Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1913-12-01
DECISION SAVES
Us. MILLIONS IN
| CORPORATION TAX
Court Also Sustains Rate-Cut-
ing in Copyrighted Book.
Other Decisions.

WASHINGTON, Dec. mining
corporations must pay the corporation
tax imposed by the Payne-Aldrich
tariff act, according to the decision
today by the Supreme Court.
Eight or ten million dollars have
been paid to the government by such
corporations under protest, and 300
suits and claims were started to re-
cover the money
The case came to the court through
STATIONS Independence, Ltd, or
Colorado, which unsuccessfully con-
tended that proceeds from ores mined
by a corporation from its own prem
ises was not Income" within the
meaning of the corporation tax law
but a conversion of capital into
money.
The court also held that the cor
porations were not entitled to deduct
the value of ore before it was mined
as depreciation" Chief Justice White
and Justices McKenna and Holmes
dissented on the latter point.
The Amoskeag Bank case to test
the right of New York city officials
to tax stock of national banks, with
out deducting the Indebtedness OF the
owners of the stock, was decided to-
day by the Supreme Court in favor
of the city officials.
The principle was today laid down
by the Supreme Court that the busl-
ness os commercial agents furnishing
information as to the financial stand
ing of business men in a community
to q commercial rating house in an
other State is subject to state "occu-
patton" taxes and does not come
under interstate commerce. The court
upheld the constitutionality of the
Kentucky law taxing the occupation
of attorneys who furnish such lnfor-
nation.
The uniform system OF accounting
prescribed by the Interstate Com
merce Commission for railroads was
upheld today by the Supreme Court.
Rates on grain and other commodi-
ties over the Louisville and Nash
Vile railroad were today approved
by the Supreme Court in the so-called
Kentucky State rate case. The de-
cision of the federal court or that
State was affirmed.
The Lackawanna railroad must pay
a $1,000 bill for transporting its own
hay to feed mules In the mines. That,
in the opinion of the court, was q
violation of the commodities clause
of the Hepburn law, and q conviction
In a lower court was today sus-
tanned.
The Illinois child labor law was to-
day sustained as constitutional by
the Supreme Court in the case of
Arthur Beauchamp, a 15-year-old boy
who recovered a verdict of $4,000 from
the Sturges & Burn Manufacturing
Company for having his hand LAGER
ated in a press.
Justice Hughes announced the de-
cision. The company also defended
on the ground that the boy repre-
scented that he was more than six
teen and being then fourteen should
be held responsible for his statement.
The court held the company en-
ployed him at it's peril.
Cut rate dealers in copyrighted
books won q victory today when the
Supreme Court held that agreements
between publishers and regular book
sellers not to sell books, to those who
resell to the public at less than the
price fixed by the publisher, violate
the Sherman antitrust law.
Justice Day announcing the decis-
ion said violation was not avoided
by the benefits of the copyright law
r. H. Macy g. Company brought
the suit against the American Pub
lfshers' Associatio accomplishing
about rs per cent of the publishers
In the nited States and certain deal
ers who comprise 80 per cent. of the
E wholesale and retail bookdealers