davidaulloa/AmericanStories huggingface dataset:
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-07-02

1t was evidently the purpose of Congress
that railroad. express and other companies
acting as common carriers should provide
and pay for the internal revenue stamps
required That section of the law reads as
follows:
1t shall be the duty Of every railroad or
steamboat company. carrier express com
pany or corporation or person whose occu-
patton is to act SUCH to issue to the ship
per or consignor or his agent, or persons
from whom goods are accepted for trans
portation. a bill of lading, manifest other
evidence of receipt and forwarding for
each shipment received for carriage and
transportation, whether in bulk, boxes,
bales, packages. bundles not so inclosed
or included; and there shall be duly at
tached and Cancelled. as in this act pro-
vided, to each of such bills of lading, etc.
and to each duplicate thereof, stamp of
the value of l cent Any failure to
issue such bill of lading, manifest etc. shall
subject the railroad. steamboat company.
carrier or express company to penalty of
so for each Offense.
1t must be evident that the foregoing pro-
vision clearly implies that the common car
rier must furnish the stamp for the reason
that when the manifest, bill of lading or
receipt is given to the shipper the stamp
must have been attached and Cancelled. If
it meant otherwise, it would be made clear
tnat the shipper must attacn the stamp.
Again, if the shipper were responsible for
the stamp, the penalty, which the law pro-
vides would apply to him, whereas the car
rier by the law, is the party subject to the
fine of $50 for failure to furnish a stamped
receipt.
In the matter of telephone messages the
company is required to keep an account of
the number of messages sent for which Is
cents or more is received, and make d
sworn return thereof to the internal reve-
nue. official at the end of each month, and
pay l cent for each message. Here, again,
it is the obvious intent of the law that the
company sending the message shall pay the
tax. This view is sustained by other Sec
lions of the law. The man making the
draft the note the deed or mortgage
pays for the stamp, becauses the initials of
the maker cancel the stamp In each case
The attempt of several corporations to
transfer the tax which is imposed upon
them. and which Congress designed that
they should pay has already called forth
many protests because of the injustice
which it involves. The common carriers are
among those which will be most benefited by
the war, consequently they should not shirk
payment of their share of the tax.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-07-02


authority to transfer is contained on the
transferred the stamp must be placed on
the transfer certificate: that is to say upon
the surrendered certificate containing the
transfer. In cases of agreements to SELL
or where the transfer is by delivery of the
certificate assigned in blank, there must be
executed a memorandum thereof, to which
the stamp is required TO be affixed.
Under the ruling herein stated. in case
ttnat may be suppoSed) of a man who is the
owner OF certificate for 100 shares of stock
and wishes to sell ten OF them to another
person, the result being that one certificate
would be issued for the ten shares sold and
also an additional certificate for the ninety
shares still remaining with him. the certifi-
cate for ninety shares issued with the GER
uhcate for ten shares sold in lieu thereof)
does not require any stamp. and the GER
tlncate Tor the ten shares does not require
a stamp representing the tax of cents on
each 500 of face value or fraction thereof
as 1t is not an original issue The only
stamp required with reference to those GER
tlncates is stamp on the transfer of the
ten shares sold, representing payment of the
tax or cents on each 800 of face value or
fraction thereof
In another case Stated for illustratiOn)
Where man holds several certificates for
shares of stock. aggregating 100 shares and
Ior ms convenience calls upon the company
70 issue to him in lieu thereof one certificate
Tor 100 shares there being no sale or agree
ment TO sell or memorandum of sale or de-
livery or transfer of this new certificate
the statute does not require the affiXing of
any stamp thereto.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-07-02

Very few people will ever know what the
senators opposed to the acquisition of Ha-
wall have been saying the past three weeks.
What they have said will be printed in the
Congressional Record sooner or later. but
very few persons read the Record from be-
ginning to end. Doubtless such senators will
send out copies of their speeches on this
subject, but while the constituent may be
devoted to the interests of his senator his
capacity for long suffering will have ended
long before three days speech has been
read
While these long wnded speeches have
been occupying the time of the Senate, the
intelligent people of the country wit
Messing object lesson which has taught
more effectually than speeches in Washing
ton the Importance of acquiring possession
of the Hawaiian islands. Unexpectedly Ad-
mral Dewey won victory at Manila which
makes the occupation of the Philippines
matter of the utmost Importance. Troops
and supplies were necessary in order to pre-
vent his brilliant victory from ending in
disaster. A third expedition has just sailed
expedition which sailed must now be near
the Philippines, but it is so because the Ha-
waan authorities, instead of observing the
international law relative to the coaling of
ships a warlike mission, boldly de-
clared that that government is an ally of
the United States and offered to fill our
ships empty bunkers with coal. Because of
nj
the much-needed achievements are very
near Manila.
Suppose the efforts of the Cleveland adj
mnstration to undo the work of the Har-
rison administration in recognizing the
present republic of Hawaii and giving it
protection had been continued and the ex-
Queen had been restored to power in Ha-
waii-a scheme which the late Secretary
Gresham and Special Commissioner Blount
seemed to favor-what would have been the
effect upon the efforts of the United States
to send reinforcements to Admiral Dewey?
A government hostile to the United States
would hold Hawaii and our ships would
have been refused the privilege of coaling
thus preventing them from making the long
run between Hawaii and Manila. our ships
might get there. but they would have been
retarded many days by taking along slow
sailing golfers. Because the authorities Of
Hawaii were made the friends of the United
States by the Harrison administration we
had an ally where otherwise we would have
had neutral and a secret foe
This is the object lesson which the Ameri-
can people have been learning while the
opponents of annexation have been making
Iong speeches to empty benches and to fill
the pages of the Congressional Record at
the public expense.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-07-02

= A letter is published from Postmaster
General Smith to Roswell Beardsley of
North Lansing, n. Y, congratulating him
on the completion of seventy years consec-
utive service as postmaster of that village,
without a single reprimand from the de-
partment or an error in his accounts. The
postmaster general says:
Acceding to office under the administra-
ton of the younger Adams. and through the
recommends ton of New Yorks illustrious
statesman, William II. Seward. you have
served under nineteen presidents and thir-
ty-four postmasters general. to the entire
acceptance Of all Born during the very in
fancy of the century now closing, you have
been q Witress of events stupendous in
character scope and result, and unparal-
leled in any equal period of the worlds pre-
Vious history.
This is a record to be proud of, not less
on account of the governments approval
than that of ones neighbors, which in the
case of a village postmaster is not always
so easily retained
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-07-02

ago for 800. At least. there being no COM
petition, they were bid in at that price. The
bonds were issued fifty-six years ago in sat
isfac'ion of claims made by citizens of the
United States and admitted by Spain TO the
amount of $3.50 $50. Instead of paying the
claims the Spanish government issued bonds
for the amount, and the Treasury Depart
ment at Washington issued certificates on
them. bearing per cent. interest and paya-
BILE through the Treasury Department. The
certificates went into the hands of Eastern
investors ard the interest has been paid
regularly by the Spanish minister at Wash
ington. amounting in fifty-six years to near
ly %,7c00C0. until now. there being no Span
ish minister at Washington. the interest is
in default. The late banker W. w. Cor
coraE, of Washington, who invested in all
kinds of government securities, left $4,000
of these bonds to the Louise Home char
ity founded by him in that city. The Span
ish government may resume payment of in
terest on the bonds after the war. but it is
doubtful.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-07-02
Orders of the Texan Obeyed by DEM
Ocratic Representatives.

WASHINGTON. July 1.-To-day's session
of the House was of little legislative inter-
est. A few private bills were passed and
lance were adopted. Adjournment. which
involved the abandonment of the evening
pension session. was taken until Tuesday
sequel to the Bailey-Grosvenor incident
of Wednesday furnished an incident of more
novel and sensational interest to-day. Mr.
Bailey demanded the name of the Demo-
cratic congressman who was said to have
written the article Mr.. Grosvenor refused
to give it, Mr.. Bailey had the Democratic
members stand up to disavow authorship OF
the article which those present did Prevl-
ously Mr.. Grosvenor said he thought the
time had come when the author of the arti-
Gle should come forth and acknowledge it.
Mr.. McCleary CRep, Mimi, of the COM
mittee on banking and currency, who pre-
scented the recent report on the banking and
currency bill, arose in the House to a ques-
ton OF personal privilege. reading from
Washing on paper in WITCH the committee
was charged with plagiarism in taking much
OF its report from the June number of the
journal or banking. He denied the charge,
explaining that synopsis of the report,
constituting quite Il small part of the entire
commission, and had been Incorporated in
the report in order to make 1T frankable,
and also because it covered completely the
ground of the full report. Pending the
printing of the report the synopsis was fur
nished by the monetary commission to the
Journal o. Banking. Mr. McCleary referred
in severe terms TO his colleague on the com
mittee. Mr.. Fowler (Rep.. n. j., who had,
Mr.. Fowler was not in attendance. AT 4:J0
the House adjourned until Tuesday.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-07-02

States have had to change their Constitu-
lions so as to make them conform to that
of the United States. and no trouble could
arise on this score in the case of Hawaii,
But the statements regarding its present
government are not true. The government
is thoroughly republican in form, the suf-
frage is not unduly restricted, and there is
no dsfranchisement of natives. The Con-
stitution in prescribing the conditions of
suffrage, makes these qualifications for
voters for members of the lower house of
the Legislature: The voter must be male
citizen of the republic; must have resided
in the district in which he offers to register
not less than one month Immediately pre-
cedng the time at which he offers to reg
lister; must have attained the age of twenty
years; must have taken and subscribed an
oath of allegiance TO the republic; must
have paid all outstanding taxes and must
be able to speak. read and write in the
English or Hawaiian language There is
nothing unrepublican in these provisions.
and the one regarding an educational quail
fication is very cOmmendable. That natives
are not DISTINGUISHED is shown by the fact
that among the officers of the present House
of Representa- tives are j. l.. Kaulukou,
speaker: S. w. Kaaf, vice speaker, and j.
K. Keola, secretary, the name in each case
indicating native origin. The roll of the
Senate shows fewer native members, but
still considerable proportion of natives.
The Hawaiian government is all right and
if it were not we could soon make it so
after annexing the islands.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-07-02

WASHINGTON July 1.-President Nc
Kinley to-day appointed George Bruce Cor
telyou, of New York, as state secretary to
the President to fill the additional position
of that grade recently created by Congress.
For nearly three years Mr.. Cortelyou has
been the chief executive clerk to the Presi-
dent. He is a graduate of the law schools
of Georgetown and Columbian Universities
receiving from the former the degree of
LII. B., from the latter the degree of LII. NJ
He has been for many years member of
the New York Press Club and various other
organizations, and has been a frequent con-
tributOr to newspapers and magazines
When Mr.. Porter became secretary to the
President he assigned to the executive clerk
ship many duties not before associated with
the place. AS the occupant # that posi-
ton Mr.. COrtelyou has had the carrying
out of the more important orders of the
President and his secretary. and has had
charge of the correspondence, with a gen.
erdl supervision of the clerical forces He
is the confidential clerk TO President Nc
kinney, and to him the President dictates
his addresses messages and other state pa
PEGS Under the direction of Secretary Por-
ter he prepares these documents for the
public printer and the press. He also has
charge of Mrs. McKinley'S correspondence
and the arrangement of her receptions
During the busy days of the present admin
istration his duties have been OF an exceed
and particularly has this been SO of late the
work and responsibilities of his position
having been greatly increased since the dec
ldrdtiOn of war with Spain.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-07-02
L. z. LETTER BORROWS MONEY.
Indications that His SOn's Losses in
Wheat Exceed $6,OOO,O0O.

CHICAGO, July Levi q. Letter has
completed negotiations with the Northwest
ern Mutual Life Insurance Company for
loan of 100000 for ten years a per cent
The security consists of number of the
most valuable pieces of business property in
the city. In completing the details of the
loan Mr.. Letter informed the agents of the
Northwestern that he would probably re-
quire further advances of about $500 900 or
81 0c0. coo. The money obtained by Mr.. Letter
Will go toward the liquidation of the debt
incurred by his son. Joseph Letter in wheat
speculation. The share of Joseph Letter in
the immense estate of his father will lie
nearly. If not entirely, consumed by his spec
ulation. Mr.. Letters notice that he would
probably require between $4,000 600 and 81
000000 in loans on his property is taken to
indicate the extent of Joseph Letters losses
he is compelled TO bear being the excess sum
of losses in the deal above Joseph Letter s
private fortune, which was variously esti-
mated at from 81 GOO coo to 100000 before
he began his career on the Chicago Board of
Trade over year ago.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-07-02
HAWAIIAN GOVERNMENT REPUB-
LICAN IN FORM.

The opponents of Hawaiian annexation are
beating the bushes" for reasons why the
arguments in favor of annexation those
based on the geographical location Of the
islands and on strategic and commercial
reasons. are unanswerable. the anti
annexationists are hunting arguments on
other lines. Among other things. ii is
charged that the present government Is rot
republican i'm form. that the Constitution is
un-American. the suffrage very restricted.
the natives DISTINGUISHED, etc. Even if this
were true it would not be material. because
all these matters could easily be regulated
after the acquisition of the islands. Many
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-07-02
General Notes.

WASHINGTON. July IA large delega-
ton of senators and representatives called
on the President this afternoon and urged
the appointment of Hon. NJ. H. De Young,
of SaE Francisco, as president of the United
States commission to the Paris Exposition
The President signed the bankruptcy bill
this afternoon
Senator Fairbanks has been obliged to
Ohio. and Repre- sentative Faris had to tele-
graph his inability to speak al Brazil Ind
the same day He cannot absent himself
from Congress at this time
Colonel Durbn writes that he expects to
have his regiment fully recruited by the
last of next week, and that his command
will be ready for the field as soon there
after as the government can furnish equip
ments
The Indian and the sundry civil appropria-
ton bills became laws shortly after
o'clock to-day when the President affixed
his signature
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-07-02
CERTIFICATES OF STOCK.
Words "OriginaI Issue" Construed by
Internal Revenue Bureau.


WASHINGTON, July lon the question
A, of the act of June 49, 1885, imposing a
tax ION each original issue whether on or
ganization or reorganization of certificates
of stock" it is held by the commissioner of
internal revenue in circular issued to-day.
that the meaning of the words original is
sue" as therein used, is limited and con-
troled by the words whether on organza-
ton or reorganization" and that, therefore,
the only certificates of stock on which the
tax of cents ION each 500 of face value
or fraction thereof" is imposed by this act
are those certificates issued on or after July
!, 1898. on the organization or reorganiza-
ton of a company.
1t is held further that in the case of a
corporation having flor instance) an au-
thorized capital stock of SlOCo,COO of which
it has issued only 100000 prior to July l.
1898, and on or after that date finds it neces-
sary to make one or more additional issues.
under the authority possessed by it, each
additional issue thus made is an Original
issue" within the terms and meaning of the
statute under consideration and the GER
titcate or certificates in lieu thereof, the
stamp tax.
Where any original certificate issued is
presented by the holder to the company or
corporation for the issuance of another GER
tifcates or certificates in lieu thereof, the
certificate or certificates thereupon issued
to take the place of the original certificate
could not. under the language and limitation
of the statute above recited, require any
stamp as long as there is no sale or agree
ment TO sell or memorandum of sale, or
transfer of any Of these certificates issued
in lieu of the original.
In case of sale. where the evidence of
transfer is shown only by the books of the
company. tax of 2 cents is required to be
paid on each 500 CT face value or fraction
thereof and the stamp representing this is
required TO be placed upon such books.
Where the change of ownership is by trans
fer certificate, that is 10 say, the executed
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-07-02

The New York Journal, the most effective
Bryan newspaper in the country during the
campaign of 1885, has not fully supported
the war policy of the administration, but it's
course has been so fair, in comparison with
the New York World, and it's owner, Mr.
Hearst, has been so liberal in aiding the
government that it has won much favor.
The proprietor, Mr.. Hearst, went to San
tiago soon after the arrival of the army,
and, after viewing the situation, tele-
graphed his conclusions to his paper, as
follows:
The officers have full control of the men.
1here is no apparent clash of authority,
and 1t is now obvious, not only to military
CiltlcS. but TO laymen, that Mckinley wise
~ chose not to send these thousands of men
INTO TINS scorchlng, clustering jungle until it
was an effective army, well balanced and
adjusted, and fit to fight desperate enemy
under tropic SUM- The army got here
neither too soon nor too late. The stroke
was timed with sure judgment. Now that l
am here on the spot | can actually see the
difficulties and pecuiarties Of this cam
paign l am satisfied that Mckinley was
right IN deciding to attack Santiago rather
than Havana. With good water and high
ground here we may accomplish in the
impossibilty in the deadly lowlands and
sWampS of Havana province
1t is not that the foregoing is personal
approval of the war policy of the admins
tration that makes it important but that a
man who has been sharp partisan has the
manhood to make a statement which sets
aside many of the criticisms of his paper
and will give to thousands of it's readers
that confidence in the men in charge of OPP
erations which is SO essential to success.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-07-02

Special to the indianapolis Journal.
WASHINGTON. July 1.-Senator White
of California, who jointly with Jones, of
Arkansas, has charge of the Hawaiian fill
buster said tonight that Congress would
not adjourn next week, 'but would the
week after" That is the first definite
statement emanating from either of the
leaders of the obstruction Senator's
Spooner, Daniel and Turpie. who were
booked for long anti-annexation speeches
next week. have declared they would not
speak Others are weakening. The back
bone of the combination is getting decidedly
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-07-02

The worst enemies the United States has
at the present time are officials like Senator
Money, of Mississippi who told an inter
viewer what he would do with the German
fps and marines at Manila These bonn
bastic utterances are sent abroad as ex-
pressons of opinion by prominent officials,
and, the insignificance of the men uttering
them not being known, they are likely to
create ill-feeling when there is no cause
for it, These are the men who urged on the
war without preparation and then held
back the revenue bill and finally voted
against it. They are the men fighting the
acquisition of Hawaii, when support could
not well be sent to Admiral Dewey without
Hawaii for a coaling station. In and
peace alike such men are the curse of the
Republic.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-07-02

If it should prove true, as stated, that
Admiral Watsons orders will be to follow
Admiral Camara wherever he may go and
attack the Spanish squadron wherever he
may find it, the result may be one of the
most spectacular ocean chases on record.
If the Spanish squadron should turn back
and seek the coast of Spain the meeting and
battle would occur in that vicinity, but if
It attempts to reach the Philippines Admiral
Watson would follow it through the Suez
canal and On TO Manila completing its de-
struction If Dewey should leave anything
Of IT, In either case the chase would be the
longest since Lord Nelson's pursuit of a
French fleet across the Atlantic and back.
IA 1909