The herald., 1898-06-19
THE NEW REVENUE LAW
INSTRUCTIONS TO INTERNAL
REVENUE COLLECTORS
What Taxes Must Be Paid and How to
Pay Them-Various Stamps and
What They Cost

| WASHINGTON, June 1s.-The following
circular of instructions has been issued to
collectors of internal revenue:
| The revenue act of June 13, 1898, providing
stamp taxes on the documents. articles and
things enumerated in schedules A and B of
said act, becomes operative as to such take s
on and after July /. 1898. In view of the
public demand for information relative to
| the medium of procuring. affiXing and cam
ceiling said stamps the following instruc-
| tions are furnished with the request that
you give the same the widest publicity pos
sible. Adhesive stamps of the following
denominations will be supplied collectors
before July l. 1898, for sale:
Documentary stamps under schedule A,
8. H. s. TO- % and so cents. 81, 49, IS. $40 and
$50.
Proprietary stamps, schedule b, Is, "a, Is,
", !, N, 2, 2A, and cents.
These stamps may be sold to any person,
whether for use or resale, and when pur-
chased in quantities of 800 or more in value
at one time a discount of l per cent is al
lowed.
Wherever practicable, but one stamp
should be placed upon an instrument or ar
ticle; where any one stamp will not denote
be affixed. Proprietary stamps must be
affixed conspicuously on the outside of the
article or package and, where practicable,
so that the opening of the article or pack
age will destroy the stamps. All such
stamps must be plainly cancelled when
affixed by writing or imprinting with q
hand-stamp the initials of the party or firm
who paid the tax and the year when affixed.
Collectors should make orders at once for
proprietary and documentary stamps in
quantities and of the denomination desired
for two months supply. Stamps for
checks and drafts will be imprinted upon
the paper or instruments in the cities of
New York, Chicago, st. Louis. Atlanta and
San Francisco, and 1t is expected that such
imprinted stamps will be ready for delivery
before July 1. All orders for such stamps
will be made through collectors and for
warded to the stamp agent at the place
where such stamps are imprinted. If neces-
sary, the two-cent documentary stamp may
be used on bank checks, drafts, etc.
Private dies for printing proprietary
stamps will be prepared and furnished to
such proprietors as desire them and comply
with the provisions of section Of the act
of June 10, 1885, All designs for dies and ap-
plicatons for stamps must be submitted to
this office through collectors. All engrav-
ing will be done by the government at the
expense of proprietors and deposits to cover
cost of dies and the price Of stamps mot
less than $4,000 at one time) must be made
before the stamps will be printed. Manu-
facturers of proprietary articles will be re-
ouired to use the general proprietary stamps
until stamps can be furnished from their
designs.
Collectors will retain applications for pri-
vate dies and stamps therefrom until regu-
lations prescribing methods and means Of
securing the same are issued. The regula-
tions relative to the stamp provisions Of the
revenue act approved the 18th inst. will be
issued and distributed in few days.