New-York tribune., 1872-02-02
TIE TAX coMMuSvoNERS' DEFEYSE.

|
CHARGES OF THE TIMES REFUrED.
To he RAZOR Of The Tribune.
SIZE: The ~ Y Times Of this morning con
tains two elaborate articles imputinG 70 the Tax Com
missoncrs fraud. jobbcry. and corruption IN general
ard spccf in dCta instances OF fayOrtiSm toward
certain railroad companies named. These statements
are circumstantia claiming to be derived from oii
caI sources. that they admirably calculated to mis-
lead the public, especially at this jnncture, when the
public mind Is prepared to credit imputaton, how
ever vi JUST which may be cast upon official.
The fir statement in The Times is that the books of
the Tax Department closed against public scrutiny
This statement is untrue III the sense in winch 1t Is
made The usage Of The Department in this respect Is
substantially the it formerly greater care
however being exercised to prevent fraudulent altera
tions by outside agents. The next statement, that in
October 1871, when Mr.. Green was appointed Deputy
CONTROLLER the practice OF the Department in this
pcct was materially changed is also untrue. The figures
uublsncd The Times purport TO give the assessments
for real aud personal property upon the various city rail
road companies. and deducng these sums from the
value Of the stocks Of sald companies, the con
c,0n j. arrived at that tho assessments are far too low
and grossly unequal ranging from u to ~ per cent or
O. the second Avenue Railroad Company Tie Times
makes the following statement: ..o.
Amount o csp'al stock rrod price 5l....''.'' Fggop
Total Of ca @ soc slo@ng rrsi valuation ''"O
Real c. lci being only D.. PER cent Of raj valuation no e
En 'oe-j tt iGs be c0npared with the following sworn
Abatement made by the Second Avenue Railroad Com
p9uv on Glc in the Tax Department:
met Of he , and comfy Of New YorI for sni behalf Of tbs
ol GGpaay ~ the 5s & o. s J.na.r .rGG9f @ "
CaJit,l actually sid in or secured to be Plii |SO
end Nipctccnib wards Of Cy OF Hew-iorA.'...... 75d5
les GeO. ' 'il M T. E s. !..
Amosn Of aIla esIning, 49,
the ad corporation situate the Nineteenth Ward of the City Of
@ y ,ge T. & wS. .., e ,6s sSrs, S,ci,5, ,,, 3, d. g.
sa'a @ cor a2,L nj +. in al rrsI.s iai ami true
before @ q Mat is MaEy%J = T. ,VS %osO'
On this Company u VIII be- seen that the debts ana
real ettc amounting 10 Geacu Ic 40 itSn Sn no .me
capital C. $780, leave nothing TO 6e assessed as tne poi
sohul estate OF tbs Company. This seems 10 DISPOSE
iavori'ial the Second Avenue Company was assessed
only y per cent Of it,, real valuation. ,. 1,
Tho most impO tant Of our CITY Railroad Compamesi is
the Tirdavc road Concerning this The Times says m
hm5 o capa stock Cqao.td price ~ CS
Rp, ,s,e I'd c's o 2 Jr cent Of raj ,aIu,dOn tDo
rerorl n pct, being taIe 505ioo
Thc ioo1.ng T. Tie copy OF sworn statement Of the
Third Avenue Railroad Company, on file IN the Tax De-
Sseeni delivered Taxes and As'css
Of e CT ara comfy Of HsHors for and " behalf o. os
Of s,.n,t on H., lot day Of JalnAr, 1871; ALBANIA
Gl To- le;'s [a IN; or ',Guf,d TO be Pa '""
tstni, en,h md On-hardrei anSihirieth St.,
and o. I1dayc corner OaeialdreI and thirti - ,oo
Yine.'en,i war; 5ere.n ~, th md SIly,.,b
Eire,clth "sfa be~een 'i-iy'''ih .ni SirS'v' o,a,
entA-sts. oV"
S55.nO
Les. debt. slTsooOO
Amount ic.ci m a. . Securities 80.
nj o. or ti p trnsacirg financial business Of
o. s o,oaor stl,oi ue HDeeenth ard oi the CITY of
| M .Yof.. a 1Lrsyc. corner Sfy his'.
Mem iOTf hobcr Sqmns the fft-den OF the ssld
C,roto beng do hTey certify dec are iha the
EObkhT
sworn 10 beoc thi- 2Ji dsy oi ! briaT', l67l .
CuAtLrs s. ARGuUE, hOlay Pdbhc, Rev FORK City.
u will lac seen that the real estate aud debts amount
TO s. 33s 1OD which, deducted from the capital, VI 7ool
c,v' uolLIng 10 be nssrsscd the Company for per
snun property or, il 10 IL attempted TO deduct the
4 ~ 100 from the alleged real valuation as stated by
Tbe J,es nf S2IslblO the result VIII prove equally
orreu I'm the 0 SScssment FOR personal property
Tho Avenue G Railroad Company, Dy II sworn state
urrt of IT, President John a. Kennedy made on April
20 187 nr0ved that is iudbt; ;dness exceeds the value
/ % al its property. real ana PERSONAL. III,
nrsr an, in specimens of tho foundation upon which
The Times has reared iis supcrructure ana ON winch II
| rr.tA its grave charges before referred 70. 49,
I'm niy thc same rule Dy which II judges others 10 The
Times That journal would stand thus before the pubic
| according ~ its railroad formula: ,....
Lr,,ot OF ,.u tai stock tqg,t pnce ~ lNtp
of s. sho.gas rr ysatOn) 'lOOOCO
taxed beng O8y cent Of real valaton (no 49, -
peona. property beus tgrl 11SVp
Tie real vtai ion here quoted ~ derived IRON the
stucnent published in The Times ltoeL
Inc Commissioners VI IaAts have t1nS DrleHy ana
frankly met the snOus allegations against them In sur
fccnt detail 10 carry CONVICTION 10 any nina III Whcn
cludor luus D ace that they have been uujusty 40.
pcrstd Bat what then Circumstantid refutntOns or
sprcHc charges by the journal nave HERETOFORE
b-u made n AUina instances the publication was re-
fused aud 10 others conceded but long deferred as 10
lose an aud value Yot again ana agan Ihe itpHS
it, ChaIgts, MOVING TIE power OI 'ohStdh oI
tiJi. 30 OTdor Oi tho Board.
Be,o- York, Fob. 1. 1872 Il T. BAnCoCk, oeOTetafy'
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