A Century in the Comptroller's Office, State of New York, 1797 to 1897Roberts, James A. (James Arthur)
History
A Century in the Comptroller's Office, State of New York, 1797 to 1897
Roberts, James A. (James Arthur)
Finance -- New York (State); New York (State) -- Biography; New York (State). Comptroller's Office
James W. Wadsworth, a gentleman farmer and Republican, from Geneseo,
became Comptroller January, 1, 1880, and was one of the youngest men who
have held the office. He had as a boy served with his father, the
gallant and lamented General James S. Wadsworth in the Civil War. He was
Member of Assembly from Livingston county in 1878 and 1879, and was
distinguished in the latter year as the only Republican in the
Legislature who would not vote for the return of Roscoe Conkling to the
United States Senate, and that, too, notwithstanding the fact that Mr.
Conkling had been duly nominated by a Republican caucus. Mr. Conkling
and he afterwards forgot differences and became quite warmly attached.
He ran again for Comptroller in 1885 but was defeated. He has faithfully
represented a discriminating constituency in the Forty-seventh,
Forty-eighth, Fifty-second, Fifty-third and Fifty-fourth Congresses, and
has been re-elected to the Fifty-fifth. Mr. Wadsworth took great
interest in the affairs of the office during his term, and his sterling
integrity and good judgment made him a most excellent officer. In 1880,
by chapter 100, the Comptroller was authorized to issue bonds in
anticipation of the State tax, payable on or before the fifteenth day of
May following, such bonds not to exceed in amount one-half of such tax.
It was necessary for Mr. Wadsworth to inaugurate the system of
collecting taxes on corporations. The original bill for that purpose was
passed in 1880. It has been amended from time to time, but the whole
duty of enforcing it has remained in the Comptroller. The number of
corporations taxed in 1881 was 954, and the amount collected
$1,539,864.27; the number in 1886 was 1,249, and the amount collected
$1,239,864.16. In 1892 there were 1,780 corporations paying, and the
amount collected was $1,430,719.86. In 1896 the number of corporations
was 4,401, and the amount collected was $2,165,610.12. The amount of
capital represented by these 4,401 corporations is believed to be fully
$766,000,000.
Mr. Wadsworth gave place on January 1, 1882, to Ira Davenport, a
capitalist and a Republican of Bath. Mr. Davenport had represented the
twenty-seventh district in the State Senate in 1878, 1879, 1880 and
1881, and was elected Comptroller over G. H. Lapham. He was defeated for
re-election as Comptroller by Alfred C. Chapin, November 6, 1883. In
1885, he received the Republican nomination for Governor, but was
defeated by David B. Hill. He was a member of the Forty-ninth and
Fiftieth Congresses. On March 1, 1883, the duty of auditing the canal
accounts, after having been performed for thirty-five years by a
separate officer--the Canal Auditor--was placed in the Comptroller's
office, where it still remains. The confidence which the Republican
party had shown in Comptroller Davenport was not misplaced. He was a man
of high character and attainments, and performed the duties of the
office of Comptroller with success.
[Illustration: M Davenport (signature)
Public-domain text, read in full here on John Shaqi.
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