Ottumwa semi-weekly courier. [volume] (Ottumwa, Iowa) 1899-1903, 1903-09-24
NEW STAMP RULING
IMPRINTED REVENUE STAMPS NO
LONGER WORTH FACE.
VALUE.
e. [. kilby Receives New Treasury
Ruling-No ottumwa Business Men
Lose-Report of State Treasurer Gil
bertson-stste Revenues Increase.

Ottumwa business men and others
who have in their possession checks
with imprinted revenue stamps can no
longer get the face value of the stamp
| by returning them to the office of COM
| missioner of internal revenue of the
| treasury department of the United
States. E. L. Kilby, deputy United
| States collector of internal revenue is
| in receipt of communication from the
| treasury department stating that the
authority for the acceptance of such
| stamps has ceased as has also the
access of the appropriation for bearing
| the expense of such returns. So far as
known, none of the Ottumwa business
men will be occasioned any loss by rea-
son of their neglect OF delay in return
ing their stamped paper before the
expiration of the time limit.
The report which is dated at Wash
ington, d. c., September 8, is as fol-
lows:
''in reply you are advised that the
authority granted this office to return
| imprinted checks to the owners there
| of, after the redemption and cancella-
| ton of the stamps thereon, no longer
exists.
THE act of congress approved Feb
ruary 2G, 1902, under the provisions of
1 which imprinted instruments were re-
i turned to the owners Thereof, author
ICES such action only where said re-
turn is demanded within one year aft
1 er the passage of the act = and pro-
i vides that
4 "All such checks, etc. remaining I'M
claimed by the owners at the expira-
ton of one year after the passage of
this act shall be destroyed in such
manner as may be prescribed by the
/ commissioner of internal revenue and
/ approved by the secretary of the treas
/ ury.
Il Furthermore, the appropriation to
\ cover cost of cancellation. boxing and
other expenses incident to the return
:, of such checks, made by act of April
%, 1903, was available only until June
80, 1903
1T is therefore apparent that this
Office is not without either authority
or means to return imprinted instru-
ments to claimants. and that such in
! strumentS now on hand must, after
the redemption of the stamps thereon,
be~destroyed under the latest provision
. of the act of February %, above men.
: toned. Respectfully.
J, 81. w. Yerkes,
Commissioner
State Treasurers Reports.
In his biennial report on file with
l Governor Cummins, and just printed,
! State Treasurer Gilbertson reports
that the volume of business continues
the steady increase of former years.
4 Nhn ncti NOT To- no lp, Loo r1rf,
indicated cash balance next Janu-
l airy of between 100000 and 100000,
+ but large receipts from unexpected
: sources will make this nearer $1,000
: 000 The balance June 80 last was
more than million and a half This
!, will be reduced before the close OF
: the year because of the large amounts
. unexpended on state work now in
| progress.
An interesting table of comparisons
1 is shown in which receipts are COM
pared in the last two periods. The
total receipts increased in the period
S1057,795.96. This increase was in
r $249, 4SS.96; from corporation tax, $780,.
344S5; from fees of state officers,
$199 ,352.76; from collateral inheritance
leA,t+2oo, luU.S-, llOM ullSCeiiduSOu,
: sources, s53S,39S.59 The receipts from
state institutions decreased the last
two biennial periods. The state trea
surer explains:
"The increase from fees of state
: officers was unusually large, amount
a ing to almost 100000. This is &C
counted for to large extent by the
receipt by the secretary of state OF
= two filings made in his Office of fees
S aggregating about S145,000.
u Large Increase From Counties.
a, 1.-THE increase of SEAS, ASSOC in re-
e ceipts from the counties is divided be
4 tween the proceeds of the state levy
!. and remittances covering support o
$ county inmates at state institutions
o About two-thirds is accredited to the
!. former and one-third to the latter.LesE
q than one-fourth Of the total increase j:
i from direct taxes. Almost one-half i:
d from the United States refundins
v amounts heretofore expended by thu
v state for which the general govern
ment was liable.
"The state auditors warrants re
deemed during the period amount tt