Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1914-03-31

GREETED exceedingly any differences
with the bankers as to whether this
bill ought to pass. They might have
seen the handwriting on the wall and
everything might have proceeded
Z amicably if they had agreed that the
Till was just measure"
The fight over the bank bll pro-
duced a tremendous debate, as might
have been expected.
Assemblyman Quigley's amend
: ments. two in number were put
separately and we're voted down by
a vote of 80 TO Z and 46 to TO.
Assemblyman Hates proposed an
amendment returning the whole tax
question to its orig nal standing and
then amending SO that the tax rate
should be one-half of ! per cent.
without any exemption whatever in
view of the fact that the vote on the
Dobbins amendment had disposed Of
the question. Speaker Beekman re-
fused to consider the amendment.
Minority Leader Richards proposed
20 amend the bill back to its or ginal
form with the difference that he
would exempt savings banks from its
provisions. This would mean a fiat
rate of / per cent. 1t led to q warm
DEBATE and was voted down-51 to 5.
In the heat of the argument on
this amendment the Republican
minority leader broke out with
statement He said: ION Thursday
we knew there WAS a coalition of the
two J.ms,' the city counsel of New
ark and the gentlemen In the guber-
Material chair and now he knew
who are the two bosses In the
Democratic party"
Previous to the session, Governor
Fis4esr called a meeting In his office,
srrf1 fn1s ha of q
FishIer Tells OF Caucus.
Concerning the Governors caucus
AssemblSman FISHER SAID In the de-
bate, 81 came out Of the caucus a
changed man. Ever since then L
have been trying to save something
from the wreck. ! am going to vote
for this bill but ! think II is bad
one"
Assemblyman Quigley following him
said: EITHER all the men in the cau-
Gus or none are bound. TIL is not
the same bill the caucus was held
on. Immediately after the caucus
the bill was changed by the Cover
nors consent ana none of the men
in the caucus were bound by these
changes"
The position of the Essex men, as
they outlined it. is that they stood
throughout by the agreement with
tnG GONGTnOT. IL WAS di6O o6iSS0
by the Governor at that time, they
say, that Assem- blyman Quigley
might put In his amendments and
they would not be opposed by the
Governor. The amendments took
some time to draw and could not be
got ready In the short time between
the adjournment of Wednesday night
and the converting of the House on
Thursday morning of last week.
1t is also pointed out that while
Assemblyman Quigley, who had been
called into the Governors office as
soon as he arrived at the State House,
was in conference with the Governor,
the Dobb ms amendments were put in
and immediate action on them called
Cor. II was after that the Governor
called negotiations off and although
ne turned down the Quigley amend
ments the Essex men say they kept
their end OF the agreement and did
their duty by Newark in supporting
the Dobbins amendment.
victory for Newark.
They claim a victory for Newark
in forcing the amendment of the bill
until it suited Newark's needs and
treated that city fairly. As the bill
now stands one-half Of the bank tax
will go directly to Newark and one
/. NAN Will 30 10 tlle COunlys II 10 ooAu
the county's half will be devoted to
budget purposes and reduce the mu-
nicipality's share of the county tax.
The only difference m the Quigley
amendment was that this disposal OF
the money would be insured and that
The tax would be assessed along with
the city taxes at the same time and
In the same manner.
BY a ruling of the speaker the God
frey amendments were accepted as
amendments to the Dobbins amend
ment Assemblyman Godfrey said In
support of his amendments:
1.-THE banks have agreed that they
pay a tax of three-quarters of one
per cent. if the tax Is fairly raised
and ievied equally on all banks, SO
that one bank will not be paying 40
per cent. and another the full tax.
Under my amendment all of the tax
would go to the municipality. The
cotlnty has never received a cent of
tax from the banks and they have
not asked for them. Why should we
impose upon them? Assemblyman
Dobb'ns opposed the Godfrey amend
ments. saying, We don't want the
bankers to agree to do anything
for us. We are here to pass the
laws and not to have them say what
they Will or will not do. The bankers
have gone broadcast through the
Legislature opposing tn S bill. Only
ten States in the Union have failed
to put a reasonable classification on
banks and compelled them to pay a
tax Every other State in the Union
pays tax at a local rate and the