New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-02-16
TO THE END OF THE SESSION.
THE PERIOD OF THE POLICE INVEST
CATION EXTENDED.
SENATOR MULLINS BILL ENIARGING THE FIELD
OF SAVINGS BANK 1NVEs iMENT WAS
PASSED AGAINST TIE VOTES OF
THE NETWORK SENATORS.

| THE NEW-fOFk SENAIokS
Albany Feb 10 tspecaD.-Most of to-days
| sion OF the Senate was taken up by the discussion
| OF bill introduced by Senator Mullin which ex-
| tends the field of savings bank investments. Mr.
Mullins bill allows the savings banks OF this State
to invest their deposits In the bonds Of nuraber Of
| States from which they now barred Mr.. Null
lin I'm support of his bill. declared that only the
city OF New-York and the National banks were OPP
posed 10 bill; the former. because its officials
| feared that the city bonds would not find ready
sale at the OF interest paid on them. and the
latter because they feared that they would lose n
large amount of money with which 10 do business
Either the field of investment must be extended
or the rate OF interest which the savings banks
pay to depositors must be cut down. Senators Nc
Mahon. Guy and Ahearn opposed the bill 1t was
pa ssed. however. by vote OF ~ TO 9.
Senator Pound offered a resolution recommending
that since the banks subject TO the supervision
Of the Superintendent of Banks and pay his ex-
penses and since the superintendent Is not required
by law TO make any report. he be required to re-
port 10 the Senate on before March 10 an Item
ICED and detailed statement showing his receipts
and disbursements giving the dates Of his eXamna-
ton OF banks. the amount collected from each ana
the manner In which II has been expended Inc
resolution wac adopted.
Senator Lexow presented to the Senate resolu-
ton authorizing the special committee appointed
to investigate the Police Department OF New-fork
CITY TO sit until the end OF the session ana during
he Senator Mcmahon thought the time
should not be extended until a report. had been
made Let the committee sit until the end OF the
session and make a report. If a further extension
was found necessary then. the Senate would grant
II, Senator Lexow accepted the suggestion ana the
resolution. thus amended. was passed.
Mr. Ainsworth's bill which creates a non-nartisan
Board Of Election Inspectors for the city II Albany
came over TO the Senate from the Assembly In the
course Of the morning. motion was made 10 s"nd
ths bill 70 third reading Immediately. but senator
Parker who IS the Albany Senator, Tas waiting Tor
the motion 70 be made. and tumpi Up Will an OBJ
lection.
ANY objection that BIN going 20 a thi'i rcsf'
ing?" inqu red Senator O'Connor. IN tone ~ sur
prise and establishment. and placing ms emphasis
YES sir. do object" replied Mr.. Parker.
The bill sent TO the judiciary Commit me
committee will meet on Tuesday so mat tne in'"S-
Wednesday, This is the same bill whch passed me
Assembly Yesterday, and 20 which the ADan' I'm
ocrats rnaf.e objections wnen Il was loo late' aIteF
finding out that the election ohlc'as mere were " ~
equally divided between the two parties.
Among the important bills reported from commit
tees Mr. BurtiSs Greater New i"rk Dlii' pr
ton o. consolidating New-YorF ana broIklyh; ~
was made a special order for next N'hn'SlhE' 81
ator Lexow's bill providing FOR immunity IRON o
arrest and punishment o, c ne9r,ment Inyes
eetinR Committee, was also reported. Among NE
bills advanced to a third reading were senator in
authorizing Justice of the Supr"n. our /. , ap
pear by deputy before Grand Jurcs 70 act "! pihce
u the Distrct-Attorney; and Senator SaN.on DR.
vidng for the recOnvenng or the Sth'" '"d'" =" N''
yassers to correct mistakes. ,,.. 49,. e.,
Mr. Iawson's Assembly bill. authorizing tIe COM
nloion Of Riverside and MOrningsnc piihH' anu
Myers balloting machine. were among the measures