Note 1025 — Chapter XXXVI · CLEVELAND’S ENORMOUS MAJORITY 1881-2

The bill provided that the elevated railroad companies of New York should, in lieu of other public charges, pay a tax of four per cent. on their gross receipts. As first submitted the bill had the approval of the mayor and comptroller of the city, but after its modification they withdrew their approval and opposed its passage on the ground that it unjustly discriminated in favour of these particular corporations and deprived the city of a large amount of revenue.—Appleton's Cyclopædia, 1882, p. 600.