New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-04-17
INCOME TAX A FAILURE.
RETURNS INDICATE THAT ABOUT s1o.ooo'ooO
WILL BE COLLECTED.
THE SUPREME COURT DECISION BLAMED FOR
THE FIAsCO OF PoPULIsT1c LEGIsLA-
r1oN-REvENUE OF ALL KINDS
az THE WANE.
Icy TELEGRAPH TO THE TRIBUNE.1


Icy TELEGRAPH TO THE TRIBUNE.]
wosbington April 16-The bluest lot Of people
IN Washington to-day were those who had been
nre6icting heavy receipts for the Treasury during
the remainder of the fiscal year. The reports
from collectors Of internal revenue were very DIS
couraging TO those who had expected heavy re-
turns from the income tax. While the returns
themselves have not, of course, been sent ln
enough was received from the collectors through
out the country during the day to make IL apPai-
ent that the income tax was going 10 De great
disappointment IF we get one-third OF what we
had expected out Of it," said prominent ofhclai oil
the Treasury cit will be all that now expect
That decision OF the Supreme Court played smash
with our prospects on income tax do not oeheVe
we shall get $40 900 out Of it, and as part OF
that will be paid in June and part In july we
shall not feel 1t in any way.
1t was blue day all around at the Department.
Not only were the reports from the income tax re-
tmns depressing. but the receipts were even "ioie
So They amounted to only sos S97 for the day. in
GLIDING everything, making the deficiency LOT 'ie
month ss199s SIS and $751; .4ss since the new law
went into effect These figures, coupled with 'he
bad news from the income tax, made it apparent
that the fiscal year which is to end in seVentS-"N'
DAYS is going to be big disappointment for those
estimates sent TO Congress last December
The WASHINGTON branch of the office of the COL
,ec,or If internal revenue for the Baltimore dis
trict kept omen late last night for the accommoua-
ton of belated citizens whose incomes are iliole
than $4,000 None Of the racing men IN atteHuanoe
at the ST. Asaph meeting filed statements sho"-
inc tho amounts received through betting.
Commissioner Miller late this afternoon lSSueu
an additional circular TO internal revenue coilec'
Crs, in which he says:
In cases of incorrect ncomeax returns now t Hi
in your office you Will notify the persons VINO leu
such returns that they must appear witnlh d lea
sonable time specifying the ua'T S sad return and
that on their failure to appear ana MAKE sau ~
Of such returns stating the particular corrections
which shall be made ana the amounts ~ "'>
s@Whare persons and corporations liable TO make re;
turns have neglected or refused 10 akv rtnrns
have been flied. you will give notice 70 tne r9
quents and TO those who MADE sucn aus ot na
,ilent returns 10 appear and show cause why pehd-
ties shall be assessed against 'heH'
Chicago April 16-Judge Showalter, at the open
ing of court this morning. entered an ordeV Nacd'-
ing the restraining order against Sieaei' cooper
Co making their income tax returns. Inc 'uuee
had sent for Mr. Binswanger, who secured the or
der yesterday. and in open court he announced the
vacation of the order pending formal nearing
81 looked hurredly at the bill, SAID the COURT
"ond did NOT understand that 1t was based upon
question of Observation-Disclosures. iVea'
mere formal matter The defendants were pres
ont In court and consented to the proceedings De,
ing a motion which was not contested slditeu
e. The order will now be vacated. and nearing
on the application set for two weeks from TO-DAY,
The effect of the vacation will be TO make Slegel
raoner e co liable to the fine of $1,000 for failure
10 make return if the order is not granted al
the hearing Under the order granted YESTERDAY,
the firm would have escaped INC payneiit % w
fne had Gerston Segels suit failed before the
court on the final hearing Distrct-tttoIHey
black will contest the granting of the in)unctoh
prayed for at the hearing two weeks iroih 'o-uas'