The Mount Holly news. [volume] (Mount Holly, Burlington Co., N.J.) 1891-1942, 1902-03-11
The Legislature.

Considerable work was DOM last week.
Senator McCarter presented O. substitute
to Senate 80, which provides for the man.
ner of depositing the states money by
the state treasurer. The substitute pro-
vides that the state treasurer shall deposit
all public moneys in such national banks
of the state and other authorized banking
institutions, as he may select, that will
allow at least two cent. on ali balances.
Whenever in the judgment of the state
treasurer it is not compatible with public
safety to deposit the public moneys, or
any portion thereof, upon interest bearing
terms, he may, until such condition
ceases to exist, deposit the same without
interest in such banks in this state as he
may select; providing, that in such case
he shall not maintain deposit of more
than 500, 600 in any one institution. The
substitute provides that within seven
days after the passage of this act the
treasurer shall file new bond in lieu of
his present one, and in the penalty now
provided by law.
Mr.. Newcorn offered bill which au-
thorizes counties having no county hospi-
tails to appropriate not exceeding $40, 900
to private hospitals.
There is determined effort to adjourn
sine die by March 81. Leader Horner in
troduced concurrent resolution to that
effect on Tuesday.
An interesting item to lawyers will be
the announcement made by Chancellor
Magic that he does not intend to appoint
another vice chancellor for the present
This communication was sent to Chair
man Hutchinson, of the appropriations
committee, so that no money need be set
apart for that purpose this year.
Senator Strong's freebooter bill was dis
cussed in the senate Tuesday, amended
slightly, passed second reading and order
ed reprinted. This bill applies to all coun-
ties. 1t provides for nine members of the
board of freeholders in Essex and Hudson;
seven members in Camden and Passaic;
five members in Burlington, Bergen, Cum.
berland, Mercer, Middlesex, Monmouth,
Morris and Union; three in Atlantic, Cape
May, Gloucester, Hunterdon, Ocean, Sa-
lem, Somerset, Sussex and Warren.
The bill must be accepted by vote of
the people in county upon application
of five per cent. of the voters. This vote
cannot be taken until next fall and the
law cannot become operative until year
from next fall.
Senator Wakelee offered a number of
amendments, all of which were voted
down. One of these struck out the refer
endum clause, thus making the bill man.
datory. He thought it preferable to abol-
ish the present boards of freeholders by a
direct act of the legislature rather than
by vote of the people. Senator Strong
thought the bill could not pass with such
an amendment
Senator Reed said he preferred to have
the bill without the referendum clause
but rather than have the bill defeated he
would accept it with the clause added
The amendment only received one vote
Mr.. Wakelee then favored a reduction
of the salary to $1,000, but this was OPP
posed by Strong, Hudspeth and Martin.
Senator Hudspeth said the bill would be
very Objectionable to Hudson with such a
change because the work would be ardu-
Gus for nine men in that county. The
amendment was lost. Later in the day
Senator Hutchi nson introduced bill fix
ing the salaries of freeholders at $500 a
year and that of directors at $780, The
salary is now $3.50 in Mercer county.
House So, which fixes term of collector,
solicitor and clerk of boards of chosen
freeholders in second-cl class counties at
three years was passed by the House.