Morning journal and courier., 1894-06-02
NEWS BY TELEGRIPH.
 From All Quarters. INCOME TAX DENOUNCED New York Business Men
 Hold Mass Meeting THEY PAID FOR THEIR PROTECTION Startling Testimony Against
 New York'S Police SEVERAL PLATES ARE WRINEHED The Accident to the COlum-
 bia Is Very Serious
SEVERAL PLATES ARE WRINeHED
BUSINESS MEN PROTEST.

BUSINESS MEN PROTEST. A Mass Meeting Held In New York
 at Which the Income Tax Was
 Severely Denounced.
 NEW YORK, June 1.-The business men of New York turned out in great numbers tonight at Carnegie Music hall to protest against the income tax. Every available | seat in the immense hall was filled. The platform was thronged with representative citizens, and great enthusiasm was dis played. Evan Thomas, president of the NewYork produce exchange, acted as chair man of the meeting. Among the vice pres idents were the presidents of the life i'm surance companies, savings banks, trust companies and heads of the principal dry goods corporations, jewelry houses and other business concerns.
 MT. Thomas was introduced as chairman by Colonel W. L. Strong, president of the Central National bank. He was received with great cheering. He made an addres ss, in which he said Taxation and tariff should bs considered simply as business matters and not as political. An income tax is so un-American and SO partial in It's injury that it should not bs tolerated among free people. That 1t will finally become law cannot and will not bs- lieve.
 The secretary then read letters of regret sent by Senators Hill and Murphy and Congressmen Qaigg, Mervin and Covert and telegrams of regret from Congress men Picker and Hendrix. Senator Hills letter was received with great applause. It reads as follows:
 WASHINGTON, D. C., May 31. Col. w. L. Strong, chairman, etc.: regret that official engagements here will prevent my acceptance of your courte- ous invitation to be present at the meeting of the business men on Friday next to pro- test against the incorporation of the in come tax in the pending tariff bill. need hardly assure you that I am in sympathy with the purpose of your meeting. An in- come tax feature has no proper nor legiti- mate place in a tariff reform bill. It en- dangers and embarrasses an honest and equitable revision of our tariff laws, which was expected if not desired by the citizens of all parties. The unfortunate effort to incorporate it in the pending measure has delayed speedy disposition of the tariff subject and induced @ surrender of nearly every cor rect and consistent principle upon which tariff reform measure should be based. An income tax is scheme of monarchical governments only, which always sanction class legislation, but which is never adopt ed by republics except from dire necessity during the emergency of war. It is neither democratic nor 8 republican principle, but is socialistic in inception, un- American in theory, unequal ip it's operation and nee ssssrily offensive in its execution. It is an odious tax for which the people have never expressed their approval at the polls. In my judgment it will surely bring disaster to the party that enacts 1t. It is clear that it would not be adopted by congress if senators would vote according to their conscientious convictions, rather than in pursuance of 8 dicker and con- temptible compromise, founded upon no principle and tolerated only as 8 miserable make-shift or excused only as temporary expedient. am opposed to compromise where questions of essential principle gre involved. It is immaterisl whether the scheme is popular or unpopular, or wheth or it taxes the many for the benefit of the few or 6 few for the benefit of the many. It ia equally indefensible, vicious and un reasonable.
 "As @ representative, 8 citizsn and g partisan I have opposed this income tax folly from the start, I am opposing 1t now, and shall continue my opposition to the end"
 Louis Windmuller was then introduced to the meeting. In the course of his re- marks he said the friends of tariff reform would rather continue to snffsr from the busin ess stsenation than have the obnox- ious income tax imposed on the commu nity. The income tax had been embodied in the tariff bill for no other purpose than to pauder to socialism and to secure the favor of republicans with populist tend encies.
 The secretary then read some of the hundreds of telegrams denounclng the in- come tax received from representative business men in all parts of the United States.
 The committee on resolutions consisting of John A. Mccall, chairman; J. Edward Simmons, William F. King, William Greenough, Fred Taylor. John H. Stsrin, W. L. Trenholm, A. D. Juillisrd and Rob | ert R. McPherson offered the following res | olutions, which were adopted:
 Whereas, It Is proposed, after nearly l thirty years of peace to enact law taxing ! incomes, @ measure which has never been | resorted to in this country except in time | of war; and
 ! Whereas, In addition to a tax upon in- dividual incomes 1t Is proposed to levy @ tax of 3 per centum on the net profits or income, above ordinary working or oper. sting expenses, of all banks, banking insti. tutions, trus. companies, savings institu. Il panies; therefore,
 Resolved, That we protest against the
 proposed legislation in any form as unnec. essary and indefensible for purposes of | revenue in time of peace, as inquieitorial in its provisions and unjust in it's discrim.
 nations, and as socialistic in principle and
 tendency, sincs it places a double burden
 upon enterprise, economy and thrift.
 Resolved, That this assemblsge, com
 posed of every political faith and repre-
 senting the multitude, stands united IT
 opposing the proposed tax on incomes | either as a temporary or as @ permanent
 measure, and we call upon the senators
 representing the state of New York to
 refuse to vote in favor of any enactment thereof.
 Resolved, That we, as representatives oi the greatest commercial and business in
 tsrests of the Union, most earnestly sp
 peal to the members of the United Statel
 senate when voting upon this provision to exercise the brosdest sense of justice IT
 behalf of the entire country and to b, | governed by their own conscientious judg ment rather than by any party caucus o
 conference for the purpose of obtaining
 alluring compromises and imaginary O temporary advantages" s
 The following resolution WAS offered b,
 unanimous vote of the executive commit tee:
 s'Resolved, That wo call upon ali tn business associations and organizations O
 the several cities of the union to oIganiz without delay mass meetings similar t,
 our own to voice the protest of the grea commercial interests affected SO injurious ly by the proposed income tax law"
 Hon. Simon Sterne, attorney at. law, wa
 then introduced. He was received witl
 great applause. He denounced the incom tax and said there never was @ time in tn
 history of the United States when ther
 was less excuse for the passage of such
 measure. John P. Townsend, the repre-
 sentative of the banking brokerage intel
 ssts, spoke next. He said the bill now bs | fore the senate should be severely COT
 demned by the people regardless of party
 Fred Taylor, another representative of th , l banking and brokerage interests; Profes sor Carlton T. Lewis, representing life 1T
 surance companies, and Waldo Smith, ala
 denounced the income tax.
 The resolutions were unanimousl
 adopted. The meeting then came to an eni
 Have Been in Harmony.
 wAsHINaToN, June Tt is stated C
 M