The new North-west. [volume] (Deer Lodge, Mont.) 1869-1897, 1871-02-17

l. over ana not over S1U 1000
8. Over $50 and not over 500 .............. 4oa0
4 Over Sl0O. and not over $500. D............. A6tsS
s. Over $500. ........................ s9ss
Total number Of persons. ns..................s6',sl0 ',sl0
The collection of income tax on incomes
of 1860 were SEQ, $50, 600. The tax collect
ed on salaries was 81 ,109, ,526. These col.
lections were at the rute Of 5 per cent, with
the exemption at $1,000 The increase of
the exemption to 81, 900 releases TIC III, ,1cS
persons in tho first and secon1 classes, and
reduces the tax Of each OF the persons in
the other classes $50. The reduction also
applies to about $333, 900 Of the tax ON sal.
aries. These reductions are, in the aggrc.
gate, rs follows:
l. $50 persons, averaging s15.........s!,ssa 40
2 65,s1S persons averaging SO 0.......... aGc319l
g. 9GU7S persons tax reduced $50. .... -. Is0Li@o
L. Loss on salaries. ACKNOWLEDGEMENTS. 33OOW
Total reduction. n......................."Sa Sa3io,47O
Deducting this sum from SEQ, 1900 of
tax collected last year from incomes of in
dividuals, leaves s16,sO9, ,53O The rcluc>
tion of the rate of tax will reduce this sum
to $s,369, ,794. The average income tax COL
lected on dividends of banks and chartered
corporations is ss,771 ,Os7. The rate being
reduced to one.half what it has been will
reduce this to $4,3s5,54S The net result
will thus be shown:
Incomes from individuals. ........... ss615o,ooo
Incomes from corporations. ............... S71lOs7
Losses T:' $, 'nsS@:: "s?ss:: Of exempt s'''*
Losses ey isact9n 9ro% of s3
---Ss2, l30779
Estimated revenue for 1871 .......... sle, ,9osos
The Commissioner, however, docs not
think the returns will sustain this estimate.
The cost Of assessing and collecting this
diminished revenue remains substantially
the same as that of collecting last years
revenue. Regarding the evils Of the law as
more than counterbalancins the benefits, he
advises the repeal of the tax, and Of tho
whole machinery for collecting it.
How TO BORE HOLES IN GLAss.--Any
hard steel tool will cut glass with great fa-
cility when kept freely wet with camphor
well dissolved in turpcntine. A drill bow
may be used or even the hand alone. A
hole bored may be readily enlarged bya
round file. The ragged edges of glass vcs-
sells may also be thus easily smoothcd by
fiat file. Flat window glass can readily be
sawed by watch spring saw by aid of this
solution. In short, the most brittle glass
can be wrought almost as easily as brass by
the use of cutting tools kept constantly
moist with camphorized oil of turpentinc.
A NEW CHINESE CoMpos1rroN.-Dr.
Sherzer, an Australian officer at Pekin, has
sent to his government some specimens os
a Chinese composition called "Schioican"
which has the property of making wood
and other substances perfectly water.tight.
He says that he has seen in Pekin wooden
chests which had been to st. Petersburg
and had come back uninjured, and that tho
Chinese use the composition also for cov-
ering straw baskets, which are aftcrward
employed for carrying oil long distances.
Cardboard when covered with this COM
position, becomes as hard as wood, and
most wooden buildings in Pekin havea
coating of it. 1t consists of three parts of
blood, deprived of its fibrine, four of lime,
and little alum.