
/ WINGED that he satisfied the committee the thing
cannot be done, and the rates must remain as
No foundation can be traced TOR the rumors so
oerpoel mad any influence IN the decision OF the
Assembly IN rejecting the Swinonrne claim.
THE INDUSTRIAL EXHIBITION BILL
was left mere skeleton OF It's former self after be-
ing reported to the Senate. Mr.. Fox tonight
! moved to recommit 1t for the purpose OF striking
out the qualifying clause, which forbids the issue
and guarantee OF bonds but Mr.. Gross opposed 1t,
ana Salu the amenument sought TO De strlckeH out
was the only plank TO save the honor OF the city
and state OF New York. The motion was lost by
vote OF Ia TO 12-wnich Is evidence that the scheme
has still some lie in 1t. The bill was then laid on
| the table.
FOR THE BENEFIT OF CHARITABLE INSTITUTIONS.
| On motion OF Mr.. Fox IL is proposed, In the Dtll
for the distribution Of the Excise money among
the charitable institutions OF New York, to en-
brace the following named charitles:-
ST. Elizabeth's Hospital, NO. 225 West Thirty-1rst
street, $4,000
Metropolitan Throat Hospital No. II Stuyvesant
street, So, 900.
fifth street, $4,000.
| women's Aid society, seventh avenue, $4,000.
Bind Mechanics Association, $4,000.
Woman's Prison Association, No. 213 Tenth av.
enue, $4,000.
Mount sinai Hospital, Lexington avenue and
Sixty. sixth street. $4,000.
Ladies' Union Relief Association, $4,000.
New York Infant Asy lum, No. "a clinton place,