The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-04-18
Favorable Gales for the Omnibus Bill in
the House.
VOTES ON PRELIMINARY QUESTIONS.
The Effort to Decrease the Taxa
ton OF Banks.
IMPROVEMENTS IN NEW YORK CITY.



ALBANY, N. Y, April IT, 1877.
The Assembly had a busy time to-day. The bill rela-
two 10 taxation OF stockholders OF banks and the sur
plus funds OF savings banks created long and warm
discussion in which the banks and tho taxpayers At
largo respectively championed with much energy.
In the course OF the debate Mr.. Avord said the
cmption provided Tor would relieve from taxation
SIS 600, 900. Certain amendments made and the
bill was ordered to third reading The following is
copy OF the bill amended
BILL
An ACT anshoI.ng the taxation q stockholders Of banks
SECTION No shall hereafter
ton organized under the authority state Tho
United States. except as hereinafter provided.
citation shall be assessed aud taxed their shares Of
sscops that the surplus ia al amount equal 60
per OF tho capital each bank banking association
SIG q J. This &C, shall take effect Immediately
THE OMNIBUS BILL
After this Mr.. Fish moved 10 suspend tho rules so
that the bill known the Omnibus bill be considered
In the noxt Committee OF the WHOLE and the previous
question being moved tho motion agrcnd to, yeas
H. nays 49, the democrats voting with the republicans,
and in tho affirmative being Messrs OHarc, Hcaley,
Mitchell and Bradley.
MIR Fish then moved that the bill be considered In
next Committee OF the Whole, and on that he moved
tho previous question, which was ordered Is TO ~,
and tho motion was agreed TO- These two votes
may be deemed tost OF tho chances Of tho
bill, and they seem good. On tho nrst
vote there wore twelve members abscu,, Ficcke
Stone, Tabor, Waddell and Wemple. or these King,
Waddeil and sheldon are republicans Tomorrow,
should the Omnibus bill be reached, an amendment
viii BIO proposed reducing the Police Board to two in
place OF four COMMISSIONER 10 consist OF the presi-
dent and treasurer, Acssrs. smith and Wheeler.
IMPROVEMENTS NEW YORK CITY,
MIR. Stein to-day mi reduced a bill which provides
that the Comptroller Of tho city oil New York snail
create and issue, within sixty days after the passage
III improvements other than
IRE now provided Tor by law, public fund.- TO be do
nom mated .'Thc 1877 improvement bonds Of the CITY
OF New York;" 20 the amount OF 81. 100000 Tho
bonds shall DO of the denominations OF $40, $25,
$50, $l00 and $500 each bearing interest OF iour
per cent redcemable in twenty years alter date
The May Comptroller and President OF tho Board Of
pay, 10 execute all work authorized in tho act and
control the expenditures Tor tho same They 10
meet once month, ana rs often as they deem neces
sary, and have power 10 direct the various heads OF
departments 10 proceed with any work provided Tor in
tho act
A bill introduced to-day by Mr. Baldwin provides
for the bette. security OF life from fire In hotels, &C.
which requires all hotels OF than three stories
In height TO DO provided with ropes as TO enable
persons escape thereirom IN oil fire. rho rope
shall feet longer than tho height from the
dow which II Is To issue 10 the ground Tho ropo
shall DO rceeighths OF an inch in diameter and
securely knottcd Twelve inches between each Knot. A
penalty OF $40 per day Is inflicted in OF neglect
to furnish these escapes.
the SALARY BILL
In the evening Of the House Langbein's Sal
airy bill alter long and heated discussion, or
dcred 10 third reading, then recommttcd 10 the Com
Cities wiih power 10 report complete, retain
ing It's place on order OF third reading.
rnE SUPPLY hill
In the Senate tho supply Uill occupied both the
morning and evening sessions, and various minor
anne md mcnts made therein.
The Subcommittee vi tho Whole, OF tho Assembly,
En,rrson's bill, giving The right mold Office
school trustees