The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1876-10-06

OF NATNlNfAllMM MulffNfT.
Mr.. Illden became counsel farthe holders
~ various classes ~ honds secured upon the
Pittsburgh, foTt WAYNE ana Chicago Rail-
road. which Was aud T. "a railroad running
through four different states. and built iu
sections b. three different corporations.
which were Afterwards consolidated. When
Mr.. IiiGen became counsel f1r the bond
hoiden In ls'e, Il bad outstanding nine dff-
ferent classe, - bonds. upon al q which
deiatlt had been made, AMI - Erkirs iu
! general we've in apparently hOpeless bank
. rupicy and Confusion To resrlle This en-
terprise. Mr.. Tilden lsbor-d continuaily.
and much more iatnri0u.lv than a laurer
ordinarily dos IN regard % any one psrIic-
ulI cas-. from loie % the early par1 -
l~,-- The labor We particularly ardusus
4 during che YEAR $50 and J ~.
7 suits % foreclosure were Instituted early
Ia each - the state. ard thee hal - FAR
prngres-ed bT June. l,5l. Ihaf dserees q
foreclosure and sal- were then entered
The road Wa actually sid o. Iile zilh q
October lta. and p0sssssion taken under
The sale 81 course this could not - A.
cOmplisbed until ala the oOnf .ctinE Interests
--fhe nine different ciasse. 81 hondn0lder-.
the secured creditors. the unsecured cred
3 iiOrs and the stcck ho.lders-h2d been har-
nonized and satisfied. nor until legislative
acis adequate 20 meet ca-e slcn A. had
never before arisen. either here or In Enr-
land, had been devised, prepared ard sllc-
cessfuily passed In four different States
Al inis W2s accompllshed principally under
the advice and witt the lztor o, NJ. Tliden
before the doe % the wear Isl H. en-
Eagements on account u The railroad dur
ing thai hole period were eonsfAnf and en-
crossing. Whatever pay he received 49,
Tor the entire service ~ WhQle-it E1s n-f
itemized or zpI, 1rtioned.
Inc income TAX law went into eject on
The hr,t % January. ls6-, and The isoofles
failing under - oPer4iion we've fho-e A.
cruin- from and sitter TIE aid - daT =
January. lsi-. Income which hsd aecIu~1
before that time Wa exempt from is opera
ton.
do not think Unnecessary % occupT murh
time or space IN discussing the legal zspar-.
- thi- income question. % in sustaining the
right - a citizen % receive and retain frse
from Income tax, moneys which - had a.
ready earned hy biz own labor Ia Vears
when no income tax existed
The rule On thi. subject wa eariv de-
clared and promulgated - the internal
Revenue Department itself and j. ir flii a.
cord " ifh thee KieW.
10 LIS. Hon. Geor-e n. Boutwell,. ihen
lafe Commissioner - Internal l.aKeuue-
prepared a 90 Manual . the Direct ard Ex-
clse Tax system, which >ecreiarg chase
Officially approved and authorized.
Under date % Mav. l>-3. the Manual
contains lpp- -. z-sl TIE following de-
ei.ion - ihc Commissioner %; internal
Revenue.
"A Eerehau;'s return q boone .hou-d
cover the business = The year 1sa-. crc'-f-
ING previous yezrs.'
''Pay.iciaus and lawyers should Include
actual receipt. far services re- tered on l~-.
together With an estimate g unrtaiiKe.i "
contingent isc me due % that year.
In view % thee decisions and o-fcial in .
siructiou- ~ the Internal Revenue Depart
" ~ mace up. 80 kar. even n dl1srsu- I
view bad since been author. tafiVfiV D. ii and .
expressed. M Iiden Wlzl1 s-nnd car
pletely justified But fhere 81 no authority
Tor any different view-
Win these preliminary observations. I
VIII proceed o. examine the fahri-ation. g
the TINES In detail The s0lloRin- + a 4
copy 20 the Tines statement;
The False Income Return Of SauiueIJ-
Ttidsn for Is6e-
a FAC-SIMILE oF THE DEwu-Etrrr rtNrsr-
DAIE : AFFIDAVIT. CuNrEAsTED WITH \
SENfRNI frEH~ - HIs fNTnVF-a COW .
NtNCtNG. TuuTUu INCuwFLETE- SHOW
ING WHICH CUNtIrT> NE. IIIDEN 90 .
PERJURY ANn OF CHEATING TUE Cow
EENMENT.
IxCoNE oF l.sse-
'Sous Eems ~ fis .1T. Is3T Tree V1reuelf- .
February Is-Fee f1r Tr1su-- So Nas-
Ter tornui.-iorer's Ise-i to f-e Fur-
chasing tUUuITrec 90 Pri-b1rxh
ton wayne arl Chcaso Ezirlal
fnrI rllrr ...... .-..--.---.-.--- GA
Fetruarv -s-fers arf erre-ses Vim
rifrrerre o. Iteel and fH-uer Raj
RAJ Cgnpaug. Flrs an - orier q
Court. Flii-iur-a. FCrt Wayne AMI
NtiCaEn lal.r.a1t Con T1rr- -----.--- -
Nara i-For frlf ls-.eat mrs Nj
EaEe lsei Cf rfr1.rstrr--tel eI-F.-a-
ton. I'lrf-turrt , 80 IA ayue arl1rl-
caro l.si mai ComEurF- -.101
II
ls7ei ilttsl4rs-l foTi h ayas "a al
clE1 hsiira1 IcupsrT---.-----.---- -EE
n rch Pres for Tnirl M0rtx.rs Iss-l
P.ustur-h. Fart Wayne All Carals
Railroad Con rauF ---.-.------ f.rlD
Much --Fces fer fnai cn-vey11as to
Railway Company sulie-iio 90 u.1rr-
-lEcs. HIffsl-r-h. Pa Marue ana
thicaEo IA md toarrlry ------.. 1.cCf
Iune H-Cumheriand Coal ART Ira
orioi-lr ls->errires - S.-,a-i n l.-rr.re
Iiondholders q - Lruis. Aha anf
Terre Hauie Eallroad CcuTnry. az
Nsreul--r .-Serrirs. =. Flr., v --fr.-s
Bsnlhoiicr- - -. Louis. Altu1 ari
Ierre Hsgte Eailrosd CouFEng. a.
l~rarll laF T. u. or
Iseoe-iler DE durlrx rea- fru-l
60 ana Northwestern Eairoat
f.n7uFtarT ......a--.--.-- .-..------.---- UM
= abssh E,llfoss ts,sF.si - $500
snare ~ bone relzinef for serves dur
inE year Connected ulrh rera-s-r-r-
ton % Chicago ard Alsor RaiHuad
saisry a. frus,es Es.i rrss.issi - Esi-
snoe Dry Dcck Cor.pEEF-....----..--. lee
IOtsi-----.-.-----..------.. sIls.ss
uLuLCI.
F-r expenses q ofsoe. r-psirs.
AMI taNes ....---....-----... ss.s.
For fccs rcoslEei. but nG
earuei IN l-t-------..-------. las be.
Net tncurle o. ne-ccrt-ir in-
teruretattou nf las. ...... s-fr
NFr iucunne 1s sworn o. - Nr.
!. Tiien - -. s.us
i rlfassioull frrarnf frlrlu-
lertiv CounelaC.l- ....-----..- ls-z