Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1871-04-06
THE RUTLAND HERALD
TUESDAY, APRIL 8, 1871.
The Income Tax.


Commissioner Pleasanton weltes TO 81.
nervisor butcher of New York,as follows:
Tn the letter addressed to you on the I'D
inst. you were instructed that In making
.ho;r animal income returns taxpayers
sbould net be required to include the
amounts received as dividends, interest or
coupons from any of the corporations
mentioned in sections 100 and 1879 OF the
act of June 30, 1864, as amended, except
the interest allowed or paid TO oeposi'ors
in savings banks, or savings institutions,
even though no tax had been withheld
therefrom. You are now instructed that
the same principle should be applied in
assessing the income eff officers and en-
plo7es of the United States, and also that
of Senators, Representatives. and Dele
gates in Congress, from whose pay or sal
aries a tax of five per cent. has been with
held continuously since December 81,
1869, and that in making their income
returns they should not be required to in
pay or salary from the United States du-
ring the last five months OF 1870, even
though no tax HIS been withheld there
from.
You are further advised that persons
whose gross income during the year 1870,
estimated in United States currency, did
not exceed $4,000, are not required to
make any income returns, nor need they
make any affidavits showing that their
gross income did not exceed the sum
above }med.
TROY BRIDGE BuID-A bill is pending
before the New York Legislature for
bridge across the Hudson River at Troy
from the south part of the city. hear
ing was had, on Thursday last, before the
Senate committee. 1t is claimed that the
navigation of the Hudson at this point
would be ruined by bridge. Mr.. Furs-
man, one of the counsel, described the
river basin, and showed that tugs with
tows and steamboats, could not come
above the bridge, for the reason that if
moving down stream, any railroad train
by giving the signal had become entitled
to the right of way, there was not room
enough for them to stop, and the result
would be that they would have to bring
up against the piers or be run aground.
The river at this point, he said, was only
eight hundred feet wide, and the distance
between the proposed bridge and the
bridge Of the Rensselaer, & Saratoga Rail-
road Company less than a mile, and
good art of that space taken up by Star
bucks island Seven-tenths of the tom
mage Of the Erie and Champlaiu canals
enters the Hudson river at Troy, and if
tbis bridge is tuilt this commerce would
have To re-, k ssnew outlet. Mr.sFursmap
also referred to the bill repeating the I'll
oondproga ferry hill on the ground that a
bridge over Lake Chsmplain would injure
the navigation of that lake. Ninety one
hundredths Of the lake tonnage enters the
Hudson ut Troy, and would be injured
quite as much by bridge here as across
the lake. Mr.. Macarthur insisted that
there was pubic necessity for the bridge.
The consumption of coal in New York
State annually was 100000 tons, 100000
of which came to Troy. bridge would
give quick transit and cheap facilities for
getting coal from the mines to this great
market 1t ia believed the committee
will report the bill favorably.