In Pursuit of Equal Taxation: Jersey City's Struggle Against Corporate Arrogance and Tax‐Dodging by the Railroad Trust

Eugene M. Tobin

American Journal of Economics and Sociology, 1975, vol. 34, issue 2, 213-224

Abstract: Abstract. Mark Fagan, progressive Republican who became Mayor of Jersey City in 1901, and his adviser, City Corporation Counsel George L. Record, both followers of Henry George, attempted to use taxation to break up the railroad trust and regulate the railroads. They believed that community wealth belonged to the people, whether it be land or franchises. Their efforts to achieve equal taxation made it a paramount state issue but it failed because the voters were not prepared to approve the social reorganization needed to overcome corporate arrogance and end corporate privilege. But to escape equal taxation the railroads accepted regulation.

Date: 1975
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