Show r ceeding 1500 25 cents and on each 500 in excess of 1500 2 cents Passage ticket from a port in the V j United States to a foreign port if costing V cost-ing not exceeding 30 1 costing more than S30 and not exceeding 60 3 costing more than w 5 Proxy for voting at any election for officers of any incorporated company except religious charitable or literary societies or public cemeteries 10 cents Power of attorney i5 cents j Protesting notes bills of exchange acceptance check or draft or any marine ma-rine protest 25 cents Warehouse receipts I re-ceipts 25 cents The stamp duties on V manifests bills of lading and passage 1 tickets do not apply to steamboats or V V other vessels plying between port of the United States and ports in British North America Medicinal proprietary articles and preparations Upon every packet box bottle pot or phial or other inclosure except natural spring waters and carbonated bon ted natural spring waters where such packet etc does not exceed at the retail price 5 cents oneeighth of 1 cent tax when the retail price is between be-tween 5 and 10 cents onefourth of 1 cent between 15 and 25 cents five eighths of a cent and for each additional addi-tional 25 cents in value fiveeighths of 1 cent tx The same ta applies to perfumery and cosmetics and other similar articles used as applications to the hair mouth or skin Chewing gum each package of not more than 1 retail value 4 cents and for each additional dollar 4 cents Sparkling or other wines when bottled bot-tled for sale upon each bottle containing contain-ing one pint or less 1 cent more than one pint 2 cents The stamp is only t b affixed when the article in this schedule is sold SUGAR AND OIL TRUSTS Petroleum and sugar refiners Every person firm corporation or company carrying on the business of refining petroleum or refining sugar or owning or controlling any pipe line for transporting trans-porting oil or other products whose gross annual receipts exceed 250000 ismade subject to pay annually a special spe-cial excise tax equivalent to onequar ter of 1 per cent on the gross amount bf all receipts in excess of that sum returns to be made monthly The penalty is a fine of from 1000 to 10000 A stamp tax of 1 cent is to be collected col-lected on every seat sold in a palace and a parlor car and on every berth sold in a sleeping car the stamp to be affixed to the ticket and paid by theo the-o pay issuing i INHERITANCE TAX A tax on inheritances and legacies exceeding 10000 is provided a follows fol-lows On sums between 10000 and 25000 First on benefits to the lineal issue or lineal ancestors brother or sister of the deceased at the rate of 75 cents for every 100 Second To the descendant of a brother or sister at the rate of 150 V for every 100 Thirdo the brother or sister of the father or mother or a descendant of V a brother or sister of the father or mother at the rate of S3 for every 100 Fourth To the brother or sister of the grandfather or grandmother or a descendant of the brother or sister of the grandfather or grandmother 4 for every 100 Fifth to those of any other degree of collateral consangunity or stranger in blood or a body politic or corporate at the rate of 5 for every S100 All legacies or property passing by will or by laws of any state or territory tory to husband or wife are exempted rom tax or duty On sums ranging between 525000 and 100000 the rates of tax are to be multipll2d by one and onehalf on those ranging from 100 000 to 500000 the rates are to be multiplied multi-plied by two on those ranging from 500000 to 1000000 the rates are to be multiplied by two and onehalf and on those above 1000000 the rates are to be multiplied by three The tax is made a lien upon the property until paid and it is required that the tax shall be satisfied before the legatee is paid Certificates of Indebtedness The Certfcates IndebtednessThe secretary sec-retary of the treasury is authorized to V borrow from time to time at a rate of V interest not exceeding 3 per cent such sums as in his judgment may be necessary neces-sary to meet the public expenditures and to issue certificates of indebtedness indebted-ness in denominations of 50 or some multiple of that sum Each certificate is made payable at such time not exceeding ex-ceeding one year from the date of its issue as the secretary of the treasury may prescribe provided that the amount of such certificates obtained shall at no tine exceed 100000000 STAMP TAXES Bonds debentures or certificates of irrdcbtedness by any association company com-pany or corporation on each hundred dollars of face value or fraction thereof there-of 5 cents and on each original issue whether on organization or reorganization reorgan-ization certificates of stock by any such association company or coroora tion on each 100 of face value or fraction frac-tion thereof 5 cents and on all sales or agreements to sell or memoranda of sales or deliveries or transfers of shares or certificates of stock on each 100 of face value or fraction 2 cents V in case of sale where the evidence of transfer is shown only by the books of the company the stamp shall be I placed upon such books and where the change of ownership is by transference the stamp shall be placed upon the certificates and in case of an agreement agree-ment to sell or where the transfer is by delivery of the certificate assigned in blank there shall be made and delivered de-livered by the seller to the buyer a bill or memorandum of such sale to which the stamp shall be affixed Penalty V A fine of from 500 to 1000 and imprisonment im-prisonment for six month or both Upon each sale or agreement to sell any products or merchandise at any exchange or board of trade or other similar place either for present or future fu-ture delivery for each 100 in value of said sale or agreement of sale or agreement to sell 1 cent and for each additional 100 or fractional part thereof there-of in excess of 100 1 cent provided that on every sale or agreement of sale or agreement to sell there shall be made and delivered by the seller to the buyer a bill memorandum of such sale to which there shall be affixed a lawful stamp or stamps in value equal to the amount of tax on such sale Bank checks drafts or certificates of deposit not drawing interest or order or-der for the payment of any sum of money drawn upon or issued by any bank trust company or any person or persons companies or corporations 2 cents Bills of exchange international draft certificate of deposit drawing Interest or V order for the payment of any sum of money otherwise than at sight or on demand de-mand or any promissory note except banknotes bank-notes issued for circulation and for each renewal for the same for a sum not exceeding i ex-ceeding sii 2 cents and for each additional I addi-tional 0 or fractional part thereof In excess of 0 2 cents Bills of exchange foreign or fetters of credit i drawn singly for a sum not exceeding I I ex-ceeding 100 4 cents and for each 10 or fractional part thereof in excess of 10 4 cents I dnwn in sets of two or more For every bill of each set where the sum I does not exceed 0 in any foreisrn currency cur-rency 2 cents and for each 0 or fractional tonal part in excess of 10 2 cents I Bills of lading ov receipt other than charter party for any goods or merchandise merchan-dise to be exported to any foreign port or place 10 cents V EXPRESS OR FREIGHT EXRESS FREIHT I is made the duty of every railroad or steamboat company carrier express company com-pany or corporation or person whose occupation oc-cupation is to act as such to issue the shipper or consignor a bill of lading manifest mani-fest or other evidence of receipt and forwarding for-warding for each shipment received whether in bulk or in boxes bales packages pack-ages bundles or not so inclosed or included in-cluded arid there is to be attached and canceled to each of said bills of lading etc a stamp of the value of 1 cent provided pro-vided that but one bill of lading be required re-quired on bundles or packages of newspapers news-papers when Inclosed in one general bundle bun-dle at the time of shipment Penalty 30 A tax of 1 c jnt is Imposed for every telephone tele-phone message for which over 1 cents Is V charged Any telegraphic message 1 V V cent Indemnifying bonds r cents j Certificates ofprofltsof any association in C and on all transfers thereof on each 10 Ml face value 2 cents I Certificates of damage Issued by any port warden or marine surveyor 2 cents Certificates of any other description 10 cents Charter party i the registered I tonnage of the vessel dOes not exceed 3 t tons S3 exceeding 3 tons and not exceeding ex-ceeding 600 tons 15 exceeding G tons 510 II Contract brokers note or memorandum of sale of any goods or merchandise stocks bonds exchange notes on hand real estate or property of any description issued by brokers or persons acting as such for each note or memorandum of sale 10 cents Conveyance or deed for real estate on which consideration exceeds 0 and does not exceed 500 5 cents and for each additional 500 5 cents Entry bonds at any custom house note not-e c dlng 0 in value 2 cents exceedIng exceed-Ing 10 and not exceeding 500 fn value 5 cents exceeding 300 in value 0 Entry for the withdrawal of goods from customs bonded warehouse 5 cents BONDS The secretary of the treasury is authorized author-ized to borrow on the credit of the United States from time to time as the proceeds may be required to defray expenditures authorized on account of the existing war such proceeds when received to be used only for the purpose of meeting such war expenditures the sum of 400000000 or so much thereof as may be necessary and to prepare and Issue therefor coupon or registered istered bonds of the United States in denominations de-nominations of 20 or some multiple of that sum redeemable in com at the pleasure pleas-ure of the United States after ten years from the date of their issue and payable 20 years from such date bearing interest payable quarterly In coin at the rate of 3 per cent per annum The bonds are to be first offered at par as a popular loan The conference added the following proviso pro-viso Provided further that ny portion of any issue of said bonds not subscribed for as above provided may be disposed of by provIde the secretary of the treasury at not less than par and under such regulations as he may prescribe but no commission shall be allowed or paid thereon and a sum not exceeding onetenth of 1 per cen tum of the amount of the bonds and certificates cer-tificates herein authorized is hereby appropriated ap-propriated out of any money in the treasury treas-ury not otherwise appropriated to the expense ex-pense of preparing advertising and Issuing Issu-ing the same SILVER COINAGE PROVISION The provision for the silver bullion is as follows That the secretary of the treas folows hereby authorized and directed to com into standard silver dollars as rapidly cin stndard siver ly as the public interests may require to an amount however of not less than 1500000 a month of silver bullion now in the treasury purchased in accordance with treu provisions of the aqt aproved July 14 1890 entitled An act directing the 18 entted purchase of silver bullion and the issue purhase bulon of treasury notes thereon and for other purposes treasuI Said dollars when so coined shall be used when applled in the manner man-ner and for the purpose named in said act I MIXED FLOUR I A substitute was adopted for the senate sen-ate provision for a tax on mixed flour but the material points were retane In Addition Ad-dition to the annual license of 12 upon manufacturers a tax of 4 cents per barrel is levied upon all mixed flour manufactured manufac-tured sold or removed for sale The same rate is proportionately levied on half barrels and smaller packages TEA TAX There shall be levied collected and paid upon tea when Imported from foreign countries a duty of 10 cents per pound The ta becomes operative with the act PENALTIES PROVIDED Section 7 provides that ifany person or persons shall make sip or issue any Instrument sig perons shal paper of any description without its being stamped he shall be guilty of a misdemeanor the penalty being be-ing 100 at the discretion of the court Section 8 provides a penalty of a fine note not-e 1000 or imprisonment for a term of ofl exceeding five years or both for counterfeiting the stamps and the penalty is made to apply to all persons having any connection with the counter felting proprietors or proprietary articles are given the privilege of furnishing their own dies or designs fer stamps a failure to perform which act is made a misdemeanor misde-meanor punishable by a fine of not less than 50 nor more than edo or by imprisonment im-prisonment of not to exceed six months prsonment is also made a misdemeanor bth I aso by section 10 to evade the provisions of the stamp law punishable by a fine not ex ceeding 200 Other sections following relate to the administration of the law Section 12 pro tl ofStC vides for the distribution of stamps Section Sec-tion 16 exempts government state county and municipal bonds from the operation of the law and also the stocks and bonds issued by cooperative building and loan associations whose capital stock does not exceed 10000 and building and loan associations as-sociations or companies that make loans only to their shareholders TELEGRPH MESSAGES Section 18 provides for a tax stamp on telegraph messages and exempts mes sages of officers and employees of the government on official business and also the messages of telegraph and railroad companies over their own lines Section 20 makes it a misdemeanor to evade the plans of schedule B relative to drugs medicines perfumery etc punishable pun-ishable by a fine not to exceed 0 or imprisonment to not exceed six months I or both Uncompounded medicines or those having hav-ing been put up and sold at retail as prescriptions pre-scriptions are not included in the taxable articles leaving it to apply particularly to proprietary articles I Section 2 adds ta on proprietary arti des to the duty on them requiring the afxing of the internal revenue stamp before I be-fore withdrawal for consumption |