Koufax said:
Like Tax Man, I'd include the 400 but exclude the 60.
Let's talk about the 60 walks and I'll try to articulate why I would also exclude them.
From a record keeping perspective, my bias is always to defer to the rules as written at any given time. For example, what we now know as an automatic double was considered a home run until 1930 (American League) or 1931 (National League.) So we know that if he had played the majority of his career under the rules as they exist today, Babe Ruth would not have 714 home runs. However, any attempt to lower the number of Babe Ruth's home runs would be tantamount to ignoring the actual outcome of the games as they were played, because he was awarded a home run at the time.
We do not have the same paradox with walks. Because regardless of how we categorize what happens, there is no inconsistency with the fact that the player ended up on first base. So if we have accurate figures for how many walks Cap Anson got in 1887, I have no problem removing these from his hit total.
I do believe that Anson's hits in the National Association should count, but because he was probably the single most important figure in terms of the imposition of the original color line in baseball, I'm quite pleased to allow this injustice to stay on the books.
In short, f&ck 'em.