New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1867-02-04

| ever this the revenue under the original system
still maintained has increased propOrtionatey with
the State expenses and until the breaking out or the late
war New-Jersey enjoyed an immunity from State taxa
ton 1t has also been urged that this taxation was
transit duty" imposed citizens Of other states 10
which the citizens Of New-Jersey were exempt, ana
clearly unconstitutional Against this charge the State
has resouey maintained the negative, declaring the
term "transt duties to be mere Interpolation in sub
sequent supplements enacted and not to be found or so
construed in the original charter; that the tax Is eqt
able on the amount Of business transacted instead Of the
eapal stock and in either case would come directly from
the treasury Of the company that it does not increase
the cost Of travel or transportation If strictly speak
ing it IS the public who pay this tax the public Is moro
benefited by this mode of assessment than any Quiet
which could have been adopted for otherwise the reVe-
nue. would be greater and that In all cases IL Is the con-
sumner who eventually pays the taxes The ABOVE are
among the chief arguments urged by the monopoiss In
their defense.
THE EFFECT on LEGISLATION OF TIE CONSOLIDATION
The effect Of the consolidation Of these mammoth In
forests whose influence extends into nearly every County
Of the State, is matter Of serious consideration 10 ne
people OF NewJersey and the public generally WINE
they were rival corporations, in fact as well as IN nao
each anxious to extend their privileges, they Oecao
wary sennes on all matters Of projected legislation py
each other affecting the public for good or ey ana were
ever ready to sound the note Of alarm Inc
Camden and Amboy has used its immense
funded debt in the construction OF lateral roads
to bring business into its channels, and to deleat
whatever might be likely at any time to prove com
petitor IL was controlling influence In nearly all inc
West Jersey roads running through Mercer, Monmouth
Burlington Camden, Gloucester, Salem, Cumberland
and Cape May Counties and also in the Beyidere Della
ware road while Mr. Stevens the largest owner In the
Camden and Amboy, Is also the in the Morris and
Essex thus giving the consolidated companies
strong legislative influence in nearly every county In
the State. Combined, they almost the entire
available outlet on the Hudson River for any
railroad communication New-Jersey to
New-York City, thereby completely forstalnng
any projected and direct competitor with them for
the business between the Hudson and Delaware rivers not
under their immediate control after the monop-
oily privileges shall have expired few years hence How
far this power will be exerted will probably be developed
during the present Of the NewJersey Legislature
Last Winter act OF incorporation granted to
company entirely independent OF any Of the existing cor
pOrations to construct road from Newark to New
York. and ia now building at intermediate points,
without having as yet q fixed easterly termina-
ton from the fact Of being unable to gain ferry prV
lege on the Hudson. They asking OF the Legis-
Iare supplementary power to obtain this, and are OPP
posed by the NewJeTsey Central If secured, it is more
than probable that the road viii in time be seeking
an extension from Newark to the Delaware and thus FUR
nsh new and formidable opponent to the present con-
sOldated interest.