New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-03-05
TAXATION IN NEW-JERSEK.
A SETBACK FOR GOVERNOR ALBEIT.

THE CORPORATION TAX BILL RECONsiDERED AND
RFCssT.
(FRoN THE REGULAR CORRESPONDENT OF THE 1RiHUNE'I
TRENTON, March 4.-The Assembly and the
advocates OF the Albeit OF corporation taxation
executed somersaut this morning with an agility that
calls forth The enthusiasm OF all lovers or legislative ac
robatics They reconsdercd their unanimous action on
Assembly BIZ No 3d. the bill presented by the special
committee ana proceeded to amend 1t back into some
thing near It's original shape, and then made 1t the
special order for afternoon, when they prom
Ise 10 pass it, This reversal is due TO two causes Ihose
who forced the bill through And their constituents dstp
proving measure that would tax savings banks drive
ont local corporations and the tax rate IN Clues
They also find that some who would have aided In an at
tempt to pass reasonable bill through the Senate coldy
withdraw saying that it useless to assist men WHO
demanded sueh an act as the Albeit scheme proposed
Suspicion grew that the railroad corporations
had not Objected to the Albeit bill because they knew
the aasiest way defe reasonable measure Is 70 Sc
cnre the passage OF too rauical. The Assemblys
change of heart was directly due conference held at
midnight IN the rooms OF Assemblyman Fish, at
which Assemhlymen Pral Armstrong, Cole and others
present and there some free talk as 10 danger
Gus features OF Governors bill and the necessity or
saving the AssemDlys reputation by passing the com
mittee's measures. Assemblyman Armstrong reha0il-
tated the committees railroad tax bill this morning.
and with amendment, made necessary by the Tool
ish tinkering Assembly II stands good chance or
citing through in spite Of the Governor II
WILL at best, he difficult thing to pass the bill in the
Senate and the probabilities have been decreased Oy e
action Of the House.
prrA FOR THE IMPERIILFD SINKING FUND.
The Assembly has PASSED biz taking from the state
Sinking Fund the annual APPROPRIATION OF SloooOo ana
IL is now before Senate. James Wilson, the senior
Commissioner the Fund died few weeks ago. ana he
surviving Commissioner, Dr. j. L. B0clne' maze an
earnest but Intellectual protest against the bill while 1t
.,,o Governor
bat the Executive also approved the bill. Dr. bodne
vo the author OF the last report OF the Commission
which showed for the first time its true condition. most
la.aentable exhibit Of mismanasement by his pre-
iecessors II the bill passed the fund would receive
final blow. running beyond redemption In his inter
view with the Governor Dr. Bodias expressed his con-
vctiOus, and the request OF rhe Governor 7u'se-
etd in fbc measure and declares that 4 it becomes
law 10 resign. The Governor has taken no acuoh
n matter, and the bill lies IN the senate awaiting ls
consideration Dr. BOdine is probably the only COM
missioner the fund has ever had who fully compres
hendcd its needs The measure appears 10 De another OF
the Governors short cuts 10 prO>pery and ne seems
Indifferent the violation OF this sacred fund as ne Is
10 the principles OF the Cousi lt9uOh ana OF oI'lAIy
his corporation tax bills II IS source or salts
faction that IN Dr. iodine an oncal ha- oeen io'no
las had no hesitation in telling the Governor 1ne
solemn truth TO his face.
THE CONTROLLERsuP CAMPAIGN LAGG1NG.
The Democrats this morning proceeded to carry ont
the amusing programme for capturing the Controller
shin Andrew Jackson was first TO be nominated then
Ex-Governor Price. Senator Cochran and finally As
semblyman Connolly. The last-named shrewdly stipu-
lated should he the final candidate and helr ex-
pectant If nothing at all should he accomplished by his
ambitious predecessors. The caucus, however, con-
cIuded to postpone action until Thursday The scheme
il said to have originated with the Democratic state
Committee.
The Indefinitely postponed the bill creating an
department separate from the ONCE or Secf
tary The Assembly passed bill TO regulate
telegTaphlc providing that telegraph companies
shall charge for messages in one direction IMAM
they do for those another where the distance IS not
greater. the should become law IL would nave
Tie senate defeated AssembyInan Carkes bin regu-
lating practice OF dentistry and Mr. Pras hll regu-
lafin assessments The bill to prevent the spread or
CHAMBERS passed. and that for a nt township III
Huntington County lost. The bill TO pay the clerk
hire Of the Assembly riparian rights investigating com
mttee failed. and a reconsideration was refused Tue
Assembly defeated the bill 10 forbid deductions Tor IN
debtedness personal property in assessment re.
turns. after almost every member or the House had
wasted hi- elOquence upon It,
Enos g. Budd OF Morris County, was elected Assistant
Sergeant OF the Senate vice C. +. Hopkins,
resigned