The sun. [volume] (New York [N.Y.]) 1833-1916, 1910-04-10

corporation in the country TO ale with che
Commissioner OF Internal Revenue at
Washington returns showing In general
'nrDls ths amounts of their income and
exp@nditUres was certain 10 provoke much
opposition until those subject to the Law
should have become accustomed 60 COM
plianCs with its provisions. People who
had for years been clamorinR for groAtSr
ana Tor Government supervision and tho
prevention Of corporate abuse became
highly indignant whsn they found that
thssr own particular corporations were
required tO make returns a. vel - those
OF ths'r ne,ghhorn. What they wanted
solves. The value IN the country OF
securing sueh a body % information wa
entirely Lost aght of In the iDdiGnaaton
81 being included in tho requirements
IL y. however. TO Do observed THAI bug
and LITTLE alike had bssn clAmortng IN
Washington during the aoeira special
s.'SsiOn ~ Congr~ss for protection 20
their own particular industries upon the
ground that without auch duty an they
wished they would not saioy that
reasonable profit Of american industry
To which thev claiu''sh to DO entitled,
or that 10 thu duty wsre not reduced
upon articles u@~d by them or some
other concession made to them Affect
ing their trade OF manufacture they could
mot mako fair return for their labor and
capital. II 10 also true that there was no
reliable body - information available
by which such demands could be tested:
and that this now act for tho frat time
IN the history ~ the country called for
a comprehensive statement in similar
form from substantially all incorpor-
ated enterprises " tho amounts % their
annual Teceipts and expenditure. thus
making available a mass u information
furnished under oath which must be
81 great value IN determining in the
future III" cNtsnt 81 protection needed
to any given industry.
Therefore. on tho wllols IL 10 believed
that the advantage To the country of
obtaining this information in this form
far OutweighH the UNIV willingness Of cor
porats managers big and little TO dincloae
the financial results Of their business
operations. IL has been urged. however.
on the part OF those interested In small
Incorporate ted businesses that the Informal
ten required TO be Furnished by them
may he used by their larger competitovs !
10 their detriment n Was certainly not /
the intention 81 the trainers OF the act
that the Information required by u should [,
be- used for any unfair OF unlawful pur- :
pose. and an amendment protecting !,
against mere meNldleSOme examinations
Il returns by those who have no legitimate !.
interest therein would in no respect
.hw ART the beneticent purposes 81 the Law.
BY the operations u the tariff hoard 4
~. ~ ,. - " .ne MOI inAucn Inr
~, -. ",',,..s. IL, - ~ HHenu-
49,, - ~. '',..,,,"-{ . = $3.50
~ ,,,,n,SH ,PpS,.,i;-i. III IJ s. uur.ng
t-,,,.,,',,,s -, a.. 100 80, - ts~
',I,,-h ....r,tJ.' g. -. -. = p"rr.y
-,,r,hsr.d 80 60. So, 'e =, uDst Alu
W .'., "a .-iy,. " sscPts-
-. ,.., ~ anu on
y 49,. ,.1',,',,,lis'S ~. Ih ~ po-'uon
=, - - ar ,.n.s1 - ~. on tne
49, ,,s,,,c,.,,is,. 80 $3.50. W sX W
- - i'.;Iia,ags,, 49,. IL -. . sCtcn
=. i1,sr...,"d 800. n, 80 s "a ssII ~
,..,.,s',-S N 49, VI Hn7H ""n
Th.s ,na,h;O..-,, -, .a-.;..-..-.-
.,,s,l,,,s -. .. -,',ah i..a,.S Ine
~. 90, "a l,,.r,~,S 40 - ~. 80 oy
:, . -,.-.',,si $3.50 80 49,, w ~ 1911.
49, =, s,,.;,... g u'
.ar',snI S,,,-.;sI.. 80, VII INIu OF
,'..,,sn, " ,.,-.,,l e.ut IN eLeater
80. -, II isi,nn1 an " l'r cer-
- wv ~ VI WV ~"
iNRiYf soARDs WORK APrRECLATED
The presldent has aaksd Conxr... -
.ppropr,ars R1so OSD a. 80, - -.
.f.r,iy.ly Abe work "a IN. far,G 800
pission That This work IA aIr.aI.
nsetiD0 with apDTeciatior n .ho-r Ly,
he ,Inanimo,Is adcption ~ a re.tir. n
he hnard 81 dirertora ~ 1hs Na,iSnsI
-ariH Commisnion Associ.,ion racsrei~
,sId IN New York az this ,ar,S r.s0I,,,,oSr.