New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-01-13
INTERESTS OF NEW-JERSEY.
REVIEWED AND DISCUSSED IN TIE GOV
ERNOR'S ANNUAL MESSAGE.
FINANCIAL CONDITION OF THE sTATE-TAX RE
FoRM-RIrARIAN LANDs-AGRCULTURE
TIE PUBLIC sCHooLs-IHE CO.

FOFAM-RlfARlAN LANDS-AGNCULTURE
TIE PUBLIC sCHooLs-THE co.
lumbar EXHIBITION.
Trenton, y. j., Jan. 12.-In his second annual
message delivered to the Legislature today Governor
Albeit cDncraulates the people upon the excellent
financial condition OF the State, and upon the important
public works that have been cxecqed at the cap,ta
without adding taxation. Under the liberal laws Of
the stale he says many new corporations have been
created. largely increasing the receipts from fees for
fling certificates and the of tax PAYABLE by
miscellaneous corporations. The railroad and mis-
cella3eOus tax acts Of 1S54 and their several supple
Inents and the practical and efficient administration Of
these laws. have increased the revenues sufficient to
meet the expenditures rendered necessary bv the rapidly
growing popullticn 81 the state and its increasing
needs With all the work that has been accomplished
no new tax Las been levied upon any corporation
the people still continue free FROM the imposition Of
any direct state tax for governmental purposes. In
view OF this excellent condition Of state affairs. the
Governor does not feel called upon to ask the Legs
lature for any additional tax either corporate in
dvitual for the ordinary expenses Of the State govern
ment. He renews his recommendation to the Legs
lature that making appropriations they provide in
the act for the of ont Of which the
shall DC paid
RECEIPTS AND EXPENDITURES.
During the last fiscal year" says the Governor
The entire floating debt Of OOO, which existed at
the beginning my administration. fully paid of
s.ad discharged and over $4,000 paid TO. interest
tleIcon over SOD 900 las expended for obtaining
title the camp ground at sea Grit which taken
under condemnation proceedings instituted under acts
OF loes and 1850. Payments have been made for the
Home for disabled Soldiers, the state Lunac Asylum
the Agricultural Experiment station and otter pur
poses. amounting to over $4,000. over $4,000 was
spent TO enlarge and rebuild the Assembly Chamber
1000 OF the public debt has been paid over S4 900
has been loaned to the sinking fInd. and alterations
tI,oS tof,I Ntfsn
which nearly $4,000 has been eXPonded The total
special appropriations and extraordinary Let disburse
mens including the temporary loans paid and amounts
maid for expenses incurred In fiscal year ending &C
tober 81 1880, amt int to s9+o3 So. The total
ordinary net Disbursements. properly ciargcabe to The
last fiscal year, amount TO 81 .2!2.612 "a, making
total Of 81. The total ordinary receipts were
S1747. 500 13. The total net receipts, including S}s3
81 80. money received from the United states. which
makes total Of 2130.423 96. Tile fiscal year closed
with balance in bank 10 State fund account OF S4o2
lGs 96. The OF s3s2.6'4 SO was collected from
Lie United states without the payment OF any COM
mission or charge therefor. The state received and
rc,aned for its use evey dollar paid by the National
Government The charges made for such collections
and paid By other States would have largely depleted
tbs fund
The state Fund received during the fiscal year from
the TAX on railroad corporations. @1oi6o35 10 from
tax on miscellaneous corporations, S4O5,0s 9S from
Court Pardons clerk Court o. nd Appeals.
prerogative Court and Comm Insurance
Commissioner OF Banking, from oupcrlh
tendent OF Vital Statistics. lOf -; filing articles
Of interpretations etc. sol 479 20; c insurance com
NAMES OF other states S6,6l6 90; prison receipts
thirteen months SO. SEQ 81 riparian lands, $40
$50 - judicial fees ga 9j2 81 interest and dlv
cends $3.50 fines S112 90 proceeds OF escheatS
500 40 and fees of commissioners, 2ji5. The dis
bursemenis include these items: Usual disbursements
for fiscal year ending october 81 1891, Sl:1:6l. ~
spccia! appropriations paid, s13G.73 So amount paid
for expenses incurred in previous fiscal year. $50
393 30 temporary loans paid and interest thereon
S41o,23O 16: paid debt and loaned sinking
fund s131 1857. and othe- expenditures. sl'46'1 ID
The Governor estimates that the ordinary receipts
on state account for the fiscal year ending october
81 lsO2, will, in all probability, be equal 10 those
received during the preceding fiscal year. There may
however be dininution in Of the usual sources
Of revenue and II would therefore not be safe to act
uion basis total ordinary receipts OF over fl'po
900 This will leave a bal.l"e over ordinary State
.Nrsuses fer 1892, which he used To meet appr'
pations heretofore made b, the Legislature and iof
which no other source Of reyAnuc has been provided
The total amount Of the school Fund October 81
,so1 wos 81 79G. 4O2 %. IN addition 10 the above
,berc is due SIS Interest securities, and for rentals
under riparian leases, Sloo, S30 30.
The sinking Fund account has been transferred 10
tho state Treasurer the act Of March H. 10"i
rl.s transfer was made at the expiration Of the term
If Office Of the old sinking Fund Commissioners fof
the purpose OF saving the expense attendant on 'hs
Board Under this act the state "rasurer PERFORMS
lie duties Of ;he old Board without compensation
The report OF the late Commissioner OF the ainlhg
Fund shows assets on october 81 1890, Of S533'
IO7 o. The treasurer reports that the assets OF the
fund at the Of the fiscal year, October 81, 19Sl
were Sj35, 63G 50.
TAX III FORM.
The Tax Commissioners have, says the Governor
.loir duty md
eral satisfaction to the people. Il have no donb''
he continues but that their efforts will result IN
substantial improvements in the methods of taxation
that equality in assessments VIII be established
There are certain recommendations made by the com
Inissioners which should receive the careful attention
of the Legislature in order determine the wisdom Of
the adoption Of any all Of them. The main recon-
mendatiOns are a. follows Hrst-COmpclng asSessors
obey The by penalties OF removal and forfeiture
with increased pay Of in townships under
10000 Inhabitants. secondly making the time for
and lien on he properly, uniform in ali taxing dis
trcts' aud giving each taxpayer ample opportunity 70
how the assessments made. for the pun pos
of furnishing evidence for an appeal III case OF unjust
taxation Third Redraftlug the law covering cNenp
tons, and limiting the exemptions 10 those fGnn9eo
upon good reasons ara public policy; fourth-ixiing
ta1-rate which shall not be exceeded In any taxing
district. Ffth-Iequiring all assessments on LANDS
and improvements 10 be made scpar'ely In municipal
tiles OF over 5000 inhabitants. SiXth-Giving the
state Board OF Taxation power 10 Increase individual
assessments. , seventh-Kequiring all Incorporated
companies In the state, OH demand 10 file with the
state BOarl OF Taxation list OF their shareholders
with the addresses and req6rng the said corporations
to pay the tax on such shares as are held by
residents OF the State OF jersey thus increasing
the amount OF tax derived from Invisible personal
property Elghth-No deduction for individual debts
except from the assessed value Of personal property
" AS the great burden upon the citizens comes from
municipal TAXATION, the Legislature should endcavor
TO ma some nethOd winch Will render 1t impossible
for extravaganza. incapacity fraud to Impose I'M
necessary burdens upon the taxpayers the nunci-
palltics. In the absence OF better method I
nrge upon the Legislature the passage Of a general
act limiting the tax rate in cities and towns and II
deemed wise. In other localities, by fixing a percent
axe npOn the ratabes, beyond which il suall be I'M
lawful to 90.