Morning journal and courier., 1894-02-09


 income tax would be peculiarly unjust and oppressive to the medical profession, be- cause, ss Q rule. the physician who earns A. 900 or more is obliged to spend much moro than physicians having 6 smaller in- come. Besides, 1t says, 1t would be hard for many physicians to say whether their income is 8. 500 or $4,00O, owing to the uncertainty of payments.
 A Brussels stamp collectors paper as- serts that certain Don Juan Cardillas, in Montevideo, who had been collecting the blue postage stamps of Ave oentimes with the figure of General Santos, issued in Uruguay In 1883. for long time, and had purchased about 109, ,000 of these stamps for the sum of 15,0O0 francs, lately called together all tho members of the Society of Postage Stamp Collectors and asked them whether they knew of . means of making postage stamps rare. On their replying that they knew of none. he struck e match and set on fire all the stamps he had col lected, which he kept in wire basket.
 There is an aged negro in San Francisco upon whose woolly head good luck is pill ing itself. He came out of the war thirty years ago with . bad wound. He had s1,- 900 and after reouperating shipped as Q sailor. In Australia Lord Dyos induced him to invest in Q sheep raising company. That was the last heard of his money until few days ago word came to him in the hospital that friends sued Lord Dyos and obtained judgment for ,7s0 in the old mans behalf. Other friends had in the meanwhile interested themselves in getting pension for him, and simultaneously came the news that the pension and back pay had been allowed te the amount of s6. ss0.
 James T. Johnson is Democrat who would like to be member of the Delaware legislature, but he learns that the final settlement of the long-disputed north western boundary of Delaware leaves his house 200 yards within the Pennsylvanis line. His house is not far distant from that of William Smith, who was officially declared resident of Pennsylvania forty five years ago while serving in the Dsls- ware legislature, and was thenceforward called the gentleman from Pennsylvs- nia" Another neighbor of Johnson's Is an old lady, who, after being long absent from her old home, announced her inten- ton to go back to Pennsylvania and end her days in that State. When, however, she reached home she found that her house had been surveyed into Delaware.
 The Richmond Vireinia) Times rises to remark that the Wilson bill is framed in defiance of the Democratic doctrine that taxes should be laid so as to bear equally upon all; and adds: It is unjust to expect the Accumulated wealth of the country" to pay any per cent. whatever of the enor- nous revenue of the government that is not per cent. paid by all owners of prop erty, equally and ratably. We say that 1t is not time that great estates, which are protected by our army and navy, should pay one cent more in proportion to their value than small estates pay, and 1t is nothing but the rsnkest demsgogy, only one remove from communism and its twin sister, anarchy, to claim that it is time they should. This Is @ republic of equal laws bearing equally upon all, under which 1t is the part of the rich to pay the same rate of taxation upon the true and real value of their property as the poor pay, and 1t Is robbery and plundsr, and nothing else, to require them to pay more pro rata than the poor pay, and that is all there is in this case.
 The responsibility of bank directors has been practically enforced by criminal courts in India. A recent mall brings the full report of the final proceedings in the Himslsya bank case, ending iu severe ssn- tences against the manager and account ant, with two yesrs' imprisonment to one of the directors, and three ysars' imprison- ment to another. The trial has excited much attention among the investing classes in India. In the spring of 1890 the manager of the bank who had held charge ever since 1874, went on leave, and the accountant temporarily took his place. The two directors, who seem up to that time to have concerned themselves little about its affairs, felt oonstrainsd by cer tain statements of the Ioeum tenens tc look into tho accounts. The bank was, q a matter of fact, irretrieyably insolvent, and the directors, whether they knew the fact before or not, certainly knew it from that tins forward. Yet on June 80, 1890, they pro | duoed a balance shset showing a lsrg, profit; and c dividend which tool | Rs. 10, 900 out of the rsmaiuipg assets o the bank was paid. The evidence clearl, exposed the jugglsry and misreprsssnta tions by which this balsnoe-sheet was con cocted. It was mere bait to gull thu public into putting more of their saving into an insolvsnt concern. In the autumn of 1890 the manager returned from leave and fouud that the accountant and direo tors he'd implicated themselves In the sys tenn of fraud which he had for years car ried on. They again conspirsd to keep al
 the deception by issuing another flourish ing bslsnce-sheet on December 31 and b.
 paying another dividend out of the depos
 its placed with the bank. Their plea wa
 that they thought it the best policy t
 maintain confidence in the institution, bu
 this did not cave them.