The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1876-09-28

. cAaThCboEiECo - PAh RS@ - ~ W hAeNS
I'D of separate items, the wording of
which Is varied in order to give the
/ reader the idea that these items had
been taken directly from bills y
accounts which had been rendered to
! some one, or had been entered in some
book account.
For example: the first item reads,
L" February 10. Fee for Trustees and
Master Commissioners Deed" &c; but
the wording of the second item is made
/ different, and reads: /" February 25. Fees
and expenses with reference to deed,
&c; and the third item is put in still
another and different mode ofexpression,
thus: March l. For drafting, ETC.,
First Mortgage Deed" while in the
fourth item the word "fees" land this
time without the expenses is brought
into requisit.on.
| The obvious intent OF these contrivan-
ces is to give color to these bogus items
and the appearance of being copied from
some real paper,
The first six items of this statement
relate to matters connected with the
Pittsburgh, Fort Wayne and Chicago
Railway, and right understanding OF
Mr.. Tilden's relations to that enterprise,
/ prior to and during the year 1867, is I'M
portant at the outset.
Now, the fact Is that no such accounts
as are contained in these six items ever ex-
isted, and no one OF these pretended items
mas ever been made the subject OF spec
ifc charge by Mr.. Tllden against any
| individual or corporation whatever.
Mr.. Tilden become counsel for the
holders of various classes of bonds Sc
cured upon the Pittsburgh, Fort Wayne
and Chicago Railroad, which was and is
railroad running through four differ
ent States, and built In sections
by three different corporations,
which were afterwards consolidated
When MIR. Tiiden became counsel for
the bondholders in 1859, it had outstand
ing nine different classes of bonds, upon
ali of which default had been made and
its affairs in general were in apparently
homeless bankruptcy and confusion. To
rescue this enterprise, Mr.. Tilden labored
continually, and much more laboriously
than LAWYER ordinarily does in regard
10 sny one particular case, from 1859 to
the early part Of 1862 The labor was
particularly arduous during the years
1850 and 1861.
Suits of foreclosure were Instituted
early in each of the states, and these had
so far progressed by June, 1861, that de-
crees of foreclosure and sale were then
entered. The road was actually sold on
the oath of October, 1861, and possession
taken under the sale. Of course this
could not be accomplished until all the
conflicting inteIests-the nine different
classes of bondholders, the secured credi-
tors. the unsecured creditors, ana the
, stock holders- bad been harinonized and
satisfied: nor until legislative acts ade-
ouate to meet a case such rs had never
before arisen, either here or in England,
had been devised, prepared and success
fully passed in four different states
An this was accomplished, principally
under the advice and with the labor OF
MIR. Tilden, before the close of the year
| 1861. His engagements on account OF
this railroad during that whole period
were constant and engross'ng. WHAT
ever pav he received was for the entire
service MS a whole-lt was not lteInlZed
or apportiened.
The Income Tax law went into effect
on the lst of January, 1867, and the
incomes falling under its operation were
those accruing from and after the SAID
first OF January, 1862. Income when
had accrued before that time was exempt
IRON its operation.
| do not think it necessary TO occupy
much more space in discussing the legal
aspects of this income question, or III
sustaining the right of citizen TO re-
celye and retain tree from income tax
moneys which he has already earned by
his own labor in years when no income
tax existed.
The rule on this subject was early de
clared and promulgated by the Internal
Revenue Department itself and is IN iuII
accord with these views.
In 1868, Hon. George 5. Boutwell,,
then late Commissioner Of Internal Reye.
nue., prepared Manual Of the Direct
and Excise Tax System" which Mr.. Sec
rotary Chase officially approved and
| authorized.
Under date of May, 1868, this Manual
contains (pp. 273, Pa the following deci-
sion by tie Commissioners OF Internal
Revenue: "a merchants return OF IN
come should cover the business o. the
year 1862 e.rcluftng previous years,
" Physicians and lawyers should IN
| clude actual receipts for service rendered
| IN 1862, together with an estimate OF I'M
realized or contingent income due TO
that year"
In view of these decisions and official
| instructions of the Internal Revenue De-
partment, Mr.. Tilden's income return for
1852 was made up so that, even II gu
ferent view had since been authorlta-
lively held and expressed, Mr.. Tllden
would stand completely justified. But
there is no authority for any different
view.
With these preliminary observations,
| will proceed to examine the fabrica-
tons of the Times in detail. The follow
ing is copy of the TFmes'S statement:
The False Income Return of Samuel
j. TiIden for 1862.
| A fac-simile OF the Democratic candidate
affidavit, contrasted with several items
of his income-a convincing though IN
complete showing which conNictS Mr.
Tildeu OF perjury and of cheating me
goveru ment.
INCOME OF 1862.
Some items OF the (alleged) True State
ment. -
February l9-Fee for Trustees and
Master commissioners Deed tothe
Purchasing Committee of Pitts
burgh, Fort Wayne and chicago ooo
Railroad Company o'ooo
| February 25-Fees and expenses win
reference to Deed of Former Rail-
road Company, pursuant TO oruer
| of Court. Pittsburgh, Fort wayne ,,o
| and Chicago Railroad Company. -,UVV
March For drafting, &c, First
! Mortgage Deei OF RECONSTRUCTED
! corporation, Pittsburgh, Fort
Wayne and Chicago Railroad oo
| March fees tor Second Mortgage
/ Deed Pittsburgh, Font Wayne ana
] I,bicayn Railroad Company .......... 2,'DUu