New-York tribune., 1907-11-08
SPEAKER A CANDIDATE.
WADSWORTH WILL RUN.
Erpects Important Financial Legis-
latiOn at Nert Session.
rRy Telegraph to The Tribune. ]

Ao
Albany. Nov II candidate for re-
election as Speaker of the Assembly. and SO far
as know there is no opposition 10 my candl-
daCy.' said Speaker Wadsworth. who in
Albany to-day 10 attend a meeting of the State
Land Purchasing Board. Asked whether Assem-
blyman Merritt. of St Lawrence, who made
a bitter fight against the Speaker two years ago.
might again be a candidate against him. Speaker
sWadsworth said he had received no intimation
to that effect
Mr.. Merritt and myself are warm personal
friends" said the Speaker. and contest be-
tween us would involve no personal feeling in
any event"
1t was suggested TO the Speaker that possibly
Mr.. Merritt might be content with the place of
majority leader, Assemblyman Moreland ma
jority leader for the last two years. having been
defeated for reelection TO the Assembly from
Chemung
AS have not been elected Speaker as yet,
it would be hard for me to say who will be the
majority leader. OF course. you know there will
be several vacancies among the committee
chairmanships"
With the majority leadership goes the chair
manship Of the Ways and Means Committee.
Among the other vacancies in important COM
mittee chairmanships are the following: Judi
ciary. Cities. Insurance, General Laws, Taxa
tion and Retrenchment. Revision, Canals. Pub
lie Education, Internal Affairs. Privileges and
Elections and Indian Affairs
Speaker Wadsworth was asked if there was
important legislation TO be taken up at the next
session Of the Legislature.
Naturally there will be" he said but of
course, just what will be considered I cannot
say Much will depend on the recommendations
by Governor Hughes in his message look for
important legislation affecting financial inter-
iNr1ar rTv-
ago we took step in that direction when we
provided that trust companies must maintain
IL per cent reserve. of which > per cent must
be in cash. in bonds and on deposit with
other banking institutions. It is possible that
changes in that law may he made"
speaker Wadsworth left here tonight for
his home, IN Livingston County.
Assemhlyman Phillips. of Allegany. one Of the
most popular members i'm the lower house Is
also talked of as possible candidate for ma
1ority leader. Both AssembIyrnen Merritt and
fhilhps were among the chief supporters OF
Speaker Wadsworth In his fight against the
Senate plan Of reapportionment. the subject
over which the Legislature was in deadlock
for several weeks. 1t is believed that Mr.. Phil
lips VIII step aside for Mr.. Merritt as mai ajority
leader. and that Mr.. Phillips Will become chair
man of the Judiciary Committee TO succeed As
semblyman Mead Of Albany who refused TO
accept denomination. AssembIyman Ham,
mond of onondaCa, who was chairman Of the
Committee on Gas. Electricity and Water Sup
ply at the last session, viii probably get the
craftsmanship Of the Cities Committee left
vacant by Mr.. Bowling. Of Kings There is
some talk Of Assembyman Robinson. of New
York being candidate for this place. Al
though new member last year Mr. Robinson
served with distinction. and seems certain to
Iand one OF the committee ChairmanshpS
There promises TO be lively fight over the
minority leadership. George NJ Palmer. Of
Schoharie, who Democratic leader in the
Assembly for several years but did not return
last year. has been elected. He will no doubt
want the honor Of again leading his colleagues
but it is stated that Charles T.. Murphy prom
ised before election the support of Tammany
Hall to Paradise Jimmy" Oliver. leader OF the
minority in the Assembly at the last session. As
a result. II is likely that upstate will line up
against New York City. with the chances IA
voring Oliver
The contest between Palmer and Oliver may
become intense that a compromise candidate
may he selected. If this is DONE there is talk
Of Assemblyman- elect Robinson. of Chemung.
who defeated Majority Leader Moreland for re-
election. being selected as minority leader. Mr..
Robinson is we'll known In Albany. He
private secretary to Governor Robinson. his
father. He is well acquainted with the details
os the Legislature. having appepared before the
committees of both houses on numerous occa-
sons, and for years has kept in close touch with
legislation.