El Paso daily herald. (El Paso, Tex.) 1881-1901, 1897-04-02
MEXICAN MINING TAX.
An Important Decree to Take Effect on
the First of JULY

creed as follows:
, Art. |. SILVER and gold are subiec
in accordance with the provisions
this law, to the payment to the follow
ing taxes and charges:
|. Interior stamp tax at the rate {
three per cent on the value of sal
metals.
II. Coinage charges at the rate o
two per cent on the same metals.
Ill. A>sayipg charges, IN cOpform
ty with the tariff which the depart
ment of finance may publish.
~. Charges for smelting, refining
and separating, in &C :Ordance with II
Irrespective tariff which may be publish
ed by the same department..
| Art. z. The est nation of the pre-
ciOus metals, ia order to liquidate tn,
-tamp tax and coinage charges, tb,
values which the monetary laws of the
country shall serve as basis, the
| value of d kilogram of silver being al
pre- ent $40 9l5, and of a kilogram o
gold S676.416.
Art ). The cost of the respective
| operations will be taken into account
in connection with the tariff which the
So bsections III and " OF article L es
| ablishes for the collection of the
| charges.
Art. 4. Not merely gold and silver
In mixed bars, or consisting of one of
| these metals, but also su.pourates of
silver, ferrous copper and lead,
mineral IN a natural sraae, or conreu-
rate d, or which may have been
Denefcia Led to certain extent and
generally. any other ore or sub,ta ice
which contains silver or gold, are sub
sct to the payment of thu taxes and
;harges esta blisht by article l.
Art. 3. The stamp tax and coinage
and assay charges shall be paid 10 all
ases-whether it be that the substance
/. presented for coinage or for ex-
portation. The smelling charge shall
DOLLY be collected on til, substances
which are not homogeneous aud there
fore require to be Smelted in order
TO effect the assay, val uation and lilul-
alton of same: and the charges for
refining and separa ing sha only
apply to the substances destined TO
coinage.
Foreign money is not liable to the
burdens imposed by this law: but shall
be subject W hen introduced to a mint,
aud then only. for coinage purposes. TO
he payment of the COINAGE Oh .rges land
tlSu in proper cases 10 the hargeS es-
aoiished in sections III and " of said
article.
Art. 6. The payment of the re-pec-
tive taxes and charges shall be IN ,de
a. the minis or in the special assaviug
offices, whether the me ais be IL trJ-
duced for coinage, or for the purpose
of being exported to foreig COUNTRIES.
and in each case the requisites es alb
lished by the regulations must be COM
Piled with.
To those who cannot prove that they
nave paid the taxes in the est ,btish-
meuts men toned. and who may wish to
emit gold or silver. or any substance
which contains these metals 10
foreign country, it is decreed that they
may be allOweu to make the pay n-n5
at the customs houses upon the terms
md under the requisites which the
said regulations may provide.
Art. 4. The payment shall be made
n current money of Mexican coinage.
but as regards the stamp tax the col
lecting offices shall alfA 10 and cancel
On the respective documents, VIII Oh
hall be delivered to them by the ship
vers, the corresp, nding lamp for the
amount of said tax. These documents
shall be made out in the form which |
Ghe regulations shall provide, specify |
ing the value of the metal and the
amount of the tax and charges.
Art. 8. When the min raj substan-
ces destined for foreign coun ry, come
from any state in which they nave been |
the 9th of June, 1887, the coinage
:ha"ges and stamp tax may be liqui-
dated, taking as basis, always pro-
v ded that the department of finance |
mas so authorized, the value which has |
0een given to the mineral substances IN |
III. a-stviug office, or in that of taxes |
Of the stale.
Art. 9. The met.llurgical establish
ments, which by expre IS stpulatlon in |
force at the GATE of This law enjoy the |
privilege. are eXemp' ed from the pay
M, Mt from he cnj in
# the silver which they may export
direct. provided always that the pr
portion OF silver does not exceed seven |
mi esimos and that of argeutiferous |
copper is not more tnan twenty mjlesi- |
mos; but if the pr portion of silver ex-
ce1ds these limits, the sa d blisD-
mems shall pay the coinage tax in re- |
5pect of the excess.
THIS exemption app les only to those |
products which origie ally pr6cee d from |
the es Adjustments which enjoy the |
f. anch!se, AID not to those v h ich they |
may acquire from other concerns.
Art. 10. The mineral substance !
which contains less than $50 grammes |
# silver Or 10 grAmm' of gold per
;On, are excepted from the payment of
the tax and charges imposed by this |
law, the proportion between the one |
and the other limit to be taken into |
account in case of com binatiou of both |
metals.
Art. II. The mineral substances of |
gold or of silver which NAV be export
ed in their natural state or after |
mechanical concentration sh all be |
liable to the coinage charge aud also
the stamp tax in respect of the gold |
and silver which they contain, ten per
cent being deduct ed.
Art. ID Should the department of
finance deem so desirable, it may
grant special concessions to the CON
Germs which are il the habit of export
ing ores in large quantities. provided
that such concerns sat sfactoriiy prove
by means Of their DO ks and other
d 1cuments, the weight and proportion
of metal of the ores which they wish to
export, and that they admit, for this
purpose. the unconditional iutervent u.
of the fiscal inspectors. TUis conces-
sion may ba extended to arranging with
the exporters for the payment of a
fixed sum as remunera ion to the gov
ernment for the costs of the assay and
inspection of said mineral substances:
but in no case shall it a wv of al