New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-03-17
NEW JERSEY NEWS.
DEBATES IN THE SENATE.
MDERMOTT AND PITNEY HAVE a
LIVELY TILT
DISCUSSION OF THE FIVE PER CENT INTEREST
BILL - THE CHAIR CALLS UPON THE
SERGEANT AT ARMS TO KEEP Mr..
MnERMOTT N ORDER

Senate to-day 10 secure speedy clearing Of the
calendar were nulifed by three somewhat pro-
tracted debates the floor. two on motions Dy
Mr. McDermott and the other on the House Dill
reducing the legal rate Of interest from 10 per
cent
Hardly had the rollcall been completed when Nj
McDermott moved to relieve the Committee on ne
vision Of Laws from the further consideration Of
Assemblyman CAROLS bill 10 regulate muh'c'ph
contracts. known as the Jersey cry emergency
bill.
President Reed promptly declared the motion out
n order Mr. McDermott appealed from the ruling
OF the Chair and proceeded 10 discuss the merits merits
of tho bill at length and the treatment u reCetts
member. he SAID the piI was -, which
proposition and meritorious measure, lion
q tho Senate Under il Jersey cry would re
esabed 10 pay the expenses incurred, ~ for whch
there are now no funds available. RE mao a so
the chairman Of the committee nuInne, -
His only remedy therefore was 10 appear 10 "e
senate <A
Mr Pftney. chairman Of the committee referred
TO- objected to Mr McDermott going INTO to the
merits Of the bill as not being releVant b 70 olca
peal from the ruling of the ChaT OF '"e o'ie''''
Mr McDermott insisted thar his remarks were IN
any ruiz Of the Senate under which the motion
should have been declared out Of order r..,o.,
President Reed retorted hy asking Mr.. MoDermott
20 show him any rule authorizing the "llhu'd"''
VI McDermott PERSISTED that his course was
justified by general pariamentary uSase ~ o.l5cH
bv IFS own rules Committees are only tae servants
OF the Senate. and the Senate can order them ,o
continued twelve hundred children in Jersey Ctly
who arc being educated on trust owihg b ~ st -s
burning OF their schoohouse ana oecause, IN, ~ a.
nor available funds with which 10 provide accom-
Mr Pitney replied with warmth 70 Mr. McDer-
motts insnuaton that the committee naa r, nten
Rad nfirsued anv other than It's usual course with
respect 10 the bill As matter OF fact ne SAID,
so that the committee could soc any merit n the
bill il is the duty OF the committee TO study az
through 2 hopper and IL is NOT their duty 10 70
port any bill unless for some suffice reason.
IRE between Messrs McDermott and Pitney. and
last Mr. McDermott withdrew ms appea ION LOT
the decision Of the chair and the discussion ehpeH
THE FIVE PER CENT INTEREST BILL.
Soon after the senate became engaged In a heated
debate over the ? por cent interest bill
Mr. Stokes offered amendment reducing the
legal rat Of Interest to nsr Geht He SAD ad inf
b was dra"R IN ,ae bGre6, hem DER cent
hin would certainly be SSH more 70 their aa-
President Reed called r " Johnson to the chair
and taking the floor spoke against the amend
ment. which he said. was designed to XIII the
lIr Stokes replied that the amendment was
Wouldn't The farmers Of Somerset prefer per
cent rate 10 per cent rate qlerled 5r. ; iCkes.
We arc lsgieIatine for bo-h classes Rich men now
borrow ar and 3 per cent ana i Is OILY ,b me
has 10 pay per cent. Banks are paving big diyl-
denis on their capital the average earnings IN the
bank in his town ,hut paw Is per cent .,..... =,
Mr McDermott attacked nnanciaI cohdlllQns III
general and the United States Senate IN particular
H. said the banks will b. amply protec5ea a.
iue the election Of United states senators IN Ger.
tain states and said money was the influence that
controlled the elections in California ana ee|er. r..
Twelve men. he said. control The money OF CT the
world and can run the price OF money up from
to 100 per cent almost at Will LegiSlatlon ne con
tinued. is without power 10 control me sl,uaLon
and men will continue 70 charge FOR money ne. wnat
and usury laws existing as far back as the time OF
christ and brought his Discussion down by stages
.I-Lt al rer cent rae not ONLY would not benefit
the borrower hut would injure him. by making it
harder for him TO get money
Mr. Martin also opposed the anendment ~
meaning the inevitable death Of the bIl.
Mr Piiney had not heard even the first intima-
ton that a reduction I'm the rate Of Interest was
desired lie believed. however: that the measure
might he willing TO vote for H. even against MS own
Judgment road circular from New-York mer
ctarts onnosinc r. similar mea I'm that State.
Alter some further discussion the amendment was
Later a motion was made 70 consider tie bill. biz
u M b., vr sfokes and Mr. M,Dermott the latter
10 S he would IKE 10 consider the effect o, the
bjI on building and loan associations I'm the State.
MDERMOTr THRICE CALLED TO ORDER
At the afternoon session Mr.. McDermott asked
for the record his bill providing that in the
future rirarian rights shall he leased instead OF
sold The calendar showed the bill 70 have been
rec0mmitted on March @. but Mr. McDermott per
sisted that the calendar not the official record
uies We're examined. These ohy showed ma a ne
hin had been reported on that date. ana me Presi-
dent ordered mat me bill be delivered mp by the
O pine moved 10 recommit the bill in order
thar a hearing might be given 10 some Jersey CITY
NJ" M,Dorr5tt said this would only cause the
bill 10 sink into oblivion ar this stage or the ses,
sion He had an amendment 10 one, ana Wah.ed
the bill considered in open session. ditnou1n KNOW
ins that It's defeat was certain WIN me influences
N To' Pitncy denied any personal motives in the
MIR N,Dermott then spoke OF the merits Of the
hill when Nj cross suggested that ne should con
motion to recommi, was nor debatable
Mr. Cross sustained oy the PRESIDENT ana
M NcDernott appealed from the Chair He che d.
is1osd any authority to show that he out Of
order ana again proceeded 10 champion me oL q.
spe2Ker1 "gS no sustained and llr McDermot again
0r,a more he was called 10 order the President
csufioni1q him to heed the warning
wa not one 10 be applied TO Senator discharginS
his duties On the floor Of the Houss He renewed
his remarks on the bin and was again called TO
order and once more he appealed. .s, ..
when Air Mepermott persisted IN his sc, course the
IN ordar The latter walked over toward Mr.
McDermoit who, however nn;she,f ns r1marNs
Chair fneU ~l@AaliN.l the democrats
Siding with Mr. McDermott. and the bill was re-
AIR Pitney asked unanimous consent 10 have Mr.
ITcTlermott's amendment offered, which was grant.
Cd bit the latter refused 10 avail himself Of the
privilege 80,
The Trenton High School bill passed the Senate
arter short discussion. 1t being championed by
Mr.. McDernlOtt
The Senate adjourned 10 Monday night
THE "REFORH" SINGLE TAKEN ~.
Camden. March Is (SpeciaD.-The Committee %
one Hundred Camdens reform organization. re-
ceived its death blow Tuesday. when the Re
nuhlcans swept the city by nearly six thousand
majority. The committee has befh ln existence