The History of Tammany Hall: Second EditionMyers, Gustavus
History
The History of Tammany Hall: Second Edition
Myers, Gustavus
New York (N.Y.) -- Politics and government; Tammany Hall (Political organization)
The almost complete extinction of national party lines under Monroe
caused the disappearance of violent partizan recriminations and brought
municipal affairs more to public attention. From 1817 onward public
bodies agitated much more forcibly and persistently than before for
the correction of certain local evils. Chief among these were the high
taxes. In 1817 the city tax levy was $180,000; in 1818 it rose to
$250,000, “an enormous amount,” one newspaper said. Though the city
received annually $200,000 in rents from houses and lots, for wharves,
slips and piers, and also a considerable amount from fines, yet there
was a constantly increasing deficit. The city expenses were thought
to be too slight to devour the ordinary revenue. The Democratic, or
Tammany, officials made attempts to explain that much of the debt was
contracted under Federalist Common Councils, and said that sufficient
money must be provided or “the poor would starve.”
At almost the identical time this plea was entered, E. C. Genet
was laying before the Grand Jury a statement to this effect: that
although it was known that the aggregate capital of the incorporated
banks, insurance and commission companies in New York City, exclusive
of one branch of the United States Bank, amounted in 1817 to about
$22,000,000, in addition to the shares in those companies, yet the city
and States taxes combined “on all that vast personal estate in New York
City are only a paltry $97,000.”
The explanation of the blindness of the Wigwam officials to the escape
of the rich from taxation is simple. The Tammany Hall of 1818 was not
the Tammany Hall of 1800. In that interval the poor young men who once
had to club together in order to vote had become directors in banking,
insurance and various other corporations, which as members of the
Legislature or as city officials they themselves had helped to form.
Being such, they exerted all the influence of their political machinery
to save their property from taxation. From about 1805 to 1837 Tammany
Hall was ruled directly by about one-third bankers, one-third merchants
and the remaining third politicians of various pursuits. The masses
formed--except at rare times--the easily wielded body. The leaders
safeguarded their own interests at every point, however they might
profess at election times an abhorrence of the aristocracy; and the
Grand Jury being of them, ignored Genet’s complaint.
Public-domain text, read in full here on John Shaqi.
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