The Cambria freeman. [volume] (Ebensburg, Pa.) 1867-1938, 1876-09-29

| the 1st of Jaunary, 1862, and the incomes
| falling under It's operation were those ac-
! crrIiug from aGd after the said fst of Jan'y
! 1862. lncOme which bad accrued before
| that time was exempt from it's operation
| l do net Ibiok it necessary TO occupy
| much time or space in discussing ,be legal
! aspects of this iucome question or in sus.
! tanning the right of a citizen to receive aud
reta'u free from income tax moneys which
he bad already earned by bis owu labor in
| years when no i0come tax existed
The Iule on this subject was early declar-
ed and ptomugai ed by ,he internal reve-
nue depari ment i.self and is in full accord
! with these views.
| Ia 1868 Hon. George S. Bou; well, then
laie commissioners of Internal revenue. pre-
pared a manual of he Direct aod Excise
Tax System" which Nj. Secretary Chase
| officially approved and authorized
Under dae of May, 1865, the manual
con, aims up. 2II3, 214) the following decision
oy The commissioner of 10; ernal revenue
A merchants return of income should
cover the business of the year 1862, excluding
previous years.
Physicians and lawyers should include
| actual receipts for services ren'.ered in 1862,
together with an estimate of unrealiZed or
contingent income due to that year.
In view OF ,hese DECISIONS and official
iu>ti PC iocs Of the IN .ejual reveuue depalt-
mcut M. Tilder's income re.u,n rrr 1862
WIS made up SO thai. even f d ffeiel It
view had been expressed, Mr.. Tilden would
Stdnd completely jus'ifie But here is no
aui ho,iiy for auy d feIent view.
Wirh these preliminary observat ions,
| Will proceed 20 eXamiue he fdhr;caii ions of
the Times in detail. The following is a
copy Of The Times statement:
| THE FALSE INCOME RETURN OF SAMUEL
j. TILDES FOR 1862"
! 4 fac-simile of he Democratic Candidate s
| Affidavit, coulrasjed with several items of
| his Income-A convincing tlou gh iucom-
| plete showing, which copvicts Mr.. Tilden
| of perjury and of cheating the Govern
neut.
| INCoME OF 1862.
! Some UeinS OF the (dlieged) True Statement
| Fehruary 19Fee for Trustee ard
| Maser Commissioners Deed 10
| Purchasing Committee of Pitls-
burg, Fo,t Wayne aud Chicago
Railroad Company. $4,000
February 25-Fees aud expenses
with reference 10 Deed of Former
| Railroad Company, pursuant 10
order of Court PUsbmg. Fort
! Wayne aud Chicago Railro:d
Company ...... 1000
| Ma 1-For drafting, &c. FIRST
| Mortgage Deed of reconstructed
corporation, PitIsburg Fl. Wayne
| dhN tsnlc3.p 1OsllifOtti ttlD DthN-.- D,UUD
| March Fees Tor Secoud Mortgage
Deed Pi,isburg, Fort Wayne aud
! Chicago Railroad Company ......... $500
! March Fees for Third Mortgage
Deed Pittsburg, Fort Wayne aud
Chicago Railroad Company. 4,5OO
/ March 2-Fees for fual conveyance
To Railway Company, subject 10
the mortgages, Pittshurg, Fort
| Wayne and Chicago Railroad Com
pany. 5000
| j lUe l4-(1um bcI and Coal and Iron
Company ............-. 5000
! October 1I-Services to Second VI orf-
gage Bondholders of ST. Louis
| Alton and Terre Haute Railroad
! Company, as per affidavit........... 10000
NoVeiu ber G-SerViCes to First Mort
| gage BundhDlders of ST Louis,
! Alton aud Terre Haute Railroad
Comrany, as per affidavir....... 10, 600
! Decem Der 3I-Fees during year from
Chicago and Norihwestern Rail
road Company. ......... ................. 1000
| Fees during year from Tole,io and
Wabash Railroad Company y......... Il, 900
! Share Of bonds retained for services
| dhri"g year connected with
construction of Chicago and Alton
Railroad Compauy--...... ............ %, 900
| Salary as Trustee aud President of
| Balance d Dock Company. 49,. l ,000
To,al ................ 11O, ,OGG
| DEDUCT.
| For expeuses of Office re-
pairs and taxes. ............ Sc, 800
| For fees received, but not
earned in 1862. -.......1 . 900 - 10 000
! Net income on Democratic -
! Interpret alton of law ......... $50, 00C
! Net income rs sworn 10 by
/ NJ. Tilden ......... .............. 7,1lS
| Professional income frtudu-
| leuIy concealed. ............... 81 ,SS2
| SUMMARY.
| Amount. Amount of Tax
| Income subject 70 )
per ceut.. .......... $780, 900 S4, 459. 0t
! IbIpreSr rPturnpH
subject to three
| per ceut...... Ills 2I3.5i
! Portion OF unpaid
| debt 10 the gov
ernment........... i,o36. it
| EXAMINATION OF ITEMS.
| First H6m.-This is entered under daie
! of February 9. 1862, as Fee for trustees