New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1874-11-03

REPUBLICAN BOASTS OF STATE ECONOMY.
REPUBLICAN LEGISLATURES AS wAsTEFUL AS DEMO-
CRATIC-THE SUPPLY BILL THE CAUSE EVERY
YEAR OF A DEFICIT-A HIGH RATE OF TAXATION
CoNCEAIING EXTRAvAGANCE-THE CURE IN THE
PASSAGE OF ONE OF THE CONSTITUTIONAL
AMENDMENTS.
To the Editor Of The Trtoune.
SIR: With the exception of the eighth plank
of the Republican PLATFORM the issues OF this campaign
are national. That plank reads in part as follows:
We point especially to the management OF the State
can and Democratic rule which Democratic rule was
such in its proiigacy as not only to consume al the
heavy taxes paid the 0yerburdened people, hut also
o take &C. sacred deposit OF the Sinking
Fund. This the Republican Administration has now
made good aud has Increased the Sinking Fund from
81 600 to than s6OOoOc, thus relieving the peo
pie OF that Indebtedness.
Most prominent among the disturbing elements in
our State finances Ia the Supply BILL" VI II Controller
Allen said on Sept. 80. 1868:
The Supply bill. which has grown out OF the De
ciency BILL to be very potential in depicting
the Treasury and putting at den all estimates OF
Controller Hopkins made the same statement in 1877.
We have then, the word OF two COntrollers-One q
Democrat and the other a Republican-to the effect
that financial profit gacy is due to the Legislature, and,
more particularly to the supply BILL"
The result Of several Of these bills ana of other es
ation wherein no had to the Of
actual excess Of appropriation over the public rev.
enues for the five years ending Sept 80, 1873, was
ssss7Ooo or the FIVE Legislatures that created this de-
Hcency three were Republican in both branches and
only one was Democratic in both branches The follow
ing tables throw additional light on the purity and WIS
The funded debt OF the State at the close Of each of
the FIVE fiscal years rsie 6 to was as
sept 80 ls7O.. 1884 1000 sept 80 ls73... S65SoooO
Co. hoffh aaa uar
Por year ending Sept 80 1853 sl0463,0O0
Por ending Sept 80 ls79''...''..' 4 $4,000
For year endns sept go ~ SS9999
The above figures that the greatest reduction
made 10 the state debt in any year was made BY
hat during the arst year Of Gov bts administration
the State decreased by the stupen6ds sum OF
$4,000 They also show that the heaviest tax ever
mposed-tbat OF $4,000 for the year ending Sept 80
ls72-was imposed by the Reform Legislature" 1
alude TO the Legislature elected In November, 1871 the
most Overwhelmingly Republican Legislature that we
have known for years Not only was this tax the
A. was per cent above ts predecessor. These reform
ers however added to their glory by rolling up def
cheney through OF appropriations Of $4,000
the economy which makes up deficiency OF So $4,000
BY extra tax OF 100000 Is, trust peculiar TO Re-
here let US contemplate the precise words OF the
Republican platform IL says OF the DEMOCRATIC e. rule
from the sacred deposit the Sinking Fund" 1t
thing to take from" fund, and 1t Is quite another
thug TO make deficiency In that fund Our Repub.
can friends omitted TO set of an item OF 1,loooo0 Of
imposed before they came into power but collected
aferward. Our State Controllers have for years been
obliged TO take temporarily from the Sinking Fund
borrow Controller Hopkins was compelled to act ss his
predecessors had done He borrowed slocOo the hrst
year. . -, -, 49,, :,
Finally, the only direct blow at the Supply bill Is
found In the constitutional amendment which permits
the Governor items OF bill aud 10 approve
Others Tue only organized effort oseeure the passage
of the proceeds from the Democratic State
Com which has furnished ballots In their favor
every election District in the State outside OF New
York City and Kings County ALFRED c. CHAPLIN.
Eetc-Y York. Oct. 81, 1874