New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-03-01
NO BANK ACTION TAKEN.
DEL4Y IN COMMITTEE.
.narLcs's Notion for Discharge De
feated .After Yarn Debate.
tBy re,egraph 70 The tribune.


Albany Feb 2S-utteriy unable to agree on
the proper course of action. the Senate Finance
committee made no report whatever To-Day Oh
the Assembly resolution calling for an invesu-
cation OF the Banking Department The pros
pect is that the resolution will be reported next
week and its chances for escaping substantial
emendmen; look brighter now than ever before
because Of the night N the committee.
Action was taken at the supplemental
committee meeting this morning because OF a
disagree cInent inside the committee ana dis
iac..nstion 10 act under such conditions untll the
return Of Senator Malby, the chairman III acpoh
Is taken next Wednesday, however. Senator
Stevens probably viii move TO dismiss the COM
,nittee from further consideration of the resoiu-
t4on. When the committee adjourned last night
81 seemed as if a resolution advocated by Sen
ator Raines providing for restricted inquiry
would be adopted this morning. Instead. the
advocates OF unlimited investigation renewed
their fight with redoubled strength.
Senator Stevens declared that public conf
,oence never would be established until a genuine
Enquiry had showed that it Was justified. Senator
Armstrong. with the experience OF the insurance
Investigation predicted that banking probe
would be inevitable The Democratic minority,
antent on manufacturing campaign material de-
sananded that the Republicans prove that the
pariy administration had not been corrupt.
Meantime. with the prospects good Cor
passage of the insurance bills, there may yet
lbe opportunity TO take up the banking in
HQuiry. Its advocates in both houses intend TO
syEsh II by their utmost efforts. Its fate now
lis somewhat entwined with Senator Markss
blanket investigation resolution. also held up
Thy the Finance Committee. He moved to-day
40 have the committee discharged from further
consideration OF this resolution, and while the
Emotion was lost considerable sentiment III its
kfaN WAS Sba 10 bOre for
section on the banking resolution on Tuesday.
. Especially this true among the Demo-
Crats. The eight who voted for the reporting Of
the Marks resolution We're all Democrats. Two,
lSenators Foley and keenan,, members OF the
Finance Committee declared that action on the
dissolution Tor individual investigation would
come next week. Senator Grady. also member
bof the Finance Committee. while not voting for
ahe Marks resolution. agreed with them. Sen
lStoT Hill. Of the Finance Committee, who voted
sagaInst the Marks resolution. said he would
support one for inquiry into specific depart
snent. Senator Marks's motion TO discharge the
Finance Committee subjected him TO ridiculs
.srom many of the Senators. but he stuck to his
gums delivering a fiery speech. attacking the
Eepublicans and Corporation corruption" He
said in part:
II is not with any expectation Of success that
press this resolution. II is a foregone con-
clusOn that the ma Ority viii heed the de-
gnand that these Augean stables be cleaned. The
desire Of the public for more light on the acts
Of Republican officials Will be denied Not for
ssuch Hight as a committee working behind closed
doors decides should be given not such light as
4 committee wants to shed on the dereliction of
officials IT desires to Whitewash does the public
clamor, but for the light Of a full investigation,
thoroughly probing every department where cor
Tuption is supposed to exist.
The disclosures Of the acts OF corporations
sulting from such an investigation would be far
he iSpl he hos
been only partially lifted. yet the stencil which
has risen viii remain In the public nostrils until
the department is investigated and cleansed.
Any decent investigation Of the Insurance De-
partment would show conditions there which
permitted the companies 10 carry on the career
OF LOBBYING ana corruption which the Armstrong
committee revealed. Il may be that there are
officials in that department TO be protected.
Who can tell how many in the department hold
places on the recommendations of the companies
they permitted 10 loot and plumber? If ex-
anime the department We may find how much
was paid for protection-how much Of the
Andy Hamilton fund was used there.
So far as the banking department is con-
cerned how can any Republican majority. re-
sponslble Tor the conduct Of the State depart
lnents. allow any official TO retain his office in
the face Of the charges which have been made
end which ample facts have been brought out
TO sustain?
Senator Coggeshan called Senator Marks's
speech foolish and ridiculous Senator Arm
strong declared that If Senator Marks knew the
magnitude Of the task he was promising he
would not rush at it so bIithely. The investiga
lion Of all the departments. thoroughly done
would take a year. Any investigation 10 be
FINISHED before the end Of the session would be
purely a farce
Senator Raines came 10 the defence Of the
departments and the administration by attack
ing Senator Marks for forming his opinions
from newspaper headlines. There existed no
disposition on the part Of any legislator 10 cover
'WTohsdoing. but apparently radical sentiment
demanded that the legislature condIct inyesti
eaIohs ma evidence and punish the criminals
senator Markss motion 10 discharge the com
faittee was lost by vote OF So TO S