New-York tribune., 1891-05-01

Rut tho Democrats were 'obdurate: they would
not permit the S2,20O,000 to be returned 70 thd
counties to which it belongs. 1t must lie idle In
the State Treasury for year. Fihaily, Lieutens
ant-Governor Jones came to the rescue OF the
Democratic obstructonists by ruling that it would
take O. two-thirds majority to amend the Dill ad
desired by the Republicans. They do not nave
that majority in the Senate, and, therefore, rea
luctantly abandoned the amendment Later oehS
ator Sloan offered tie bill for the return OF the
go 200, 900 to the several counties OF the ouH AZ
n separate measure. Mr.. Cantor, the Democratlo
leader. then objected to its being submitted or any
oction beinq taken upon it, 1t could not be acted
upon if there was single objection; so MI oloaiit
with much regret, gave up bis attempt to pass inc
bill.
Before the State Tax Levy bill was passed, Mr'
Sloan cave an exceedingly instructive commentary
upsp H. He said, in substance:
Mr. President: Every Senator here, presume1
knows that this bill passed the Assembly iasp
night. AID that Mr.. McCleand, the Democraud
leader in that body, very properly comnehteo
unon the fact that the State tax rate Is the iowese
in forty-sx years. ! think, however, that Sir,
NcClellands method of accounting for the low
rate WAS somewhat erroneous. Any one reading
his speech | am sure, would gain an liea thao
the Assembly is entitled to far more credlt ior
this reduction OF taxation than the Assembly ana
Sepat, combined are in my opinion, entitled to
receive for this reduction. i have looked over
the different items which 20 to make up our
appropriations ard our sources of revenue, apart
from direct taxation, and my conclusion IS thau
this reduction of taxation is due largely to the
increase OF the volume of receipts from the laws
taxing corporations and heirs, direct and lndlrec~
We have raised money for the support OF our
State Government for many years by direcc 'aAas
ton: but of late years large sums OF money pT
indirect taxation have been pouring INTO the
State Treasury, and now their volume has grown
so great that soon, it is palpable, we shall nou
need any direct taxes support the State Oovern@
ment =
"All of these laws for indirect taxation origis
mated with Republicans. 1t was Republican
Legislature and Republican Governor, Cornell,
who in 1881. passed the laws taxing corporations
1t was Republican Senator, Vedder, who waS
the author of the tax upon the organization os
corporations, and of the laws taxing dlrea an1
collateral heirs. 1t is these Repu9iican taAauoa a
laws which have mainly reduced direct state
taxation this year. This paper sent me Dy
Controller Wample to-day shows that he estimates
that the tax upon corporations win oriag al
ton of corporations 81 10000; and the TAX upon
inheritances 50, 100000. There is another ad-
vantage of these laws. They give the otate
steady income month by month Consequently
Controller Wemple says, we do not need 70 reteia
in the State Treasury, as we nave lor @h Seara
back a surplus of 81 ,0OOOOO. "
Now about the appropriations TINS year; 40
not think il fair for the Democrats to say that the
Assembly has been the most economlcal OF the
two branches OF the legislature. If the corre-
snondcnts of the newspapers Will vlsit the rooms OK
The Senate Finance Committee, they Will lind there
n hio bundle of Assembly appropriation bills when
viii neyer more see the light OF day. The Repub-
iiean Senate has been by far the more economical
Of the two bodies
. BEFORE close my. speech. must express my
oreat regret that have not returned to the coun-
ties tho 50 200 900 which obtained from tho
Republican Congress and the Republican President.
Controller Wempe states in letter to me that ths
80 .20O. 900 is not needed by the State treasury.
Why then should not that money go back TO the
counties which gave it?"
"You should have introduced your bill to give
back this money to the State taxpayers over
two weeks ago" said Mr. Cantor.
81 intended doing So replied Mr.. Sloan; "ouo
| was prevented from doing so by the oDstrucuVe
tactics Of the Democrats in opposing the u.nnat
Investigation resolution. Here is over TWO min9nt
OF money which belongs TO the people OF .hiS
State. and vet YOU refuse 10 give 10 20 them
Well there is too little time 20 CONSIDER u
what purpose we should eNpend this money,
said Mr Cantor. Some think IL should oe eA"
pended npOn the States roads. ~ c
aThe hest way to use II, rephed M ooan'
ais TO give il back 20 the taxpayers. NJ d.
This ended the debate and the STATE lax ha'o
bin was then passed by unanimous No~'
TO SIGN THE UNIVERSITY EXTENSION BILL
TO-DAY
Albany April 30 CspeeisD.- Hill this afArs
-, ,.sc~vrsh M~iyil DcWey. the SecgetaEy e 0Al