New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-05-07
NETWORK LEGISLATURE.
TWO IMPORTANT BILLS KILLED.

TWO IMPORTANT BILLS KILLED.
THE rysyRy,nR REMOVAL ELL AND THE BILL TO
TAX SAVINGS BANK DEPOSITS DEFEATED.
,prou THE REGULAR CORRESPONDENT OF THE TRBUEEl
ALBANY, May G.-The Assembly inahy
nassc Judgment to-day two bills winch nave ehceu
good deal of interest These we're the DIS LOT '"o "
movai Of the Fth Avenue Reservoir in Ncw-fork cry
and th hill prepared by tie Joint Committee ON Taxa
ton for the axation deposits in savings BANKS
Over the 6rstnanrd bill there has rage cent 81 Vi
very bitter nature between Senator ASH ana AsSeo
man Mitchel-bot residents OF the political dsirct III
winch the reservoir Il situated
seuator Astor ed the bill in the Senate ana
easy secured IFS passage there. In the Assembly how
eyer Mr. Mitchell assailed the measure and aided D.
the Tanmang Democrats, who had received Inspiration
on tile subject through Controller kelyS declaration OF
hostility the BILL he successfully resisted its progress
for a long time. Mr. Hustled finally came to Senator
Aros aid secured the release OF the bill from the COn-
inittoe On Cics and by parliamentary strategy pushed
it along third readlng. To-day 1t was reached on
the oIGcr Of third reading Of bills
Mr. Mitchell, wlv was watching for It, immediately
moved tnat 1t be rccon.nitcd TO the Committee on
Cities. with Instructions to strike out The enacthg
clause He followed his motion with speech at great
cng,h citing the opinions Of engineers who OF the
Ornon taai the removal Of tn reservoir would lesrtn
frrrG for hc safety OF Their property IN Of Dire,
Mi. Varnrm replica Ia an equally long Eprtch quoting
contrary opinion, % engineers. and OF property owners
who favored removing tie reservoir. Dr. l. Hayes
rtdcupd The thufc vino SAID mat the fehONai
OF tie reservoir wOud cudlrgcr the riiy IN case There
were large FIR. NJ rOdsky. WITH great carneSiuesS'
Then depicted the rriis To which Nrw1Ork would DC
cxunspi If the rcs,rN OR were removed. ,
TIL country nicub greatly bcwilIcrcd by tins
difference OF opinion among ihr city ucnbvlh' anu
divided their We q almost equally between senator
AsIur ana SIR. mitchell o. t"c iaiter's moii"n INC
motion was dccaicn. bow YER b. q small nlplrrN. \
vot, was tncn taken on h t-r'f. i was %, Nv
vote of - Yeas 30 nGy~-uot receiving sumo cht
numb = + YOtr, 50 h'iER required.
The JOINT ConImttcr on I1EHIOl perceived Iasl
week, when hill Tor taxing tac SHYl!SS hlnb de-
lost. was under dlscusslOn tha there was ull "I
oup1si ion to IL ARISING. ThcE sought L. mitigate II
To-day amen ling the hill 80 thni II would not ahct
the dc dcpOsIIHrs having less thar 800 delu.
lied III - bank, and lC6,cung the tax on tacn inol
ylGual drpO>t ab,Vr lhai amount from l per Cent
to anr-haf 1T per cci;. Even tins concrSsiOn was
not sufficient. Inc bin WIS sayaEciy criticised
by the Numbers from the cities, aB an at
tGnpt 20 lax The hud-caiucd savings OF me
poor some 4 publican, declared that II would hc oah
parry policy, releasing TIE n0urY of foreign Cp
ISIS ,tnn 10 tuin ahOnt and TAX tee n'onS
ri HE poorest classes IL the community The bllI was
defeated hY vote ~ 90 yrIS to D. NAYS. tn Demo,
Gratis aHd RcpublcanS from jhc CHS voted almuNt
auiuGus against tir hIl.
Lar H. thu day the Aes"pb!y passcC the JOINT Com
niticu's bill tor thr to2a,O Oi lie Insurance conlah-
les. luis n provides t.a al liir f"suanc toinlhtl~
a al be faxed per cent Oh rreulums, interest hhl
othrr income received from business transacted IN hS
I State.