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Newspaper
Cheyenne State Leader
Location
Cheyenne, Wyoming, United States of America
Date
Apr 08, 1913
Page
16
Full blast sale featuring Messaline silk petticoats at 1.85, scrim draperies 25c yard, table linens and towels steeply discounted, napkins and mercerized cotton items, children's wash dresses, colored lawns and shirts waists, and Ivory Indian Linens with reduced prices across multiple fabric lines.
A local sale advertises 35 inch Swiss flouncing and lace embroideries at deep discounts. Ladies muslin underwear and spring coats are offered near half price, with coats priced at 9.50 and suits down to 6.95. Also listed are 38 inch all wool serge fabrics and plaid patterns at reduced rates.
The plan lowers duties on food, clothing, and raw materials to ease living costs. It cuts horse and cattle tariffs, reduces cotton thread and cloth duties, and lowers silk and paper taxes while maintaining moderate reductions for luxury goods. Proponents argue it promotes honest competition and global market growth.
The extra session opens with Democratic leaders in control and a united party ready to push tariff revision. President Wilson plans to read a comprehensive message and steer action on currency and other issues, while Senate rules may be reformed to curb concentrated power. The Underwood tariff bill aims to shift tax burdens toward consumption with new corporation and income rules, exempting many societies and setting payment timelines.
The text describes income tax responsibilities including withholding by collectors, personal liability of individuals or firms for taxes due, and penalties for failing to file returns. It notes fines up to 500 dollars for late returns and up to 1000 dollars for fraudulent filings, with the United States retaining authority over salaries and profits.
The article explains reduced duties on machine tools from 30 to 15 percent and on embroidery and lace making machines now taxed at 25 percent. It notes a blanket clause for articles largely made of platinum, gold, or silver at 40 percent, and 25 percent for items mainly iron, steel, lead, copper, nickel, pewter, tin, aluminum or other metals. Lead bearing materials are quoted from 1% to some fractional cent per pound.
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