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Show MEXICO OUTLINES HEIIW JL TUX MBXICO CITY, Feb. 2. Formal objections to the Kr,v"rnment's projeot-fl projeot-fl lnw provldtnf for the paymnt of oil taxes was presented to Adolfo de la llucrta. secretary of the treasury, yesterday afternoon l.y a ommlttoe representinC the Association of Pro- ucers of Petroleum In Mexico. As- N?rtlon wns made ly mem hers of Uie committee that i" v'-:, tl"" ll,OBt ener-K'ti-' protost At yet made ' ,no Kv-ernment Kv-ernment by the aesoelatlon, i v pi in rs PKNAl IZED The memorandum contained j charges of subterfuge" in the desUt- nation of tho act and a declaration that 'companies which export potro-l ir.. mi an subject to manoeuvcMl which oan ha arbitrated on th p;rt of officials or the employes of the, secretary ot finance." u u aliened the projected legislation would levy exorbitant luxes wholly out of proportion pro-portion to the vhIu.. of the product. Declaration the government that the proposed law ""l1 provide for, . production tax, was denied by tho roteei which asserted th.- only portion por-tion of oil produriion jtffecU 'I by tho lax would be that on crude potroleum . n prodn. i.i - port.- I from Mex- "Exorbitant increases In the tax to be I. t l( '1 QH peteoleWm ure Provider. for1 in thf proposed law." sUl.l tho Snemorandum. "For instance. Panuco crude petroleum would bear a tax of 41 per cent of Its total value, or four out of every ten bartelSi Tuxpam crudo would be tOJCd It per 'ert. or lfh thr.-e iv.i r. l out of ten. anil tuel oil vrould bear 11 i"-'- e? Uuc or one Parrel out of every three pro-duct pro-duct A Bueh S tax would rutn any business." It was staled s-mi-of fUlally nday the administration officials had combined com-bined to ptl, the projected Inw flu--ing the coming session ot the 1-1-can .-ongross. and It was declared that-President that-President Obregon would urge a. specific spe-cific provision in the law stating that Vrticlo 27 of the constitution, which would trattonallw Oil deposits, would not be pEtroocUve, Th.- pr.:d-nt has m several occasions declared thi was his view of Article 27. |