New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-02-09
house for the said district. They may select such
site as seems most convenient
CONSIDERING TAXATION REFORM.
ARGUMENTS IN FAVOR OF THE COUNTY LOCAL
OPTION ELL.

ARGUMENTS IN FAVOR OF THE COUNTY LOCAL
OPTION ELL.
Albany Feb. s-A delegation OF tax reformers from
New York and Brooklyn appeared before the House
Committee Oh Taxation and Rotrcnohmen this after
noon TO speak IN favor Of the Farquhar Homc Rule
Taxation bill This measure applies the principle OF
local option To the raising OF county giving
each county the right to decide how 1t shall raise
taxes for local purposes. In the delegation the New
York state Tax Reform Assoc ation represented
by Bolton Hall and william f. Hicks. Of Ncw-York;
the Revenue Reform Club Of Brooklyn. by Thomas
&. Sherman. president. and Robert Baker, sec.c-
t:ry; the Young Mems Democratic Club OF Brook
Ign, by 4. l.. Sessions, president. and Charles orc.
Icnnessy. Mr. IIcnncssy spckc also for the build
ing and loan association interests Other members
Of The delegation A. Augustus Hcaly. Iloratio
Camps. Joseph Nc Guinness. Alfred J. Wolf Joseph j.
Lovoll, Thomas p. Ryan. i. +. Romainc, Frederick NJ
Smith, 4. NJ. Molina, William J. IIoran John II.
Blakency. c. E. EdG,rton and John Connolly sponsor
for the bill last year
Mr. sherman made an elaborate argument for the
bill lie said II should pass because II would oppose
| no local city Interest whatever. Business men,
said Mr. Shearman approve II because 1t relieves
business Of the cxactions OF personal property taxa
ton Real estate owners favor because lis tendency
TO add TO the prosperity Of the community would in
real estate values. No farmer can object to
the bill. Mr.. sherman argued, since 1t would not
reduce in any way the proportion OF the State tax
paid by New-Yori and Brooklyn. This proposition
would BE- affected by the Farquhar bill. Mr..
Sherman called attention 10 the fact that the
bill cnacts no change IN the tax laws. 1t simply
gives to each county the power 10 raise Its local
revenue in It's own way. Under this measure II Will
be necessary to the consent OF the county be-
fore any action is takcn
Mr.. Henncssy declared that the present system OF
taxation affecting the building and loan associations
Is a encouragement to thrift and home getting. and
that the passage Of the Farqahar bill would tend TO
stimulate these worthy objects.
Bolton Hall was introduced as tie representative Of
- 900 900 OF real estate interests in Ncwlork city.
lie STATED The position of the NewYork state Tax Re-
form Association being against personal property
taxation. He .aid that the passage OF the bill would
without doubt result in Newlork ard Broohly abolish
ing the personal property tax and thus attracting to
the two cities capital and industries which would
otherwise 60 to other States. where the personal
property tax Is not odous.
Ee-AsScmblymln John Connolly believed II for the
advantage Of all Of the people, and especially OF the
poor people. that all the shacilcs BE- thrown of from
capital. II personal property not taxed In the
country II would seek an outlet there factories would
De- built, there would b" easy and cheap money and
real estate would greatly Increase in value.
Brief speeches We're then mad" In favor OF tho bill
by a. a. Ilcaley, u a manufacturer Is. F. Romano,
owner Of real estate; Thomas Ryan OF the United
Grange No. 40. Mr.. Potter said there Wa,
great unrest among the farmers over The present
Ubiquitous inequalities In taxation General conid nee
felt In the various boards Of supervisors and he
was certain they could devise no worse system than
the Present.
Tic committee then went into executive session.