New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-03-25
PROCEEDINGS IN THE SENATE.
A CURIOUS BILL INTRODUCED BY SENATOR c,
TOE-THE BILL FOR \ PRINTING BUREAU.

A CURIOUS BILL INTRODUCED BY SENATOR CAN
TOR-THE BILL FOR PRINTING BUREAU.
Albany, March "a (specan.-The senate IS some
what mystifcd by bill introduced by Senator Can
tor incorporating company TO be known as "The
General Electric Company" II came up in the senate
to-day special order and thcrcupon Senator Cantor
himself offered amendment to 1t, prohibiting the
proposed company from doing a telephone tele-
graph business.
senator saxton said that without this amendment the
bill did much than senator Cantor said. 1t al
lowed them to engage In the business Of manufacturing
electrical apparatus and Of distributing electricity TO
buy and sell apparatus and rights 10 purchase patents
and to Issue unlimited amount of stocks and bonds
unaffected by any restrictive laws In force With
the amendment, the company would still be able to
enter the business OF electric lighting and motor
power, and to gain control of all the companies now
existing. II would be required to pay franchise
tax Of one twentieth Of per cent instead OF oneeght
He thought that the granting Of such extensive powers
serious question.
senator Cantor said that he was by no means GER
tain that the bill should be passed. lie had offered
it for the purpose OF calling attention TO the df-
ference between the corporation laws Of New
York and of Connecticut and New-Jersey, a
difference which drove corporations out OF
New York and cost the people thousands OF dollars
every year. lie did not know whether the people Of
the state ready for change of the corporation
laws or not. The bill had been drawn in accordance
with the NcwJersey laws. If Senator SaXton thought
that the bill would allow the formation of a great
monopoly. he would amend it to prevent this
result lie called attention to the fact that all
the electrical companies I'm the country had con-
sodaed, and said that this company would do
business all over the United states in accordance
with this consolidation. For the purpose OF pre-
venting possible monopoly he asked that the bill
be laid aside. and this done.
The Senate Finance Committee reported for the
consideration Of the senate to-day Speaker Bushs bill
creating State Printing bureau, with an appropriation
Of 100000 to 1t the first year Of its existence.
The cost Of such II political printing bureau when
in fun operation, II Is believed, would be 100000 a
year.
senator Richardson unsuccessfully tried today to
persuade the senate look with favor upon his bill ap
proprialing SlO,0OOOoO for the Improvement Of the
states roads The New-Yorb and Brooklyn senator's OBJ
jcced to tho bill upon the ground that the cities they
represent pay 50 per cent Of the states taxes. and
therefore would have to pay 50 per cent OF the cost
Of the proposed roads for the rural districts The BILL
owing TO their opposition. was set aside. The action
Of these Tammany Hall and brooklyn Democrats
shows what little regard they Will have for the sen
ment, OF rural members Of the Legislature rs soon
as the legislative power OF the rural counties is trans
erred to the Cities 1t Will be by the new apportion
mcnt
Among the bills advanced to third reading were
senator Mullins Compulsory Education bill; senator
Roc~ch's AL regulating the conditions under when
fpre.gl corporations shall do business In TINS state
and Mr.. C0nkling's hll prohibiting the employment
Of barmaid>. . -, ,
senator Roech's bill for new system OF law
reporting was recommitted by the senate for amend
meut n. -,
senator Roe.oh introduced hil to-day amending the
Cantor act. bv providing that street railway rancih9
NAV be sold for a lump sum Instead OF Iercentase
non motion OF Senator Cantor the senate ul;do
his hilI amending the Gator act by providing that
mdders for reetraiway franchises shall give bonds
10 uso them special order for consideration next
IlnnlIN.