New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-05-25

.uroyfefOn for the annual interest ana
sinking furd charges Of the state. the
Governor and tho Legislature have
bcrr asked 20 violate the constitution
and the cortrac-ual relations with per
sons who have bought state bonds.
r. place of making proper provision
for me arrronri.tiOus required 20 con
,,nue cana construction, | have been
urrcd 70 violate the Constitution ana
tho finance law q tho state by perm e
ting the creation Of a debt for TINS
rgrpose dependent for its liquidation
On The outcome Of referendum 70 ne
voted upon a. the next election, IN
stead of complying with the requlr
r,or.s - tho Constitution and making
his q charge against the general lunu'
with the attendant nccc ,lty Tor pro
,-.dira for its payment out Of genera
furd resources Irrespective OF my
own judgment on these suggcsuons'
each one has been submitted 20 fhe
Attorney General. who IS my legal ad-
wiser. and each has been rejected by
him as unlawful
NcAneny's Proposals.
or I'll the plans FOR avoiding TIE
necessity Tor direct tax. the most
rIauSlblc svas presented 20 me al q
i.-blic hearing By he Acting Mayor OF
Ncw York CITY. His suggestions, pre-
F-rted, I am sure, in perfect sincerl,y'
were: ,.
IL That the sinking fund charges
a. Sn.OgOO20.92 be levied directly upon
the county treasurers b. the state
Controller without legislative action;
,2I That the Appropriation OF 3d.
$4,000 for carrying out existing con
tracts for the barge canal should DC
financed with borrowed money;
49, That the indirect revenues OF the
current year will so far increase IN
the coming four months as to offset
The 100000 loss in the last eight
"A Tha- the Governor could cut out
8 10000 IN the Appropriation DIS IN
addition 10 the reductions already
Their FaIlacies.
wish to point out the fallacics n
+his programme. The first suggestion
does not avoid any part Of the difec'
tax. but merely provides a change III
the method of collecting It. The eitect
upon the people Of the state would ne
precisely the same in both cases. IN
fairness, must say that no clam was
made that this plan offered a means OIL
exouuting the people OF the STATE rom
paving sinking fund charges on thelI
bonds. f. purpose was to proVIoe
rav Of collecting the money in case l
should see my way clear 20 veto inc
SO b0O 600 direct tax. But | am ad-
,isad bv the Attorney General that
there are grave legal difficulties IN the
$100OD,0OO of the direct TAX
should be proved unneces any.
The second suggestion Is equally oD-
ioctiorablc. It is TO the effect that
Graft3 could be made upon the bonds
Of the J. r Stanley Estate Company
taken IN settlement with the suretes
of the Shanlcv-Morrissey Inc, on barge
canal contracts, which have been Ge-
faulted BIZ the contractors, when "a3
claimed lUon the argument before me-
"a agcrcgatc S1.s00,000. The answer
- .bts ie that the state owns no Such
bonds.
The third point. based on The Opt
r!istic view that the state can nahe
nm i'm four months what ITS lndlrec1
revenues lost in eight months, mas no
surport either on the books OF tHc
state Controller or any rcasohaO4e
financial expectation.
The fourth point was supported oy
cor~rete suggestions OF appropriations
10 be vetoed These suggestions IN
,olyed cutting out such prov $40" LOT
tho Increased population OF me State
in .tity.ious as ! have felt 20 be &oso-
lutelv necessary this year. inc lH-
c,itablo consequence OF sUeh spuI'0"'
ecoromv would be TO increase 70 an
i3buman degree the aiready SefIous
condition Of oyercrowdluB ana 10 IVIce
ont on parole many hundredS OF eau
ooro,,, ncrsons not cured Of their IN
Cannot Neglect Canals.
n the same way | have rejected me
20 deprive the canals OF
adc0uate funds for maintenance ana
oDoration. The state has an enormous
Investment in these canals an" neg
lcct Of them would mean a loss en-.
tircly out Of proportion 10 inc amount
rero:sary 20 keep them In ofGer.
Practically all OF the critIc'sn ana
and suggestions LOT IT,
legal budget making ana iaISe econ.
= t.vc come from the CITY OF Ne"
York. The subject OF me s5"'e Du"fe'
- - Great importance 20 the city be
~ 20 "a Nor cent Of the direct tax
rrcessary to finance ne state appIo-
priauous is raised "itnih we sI 80.
XIV and becomes an item III me city s
annual budget ..t,o,. ~ nv ou,n
should clear Their minus
~ the impression winch seems 70 pre-
vail that their share OF sl"tf VnP seI,os
mean ro"l;ze hat the expenditure Of
anu annropriations is returned 20
stdie app. ~. 20 tho extent Of their