THE SINKING FUND COMMISSIONERS.
Senator Wolfe's bill [37] reducing the salary of their President, from $3,000 to $1,500 was read the third time.
Mr. WAGNER opposed the passage of the bill. The gentleman has the management of $3,000,000, and should receive a good salary; It is a much more difficult office, than any other in the State. He moved to indefinitely postpone the bill.
Mr. NEWCOMB was surprised at the introduction of this bill: and thought the salary is nothing more than what it should be.
Mr. STEELE thought this a bad move, and should vote against the bill cheerfully.[These three Senators seemed to vie with each other in their praise of the present incumbent.]
Mr. SLACK approbated the passage of this bill. It is right this salary should be reduced.
Mr. HAMILTON was against reducing the salary.
Mr. WOLFE desired to see public officers salaried upon the principle of equity, &c.
Mr. ROBINSON was opposed to, some of the large salaries of public officers in this State.
Mr. RAY. This office is one of fourfold duties; one of these requiring, the highest legal attainments. He gives bond in the penalty of $100,000, and is entitled to the compensation he receives.