Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1898-06-17

States and ports in British Nortl
America.
The provision on silver bullion is a
follows:
Coinage Of silver bullion-Tha
the Secretary OF the Treasury is here
by authorized and directed to coin int,
standard silver dollars, as rapid,
as the public interests may require, t,
an amount, however, of not less THAI
$l 100000 month, of the silver bul
lion now in the Treasury, purchase,
in accordance with the provisions o
the act Of July ii, 1890, entitled Al
act directing the purchase of silve
bullion and the issue of treasury note
thereon and for other PURPOSES IN,
said dollars, when 50 coined, shall b,
used when applied in the manner an,
for the purpose named in said act"
The following provision has beer
added to the bond provision:
Provided, further, that any portion
of any issue of said bonds, not sub
scribed for as above provided, may b,
disposed of by the Secretary of thu
Treasury ut not less than par, and un
der such regulations rs he may pre-
scribe, but no commissions shall be al
lowed or paid thereon, and sum no
exceeding one tenth of l per centun
of the amount Of the bonds and Ger
titicates herein authorized is hereby
appropriated out of any money in the
treasury not otherwise appropriated
to the expense of preparing, advertis
ing and issuing the same"
Adhesive stamps: Section 7 pro
vides that if any person or persons
shall make, sign or issue any instru.
ment or paper of any description with.
out its being stamped, he shall be
guilty of misdemeanor, the penalty
being 500, at the discretion of the
court.
Section s provides penalty OF fine
not exceeding ST 900 or Imprisonment
for term not exceeding five years, OF
both, for counterfeiting the stamps
and the penalty is made to apply to
all persons having any connection
with the counterfeiting. Proprietors
of proprietary articles are given the
privilege of furnishing their own dies
or designs for stamps, failure to per.
form which act is made a misdemean-
or, punishable by fine of not less
than $50, nor more than $500, or by
imprisonment of not to exceed six
months, or both. 1t is also made a
misdemeanor by section 10 to evade
the provisions of the stamp law, pun
ishable by fine not exceeding 5000.
Other sections following relate to
the administration of the bill. Sec.
ton II provides for the distribution of
stamps.
Section 16 exempts government,
State, county and municipal bonds
from the operations of the law, and
also the stocks and bonds issued by CO.
operative building and loan associa-
tions, whose capital stock does not ex-
coed $4,000, and building and loan as
sociatiOns or companies that make
loans only to their shareholders.
Section Is provides for a tax on tel
graph messages and exempts messages
of officers and employees of the govern
ment on official business, and also the
of the telegraph and railroad
over their own lines.
Section 20 makes it a misdemeanor
to evade the plans of schedule B, rela-
tive to drugs, medicines, perfumery,
etc., punishable by fine not to ex-
coed $500 or imprisonment not to ex-
coed six months, or both.
Incorporated medicines or those
having been put up and sold at retail
as prescriptions are not included in
the taxable articles, leaving it to ap.
ply particularly to proprietary articles.
Section "a adds tax on proprietary
articles to the duty on them, requiring
the fixing of the internal revenue
stamp before withdrawal for consump-
ton.
Medicinal proprietary articles and
Experimentation every packet, box,
bottle, pot or phial, or other Enclosure,
except natural spring waters and car
donated natural spring waters, where
such packet, etc, does not exceed ut
the retail price 5 cents, one.eighth of
| cent tax; when retail price is be-
tween 5 and 10 cents, ne.fourth of l
cent; between 10 and Is cents, three.
eighths of l cent; between Is and %
cents, five.eighths of l cent, and for
each additional 25 cent cents in value,
OF cent tax. The same
tax applies to perfumery and cosmet-
les and other similar articles used as
to the hair, mouth or
skin.
Chewing gum, each package OF not
more than 81 retail value, cents, and
Tor each additional dollar, 4 cents.
Sparkling or other wines, when bot.
lied for sale, upon each bottle contain
ing one pint or less, l cent; more than
one pint, 2 cents. The stamp is only
10 be affixed when the article in this
schedule is sold.
Petroleum and sugar refiners-Ev-
cry person. firm, corporation or COM
pany carrying ON the business of rein.
ing petroleum or refining sugar or
owning or controlling any pipe line
Tor Transporting oil or other products,
whose gross annual receipts exceed
F25O,OOO is made subject to pay annu-
ally special excise tax equivalent to
of l per cent On the gross
amount of all receipts in excess of
that sum. Returns to be made
The penalty is a fine of
81 600 to $4,000. A stamp tax of l
cent is to be collected on every seat
sold in palace or parlor car, and on
every berth sold in a sleeping car, and
The stamp to be affixed to the ticket
and paid by the company issuing it.
Inheritance taxa tax on inheri-
tances and legacies exceeding SIC, 900
is provided, as follows:
On sums between $40, 600 and $685.
on benefits to the lineal is.
sue or lineal ancestors, brother or sis.
ter of the deceased, at the rate of rs
cents for every 800.
Second-To the descendants of
brother or sister at the rate of $3.50
for every 500.
Third-To the brother or sister of