New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-02-07
MAYOR ADMITS
BUDGET WORRY
Tells Realty Men City
Faces Sl4,OOO,OOO Share
of Direct State Tax.
AT SEA ON PL ANS
TO MEET INCREASE
SAYS Real Estate Is Burdened 10
Limit-Denics That Income
ImpOSt Is Planned.

Almost one thousand members and
guests Of the Real Estate Board Of New
York last night a. the Waldorf heard
Mayor Mitchell and Controller Prcuder-
CAST aSSa'l the direct state tai meas
ure proposed IN the Legislature.
There is now great problem OF
nun cipsl government before ne, IS an
Executive. and before YOU real estate
men, a. = part OF the citizenship Of
New York We are soon 20 be called
upon 10 make budget for 1916, Sud
the prospect Of tins tax rs the cause Tor
alarm.
This has been estimated vsriously
81 from Sl5.OO0.O 600 % S22 900 600, and
o. this city pay 20 per cent OF the
taxes OF the state. 20 VIII mean that
spproN ins'ely Slf.0oo,00o will have 10
be written into 'ic 1910 budget l' the
measure Is approved
Mayor Mitchell SAID one O. three
courses must be contemplated TO cousi-
ize the effects Of this measure Vher the
budget is made UP next summer
We mus. either increase the 'aN
rate, develop some new sources OF rcNe-
nue.. OF reduce IN amount or character
the service the city government ), now
rendering The first ! am loath 90 do.
because ! am aware that real estate 8
row burdcned heavily enough, abolt IS
heavily as il can he.
Regarding the second plan, recently
made public OF taxing incomes above
s. 600. the Mayor said nothing had ye,
been proposed by the city government
But he told the roal estate men that
something must be done 10 permit the
city 10 carry the increased burden with
out increasing the present tax on real
estate
Tic defended the present sdm'nistra
ton As having made good its campaign
pledges o. programme o. strict bus
ness economy and the application Of
strict business principles 20 whole
field Of activities He also told Of the
increased 1918 budget, due TO Condl-
lions over which the Board Of estimate
had no control. and gave as reasons
Tor the raise the increase lu the Dc
partmcnt Of Education, an addition IN
account OF taxes declared by the board
TO be UncollCcted, and 4 larger debt
service. The last he added, was due
10 number Of bonds issued 70 pay for
public Improvements incurred by for
mer city administrations.
The people Of this city SAID Con
troler William A. PrendcrGsst. have
been unduly disturbed by the posi-
bnity Of the state tan. There are no
reliable figures upon which It's amount
can bespredicstcd. and its only JUSTIN
cation can he found in the fact that
the state has discovered that n cannot
finish the barge canal under the appro-
priation already made.
81 can discover no reason why the
CITY Of New York shall be asked 50 alb
ruptly 20 make up the Sl5,c0O,OO0 Or
SIG. 600 600 deficit Of the state. i all
the former appropriations for the
canal were made by htty-ycar bonds
why should the men az Albany now
turn TO a direct state tax,
The Controller urged tn" rccesslt, o.
New Workers uniting in action 'na'
would prevent this act being sanctioned
~ the Legislature. tic suggested that
the Senators ard Asscmbiymeu from
this city should not be made to assume
this unusual burden a. "a time when II
is not prepared TO face It.
Or. Laurence Mcclure. prcslden' Of
the board. pointed out that lu the last
wear real estate men had been treated
Coultcously by city officials. VINO mad
river the proper consideration 10 SIg-
gestions and recommendations. lie
also showed the evil effects OF creating
antaConism between tenant and land
ord. and said that the time was now
here when there should be the heart
rcSt cooperation between real estate
interests and the city and state gov
eminent
Among the guests 81 the dinner we're
George G. Boldt. Stewart Browne. City
Chamberlain Henry Brucrc, Wilbur {.
Fish. Judge Frank Hasbrouck. Franklin
Iettlt, Elbrldce 6. Snow. General LOUIS
". Stotcsbury and borough pres ldents.