The daily morning journal and courier., 1901-01-25

ing to proprietary articles, including
 drugs, perfumeres, etc., is practically
 rewritten.
 The language of the first portion o1
 the section is allowed to stand, except that perfumeries and cosmetics are eliminated. The proviso as reported
 provides that no stamp tax shall be
 imposed upon any uncompounded drug
 CT chemical wherein the person mak- ing, uttering or vending the same does not have or claim to have an exclusive right to the making or preparing of the same, or does not have or claim to have any proprietary right in the exclusive or special use of the name or title thereof, or upon any uncompounded drug or chemical not made, uttered or vended under any letters patent issued in this or any foreign country.
 And provided, further, that no stamp tax shall be imposed upon any medicine or medicinal preparation compounded according to formula in the United States pharmacopaeia, or the national formulary of an edition not earlier than the year 1890, when such medicine or preparation is designated on the pack age or inclosure thereof by it's true and correct name or title or denominating as aforesaid and when the edition and page of such pharmacopeia of formula ry containing the formula of such prep aration or medicine is conspicuously given on the package thereof. Nor shall any stamp tax be imposed upon any medicine or medicinal preparation which bears conspicuously upon the package or label thereof the true and correct working formula for making, compounding or preparing the same
 Provided, that such medicine or preparation is not advertised on the package thereof, or otherwise, to the public by the makers, vendors or pro- prietors as a remedy or specific for any disease or ailment.
 Further provision is made that no taxes shall be imposed on physicians prescriptions for individuals.
 In the rates of taxation on proprie- tary articles as fixed in schedule B of the existing law there are material re- ductions. and various other changes, in cluding the elimination of the tax list Of all perfumeries and cosmetics, chew ing gun and substitute therefore and sparkling or other bottled wines
 On patent medicine the tax is reduc- ed to one- tenth of one per cent. on ar- ticles the retail price of wghich does not exceed ten cents.
 The additional tax of 1-20 of cent is fixed on each additional five cents value or fractional part thereof A sep arate section exempts bequests or lega- cies for uses of religious, literary, char itable or educational purposes for taxa ton under this law and it makes the provision retroactive on all such lega- cies on which the tax has not been col lected.
 The discount of one per cent. on sales of adhesive stamps authorized by sec ton 25 of the present law is made ap- plicable to imprinted stamps on bank checks, drafts or other instruments.
 Most of the articles upon which the existing tax is repealed were included in the house list, the difference being that the senate's commftte list Is not so long as that of the house. Among the taxes which the house removed entirely, but upon which the senate committee did not act and which therefore remain are the following:
 Custom house brokers, proprietors of theaters, circuses and other places ot bank checks, drafts or bills of exchange both inland and foreign. money orders, brokers contracts and manifests for custom house entry. All these taxes are left as in the existing law. The Senate provision in regard to steamship passage tickets leaves the existing tax upon all tickets costing more than $50. The House repealed the entire tax. The House removed all pro- medicines and other proprie- tary articles, including perfumery, cos- tion with reference to medicines only. metics and chewing gum, from the tax able list. The Senate modified this &C., ton with reference to medicines only. |