Deseret Evening News | 1901-12-12 | Page 1 | No Relief for Banks

NO BANKS Taxation Will lio be Increased Instead Of Decreased Revenue Collector Is In re is receipts of a communication rom the tho treasury department to the tho effect that hereafter banks shall return for tux taz align their capital surplus undivided profits or other profit and loss except so much as tony may be actually ne necessary necessary and line lias been set apart to meet liabilities und and losses or to pay dividend declared bj by the directors or the payment of taxes or fixed annual charges one ana other necessary sari sary Mr wilt will therefore Issue ti u call on all aih the tho banks In his for statements The rIme now tux tax will amount to so M for the tho first or hess IMS sad nna r 2 for or each cacti 1000 over 2000 Only thus this week the clearing house of Salt Lake Lako City sent Bent a resolution lo to the Utah rep in Ip Congress lo to use nil au lion hon honorable means lo to hue have that pert part of the tha war tax repealed which rentes lo to banks tua