Pullman herald. [volume] (Pullman, W.T. [Wash.]) 1888-1989, 1898-06-18

the rates are to be multiplied by two; on
those ranging from 100000 to 100000
the rates are to be multiplied by two and
one-half, and on those above $l,00O,O0O
the rates are to be multiplied by three.
The tax is to be made lien upon the
property until paid and it is required that
the tax shall be satisfied before the legatee
is paid.
Certificates of Indebtedness.
The secretary of the treasury is auth
orized to borrow from time to time, at
rate of interest not exceeding per cent,
such sums as in his judgment may be
necessary to meet the public expenditures
and to issue certificates of Indebtedness
in denominations of $50 or some multiple
of that sum. Each certificate is made pay
able at such time not exceeding one year
from the date of its issue as the secretary
of the treasury may prescribe, provided
that the amount of such certificates OBJ
tanned shall at no time exceed 100000
600.
Adhesion Stamps.
AuneSlOu stamp CcCLlOl ploN luN9
that if any person shall make, sign or
issue any instrument or paper of any de-
scription without its being stamped, he
shall be guilty of a misdemeanor, the
penalty being 500 at the discretion of
the court.
Section s provides a penalty OF fine
not exceeding $1,000 or Imprisonment for
a term not exceeding five years or both,
for counterfeiting the stamps and the pen
atty is made to apply to all persons haV-
ing any connection with the counterfeit
ing.
Proprietors of proprietary articles are
given the privilege of furnishing their
own dies or designs for stamps, a failure
to perform which act is made a misde-
meanor punishable by a fine of not less
than $50. nor more than 5000, or by inn
prisonment of not to exceed six months
or both.
1t is also made a misdemeanor by sec
ton 10 to eyade the provisions of the
stamp law. punishable by fine not eN-
ceeding $500.
Exemptions.
Section l6 eXempts government, state,
county and municipal bonds from the OPP
Grafton of the law and also the stocks
and bonds issued by cooperative build
ing and loan associations, whose capital
stock does not exceed $4,000 and building
and loan associations or companies that
make loans only to their shareholders.
I ,,,.o,-iIos fpY IA or N
telegraph messages and eXempts mes
sages of officers and employees of the gov
eminent and official business and also the
messages of the telegraph or railroad COM
panies over their own lines.
Section 20 makes it a misdemeanor to
evade the plans of schedule b, relative
to drugs, medicines, perfumery, etc, pun
ishable by a fine not to exceed $500 or
imprisonment to not exceed six months
or both.
Medicines put up and sold at retail as
prescriptions are not included in the tax
able articles, leaving it to apply partic-
ularly to proprietary articles.
Section "A adds tax on proprietary ar
ticles to the duty on them, requiring the
afIiXing of the internal revenue stamp
before withdrawal for consumption.
Mixed Flour and Tea.
A substitute was adopted for the sen
ate provision for tax on mixed flour,
but the material points were retained.
In addition to the annual license OF Sl2
upon manufactures Il tax of 4 cents per
h1 Trpl il levied unOn all mixed flour man
ufactured, sold or removed for sale. The
same rate is proportionately levied on
half barrels and smaller packages.
Tea-There shall be levied, collected
and paid upon tea when imported from
foreign countries a duty of 10 cents per
pound. The tax becomes operative with
the act.
EIGHT HUNDRED MILLION.