The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-06-14
Preparations for Its Enforcement Al
most Completed by Secretary Gage
and His Assistants.
BOND PROVISIONS EXPLAINED
LETTER of INSTRUCTIONS TO PEO-
PIE WHO DESIRE TO SUBSCRIBE.
AIIOtments to BE Made as Fast an
Money Is Received-Fast Work
by the Printing Office.

WASHINGTON, June 13-The President
signed the war revenue bill this afternoon
at 3:O5 O'Clock, and ii is now law. Among
the many circulars which are being prepared
at the Treasury Department for wholesale
distribution is one instructing those who
will have to pay the taxes under the new
law, telling them what they must do in the
matter of taking inventories of taxable
stock on hand. making returns of the same
to the collectors and advising them of the
penalties resulting for breaking in upon In
ventory stocks before permission is given
by the government and before the proper
stamps are attached. The ensuing two
weeks will be a season of great activity in
the Treasury Department and among mer-
chants and manufacturers in the way of
preparation for the new order of things.
The Government Printing Office has added
another feat to its wonderful record of
achievements. 1t has been known to print
an edition of the Revised Statutes in sin
gle night, and only a few weeks ago the
report of the board of inquiry into the cause
of the disaster to the Maine was turned
out by this great establishment in one night,
including the illustrations which accompa-
MED it. Saturday afternoon, at $3.50 o'clock.
Secretary Gage delivered into the hands of
Captain Bryan, foreman of printing. the
material to be used in the preparation of
circulars relative to the new war loan au-
thorized by the act approved by the Pres
ident to-day. Almost 100000 of these cir
culars, subscription blanks and pamphlets
descriptive of the bonds were required.
Captain Bryan hesitated as to whether or
not the Government Printing Office. with
all its vast facilities, would be able to ac-
complish so great undertaking in the
o.oA
Saturday and d. m. Monday-it being the
desire of Secretary Gage that fifty of the
most rapid mailing clerks in the Treasury
Department be in possession of the material
at the latter hour. This morning, before
the time indicated, the entire work of print
ing had been DONE and wagon from the
Government Printing Office, at ten minutes
to 8, delivered the first 10000 of each of the
circulars. blanks and pamphlets required.
The treasury force was busy to-day pre-
pairing for the mails the enormous number
of papers that will be sent out to all money!
order postofflces, banks and express offices,
and in order to avoid congestion of the
mails Assistant Secretary Vanderlp invited
the cooperation of the postmaster at
Washington and the superintendent of the
railway mail service, and by their direction
the bundles are being prepared according
to States and Territories and sent to the
postoffice in installments. BY tomorrow
noon this work will all have been accom-
plished, and these messengers from the
treasury will be on their way to millions
of American citizens. 1t is probable that
never before has so systematic and ener-
getic an effort been made to actually reacn
the people. The treasury will mot wait for
the people to come to it; it has gone to
them, and every man, woman and child
who has $40 to invest will not lack an OPP
portunity to buy government bond and
thus participate in the loan.
Already many have subscribed heavily to
the loan, not by single subscriptions, but
by several, expecting thus to be allotted
among the first. 1t is the intention of the
department, under the law, to consider sew
eral subscriptions by the same individual.
one subscription. Thus fifty separate SUBJ
Scriptions, each for a twenty-dollar bond,
by the same person will be considered as a
single subscription of $1,000 for twenty-dof-
lar bonds, and such subscriptions will have
to wait for allotment until the one-thousand
class is reached.
Another important feature in floating the
new loan is found in the fact that Secretary
Gage for all subscriptions of $500 and less,
will begin the allotment at once. This TACT
should be borne in mind by small investors,
in order that they may not delay their sub
scriptionS until the last moment, when the
heavy subscriptions are taken up for con-
Sideration For all amounts received or
$500 and under receipts will be given i'm
mediately and the bonds delivered at the
earliest practicable date. This course is
taken, it is understood because II is be-
lieved that after all the small demands are
be distributed among the large subscribers.
although the indications at the present time
are that the loan will be participated in TO
an unusual extent by people of small