The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-04-29

you sold those goods in December, 1894, on
sixty days time and the purchaser failed in
January, 1895, where in the world would you
get off? You have not only lost on the sale of
the goods, but you have paid the income tax
on the profit which you never received. Is that
a square deal? Answer me that, Mr.. Nixon.
Is it a matter that the people are forced to ac-
cept as the law of the land? Here, light an
other cigar. Did you ever hear OF anything
like that? Paying the taxes on profit you
never received. Why, they might as well tax
man for the pleasure of walking through the
Mint, fearing the possibility that he might
some day get his hands on some of the cash
there. 1t would be just the same thing"
"Well, cannot the loss of 1894 be adjusted in
1895 when the tax collector comes around
AGAIN." inquired a gentleman who was very
much interested in the conversation.
NOW, there it is That question touches on
an important point. | am glad you made the
inquiry. Let me explain the way they handle
all such cases as that: To illustrate, we will
suppose that you sold goods in 1894, paid your
tax and the consiguee failed in 1895 and you
attempted 10 get the loss adjusted in 1895, the
collector informs you that the original business
which occasoned the loss was done in 1894,
that the Government has closed up all the
business of that year and that nothing can be
done in the matter. In other words, you have
bust before you can pay your income tax, and
it must all be done in one year. If he waits un-
Ill the following year to fail you are gone and
there is no hope for you. 1t seems as though
wholesalers will begin to demand full settle
ments before income tax day in order to see
where they stand. Do you smoke? Have a
cigar"
Isidor Jacobs who draws down q salary of
$4,000 year as manager of the California
Canneries Company, was speaking yesterday at
the Baldwin about the prospects of the fruit
canning industry for the coming season: "The
outlook is very good for a third larger output
this year than last" he said. "The prices have
gone down so low that consumers are purehas-
ing more of the better class OF goods which is put
up in California Most of the inferior articles
come from the East. One thing against their
goods is that they do not use as much syrup as
we do. Then another cause for greater out
put this year is the fact that during the hard
times jobbers aud retailers have let their stocks
| run low and must fill up again at the begin
ming of the season. Then the Gamers in this
City alone will save $3.50, 900 in tin used in
| making cans through the reduction in the
tariff. Last year there was shipped out of this
State So, 500, 900 worth of canned goods. This
year, think, we shall send 81 SOC, 900 worth.
"The building of this new road is going to dc
great deal for the canning industry in the
San Joaquin Valley by reducing the rates on
| supplies shipped from here, and enabling the
Gamers to get their stock for putting up to
their factories more cheaply. That is why
Stockton is being spoken OF now so much as the
place for big cannery. Fresno, too, will be @
good point soon as they get more railroad
facilities to move their material in and out
cheaply.
| "The factories in San Francisco will start UT
In farf In,, W.
| follow with cherries. There will be employed
In this city in this industry over 5000 people
| mostly women and girls In fact, in summer
| we take all the women we can get"