The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-04-06
You can get one of a
thousand kinds of hats or
you can get a KNOX hat'
Most others are local hats.
The KNOX hat is a uni
versal gentleman's hat.
NO MORE TAX LEGISLATION.
IT'S UNNECESSARY IN ORDER TO
ABOLISH DIRECT TAXES.
On Gov Odeil's Own showing In Ills Mes
sage There Win he . surplus In the
Treasury on Oct. I Of % .OOO. 600 and
. surplus Next Year OF Equal Amount.


ALBANY. April s.-It is unlikely that there
will be any more tax legislation at this
session Of the Legislature. The Republic
can Senators are 10 caucus on Tuesday
night. From the sentiment OF the mn iorty
IL appears that they wish to pass the present
Mortgage Tax bill IL any more tax revenue
bills are to he pressed for passage. But
the Assembly has gone on record that IL
does not want and will not have a Mortgage
Tax bill. Tho Republican members have
expressed a preference for q Conveyance
Tax bill and are to have caucus to-mor-
row night
The Republican Senators will caucus on
Tuesday and do not know that the ne is
any talk Of conveyance tax, for at their
heated conference Thursday afte rnoon no
mention was made Of any other tax schemes
than the mortgage tax measure. 1t is be-
LEVIED they adhere to this programme in
order TO defeat any more indirect tax
revenue raising propositions. because they
know that the Mortgage Tax bill is dead.
At the time the Republican Senators called
their conference, the conference of the
Republican Assemblymen had ended and
the Senators were fully informed OF what
the Assembymen had done and what they
proposed to do.
The fact that it is claimed that 81 200, 900
more has to he raised before indirect taxa
ton can be done away with. IL not under
stood by the majority of the members of
Inc Legislature. by the passage of the
bill increasing the liquor tax and the
Stevens bill imposing a tax on real estate
beGuests to linea! descendants il wa thought
sufficient revenues had been provided for
to follow out the Governors scheme to
abolish direct State taxation. They will
bring into the State treasury, il IL esti-
mated. about &6,OOO,OO0 additional revenue,
while the Governor in his message to the
necessary.
In his annual message to the Legislature
In January. Gov. Odell said that the appro-
Priations to be made by the present Legis-
iature for the fiscal year beginning Oct. 1,
more than the appropriations for the pres
ent fiscal year. The Governor said that
the revenues from indirect sources of tax
alton for the next fiscal year under the
existing IA / laws would be AT least 81 600, 600
and that there would be a surplus in the
treasury on October next Of about 81, 600 600
so that. on the Governors own showing,
even ~ the Legislature had passed no addI-
tonal tax legislation this year, the State
would have $50, 600, 900 10 meet its expenses
next year. or only 5000. 600 less than its
expenses the present year.
But the present Legislature has passed
the Stevens bill. to extend the collateral
Inheritance tax to real estate requests TO
lineal descendants, which will bring in an
annual revenue OF at least S75O,OOO and the
bill increasing the liquor tax by one half,
which will add between 5, 100000 and S.
100000 more. SO that, at the worst, IL the
Legislature provides for no additional rev.
enne from indirect sources, there will he a
balance in the State treasury on Oct. /,
1905, OF about 81, DOC, OOo, according to Gov.
Odelrs own figures, without any more direct
State taxation.
The fact Of the matter is that there is
absolutely no need for any additional
tax legislation 10 carry out the pledge TO
abolish direct State taxation. But. Gov.
Odell. driven TO the wall on his Mortgage
and Conveyance tax bills, thinks he would
make better showing before the public
II he could secure little more revenue
from indirect sources Of taxation. To
accomplish this object he has notified in
dividual members Of the Legislature, who
have bills pending for appropriations for
State work in their localities, that without
additional revenue he hardly can favor
such appropriations.
OF course every one knows how the State
charitable institutions and the State insane
hospitals, since Gov. Odell has been in
Office. have been cut on from adequate
supplies for the patients and needed better
ments in order to permit the Governor to
lutte needs of these institutions demand
appropriations aggregating hundreds of
thousands OF dollars more than they had
for the present year
While the outcome OF this situation is
problematical to Gov. ,0dell's friends, il
can be asserted that every man OF impor-
tance in the Republican party, either in
or out OF the Legislature. is absolutely
opposed to any more indirect taxation
bills. Those familiar with the situation
a. hipk has fha oh 70
more legislation would be along the lines
OF mortgage-recording tax, instead
OF an annual mortgage tax, and the ex-
emption Of mortgages from all other taxa
ton. II Is not believed that the rural men,
bers would dare stand for this tax any
,,,oro than for tho RI min al mort ua tax