New-York tribune., 1901-04-20
PRAISE FOR THE TRIBUNE.
A STRONG FACTOR IN DEFEAT OF MORT
GAGE TAX BILL.

GAGE TAX BILL.
There was great rejoicing among real estate
men in this city yesterday when word was re-
ceived from Albany that the Stranahan Mort
gage Tax bill was dead. Many Of them in voic-
ing their sentiments the defeat of the
measure said that the efforts Of The Tribune
to kill the bill had been mainly responsible for
the victory gained by its opponents Other ex-
pressions OF praise for the work done by The
Tribune were heard on every hand where men
active in realty operations gathered last
night. Several said that if this paper had not
waged vigorous war against the measure the
bill would probably have become a law. and
they thought the greatest share OF the honor
TO: the victory should he given to The Tribune.
One real estate man said that The Tribune
had saved the Republican party from being
driven from power. If the party had been sad
died with the bill, he thought. it would not
have been able to get control of the State again
for nearly twelve years. This man was Leonard
Moody. Of Brooklyn. He made several trips to
Albany TO assist in defeating the BILL When
seen at his office. No 20 Court-st., yesterday
afternoon, he said:
The Tribune did a great work in assisting 10
defeat the bill. 1t has saved the Republican
party It's good thing. The defeat of the bill
means the salvation OF the party, because if IL
had been passed. the party would not have been
opIe " get lHlO power again Tor eleven
think The Tribune should now try to have
the M slater bill passed, 10 defeat which the
Stranahan bill was brought forth The slater
measure should and I believe will go through
To tax private individuals for their mortgages
would be an outrageous hardship
The Tribune has delivered the most telling
olows In killing the Stranahan BILL" said c.
Augustus Haviland, OF Haviland & Sons deal
s,r ers in % real estate at No $50 Futon-st Brook
lyn We rejoice that the bill has met it's Just
tate. and are much obliged TO The Tribune for
its share IN the matter. Its editorials upon the
measure have covered the whole ground thev
went to the point. and were of such sterling
value and educational worth that / have cut
the bill. s
Now we all hope that the Stranahan bill
having been scotched, the Slater bill will be
passed. which Is what the people want. es-
pecially in Brooklyn"
George F. Elliott. the lawyer. who has been
another OF the most active opponents OF the
Stranahan bill. will not be back from Albany
until to-day
Bryan l.. Kennedy the real estate dealer and
auctioneer. was seen last night at his home, No.
300 West Seventy -seventh-st. He said:
do not know how to express my apprecia-
tion for the great work done by The Tribune in
helping TO defeat the bill The defeat of the
measure will result in many persons who have
been timed about loanng on mortgages plac-
Ing their money in the real estate market I
think the defeat OF the Stranahan bill relegates
to Oblivion for all time in this State the question
of placing tax on mortgages.
Charles s Brown. the real estate dealer. said:
While l thought that the Stranahan Mort
gage Tax BILL on the whole was better meas
ure than the present law affecting mortgages. /
rejoice in the defeat of the bill for many
The principal reason is that many of its pro-
visions were partial to certain business
Germs. This discrimination was unjust. l OF
the opinion that proper bill taxing mortgages
can he framed and can be passed
When bill containing unjust discrimination
meets defeat, every public spirited citizen should
feel proud. And on this occasion they should
not forget the noble work, the splendid achieve
ment of The Tribune in making known the bad
points of the bill in a forceful manner and
thereby awakening public sentiment and aug
mentins the ranks of the opponents of the bill
The defeat OF the Stranahan Mortgage Tax bill
is one of the brightest. greatest and most note
worthy victories ever won by The Tribune.