The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1864-04-28
MORRuL'S TAX BILL.

letting ut tho Produce Exchange
Against Increased Taxation
meeting, convened by public advertisement, was
4 at the Produce Exchange, in whitehall street, al
past one O'Clock yesterday. Tho attendance was not
arge as was generally anticipated, thoush the anti
ationsts numerous enough about the Hobbies Of
room The general sentiment expressed was decidedly
TO increased taxation in any form, and more
tally it may bear upon the commercial brokers Of
city.
Ir. L. W. White was unanimously appointed President,
! Mr.. Charles Taylor Secretary.
IN calling the meeting TO order the CHAIRMAN said that
reading the Tax bill on Saturday last no sent 10 hY
nando Wood to INFORM him Of the injustice Of leyyipg
ry per cent on the earnings Of any class Of persons
ar. GEORGE MCGRArH, In the namo Of the committee
pointed to take preliminary action In this matter, re-
ted as foows:-
3fhe committee appointed at the meeting OF the prOvi.
brokers TO report the meeting Of The commercial
|Sokess what elect the proposed additional tax Of one
lar upon every one thousand dollars Of sales would
on the business OF tho provision brokers' report as
lows:-The provision brokers now pay AZ per cent
or 500 per anDum for license commercial brokers
ger cent on the carnngsR under 700, and 30
4 cent II over that BY the proposed amendment
ey will ray from 20 to 80 per cent their earnngs
which will DO paid by NO other class Of citizens,
which they think no legislator ever really Intended
ey sh uld pay It may appear irrelevant, and the
mmittee will therefore do NO moro than report on
fact, that all the goods sold BY provision brokers
We already paid one tax, and in taxes TO
government, before they reached the brokeSs hands.
10 tax is paid for slaughtering and every dealer who
akes.a profit on the product pays that But
important to remember that beside the TAX OF the
Tree or ten Per cent on his income resulting from sales
.he same property, and II is now proposed thai he
ball divide the remainder with tho government-n
me cases paying one fifth, insothers four Aftbs, OF
n bis earninss-as will appear by examination
the rates Of brokerage paid for tho sales Of pro-
esions These rates In all cases are an arbitrary
n wal n
re goods Sold and the sum Is frequently reduced by
pecial agreement, and on larger amounts 10 o stu
knaler arbitrary sum, which, In under the
opposed amendment, would all go 70 the government
he committee cannot believe that Congress will adopt
that any legislator intended TO propose any such
ieasure They think the amendment in question has
een drawn aud proposed inadvertently from ignorance OF
effect, and only necessary that the attention
e members be called 10 the subject 10 have the amend
cent modified.
Some discussion then took place in regard 70 probosi
bon that provision brokers should include grain Or kers
The CHAIRMAN said that this the Intention OF the
eport already given In
After desuory remarks Of no particular imrOr.
nce the meeting adjourned by general CONSENT 10 reas
emble at half past one O'Clock 10 day.
Meeting OF Importers OF Wines, Bran
dies, Sc.
In accordance with special invitation from number
leading firms engaged in the importation Of Wines
,randies, &C., meeting took place at No. 100 Wall
eet. at O'Clock yesterday afternoon, for the pur
Of taking action relative 10 the additional forty
,sut tax on all stock shipboard imported prior
o March 7. The invitation follows
NEW YORK, April ~, 1894.
I'VE, the undersigned, importers Of the city OF New
FORK beg To call special meeting OF all tho importers Of
vines brandes, &c, Mt early date as some suitable
place tho purpose Of taking united action in
ference to repeal Of that portion OF section Of
Inc act OF Congress- passed The h OF March last which
axes all brandies gins aud whskeys Of foreign impora
lion forty cents additional per gallon all stock ship
board and goods imported prior 70 7th Of March.
which is being collected ~ iAe Custom auhor.
|tcs 10 gold
P. W. Engs Sons, Thomas McNullen,
Coz. Ives, Peecher h co.,
Chas Iepymann, Schneider Heidlaun,
Reid yanderhorst Il Co., John Caswell Co.,
Barclay h. Livingston, John Osborn,
Henry c Schmidt Co., Wellington 4 Cox,
Schuchardt 4 Gerhard, Henry Leger.
About one hundred gentlemen assembled in opedience
ihs call and alter due consideration the whole matter
vas 70 erred special committee, with power 70 tara
such steps may be necessary 10 protect their interests
BY such legal proceedings as may DO deemed proper.
rhey will also confer with opportunities appointed by
OF any other foreign merchandise in regard to
he proposed and present tariff revenue tax, but
specially in relation TO goods 10 bonded warehouse or
shipboard. The following IL tho corntee referred TO
lbove:-P. W. Engs, j. b. wellington, John s Beecher
IJepau and w. NcCrackeD.