The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1876-09-27


holders, Sept. p, 1853, and modified from tim e
10 time, a. this earlier agreement was itself
the result or prolonged negotiations, the az
fairs OF the road being almost hopelessly in
volved with
CONFLICTING CLAIMS AND INTERESTS.
Pursuant TO this preliminary agreement, pos
session OF the entire railroad had been OBJ
tair ed as shr back as December II, 1858.
Tenth Item.-"December 81. Fees during
year from Chicago and Northwestern Railroad
Company s2O,OOe.
This item is totally false. Mr.. Tilden re-
celved no fees, compensation or payments
from the Cbicsgo and oorthwestern Raj road
Eleventh Item -"Fees during year from
Toledo aud Wabash Railroad Company,
The recklessness OF this falsehood will ap-
pear when it is known that the Toledo and
wabash Railroad company never, at any
never In the year 1862, or AT any other time,
received any fees from nat com pany, nor rem
dered them any professional service what
ever.
twelfth Iiem.-"Share OF bonds retained for
services during year connected with the re-
construction of the Chicago and Alton Rail-
road 'ompsny, sl5,t00."
No bonds were retained or received for such
services in 1862, nor was so large amount ever
receives, including expenses and dtebur e.
ments. Services were Iendt red and no doub
they were taken into account in cOmpu ing
the gross earnings of hat ear.
and president of the Balance Dock mpany,
200.
Tnis item OF $1,000 is correct except as to the
date, and is the only one OF the whole thirie Elm
of hich that can be sa d. At the outset of
these a tscks on Gov. Tilden, in reg ard tn hi-
taxable income for 1862, still another allega-
CATION Was m de, as II on o, sitive knowledge,
Dame,y. that he had received from the 81.
Louis, Alton and L. IRE Haute Railroad COM
pany s3S,NOOin Il st mort age 1nds during b at
year. This cha ge is unqnalifieoly false and,
now hat IL has been pointed out in the pub
lie journals that the COMPLAINT itself, in the
st. Louis, Alton and Terre Haute suit, showed
these bonds not used up 10 the year 1864, the
charge appears to have been abandoned. even
by the Times which newspaper, after assert
lng the fact in pO11ve terms, subsequently
pub ished q report of a committee Of thai
company, also an tag nistic 10 Mr.. Til en-, bat
which showed thai, in 1870. these bonds were
still IN the hands of the purchasing commit
tee, and 50 cguld not have formed any part of
his income in 1862. 1t seems proper 10 say
sumed to be correct unless 1t can be SHOWN to
be Islse. This attempt has been made by the
Times, and growing bolder from day to day
us efforts nave nnally culmtnated In rpeci
1calion OF thirteen items, twelve OF which
are
WHOLLY OR MAINLY FICTITIOUS.
While the Times was thus making excursions
into the regions of fiction, Il seen 6 to have
found IL convenient TO overlook the possibili-
ties of Lawful deductions such as expenses
rent, interest aLd losses. The simple fact is
the amounts returned were The net lesult of
income after taking out The awful deductions.
For me il onlv remains 10 ass rt that evsrv
fact within my koowlt de confirms the good
faj b and adequacy of the returns which were
verified by affidavit OF one whO.fOr mDre than
q gene ratioD, had lived q life SO pure and
blameless that the breath of c. um y had
failed G. touch him, until by the gene al voice
OF q e eaI party he had ecome heir eanoi-
date for the highest Cffice IN the gift of he
people. In response 10 the sllegat on tpat az
ter two years 1f the Income TAX. MT.TIiden
NJ ade no return but lett that Do. ton of b Is
taH which was in excess of he payments ior
his account made by the corporal ons who e
bonds and stock he held, to be assessed q -
der the law by the estimate of the pubic off,
GERS, the answer is simple. The statute We
the tax payer the o tiOn to take that course,
and good and honorable reasons existed why q
scrupulous man should accept tnat option.
Mr.. Tilden received NJ favor from he 9. veTn-
ment officers. and sought none. He did oin-
all hi inc me from Investments paid the tax
through the corporations whose bonds aud
stocks he held without allowance for the
lawful deductions. On the residue. after the
lawful ded ductlons were made, e believed at
the time tina INSTEAD OF pa ing less, he ofteoer
paid more than would have ben the result of
full but troublesome counting. He pre-
ferred in that wav 10 be exrmpted fIom
The difficulties incident to att mptlDg a
specific statement of the affairs in which he
was interested, and of the corporations an
business In VIII ch he was an investor and
also tn be exempted from the respOnsibilit OF
aujudicatiug on the fscis and the law applica-
be To uncertain and. fiuc uatiog element
during rarid and violent changes Of Il tiious
valuts The law was unsettled: questions of
real fficulty existed. Constructions ~ere set
uniDtelllgib e or incapable OF just or safe sp-
plicai ion. and IL was not rgreeable to make
return a doubtful or disputed theory, or in
contradiction To even unmeri Orious claims
made in behalf OF the government.
JAMES +. sINNorT.