The evening world. Newspaper, November 30, 1915, Page 4

—— OOD RC) ED OD OED ER ED) TD EE 9), ED ED OES eee D> OD-O-Ree EE EE 2 Cee ee ee eee ' TAK NY. CORPORATIONS AS THEY 00 WN JERSEV 5 ON GROSS EARN How the Public Utilities Corpora-| tions Could Be Made to Carry a Fairer Share of the Tax Budget--- Could Be Effected by Amending the Franchise Tax Law. ‘The theory advanced by The Evening World that in justice to overtaxed real estate in this city, corporations, especially those dealing in public utilities, should be taxed on their gross earnings, has been called revolu- tionary and confiscatory. Well, right across the North River in the State ot New Jersey, which has never been accused of being unduly rude to corporations of any sort, there is levied and collected every year a tax of § per cent. on the gross earnings of street railway corporations, and this taxation system is satisfactory to the corporations and the people alike. The Evening World presents in this|to franchise taxes is made hy the article some startling figures showing! State. In Now Jersey, however, the how the New Jersey law taxing 6T08%/ Btate Board of Assessors apportions earnings would affect public utilities| the tax among the various taxing dis- corporations In this city. The Jersey) tricts of the State on the basis of & ayatem, which apportions all street! per cent. on the gross earnings, while yallway apecial franchise taxes to the/ in thie State, after the @tate Board of communities in which they arise In\Taxation has fixed @ valuation for proportion to the Jength of line IM) franobise tax purpowes, the rate le puch communities, as compared with| sybject to revision by muntoipalities the whole length of line, would b®/ or taxing districts, particularly beneficial to New York) 4 yoke IN NEW YORK) A PUBLIC “ty beca' most uttli- ig scnpowetions 2 Su ccamaatts BENEFIT IN JERGEY. operate entirely within the city Hmits.| As The Evening World has shown, the Special Franchise Tax Law ap- to the fact that special fran- nies tae are evaded, compromised, | piled to the public utilities corpora- juggled and subjected to strango| tions of this city as a joke Instead of forms of bookkeeping jiu jitsu, it ts) carrying out ite original purpose of impossible to figure with any degree) reaching corporations which could not of accuracy what addition the appli-| be reached otherwise it hae been so vation of the New Jersey law would/| twisted that it protects corporations yield to the city treasury. The| which might be reached otherwise. amount would run away up into the| The principle of taxation of pubilc millions and the most cherful pros-| utilities corporations in New York peot ebout the matter is thie—the city would get the money. ‘The New Jersey laws imposing a tax on the groas receipts of street ratl- way companies was passed in 1006 “nd the taxation rate for that year wae 2% per cen’. The rate was tn- creased % of 1 per cent. each year until 1910, when it reached 6 per cent., the maximum provided by the law. Aa ts the case with the New York Speciai Franchise Tax Law the In New Jersey street railway cor- porations are required to file before first Tuesday in May of each year statement signed and sworn to by tte One Smashing Blow Some folks go on for years wondering why they have headaches, nervousness, heart flutter, biliousness and various \ Coffee contains caffeine, a bavitocaing Cres. * The little doses repeated dally irritate the nerves, ly the heart, hinder digestion and work havoc generally with The le, easy way to smash coffee troubles at one blow is to quit the coffee and use OSTUM —the pure food-drink. ‘There's “nothing missed” with the change; and thousands have found it means a big step toward health and comfort. Postum is made of wheat and a bit of wholesome mo- lasece—has'a rich flavor, much like mild Java coffee, yet contains no drug or other harmful element. Postum comes in two forms; The original Postum Cereal requires boiling; Instant Postum is soluble—a level panacea 18. a cup of boiling water makes a delicious ly. Both kinds are equally delicious, and the cost per cup is about the same. Ten days off coffee and on Postum will show “There’s a Reason” sold by Grocers everywhere. Send 2c stamp for 5-cup sample. Postum Cereal Co., Ltd., Battle Creek, Mich, THE EVENING WORLD, TUESDAY, NOVEMBER 80, 1915. | a street, highwa: tee rtorsae Inve or wine suee! Freakish Costumes at Burlesque Fashion Show | esses ete we ne te cap To Be Given by Society Buds for New York Poor [taxation district bears to the length | of the whole line. | | In Now York the State collects « |franchise tax of one per cent. om the | ross earnings of corporations, and a tax on dividends exceeding specified figures. Thore ts a difference between @ franchise tax and a special franchise tax. The franchise tax is a payment for @ license to do business, issued by the State, said license carrying all the | Protective powet «* the State. A spe- cial franchise tax is founded on the same principle as @ tax on real ertate improvements. A special franchise tax jim this State te theoretically a tax | |"pon the improvements placed by public utilities corporations in public streets and public places, Through the interpretation piaced on the special franchise tax law by emi- nent counsel employed by corporations and less eminent counsel and statesmen employed by the alty and the State, the City of New York ts cheated out of millions of dollare of taxes every year. The application of the simple, direct and all embracing Now Jersey law tax- ing the gross receipts of public utilities corporations would do away with this cheating. HOW MILLIONS IN FRANCHISE TAXES ARE DODGED. Now to the consideration of « few concrete inatanoss of what would ha; pen to public utilities corporations and to taxpayers generally in thie city if New York should adopt the New Jersey law taxing much corporations 6 per cent. on their gross Teosipts ge examples were picked at ran- got The Third Avenue Road was as- seneed for special franchise purposes At $6,651,000 In 191¢—the reports for that year being the latest avafiabic. The tax rate in Manbattan tn 1914 was 0178, Hed the Third Avenue road paid full taxes on Its assessed valun- tion for epecial franchise purpose it would have turned over to the re- ceiver of taxes $116,786. But ft actu- ally paid into the city treasury for special franchise taxes for 1914 only $29,348. Under the New Jersey law the Third Mick MARGUERITE. da Buys as “FOLIES de JEUNESSE: Mess "GENE. re aERviCe PALMER “* “TEMPEST” ! like what !t would get under a law) mothods of street railway financiers ’ taxing gross receipts. jare watching to see how the Third TOKIO CHANGE CLOSED; Whenever the subject of taxing the Avenue dividend will be staved off aroma saraiags “ot” yunke aise son wseautteg it tae atreaton seer TRANSACTIONS CANCELED companies of this city le brought up| not eventually lead to a combination Avenue line would have been taxed |/0U4 cries arise from the corporations | with the tremendously waterlogged | 8 per cent. on ite gross receipts, whict: |‘bemeelves and from sources ostensi-| New York railways. Fictitious Prices, Due to War Pros- bly far from corporation influence, but| The whole system of bookkeeping iy, ‘Caime (Govier: ts the olty would have been $202,127, or|#tTansely in harmony with corpora-|in public utilities corporations is de~ penty, : coon Reks aE Reabnomayll Tongepledtowepe e~ ig omgionpesgter fro Mla eng tatniaae m attempts to & just share o: Gty Sedld Seve staeieea Ween: taration, “The burden of the erfee is| for evading taxes, If the State hed gre Nore We rantees ot the New York law if the full tax bag | {hat the public utilities corporationa| the power to tax gross earnings the | 510° ee took unprecedented of this alty—espectally the street rail- | assessors would not have to Interest |*ction to-day when they suspended way lnes—are so burdened with debt | themselves in bookkeeping intricacies, |Operations and canceled transactions that they are already unjustly op- ee oy PE Se owing to an exceedingly strong but pressed by taxation. TRIANGLE FIRE GIRL fictitious upward movement on wide fluctuations. ‘Tempestuous e: | KI INQ CORPORATIONS IN Fi- pest scenes NANCIAL STRAITS, LEAPS FROM A ROOF) ce section ment oF A Barety it is not the fault of the mill- War purchases by the allies have fons of cttisens of this compact, popu- caused a wave of prosperity all over lous and generous community that the|!ll and Despondent Because She! tne country which has been reflected street railway companies are in finan- Could Not Find Work, She he Meroe standard stocks Attempts Suicide. At to-day’s opening there was a clai atraite. But for the stock jobbing manipulations sath precy powers hysterical advance over yesterday's behind the public i. corpora-| Tene Schickler of No. close. tions every street railway line in the! street has a chance fo! city should be rolling in wealth. The| Gouverneur Hospital, after her at- tempt to die last night by jumping Third Avenue Railway is @ case in| rom the roof of her home, point. She is a survivor of the Triangle ‘This road, when it went into a re-| Waist Company fire in 1911, where F, W. Whitridge, was total wreck. | Gable five stories to mately. Reports are current in the financial| For four years Lena has sou po! Nf the district that under intelligent man- | Work as an operator, but has been u THEY DON'T PAY EVEN THE| agement the line is ravidly approach. | AUl¢ 9 Keep n Job long. Hor expert. JOK— TAXES IMPOSED, dividend-paytug basis. ner, and ce vee ill wa despondent. ‘The Union Ratlway in the Bronx,| The ordinary citizen naturally would wo weeks ago Lena was seized ne aver Petaeey ee that the prospect of the Third | Wt? a heavy cold, which rapidly ¢ 1914, was assessed for franchise tax purposes in that year at $3,868,400. ‘The Bronx taxation rate in 1914 was 0177, At that rate the Union Rallway should have paid the receiver of taxes earnings Of $26,0945%4, the eum of $1,345,226. ‘This amount !s about twice what the T. should have paid the city the law governing its asseas- ment, and about twelve times what B, R. T. actually paid the city. jattendent was aided by the patient's clere whose interests are closely allied | Pete A ain with street railway properties in the, Both ‘left the room a few minutes City of New York. afier 6 o'clock and returned to find alone the sum of $68,293. But it|°Tding to the reports current among didn't. The Union Ratiway paid into the oity treasury as special franchise tax only $26,461, or about 38 per cent, of the amount due under the law. Under the New Jersey law it would have paid $200,782, or almost three times as much as the New York law called for and almost sight times as much as the city actually received. ‘The Forty-second Street and St. Nicholas Avenue line bad gross earn- ings im 1914 of $1,871,460 and was as- sessed for special franchise purposes @t $3,781,000. At the Manhattan tax rate of .0178 this railway line should have paid to the city $6411. It didn't, All it paid was $18,726. At the rate of 6 per cent. on its gross earnings the company would have girl and caught her just after she had ciewel @Alh wlareks pushed him aside and made the leap For some strange reason the road- 4 if theatrical producers, came up yesterday Publio Service Commission hag been | P'*trict, Court | Objections were filed delayed by the company until an ap. by Lee Shubert. Judge Hough turned palling amount of it Is stacked up, the case over to Stanley hirgtpae Fortify the Children Against the Rigors of Winter With Plenty of —_ a | Fe arn nae re me mm es emmee e oe eR TWILL RIVE BURLESQUE. |MENRY MoSLER, ARTIST | | veloped into pneumonia, and for tl 9 ° 9 ° ° A Railroad reaching dividends ‘ W. & M d S t Large peie ts pmarearprore be aac rrraketaar gies omen s Isses lLallored Suits bankers and brokers, The prospect ie climbed through the scuttle She $30.00. Special for special franchise indebtedness} ite the contrary ts tho case, ac. | Lena gone from her bed. The brother Heretofore Sold at $24.00 to $1 8 50 . . . . . e actual comparison shows that they are exactly the same suits that way has been allowed to deteriorate! The application for a discharge from An Li A « Sats “4 that specialty and in certain eectiona Repair and re. |DAMKrupicy of Liebler & Co. the other large stores are selling et $27 to $35. They come from the same manu- construction work ordered by the | before Judge Hough tn the United States facturers who supply these stores, were all made after the same models, contain by the Shubert Theatrical Company and the same material and trimmings, and the same standards cf workmanship. aaa sig traders faraiting wich (ra ceagten in, bankruptcy, for examination I n Broadcloth, Gabardin 1, Whipcord. Trimmed with opossum. Sizes 16 to 42 bust. In Imported Corduroy—flare skating models, only in sizes suitable for misses and small women. I$ HOME, NEARLY WELL | Received Fr OF FASHION SHOW IN clured Siull in: Street | Was Doubtful . Snel } Two weeks ago éntertrg dhe Khtet Young Society Folk to Be Seen jerbocker Hosptai a tiaetured kun, nd expoe he Ten: in Weird Costumes at M 1a artist, seventy-four years fled every expectation surgery by re “Fete de Vanite.” 48 West Mighty-ninth ———— , almost entirely recovered, Following the dazzling fashion f saw my father after bis fetes that have been held for the, accldent T gave up he sald Dr, F beneft of war funds in the elty re. | Tl M He was unconscious cently, Mrs. Charles Dan: bson has There was no pulse. We thought ft e organized a burlesque fashion show, | matter of a few hours until his death to be known ns the ‘Fete de Vanite,” | But after a coma he regained which will open at the Ritz-Carlton |consciousness and has improved Dec, 1 and will be for the benefit of | daily.” the city’s own destitute. Mr. Mosler was the first American Costumes such as never before have /to seii a painting to France, His been seen on land or sea will be worn | "Prodi sold in 1879, Is in the Lars by some of New York's prettiest #o-|embourg Museum. fo also patnted clety buds with here and there young ire of Andrew H. Greene in men to help out the tableaux. | y Hall and the “Wedding Miss Marguerite de Buys will flash forward as “Follies de Junesse.” Talk n the ropolitan Museum anita! nhout a color riot! Her skirt ts yel- low, her bodice is green, her boota| REFUGEES MUST PAY UP. the same and her cap and stockings the yellowest orange silk that could es Seana . rowed by Americans Abroad, Miss Gene Palmer will appear as, WASHINGTON, Nov, 30.—Ameri- “Tempest” with a saucy sailor hat}can residents in Europe at the out- and a blowing skirt to carry the sug-| break of the war who borrowe:! gestion, ° money from the Government to ge Miss Mieda Quackenbush will ap-| home, and who have failed to repay pear as “Dons-a-Dos," Miss Gertrude | it, are elther “going to make good” or Iathrop and Somers Vreeland as| have a lot of trouble dodging the co! “Columbine and Pagliacci,” Mins | lector. William PRP, Malbura, Aassistan’ Marion Fuestman and E. Bigelow as|socretary. of the Treastry, arme: “Love and the May Pole,” Miss Helen | with a list of such delinquents, wen: Booth as “Bella Donna,” and Miss M. | to new = we, a — And 7 “ names in the hands of a collection W. Howard as “Divorce Evidence.” | Coency, with instructions to use every: Mrs. Gibson will be asalsted by Miss | evort to get back the money. Charlotte ner. Since the publication of the first ls: oo of names of delinquents onlv thirty persons have made good thelr indebted- HAWAII HEARS GERMANY, |hess. The records of the Treasurer’ +” — office show that about 6,000 notes, representing more than $200,000, still are outstanding oo HONOLULU, Nov. 30.—What Is sald| Dr, Greil to Tell of Ancona Sinking, to be @ record tn radto transmission was} ROME, Nov. 30.—Dr, Cecile L. Greil, established yesterday when an opera-|of New York, one of the survivors of tor for the Federal Wireless Telegraph |the steamer Ancona, is arranging to Company picked up messages being| deliver in the principal Italian towns transmitted from Nauen, Prussia, tol series of lectures on her dramatic expe- Tuckerton, N. J., approximately 9,000 es for the benefit of the Itallan miles away. The German operator was sending war itches, and the dots and dashes ered go clearly in the radio atation e e periagithe reeseh GIRL POISONED BY IODINE. of the system, caused by the reten- tion of waste products in the body, Martha Fricke, ten years old, «| these common complaints wi schoolgirl, of No. 189 Myrtle Avenue, |—Constipation, headaches, bilious- Weat New Brighton, was removed to| ness, dyspepsia, nausea and liver St. Vincent's Hospitel, at Livingston, | and bowel complaints. To free your- carly this morning suffering trom todine | aelf from these troubles use poisoning. Tho girl was suffering from @ tooth- ache last night and put the fodine into & her tooth, She swallowed some of the potson and later was found tn convul- sions, It 1s sald she will recover, GET A BOX TO-NIGHT. 10¢., 25¢. THE BOX U, 8. Collector W #200,000 Bor- Wire 2 Operator at Honotal Picks Up Message for Tackerton, Special Reductions in MANY FUR TRIMMED turned over to the city’as a special franchise tax $98,571, some $27,000 more than it should have paid under the New York law and more than f've times what it actually paid, Take the Manhattan “L," with ite immensely valuable rights, The Man- hattan “L” doesn't have to pay a franchise tax according to the law. It has persuaded the city to accept f tax on net earnings, and all it paid to the city in franchise taxes in 1914 was $64,000, Only $54,000 for the privilege of annexing gross earnings of $15,96: Under the provisions of the New Jer- sey law the Manhattan “L" would have patd the city $7! which sum there js more appearance of nourishment than lingers in the vicinity of $54,000, The Consolidated Gas Company Was asked to pay the elty $341,450 in special franchise taxes In 1914, and the Consolidated Gas Company po- litely but firmly refused, If the New Jersey law were in effect the Con- solidated Gas Company would have pald just about three times $341,650, oF, to be exact, $1,048,584, These few eximples iMustrate clearly that the city doesn’t get what GOOD, SAFE MILK ATURE went the limit in producing Milk. It is the one food product that nature offers that te in itself a complete, bal- anced food. It provides the elements needed to induce normal growth in a more easily assimilated form thao any other food we "BORDENS is the best milk value you can buy. CALL ANY BORDEN WAGON. BAD BREATH Dr.Edwards’ Olive Tablets Get at the Cause and Remove It. Dr. Bawards’ Olive Tablets, the substt- tute for calomel, act gently on the bowels and positively do the work People affitcted with bad bi find Baw. Olive ear-coated tab h by all who TIT EC Tablets, The pleasunt, it taken for bad bi krow them, Dr, Edwards’ Olive but firmly on the bow ulating them te natu the blood and gently pu ayatem, They @0 that which y of the bad af diets act gently ad liver, atim- ot 4 liver complaint with the attendant bad breath, br. Bal Olive ‘Tablets are purely jompound mixed with olive know them by their olive ° ‘Take one or two every night for a week and note the effect, 100 and 250 per box. Al drug The Olive Tablet Company, Columbus, O. SUNDAY WORLD “WANTS” WORK MONDAY WONDERS it should get under the existing New | York law, and doesn’t got anything IS ~ == A WOMAN WEICLING 210- TESTING MISS FURLONGS EXERCISES TO REGAIN HER FIGURE = S SEE. START or THE SERIES We wayyy