New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-10-24
CIRCUIT REFUTES COCHRAN
STANDS BY TAX RATE.
Controller Denies Charge Made to
Help His Campaign.

Controller Grout absolutely and effectively re-
flutes the charge made by w. Bourke COCHRAN IN
his Carnegie Hall speech on Thursday night
with reference to the assessments on tenement
house properties. Mr.. Cochran cited different
parcels OF property that are paying more taxes
than they were under Tammany Hail. and then
asserted that while the big Office buildings In
the financial district were paying less taxes. the
tenement houses were compelled to pay more.
Controller Grout the Tammany candidate for
Controller, says that Mr.. Cochran does not know
what he is talking about. Here is his statement
on the subject of tenement house assessments:
have seen many statements to the effect that
ssre Of .ee e values and
viii have pay larger taxes and that thereby rents
hg s seeaey and Exactly the facts on this Sub
I hat the result hhd Of wch IS set
following report and which shows mos e, cum IN
basis.
This statement was made by Controller Grout
in a signed statement and published in The
Tribune and other papers on August :. When
his attention was called to the statement of MT.
Cochran yesterday MIR. Grout said he had moth
ing to take back
Controller CIRCUITS statement was based on an
exhaustive report furnished him by r. b. Nc
Intyre examiner in charge of the Investigations
Division. Mr.. McIntyres report is as follows:
Pursuant to your instructions have caused TO TO
be made an as 9 sne to-
Der of tenement properties in the Borough OF MAI
han has f been hn aSa Of as. paroes distributed
throughout the borough In the seVerai see'io'S O."
i0''0"'' p Are IS
South Of Houston-s, between the Bowery and the .os
squs aS' Of West Thdst the the North 1853
south q. Foreenth-st rnird-ave Bowers. Hous- .ss
tos 60 the h hafh o Eighty srts Thni
ave to the Est KFxgf .ccondst to sxty-hh
ST and the North River ACKNOWLEDGEMENTS. a.
Total number parcels %iof
As a result of the examination thus made peg
report that of the Pisa tenement rease In
the amount q taxes to be paid in l a ss com S
pared with the taxes 1902 which were at the rate
of aga In only 5 instances or 10 O-io per ' vii
there De increases in this years TAX bills Of
T5x es nd Assessmens with respect the assessed
valuation Of 2,16i tenement house properties con-
S of tsSa se3 iB 49, s a s SEA with
$50 5s250a in 1913 increase OF S4Zsl''t OF .i nP
P tions of is}2. 81 CIV PEI ''''' - -
parcels under consideration making allowance aci
small difference due TO the eI ll b; M vas
approxmatev s7S3 while the tax bills Tor IS9S
S9mPssed az nst w savh Ds 81
the owners OF the properties; or reducuon oa 40
nroxinnsteIv 10 per cent I'm the amount OF taxes u
be paid this yeaT, as compared with 1872 &, +b.
Examination has been MADE OF ile az
Registers office determine. II poSslole Ihe
ro1s for those increases in tax valuations winch
Z have resulted in increased tax payments, AS a
result of this examination and other inquiry IN
stituted as to the facts, ii may be stated utt IN
raost Of the Instances where the owners OF lhe
nronerties will be required to Increased axes
properties were either previously
,6eryalued or that appreciafions OF the properties
have for various reasons taken place
Another bald statement that is without
! foundation is the following by Mr. Cockran
e-ov, ia give YOU a concrete instance OF how this
/ ta-otion has been applied NAV mention the case
/ - ne rev building erected by Kuhn. Loeb & Co,
Inc head OF which OF the most enthuslaStiC
fnsionisfs and ardent refoTmers that Is known 10
The civilized world The whole concern bulIulisIss
erd al is $4,000 The land was bousht
! 60 e. On O0A and a building worth at least
a an 600 has been added TO 1t; so here you nae q
! building or a piece of property worm e 1870
assessed at s9l0ose win buildings all over tne ely
occlDied BIZ the poor assessed ana Nalueu at tHeii
full value.
Again is Mr.. Cochran controyerted by Tam
! many authority. and in this instance it happens
| to ba Joseph D. Cremin, a deputy tax COM
missioner. whose services were retained because
Of his supposed fitness. The S1,250O00 referred
60 by Mr. Cochran not cash transaction.
Mr. Cremin says the plot was appraised at
s7l5l 100 and the new structure which at the
time was building at s3O00Oo. This is Mr..
Cremins statement:
The assessment for the year 1858 fixed at
progress. The assessments and taxes IN
previous years IS follows;
UNION BUILDING NO 81 WILLIAM ST
Assessed Amount