Arizona republican., 1917-10-20

upon the amount secured regardless of the penalty); parcel post packages on which the postage amounts to 25c or more. l cent for each 9 cents or fraction of postage, tax to be prepaid by sender; indemnity and surety bonds. soc (where prium is charged the tax would be l per cent of such pre- mium); certificates of stock, on origin al issue, sc for each s100 (where issued without face value, Sc per share, un- less actual value is in excess of s100, then as above); sales or transfers of stock, Pc for each $100 of value; (not to apply on stocks deposited as col lateral to secure loans delivered to a broker for sale. or transfers by broker to a customer for whom he has purchased); sales of produce on ex changes, boards of trade, etc, for fu- ture delivery 2c for each $100 (not to apply on contracts or agreements of sale upon which tax has been paid and which are assigned to clearing houses or similar organizations for the purpose of adjusting or liquidating accounts) ; drafts. promiSSory notes except bank notes) and checks payable otherwise than at sight Pc for each S100 (to ap- ply on renewals); conveyances, soc on
  elusive of liens remaining at time of sale. and for each additional $500, 50o Ctax would not apply on mortgages), custom house entries. 25c on S100 or less. or more than s100 and not exceeding $500, s1 on amounts in excess of $500 withdrawal entries, soc; passage tick cts by steamer to foreign ports, s1 G costing less than $30), S3 (S,30 to s60 and $5 lover s60; tickets costing les. than s10 exempt: proxies for voting al meetings of corporations except reli ] gious, charitable fraternal, education | al or literary societies) 10c; power 0 ] attorney, 25c (not to apply on paper necessary for collection of pensions bounties, etc.); playing cards 5c pc paCN in addition to tax now imposed
 These taxes would become effective December l, 1917.
 Estate Tax
 The increases in addition to the taxes now imposed G. e., with the ex- emption continued at 50,000, as al pres ent under the act of September S | 1916) the bill proposes taxes as fol- lows: 1-2 per cent when amount does not exceed S50,000, 1 per cent on $50 900 to $150, 900, 1 1-2 per cent on s150,- 900 to $250,000, per cent on $250, COG to S4j0,000, 212 per cent on S450.o00 to $l,0o0,0O0, 3 per cent on Sl,000.000 to S2,000,000, 312 per cent on $2.000,000; per cent on $3,000.000 to s4.000 900. Az per cent on $4,000,000 to s5,000,000, per cent on $5,00O.00 to $S00o, 900, per cent on SS,000, 900 to S10,000, 00l and 10 per cent on over s10,000, 900 The tax would not apply on transfers of estates of decedents dying while il ] ha far of in q the present war, nor when death re- suits within a year following injuries or disease contracted in the service ol the armed forces of the U. 5.
 Postal Rates
 Effective thirty days after the pas sage of the bill. the rate on letter, teXcept local or drop letters) would be increased I cent for each ounce or fraction. The rate on postal cards and private mailing cards would alsS he increased 1 cent--i. e., from i cent to cents. Letters written ant mailed by members of the armed forces in a foreign country. during the war, would be transmitted ire; f postage subject to such regulations IS the postmaster general might fix.
 Second Class Rates: As now pro posed in the bill there would be n' ciidHSP III IHeSe rates untH July 1 191S On and after that date mai matter of this class wien mailed D, the publisher would pay postage oi two different bases,{ reading mat ter and CD advertisements. Tn rates would apply on matter maile' by a publisher through a post office by news agent to actual subscrih CTS, or to other news agents for sale Where mailings of sample copies eX ceed ten per cent of weight of copie mailed during the calendar year the would be subject to the rates pro vided by the bill.
 On matter other than advertising from July l. 1918 to July 1. 1919. tn rate would be II cents per pound thereafter F cents.
 On advertising matter the rate would be based upon the zone sys tenn now in use for the parcel post on a sliding scale ranging over period of years. the maximum rate becoming effective after July 21, 19a1 as follows:
 July1. 191S-19. zones 1 and 9 1As zone 5, 11ac, zone 4, 2 cents, zone