356 
Editorial. 
\ni.  Jr>nr  Phaim. 
July.  14  8. 
special  claim  to  merit,  or  to  any  peculiar  advantage  in  mode  of  preparation, 
quality,  use  or  effect. 
Rate  of  Stamp  Tax  : 
Articles  retailing  05  cts. — }i  of  1  ct. 
Articles  retailing  10  cts. — %  of  1  ct. 
Articles  retailing  15  cts. — y%  of  1  ct. 
Articles  retailing  25  cts. — }i  of  1  ct. 
Articles  retailing  over  25  cts. — yi  of  1  ct.  for  each  25  cts.  or  fractional  part 
thereof. 
C.  — Chewing  Gum  or  Substitutes — 4  cents  upon  each  box  of  retail  value  of 
$1.00  or  fractional  part  thereof. 
D.  — Sparkling  and  other  Wines — one  pint,  1  cent  ;  over  one  pint,  2  cents. 
Articles  on  hand  July  1,  1898,  shall  be  subject  to  above  rates  of  stamp  tax, 
but  dealers  who  are  not  manufacturers  will  not  be  required  to  affix  the  stamp 
until  the  article  is  sold  at  retail. 
Penalty  for  evasion  of  stamp  taxes  : — Fine  not  over  $500  or  imprisonment 
not  exceeding  six  months. 
Druggists  who  are  Dealers  in  Cigars  and  Cigarettes  are  affected  by  the  Reve- 
nue Bill  as  follows  : 
On  all  stock  on  hand  on  the  day  succeeding  the  date  of  the  passage  of  the 
Revenue  Bill  in  excess  of  20,000  cigars  or  cigarettes  and  1,000  pounds  of  manu- 
factured tobacco,  return  must  be  made  under  oath  and  delivered  to  the  col- 
lector or  deputy  collector  for  the  proper  Internal  Revenue  District,  within 
thirty  days  after  the  passage  of  the  bill.  Those  having  less  than  the  above 
quantities  in  stock  at  time  of  its  passage  are  not  affected  by  this  law. 
Miscellaneous  Stamp  Taxes. — In  addition  to  the  stamp  taxes  already  enu- 
merated, the  following  are  imposed  : 
On  bonds,  debentures,  certificates  of  indebtedness,  5  cents  on  each  $ioo  of 
face  value. 
On  sales  or  agreements  to  sell,  shares  or  certificates  of  stock,  2  cents  on  each 
$100. 
On  sales  or  agreements  of  sale  of  any  products  or  merchandise  at  any  ex- 
change, 1  cent  on  each  $100  of  value. 
On  bank  checks,  drafts,  certificates  of  deposit  not  drawing  interest,  and 
money  orders  of  all  kinds,  2  cents. 
On  each  bill  of  exchange  (inland),  draft,  certificate  of  deposit,  drawing  in- 
terest, promissory  notes,  2  cents  on  each  $100. 
On  each  foreign  bill  of  exchange  and  letter  of  credit,  4  cents  on  each  $100. 
On  each  bill  of  lading  or  manifest  for  goods  sent  by  freight  or  express  within 
the  United  States,  1  cent. 
On  each  telephone  message,  costing  15  cents  or  more,  1  cent. 
Doctor  of  Pharmacy  is  a  new  University  degree  which  will  be  conferred  by 
the  School  of  Pharmacy  of  Paris. 
Extract  of  Licorice — A  sample  of  purified  extract  of  licorice  yielded,  accord- 
ing to  the  Helfenberger  Annalen,  1897,  the  following  amount  of  constituents  : 
water,  24-55-33*ii  percent.;  ash,  6-52-ii*20  per  cent.;  glycyrrhizin,  13*18- 
2071  per  cent. 
