The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1934-10-26
back, can afford to lose a few
hundred millions to it's own
people in the effort to overcome
depression"
FURTHER NEWS
ON FIREARMS
Collector of Customs Further
Defines the National Fire
Arms Act.

1t is considered necessary for the
benefit of dealers and others possessing
firearms, as described in a previous
press release coming within the pro-
visions of the National Firearms Act
to call attention to certain provisions
of the Act.
Section 2 (a) of the Act provides that
every importer, manufacturer, and
dealer in firearms shall on or before
the first day of July each year, or upon
first engaging in business, register with
the Collector of Internal Revenue fol-
each district in which such business is
to be carried on, and pay special tax
as follows: Importers and manufac-
turers, $4,000 year; dealers other
than pawnbrokers, $4,000 a year, and
pawnbrokers $4,000 year. It is I'M
lawful for any person required to
register under the provisions of this
section to import, manufacture or deal
in firearms without first having regis
tered and paid the tax imposed by the
section.
Section (a) of the Act provides for
a tax at the rate of $4,000 for each
firearm transferred in the continental
United States, such tax to be paid by
the tranSferor, and to be represented
by appropriate stamps to be provided
by the Commissioner, with the ap-
proval Of the Secretary. The term 'to
transfer" or transferred" shall include
to sell, assign, pledge, lease, loan, give
away, or otherwise dispose of. Under
this provision of the Act, each transfer
as defined above of firearm within
the continental United States is sub
ject to a tax of $4,000 to be repre-
sented by an adhesive stamp bearing
the words Firearms Act" to be affixed
to the order for the firearm.
Section 4 (a) of the Act provides
that it shall be unlawful for any per-
son to transfer firearm except in
pursuance of written order from the
person seeking to obtain such article,
on an application form issued in blank
in duplicate for that purpose by the
Commissioner. Under the provisions
of this section every person seeking to
obtain a firearm must make an APP
plication in duplicate to the transferor
on order Form (Firearms), to be for
warded to the Commissioner of Inter-
nal Revenue for his approval.
Section IA of the Act provides that
any person who violates or fails to
comply with any of the requirements of
this Act shall, upon conviction, be fined
not more than 100000 or be inn
prisoned for not more than five years,
or both, in the discretion of the Court.
All guns are not firearms under the
law and for the benefit of the dealer
we again print the Collectors descrip-
ton of a firearm:
''The ordinary manual loading or
autoloading shotgun and rifle is not a
firearm within the meaning and in
tent of the National Firearms Act, pro-
vided it has barrel of over 10 inches
in length.
pistols and revolvers are not fire
arms under the National Firearms Act.
ANY sawed-off shotgun or rifle with
a barrel of less than 10 inches is fire
arm under the National Firearms Act
Machine guns are firearms. under the
National Firearms Act.
'tSilencers and mufflers come under
the National Firearms Act.
"Any automatic shotgun or manual
loading shotgun, any automatic rifle or
manual loading rifle which has been
altered so that one pull on the trigger
discharges the entire magazine capacity
is classed as a machine gun and must
be registered in the Collectors Office.
''The same thing is true of pistols and
revolvers that have been altered SO that
one pull on the trigger discharges the
entire magazine capacity"