New-York tribune., 1906-10-17

Tax Department in the city of New York from
the New York Evening Journal Publishing Com
pany. the company that owns and Publiisanaeas iaaa
"The Evening Journal" On February 20 isVo
Mr. Clarence J. Shearn, as the secretary or the
company, prepared a statement or presented
statement in order TO have the assessment upoii
that company reduced That company mad oeen
assessed for 100000. Did they pay taxes on
100000? No. They went TO the department 10
get rid of the assessment.
HEARST PAPERS BANKRUPT"
Now you know when concern shows tnat II
owes more than it has got; that II mas more
debts than il has property, then there is noCnLs
to be taxed, and it escapes tax acuon' pecauso
It has not got enough to pay its debts. ana SO
tbis great concern this New York Evening
Journal" which is circulating widely in our
city every night made this statement to the
department, and this is what it said:
Indebtedness, S219 00021
And II presented TO the department. state
ment that this great New York Evening Jour.
nal" did not have a cent above its debts ana
had nothing on which to pay taxes
Az tne SANE 80 he 'sg naa Of Takes and AS
sessments, with reference TO the Morning Jour-
nal Association. that publishes the German
pany had been assessed at 100000. and it got
rid of the assessment in this way: 1t made the
assets amounted to $196545S and it stated that
fits debts amounted TO S5S.295II, and II thus
stated 10 the department that the German
Journal" did not have plant and property
enough to pay it's debts. and therefore did not
have cent upon which it should pay taxes
Now I have asked several times whether the
Star Gomnanv that publishes 'The American"
pays any taxes. They have had time TO write
a good many editorials, they have had time TO
say a great many things about dinerent people
In this country they have had time to hold up TO
contempt great many people who disooey the
law but they have not yet had time TO show that
they themselves, publishing the great New
York American" pay a dollar toward the sup
port OF the New York government.
IA STAR COMPANY sTATEMBNT.
z1The statement of the Star Company of New
Sersey, this holding company, is on file. and
that statement shows follows:
%Amount receivable on notes and open ac-
counts, nothing.
value of goods, wares and merchandise IN
the state of New York, nothing.
place Of business in the state. No. 40 Nassau
street: New York City.
value of machinery and plant in the state Of
New York, nothing
cash on hand and In bank, nothing.
Amount invested in state of New York. moth
ing"
And this great concern, which is trying TO
champion the cause of reform in this great
metropolis, does not perform the first duty OF
good citizen. in supporting the government
Now, this is not personal question. l do not
refer to it IN personal way at all rerer TO II
for the purpose of unmasking pretences. 1 re-
fer to it for the purpose Of exposing political in
sincerity. If men are going TO stand forth as
leaders OF the peopls in the cause of reform, let
US frat find them reforming their own business
7 Before any one should lavishly condemn cor
porations, let him look to it that his own
poration obeys the rules OF the law.
II stand before you desirous of doing every
thing in my power to put an end to corporate
abuses. have done something in that line
do not stand before you TO say that there is no
reason for discomfort I am not here to pretend
that everything is right am here 10 protest
against an appeal TO bitterness; an appeal to
class hatred; against attempt to create a
feeling of disorder and passionate resentment,
instead of proceeding Justly, soberly and de-
Gently about the business of true reform.
PRESENT CORPORATION RECORD
am glad TO say that during the last year,
under our great leader, we have had wonderful
progress in the direction of making impossible
these Determinations in interstate commerce
whoh have interferred with the Independent
producer having equal access 10 the markets
with those who are in control of large combi-
When it was found that there attempt
on the part of great aggregatIons OF capital 10
deal unfairly with those less fortunately placed
there was one man in the country strong enough
TO deal with that situation and show that the
viii of the people is supreme. and that man was
Theodore Roosevelt.
When we found that there was a lighting mo-
nopolv in this city and 1t necessary to
anaIvZe ii and take it apart and deal with all
its component elements and show IL up ana
understand exactly what 1t was and prove
vested we proceeded TO do il in a direct, fear
less and sane manner, and the result OF 1t was
that in the last session Of the Legislature an
SO-cent gas bill passed.
THAT act has been challenged in the federal
courts 1t has been claimed by the companies
that the rate was low that they cannot
make a return upon their actual investment.
But the state of New York through the Legis-
Iature did all that it was possible for q Legis-
Iature to do in passing the act that so cents
should be the legal rate thousand cubic feet,
and I am glad to have taken part IN the inves-
tigation which made it % possibie.Which made
imperative the passage of that statute.
I am before you. a candidate for office, nom
mated at a political convention. but I did not