The record-union., 1898-04-26

meet the increased rates. 1t follows:
That every person, firm or corpora
ton, who shall have made any contract
prior to the passing Of this Act and
without other provision therein, for the
payment of taxes imposed by law, en-
acted subsequent thereto, upon articles
to be delivered under such contract, is
hereby authorized and empowered to
add to the price thereof so much money
as will be equivalent to the tax impos-
ed on said articles by this Act and not
previously paid by the vendee, and shall
be entitled by virtue hereof to be paid,
and to sue for and recover the same ac-
cOrdingly. In all cases of articles man
ufactured by another, if the manufac
turer shall be required to pay under
this Act the tax hereby imposed, such
person or persons so paying the same
shall be entitled to collect the amount
thereof of the owner or owners, and
shall have a lien for the amount thus
paid on the produced or manufactured
goods
The amended article imposes a tax on
telephone MESA ges as follows: For
thirty miles or more, where the charge
does not exceed % cents, l cent; where
charges exceed % cents and do not eX-
coed 81 so, > cents; from 81 to So, .
cents, and charges exceeding So, 10
cents. official messages of the United
States are exempt from this tax, as
! we'll as that on telegraph messages
| Owners and operators of long distance
lines are required to report monthly to
the Commissioner of Internal Revenue
the number of messages during the
preceding month of a distance of thir
ty miles or more for which a charge has
been made, together with the amount
received, under a penalty of not ex
ceeding $500 for failure to report
The setting apart of $3.50, 900 for the
marine hospital service from the re-
ceipts from tonnage duties is limited TO
the fiscal year 1899.
For the expenses of assessment and
collection of these taxes $780, 900, or
so much of that as is necessary, is APP
propriated for the employment of such
Deputy Collectors and other employees
in the several collection districts of the
United States as may be necessary.
The exemption of bonds, debentures
or certificates of indebtedness issued by
the Federal, State, county, town and
municipal corporations from the stamp
taxes imposed by the bill is extended
to include cor other corporations eXer-
cising the taxing power"
Punishment for failure to require an
adhesive duty stamp on any dispatches
or messages is waived in the case of
press news dispatches.
Bank certificates of deposit not draw
ing interest are taxed two cents, and
those drawing interest five cents.
There are many other minor changes.
The Democratic members of the COM
mittee have a substitute proposition
for the bond issue, which is, briefly, as
follows:
ITO coin $50, 100000 of the seignior-
age now in the treasury to standard
silver dollars; to issue $50,000000 of
certificates of Indebtedness at a low
rate of interest, and to institute an in
come tax of per cent on all incomes
over $4,000"
While this latter clause does not pre-
sent any feature by which conflict with
the decision of the Supreme Court is
averted, the members profess a belief
that if the measure becomes a law
that the Supreme Court would be
brought to reverse it's previous decis-
ion.
Mr.. McMillin is intrusted with the
drawing of the income tax proposition.