The Bridgeport evening farmer., 1914-09-24

sight or son demand. and on prom issory notes, will be cents per $10O l of value.
 The tax on bills of foreign exchange lof sums of money, otherwise than at 1 and letters of credit which appeared in the law of 1898 will not be re-enact- led
 | Express and freight receipts will be taxed each 1 cent. as in the law of 1898.
 Telegraph and telephone messages will be taxed cent for each message The tax of 10 cents on foreign bills of lading Appearing in the law of 1898 have not been re-enacted- Bonds for the indemnidcation Of persons, firms or corporations will be taxed 50 cents.
 l Certificates of profit will be taxed cents for each $10o of face value or fraction thereof.
 Certificates of damages will be tax ed 25 cents each
 Certificates of any description re- quired by law not otherwise specified will be taxed 10 cents. Contracts for the charter of any ship or vessel taxed in the law of 1898 l at 08 and upward will be untaxed in the present bill.
 Brokers notes or memoranda Of I sale will be taxed 10 cents
 Conveyances, deeds, Instruments or writings whereby lands, tenements or lother realty are sold will be taxed 50 l s10o and does not exceed $500. and for each eddit1ona1 $500 or fractional part thereof 50 cents. 1 Entries efigo0ds, wares or merchan- disc of custom houses and entries for Withdrawal thereon taxed on the law of 1898 will be untaxeds in the pres ent bill
 The life insuran tax of 1898 of 8 teents on each $10O of the amount sfn- fsured will be re-enacted
 The marine, inland and fire fnsnr- ance tax of the law Of I898 of one fhaH of 1per cent. per premium charge will be re-enacted. The casualty, fidelity and guaranty insurance tax of oKae-ha1f Of per cent. per premium charge. as in the 1 law of 189 98 will be re-enated.
 Leases, agreements, memoranda or 18s 3, will be untaxed by the present Eb1Il
 1 Custom house manifests. tonnage Register of ships, taxed in the law of 1893 will be untaxed in the present IblIli
 The mortgage tax Of 25 cents on the first $1,o80Aof a mortgage and 25 cents for each additional $500 will be re-enacted as in the law of 18s8-
 Passage tickets will be taxed $1 if l costing not exceeding $50 and $8 if not l exceeding $50 and $5 if exceeding $50. ] Powers of attorney and proxies for I voting at elections of officers of cor porations, except religious, charitable or literary societies or cemeteries, will be taxed 10 cents.
 vey real estate, Sc, will be taxed 25 cents.
 A tax of 25 cents on protest. charges is re-enacted
 A tax of cents on each chair car Tor sleeping car ticket will be in this bill This is the only advance in ] the tax rate from the schedules of the l law of 1898 to be included in the new measure
 After full consideration the leaders i,decided not to impose taxes on ! checks, drafts and certificates of de- posit, as was done in 1898.
 With regard to the use of adhesive istamps denoting the tax, thaEzbiII pro- vides that the persons guilty of not afixing stamp to the taxed docu- I cates shall pay a fine of not more than
 $100, and further that such instru- ment, document or paper shall not be accepted in any court
 Sections of the proposed law pro I tects the stamp, dies and plates of < the Government against forgery and eounterfeiting and provides that any i a1n lawful use of forged or countetrfeft- ed stamps, including the washing and reuse of previously cancelled stamps 7 or the offering of washed or restored stamps for sale, shall be punished by 2 line not exceeding $1, O00Nor by i'm prisonment and confinement at hard labor for five years
 The penalty for the wfIful non-can- ceHation of the stamp shall be a fine { Of $500 or Imprisonment for six months.
 The punishment for avoidance of the tax will be a fine not exceeding
 s20o
 Section ofgsthe bill provides that the acceptor or acceptors of a4iy bill of exchange or order for, the pawn ent l of any sum of money drawn or pur- I porting to be- drawn in any foreign sI country but payable in the United
 States shall, before paying or accept ling the same, place thereupon a stamp =l1ndlcatng the tax upon the same, as the law requires for inland bills of Iexchange or promissory notes, and no bill sf exchange shall be paid or nego- I1ated without such stamp; if any per Eson shall pay or negotiate or offer in .8 payment or receive or take in pay
 Tnent any such draft or order the per son so: offending shall be deemed I guilty of mtsdemeanor and upon l conviction shall be punished by fine not exceeding $1OO. I The bill provides that the judgment I of the Commissioner of Internal Reve-
 nue to the facilities for the pro Icurement and distribution of the stamps may be exercised in instances
 where the facilities are deemed in
 sufficient, in which eases he is author fzed to furnish to any Assistant Treas
 urer of the United States or designated