The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-06-16
via be rsdaoed 70 one-half penny o. penny in .he

When The INTRODUCED WIS
feared that public discomfort would find expression in
violent movement and that its officers would meet
with the reception as did their predecessors In
Eng and In 1877, but In this here grave mistake
made in the estimate Of the patriotic feelings of citi
zens. The Lac passed. Orders arrived from Wash.
ington Officials were appointed by government, and
New York acquesced in the regiDse and submitted
with implicit obedience TO the requirements OF the INST
Internal Revenue law of the United States Undoubt.
eddy many Of the clauses of the act embarrassing
and burdensome, but the people waited for the
good time TO make amends The section re-
curing tax on incomes over 5000 was gfeat
hardship, rs 1t fell heavest class OF people VINO
could but i'll afford TO pay ten or twenty dollars out OF
their scanty earnings great difficulty II must be az
mtted encountered la collecting this tax, the
great majority OF the proprieors Of small incomes
utterly ignorant Of the law and its details and believing
that where iglorance Is bliss It's folly TO be wise ala
not go TO especial pans TO study the financial laws
Of the United States But this Is changed now and tax
is only lowed incomes thousand dollars per
year. cxemptng also house rent, &C., ~ detailed in
another column. .G-1szlAA1- f'st
Under the act of 1862 each Congressional district
made collection district, and, therefore, the city OF
New York included the Fourth, Fifth, SIXTH Seventh
Eighth and Ninth but the Fourth district being un-
usually large and extensive apportoned and a
new district created There being In all thirty one Con-
gressiona districts in the State of New York. the new
one was called the Thirty second, which, as regards
manufactures and commercial transactions is about the
at No. = Cedar street, and Mr.. Sheridan Shook, an
efficient and experienced officer, is the collector.
The appointments in 1882 were as follows:-
DIST. COLLECTOR. ASSESSOR.
5th. Joseph Hoxie. steinbrenner.
9th. ............W VIM. orion. ..........C Cleveland
7th. B. Blake. Chas Bellows.
9Th ........... Geo. p. Putnam. Blescker.
9th. ........... Edgar Ketcham.. Franklin.
32nd ........... sheridan Shook. ..... Gilbert
The assessors all yet in Office, with the exception
of Mr. Stenbrenncr of the Fifth District who for po-
lica relieved, and succeeded by Mr.. Brew
err and Charles Believes OF the SEVENTH whose position
is filed by Mr. David Miller Among the collectors
there has been greater changing. In the Fourth Dis
trict Mr.. Mack was succeeded by j. f. Bailey. In the
Stvth u Enld tha ptoca af Mr. 0rtnu Tn tha
Seventh Mr. Boardman superseded Mr. Blake but his
nomination not being confirmed he rejected By the
Senate Mr.. Blake renominated, confirmed, and
appointed nominated to his former Office In the Eighth
Major l.. Harris nominated TO succeed Mr.. Putnam,
but his nomination was also rejected and Thomas r.
Smith the present incumbent received the nomination
which confirmed by the Senate. The next change
was in the Ninth District Mr.. ketcham removed
and General Thomas Crane received the nom-
nation, but, on rejection by the Senate, Thomas
O'Callaghan was nominated, confirmed and appointed
These officers all bear testimony to the manner in
which the tax received in this city, and that
collections and assessments went on as II the system had
been one q The oldest institutions in the country In
dissatisfaction and that tho objection that respect
able merchants and private citizens have to
--s.S-' PUBLICATION INCOME RETURNS.
In the first DAYS of the law In this city the assessors
objected allowing any persons to see the income re-
turns, deeming them made truthful only under the
pecation that they were to DO kept strictly secret
This arrangement however was upset by tho engineer
ing OF person in this city who procured letter from
the Commissioner at Washington to the Assessor OF the
question free to the books and from this
the practice Of publishing ncomes-a practice n1
to the revenue OF the country as Is annovng
private czens-harassing to class of traders and
totally runous to another In the very words by the
people of England on the self same subject nearly
ago. at led to nconvenient and unjust disclosures Of
property especially in the Of mercantile men, and
involved gross inequalities" The very same words
point the moral TO the case to-day And 70 prove
it instances be adduced In this very city where the
suit has been embarrassing runous Some
of good business capacities active sharp and strict.
thnfw.Nu
on the strength Of this reputation and their known
qualities procure credit and Stock from which,
nent in trade visits the assessors Office and finds out
that their income for last year was but thousand dol
lars, probably less. This Is published creditors
who become uneasy to customers who will not believe
In such poor firm; sales ended, credit is stopped
and ruin sweeps the foundation OF what may have
been yet Of the richest our midst. Again,
just take exactly opposite view and We find case
in point where, in Cincinnati year or ago, the
returns made public appeared the namo OF dry goods
represented as having made 600 profit The previous
year and paid tax on it or course their credit up
than months after they bankrups $500 0oO
and their assets where Many In this city to-
pay tax they cannot afford. and which burdens and
weighs them down from day to-day Another view A
merchant Of immense capital may, for sundy private
reasons, spend on his trade large sum Of money,
enough 10 absorb his years prohts He may
do il to increase his trade, to advertise it
push IL through a new district; or he
may try to put down opposition and sell at a loss
Tho result Is that the house derives future benefit from
this Of action but his for the ap-
pears on the books naught. He cannot will not
explain to the public the cause and the result Is is
whispered around his trade is gong to the dogs his
credit is injured and for months after he will be greatly
embarrassed. Merchants and others may also invest
money in private specuatons from which they expect
70 derive large income ana TINS income = the prem-
and hero again the labor OF the mind is deprecated In
value, for their dealings have to be Land bare before
others stupid to invent but quick enough follow
who rush In and lower the value of the scheme.
Publication OF the returns Is premium to unfair deal
ing and Injuries the very object which ii was intended
to promote The legitimate merchant. the honest store
keeper the true patriotic citizen who derives but small
income from his trade makes fair return to the govern
moat and pays his tax on 1t, whine the 'lag shyster
may make his $4,000 day the dewalk in
Wall The gambler with his rings diamonds and
the same, and opposite his name the returns
pear the words, ''Income none.n Then why not Keep
private the names and amounts Of those who do return
incomes, and publish only those well known characters
who write after their names the cheap and significant
word 'snonc.n
ANALYSIS OF INCOMES.
In looking the which have been published
in the HERALD within the last few weeks II will be
noticed that many OF the hitherto large incomes
come down considerably this yearthat tho end
ing 31st December 1866. In Instances gentlemen
whose for last year exceeded two hundred thou
sand for this fall far short OF hundred thousand
and many who figured previously for hundred thousand
or close II, appear this year midways between
thirty thousand and ifty thousand On the whole tho
large incomes are the only ones that have been affected
whilst the common wealth OF the district appears nearly
the same before. In the first division OF the Eighth
disrictthe wealthiest in the cty,he amount received
from tax incomes at ten per cent $s27 29 for
last year. and for this year. at only Ave per cent $780,
ia In the Eleventh. the smallest division OF the
district the figures are, 1866 item per cent? S29
1867 five per cent? $l750s4. These figures show that
the amount received for the two years past making
allowance for the change Of rate Of taxation has been
nearly the same.
In the first division OF the Eighth district twenty
returned Ity thousand dollars and under
one hundred thousand; five returned hundred
hons two var ~ a udrad
hundred thousand Tho thirteenth division Of the
same district gives fifteen fifty thousand dollars;
six hundred thousand aud one over two hun
that IL In the returns for 1907 The fifteenth and
tcenth divisions boast OF solitary income fifty
thousand, and the same over one hundred thousand.
Two other divisions send In three fifty thousand.
and tho remainder In this district have not been yet
published.
Tho Thirty second district sends In one representa-
tive for fifty thousand and the Fifth district Ave for the
same amount There are not certainly as many large