New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-05-07
ouuers Grasped Chance
act Week TO Protest on
Tax Date Measure.
orSoIUTION GIVEN
TO MAYOR mitchell
PEAL Estate Board Tells why
II opposes Pay-as-You-
Go Bill.

,..,,v organizations we're well rep
..,.5 last week at the public hear
=, four bills on Wednesday and
-,~,,dsv before Mayor Mitchell
,,... were the bills euacting the pay
,,.you-eo policy into law. for chang
-. date for payment Of taxes and
arranging the methods for the
.,.,.sment and collection Of taxes
:. Giving q wider jurisdiction to the
..uri.sioner Of Water Supply, Gas
- Electricity for metering buildings:
- for creating a department OF
,snt and structures.
Tbs bin for moving forward the tax
les was opposed not merely oy
.,ooerty interests, but also by elylc
.,,6ria;iors. Robert Walton Goeiet
- Alfred Z. Marling appeared for
- ADVISORY Council Of Real Estate
i.tsrssts. Robert r. Bowling and j..
n N Mcclure for the Real Estate
Y.,-d. Stewart Browne. DR.. Abraham
Torn Dr.. Henry Burg. Thomas hrek-
elsr, ano UeQtse " o l,o1-oSoi -
United Reai hs'',e O|Iel AS\o'' :,
Ton; A. L. tle! 1eiI, lot ."e 49,
Tax Reform AssociAuoh' W. H. 'iIi-
,,r for Wood. Harmon & Company;
n z Youker for the Citizens Onlon;
rsror,e Tanenbaum. for TanenbGum,
strauss & Company Martin SAKE, Tor
,ss state Tax Commission. and Law
cor Purdy, for the local Tax Board.
The opposition. on behalf o. real eS-
ate owners, was opened by hooe't
Walton Goelet Of The ADVISORY Coun.
dl: and Laurence -. ID. NcGure, OF
he Real Estate Board, who arranged
.,r the order .n which the speakers
vould appcar. Most Of the orCanlza-
-o,s named opposad the pay-as-you-
ii no'icv
IN relation 20 the be-. .or eracting
10 nav-as-you-co policy 81. following
resolution was presented lv the Real
Estate Board 70 Mayor Mitchell and
forwarded % Governor Whitman:
Whereas, Senate Bill, Int. 69S. As
ssmblv Rec. No. 82q. for cractinr into
i.w the so-cslloJ psv-as-vou-co policv.
s5o,te5 nv resoirt,or bv the Rosrd Of
rs.i-r.te :, c.,.or-bov 1o1t hos Dassed
18th borses NJ lie Te0islqture and
Wberess II This hin becomes "a law.
u would mean writing into the budget
annually In. succeeding wears up 20
iele from one-ouarter 10 all of the
cost Of non-self-suDDOrting public inn
provements,
Resolved, That the Real Estate Board
Of New YORK emphasize 20 the Mayer
and 20 the Governor. ia the strongest
possible terms, It's opposition TO this
BIN. and urge that this bill be vetoed
.0r the following reasons:
The budgets for 1915 and 1916 were,
pacIyely, S2l0000 600 and S212,oOO,-
N The tax rate In 1916 ranged from
-0i DO the Borough Of Manhattan TO
.li in The Borough Of Richmond. The
ug OF government, aside from the
cost Of carrying out recently enacted
abor and fire prevention laws. has in
recent years cntailed upon taxpayers
4 eorrespondinrlv large outlay taken
ron incomes on real estate.
To make 10 obligatory for the Board
q Estimate 10 add the large sums nee
sSary % carry ont the policy pro-
Dsed Will bring the budget, the taN
l,e and the cost TO Individual tax
uyers up 90 point which would ex-
l. more than real property can stand
% The way of taxes. This must ulti-
rltelv react d'sastrouslv on the city
.irouch lbs effect on real estate values.
To emphasize thisit need onlv be men
aosed that there will bo needed i'm the
near future amounts for non-seIf-sup-
porting improvements estimated az be-
tween ST. 100000 and s2O.OOO.OOO. The
isbt service on account of the enor-
~ous eo~7,i+rcrfs Ia which the citv
obli~.+o4 r,n.. ;rcreeso from wear
% ves~ r,i- ~ H. Lr1-ct can he