New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-04-07
ALONG DISCUSSION IN THE ASSEMBLY.
THE COMMITTEE INVESTIGATING THE IoNilN"
sysrrn DENIED AN EXTENSION or TIME.

n
THE COMMITTEE INVESTIGATING THE IoNIlN"
SYSTEM DENIED AN EXTENSION or TINE.
Try TELEGRAPH TO THE rRI3UNzl
Albany. April 6-The committee that has
been investigating the Tontnc plan OF insurance III New
York asked the Assembly tonight for an additional ten
DAYS In which continue their examination OF Witnesses
Walter Howe of NewYork. moved ms su bsiiuto that III
the evidence far taken be transcribed ana sent TO
the superintendent OF the Insurance Department win
instructions TO the superintendent 20 report his opinion
of IL and OF the rontine system within item days ms
motion OF Mr. Howes led the members OF the
investigating committee to plead that 'ner
characters had been assailed ana therefore lney
ought to be "yindicatcd" clean bill OF health Tor
them could only be granted by the Assembly
extending the tine of the investigation. thus
showing The trust OF the Assembly in the mem
hers OF the committee. THIS pleading Of the
"bahy act" defeated Howes substitute by vote
of Al ayes to 50 nays Mr.. Rancs. OF the Investigating
Committee. pressed vote on his moion
TO extend the time of the committee
ten DAYS Walter Howe asked Speaker Erwin
If sixtyve votes not required for the adoption OF
this motion The Speaker ruled that sxtyve votes were
required II soon became apparent that the siHtyve
votes could not be obtained. Several members VINO
had voted against Mr.. Howe's substitute also voted
against Mr.. Ranes's motion. Finally Mr. Rhnes saw
that the 60 votes not obtaianblo ana Vo'ed IN
the negative himself. declaring that he Intended to
WV
ing the time of the committee stood-ayes, o.
NAYS IA. Speaker Erwin announced that
the motion was lost Mr.. Raines waived
n reconsideration Of the and that that motion
e upon the table, intending TO have another vote on his
General Hustled made the point Of order that The
hour of adjournment having arrived, the Speaker
Great disorder followed. The speakers voice
tertaincd hr. Rancs's motion aud mat me AssTmpy
stood adjourned I'LL Tomorrow ~ Is NE in.r'oli VI
10 demand another vote on ms motion =,
General Hustled said early III the dcbae,ih opposition 10
LII was rrroneomsy stated when this investigation was
authorized that THE TRIBUNE favored IT. The men VINO
M shed this had tue aiaciiy even 10 geche
That IHg TgIR NJ had printed four-colnnn editorial
in favor Of the investigation. That was untrue IL anu
has printed Tes,aent q, the Connecticut Mutra
system. IL was written by the president of rival com
many To the New York Life Insurance companies That
have adopted the Tontne plan of Insurance 49,.
The debate on toe substitute and Mr. Rainess motion
o,tended oyer three hours and half Mr. Rancs stated
concerning his motion to extend the time OF The
committee, that while ten days mad been glahlru
them originally they had not been able to give over
three DAYS TO tic investigation before the ten days
expired The investigation fact had Just hcsnn ihs
Insurance companies themselves through Counsel had
exrrrsssd a desire that ii should BIZ continued. M
Mr. Hubhel inquired of Mr.. Ranes u he was positive
that the companies desired the investigation
10 continue Mr.. Hines replied that ne was
In snpporting substitute, Mr. Howe SAID that 1ndg
ing fro what ne read in the newspaper. sna h,a nea
in NevYork he believed that report from superb
tcndent Mccall wond command more respect thah one
from the committee. =. -, a., ~,
Mccall says that examination was not needed Is
| thai sOf" 49,. --,..,o-. r
think n report the Tontne system. II one Is TO De
made should come from him. II Mr. Mccall fas snort
of doing his duty this matter he viii DO so al MS
pa,il Now this investigation was urgel on lhls moor
because /, was said The TRIBrSE favored H. Ihat was
an error THE TRIBUNE tins morning also has an edi'o
rial article opposing continuance OF the nNeSileato
| air Howe then read TIKI TRIBi NJ editorial 10 the
assembly Mr. Raincs followed with a bter speech ID
| opDosiioa 10 Mr. Uowes substitute. lie limited mat
great discoveries had already been made by the commit
| lee and said that Mr. Mccall hal been deputy
OF the Insurance Department whch some
nsurance companies had failed. This was when John
4 r. smith was the head of the Insurance
! DenartInent Mr.. Smith Is now said 10
/ be ono of the men that advises the Investigation
Fx Judge Greene another member OF the committee.
appcaled 10 the Assembly 10 vndicate the committee
He desired time for the committee to show whethcn
they were "dupes a merclaniable article
| lie asserted that the Tontine system
was an ulcer on the body which must he cut
out to its life. Mr. Van Duzer sina that the evi
dence thus taken by the committee was OF no
| interest Mr.. Mccain. member oil inc
Iuyestgating Committee also asked Tor more
time speeches ia OF extension OF the Time
were also made by Messrs. Cantor. Burnlain olNcr.
Bornurn Ives and ii. &. Howe Speeches against the
| extension were made by Mcssrs Hustled and hcCiei-
a,.d