New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1874-01-13
THE NEW JERSEY LEGISLATURE.

MEETING OF THE LEGISLATURE TO-DAY PROBABLE
oFFICERs-REPORT OF THE CoNIRoLLER-sTArE
FINANCEs-PUBIIC PRINTING ABUSEs-AMOCSf
OF REyENUE-A GOOD FINANCIAL EXHIBIT.
fyRoa THE REGULAR CORRESPONDENT OF THE TRIBuyE.l
TRENTON, Jan. 12.-There is very little ex
element here regarding the Legislature which meets
tomorrow Everything seems TO have been pre-
arranged and matters stand about the stated
IN a former letter. Senator Taylor OF Essex WILL 1t ap
pears beyond q doubt. be elected President OF the
SENATE with Mr. b. F. BabcOck Secretary. and Mr.. j.
Newln as Clerk 1t is said that no particular change
will be made in the organization OF The committees
only 40 far ~ members will be assigned to places
II seems settled that Mr. Carrot A Hobart OF Passaic
will be Speaker Of the Assembly II Mr. 5chenck OF
the same county WILL IN all probability, be Chairman OF
the Committee Corporations and Mr.. Mckinley Of
Union Chairman OF the Committee Municipal Corpora
tions Mr. Chew, IL is thought, will be again elected
Clerk.
II ia said that Mr. ". W. voorhees, OF Hunterdon will
be formidable candidate for State Treasurer against
the present incumbent Mr.. Sooy who looks for @
election with strong hope Of success Mr.. Benjamin
Buckley OF Passaic is perhaps next TO Mr. Runyon the
strongest candidate for state Controller But Mr.. Run
yons friends appear to be very numerous, and there
seems little doubt Of his reappOiDtment. Pie
posed amendments TO the State Constitution. 1t Is
thought, will supply the time in discussion heretofore
given TO special railroad acts. The recommendation TO
tax al church property meets with much opposition,
from the Methodsts ID particular, and they out
prut against IL.
1t appears by q proclamation OF Gov. Parker, just
issued pamphlet FORM that four years, that is
from March 49, 1862 TO March 1879 3s9 acts passed
by the Legislature which became imperative because
the companies failed TO comply with the law in paying
the REQUISITE amounts into the State Treasury. During
that time also l39 supplements passed which
failed in the way. or those acts 40 for
ings banks and n supplements thereto. Some OF the
savings banks refused 10 pay the required
ment on the ground that they under the head Of
benevolent" and charitable" institutions, and are ex
empted by law passed in 1859 relieving charitable In
situations OF taxation. The Governors proclamation
may make things very serious for some Of the savings
banks OF the State.
The Legislature will meet In the afternoon when the
Governors message will be; submitted. IL will be
accompanied by tho report Of the State Controller Of
which the following Is an abstract:
STATE FINANCES.
The condition OF the monetary affairs OF the State at
close Of the fiscal such u.s. as citi
zens OF NewJersey, renewed for
upon financial prosperity. The disbursements for
the year have been greater than 10 any previous year IN
the history OF the State though the large
made by the Legislature at Its last session
and Objects and the natural increase In
the current expenses OF the State have combined to
swell the expenditures to amount not heretofore
reached In any one year; nevertheless, there has
spending increase In the receipts serious
difficulty has been found In meeting tho demands upon
tho Treasury aud tho balances remaining IN bank to she