Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1894-01-19
WASHINGTON TALK.
orisrs lor Bonds Received by The &c.
rtary at a Lively Rate.
THE INCOME TAX BILL FEATURES
,o,rv Mem. Democratic club Meeting.
Merritt Confirmed Chief Justice
ot Utah.-stevsns Will Testify.

,.llsf among the treasury oihciait,"ho
have been viewing with uneasinesa the
,nvsding Of the gold reserve.
Among the large crowd of callers on
Carlisle today was n New Yorker who
had come to announce personally that
ho wa. willing 10 take the whole $50.
ol1OOO Of bonds. a rtqutst for his
name was refused.
Ills said unoiiielally that the $780,
r4i 600 offer was at the minimum pre-
,..im Of iI7.228. There IL said TO be no
I.ylihood VI the acceptance OF this or
afy similar offer.
Ii h believed, from the orders already
,,rsiy,d. that the total offering Will
ng,fosate nearly s2J0,00O,00O, and
MAJ the price will reach 100, making
tne tonIs practically bear but 2! per
cent.
the issue for the present will be con.
nutd to denominations OF 800, slUO
nni 5000 coupon bonds and 500, 500,
5000 aud 1000 registered bonds. In
ta.u II II utemed advisable arrange
npnta will be made Tor 5000 coupons
auL $1,000 registered bonds.
Ihr new issue u bOnde will DO re-
resmaD!e 10 gold. Estimates made by
the uational haulgs show that tile ma
tlonal banks OF New York city alone
ned more gold than the treasury Of
tbs Upited State, or rather that they
contain more free gold.
Treasury officials who have takon
tho trouble to search the records call
attention to the fact that during the
itndaucc OF the Walker tariff In 1857
lac revenues declined aud n number OF
loan aud bonus issues were made 30
keen Up the current expenses aud pay
maturing bonds.
INCOME TAX ILL AGREED uPos.
WASHINGTON, Jan. ls.-Ths full
text Of the Internal revenue bill In.
GLIDING the income tax. has been
agreed on by the Democratic inembefa
U. the ways and means committee.
The bill provides that tins income
tax shall go into effect January !, 1895.
All classes VI Incomes nTe iucludeI IN
Tho measure, aud uniform rate Of .
pct cent tax on Incomes over $1,000 IL
liked. IL Ia made obligatory ON all
persons receiving individual incomes
VI over $500 10 make a return to the
local collector OF internal revenue, and
the tax list Is made up Of those whose
incomes exceed over $1,000.
In case person having an income
Of over $500 fails 10 make return, u
becomes lhe duty Of tho revenue rs.
SCISSOR 10 maze inquiry ~ to the
amount Of the PERSONS income. II tue
examination disclOses an Income above
$4,000, the Income 10 subjected TO twice
the ordinary tax, and the party failing
TO make return IN deemed guilty Of an
original Otlsnso nnd made subject to n
fiue aud imprisonment.
Provision IA also made by which no
Information eau be- made public as 10
the detailH OF Incomes reported by Cili-
zens. Any public or private person
who divulges any part OF the inlorma-
ton CONCERNING Incomes IL made sub.
iect 10 criminal persecution, with a
heavy fine aud penalty.
Particular prOvitiOn is made for
the collection VI the Income tax duo
en- salaries, not only OF officials, but
the salaues OF individuals received
from business firms, corporations,
etc.
The taI upon corporations includes
every phase oi corporate stock. This
tax II gctefal anu without the $4,000
exemption allotted 10 this Individual
incomes.
hAHNhtFh Nl ltNlluK
collecting tie tax Is placed IN charge
OF ihe deputy commissioner OF Internal
revenue. Different Ievcnue district.
ire also provided with deputy eollec.
t1Ts, who vail especially manage the
collection 4 ths income tax. The
measure, M finally agreed upoa, In n
detailed elAhratiOn Of the plan Tor az
Income tax opposed sons months ago
by Hall OF Missouri.
DID Nor EEL LIKE FEAsrISu.
CANToS, o, Jan. l5.-Evsry year
since Pfosidat Cleveland delivered
his taTin refOm measure TO Congress
In 1857, the hung Mems Democratic
club aud iheirTiends have met around
the banquet bord. This year the gen,
tral depIesslOlEsRs felt, aud out Of i2O
chain providcnearly u hundred wer,
vacant.
4. A. MERRITT CONFIRMED.
WASHINGTON ID. e., Jan. 18th,
Senate, IN extuliye session, toda,
lnado public the Jrclion OF Hon. W,
-, hOrn0lOwer tbs associate justic,
VI the supremeeourt OF the UnitUl
States, aud J. s9,t Harrison to b,
surveyor OF cuslds ut Kansas city
No, aud also thdOllOwIug oontlrma
t.Un,: ;. A. Merit, chief Justice o.
the 1upiemv c0urJi the Territory O
Umh; A, q, CuTh, assouia. % Justice
VI TIC supreme COY oi Oglahoma.
Receivers OF pul0 Franz
Miir, Evanston, NO.; Frank Harris
~ Sait Lake CITY, tan.
Henry Black maeoli0ctor OF intern
al tuvrnur, district Oregon.
kegiaturs OF laui lues-E. :. John
r1u, Cheyenne, WSWm. A. Hooker
Evanston, WyU.
srEvENB HEADTO TESTIFY.
WAsnIS0ToN, Jrl8.-Hon. JOIN
j.. stevens, OF Mail eX-miniuler Il
Hawaii, Is mere To tliy before the
Senate committee. ieyens will 70.
main In Wasbingto unul MONDAY
aud Ia prepared 10 glvhe senate com
mitteg report Of tnetnwailan rovu
luton or, " d,hlfed, Unions ON ia,
question OF anneNauot
Minister ThuTston Spts OF Hawaii
OMAHA, Jan. ls.-,e Hawaiian
minister at Wasninp, I.orin A
ThursIon, went throug Omaha thi
evening, en- route % MgngLOu. ~
Ru AtoclAtnd Pfrse roper Minister
Thurslon said the m9ers OF th,
government are not aAied nj th,