, 1864-10-11
Tax ON SALES OF GRAM:
Should the Tax be Collected o3'8fmplo
TxHnAters OF t4ecrIpSs

A nrmeious1y attended meeting Of the grln
dealers and comnieeton merchants OF Chicago wAs
held yesterday afternoon Ut the Office OF Wheeler
&; Ltorard, for the purpose OF considering the
fact Of taxation on all sales Of grain, made by
lhem, to the amount Of ono-tenth Of one per ceat.
On the gross sales. The ta1 ~as generally coz
t1dcted grievance, ns 1t 1as considered that the
TAX " i'll 1ar exceed the total profits made oa the
annual transactions, whch arc not ifan.fers IN the
great majority Of coste. By invitation Mr. C. r.
Field, Clicl Clerk in the Office OF Assessor o. In.
te.nEl Revenue for this d1.ulct attended the meet
Col. J. H. Tuektr took the chsir, aud on motion
Mr. c. T. Wheeef rexd section r. Of the Internal
Revenue Law.
ten to the Commissioner on the suej-ct Of grain
ce claimed thHt under a etr1ct construction OF
that teetlen, they As grain dealers were not
III. Fad raid that be had written but not r.
Gently. They. however. did collect tax under
that section. from parties dealing IN grain on
Nj. Wheeler did no. zee how produces csuld bs
III assa q
Government was simply to collie. Tux on goods
| .Fsntierrd from onn place Of party TO another
Gram utalers only ctargtd their ownership OF re-
cxApta, which changed hands eomctimes a oiiea
rs len times in Gle session.
Ar. Scranton estt the Government had An In
practicable job en hand In attempting to collect
the ta3. as tuch collection woald ruin the brokers.
Mr. Field hso Io doubt that the operation OF
tie law wonlo be to rtop mere speculation. He
thought It vas not improbable that the C3mn1ts-
siolcr HoIld On proper representation from
The Board Of Tfadt. limit tho Tx 70 actual eAles
made. aid Lot collect when marquis only were
81 J. j. Richards naked how it vas tn tho Gaze
ii. Field Teplied that they rerc amenable to the
Iii. Eooblns referred to letter from party in
st, louis rho wing that as:eeEntH varied IN their
views on the subject ef taxation. He did no. enp.
pore 1t the intention Of the government 10 tax
ench uantactiobs AZ all.
The Chairman presumed that no gentleman
Crtse1t wGs iu1,tposed ~ afford cverr II dllty to
The Assererr. But ho tbosght lltue reelection
would convirce e1y one that il would be utt.1l5
imprnct3cahle to collect from the smaller dea1trs
nnng of whom made no record Of their r1aueac'
uGne, Tht.c the settled dealtfs wpcid alone be
slr. Scranton would propoes that committee
should be fent to Washington to confer With the
| br,to!it1ee On The subject
| Mr. LeaEy said that he presumed the suuomary
| of their annus} tlansact,0ps would nos nst the
amount Of The Tx demanded under. that consruc-
y Mr Field wst dispoeed to admit thst the tax f,ll
nnsqnally in that sase, and ne hae sowrtttea "a
| he'd 10 poWer to RheolEe from paymepL
MI. Goodyear arked Whist Eou1d ba done With
euttetune ope1atorr, men; who bad 70 once snd
kept 20 accounts, snu ut the same time ~ere re-
| troneible for the competition which keeps the
Estl et in tn excited condition.
! MF. Field replied tCat It would be 4 duty OF the
regular 10 repor. al eascs eomtnz under ths,l
tIo~ltoEe The PEI ally WIS two years imptis
| &nncrt md nne Of $500.
Iii. Wheeler taid that II the :ax were i1tiftcd
on II would be well for every re:ular operator u
ard IT. 10 tbe1stesst0r monthly statement OF .I
rnIchaset ato salea made by him; with The nanes
of The psHicA
The chairman ttated thai the 4I1n,le object o.
the meeting v.as to s+certain tho Construction o
the law, hn1 IT, pr4cticahthty.
Mf Ecrsutou nEked II the assessor tntooded Il
coliett for The hukiuerk 0f the lA-t lhree months
II 70, tL~fe void he great many arrests.
| Nr Field E1x 70 y ny ont OF IT, .
o. moljtn OF At-tfs Rc.ahtou. Hutchinson and
Wheeler. It VIZ dscio.s " ssco1aoasad 10 tue u
rtc.0;e Il the Board af Trade 70 etn6 a cJmntttci
uf ttree to WAxLtLgtsu - Golfer witt tae CON
1u,sxptl l4t:t3 u wss tte genefxl pppioa th It Il
wuu'd be ' Il, ~ Ask Nj. PAys or lit. Field 10 &C
Nf. Thtr!,5 SAID u would be eQualy proper II
On motion. OF Mr. kcTsnton. ammtttee %
| ihsee, conststlux Of Mrs.fa' Autckinsan, W1s.le
| ppd Leafy. vas appointed u most tho DFecsors Q
the Board ur Trade, sLd Sax lhen II teAn com
1nittee to Washington.
TIE nett!us the1 adjourned.