Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1898-06-18

poration or company carrying on or doing
the business of refining petroleum, OF re-
lining sugar, OF owning or controlling any
pipe line for transporting oil or other
products, whose gross annual receipts ex-
coed $3.50, 900, shall be subject TO pay an
nually n special excise tax equivalent to
one quarter Of / per ccntum on tho gross
amount OF all receipts of such persons,
firms, corporations and companies In their
respective business in excess Of said sum
of $3.50, 900.
And true and accurate return OF the
amount of gross receipts as aforesaid shall
be made and rendered monthly by each OF
such associations, corporations, companies
or persons to the collector of the district
QPcnalty. not less than 81, 900 and not cx-
ceeding $40, 600 for each failure or refusal
TO make rcturn.)
Scc. IS. That from and after the LIST
day of July, 1898. n stamp tax Of / cent
shall he levied and collected ON every seat
sold in palace or parlor car and Gu every
berth sold in sleeping car, the stamp To bc
affixed To the ticket and paid by the con-
pany issuing the samc.
tScciions 20 30 and 81 provide for an
Inheritance tax ranging from as cents tax
per tle0 Of bequcst TO lincal descendants
TO 81 per hundred where the bequest goes
to strangers in bleed or corporations.)
Loans.
Fec. 81. That thc sccxc.ary of the treasury
Is authorized TO borrow from time To time
al "A rate uf interest not exceeding 3 per
centum per annum such sum or sums as
in his Judgment. may lie accessory to meet
public expenditures, and to issue therefor
certificate OF indebtedness In such form as
no may prescribe and i'm denominations of
$50 or sonic multiple OF that sum. and
each certificate so issued shall be payable
with the interest accrued thereon af such
time not exceeding orc year from the date
OF its issue. as the secretary of the treasury
may prescribe, provided that the amount
of such certificates outstanding shall AT no
time exceed 500, 00o, 900.
Sec 33. That the secretary of the treas
my is hereby authorized to borrow ON the
credit OF the United States from time To
time rs the proceeds may lie required 10
defray expenditures authorized ON account
of the existing war the sum Of s4oO, OO0,-
600, or so much thereof as may be- ncccs-
sary. and to prepare and issue therefor
coupon or registered bonds Of the United
and in denominations Of S20 or some null
tiplc OF that sum, reslccmablc i'm coin at
the pleasure Of the United States after ten
years from the date OF their issue and pay
able 20 years from such date and BEARING
interest payable quarterly i'm coin nc the
rate OF per ccntum per annuni, provided
thar The bonds authorized by this section
shall he first offered at par Us popular
loan under such regulations prescribed by
the secretary of tire treasury as will give
opportunity to the citizens Of the United
States TO participate i'm the subscriptions
to such loan, and In allotting said bonds
the several subscriptions of individuals
shall be first accepted. and the stibscrip-
tons for the lowest amounts shall DC first
allotted: provided further that any por-
ton OF any Issue of said bonds not sub
scribed for as above provided may be dis
posed of by the secretary OF the treasury at
not less than par, under SUCH regulations
as he may prescribe but no commissions
shall I've allowed or pad thereon, and "A sum
not exceeding onc-tenth Of / per centum
of the amount Of the bonds and certificates
herein authorized is hereby appropriated
out Of any money in the treasury not 9th
crwise appropriated 10 pay the expense OF
preparing, advertising and issuing the
same.
Coinage Of Silver Bullion.
See "a. That the secretary of the treas
ury is hereby authorized and directed to
coin into standard silver dollars M rapidly
rs the public interests may require, 10 an
amount, however, Of not less than 81 800
600 in each month, all Of the silver bullion
now In the treasury purchased in accord
ance with the provisions OF the act APP
proved July II, 1880, entitled, An act
directing the purchase of silver bullion
and the issue of treasury notes thereon,
and Tor other purposes, and said dollars.
when so coined, shall be used and applied
In the manner and for the purposes named
in said act
Mixed Flour.
Soc. IS. That for the purposes Of this
act the words mixed -four" shall he I'M
derstood To mean the food product made
from wheat mixed or blended in whole or
In part with any other grain or other ma
terial, or the manufactured product Of
any Other grain or other material than
wheat
Sec. 90. That every person, firm or cor
poration, before engaging in the business
81 making, packing Or rcpsciing mixed
flour. shall pay a special tax at the rate OF
s12 per annum. the same to be paid and
rNoSfQ1 In,