The New York herald., 1870-01-15
A RAID ON The BROKERS.
The Internal Revenue Tax to be
Levied.
The Brokers Caving In-0ne Hundred
and Ihirty-three Suits Compromised
and Penalties Faid.

The long mooted question as TO tpe liability OF
brokers TO pay the tax OF one-twenteth OF one per
cent ON oil sales transacted by them had practical
solution yesterday. The point was FIRST raised nearly
year ago by the then OF the Thirty second
district when he Claimed that brokers liable
tax for all the sales transacted by them, whether
on their own behalf or In the interest or Others.
The matter was submitted 10 District Attorney
Pierrepont, who sustained the assessors view
OF the law, and on appeal to Commissioner
Delano that onhclal sustained Mr.. Pierre
points decision. Under these circumstances the
broker fraternity had to make o virtue Of
necessity, and yesterday Mr.. Webster, cxassessor.
and Mr. X. w. Andrews, counsel for the brokers.
called ut the District Attorneys oflce for the pur
pose OF making the necessary arrangements to com.
promise one hundred and eighteen suits which had
been commenced SONS time ago against recalcitrant
brokers. Although the tax on each may appear
small, the magnitude OF the transactions In which
these parties engaged Is such that Is estimated
that nearly ten millions or dollars can be annually
raised by proper enforcement OF the law regards
the tax upon the brokerage business.
Mr.. Phelps Assistant United States District Attor.
ney representing Mr.. Pierrepont, received Messrs.
Webster and Andrews. The former named gentle
man said that 133 brokers had settled the cases as
against thc and that lis others had expressed their
willingness to comply with the law.
The following named brokers have paid penalty
for non payment OF the tax, and have pledged them
selves 10 the observance OF the law In the future
Kamlah, Sam & Co., J. Nj. Hartshone 4 Bros, l..
7. Hoyt, X Nj. Ferris Bro., i. ID. Cobb n Co., Il.
l.. Cutting IL Co., A. Il. Rayies a. Co., WhIehouse &
Co., Harnott, Parker n Co., Edward Brandon Il Co.,
Belkman Bros. u lollins, John Bloodgood q Co.,
Gray, Prince Co., Deikaern, COX Ringers, Meyer
* Grcve, Weston & DC Billes G. ;. Sloane Co., q.
A. Cerys son, ClapD Garnett, s. Shoats Bro,
John McJansey W. II. Whittngham Howard
a.pssH ". Eerny, Ss" uaray arey'n searies ah o
81 A. Amour, Robert Lemeystcr, ives john
son d. 4. Boody, roster "A A Randall /, Caapen. bow
ton, q. Il. Ilord OBrlcn Brothers, Il. G. Florence,
Konert Walker, Hunter y Bros, Await Co.,
Gou.d. Strong 4 Co.. Rufus Hatch Co, }: A. un-
derw0od ~ son, Johnson & Day, Albert Frank 4
Bro, Farlee 4 Titus L. u. root, Rasmus y
% DanaaS Co. T Justn M g Co., i1i iiaii "Galn, BARR
y. Henry Smith, stead, stone Il Co., W. r. Travers
Newcomoe a Cook, 4. n. Il w. B. Laurance,
Kecnam Darker Gillespie, H. X. w lleox, Dater AZ
Tompson Gregore ~ Day. u. X. Morrison, Au-
gust acmSe5t Eugene IhompSion shuzresamp
George * Samuel Bovine Hoyt b Gardner,
Woloer. Co., Newton, Russell Co., Palmer.
& DC Forest +. H. Bukiey " Co., Pacher Bros, :
Fuier, lrcat d Co., NJ. w. Rodgers Co., A. u.
Wil!ams & Co., Carman & CO.. John Brownell Y
II Kook, benjamin y Dickinson. Bulge, Semi &
Co., Heath Il Co., Ialleck " Spauldng, KIDD Price
q CO., Lawrence Bros. ~ Co., De Long Dyatt,
| Louer d Co., Hutchinson " Bross, whitney
| a. wilson Adams klmbal Moore, Chapman Co.,
Swami Payson Jameson, Smtn COllong, John
Bonner Co.. Dean Mciunnes5 Co., d. z. Hays X
Co. II. NJ. ,ahoooe Co., De Cappelt, Rogers II Co.;
w. Il J. Taylor, Selres v. Miller, Il. 7. Il III. p.
Olcott, Moran & Could White, Morris 4 Co.; Brad.
iord stanton J. Newell & Co., Deafeld Fitch,
b. +. Lockwood, L. $. Munroc d Co., Thomas Reed
a. Co., Kobhlns Powell Co.. Perman Il Hoy,
White, De Fraiies Ratnbone, William H..
MotL ~ Co., 0rtney Dougherty, ). N. Perkins Co..
Z. t. ST. George, Cora IL Alderman, Marquand, Tlils
X Co., Iausslg, Fisher Co., GIston Busnig j. l..
Taylor IL Hooper, T. L. Walker. q. ii. kimDall j. Co..
H. a. BostwicX, Fanshaw Il Mulllgan Stout DICK
inson, Pulsan Raymond Co., Wadsworth il Co.,
maxwell Grcvcs, A. " H. Van Dyck