New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-06-03
TWO BILLS BEFORE HILL.
PRESSURE BROUGHT TO HEAR ON THE GOV.
ERNoR.
sUoKET:sHoP MEN, ANXIOUS TO HAVE A
HOSTILE MEASURE KILLED SENATOR
GRADY WORKING IN BEHALF OLA
TAMMANY GRAB.

TAmmANT OhAb.
TRoM THE REGULAR CORRESPONDENT or TIE rnrsuSH.l
Albany, juno 2.--The I" ttckcrs" have been removed
from the New.York Stock Exchange on the ground
that stock quotations were obtained from them by
the propretors OF "bucket shops" and by rival ex-
changes The Stock Exchange has not only struck
a blow at tho bucket shops in NewYork, but also in
Albany through State legislation Assemblyman
Rhodes Of Westcheser County the proprietor OF Tho
bankers Magazine" early In the session OF the Legis-
iature which has Just adjourned introdhced Dill
amending the Penal Code as to prevent tho bucket
shops from continuing in business. The bucket shop
men ncrcely fought the BILL but Mr. Rhodes managed
to push It through the Assembly and then through the
Senate Tho contest over the bill in the Senate was
an exceptionally hot one. The bucketshop men, uh.
less Is untrue, opposed tho bill with something
more material than elo1uoncc II was common
remark in Albany the day after tho bill passed tho
Senate, that there was 900 in one OF the ante
rooms Of the Senate Chamber to be paid for votes
against the bill and they could not be obtained" Tho
bucket shop mon were greatly upset in mind, sp
pArcntly, BY their defeat for they al once printed an
advertisement IN a New.York newspaper in the form
Of letter the editor in which the writer strove 10
prove that the Produce Exchange would be hurt IL
the bill should be allowed % become law. More
over the buCketShOp filled Governor HIPS letter.
bag with protests aagnst the bill There is no oil
concerning which the Governor has received so many
leltefS as lnlS 9uChct suop HbdbuTU' 1no bo'CAhNi
has not yet acted upon the bill.
senator T. F. Grady. Of Paradise Park, New-York, has
been a freqaent visitor 10 Albany since tho adjourn
mcnt and has had a good many talks with Governor
Hl. The Senator however, has not been com
municative to ths newspaper correspondents but IL
clear that he had keen interest in what decision
the Governor might mako upon some bill IN HIS pos
session II IS now believed that this measure Is bill
introduced by senator Grady himself, which, in the
nDin NJ DeOple IL Intended a MONOPOLY
Of the telephone business and electric lighting Of
Eew.York to a band of Tammany Hall politicians
II Is wellknown fact that tho leading Democratic
politicians Of Brooklyn have contrived to grasp tho
control Of tho electric lighting OF that city aud aS0
large interests In the elevated railways o.
that city. They also am, through their controi
Of the subway Company, to edge their way into
commanding position over the telephone business OF
Brooklyn In the city of Albany also leading Demo
cratic politicians have made large amount OF money
by gaining possession Of the electric lighting FRANCHISE
II Mayor Grants Rapid Transit 6 lad , icons oaS,rs
Of TsmmGny Hall. II Is said. to have MADE vast
amount Of money in The laying out OF the proposed
said to have had the daring scheme OF
getting possession Themselves OF the Rapid Transit
Grady's bill, II is said, covers more moderate
scheme, merely the securing OF hold. and perhaps
controlling one, the cleo trc and telephone interests
Of Ncw-Yorll Ills bill is No. 57f upon the senate
calendar II preends merely 10 secure adequate com
pcnsation 10 cities and vilags ipT tn me n.tc
power heat or light companies poles. Subwsys, WIGS
and conductors Under tho act, the authorities OF
cities and villages cannot admit new electric hSht
or telephone company within their limits unless II
aeres 10 pay 900 year OF iB gross income for five
Years and at least $4,000 year afterward. The act
protests the Brooklyn Democrats, who have control OF
the electric lighting OF that city, from competition also.
II Is ntimacd here that the Democratic politicians
who stand behind senator Grady's bill have been gsen
some sort OF interest n tho Bell Telephone company
which practically owns the subways of New-fork ana
hat hs intended give tho hell company
monopoly VI the telephone interest in NewYork even
after It's patents expire. Beyond tina: II woum give
the present eec trio light companies Of NcwfoFk IN
which The Tammany Hall politicians are said to have
secured large interest monopoly OF their business
Corporation Counsel Clark, and eAAorpOrauob
with Governor HIN tomorrow. for tho purpose or elV'
ing him their opinion OF the various New-forh pins
II Ia sad that no request made BY the New ORR
CIV authorities the passage Of Senator Grady
telephone and electric lighting bill ot"d above. nhG
attitude viii Mr Clark and Mr. Bocknan take toward
a.