Show REVENUE DEPT 18 IS AFTER BROKERS A Ruling That Law Over New Glass Class UTAH SUGAR BUGAI IS INCLUDED Opt of lie Uno line Ile Kay Hay Stud rr er The h of or tho government revenue department have do doc Ihu c nd d upon upun Salt Lake und unil theN Is l lonce once moro InOt a n hurrying 01 a a scurrying among mining broken who arc oro liable lino to bo brought blought up binding for their failure to pay lY rigid attention to he requirements of ot the law In with wih reference to stumps pH G O II 1 u n agent of ot tha til de department has haa been In II the city tho put pait 11 InV local condi conditions Ho 10 claims that there is 18 all ul sorts lor Is of ot going ott al among mining In their method methot of ot and Ind that pass PUM through n 1 halt n do doun n hands with wih only one revenue stamp af nf Tho brokers were warned Home 1011 ago that If It they thoy were caught ie I their loose u I I tho government would take vigor Igor vigorous ous OUI action thorn thom Capt Wheelock 1110 made Ild nn an an announcement 11 regarding buyer and sell sellers lel Ira ers of or commercial stocks which will wi cause CUSO something of at a 1 It his views I ws are correct Hl His on 01 arriving In Ir Lake wao wal to 10 cull at ut atthe the tl of the tho Utah Sugar company ol alY to Iea eo whether ho Iho stamp law In had been fully complied with wih on the recent larlo transfer of ut stock He le found the necessary sary lar tamp amounting to something like Ille SG to tho cancelled and properly canceled 11 A er the bouk he made the tho that the of ot the and nil nl other persons who had hlll b en n buying and selling the tho stork were lia liable la ble bil for n ta as ns brokers He le reported his findings to Washington and Ind It Is understood Included lit In tho lUt the twines of at those tho o for the tux lux that thai of or H 0 O secretary of or tho sugar company Sir Ir Whiney In MIdi addi addition tion lon to being bellg u con stockholder In the tL company COl 11 I Y had sent out circulars by y tho order of Dr the tho board of or directors to tl all 11 stockholder Inviting those who wished to participate In the tho recent recell salo of or to Bond their certificates to him Under Instruction In from the board ho II noted us 19 the stockholders agent agent Helling their stork for them thel remitting them the proceeds proceed Technically cally Wheelock In II said to claim 1 lall that this was Wt nn an act of ot H Is 1 understood Other othor J large cor corporations In II the city will wi be I i Id 11 and till persons persona of companies who havo InO been buying and r stock will be reported as all liable or tho payment lAment of ot n which Is III 10 0 per Ier year ear with nn of ur 2 per year If It lIuch a n Is III taken apt will havo hlo to 10 take tako up liP ils hili residence In Salt Bait Lake Indefinitely ond doubtless call on the government or a 1 II In till the number Of lit his deputies Mr fr Whitney Whitner of ot the th sugar company made madl tho following statement The Inspector culled at my Iny the day after tho Iho recent solo of ot rugar stock tonk was 18 announced 1 In the pa Ja JaI I vIS for the purpose of seeing whether I tho thu necessary uly revenue stomps been to the canceled He lie of ot course found that they hud hOll been Lee In the of his examination of oC the Ih hooks books he saw the tha numerous of or which In Salt Lake knows have tuning I lane In III the past two or three yean end I 1 understand his hla ruling In 11 that those tho o who have hao bought the stock tolk even though they bought It for Cor If It they thoY made any 1111 profit out of uC It liable to bo o called on to pay 16 a II brokers I Incline of Jr 0 a year ear Such n R ruling warn to tu me It Jt would brokers of ot ted private persons merchants bank Jank bankers Janker ers er clerks ladle at nil well as gentlemen most of the officers offiC of ot the company who hae been showing their faith ralth In III Inthe the company by b buying its slack rOl the punt ev ial y m I 1 am happy to nay I am one of these my f my regret Is that I did cUll not buy bu more ami that I ever sold any uny To 10 suy IlY that Hi I a brokerage to me preposterous and If It the of or to 10 examine the books of every corporation In III Snit Halt Lake to 10 eo what private r or ur what ore buying or I their theil stocks It strikes me Inn that th thy y will not lIot only havo their full but that they will be entering upon n line of ut espionage that the law In I never thought of or Ing I Neither do 10 1 t think that my III action In III Intending tending out a circular to thu tho stockholders ers erA of till company them of ot the chance to sell Rell u part of ot their stock In remitting them tho proceeds of ot tho mile lIle me n a broker That Thelt trans transaction action was wa carried out by order of or the board Ioard ot or directors not a dollar of or profit was wa made mado by me or any uny one els ola III n performing It Tho fhe amount nt nl is of or course In Insignificant significant but I r for one shall ahalt resist l an na I 1 know how Internal Collector K H n Cal Callister Inter lister of or district when spoken tn of or the tho matter stated that Capt Wheel Wheelock ock was wn proceeding without con connection with his hili office He H was tho agent of Oc the department ep nt ton and his hl findings wore reported to tho th internal commissioner there John AV W Yerkes Mr Yerke then thon Issue instructions to Mr as to whether or not the li II license cense fee rOl should be collected and the tho concerned would bo given n a hearing before hint The whole ques question tion is I one that ban often orten bell been a before the department but there has hall never neer yet yot I been any nn clear definition ns nil to what constitutes con n 11 broker and how much buying and selling In stocks a private might ht do before he ho could be bo construed to have come corne within the pro lira provisions visions of the law |