The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1894-02-14
BRADLEY ON RIPARIAN RIGHTS.
Assemblyman Storr's Bill on Pool
Selling.

Se1kAMSs
Special to the Jea.ey CITY NelS.
TRENTON, Feb. IA, 1s93.-Senator Bradley
is having prepared by his Secretary, MI.
Hart, a complete history of riparian leases
and legislation pertaining thereto, for the
purpose of obtaining a correct idea of the
methods of disposing of such rights, which
at present don't rebound to the financial
benefit of the State.
The Senator's ultimate idea is to introduce
legislation that will do way with this sys
tenn and substitute therefor the leasing of
these lands for a specified time from fifty
to one hundred years for i~nstance) for a
stated sum- such leases containing a clause
providing that at their expiration the lands
will be again leased at a figure commensurate
with the appreciation in its value during the
first or subsequent leases. 1t is plainly dem
onstrated by Mr.. Bradley that by this plan
the State would, in the course of time SAY
about sixty years. not only receive the orig
inal price of the land, but also, by compound
ing the interest, ma Ike a handsome profit to
be added to the school fund. At the same
time the State would still retain the right to
the lands instead of parting with it at what
are ridiculously low figures as at the present
time.
In Monmouth county alone the State still
WINS the right to three miles of such lands
which could be disposed of in the manner
ourlined by Senator Bradley, and thus the
State, and through it the people will reap the
benefit of the ''unearned increment" and at
the same time effectually block monopo-
listic LAM schemes.
Assemblyman StorrS will introduce, be-
fore the close of the session, a bill providing
for such a disposition of the riparian rights
of the State.
The Monmouth Senator has made a close
study of the subject of single tax, especially
as applicable to public lands, and took occa-
sion last summer. at a meeting held at
Asbury Park, to ventilate opinions that
caused considerable adverse comment from
those who imagined he had become a convert
to the theories of Henry George.
Mr.. Storrs has a bill affecting race tracks
which has received the stamp of approval of
the party leaders. 1t provides that if any
person shall buy or sell what is commonly
known as a 20 oil, or any interest or share in
any such pool or shall make or take what is
commonly known as a book, or shall make
or take a bet or wager of any kind whatso-
ever, upon the running, pacing or trotting
any horse, mare or gelding, either within or
without this State, such person shall be
deemed guilty of a misdemeanor, and on
conviction thereof shall be punished by a
fine not exceeding five hundred dollars, or
imprisonment not exceeding two years, or
both, at the discretion of the court.
( llaG IL any person. VI COIpoIduol -ondi
habitually or otherwise conduct the practice
commonly known as bookmaking and pool
selling, or either of them, or shall keep a
place to which persons may resort for en-
gaging in such practices, or either of them,
or for betting upon the event of any horse
race or other race or contest, either within
or without this State, or for gambling in any
form, such person or corporation shall be
deemed guilty of a misdemeanor, and on
conviction thereof shall be punished by a
fine not less than one thousand dollars, nor
more than five thousand doll ars, or by inn
prisonment in the State Prison for not less
than one year nor more than five years, or
both, at the discretion of the Court. That if
any corporation Of this State shall be con-
victed Of a violation of any of the provisions
of the last preceding section of this act, such
conviction shall have the effect to dissolve
such corporation, and to render forfeit and
I void its corporate franchise and powers
without any other or further proceedings to
that end.
All acts and parts of acts inconsistent with
this act are hereby repealed, and this act
shall take effect Immediately.
Mr.. Storrs introduced this bill this morn