New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-06-29
RUSH FOR REVENUE STAMPS
APPLICANTS TURNED AWAY OWING ~
LACK OF SUPPLY.
CITY BANKS TO AID COLLECTOR TREAT By SELL
INC THE DOCUMENTARY sTAMPs-cHsM-
ISIS RAISE A FINE POINT

INC THE DOCUMENTARY sTAMPs-cHsM-
ISIS RAISE A FINE POINT.
The offices of Internal Revenue Collector treat
in the American Tract Society Building were
thronged all day yesterday with appNcants ioi
documentary and proprietary stamps Inc co"0'
tor has put in requisition for 4o""V" s''.p'
but all he has received thus lar have oeen apo''
500 Oo1 proprietary stamps Of small denominations
The great demand a. this office has been LOT 'ne
documentary stamps. and this demand Coilec'or
Treat has been unable even 10 begin 20 meet lne
Office would be simply swamped win business J"
should undertake to supply alone all the appn-
cants for the new stamrs 50 Mr.. Treat mas ms'e
other arrangements
He said Yesterday In order nor 70 interfere with
,ha business interests ~ the merchants more than
is absolutely necessary. have made arrange
rnents with q large number Of banks ~hloh nave
patrio.icay agreed 70 come To our rescue ana ~"
US IN accommodating the public The banks IN '"'
Wall Street district will oil sell me dochfneh'''>
stamps and have engaged special clerks ana pro-
v.ded special windows for me sal" ~ Stamps "
their patrons
Resides these the following banks have arrahge'
IN sell the stamps The Liberty National Bank
Liberty and West SITS Franklin National bdnk
Dew and Greenwich SIS: Irving National hahh
Warren and Greenwich SITS Gansevoort bahh
Nin'h-ave and Hudson-st New-fork county Ma
tional Bank Eighth-ave md FoGrteenth-st; Asior
Place Bank Aston Place and Lafayette Place
Central National Bank. Broadway and Pearl-St'
Tradesn1en's National Bank, West Broad"aN near
Walker-st Greenwich Bank Hudson ana |iar"-
son SIS Eas, River National Bank Broadway ana
Wesi Third-st. Mechanics and Traders BahH'
Broadway ard Broore-st National Citizens Bank
Broadway. near Walk"r-s'.. People Damn '"'''
and Thompson SITS
Tho greatest demand vss apparent between %
o'clock and noon and though the number Of apph-
cants decreased tho news spread that the stamps
were lacking there stil enough anplcants
I'm the afternoon 70 make life miserable Tor ne
officials US no use trying 70 argue WIN these
people" said a deputy collector who had been try
ing ~ explain 10 red faced and excited applicant.
they think We are trying to work some KIND Of
shell game on them. and when We tel them tne'
they cannot be supplied they look a. u' WIN an
expression ~ DO you think ve are green Inc
idea seems 70 prevail among some Of the appN-
cants that others are more favored than them
selves and that We are showing favortism in The
distribution Of the stamps but. ~ course. that r
absurd"
Several nice questions raised yesterday by
TIRE applicants. notably In the case ~ chemists
Nearly all large manufacturing chemists MAKE GER
tain chemicals which are reear9ed In general
sense "a uncomroundcd chemicals. bur owing -
some genuine or alleged superiority in process or
some other popularity they protect these prepara-
lions ~ name trademark. and In some cases Nv
patents SIN they are chemicals "n'h never
reach the public A. retail. or IN me FORM i' "'''''
they are originally put up They arc sold - phar-
rnacls,e who use them in oompoundng PHYSICIANS
presrripfions or articles which they may claim As
proprietary Schedule provides for a stamp TAX
on tho making preparing. selling or removing 'or
consumption or sac drugs medicines. preparations
compositions. articles or things lncNdihs per
NImfrv and cosmetics" but provides also that no
stamp tax shall be imposed upon any uncom-
pounded medicns. drug or chemical. nor upon any
medicine sold for the use az any person "hi'h
may be mixed compounded for SAID person a'-
cording 10 the written receipt or prescription OF
any practising physician or surgeon or wnch may
he put NJ or compounded by drugsls' OF P'"'
nacist selling AZ retail only
This according 10 the view OF several ln's'es'eu
representatives. Of large drug houses who were az
the Office Of Collector Treat YESTERDAY, To"'s
cais above referred TO- nut the exemption section
goes on TO say. The stamp taxes provided LOT "
or,,clcs c6mponrded by any fSrmua published or
s.hP,Iar 10 that OF patent, trademark or PROPRIETARY
medicine IN general. or which are adEertised on
for any alirnen, or as having any special claim -
mort or 70 any peculiar advantage y rnoos O..
~ would seem 70 Put the preparations alluded to
Another question which has been asked severa!
Inns by psrsS3"s %hG nse wS,ch we're stamped
under tho old Law requiring two-ceni internal
revenue stamp all checks IS whether these
oasv@rof A. once and dccisivrly Tie old stamped
crccks arc worthless now. The reason for this IA
thai when the old law was repealed dehnite tinr
st1rnrca checks and II was provided that 81 NOT
prc 4en I'D for redemption at the expiration OF that
limo should be regarded AS cancelled Anotns' "
2ay ma been " to the @ smccd IN TA n W Hf ad
~ Tho name OF the drawer across the face OF tho
stamp IS the cancellation what II has been asked,
TO peynt he sane ro persGn IPSn the and
using &, again. The answer 10 this Is that. IN ad-
dilon to writing ones initials on the stamp !, Is
necessary 70 put the date as well. and TINS II IL
GILL fraudulent
I; peculiar fact thar among an me app
the subdivisions 8 :. s and Of the special tax
section which apply 70 propriotors ~ theatres
ruseums concert-hals. c.rcuses, all other OK
hi5tlons shows for money bowling alleys ana
b!lardrooms II these persons DO not make az.
pication before Friday the depu,y-colcctors will
look them up. The law provides thar theatres.
museums. concert nails and circus propretors must
some Of the smaller places are 10 be believed II VIII
result In their closing up They complain that K
is manitestly unjust to tax small establishment NJ
heavily a large enterpris"
\ large number ~ deputy collectors are on
duty looking FOR cgar-deacrs who had more than
twenty thousand cigars and cigarettes or more than
one thousand pounds ~ tobacco on hand on June
II. as the latter are obliged 20 pay stamp tax for
the excc=s equal to one-half the regular tax
The following notice was posted yesterday at the
Produce Exchange: Applications for licenses as
the Collector Of Internal Revenue for this district
al No 1870 Nassau-st The license Zee is $50 for IN
diyidua or firm. Application sor license must be
acknO wledged before a notary by the individual
applicant by a member OF 'he firm
\ similar notice has been posted the Cotton
Exchange bulletin hoard The Board Of Managers
has adopted a form ~ oontrnc' made necessary by
the new Revenue law. ard the Board ot Directors
NJ the Coffee Exchange decided Yesterday 70 adopt
the form. with ml9or notifications
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