New-York tribune., 1901-01-15
!: a4. u. ~ A.oaa.7Ia.G.l = ~ Y:

II was tho report AT tn" office ~ the ComInis-
sioners of Taxes and Assessments that the as
SCISSORS had Increased the assessment for per
sonal property 10y multiplying the amounts on
which the millionares II tho city We're assessed
last Year. and adding many names 20 IN" per
sonal lists with sucn sums as n" assessors
thought the men could Doc forced - own ny
TO- The method adopted in taxing the cor
rorations was q taxi the capital stock of the
corporations as given I'm the books - directors.
and TAX accordingly
Much ~ ,he total capital of the corporations
may be in Sou" other state" President Feitr~r
said. and ne corporations NAV De. Incorporated
In some other state. auI tH- debts and aH
other matters must hc DEDUCTED THIS VIII
necessarily reduce the assessment in n.ary cases
go minimum and IL would be certainly unfair
to make public these n-u~"- l' would te
ridiculous IN many Instances
Printed announcements 80 The opening 81 tao
books were sent yesferla- 20 an corporations
and property holders. vell a. 10 those p-rs'.l-
ally taxed. The taxpay. rs VIII have uutA u,Nt
Mav 10 swear off any amount that th,ir ,at-
sciences viii allow. TIe books V-ill th..u le
closed and r"oTrrlei in July. when they VIII show
the final official assessments. Thesc oelo Al as
srssm"nts are reached hv simple process ~
d"ductius from IN" original estimates whatever
sums have been sworn of
thought about TN thousand new names Ia Man
haitian and fifteen Thousand new names in
brooklyn had ben added 20 the list of persons
assessed for personal property this var. As 20
making the assessments public 'h~ Comm!s-
soner said:
Til" Commissioners have not decided on any
course ahou, making the books puhic as VT
W. may decide =, DO So. and. Of course. in that
cas-" VIII throw th"m open for public Inspection
b. public"
II was said hy another Commissioner that it
might he thought advisable. II public ciamor be-
cam" too great t. throw open thu books in
order 70 save the Commissioners endless trouble
Mr- Foituer CAV" ont IN" following statement
declaring that il had 'he Endorsement az the
other Commissioners.
This Department orranizei, as stated in Jul,
ord4. whcre could systematically keep accurate
and r"liab" record not only Of matters affecting
ters and other Offices hut also information obtain
n.'" a. ~ ''i,ln 20 t5'n'~s ana 1fi'rtT'hs am
orsauzati"n ~ this bureau Will b" apparent in the
for his year. but particularly personality
Was quoted tu som" ~ the papers few DAYS
SIrL st,r.,r.nt v,s nor piv,n 20 tb. rs b.,
hlit the fact stated - reporters. which
b,'Ir.., b'I b.i i,cra, ,i t"rn. & ,.,,o AMI ,hr
nee's rily. tAc rate wouLl Toe increased unless
valuations ~erc found which would maintain the
present Valuations affect the rate.
hut this department AT no Tim" has permitted the
rat" q" afe"t valuations We asS"s+ property. and
wh.n complete i'm assessments the
valuation Df IN" property 50 found constitutes thu
la SIS ~ the amount which calculation Is
made for thu n""~-etry expenses OF the govern
m"nt. and from th"s" deductions the rate Is de-
termineJ aad have part IN fixing the
rate diSclaim any intention 10 affect II in any
respect
We say, however. without regard its
effect upon the rate. that the Department has
made Il strenuous effort get larger amount
Of personal property than heretofore. and that
I hop" and expectation Is 10 show a consider hls.
the valuations 81 personally held last
year. an expectation IN which justified by
Information obtained for through Bureau
/ # Information inl Records We also desire 10
that FOR the convenience Of those taxpayers
whom II concerns. applications for the correction
[ of personal assessments only OF residents ~ Tn"
Bronx. BROOKLYN. Queens and Richmond will he
heard AT the main office IN Manhattan.