New-York tribune., 1898-01-27
chairman to which the matter was reie'ie"' WI
report at the next convention.
r,~,r,o< OF FOREIGN CORPORATIONS.


TAXATION OF FOREIGN CORPORATIONS
The next subject for consideration was '"e
state Taxation Of Foreign Corporations
Tom l.. Cannon of Missouri moVeu' o.' "O
count of the Importance OF the question that
special committee be appointed to CONFER VII"
other bodies with view To optaihl"s esi'
against unjust State laws.
William NcCarroll OF this state. said Una, ,he
taxation Of foreign corporations was eNtehuins. ,
and added that he WAS ashaneo 10 say '"n' s'
New-York State was the worst OF ali III '"'s VI
rection. ,, A., .
MIR. McDougan thought that neither the cur.
rency nor the tariff question was 50 uilu' '"'n' @
as was the matter of taxation or iorelSh cor =
porations The inequality OF taXauon was 80
great that those who were not students Oh ,te
subject did not know that the sihdeS' "ca''"
Of the country paid the greatest puruen ~ q, t""" a.
,,on 10 was ylad TO know that New-Yofk i'll
the matter Of obnoxious taxation laws was !Ie m
worst State of the country. because sle"h''e
for Ohio misery loved company. The efIort 10
roi,eva certain Industries from the burden OF
unjust taxation had brought ABOUT eNue..Ie
measures. He did not want the puplC 10 un
derstand that the association was opposVu ~ ~
The TAXATION of a corporation by the state IN
which II did business. OF course. corporation
domiciled in a State ought to help pear 'he oui
den Of taxation. ~
clation formed two years ago to test the laws
made by States taxing corporations not oonii-
ciled in them. Michigan had been selected AS
typical State Of this kind. Plaintins ana de-
PENDANTS had been chosen. and the matter ai'e,
being adjudged against the state by the Iocai
Federal Court. had been taken to the supreme
Court of the United States. About week ago,
ne was happy to say. he had received word from
Washington that the Supreme Court had sus-
tanned the decision of the Federal court zap
plause) The decision had not yet been pup
lished. hut when il became public ne hopeu that
Il would lead to a considerable modification OF
many State laws Not only did foreign cor
poration have 10 pay the state, put aiSo' ire
nuentlv every county in the State in which busi-
ness was done. Foreign corporations shouiu
have the same rights individuals oi course
II they became domicied they should heip pay
the taxes as every one else. New oTh "as
perfectly fair in this respect. II every STATE u!u
the same thing there would not he cause to
grumblc .
Nj cannon of Missouri. said that twenty
States had these obnoxious state taxation laws
and in spite If the decision of the United States
Supren1e Court there several states IN
which the same law as in Michigan still was IN
force. .,
Mr.. Cannon was instructed by the convention
10 prepare a resolution on the supJect anu pre-
sent II at a later meeting
rNTAXED ALCOHOL FOR THE ARTS.
"I'ntaxed Alcohol for the Arts" the next
subject Mr.. Search in his report advocated
the resembling of the tax on alcohol used FOR
manufacturing purposes. saying that the ad-
vantaCes Of untaxed alcohol would be felt not
,nlv hv the manufacturer who IS engaged wholly
IN domestic trade. but also by the producer Oh
those articles which are sold abroad and which
-onle into competition with similar products
from European countries whose manufacturers
have grain alcohol for use in the arts without
burdcnsome internal revenue tax.
Mr. McDouEall rose TO speak on TINS supJect'
which he said was Of very great importance
hui owing 10 the lateness Of tho hour II was de-
,lded to postpone the discussion of this and the
res; OF the presidents report until the afternoon
session.