New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-04-11
THE NEW-JkRSEY LEGISLATURE.
MISCELLANEOUS CORPORATION TAXES.

MISCELLANEOUS CORPORATION TAXES
PROVISIONS OF THE BILL PASSED BY THE SENATE
THE CONTROLLERsHIP-CITY INTERESTS.
PROM THE REGULAR CORRESPONDENT oP THE TRIBUNE. J
TRENTON, April 1O.-The Senate this morn
ing passed the miscellaneous corporation tax bill by
vote Of Is g Senators Applegate and Youngblood In
the negative and Senator PancOast absent The bill as
passed provides OF two per cent the gross re-
cepts OF telegraph. telephone, cable electric light anc
express conpanies OF onehalf OF per cent the
gross receipts of each gas company and five per cent
upon the dividends OF four per cents OF eight
tenths OF per cent upon each pipe line company
upon such proportion OF It's gross receipts the length
Of its line in New Jersey bears to Its whole ine OF one
per the premiums of each fire insurance company;
of one per cent on the amount the surplus OF each State
life insurance cOmpany of two per cent each life In
company of other States except on industrial In
suIance premiums which snail be paid one per
cent dividends and claims paid 10 be deducted of two
per the gross receipts Of each palace car com
pany of one-enth OF per cent the capital stock
OF all other corporations excepting those engaged in
manufacturing mining, banking. and cemetery asso-
Citations charitable religious and educational lnst-
tons Returns 70 he made to the railroad assessors
and the he collected by them and the Controller
The act takes Immediately II will probably pro
duco IN income Of at least 100000 from the
companies named and something more from the In
Vulnerable companies incorI Grated under the liberal
laws of New-Jersey, but doing business In other states
sE~ATOR APPLEGATEs OBJECTIONS.
When the bill put TO the VOTE Senator APPLICABLE
OF Monmouth County, made terse and forcble argu-
mont against the principle OF the measure 1 cannot
lie said persuade myself that the principle involved in
this measure correct Its purpose is TO levy tax on
business regard property the true basis OF taxa
ton When you property You tax The wealth of the
community; you tax what ia tangible visible and Ger
tain; what ought to pay and what afford to pay Tax
business Sand you tax know not what Property Ia
the bone and muscle of the body polite and Is able 70
bear its burens business Is the brain and nerve the en-
ercv which calls it to action If you tax business you
tax It arbitrarily without knowing whether II Is capable
of sustaining the burden not Business Is only an
agency which industry employs In the production OF
property Tax that and you cripple it and limit tha pro-
duction Of property Such IL not oommendable state
polcv The bill taxes severely and 1t certainly is not
licensing: # Ia question whether 1t is taxation. 1t par
takes more OF the attributes OF robbery What have
oorpdations 10 incur the hostility OF legislation
Are they eeches and parasites on the body pohtlof Ii
they are you Will find this bill powerful exterminator
The difficulty with OF the schemes OF taxation thst
have been presented this winter Is that they contemplate
State tax by unequal taxation. The Governor ia the
very first breath his inaugural address declares that
the first principle of taxation Is equality And In the
very frat line of Administration bill No 253 he repud
ates equality by exemptng manufacturing corporations
Bill No 1913 likewise snubs equality by taxing fran
chses OF railroads and canals while the franchises OF
other corporations untaxed And now the present
hill No 37s dehes the principle by selecting cor
tain classes of corporations to pay state tax" Senator
Appegae referred TO the requirements OF the Four
teenh Amendment for equal taxation and said In con-
clusion: In this bill find few redeeming features 1t
IA radically unconstitutional in all Its parts 1t may be
pOpular bill but as the right of It that II quite another
thing ASH understand 1t cannot vote for the bill"
The Assembly tonight refused to in the Senate
amendments to Assembly bill No 37S, the Corporation
Tax BILL and Messrs Flynn 0Cennor, Savage, Burgess
and Rue were appointed Conference Committee on the
mart OF the House The Assembly adjourned until Mon
day night.
CONNOLLY AGAIN IN NOMINATION..
The Democratic to-day nominated Alderman
lanes F. Connolly for Controller once more. Ex-
Governor Rodman Price. who has had his ten days of
candidacy was retired and seemed perfectly contented
with the barren honors Mr. Connolly thus comes again
into the estate of which he deprived six weeks ago
whom the Democracy took an excursion rom us senses
and nominated half dozen OF it, faVore sons for the
COnrOershp IN on Just now Tong Con
Democracy knows, but lie VIII endeayor 10 be re-
pryiIeges OF the Democratic party in the office of Con-
trolcr hoping that another year viii enable him to OBJ
M nomination for him fourteen t IN months SsMnS ag9 bors s
has succeeded from time TO time In getting his friends
into peck of trouble In spite Of the Adermas ambi-
xnects 10 get the nomination next week, In which
there Will be war
JERSEY CITY OFFICIALS.
The story gained circulation to-day that under an act
nosed at h. session the Legislature in reference to
contracts between officers and cities the jersey City
officials had secured extension OF their terms for
years thus deprivng the Republicans OF the fruits OF
their victory Tuesday last IL appears that the city
counsel Senator Brnkerhof did obtain such an extern
sion but il was under act passed in 1882, and refer
ring only to the legal advisers OF the city and Mr.
Brnkerho states that the act passed this year has
bearing on the extension OF official terms
MISCELLANEOUS PROCEEDINGS.
Mr. FLYNN put a queer bill yesterday in tho Assembly.
Ostensy for the benefit OF cities IL enables railroad
TO change the grade Of streets to conform to the
grade OF It's track and apparently for the sole dvan
age of railroad corporations 1t was brought up this
,n.rning against the protest OF n number OF members,
who denounced corporation steal and who vanly
endeayored to have 1t put In It's proper place on the
calendar with 400 bills ahead OF It. MT Flynn and his
brethren succeeded In keeping II before the
House however and 1t hnally laid over till Monday
night. -,
mens was ordered third reading. after occupying
good share of the day. The Senate confirmed the Gov
ernor nomination Prosecutor and Judge In Somerset
County and then adjourned for the week.
TAKE THE ELEyAT0R.-lt is great mistake