New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-03-22
WORK OF THE ASSEMBLY.
FURTHER DEBATE on TIE SUPPLY BII1-THE lNsC-
RANCE BILL DEBATED IN EVENING SESSION
10y TELEGRAPH TO THE TRIBUNE.l

FURTHER ON Tie A'H 1890
RANCE BILL DEBATED IN EVENING SESSION
10y TELEGRAPH TO THE TRIBuNE.l
AIRANy. March 2I.-In the Assembly the
supnlv bill was considered throughout the day session
Numerous amendments were offered but none OF lmpor
lance were accepted Mr.. Grady moved that the appro
pration for the support Of the State survey another
be stricken out Excellent speeches in behalf OF the ap
preparation were made by Messrs Hayes, Hustled PecX'
and Post. Mr. Welsh, Mr.. Grady and Mr.. spnoia op-
posed the granting OF the Appropriation. lie o'on W
strike out was lost.
The debate on the bill in regard to insurance recently
reported by its Insurance Committee, began IN inc
Assembly tonight. Although there were Few amehu'
ments made and Of Importance only Two secuohs
of the bin were considered. Mr.. Cowdn introduced the
measure in consequence OF the sickness of Mt j. e.
Graham, Chairman of the Committee on Insurance. Mr.
Cowdn said that, in behalf OF the committee
he would say that they had given the
subject OF insurance more consideration thah
had been given to any subject by the other members OF
the Assembly The Assembly has indicated that some
thing must done to correct the evils In the present
management of insurance The committee in their work
had not aimed to the passions OF the hour they
had endeavored to frame a law that would last and
stand the test OF years. They invited the
criticisms OF their felowmembers. Whilo there
were no words strong enough to denounce
the wickedness of tho officers OF some OF the
insurance companies it was well to recognize the iaet
good Judgment and honesty The bill ought to be con
sdered with great deberaton and passed after long IN
snection The committee had received hundreds or
letters denouncing the companies but few making sug-
gestions for remedying the evils The members ad done
The hest work they could do in herlimed time He would
suggest consequence OF the absence OF Mr. Graham
there be but few amendments made during the evening
Mr. Purdy said that the bill would not be handled
gently Probably by the time the Assembly passed the
hin Mr. Cowdin wOuld be able to recognize IT, There
would be radical amendments made to it, The Assem-
bly, would come the aid Of the Insurance Committee
perceived that the insurance companies were Sufde'i
lust as well as the pOlicy-hOlders.
After the first section had been read through and few
amendments of slight importance added Mr. Purdy
moved that the in the second section permit
ting companies make loans outside OF the state within
so miles of New-York City, unincumbered real estate,
be stricken out In support OF his amendment, he SAID
that large loans had been made on sand,
banks in New-Jersey, and he wished to put
etGp 10 the practice. lie also believed the provisions
contained in the section inconsistent with other pro-
visions of the bill No taken the proicred
amendment OWING the OF the motion that the
bill be progressed. Subsequently upon the request OF
the Insurance Committee, the bill was made special
order for tomorrow night.