The Democratic press. [volume] (Ravenna, O. [Ohio]) 1868-1901, 1876-09-07
MIR. TILDEN'S INCOME.


l ID.
for the most atrociUus partisan libef
ever uttered. In charging Governor
Tilden with being a perjurer it has
transcended Athe-most common rules
of decency, and advertised itself will
ing to perpetrate the most monstreus
injustice, in the interest OF unblushing
vilIainy. The Times says:
{ = IL his enswcrte theeomplsintin in the eirenit
Court of thc United states IN the suit Oft est.
Louis, Alton and Tcrre Hautc Railroad Com-
was fled recently. Mr. IIlden swore on oath as
THAT for such services the defendant Til
| den made Is Charge of Thousand dollars
against second mortgage bondhoiders, and said
on .h, .hs sts ase Of
Tlldsn. for part OF Ais s<rsiees aforesaid. aiso
made u charge of the like sum of ten thOusan l
do. lars ON account OF ional services rem
deredto the first mortgage bondholders and the
which was paid to a,% % 1SaS Sg the nsy ss
| mcnt appcars Under date OF November Z. lara
said. us having been accepted for by the sa id
| Tildcn, On acc punt OF professional seffices- =
The Times says: TN
"On Dec. H6, 1868, Mr.. Tilden swore
to. return. under oath. in which he
| said:
az hereby certify that the following is a true
and JaitA nl statement Of the gains, profits or in
| come Of Samuel j. Iilden. OF the CIT, oI New
y ork whether derived from any kind of prop
eity. rents interests, dividends, salary. or from
S op ro, anS source from Is. day
OF january. to 3lst day OF tlecember. ieI2 buth
days inclusiyely. and snlject to an income taD
under tile Excise Laws Of the United oLAtes.
Income from all sources, $7.llS ~ +.t Iti,.
1t will be observed that this affida7
Wit gives " a true and faithful state
ment of the gains, profit or income of
Samuel j. TiIden from the
lst day OF, January to the lst day OF
December, 1862, both days inclusive,
subject to an income tar.
Now, what gains OF Mr.. Tilden were
{. subject to an income tax that year !?
Charles N. Emerson, lawyer, and
A ssessor for the Tenth Massachusetts
District, in his "lnternaI Revenue
Guide" at page 1872 Lawy ers aud
physicians may return either the actu-
al tees received during the year, W ith-
out regard to time when they accrued,
or the amounts due to the business of
the year. But when the taxpayer has
heretofore adopted one method he can
not now be allowed 10 make use Of
The other"
COMMISSIONER Lewis decided that
" q merchants return of income should
cover the business OF the year 1862, ex-
Guiding the previous years. Uncol-
lected accounts must be Estimated"
and that 1" physicians and lawyers
should include the actual receipts for
services rendered in 1862, together
with All estimate of the unrealized OF,
contingent income due to that year. !"
(Redfield's Handbook of the United
States Tax Law, p 1860 tE ,.l'' is"tH 2
An examination o. the Internal Rev
enue Law will satisfy any enc that
these official interpretations were full
by warranted. 1t is plain common
sense, also, chat ne man Ought to have
been compelled to- pay amrinc0me on
receipts for services rendered before
the act went into effect. That would
have been to COMPEL every man who
had failed TO receive his dues for Sc
ries of years to pay an income tax
thereon, while great portion of the
public only paid Ior gains of the year.
i 1t will be observed that III portion
Of Mr.. Tilden's affidavit in the Terre
Haute affair, quoted by the Times says
that payment was made /" for such ser.
vices" and o: part of his services"
But the ibelous Times has not the de-
cencp to quote from the ansarer the
statement as to jtchat th1se serUices
,rere. We supply its dishonest and
dishonorable omission. The answer
says: i'''
"And they further cay, touching
the statements i'm said bill OF complaint
as to the services Of the defendant,
Samuel j. Tilden, that he had, Tong
prior to and at The same time IF the
commencement of the foI ecloseure suit
in said bill of complaint mentioned,
been the counsel for the second mort: s
gage bondholders, in whose behalf
such suit was Instituted, and that he
was consel also for the Trustees of
said second mortgage b0BdhOlders,
and had, been from some time en- the
gear 1857 to whom the railroads OF the
ferre IIaute, Alton and St. Louis Rail-
road Company were surrendered. and
who were subsequently, made receiv-
ers thereof; aud was also counsel for
said receivers and that he also acted
as the principal counsel for, the said
first mortgage bondholdcrs, in relation
to the foreclosure proceedings herein
before mentioned, and other proceed.
ings connected herewith, and II that
such serUices had commenced PRIOR to
The gear 1858, and we're rendered, from
time TO time, during a period OF up
ward, OF three years thereafter" 1di
These services, then, had been rem
dered for a series of years. Tor a
long time." To be. specific, they had
been rendered ace riding to the affi la
Wit. during the y ears 1857, 1858. 1889,
1860, 1861 and 1852 .4ats -a-iq|
Now, according to Commissioner
Lewis decision, Mr.. Iilden was re-
quired to include in his statement only
''.fhe actual receipts iOr services ren-
dered in 1862, Excluding the ,previO ls
years, q together with an Estimate OF
the unrealized or contingent incCm
due 70 that year," niIHis he did. lie
FULLY. COMPLIED WITH THE LAW. adi
:, The libelous, Times insinuates that
Mr.. Tilden received during the year
1862, and as u pait Of the income of
thst year, $30.OO0 OF bonds which he
did not include in his return. 1t was
not until 1854. however, the opinion
became entertained that there might
be surplus of bonds at some future
time, aild the opinion was first ex-
pressed in the report Of the Company.
Nor is this all. In the report OF the
Of Directors published in
the Times the other day, August 18th,
IL 1s specincaIty stateu that the DOnus
in question remaiHed in the hands of
Mr.. Robert Bayar,l up to March Ia,
1870. That il. eight years after the pc
riOd when the Times claims the bonds
onght to have been included in the in
come returns they were in the hands |
of another party and tie rery fact Of
there being such "a surplus as still in
so THAT THE BoNDS CAN |
NOT EVEN NOW BE CLAIMED TO BE IN A |
SITUATION TO FORM PART OF ANYBODY's |
INCOME. huA .uul.lV tJ'ius L.l t'h
This is the story of the Times fully
OF. lind Iii; .lj ..-.t ..,
The libclous New York Times is Ii
able to Samuel j. Tilden in heavy
damages for its wicked, wanton and
Infamous characterization of him as
perjurer. Every depraved sheet of
a 4