New-York tribune., 1891-10-14


made many recommendations Of great intelhsenee anu
value these recommendations were allowed 10 ia
salow by Democrats. In 1882 the Lcgeoturc was
Democratic in both houses. and Mr. Benedict dd INTRO
duce bill taxing collateral nhertances. The bill now
ever failed. In 1883 both branches OF the Leslss"ne
were Democratic, the Governor Democratic ana
1 not mistaken, IL was again Mr. Benedict VINO III
tIoduccd this Collateral Inheritance Tax D' p"'
the Democratic Legislature passed it through ou' ono
branch, the Lower House. 1t was not uhti oens'oI ~
Nedder took up the in the Republican IeSs''uio
Of 1884 that 1t passed and the only 'rot %
Hill is entitled in the premises Is that ne u'u ho' w
this bill he has many other eNceieh' measures
calculated to relieve the people.
The Direct Inheritance Tax act, now law was rec
commended by Governor nm in 1890. ms j ho' W ",o
first suggestion Of a direct inheritance ~N sc' ny W
whes, there discussion in the senate when the NO
bnl was up in 1884 urged Nedder to prepare '
act which should all nheritances that Is IN cases "
large estates In $780, the same year that "oNeinO,
Hill suggested the direct tax act had the honor ~
pleasure Of introducing bill for such purpose 80 "'
80 far suggesting the idea is concerned the
Senator must be content 10 divide the honors
with his fellow townsman The iact remains w.,
the man who actually secured the passage VI 80
bill was the Hon Commodore Perry Neider h'p"o"
can. The Incorporation Tax act. or OfRamA"'ol ,
act the Governor does not consider worth even OF
notice. the Information OF the citizens VI Wv WV
S,a,a vho ara interested desire call attention 10 he
following significant figures:
TOTAL INCOME FROM THE ACTS.
r,o,, tho Collateral Inheritance Tax law. there was
realized in FIVE years s3 575 250 9s and the e'mse Vi ~
productiyeneSs this year 1 have alcaoS PNe"' E
rect Inheritance Tax law the credit ior "nvh Is u"
the man who secured enactment Senator Neduef, VIII
,rodues this year. according TO the estimate OF ue penV
cratic Controller So 10000. The eigsn'auoh 'aN-
which the Governor fails to mention has proouccN III Din
wears including the estimate made by the Cooher o
This YEAR 81 1O6 sO4 co. The grand total OF the lncome
s.d tro,r these great Republican since their
attachment in round numbers has been S@3OOOooo l"
this connection, although notice that the UoNehor va"
very hasty ~ call me TO account Tor aIeseu m's
statements and / challenge the most thorough inVest
saton OF everything have said. the Governor
foroe, IN correct me for misstatement, Tor 10
confess to somehow became possessed "l'
the notion that Governor Hin was entitled TO Wha"Net
cred. there was to law taxing notsres putlc Oh
taking their commissions but investigation notive
this law went into effect in 1887 that in 1855 II was
introduced in the Assembly by Republican Charies T.
Baker and by Senator Comstock IN the senate anu e
income IN four years been ss9 1872 H. have been
waiting for three for the Governor to point ouI III!
inaccuracy in crediting with this reduction IN ne
tax 1ate but up this ame have waited m vain.
In the light Of figures and these facts whet
becomes Of Governor Hill's claim that the DehoetS"o
Assembly ,s entitled TO all the credit for a low tax
levy1 They had absolutely nothing whatever 70 uo
with the change in any Of the factors entering hVo o
causes for low tax levy. They dd not mshe, NOV
the amount Of wealth Of they Appropriated more
money than the Senate, and therefore oio ho' hA'
second the amount money TO Re raisca thhe- 'ne!
did not create a single source of income
Mr. Fassett then showed what friend OF the
workingmen he had been as Senator passing
three important bills in their interest. lie SAID
Governor Hin his speech at the Cooper Institute au
that had never passed bill in the interest oil WoAhs
nen Either the Governor doesn't 5ell the truth OF ne
doesn't know what the iocts. Potess ohhIes a.
Collin at INV suggestion and under guidance ofaVeu
prison labor and put into that bill features WCh he
not previously in any other Law" Inc ehei Ie"Vu'
NJ that hill WAS that reduced the competition oil PRISON
labor with outside labor TO point pcT cent less ' ~
had ever been before in the history OF the SVsVe sV
nil was perfectly satisfactory 70 the REPRESENTATIVES O Or
rani,.d labor So when Governor Hill said that had no
more 10 do with that bill than the Gar oil hussa IL wac
perhaps, a slip OF the tongue. Now 'n.nA l
have a Joke on the Governor In mat respect ioi
Chapter 32s Of the laws Of 1884 is mine II is
Ia. which makes empoyes in all the first preferred
creditors in oil eases the first preferred Cedlors n he
full amount Of due at the time oil inc assign
uent / had some curiosity the other day to nave csu
mated for me how much money that had saved 70 t'e
,,o,Emen Of this state ond l learned that in eight
Years IT. has saved So 100000 in cold cash and yeo GOV
crnor Hill says that had nothing to DO with anything Out
the Prison bill.
Then again in 1885 another bill passed by the
Iec,sla,re and became law 1t Is Chrpter 335; 1t is
law generally known the Mechanics Lien Law FFc'
vious year. 1885, the Mechanics Lien La" was o
effective Under it worngmcn could not get their wage
When YOUR employer failed and you undertook poeetUbs
vol Aid not get your money. Since 1883 the Mechanics
Lien Law been great source OF protection 10 inc
workingmen and artisans Though ue StSVe' lo'
L
hill has done the people OF the State but L nave
.d IL estimated by an expert who placed the amount be
tween seven millions and eight millions OF dollars ye'
Governor Hill says that am the enemy oi lapof' "oN
ernor Hill himself introduced any bill IN the interest
Of labor neither did MIR. Sheehan, and VIII challenge
the entire Democratic Of candidates to point 10 any
bin which was worth the little finger o either one OF THESE
hills have been looking through the labor measures
and cannot and much beneficial law or measure
which was introduced by any one but RepuOi'Si'S
THE DIRECT TAX REFUND.
Now inst word about this question Of the Direct Tax
refund The law of this directs state Treasurer
Danforth put 200 900 in proper banks III Albany
and New.York highest possible rate Of interest
asked Mr. panfoth about this in Poughkeepsie
/ said / understood that he had loaned it out al l.
2 and per Since that time he tells you anu 'ne
loaned all out at per cent He Gays ne wac
suted because asked such question. notice that he
has not answered all Of my questions. asked him what
effort he had made get more than 2 per cent He
his reply, which did not reply that 10 was suO!e
TO be checked at any time, ana was earning SEN"
annually per cent at compound interest Ohtll eiOef
October l. 1892, that money is stationary depoSiN
Nearly year and eight months is at Interest IL can
be removed the banks it is now In only by the "mh
OF the state Treasury for the purpose OF changing uos
tories There direction in which can be EXPENDED
under the State Constitution without appropriation Dill
passed by the Legislature signed by the Governor Oh the
warrant the Treasury, that part OF Mr. Dahorth
oxplanation was calculated IN deceive the people
Nav then what effort did H. make TO set more than
ner centY asked IL he had advertised for bids
There are two hundred and nifty banks and bankers IN
x.wyork CITY and last winter
,oa nv one OF the responsible bankers in NewIork
that twenty-five banks in that city would have given
bands and securities 100000 each ana paid per
cent il they could have had the chance to get that
so 200 900 Now there sum Of money lost TO you
AID to me- loss nineteen nonhs' interest at per
cent on S. 0oo That is fair specimen Of Democratic
housekeeping Now, ask M Denforth IL any Of that
money to certsn oepositores with the under
standing they should suble it 10 other banks, with
the that the other banks u get II at
very low rate OF interest want 10 ask STATE Treasurer
Danforth he is not the president Of bank which has
SAG 900 deposited OF State moneys which he himself
keeps there and which ne threatened TO take away from
there unless they elected him president Of The bank
which thev did That IL fair question Mr.. DanfOIh