St. Paul daily globe., 1895-12-26

time to time, at his discretion, to issue,
sell and dispose of, at not less than
par, in coin, coupon or registered bonds
of the United States to an amount suf-
ficient for the object stated in this
section, bearing not to exceed three
per centum interest per annum, paya-
BILE semi-annually and redeemable at
the pleasure Of the United States, in
coin, after five years from their date,
with like qualities, privileges and eX-
emptions provided in said act for the
bonds therein authorized. And the sec
retary of the treasury shall use the
proceeds thereof for the redemption of
United States legal tender notes, and
for no other purpose. Whenever the
secretary of the treasury shall offer
any of the bonds authorized for sale
by this act or by the resumption act
of 1875, he shall advertise the same and
authorize subscriptions therefor to be
made at the treasury department, and
at the subtreasuries and designated de-
positories of the United States.
Section 2 That to provide for any
which may hereafter occur. the secre-
tary of the treasury is hereby au-
thorized at his discretion, to issue GER
tificateS of Indebtedness of the United
States to an amount not exceeding $780,
100000, payable in three years after
their date to the bearer, in lawful
money of the United States, of the de-
nomination of $40 or multipleS thereof,
with annual coupons for interest at
the rate of three per centum per an
mum, and to sell and dispose of the
same for not less than an equal amount
of lawful money of the United States,
at the treasury department, and at the
subtreasuries and designated depos1-
tories Of the United States, and at such
post offices as he may select. And
such certificates shall have like quail
ties, privileges and exemptions provid-
ed in said resumption act for the bonds
therein authorized. And the proceeds
thereof shall be used for the purpose
prescribed in this section and for no
other"
"a bill to temporarily increase reve-
nue. to meet the expenses of the gov
ernment and provide against a def
ciency."
BE it enacted, ETC., that from and
after the passage of this act, and until
Aug 1, 1898, there shall be levied, col
lected and paid on all imported WOODS,
of classes 1 and 2, as defined in the act
and subject to all the conditions and
limitations thereof and on all hair OF
the camel, goat, alpaca and other AMI
mails, except as hereinafter provided,
and on all noils, shoddy, garnetted
waste, top waste, slubbing waste,
waste and all other wastes, COM
posed wholly or in part OF
wool, and on all woollen rags,
mungo and fiocks, a duty equivalent
on such articles by an act entitled
IAN act to reduce the revenue and
equalize duties on imports and Tor otn,
er purposes" approved Oct. l, lS9O, ana
subject to all the conditions and llm1,
tations of said act, and on all WOODS and
Russian camel hair, of class 8, as de-
fined in said act approved Oct. l, 1890,
and subject to all the conditions and
limitations thereof, there shall be lev
led, collected and paid to several du-
Oct L. 1890, and paragraph 279 OF sched-
ule K, and also. paragraph $50, In the
free list in an act entitled "an act to
reduce taxation, to provide revenue 1or
the government and other purposes,
which became law Aug. u, lsSd; a are
hereby suspended until Aug. l, 1898.
Sec. 2!That from and after the pas
sage of this act and until Aug. l;
1898, there shall be levied, collected ana
paid on all imported articles, mace IN
other material described in section L
of this act, except as hereinafter pro
v.ded, 60 per centum of the speclnc
pound or square yard duty imposed on
each of said articles, by an act entitled
"an act to reduce the revenue and
equalize duties on imports, and for
other purposes" approved Oct. i, 1891,
and subject to all the conditions or ana
limitations there of. In addition to the
ad valorem duty now imposed on each
of said articles by an act entitled IAN
act to reduce taxation, to provide rev
enue for the government, and for other
PURPOSES which became a law Aug.
q, 1894; and in carpets, druggets, DOCK
ings, mats, rugs, screens, covers, mas
socks, beds:des, art square and other
portion of carpetings, made in whole
or in part of WOOL the specific square
yard duty imposed in each of said ar
ticles by said act, approved oct l,
1880, and subpect. to al! the condltlons
the ad valorem duty imposed on sucn
articles by said act, which became
law Aug. II, 1894
Sec. SSThat after the passage of this
act and until Aug; l, 1894, there shall
be levied and paid on import lumber
and other articles designated in para
graphs STA to 6S3 inclusive of an act
entitled IAN act to reduce taxation, TO
provide revenue for the government
and for other purposes Wnlch became
to 60 per cent of the duties imposed
on each of such articles by an act
entitled IAN act to reduce the revenue,
and equaliZe duties on imports, ana
for other purposes, approved OCT: !;
1890, and subject to all conditions and
limitations of said last named act, but
pulp wood shall be classified as round
unmanufactured timber, exempt from
duty; provided that IN case any Ior-
eign country shall impose an export
duty upon pine, spruce, elm or other
logs, or upon stave bolts shingle wood,
pulp wood or heading blocks exported
to the United States from such coun-
try, then the duty upon the timber
and other articles mentioned in said
paragraphs inclusive, when imported
from such country, shall be the same
as fixed by the law enforced prior to
1890.
Sec. 4-That on and after the pas
sage of this act and until Aug. 1, 1898.
there shall be levied, collected and
paid on all imported articles mentioned
in schedules A. B, c, D, F, G, H, l, j,
L, M, and n, of an act entitled AN
act to reduce taxation, to provide rev
enue for the government, and for other
purposes" which became a law Aug.
II, 1894, a duty equivalent to Is per
cent of the duty imposed on each of
said articles by existing laws, in ad-
dition to the duty of Aug. q, 1894; pro-
vided that the additional duties i'm
posed by this section shall not in any
case increase the rate of duty on any
article beyond the rate imposed by the
said act of Oct l, 1890, but in such case
the duties shall be the same as was
imposed by said act, and, provided
further, that where the present rate OF
duty on any article is higher than was
fixed by said last named act, the rate
of duty thereon shall not be further
increased by this section, but shall re-
main as provided by existing laws"