The Jersey City news., 1905-10-31
LIS a Businessman he Points
Out the Injury the Pres
enl Administration Has
Wrought TO the City's
Financial Interests.
PROPERTY -UNsERksSESSED
BONDS DEPRECATED AND SINK
ING FUND DEPLETED IN VAIN
EFgoRTS TO CREATE AN M
PRESTON OF ACCOMPLISH
MRNr CORPORATIONS PRO-
TECTED, Nes AssA.LED.

- - ~ ~~-S 49, - 49,
MRNT CORPORATIONS PRO
TECTED, Ne,S AssAlLED.
DemOerats0 slayosslty Candidate A.
N. Henry to-day gave out the following
statement, in which from 4 business
nan's standeoist he severely arraigneA
the Pagan administration foSi the mzr-
Eer in which it has handled the financial
affairs of the city. His statements would
Eli almost page. of an ordinary news
paper. He said in part
ITO anyone who has given attention
to municipal affairs in Jersey City dur
ing the hast! four years it mustibe eyi-
dent thatythe finances of the city are in
deplcrable condition. and that.the bur-
den of taxation Is not only Sunequally
distributed. but that the rankes5 discrim-
nation has been shown againsttindivid-
-ual citizens and.in favor of trusts and
corporal tions.
The Pagan Administration has depre-
ciated the credit of; the city ,until our
A0onds. which prior TO four wears ago,
brought high spremiums. now SELL when
they sell atfall, at the Lowest, prices of
any municipaf bonds in;Hudsons County,
and possibly IN the State.
1T has depleted the Sinking Fund,
eating upithe city's5reserve, largely for
current fexpenses, and thereby screating
a newfaebt, whiehswiil have to1be met
by future. bond issues.
= 1t Observation-Disclosures PoliceiDepart-
menf, thes B'ireE Department. the sBoarl
Of Heastha theiBoard Of Hospnaf Trus-
tees anifOther imunicipa # Edepa rtments BY
the injection of odious poatics.
The Fhgan administration has gross
u underl assessed the taxable sproperty
Of the Pubic Service Corporation in its
various bra inches, thes Americans Sugar
Refining Company (the Sugar Trust.
Armour Co (the Beef Trust. the
Westerns Union TelegraphE Company, the
Postal' Telegraph Company, thee New
York and tNew Jersey Telephone Com
andlthe Standards Oils Conpany.
I'm order to- show concluSvelythat the
Pagan sad4pinisration is under assessing
and protecting these gigantic mopopolies,
while making false pretense <of fighting
them. Itinszructed my lawyer}two. weeks
ago to go.to the tax.ofice andgd dema ndsto
see the assessment books (asstaxpayers
have alright ito do under theAlaw) and
ascertain the assessments placed upon
The mondpolies in question: forsthe syear
1905.
When. the reauesti ssee thes egeass-
snent books was Rsnasle, itSasas zefAsedshy
TX Commissioner sweastells ,Sho ee-
fsrrea mgSlawyse,tol olTax Commissioners.
Degnans who, in turn, referred lznl to
Tax Oommssionr lBacOn, presissss .:
tfe5Bossd.
Satisfied that THE Tax Commissioners
we're sfraietto show tasir Assessment
books and were resoring to evasion AMI
sabterfuge. lmy lawyer whos meantime
had scns'evso o. three sIkHers-{on Frids u
morning last casied againAat t1sez tax office
To renew his demand toessee k;-s, assess.
fcent books and to serve no,ace r,.at he
would apply to the COURTS for man
dasnus, IN the even. OF efalsal.
Yesterday aftern. >rls 4at 2 O'Clock,
however. a.list Of the missing facts were
sent % my ID wysrs off ts. rmls. it re-
aired thhtesn days to secxrel from the
tax Office information vi hicil auy inteili-
ae1t person could have secured for hin-
self IN fifteen naiauses. If lie had been
ssrmitted, as. the Jaw requires. ,to,inspect
40 auid books. tand which any aatacke
4 the tar. office falnil pr with the hooks
%uiu nave tIFnlshed even less Tune
= hare gone into tn, lseedeteiIs'because
easy throw asght upon a situation which
nnst be * public int sress at this time.
and sscanss also, IN makins this state
Asnt pubic. which l | woItsd have done
re wssfs asA. but ( pr the evasion ard
AnArnncr snrouuferes 4 10 tho fax Office.
sAsse. = snother pect of shs matter
~aA'A ssannot be ove fiooked, and which
AessAnw hight on Il b rs1nankable meth
4sa * sAs Isz Boarfl. on this s2ts 900
s1ssA. ausosdIns se 1th Tax Boards
= sSsles ~ moi aasladsd in the
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