New-York tribune., 1901-02-05
TAX BILLS OUT AGAIN.
SENATOR GRADTs MOTION TO RECON-
NIT VOTED DOWN.

Albany. Feb 4 CspeoiaD.-The Senate abruptly
changed it's attitude tonight upon the bills tax
ing savings banks trust companies and insurance
companies Last Thursday. upon motion Of
Senator Grady. these bills were tabled. To-
night he moved that the bills he recommitted to
che Senate Committee on Taxation and Re
trenchment for hearing, losing their place
upon the calendar but his motion was defeated
by a vote of 10 20 %. The bills thus took a
place upon the calendar, and the Senate can
act upon them at any time Later in the ses-
sion Of the Senate a motion was made by Sena-
tor Krum and adopted which recommitted all
the bills for a hearing this week but they VIII
retain their places on the calendar ANY amend
nents to them made az the meeting Of the
Committee on Taxation and Retrenchment
therefore. will at once lead to their amendment
IN the Senate Chamber itself. There were
rumors to-day that all the bills might be
amended The Savings Bank bill might be
amended Il was reported. by the insertion OF a
provisiOn for the taxation OF their surplus al
It's par value. Second. the Insurance Company
hin might be amended 10 provide for the
taxation Of the business done in this State by
each insurance company. None Of these rumors
could he verified. The trust companies took the
FIRST step In attempt 20 persuade the Senate
90 amend the hill taxing them by applying 10
for a hearing the measure which was
granted.
When the Senate met Senator Grady made
motion that the bill taxing insurance companies
should be reconnmitted TO the Committee on
Taxation for a hearing. and Senator Foley
stated that. although a member Of the Commit
zee on Taxation ana Retrenchment, he had been
unaware that il to consider this bill on
wednesday last and had not been present al the
meeting He thought the insurance companies
should be granted hearing the bill.
Senator Krum in reply said that the insurance
taxation bill was thoroughly considered by the
Committee on Taxation and Retrenchment and
then reported, since no insurance company had
asked for a hearing upon il, nor had any request
come from a savings bank or a trust company
up 10 the time Of the meeting for a hearing. The
corporations affected knew that the bills
pressed the same ideas were given by Gov
srnor Oden in his annual message TO the Legis-
lature, and they ought 20 have applied for a
hearing However. they had now done 80. and
h" had consented 10 give hearing 20 the in
suranoe companies on Wednesday 20 the savings
hanks on Thursday and to the trust companies
later.
The Senate then came 70 a vote on Senator
Gradys motion 70 recomrnit the bills in such a
way that they would lose their place on the
calendar. Senator Grady in explaining HIS vote
argued that the bills should be considered at
greater length
Senator ElsberS said that the promise having
been given OF hearing on the taxation bills, he
would change the attitude he took on Thursday
last, when ne voted with Senator Grady 10 table
the bills Senator Marshall. of Brooklyn. said:
viii not change my position. 1 have read
nothing hut commendation OF the actio- Of these
Republican Senators who voted 20 taple their
bills last Thursday. You cannot make a polit-
cal question out Of those taxation bills, and If
you DO the powerful interests affected viii unite
against you and you viii not be able 20 prevail
against them. L do not mean TO indicate by
these remarks that l am opposed 10 these bills:
merely say that they should not he considered
political measures.
The two other Republican Senators from Kings
County, Audett and Fuller, voted with Senator
Marshall In favor Of Senator Grady's motion.
Senator Amber, Republican, Of Columbia Coun-
y, Vho voted against Senator Cirady's motion 20
table the taxation bills last Thursday changed
front and voted in favor OF ms motion 10 re-
commit The bills tonight.
Senator Cirady's motion 20 reconmit the in
surance taxation BILL as already stated. was de-
feated by vote ~ 20 20 %, the minority votes
being cast By Senators Amber, Audett Fuller
and Marshall and fifteen Democrats. while the
majority vote was cast by twenty-seven Repub-
liCaus