THE TAXON STOCKS i Effort to BeMade to Amend the Revenue Bill ONE CENt r A HUNDREDTH HUNDRED-TH BASIS TO BE TH STOCKS SELLING VALUES Old Spanish Mines Theories and Ideas Advanced By Dr Marshall Dalton and Irk Advances The Life About Squeezed Out of North ern Light Gold Mountain Mines Survey Made For a Road From the Annie Laurie to the Railroad For Deputy Mineral Surveyor Application i Appli-cation Made By Joh Glenn For the Appointment Good For Jef II ferson1 Ore and Bullion Silver and Lead Mining Notes and Personals I sonals sona In yesterdays Herald mention was made of the fact that the members of the Salt Lake Mining exchange through its governing board had sent a telegram to Utahs congressmen at Washington asking for a modification of the revenue tax bill as fa a it related re-lated to the tax on the sale and trans se fer of mining stocks possessing only I nominal value and it seems that our representatives at the national capital have been prompt in their attention to the request a an answer was received yesterday from Senator Cannon which reads as follows Washington June 29 1898 E H Airis President D H Peery jr and other Members of the Governing Board of the Salt Lake Mining Exchange Ex-change After consultation among western senators Senator Jones of Nevada will press the finance today We will urge prompt passage through the senate sen-ate of amendment providing that all stock of companies engaged exclusively in mining gold silver and lead shall pay on transfer 1 cent per 100 of selling values FRANK J CANNON Representative King was also heard from his reomnrendation being that the taking of mining stock transfers and sales be abolished altogether but as this would come under the ban of class legislation it could hardly be considered consid-ered however desirable such action I ere acton might be Among the stock dealers of this city as far as interviewed the proposition of Senator Cannon is highly acceptable and although the tax would run up into good money in the dealings in high priced stocks still it would enable the I little 2 and 5cent stocks to survive I as they could be dealt in without serious seri-ous hindrance on this basis of taxation taxa-tion tonI is understood that Senator Stewart will possibly and quite probably meet with success in the introduction of this amendment in which event the expected ex-pected blow to th minlng stock interests inter-ests of this intermountain region will he happily w averted I