New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-03-20
MERCHANTS OPPOSE BILLS.
PROTESTING AGAINST PROPOSED 1AA-
ALTON
A COMMITTEE WILL co TO ALBANY-REsol

A COMMITTEE WILL GO TO ALBANf-hEsol'o-
TIoNs PASSED.
The drygoods trade of the city OF New-iork heia :"
wclLattcndcd and representative meeting IN the NUT
chants Club, In Leonard St. yesterday airhVo", "
protest against the Tax bills now pending Ill tnc LIZ
stature These are the Linsoa BILL introduced III inc
senate which forbds an allowance or dcdue'ioh Ho"'
taxable values of Just debts owing; the erect Vi
this i, TO Law tax on all debts and bills pyaDe' d.
we'll as on property actually owned ana IN hiHu' anu
the Listing bills pending both In tho senate anu
Assembly, which contain very stringent p'V'''o'''
compelling the annual filing by all taNaDic Pc'So''
firms and corporations Of specific and leinZco III
ventory o. every article of real and PERSONAL prop
erty and also full itemzed statement Of every dcbt
dine ana The name residence and place OF business
Of very person or persons to whom the deDtS arc y"
ing. Among the firms represented al the "oou"s
were II. +. Clanin co.: Durham. Buckley w.
Teni Weller ~ Co.; Sweester, Pembroke d oo'' Lcc'
Twecdy & Co.: Mills d Gibbs; +. ;. Jallray d o.
Bliss FabyGn d Co.; Calhoun. Robbins a Co., ""'u''
a Co.; W q. Hitchcock a Co.; JOY, Lansdon ~ CO.
4 d. Juillard 81 co.: Lawrence d CO.; Lawrence
TAYLOR a CO.: Minot Hooper q Co.: Porter BrCthci9
d co.: william simpson Sons AZ Co.. smith, Hoea "
Gardner: Townsend a Yale; Whiting ~ Collins "N"'
man IL Phelps: Whit, PaysOn az Co.. H. herI"'"
Stcrnbach q Go. Members of all the drygoodS anu
commission firms in the trade were present. anu IL
ever held in the city of Ncw-lork. ,
Colonel William l.. strong presided and William f.
King was appointed secretary Of the mcctlhs' i"u
following resolution, were moved by Jshn Ca'n' anu
seconded by Charles 5 smith, president OF the ChaDci
Of Commerce, and passed unanimously
That the sO-callcd Listing bills now pehulnS ~,
tho IsgiSIoture of this state are wholly ohnoA-Du'
10 the industrial commercial, trading ana maluaoO
III rbat their provisions are inquisitolla complicated
and oncrous. AID accompanied WIN suGh u'u '.,
and harsh prnaltlcS that capital. industrial anu Hin
ufactiiring enterprise, and commercial uue,la
would be embarrassed or driven n Ci M: t6 pro
fc,sional, agricultural and real estate a., ,,,o
That thcss proposed measures ar whoN inrson o
That a new or radically different method Of taxation
Ice attempted until the whole question shall have
been fully pre- cnted TO and investigated ana cOh,ldcr'
H.. tho State and composed OF the wi>r,t aud most
experienced citizens representing AL the great asl
cultural. commercial and manufacturing interest "
In his speech in support of the resolutions Mr.
Smith said
rh, bin ought to be entitled bill to drive away
commerce from tho Citv Of Ncw-NOlk, 70 reduce our
commercial supremacy very largely from lts present.
standing and to encouaSe perjury. lAppfGu,e., ~ ~
my experience against the commercial Interests 81 ms
civ ana stat. We cannot have any secrets at all
Every holy who took the pains Of getting at tn return,
under mi, law would know Just what you and
held In every corporation Of me county Ju,t eAaC ts
most rdicnlons exposure Of private affairs Known
perfectly uubearabIc. not to be considered az
all Applause)
Mr. King read letters from Edmund d. Randolph.
president Of the Continental National Bank. and from
william f. Dodge both Of whom found II impossible to
attend the meeting. Mr. Randolph said OF course.
ION I'm the unanimous dcnunciation Of the pending
bills which are to come up for consideration. and
would merely point ont one most important feature
which La, been sneuarly overlooked by the news
papers and TO which see no aIsi0n In the document
which you send. which is that. given date return
+, 10 be made Of the amount Of cash on deposit IN
hanks, ETC. for individual taxation, which. II j. oh
vious. would inevitably lead t. enormous Withdrawals
Of such deposits In anticipation Of such date, and
Mr. Dodge wrote Both of the bills especially referred
10 in your call are OF the most objectionable ard
dangerous kind They are unfair and nqniGitorial III
immediate result would De To drive very large quantities
OK private aud corporate property ont Of the city TO
reduce the volume Of business and to cripple all the
Henry G. Robinson Of Potter Brothers 4 Co.. made
strong and much appianded speech.
Clarence W. Bowen spoke in favor Of appointing
committee to to Albany and said that the proposed
bills affected the poor man as well as the rich.
The following men, were appointed Is committee
10 20 10 Albany on Wednesday next Il IA hearing be-
lam l.. strong. John Clahin, W. f. Ietft. James II
Durham. J. Howard aweetSer. William +; hing
g. II. webb. z. +. HI,,. ;, - Milscn. TillsG Bar
bour John y. Beach, George l.. Whitman ti3lc.' y
Bacon T.. : .Iafiay, Ralph ID. Gutter, william H.
lenbrOke John W. FIaley. John GibG ~ d. JLIih3tl'
;. W Fay, James Taeott Peter W9 rI ana MI
ON motion Of Walter stanton, committee con
sstug Of the six irst-namcd members Of the .Nbiny
committee. who were the sIsners Of the call for tAe
hun to work with the dry goods men against the blll,
and coprs Of the resolutions will be sent TO all cx-
changes and commercial bodies In the state ana Guy
doing business In the state. Arrangements have been
made for sending 10000 Of the circulars throughout
the state.