New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-01-12

-,
The state cc6t on Tie S0th September,
leSO. after dcductu- the unapphed
cd To- 1917. s7,o59574 20
On tic 3o.h september 1881. including coo 49,, oo.
Sl226Si s1.........-.--..-.--.-...-. o'"ooO1o oV
fnn5 s37G5Ol 40
The actual reduction Of the debt during 100000
the same period by cancellation being. 5000 oo
TAXATION.
The TAX levy enacted by the last Legislature for
the current fiscal year is AT the rate OF pa mills,
which il is estimated will yield, on the present val
nation. a revenue of SG,032, $50 81. The levy OF
the preceding wear was at the rate of 3i2 mills and
produced SO 232 $40 80. Thus il viii he seen that
the burden laid on thu taxpayers directly for State
purposes has been reduced this year more than one
third as compared with the previous year. With
the large surplus now in the Treasury if the appro-
pfiations by TIE present Legislature be confined
10 the actual necessities of the state the rate OF
taxation for the coming year can hestlll further and
materially reduced. Sound policy dictates hat the
present encouraging condition Of the fiscal affairs OF
the State shall not he disturbed by inconsidcrate or
extravagant legislation, hut that appropriations be
confined to legitimate expenditures ami the COM
petion Of public works now in progress
The necessity of revision Of the laws relative To
assessment and taxation sin exists aud reform III
this regard j. urgently demanded ny the peo'le.
This suti ct was earnestly presented III NY previou,
annual Messages and much discussion was devoted
10 II bv the last two Legislatures without, how
ever soaring sails. actvry results. Beyond moil-
fcatiou n: the law tcluuG the term land
nothing practical has been accomph he'd m TINS
respect one great uric't IN 'hr dsNt>~hl'It '"> L.
their failure to reach personal property, thereby
inuo>iu. an undue proportion OF the burden cl taxa
lion on the owners of real estate. The reduction I'D
the rate of taxation for state purposes affords hrt
moderate relief to the lous->uiciiuc taxpayer, for
the reason tina. much tu' larger proportion OF taxa
ton results from cNpeuWiurys made ny cry
village or county a. thoHile-; AMI IN many I0cat-
ties the rate of taxation C0uS' Quent upon large Local
Indebtedness such t. render the condition O! the
land-ovucr extremely un ortuudte
Until some comprehensive ami Wacucan!e meas
ure be- maiu!ed. aud embodied IN the statutes OF
The state dl,tIibutnu the expenses OF 20, ernulent
both local aud general laIti} ana equtaby among
all property owners the issue Will stlI remain and
be pressed Tor solution Oh The aN-naklu1 al hOUtl
OF the State. (Ou attention - earnestly directed
IL this III ct, as lh' H'I u, e OF 'H' 'e''lo ue-
msnds IN he hoe and rrilrt that NoU wisdom
will bc equal 10 Tia requirements of t,c case.
A. "a means of RELIEVING. 10 some exon. ordinary
faXpayer, from the cNgeuscS of the STATE govern
ment laws were enac co during he last two years
for ,ueciaI taxes corporations. some imperIcc-
lions m the teru, of these laws nave prevented the
ACCOMPLISHMENT Oi ali that was designed, bat the
Trsut, 80 ian realized h. been S..,n a~ 10 convince
lie practical observer that something sui NOR. el
fe i've and desirable can be reached 10y jualclous
amendment OF existing acts. during the last Hscal
year tie OF $992,12J 10 was received and paid
into the State Treasury under the operation Of
these laws, M addition 10 $l4l ~ 80 collected
dur Ii th. pItc' ding fist year. lie Co-hohC
viii furnish suggestions based ON the experience ol
administering these special laws. that Will doubt
les aid you III framing tn" necessary amendments.
CANALS.
The limited movement OF grain pIoiucs, and I'M
usual competition between the trauk lines of rail
WAY duuug thc past season, have largely reduced
the vou.nc of traffic the canals. whose revenues
have suffered corresponding reduction. During
the calendar wear l~N0 the total numb Of tons
r'nvef WA, Il tj7 G5G while Cor the wear 1N~1 tl.
= Nh "a ll~, Ana frat
The current wear oi l,2NI, lJl ions. Furthermore
caIfal fr-Ig.its have been lower than ID any pre-
yious year. tine average for the sea 'n, from Buffalo
10 tlde-"aior, "a~. ioi Whoa ~ 100 cents peg
bushei aud Tor corn. 37-lDj cents per bUshc.
After lie jucing the tolls. at 3-Ioo cents per
bushe fOI wheat and HB-IOO cents iuT conn., the
above rates Melted tbs carrier Lui - - per ton;
and during portion Of he season only "0Il cents
Der ton from lIutalo to NJ York, distance OF
nearly 800 m.l.- The movement Oi wcs'-bouui
traffic for $50 was l,5lS2HO tons, aud ~ lh0I
I3GJ1lN tons: shounga decrease oi To-, S72 tons
iii year. notwithstanding the removal % tolls on
this of traffic
The revenues Of the canals for the year ended
September 80. 1881, were IS follows:
Tolls SlOj32 %
Rem Of surplus water.......-........-... LOO %
miscellaneous OI1' DO
Total s,I-2Gl 81
Totai expcnd inrc, Tor collection slperln.
tendence and ordinary repairs -..--. Fl.o239J7 O6
Expenditure. In excess %. revenue. F2o56i2 -
This d .tciency / revenue was supplied from the
fund for extraordinary repairs. IN pursuance Of SEC
lion = Ot chapter 449 Laws OF 1881.
The sun OF SSlS.2Gi 81 (thr gross income of the
last fiscal wear, under tir cons UulOudl restriction,
will be the limit of mixtures for The current lis
cal year which viii end September 30, lsS4. Bat
the estim4tcd receipts from tolls Will aggregate
only 500 900, LEAVING deficiency If $4,000 IN
revenue 10 meet the ordinary repair appropriation
for the same year. THIS deficiency can be supplied
In the same manner a. last wear, by contingent
appropriation from the extraordinary repair fund,
OF which there is LETT inappropriate about
100000.
collection of tolls superintendent aud ordinary L.
pans Tor the last fiscal year were SlJl,s3l - III
excess of the preceding wear All ol TINS amount
and considerable sum III addition was "Hpcndedtor
necessary wOT& which had been a'Odably pos
poned III consequence of the diu Ishcl revenues OF
the years 1873 and 1873; ana or material 10 DE
used for repairs hereafter. The necessity for the
purchase and accumulation OF material loI hNt III
succeeding ycaIs Il due tOtbe constitutional festllc-
non whlcn limits The expenditures one year
10 the amount OF gro~, income of the previous year
This safeguard l. fully Justified IN view OF the less
ened revenues Ui the cducHt year. ana the pros
poct Oi stu greater reduction "l lhcpuci Tor theA veal
10 come.
j tue revenues for the current fiscal year, endi
Sep eInUer 80, 1857, do MOI exceed the foregoing
estimate of TG4 1000 then that amount Will bee the
limit toT ne ca uGiuIc, Tor lac fiscal year ending
September 80, 3Ie-aIdIeas OF the actual revenue
for taf year unless, ~ meantime, the touetI-
tulIon be amended. Tins sum seems altogether IN
snficient for years maintenance.
There should have been contributed nom me
revenues the last fiscal year 20 me ihe c"ii-tl-
4utioual Tcq iremcts for deficiency 10 the 0luhiAG
Fund
Interest on canal debt Si3@ SOP ~
For the sinking tuLd @'uVJ' "'
Total not realized. ACKNOWLEDGEMENTS. 7J-o'O- 90
Add Tor LsAcIeLcy Ia TIA OF 4ooJ.---... 4"cO' %
Add iOI interest Oh t-trc "e".ItH'ios . .....-
until same can be realized nom taxes e"4"' 90
Total amount TO be supplied by tax. Sl,o8Gl5G ca