, 1899-03-24

with a view to killing on the measure
al once hut this was defeated after a
sharp debate, and the bill went to tnlrd
asdinr The banking interests or the
| state at once became alarmed n De-
gan to deluge the senator's with petl-
lions and letters against the enactment
~ - < per cent rate. They represented
tkSaY Il would drive many small banks
ouS .f ex%istence and that 1t would not
hsln .he borrower. az capital would take
N,ght to New York and Pennsylvania,
u,hare "a G per cent rate prevails. Sen
stor Kxcham alone received 81 leie-
grams Yesterday against the passage Oh
the bill. sd when it came UP on maj
ma ssae e Yesterday afternoon he moved
70 r.commit in order 20 give the inter-
ested partiee a hearing. Senator Mar
Tin made a spirited defense OF the bill
ond aessiled the money kings for wait
inp til the closing hours OF the session
to ask a hearing. The purpose was
transparent. 1t Was meant simply 10
smother the bill in committee. Presl-
dent Reed also took h floor 10 urge
that the demands OF the farmers and
ANAL borrowers be scceded to and that
.n a ba nks be compelled TO bear a fairer
We of the burdens of taxation. Sen
ato,. Pitney Senator McDermoft and
Senator w. NJ. johnson opposed the
msasuAe as inimical to the best inter
e.ts Of the state. Senator McDermott
insisted MAJ this small borrower would
he injured Instead OF benefited by such
a reduction in the rate. He said the
moor man Uo0ld nave a better chance
n the rate were not regulated by any
lou, ana money was offered in the pub
lie market subject 30 supply and de-
mand. He did not believe in defeating
the measure by in%diretxion and moved
to Indefinitely postpone. This vas lost
r TO 10. The motion to rNeSmmit was
also lost-10 to 1e-and 1t began 70 look
az n there was a chance for final pas
sage. The bill on the Ana vote was de-
fested however-8 to IL. Those in the
fbrnxa i've were Messrs. Barber, Braun,
Eoster. Martin. Miller, Reed, Stanger
and Var Cleef. Mr.. Francis was Alb
senx All the other senators voted in
the negative.
TAe Appropriations.
The hardest working committee just
now is the corrnitttee on appropriations.
Many sessions have been held, and no
end of difitulty has been encountered
IN trying to keep the states expenses
within A~easenable limits. One of the
pnoblems is the Railway reformatory,
which it will taxi $3.50, 900 to get into
operation. according to the opinion of
the expert architect employed, The
committed decided last night to allow
the amoun stated so as to finish up
two wings. This work will doubtless
occupy the present year. and a further
appropriation may be sought next win
ter. The committee will allow the Nor
ris Plains hospital a special a%ppropria-
ton of $14S, 500. The public roads will
get $50, 900. The regular appropriation
for state hospitals has been increased
from 1858, $50 to 1858, $50, ao addition of
Sc, 500. For county lunntic asyfllms addi-
sional appropriations a~ggregatsng $10,-
400 are allowed to be appropriated as
follows: Essex county asylum. 5000.
Hudson county. 5000; Cumberland
county, $500; Atlantic county. $500. a
decrease OF $500 is made for Gloucester
county asylum. An increase of 81, 800 is
allowed for printing n circulating the
laws. The appropriation last year was
1900. The appropriation for the sup
port OF the blind has been reduced
$500. making the amount $4,000. The
national guard Ii allowed a net increase