New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-02-01
LEGISLATION At TRENTON.
VARIOUS PHASES OF TAXATION.

THE REAL ESTATE OF OBSERVATION-DISCLOSURES AND
NATURALIZATION
lFRoM THE REGULAR CORRESPONDENT OF THE
TRENTON Jan. 31.-The Assembly had tit
on raroad taxation this morning On the second y Oh
the session. Mr. Cole, Of Hudson introduced niii oe
carng that the real estate of corporations sna DC
in the same basis as other real estate II was sent to the
Committee on Railroad and Canals; and there IL mas
since reposed. This morning Mr. Cole moved that the
b he placed on the calendar 1t had remained III com
mittee beyond the INIT of ten days fixed by the rules OF
the House Mr. 6 wage, the committee chairman, pro-
tested that there no intention to delay the Dill I'M
properly but that CoranG Parker OF Newark decior
in the Erie Railway Company, had asked 10 DC
heard against the bin, but had been unable
to be present at the time fixed. Mr. savage also
said the Special Committee Corporation Iaxes was
considering this subject md would be prepared 10
present satisfactory measure. Mr. Savage was all the
more earnest IN his remarks because he dd not ueSe 10
inconvenience his old precepor at law MT Parker Inc
bill was placed on the calendar and viii conc up IN due
time.
IT is enc Of numerous class, proposing VIGOROUSLY
ineffective measures which the AFFECT servant OF
the CORPORATIONS in the Assembly feels perfectly Justified
in supporting with all his vlgor By judciously temper
ing his aniposty to measures OF real IOrance with adj
yoeacv OF bills known to be defective the average Demo-
cratic member hopes to keep square WITH MS CONSTITUENCIES
and receive the appreciation Of the railroad men, who own
the tracks is cy such pretences that the genuine cause
of reform in railroad taxation has been defeated from
year to year. The remarkably varied opinion on
the subject Of corporation taxation prevailing in
the Assembly is shown ny bills Nos.
1877 end 1885, The former proposes to tax all corporations
except steam railroads at the rate OF two per cent on
their total gross earnings The second provides that they
shall taxed at per cent on their gr0s earnings l
New-Jerscy. The difference is matter OF million dol
lars or thereabOutS -,
The Assembly passed bill to give to the remen Of the
state the privileges Of tax exemption that are en-
loved by members OF the National Guard Ilere Is also
bill before the House 10 exempt property 10 the value OF
5000 for each person taxation where the total N9
alton in sch ease docs not exceed that amount senate
bill proposes TO exempt manufacturing corporations from
taxaion above per cent after vote affirming 1t has
been cast ~ the people. Othcr measures OF similar nG
ure are coming in from day 10 day.
MI Neighbour introduced bill to appropriate S55S 70
TO pay the clerk ire and EXPENSES OF the special com
ittee appointed last year 10 investigate riparian rights
Governor Ludlow refused last summer 10 approve biiis
presented ~ tas and other committees, on cconOmca
grounds and recourse 20 legislation was necessary.
Another unsuccessful attempt was made to-day TO pass
bill authorizing the compromise OF past due taxes IL
failed hv vote of 10 10 80. and strong sentiment was
manifested against Gny effort nvadate the assets OF
the various communities by such action.
Joint resolution petiti,Dng Congress 10 pass National
divorce act reported adversely and indefinitely post
pOned. Since The tariff debate the Democrats have
adopted a policy " opposing any resolutions or blils
Touching Iu0n National topics Another effect or the
tariff discussion proposition to amend the rules so
that members SHAH not have the privilege OF explaining
their votes. This matter postponed for day, under
the rules and will be bitterly opposed unjust and
4Iaf .ta nf fllN unrffy