New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-01-26
,otal s2,S76.252.l7s S379.4SSI40


Net Increase in Assessment q personal 1876
1875. $-l,5t6. 7J5, or per cent , $500. -,
I 7S' oIeT Try s5 - 745 81 per cent
The Assessors Recommend that the laws of personal
property be oonformod to decisions of the State and
Federal courts They call attention to he large amount
OF real estate exempt rom taXatiOn-sOme H3oOOOOOOO
and suggest that the Legislature ascertain the amount
exempt, OF owners. purposes Ter which the prop
erty is used and value in order that some of it may
be assessed Private school and church property, and
city proDery not used corporation purposes they
think might Dc taxed. They show by table that the
increase OF taxable property from 1878 to ls7G was
$685. 432, 445. Concerning this they say:
This LARGE increase OF in this period Of s'agna
ZION. depression OF business ana shfinhage OF Vii'S
not caused by increase 81 tie actual value OF thc
property OF the commonwealth. bu Is owing MARTY 20
determination by local ana Others over the
Sate 10 20 longer annually violate the plain printed law
maze oath t. the rolls thar they Gssesed the prop
cry at IL iUl and true value as they would appidSe
soIvcat cobtor,' when Tact they had Intentionally
ranging rom Cnealgnth ouo-ourtI oue-lfth onc-third
u y, t, wa and tt aos al oy,r the state has been
realize and insist ttdt tEe community have no lht 10
avrart or densnd that they sha deliberately violate
the law which they 10 obey. Wben tbs viola
ZION shall be- demanded 4 assessors ana tfE Sia d-
ce-d To the demand truly taxation will BE- fearful
power and feariuliy executed We believe that the
wifi nor increase he burlenof taxation Ill strongly
tend the equalization ~ assessments. Tie more the
valuation The less viii be the tax rate.
The STATE Assessurs recommend that local he
careful ana not property above ia u value, and
in al cses doubt to give the taxpayer the benefit Of
tie doubt bu they insist that the law regulating
ments must DO enforced and That assessments at their
full value bring relief to the second aud thrdciass prop
erty. They quote tEs opinions OF several Con
trolers "a TO the importance Of the faithful
execution Of the law. The effect Of q iul valuation If
shown in the following assessments IL Buffalo in $40,
4 oct. sol
IA 900 COO and the rate OF 10 mills. In 1876 the
assessed value OF real and personal property $685.
600 900 and the rate Of tax 4i7 mills. Ia 1873,
45OOOOOOOO OF properly paid tax in Buffalo OF
$1,000 and ID 1875, under full valuation, the same
property paid 80 2J In syracuse ana uca TIE effect vas
the same. The assessors state that If in tue city
Of New York al real estate assessed at It's fun value
and Che laws 80 amended as 10 enable the Tax COnm.s
soners 70 all ed aud personal property
bonds and mortgages, that the rate Of TAX Tor state ana
CITY pnrposes II the city expenses cut down where
they ought 70 be, would not be over IL per cent.
In the CITY OF Rochester in 1876 the tax real estate
was SO mills; the personal property yained at
SI97O.5OO and the capital Of the National banks at
SII50OOO There is also other Incorporated capital
subject taxation. After dedactng the capital OF the
banks it leaves $s25,jC0 for personal prop
erly IN a city having population Of $1,000 fraction
over $40 per CAPITA Til is not tie value OF the bed
sta,ds uou which the inhaHtauts sleep the
saw. No other Illustration Is necessary tE"y thnk 10
show ho~ almost hopeless IN 10 assess personal prop
ertv without such amendment Cf il" Us" ani the
oath the assessors take suggested in tner
last report .,, 600
New-Hartford. Oneida COlnty, IN 1s75 lad 81 600
OF personal property and il lF1c mad r1rtVOG;
Camden. 5000 III 1879 and 100000. Ia 1870. In
Ououdlga County personal properly III $50 WIS
~, 3}G COO IN 1870 SIOS6l 900. Ihe assess - Ce
car. NAT the INSURANCE capital aud surplus OF the
state amounting to ~6oOO0.Oo0, is a'Sc~scd
upnn onlv some 5000 600, some V&uGp0nO less IMAM
tie 5anh OF Commerce assessed or IN the CITY % New
Yor; and other incorporated cau''al escapes taXato
Tucv refer 10 the taxation OF banks ~ il "alue ana
- -s IA NOT without cause Of com plant ~ they pay
. her tax tran any o.lrr property III iheSttt ASsesS
r.,leye the banks" They the railroads Operated by
team ~ the state were assessed about SJ0,OOO.J1U,
although cost 81 said railroad ~ 1850 "" To2pCUu
900 They ca attention To the Importance OF ''inhH
the lands and buildings separately lhy speak Oh ~.
nnpOrancc manufactures and the Necessity 0I making
thor fax ii low rate that they may compete Win
St.tp D.uartmen Of Asscs,m and Ta-alon and the
cl.N or tIe purpose of assessing incorporated capth
The sossols lave visited every county ~ Tn" STATE !nd
examined over 5000 officials, ia order u obtain
i.,f3rIua:ion 20 enable them TO d charge theT
duties properly Ia S73 they say we iohl only one
ertv m its l yaIuc; 1876, the assessors II 80 conn
tics with The exception OF some towns, have assgSstd
real ronery AL lis full ana value ana largely IN
creased the valuation Of personal property mus tqla
iIng the burdens OF taxation upon the people