Mr. MORRILL. It simply provides that the law which applies to citizens who are stock holders shall apply to aliens also. It authorizes the corporation to deduct the tax from the dividends of the parties who own the stock, whoever they may be. That is done now in relation to our own citizens and to our citizens who reside abroad. by a decision of the courts of Maryland it is held, that in the case of foreigners the corporation cannot deduct the tax, and yet they have to payitto the Government. The bill was read. The 1st section provides. That in section 120 of the act entitled “An act to provide internalrevenueto support the Government. to pay interest on the public debt and for other purposes. "npproved June 30. 19 the words “all dividends in scrip or moneythereafter declared due and wheneverthe sameshall be Payableto stockholders. policy holders, or depositors.” are hereby declaredto mean all dividends in scrip or moneywheneverpayable and all stockholders. policy holders. depositors or parties whatsoever. including non-residents. whether citizens or aliens. The 2nd section provides That in section 122 of said not the word “stockholders” is harsh declared to meanall persons or nrtiesrvhntsoevert at areor may bestockholders. inc udingnonresidon whethercit irons or aliens; and the words "all sue interest or coupons. dividends or profitsuvhcncveithesameshall be payable.” are herebydeclaredto apply to all such interest or coupons. diVidends or profits. whenever the same are or may be payable and to whatsoever party or personflio same are or may be payable. including non-residents. whether citizens or aliens. It is provided by the 3rd section That it shall be the duty of all personsrequired to make returns or lists of incomeand articles or objects charged with any duty or tax. as provided by the act aforesaid or any act amendiitorythereof. to declare in such returns whether the several rates and amounts thercin continuedarestatedaccordinsto their values in lenal tender currency: and in case of neglector refusal so to state, to the satisfaction of the asst assessor receiving such returns or lists. such asst assessor is herebyrequired to make roturns or lists for. such persons sone clect pgorrclnsin. as incasoofpor sonsnezlect z or relusingtomakct iclists or returns required by the actsaforesaid. nod to assess the duty thereon and to add thereto the amount of penalties imposed by law in caseof such neglector refusal. The 4th section provides Thnt whencver the rates and amountscontained in the lists or returns as aforesaid shall be stated in coined money. it shall be the duty of eachassessorre ceiving the sameto reducc such rates and amountsto their equivalent in legaltender currency. according to the valueof suoh coinedmeneyin said currency at the time and place wheresaid lists or returns are reccivable and which value the said assessor shall determine and the listsrequired by law tobefurnished to collectors by assessor shall in all casescontain the several amountsoflnxes or dutiesassessede. stimated or valued in legal –tender currencyonly. Section live declares That the provisions of this notshall. so far asnecessary. apply to all returns. lists. Assessments and collections required by the actsaforesaid in addition to those above mentioned. by whomsoever made. returned. assessed or collected. in any mode, or for any purpose whatever and the ComrIntRev under the ilircctinf of the SecyTreasury is hereby authorized tomake all neces 21:15:);lllatn8d regulations tor carrying this act into