Municipal government -- United States; Political corruption -- United States
No wonder the leaders are all rich; no wonder so many more Tammany men
are rich than are the leaders in any other town; no wonder Tammany is
liberal in its division of the graft. Croker took the best and the
safest of it, and he accepted shares in others. He was “in on the Wall
Street end,” and the Tammany clique of financiers have knocked down and
bought up at low prices Manhattan Railway stock by threats of the city’s
power over the road; they have been let in on Metropolitan deals and on
the Third Avenue Railroad grab; the Ice trust is a Tammany trust; they
have banks and trust companies, and through the New York Realty Company
are forcing alliances with such financial groups as that of the Standard
Oil Company. Croker shared in these deals and businesses. He sold
judgeships, taking his pay in the form of contributions to the Tammany
campaign fund, of which he was treasurer, and he had the judges take
from the regular real estate exchange all the enormous real estate
business that passed through the courts, and give it to an exchange
connected with the real estate business of his firm, Peter F. Meyer &
Co. This alone would maintain a ducal estate in England. But his real
estate business was greater than that. It had extraordinary legal
facilities, the free advertising of abuse, the prestige of political
privilege, all of which brought in trade; and it had advance information
and followed, with profitable deals, great public improvements.
Though Croker said he worked for his own pockets all the time, and did
take the best of the graft, he was not “hoggish.” Some of the richest
graft in the city is in the Department of Buildings: $100,000,000 a year
goes into building operations in New York. All of this, from out-houses
to sky-scrapers, is subject to very precise laws and regulations, most
of them wise, some impossible. The Building Department has the
enforcement of these; it passes upon all construction, private and
public, at all stages, from plan-making to actual completion; and can
cause not only “unavoidable delay,” but can wink at most profitable
violations. Architects and builders had to stand in with the department.
They called on the right man and they settled on a scale which was not
fixed, but which generally was on the basis of the department’s estimate
of a fair half of the value of the saving in time or bad material. This
brought in at least a banker’s percentage on one hundred millions a
year. Croker, so far as I can make out, took none of this! it was let
out to other leaders and was their own graft.
Public-domain text, read in full here on John Shaqi.
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