New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-12-09
TAXATION IN NEW-JERSEY.
A QUESTION WHICH WILL COME UP BEFORE

A QUESTION WHICH WILL COME UP BEFORE
THE Observation-Disclosures IN THE STATE.
Trenton, NJ j., Dec. 8.-Thcre will he legislation
the state tax matter during the approaching egs
latve session, or at least, earnest attempt in that
direction. The state now gets its money for govern
ment from the railroads and other corporations, the
railroads paying by far the greater share The rail
roads assessed at pretty nearly their full value
but are taxed at a lower than other properly.
The state takes the bulk of the tax, but portion is
handed over to the municipalities according 70 the
amount OF railroad property in their bounds. The
peculiarly of the system Is due to the early eNeop
lions made to encourage railroad building half a
century ago. These exemptions established contracts
between the State and the railroads TO which the
companies chung pertinaclOusly until the law Of
1854 was passed. Since then they have gradually
abandoned their position In this respect. far as
practical action has been concerned, although striving
10 maintain the theory. The act of 1854 went as
tar as feasible at that time In view of the great
power Of the railroads and the then existing public
sentiment. 1t is claimed tina; now the time ma. come
for another step. 1t IS desired the one side 10
place the railroads upon the basis other prop.
ery in regard to taxation the locality to receive
the full tax upon railroad properly within IT. limits,
and TO support eiate government ny general SldL'
TAX. Justice TO all sections demands this 1t asserted
and numerous arguments are advanced In it, behalf
On the other hand. IL IS alleged that the existing
method Of corporation TAXATION While pecuhlI ana
Theoretically imperfect. produces the best atan1b'c
result, in actua4 practice. and that 1t would be adj
Visable to " let we'll enough alCne' Meanwhile IT
is apparent that there Will be need of greater economy
OF increase in the STATE income. Receipts
have been fainl. behind expenditures. and the pros.
pect OF getting Is considerable sum from 'he Morris
and Essex Railroad for rack taxes + the chief reason
for the hope that general state tax may Dc avoided
next year
The Morris and Essex tax IS being argued
before the arbitiaiOrs In Jersey City. The Sratc's
counsel Mr.. Gumncre. eNpect' TO finish hl> argument
tomorrow The time Is large consumed IL. question;
asked by the arbitrator. ~ Governor Belle Will
occupy not less uan week in his address on
behalf of the road, and week more may suffice for
other proceedings. This would bring the matter up
10 the first of the year. final decision |. there
fore. to he expected IN February or early March al
the latest. There is hardly any doubt OF an agree
mcnt and the best gues>ea arr that 'he result viii
be an award Of $500 900 100000 to the state
Tn. Legislature Will meet u month, and tLc usual
prel arations are be mg made Ia the way of bills.
senator NeVius il TO be President of Ike senate. AMI
Asscmblyman Hoppe nheimer speaker Of the House
II the New-YOrk merchants below FOurteenth-st
realized with what stued care al persons ling the
city from or through NeW-Jersey> avoid The lower
ferries aud give their patronage uptown. they would
insist upon having est-St bridgrd over and tho
sidewalks reapred and cleaned I'm the streets leading
q Broadway.