The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1876-09-23

Professional income fraudulently
concealed .'..''' oi,oo-
Summary.
H..- Amt. Amt. of tax.
Income subject TO D per 800
cent......... .................. $4,000 Si,45O %
iect to 3 per cent. 7,llS 2lS "A
Portion of unpaid debt TO the ~ ~
GOvernment............. S4,Z5o 10
Examination OF Items.
First Hem-Thls is entered under date
of February -, 1862, as "Fee for trus.
tees and Master Commissioner Deed,
&c, 5000"
No such charge 1oaS erer made, render
ed or collected By M. 1iLden, or any one
on his behalf, at the date mentioned, or at
any other time
The instrument itself was a simple
trustees and masters deed, principally
consisting of recitals adapted to the case
OF a railroad foreclosure, and peculiar
chiefly in the magnitude OF the property
conveyed. The preparation Of such an
instrument could form no item OF charge
worth considering in a payment for an
entire service of years, and no specific
chorGe ,rhatercr was ever made for it.
Second Hem.-February %. "Fees
and expenses, with reference to Deed, of
former Railroad Company, pursuant to
order of Court, &c, $1,000
No such charge ,cdS erer mdde, rem
dcyed or collected 5y Mr.. Itiien.
In point OF fact the document, which
= not quite so long MS an ordinary deed,
md was intended To- have the effect OF
, quit claim, was not drawn by Mr.. Til
Ten Mt all, but by Judge n. ii. Swayne,
tow of the L. :. Supreme Court. Mr..
Tilden was never paid for 1t in any
shape. -.
HHird Item March |. "For drafting,
&c. First Mortgage Deed of Recon-
structed Corporation, 5000
No such charge as this, and no SpecWc
cLarge rhatersI, aoaS erer made, rendered
or Collected by M. 1itien.
The instrument itself was unquestion-
ably very important one and admirably
drawn. but it WAS only one item
of continued service running back
10 the year 1889, and the rules
under an employment to draw single
paper of this description have no appllca-
tion mt all in this case.
Eo.rM item March /. "Fees for Sec
ond Mortgage Deeds, Nc, $500"
No sxcL chdrge lCds eoer mdde, Tendered
or collected by Mr.. Tiidem.
The observations in regard TO the hrst
mortgage apply equally to this, with the
additional force, that being, from the ma
IL in,
of the first mortgage, it furnished great
deal less basis for u charge. lh point OF
fact no specific sum was ever pal for 1t.
Fifth Hem.- March |. "Fecs for third
Mortgage Deed. &c, $4,000.
The absurdlty OF this charge is trans
parent. This third mortgage was on the
property, aud drawn for the same client,
as the second, but secured an indebted
ness only about two-tifths as large, and
vet this statement puts down $4,000 as
tie fee for drawing the third mortgage
against $500 tor the second.
OF course no such charge or anY other
sDeclfc charqc lcGS crer mGde by Mr.
iThlen for the drdWmg Of this Hstru-
meHt.
SirM Fem-"March .. Fees for final
CONVEYANCE to railway company, subject
To the mortgage, Pittsburgh, Ft. Wayne
and Chicago Railroad Company, $5,ooo,
Mr.. TiIden nerer made. rendered or
collected, nor has he eUer patd any such 6W
or item in a bill.
Nor is there anything but the dates of
these deeds on which to base the assump-
tion. that the work on them was exclu-
sivelv done in the year 1867.
And right there, it is proper to say a
few words in regard to Mr. Tilden's scale
of char ses. 1t is great mistake to sup
nose III at counsel must have been paid IN
iSG2 at the high rates which ruled in
subsequent wears. Mr.. Tilden, at that
time, was in the habit % charging rry
Io,r nriccs. The class of business in
which he was engaged required, partlcu-
larly. great skill in negotiation-i
thorough knowledge of men, II thorough
knowledge of the railway system and
business condition and prospects OF the
country, and constructive power OF
devising and suggesting ways and means
of reconciIing apparently conflicting Pc
cuniary interests to the permanent bene'
fiji and satisfaction OF all concerned. The
mere draloing of papers was hardly
thought of in estimating the value OF Mr.
Tilden's services. He was paid because
he reconciled and rescued, as no
other man in this country could then
have done interests worth millions,
which to many persons seemed hope
lessly lost. Yet IN this publication he Is
set down, upon mere surmise, ard WITH
on. any date or authority, as receiving
trenfv-four thousand dollars for work
which could not reasonably have occu-
ried more than one month OF his time,
while the answer in the st. Louis, Alton
and Terre Haute case discloses the fact
that he was working at the rate of S2O,-
600 for four consecutive years service, or
at the rate of $4,000 year.
.Sepeyth Item. .--"June IA, Cumberland
Coal and Iron Company, 5000"
The Times allows that one half OF this
sum should be deducted, on the ground
that it probably was not earned in 1862.
Neither was any of it.
Governor Tilden rendered no serrice TO
the Cimberiaqd Coal aud Iron Company
in That year. He did render it important
services during previous years, beginning
with 1858, but they were all concluded
before the close of 1861. If anything
was received it must have been in bonds,
and in settlement of an old account, and
not taxable.
Eiohh Hen,.-"Oct. l.. Service TO
second mortgage bondholders of St.
Louis, Alton and Terre Hsute Railroad
Company, as per affidavit, $4,000
Of course, no bill was eyer rendered By