The Mena weekly star., 1909-08-12
Special Attention given to Nice Driv.
 CTS. Faulty Gaits Corrected.
I will appreciate any part of your atronage.
 w. TODD 514 De Queen Street. Mena, Arkansas
514 De Queen Street.

assistant attorney general at $1o,o00 deputy assistant attorney general at S7,500, and four attorneys at $5.000 each.
 The internal revenue tax on tobacco is amended, making the rates on chew ing and smoking tobacco eight cents a pound. No change was made in the tax on cigars. except those weigh ing under three pounds per 1000. which were increased from 64 to 75 cents per 1000. The rates on cigar cites were increased to y1.25 per 1000 A prohibition against the use of coupons or special gift pledges is incorporated in the new lav.
 The provision granting farmers the free sale of leaf tobacco places a restriction on the retail dealer which requires him to record every sale amounting to two pounds or more to one person in one day. A number of cthar ironclad requirements are in- cluded in the redraft of this section adopted by the conference committee. Dy which 1t was intended to prevent any frauds upon the internal rev enues, and at the same time give as much of local market as possible to the tobacco grower The grower had contendsd for unrestricted sale of amounts up to ten pounds.
 Foreign-built yachts are subject to an excise tax of seven dollars per gross ton. which is to be collected an nuaily on the first day of September. In lieu of the excise tax the owner of foreign built yacht or pleasure boat may pay duty of 35 per cent. ad valorem on his yacht. This will entitle him to American registry. The excise tax provision was adopted be- cause Of the fact that some question has been raised about the ability of the government to enforce collection Of import duties
 Corporation Tax.
 Every corporation, Joint stock com pany or association organized for pront. and every insurance company ls required to pay annually an excise tax Of one per cent upon it's entire net income over and above s5 5.000. Ihis feature was put into the bill to raise additional revenues to apply on the treasury deficit. The section waa prepared by Attorney General Wicker. sham. assisted by other able lawyers ID the administrative circle, and great care was taken to guard aga,nst ooupie taxation. It provides a form or publicity which will enable the gov. ernment to exercise supervision over corporations The form of returns which must be made by corporations and other features of the corporation tax law were made public In detail during It's consideration fin the senate ! is estimated that from s2O.000 900 10 $5u'0oO,0U0 year will be collectas under this form of federal taxat,on
 The secretary of the treasury ,s sutnorized to issue Panama canal bonus 10 the amount of s29O. 56e 0oo "nicn sum. together with that already expended, equals the estimated cost ol the Panama canal. 1t is not into,a- ca mat the bonds shall be isspea ~ eepe as needed to provide money to carry on the work of canal construc. uon. The bonds are to be payable 5o years rom the date of Issue, and win pear Interest at a rate not excead,ny en.ss per cent. When the bonds ars soio the secretary of the treasury vii, .es'ore 70 the working balance th. *oo'oVo'ooo paid originally for ths eara' ma property and the canal zone
 the reenactment of the provistau authorizing the issuance of traas. certificates for money borrorss a''.y ths ~ sr puo'lc expenditures, increases s,ea s anoons aaa ona of the authorization from s.eo,ouo'ooo to s2oO.0o0. .ooo. A lar.a . nuMoer ~ % of other provisions that ars = 'o'ss under the existing tarir lav