New-York tribune., 1899-03-05
REALTY BROKERS FOR THE BILL.
THEY ALSO URGE THE PASSAGE or THE BILL r.

THEY ALSO URGE THE IASSA''t W I-li- DIN -
TAN PUBLIC FRANCHISES.
Al the third annual dinner OF the Real Estate
BOARD OF Brokers. given In the tptoWn Assoc'a-
lion rooms i'm the Constable Building. last even
ing resolutions were unanimously passed lndorS-
ing the Amsterdam Avenue Anti-Grab biil ana the
Ford bill 10 tax public franchises. An amendment
to the latter was also passed. in which me mem
hers OF the Board were urged to 90 to Albany ana
do all i'm their power assist in the passage oi the
bill
The dinner was presided over by John +. Doyle.
tho president OF the Board and about hundred
p,-gons were present. among them being senator
Iohn Ford Thomas q. Shoarman. Jefferson NJ.
Low, John Henry McCoon. James l. Wells ana
Mvor : Isaacs. IN his opening address Mr.. Doyle
discussed the subject OF taxation at iength lie
said in part:
In voting for consolidation. no doubt the average
citizen believed nc was VOTING LDi "a, 90 6,. ni-
10 had no idea Of voting practcalA io Nv i,iu NJ
inequalities To- make city We VIII ai az ls -o,, 80,
eject of this enormous increase III r,tg to
conAscation Now that this agitation Is on, soou
may come from IL 10y q united appear io' "' ''
''Tf womiI create surprise no doubt. should |
state that there mas been absolutely no positive ana
half a century hut sucn Is practically the itct.
@ An yb ID b ,ax laws is he first thing in order.
and the appointment Cf a commission 10 r'tIst '!, ~
entire tax system is The object We should strNe 20 70
attain This commission should De composed ol
ivo members. three of whom should come from ne
"ify Of New York and two from the balance oi thc
state At the same time we should deman5I =, a
change In the law creating the state board ~
TaXnfiou and the Board for the EquaUzau4 o..
Taxes w have no representative on ihe lH' & ~
Board This Board should he Increased 10 NV 9 ~
pointecs. three OF whom should come loI' .''"
AI,-hcr serious matter lies in the fact mat thcIt
i. altogether TOO much property cArinpleu III II.
/ taXa..or In round figures i52ofW"n worm oi
property in tns city IS now exempt Inc pom"
OF --Vis!Ou SHOULD A'. , . of ~
Frst-Ou lines OF equality OF values OF I'"' -
/ tate throughout tho state .....e. -,
saeond-Ou cutting of improper ana UNJUST ~
Thrd-on taxing corporations upon their gross
/ Fourrh-Hv amending the personal tax laws 50
/ trat th, taxpayer shall under oalh ana, @ uI.'
/ pror.- poual'i.-. render q statement OF "n"l'N'
/ personal property ne may OWE. .,~,..
! friffr. u ". continue 10 Tx personal pIop''' ~
/ thor ioi us legally ."hnc The word residrnI -,
Sizth-By placing trust companies ~ lhe WIZ
/ 10 discussion of taxation. however. IS complet'
without reference fhc so-callcd collat'rai mn
/ fanc4 lax law. That law as ] look upon u l.
/ ~. .nac'
The mex. s,eaker was Senator John Ford. wh
sa.a that uron returning to Albany be would Civ
/ Oh. Rapid Transit bin bis attention. lie then re-
| fa-reG 20 tho resolution which had heen passed il
regard 70 ;hc public franchise oin, and said "
/ part.
We have ovsrlono the corporate tax matter y,
tnc d-trm'ut ~ TIC city ana me Sl"ic, yI" M nIi
ions - capital have been driven away hl me lhls
criminal. 'raNiuc of business and prya'" corpora a
. t.1us CORPORATION fraucIiens ar" Already I.Af-'
buf ms bid. aims NOT at th'm but al pumc ran
In dosing Mr Ford said that the Amsterdam
ave. bib would prohab.. pass both houses.
G.har srce lt,re were Thomas @. Shearman. Jefier
son n Levy ard John Henry Mc'oou.