The central Presbyterian. [volume] (Richmond, Va.) 1856-1908, 1882-12-27
9o8 S S @ %9a %9a RIcHMoND WEDNESDAY DECEMBER ~ &

\ ~ iudy ISeeInf SuperiluOuS 10 say SQs Out
we have heard this claim made, For the
same reason it is not needless, perhaps,
to remark that the farmer, should not
charge ,ther interest, on the, value of his
land as part of the cost Of production.
One man invests his $l0,Q00in a farm;
apother invests 1T in g. per centTpublic
securities. r Now if, the farmer may first
lay by the interest on his investment,
thenJ why not the other man y. TO be
zmgdlyi accurate in estimating income,
1gardenlprodpets even that are consumed
BY the family ought to- be- taken account
toti for telwnsSm9en have to buy these things
out Of their incQmres, and ought not to be
Rptaat adissd dyanttagge in ompaqriiis9gn qii g with
The cost & production o % IL 10 be be- charged hsirga
by the merchant to ascertain, is5netf in
some includes Of course, clerk hire, rent
AT his place Of business siinpePss be rented proper
rtW taxes taxes insurance, Se,, all the, costs; Of
rq4ning the .storeE n qAf{gsaainfytQ, be strict
and rigid ~ estimating INCOME, it should
/ be remarked, that one who owns his dwell
Fling house ought TO count Its, proper, rent
value as part of, his income, People who
haFeftO rent stheaiF dwelling , shhaye
to pay the rent out Of their pet incomes,
as part Of thrir their family fam expenses, ,nuGh p}upG
as their meat and bread; and If one
owns other Ihopfesj theTrent Of them con
psttptes part Of bis line income epairs, tax
es, and insprance being deducted ~
One whose property is all in bonds and
stocks aa4Bn has no ,r q9at 9sttr5 0f Prqdpction to
charge against his income, unless it be
theqfa2esz Oh his '4hvessfhensb b nBat2 ohe
rwho invests in.sudh- -publie,securit be-
sides the regular INTEREST," and dividends
devised therefrotni should of course reck-
voncas part Of hisiinGeme Whatever, in any
given year he, makesS bys sales and re-
Investments, III Thesei are his gains and
Fpro6ts, just ilikesthe merchant s. profits
from the sale, of his goods OF course all
losses should also be taken into account.
But its does not doltow that If such a
trader makes onothihgsers isreYenza, loser
at theien6 Of gthe year, he shouldctherer
lore give nothing toI religious, or beneyo-
lent causesad HisrdutYinand obligations
Tor the ftme being may require him to
spend part of hisscapitals Just as he must,
IN such agcase, for family expenses, ler to
pay other debts and obligations. 1se 4.sl I
n,ItEis herdly necessary to specify fur
ther.oqThe tithesble income. of the sala-
ried dman,iif 'heliYishes to 1.-THE e5is dis his
salary. The net ineomeof the physician
is the, gross proceeds of his practice, less
the cost ef,medioines used and of keeping
the necessaryumeansc nscofueonveyance. rOf
q. mipisterdof the, gospel the salary paid
him, and the rent value of the rparson-
age jfsthat be furnished him, by his con
igregationr for other ministers hayes to
paNrent .for. their dwellings out of their
salaries, and the ,use of theiparsonage Cor
manael } is part of the pay of one who is
so proEidedfor.ii ,saw ed bna ,oHodiA0
g5Let these general principles, and, these
specific examples sufRcev1if one wishes
to ascertain his net income for tithing
purposes, But better, we, think, to go
by the motives and rules Of giving laid
down by the Apostle, as already referred
to- Then will the poor deny themselves
for Ghrist's sake, and the rich will give
more largely beyond the tenth of their
ample incomes. fiji s.o,a H. A. B.