The star and Newark advertiser. [volume] (Newark, N.J.) 1908-1909, 1909-03-02

tion of each year, and on which no tax
Is now imposed, and, by a revision OF
the franchise tax now paid by miscel-
1aneous corporations.
The Recommendations.
1--WE therefore recommend,
"G) That certain items hereinafter
set forth of school expenditures now
charged to the state fund be deducted
from the amount appropriated to the
public school by chapter 146, of the
laws of 1900. before the same II paid
over TO the county collectors of the
several counties.
900 That retrcnchments hereinafter
set forth be made and that apprOpria-
lions mt this session be limited by the
funds available, as may be reported by
the comptroller.
"(S) That there BIO 4 revaluation OF
railroad property ON which u tax II
now paid the State and that q tax BE
imposed ON any railroad property, In
GLIDING rolling stock, and any Other
property permanently OF temporarily
within the state, lawfully subject to a
tax and ON which none Il paid at the
present time.
800 That there be a revision Of an
nual license fee or franchise tax upon
miscellaneous corporations. with these
recommendations we now briefly ex-
plain, and at the same time make va
rious suggestions which we believe VIII
tend to decrease the expenditures and
Increase the revenue Of h State.
Should our recommendations III
adopted we are satisfied the State will
be restored to a sound financial basis.
1.-THE saving from the retrenchmen
and the proposed increase OF revenue
may be summarized as follows:
Amounts to be deducted from thu
school appropriations under chapter lat
of the laws of 1906, immediate, $242,00
permanent. $242, 600.
where the Cuts Are.
On payment by school fund of In
debtedness to State of $4,000, plus
$685. 0 interest and costs collected; i'm
mediate. 1921. 900; permanent. nothing.
Annual bill: Immediate. $3.50. 900;
permanent. $4,000.
R~etrenchment, supplemental bill esti-
mated: Immediate. $3.50. 900; permanent
nothing.
Additional from counties for care Of
insane: Immediate. $50. 900: permanent
$11O,o 0O.
Less paid counties for care Of insane,
Immediate. s62, 500; permanent. SIPS, 900
Adjustment Of corporation franchise
tax: Immediate, nothing; permanent
$500, 900.
Total immediate. 81. 900. 500: total per
manent, $l,057, 600.
Should a r~evaluation of railroad
properties prove that the same are moi
now assessed at their actual value, fur
ther income will be derived from suct
source.
SHOULD our miscellaneous sugges.
tons be substantially followed there
will be still further savings and reve.
nue., so that we look for immediate saw.
ing to the State of at least $3.50. 900, and
a permanent increase of income ove
present expenditures of at least $1,000.
900.
THE following itemss which have
been heretofore met from a%pproprta-
tons from the State treasury. should
justly and properly be charged againsi
the fund derived under chapter 146 Of
the laws of 1906, inasmuch as they are
in aid and support Of the educationa
system of the State:
State Normal School at Trenton. $50,
900; State students at Rutgers (scholar.
ship. SIS, 900; New Jersey School for the
Deaf, $4,000; county superintendent
$42. GOO; State Normal School at Mont.
clair Heights, $4,000; Manual Training
and Industrial School for Coloret
Youths, $4,000; evening schools for for
eign-born residents, $4,000: superin,
tendent of public instruction. $25. 900
total. $242, 900.
100000 from Roads.
1.-THE comptroller has recently col
lected from the railroads as the out
come of litigation the sum Of 1902, 90
on account of taxes for 1906. Thi
money is in the treasury unappro
priated and is purely applicable to tn
schools.
I'VE learn, however, that the schoc
fund, which is also a source Of incom
to the schools, has never, until recent
been able to furnish three hundre
thousand annually paid 70 the school