New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-03-09

Commensurate with the privileges the stale eones Oh
/ them.
! Dir. WooD argued that the principle of taxa
ton wa that 4 tax should bear equally upon ali who
receive the protection Of TIRE Government But .le ma
jorlty propose unequal and special taxation las a.
m lst sod bis duty egsstor would Tor pa hin 70
ssrcuon such injustice Il was crest and hi yhaaied
vyODg. and there right IN me Legislature 10 en-
orceh Whether the subject Of special taxation be
I banker or g farner-a poor man or rich oue-tne
Legislature equally unsiy. IL u rpoong portion
OF the people without any appearance OF justin anon
/ The gentleman from Allegsny (ar. Champn, CONES
fTcn county in which there i not bsnk nor dollar
! OF banking capital and he urges the tNxalon OF
these companies relieve his constituents OF thetr
lair proportion Of tsxstion We are Elso tod
that Herkmer county represented by Mr.. Loo
! mis) has only a small amount Of capnL In
vested IN bank or railroads The bsnk sock OF the
state amounts % twentys.x millions, ami TINS they
! would load with enormous tax TO shield their
Constituents from their tair share Of the burdens
| Of the state. This Is such even-handet Jusice
that LILLE need be said to show the motive OF It,
Establish the principle OF Discriminating property
| which shall be taxed add you destroy the riyaGs
| OF every man- for say thsf ne
| VIII not be the victim OF this unjuss principle
/ IL is said that the conierring the right OF emf
nent domain upon railroads entities the state
| 10 bonus from them for this privilege Bu.
the railroads pay the full value foy the proper.
~ they take and the dsmsge they do and they ought not
10 De ssain required pay for tbs either the State
OF the Individual Mr.. w had the same dislike TO
porAtiCus that most Possess. but be willing
this Jealousy should control his acton legislator. A
reason for taxing banks II i said they have special
privileges. But all have the night 10 invest aeir
capital wherever they think may be most prOntlby
placed. whether in banks railroads, corporations,
and there why ought n be taxed more
largely in one place thsn another. There would be
greater appearance OF justice If bad been proposed
levy the same tax al properly controlled by corpO
| rsfions
Mr. BURROUGHS said az the proper time he
would move refer back this bill 20 the COmmttoe re-
porting with Instructions to tax such railroads only
I s#k sk, awala NJ
take up the whole series Of measures introduced by the
/ Finance Committee They were brought forward 20
I accomplish other objects than those avove1 on this
| floor. When the proposition was brought forward
/ there lobby OF railroad men here 70 oppose
1 it How il this Are they contented with being
chosen out special objectssof taxation NO-but
he had observed that when thu railroads had OBJ
jects 10 accomplish here II was done by inirec
ton They before they bring in their plan
and know precisely how il will be acted upon. All toe
revenues OF the State are derived from investment
OF shout thirteen millions. Was there more pro-
htabe investment The history of the past would show
nothing b. compare with this IL may De said we have
expended forty millions on the Canals This was not
true. They cost only thirteen millions and the
from them is four millions annually THIS sum pays
for the Canals every three years Provide for the
penses OF the Government FOR four short years by taxa
ton, and devote the whole surplus revenue from the
Canals 10 their enlargement and they would beprOvitet
for in those four years Then boats carrying 2i0
tuns could float upon them and -four could be trans
ported from Buffalo to Albany for shilling barrel.
II
canal revenue except it, cost In 1882 the canals
in bad hands and badly managed aud the surplus
OF that year not criterion for caCuations In the
year lsil the surplus over s9000OO. The
this outlay of thirteen millions produced the
interest the nifty five millions. Then complete the
enlargement anaoy0u would diminish tols two millions
snnuGly-the interest on forty millions This was 50
much saved TO persons doing business the canals.
The immense increase Of population in New.YOrk and
its vicinity since 1875 s than half owing 10 the
malls of the State BY expendDg tso millions more
A.. 49,
lees than ninety five millions of dollars transportation
costs seven and half millions yeariy-enlGge the
canals and this trans ortaOn would be done for
FIVE millions This would be gain 10 the people There
many farmers in the western part of the State 70
whom this would be saving OF a hundred dollars or
more. This was no light consideration Cheaper the
Of transportation and you the producer We
must only take into calculation the produced
TO the State hut the benefit conferred the people.
In looking around the House he saw men who ought TO
act in accordance with these views but L was sorrowfu
10 be conscious that they under the absolute
troll the dr sergan Of the House and dared not act
independently and in accordance with their views of
right He begged pardon for abiding 70 their fault and
be regretted that an honest reprove could not be
made by the votes OF members to the important cOnsid
era,ions he had advanced. In 1893 Gov Marcy said
the property OF the Canals such that the State could
depart from the policy of using only the peoples
Of the State the Canals but could safely Dor
money for the purpose. But the time came when
HeTkimer received 10 rule the state Ia 1872 icrkmer
brought forward lis plan to stop the Enlargement lie
respected the honesty and talents a the Representative
from Herkmer, but the gentleman held views which
belonged to past age, and desirOus Of claiming the
House 20 the opinions Of former times In stopping
the public works, large damages awarded 10
contTacors In some Instances, onetourth as
much laid for damages would have served
10 complete the works. Mr.. b. read from
the tshle various items Of damages 20 show
that half million had been paid in this way which was
entirely lost to The state The State in debt and
HE knees hegs us for 10 supply the deficiency.
Had the Enlargement gone on, this would now DO
the casc-he Treasury would have been full. In 1915
the present Governor 10 favor Of an appropriation
for the Canal Enlargement but be has now fallen into
the hands OF the gentleman rom Herkmer. In 1916
the constitutional Convention controlled far "a
financial measures were concerned, by Herkmer-it
prevailed there as II viii on this toor today. Come,
Civ of Newly Ofk come BrOO klyn, and humby ac-
knowledge your leaiy to HerkIner Mr. b. would vim
dictate any Of the Legislature OF 1871 except one and
that the removal OF tools rsirOad) be charged
upon the gentleman from Her kmer Al thai session Mr.
Il. introduced proposition that the Western states
should loan this state their stocks complete the canAs
The benefit conferred upon tie Wet by the canals, and
the Ia reased benefit 10 be conferred by the enlarge
ment would have justified this Mr. b. had born much
obloquy and abuse for this Ii was called the nine
million sbomnation." Mr. b. before he closed would
show wha- made Il an abomInatiOn. The yillsiny
in these having charge Of the appropriations. A prop
osOn prevent any body ofpeople deposit money in
the treasury build canals with the understanding that
il shoud be paid back from the revenue OF those canals
wac not creating debt against the State although Her
kimeT might say The bill had been before the peo
pie days before iswas charged unconstitutional
The Bbgdt0 RepHbfic and Albany Argts-harsh as
thht name may sound 10 gentlemen here-called the
scheme constitutional The abest jurist Of this State
the abet OF the country recently gone his
grave, had pronounced the scheme constitutional But
be has changed-and hOwi tie made yisi, % this city
and then told what he do and what muat be
his reward. Ten days after be had made speech in
this city IN favor Of the plan be agreed % make another
against it-6nd all that Herkmer might have is way
AZ Chairman OF thaE meeting a who owned
more railroad stock than any other i've ia the
state The interests Of railroads must be sustained
against that Of the canals for his benefit There
il no intention TO TAX railroads. The proposal
il only defeat the enlargement. He would
charge the Democracy with hostility the canals a.
though the members Of hst party who lead il are So
He wished the members Ofshis Legislature would emAn
cipste themselves from this control The railroads
were built under the agreement that they should
compete with the canals, in trsnsPortarion-he would
90 10 tax them 10 complete the enlargement-but