The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1869-11-24


antee for the permanent good order OF society Ny
Lord Mayor before sitting down have task to
perform which Is In The highest degree pleasing and
satisfactory TO me. l have to ask this company TO
drink to the health OF its representative chief
magistrate. ask you as citizens of London to re-
cognize both IN the person Of the Lord Mayor
whom you have chosen and in his situation dtting
object Tor your respectful acknowledgment. And
have particular satisfaction in discharging myself
OF an oll1ce which has been committed by her
Majesty to my unworthy hands All your memories
are full OF the great celebration Of Saturday, and
have received q special commission from the Queen
to state to the Lord Mayor and citizens Of Lon
don that no words could be too strong convey TO
their minds the qualification which she has derived
from the magnificent receptiOn-as she has been
pleased TO term itthat you gave to her on the oc-
caslon OF her visit to this ancient and loyal city.
wen know how these sentiments will call forth an
echo fromthe breast OF every one or you. l rejoice
to think that have the privilege OF proposing the
health OF the chief magistrate OF this the most an
Gent and the greatest corporation of the world not
only on the solemn day OF Its annual festival, but at
the very moment when 1t has had an opportunity OF
displaying It's loyalty III the best possible form, by
rendering homage to one OF the best and most
benefcent sovereigns that ever occupied the hro ne
OF TINS or any other country. cloud cheers) give
you 'Tne Health OF the Lord Mayor" (Cneers)
The Income Tax Revenue and Personal
itesources-s,Old Wealth Of the United
Kingdom.
The British journals In their analysis OF the income
tax revenue returns of the government show that
year after year in the kingdom the number OF per-
sons charged to the tax under schedule d. the sched
ule for profits OF professions, trades and employ
ments, becomes larger and larger, aud the incomes
charged with the tax are greater and greater In
the three financial years ending respectively on the
5th Of April 1865, 1866 and 1867 tine number OF per-
sons charged under this schedule IN England lin
GLIDING Wales) was 207.iS1 $40 1885, and 1926 264 re.
spectlvely; IN Scotland $780, 275 and $50; In
Ireland lSosl 11699 and 10, 400 making the total for
the united Kingdom IN the three years $50, 512
365So9 and 1852 respectively. The total amount
OF income charged with the tax under this schedule
IN the three years--in England was COZ. 6se, 7ol
flO 9OS 3O2 and f04 492 643 respectively: IN Scot
land, 9,799,o26, f1o,942,s57 and fl1.036. 52s; In
Ireland "a f5 2se $50 and f5 406, 36s making
f10 1885, 766, f12O 147, sos and $780, 527 respec.
lively. The decrease in the amount charged with
the tax In 1861 Is an apparent decrease, arising
from the course first adopted In that year OF eXcud
ing from this return the income OF public companies,
&C., and restricting 1t to incomes OF individual per-
sons. The income charged with the tax, but thus
excluded from this return for the financial year
lse5oe7, amounted to fl3362,9oS In England.
El,O04.s7S IN Scotland, s52oo97 IN Ireland, being
income charged with the tax in lS66-67 greater
than that charged IN either OF the two preceding
sia,oil Sol in Scotland s5ssS4Ss IN irsiand
making making fi25 sss,5o7 for the United Kingdom.
mines, iron works. &C., transferred ID aud
since the year ls66s7 from schedule to schedule D.
But stu restricting our statements to the income
or individual persons charged with income tax I'M
der Schedule d, find that the returns for the
financial year 1S66-67 show an average income for
the persons charged OF rather more than 600 in
England rather more than f2s5 in Scotland, rather
more than f277 IN Ireland; in the whole United
Kingdom the average for the $685. ASP persons charged
under this schedule ION incomes amounting to
clio, 1885, 620 was rather more than f239 each. The
difference in the average for the three kingdoms Is
small A difference Is to De found rather in the
number OF persons paying the tax than in the
average amount paid. Taking the Registrar Gen.
erals estimate Of population. we find that IN the
financial year l566.bl income tax under Schedule ID
was charged in the United Kingdom on about one
In every seventy-eight persons: but IN England 1t
was charged on about one In every slxty-fve per.
sons III Scotland on about one IN elghty-twO,
IN Ireland on only one In about 2s6 persons.
As the return for the financial year 1S6d-s the first
which has been restricted 10 lnddual persons paying
the tax. excluding companies, comparison In
detail between that and previous year would not
always afford correct result though 1t is chiefly
the classes OF income above "a, 900 that affected
by the exclusion of companies; but the return for
lS66-67 possesses special interest from its being
strictly account OF the income OF individual per-
sons 1t shows tnat In that year income tax was
charged in England on 49, 7l9 persons having incomes
not exceeding fl00 chargeab.e under schedule D
with, we presume other sources OF income as
rents shares IN companies, &C.. bringing them
within the purview OF the income tax-thelr
united incomes chargeabe under this schedule
amounting to f2,s5s, 7so; IN Scotland on 1926
persons with incomes under El00, amounting
TO 1885, 1902: In Ireland on 62S such persons with
incomes, amounting TO El72 1872. With incomes
OF fl00 and under GOO year there were charged
IN England and in Wales no less than lo5777
persons (half the entire number charged under this
schedue), but their united incomes amounted to
only fll059 $780, in Scotland only H. 094 persons with
Incomes amounting to fl073, o62 in ireland 1892
persons again half the entire number, with
incomes amounting to fs2429s. With incomes OF
f200 and under $500, AZ, $50 persons eharg ed
IN England, the incomes amounting to s1O, l37;
IN Scotland, 1878 persons with ESQ.,, 775; In Ireland
2,649 persons, with f5S6,422. With 1900 and under
Ei00, 20 22 persons In England with s6, 1856 1885, in
Scotland 1872 persons, It'll 1859, 139; In IRELAND
1909 persons, with f3S5, $780, With f400 and under
f500, 10,l49 persons In England with "a 22S 941 in
scotland e85 persons, with 1858; In Ireland 607
nnhu pglA
1907 persons In England, with f4,0o6, ADJ; In Scot
land sl3 persons, with f423,606 in Ireland, IA per-
sons, with f2lS, $780, With f60o ana under $700 in
England 4,i65 persons, with 92242, 431; In Scotland
469 persons with f292, In Ireland 227 per-
sons, with fl7o, 100. With f700 and under $780, in
England, 2764 persons, with E2 OIL $780, in Scotland
323 persons with E23s 005; IN Ireland, l43 persons
with fl03,ls2. With fs00 ana under f9oo In Eng
land. 439 persons, with fl $685. $685. IN Scotland 266
persons, with Ell, 24l; IN Ireland, las persons with
flOS,303 With 1000 and under 1000. In England
so2 persons with s3l $685. In Scotland, 1874 persons
with fl2)995; In Ireland, So persons, with f7S 064
With $1,000 and under ~. 900, in England 1927 per-
sons, with 20, Az; In Scotland SOD PERSONS with
fl105 in Ireland, 4O7 persons. with t5l2 Ill with
$4,000 and under $4,000 In England 2,202 persons
with G4.9e10o9; In Scotland, 272 porsons with
1904, 9S5; In ireland, 124 persons, with f2ss,o Win
f3,0oo and under GA. 000 In England, l,0S5 persons
with Ala; in scotland, las persons with
s452, $50; IN Ireland 81 persons with fl66 AL. With
$4,000 and under $4,000, In England 572 persons with
e. sol,1ao in scotland, IL persons, with f3l0 $50;
IN Ireland Il persons, with f99I5. With 60 600 and
under 10000 In England 1853 persons. with
fB3s.4sl In Scotland 1866 persons, with g. DBL 72l
In Ireland 50 persons with f364, 7Y9 With fl0, goo
and under 100000 In England 702 persons with
fl2, 440,6ls; in Scotland 1O4 persons, with
ti,pos6l4; In Ireland 40 persons, with ELL, O6l.
Last come the few, still more wealthy with incomes
of 100000 or upwards In England there "a per.
soma wltl CA, S94, 694; In Scotland persons with
f5682O7; IN Ireland persons with f299, 42O The
amount OF income tax assessed on these taxpayers
mot including companes was 81 S4s, 7yl In ls67-87
year In winch the tax was at fourpence In the
pound on incomes above f10O, subject to the aDate-
ment OF 900 from incomes under goo; II, 574, 74e
was assessed IN England, fl539 In Scotland
&s0,l03 in Ireland. The whole amount OF income
tax assessed under schedule ID, including compa.
mes profits and the profits OF Mines lronworks,
&c, was G2,63s.059, being large proportion OF the
f5922,ol3 assessed under all the schedules
TeIegraphing from India.
From the Pail Mall Gazette Nov Ill
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