Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1898-06-15

n
each ticket for seat in a palace or
parlor Car or berth in a sleeping car
after July l, the stamp to be affixed
and paid for by the company issuing
lit.
Graded taxes are imposed on lega-
cies and distributive shares of personal
property.
The senate accepts the certificate Of
indebtedness and loan provisions OF
the house, with reduction of the
amount of bonds authorized to $780,
100000. The provision that no bonds
shall be issued until at least $50, ,00O,-
900 of Indebtedness certificates are out
standing has been eliminated. The
sections now read:
"Sec. 80. That the secretary of the
treasury is authorized to borrow from
time to time, at rate of interest not
exceeding 8 per centum per annum,
such sum or sums as in his judgment
may be necessary to meet public ex-
penditures, and to issue therefor GER
tificates of Indebtedness in such form
as he may prescribe, and in denomina-
tions of $50 or some multiple of that
sum, and each certificate so issued shall
be payable, with the interest accrued
thereon, at such time, not exceeding
one year from the date of its issue, as
the secretary of the treasury may pre-
scribe, provided that the amount OF
such certificates outstanding shall at
no time exceed S1OO,00O,0O0.
"Sec. 33. That the secretary of the
treasury is hereby authorized to bor-
row, on the credit of the United States,
from time to time, as the proceeds
may be required to defray expendi-
lures authorized on account OF the
existing war (such proceeds when re-
ceived to be used only for the purpose
of meeting such war expenditures,)
the sum of $4OO,000,000 or so much
thereof as may be necessary, and to
prepare and issue therefor coupon or
registered bonds of the United States
in such form as he may prescribe, and
in denominations of $50 or some mul-
tiple of that sum, redeemable in coin
at the pleasure of the United States at
ter 10 years from the date of their issue,
and payable 20 years from such date,
and bearing interest payable quarterly
in coin at the rate of 8 per centum
per annum, and the bonds herein au-
thorized shall be exempt from all taxes
or duties of the United States, as well
as from taxation in any form by or
under state, municipal or local author
| ity; provided that the bonds author
lied by this section shall be first
offered at par as popular loan, under
such regulations, prescribed by the
secretary or the treasury, as will give
opportunity to the citizens of the
United States to participate in the sub
scriptions to such loan, and in allot-
ting said bonds the several subscrip-
tions of individuals shall be first ac-
cepted, and the subscriptions for the
lowest amounts shall be first allotted,
provided, further, that any portion OF
any issue of said bonds not subscribed
for as above provided may be disposed
of by the secretary of the treasury at
not less than par under such regula-
tious as he may prescribe, but no com.
missions shall be allowed or paid
thereon, and sum not exceeding one
tenth of l per centum of the amount
of the bonds and certificates herein
authorized is hereby appropriated out
of any money in the treasury not 9TH
erwise appropriated to pay the expense
of preparing, advertising, and issuing
the same"
The senate recedes from its coinage
of the silver seigniorage amendment,
and a substitute is agreed to simply
authorizing and directing the coinage
of not less than 100000 silver dollars
per month from the silver bullion held
in the treasury; such silver dollars to
be applied as provided by the act Of
July IA, 1890. The section now reads
as follows
"Sec. "a. That the secretary of the
treasury is hereby authorized and di-
rected to coin into standard silver
dollars, as rapidly as the public inter-
ests may require, to an amount how
ever, of not less than S1,500,00O in
each month, all of the silver bullion
now in the treasury purchased in ac-
cordance with the provisions of the
act approved July IA, 1890, entitled
"An act directing the purchase of sill
yer bullion and the issue of treasury
notes thereon, and for other purposes,
and said dollars, when so coined, shall
be used and applied in the same man
ner and for the purpose named in said
act"
A tax of four cents barrel is levied
on "mixed -four" and a tax Of 80 a
year on manufacturers thereof. Pack
ages containing the article are to be
stamped. "Mixed Flour" in plain
black letters at least two inches in
length, together with the ingredients
and the name of the maker. This
section is modelled after the Oleo-
margarine act.
An important duty at 10 cents per
pound is imposed on tea, to take effect