The New York herald., 1863-02-18

Albany, Fob. IT, 1893.
TnE TAX on BANKING INSTITUTIONS

ALBANY, Feb II, 1893.
TnE TAX on RANKING INSTITUTIONS.
The Comptroller sent Communication enclosing
from Comptroller Brennan. Of tho city Of New York
State the ground that they have invested their
capital In stocks Of tho United States and that the
are exempt from taxation by act OF Congress Tho qucs
tion Is before tho courts, but II not
thought that tho banks would decline 30 pay
the tax before tho final decision on the subject
be received from for the fiscal
year ls likely 70 be dminshod Some 966, which
must be provided for in othsA way Tho Comptrol
Ter recommends an Increased duty upon salt and tho
smepdmeh Of the auction laws a. proposed In his annual
report These % unae1S..ay ~ Ss sne,sna ~ 70 cover tho
taxes.
Tho conpuncasion was referred 70 tho Committee on
The ComBtfolier holds .ha. while Il Ia not constitutional
for tho State 70 tai United States stock tax tho
capital Of banking corposatpns AZ such. matter Of
what the securities are composed.
VISIT oEsrRAL coxcosAx TO A~1xsLr.
Mr. w. DEWEY mevcd that Bvigadier General Corcoran,
who wns hsn IN The Capitol, DO invited 70 tho noor
Notion adopted
nclsrs. Dewey. T. C. Fields and Johnston wcro ap.
pointed committed 10 inform General Corcoran Of tho
Invitation.
On motion Of Mr. YBaI1r the Speaker was requested
welcome GeaerAl CoTcorah 10 the floor.
When the committee appeared az the bar of the House
with General CorgprAa the SrrAxxa snid -
GEsnAfAs Speaker u the House, and 10 behalf Of she
representatives, Of the state of New York Assembly
convened, welcome you 70 tho floor The distinguished
and patriotic services which you have rendered the
stitptcn, tho herosm With which you have borne, not
only dangers o. the ncd bat the BucringB aud prya
of tbs dungeon have endearcd you tho
the people above Of those who have rendered
vices t0the country In extending you this welcome
the part o the people o your state perform the proud
est act u my ME.
General CoRcoR,S replied ps follows
Mn. sPEsSER GEsut1aES As-rsmT--f
scarcely lind words ~ cspress gratitude the
pected compliment which has been PAID by the
and Assembly Of this Legislature. I LETT suaak and
this State 10 transact business connected with
my legion-whch remains unfinished the prcEent
tiIne-and TO visit Washington on the same errand
obtained ton dayE leave az absence for that object
detained here lass night GDvcrn1r Seymour
partly on this business aud partly express tho
pleasure and satisfaction feel at being able, this
time TO hail the Chief Magistrate of this great
thank YOU sincerely token ~ your esteem
II anything wanted ~ u i1uro action.
certainly would ba found IA tha KIND reception have
here to-day On my lrsi arrival IN Washington from
the South ! had intended ~ accept ~ ovatn but
told might d. public good BY laying aside per
sona preferences iu the Therefore accepted your
invitation with pride, bcCanEo feel that u not
given Michael Corcorsn, bot out a respect a.
the procgai9n which belong aud my gallant country.
men, who have gwen their services and lives
support ~ the government ~ their aigpt1n
general torcgrau 9as frequently Frccie1 with loud ap
plausc during tie delivery Il hls speech, and shrn hs
had concluded House took Tor ten minutes.
and ths members crowded around the General and
introduced u him.
Tho remainder II the session was devoted 10 the con.
sideraton n bills 10 ,ommittse of the whole.
No bills of general importance were acted OF.