The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1899-05-12

completed, nor can they be construed as
executory contracts for sales TO be COM
pleted subsequent 10 their making.
Il am Of the opinion that Exhibit A is
not taxable under any provision Of the war
revenue act, for Ii is agreement on
The part of the signer TO buy stock, but
the opportunity to buy is entirely dependent
upon the disposition OF the party (the
bearer) TO whom the paper is given. There
is no provision of the war revenue act, so
far as L can find. which taxes such
transaction
Il take a different view, however, of E>x-
hibit B. In that case the signer agrees to
sell the stock described in the paper, at the
price named provided the holder of the
paper calls upon him within the time speci-
fed think this transaction is subject TO
the tax provided under that portion of the
first paragraph of Schedule A of the war
revenue act, which reads as follows: And
on all sales. or agreements TO sell. or
memoranda of sales or deliveries or trans
fers of certificates Of stock in any associa-
tion, company corporation, whether made
upon or shown by the books of the associa-
ton. company or corporation, or by any
assignment in blank or by any delivery. or
by any paper or agreement or memorandum
or Otner evidence OF transfer or SAFE WilelH-
er emitting the holder in any manner TO
the benefit of such stock, or TO secure the
future payment of money or for the future
transfer of any stock, on each hundred dol
lars of face value or fraction thereof, 2
cents
1T is true" the assistant attorney gen.
eral says. that the completion OF this
transaction depends upon whether the bear
| ar al 70 1tlv ha Sfo dpscribpd
the time and at the price named. but very
certainly the maker agrees to sell provided
the bearer comes forward and requires 1t"
Rural free delivery is ordered established
at Covington, Ind, and Samuel F. Board
appointed letter carrier.
DIR. II. A Duemling has been appointed
an examining surgeon at Fort Wayne.
The Navy Department to-day made public
the report of Rear Admiral Sampson upon
the recent cruise of the north Atlantic
squadron in the West Indies. On the way
to the rendezvous. at Guantanamo bay, an
inspection was made Of the hulk of the
| Cristobal Colon. Admiral Sampson says the
| Spanish flagship shows no strain whatever.
| He speaks in high terms of Guantanamo
| bay as headquarters for the winter cruises
prospects for the future of the eastern end
OF Cuba. The admiral speaks of the business
| of General woods's administration of af-
fairs in Santiago. where he landed and in
| spected the roads and other improvements
being made. The details of the reception ac-
| corded the squadron by the President of
| Venezuela are set out and the report al
| ludes to the depression of business In that
| country owing to the low price Of coffee.
At Port of Spain, Trinidad, he was struck
| by the appearance of prosperity Of the city
| and country and says the government and
| people did their utmost to show their
hearty good will.
| Assistant Secretary Spaulding has decided
| copyrighted books printed in Europe from
| plates made from type set in the United
| States are not subject to the prohibition of
| Importation in Section of the copyright
act of March 3, 1891. He has also decided
| that American goods which have been inn
proved in condition or advanced in value
| abroad by American labor and materials are
4 dutiable on reimportation.
| The commissioner Of internal revenue has
| held that conveys ances from husband to
a third party and from the third party to
| the wife of the original grantor, to operate
| as a gift to the wife, are each taxable.
The National Museum in this city has re-
ceived from Admiral Dewey two cannon
captured from the Spaniards when Cavite
| fell. In one of them two shells fnd a grape
shot were found and the museum officials
| are wondering whether il had been loaded
| by the Spaniards during the fight and in
cautiously sent home by the gallant ad-
| miral A gunner summoned from the navy
| yard extracted the shells, which contained
moldy powder, but would have exploded If
ignited. The transport Buffalo, which
reached New York several days ago. has
six cannon from naval officers at Manila
consigned to the museum.
| The remains of General II. G. Egbert.
which arrived here yesterday from Manila,
| were inferred at Arlington Cemetery this
afternoon with full military honors. All
the available troops in the vicinity of Wash
| ington were ordered out by the War De-
| partment and many distinguished army OFF,
| GERS were in attendance upon the funeral
| exercises. "'s
| A complete denial was given at the Treas
ury and Interior departments to-day to the
| sensational story published this morning of
| a deep-laid counterfeiting scheme that had
been unearthed in the photographing room
| of the Patent Office. According to the story
| referred to, there had been discovered in q
| low and noisome vault of the Patent Of
| flee Photographic negatives Of small bills
| from 81 to So From these there had been
| printed large amounts of high-grade coun-
| terfeits, which were being circulated broad
| cast in Cuba. Commissioners DUEL said to-
| day: "The whole story is sensational
| canard. The only basis for IL Is couple OF
| Photographic negatives. and poor ones al
| that found by a messenger last Saturday
| while cleaning out some old pigeon holes
| l sent them 10 Chief Wilkie, of the secret
| service. as the making OF such plates is
| against the law, but / have not seen or
| heard anything from him since
| Gus Thiekuhl, formerly In charge OF the
/ photograph room when one was run by the
| Patent Office said: 1.-The story is fake
| Chief Wilkie said: ''You couldn't make
| any counterfeits from those plates that
/ would fool a wooden Indian. The story that
/ any bills had been made from those plates
| and have been circulated in Cuba is wholly
untrue" No arrests have been made and
none will be-
| Impressive services incidental to the lay
| ing of the corner stone OF the Hearst School
| for Girls at Mount st. Alban. on the Epis-
| copal Cathedral site, near Washington. were
| held to-day at Trinity Church in the pres
| ence of the bishops of Washington and
| Maryland and many Episcopal clergy and
| sl& nfcfrf fr,1lk ND Il