The Placer Herald

The Tax on Gold and Silver Plate.

Those of our citizens who own silver ware should have it weighed immediately, as they are taxed three per cent. per ounce Troy, on all over forty ounces, kept for use. According to the decision of the Commissioner of Internal Revenue, the phrase "kept for use" is construed to except silver plate or ware kept for sale, and also that which is in possession of a family or its members as souvenirs or keepsakes. The plate properly taxable is that which has been purchased for use of the family, or has been presented to the family, as a part of the household furniture, and as such kept for use, whether for ornament or actual service. As the Assistant Assessors are now engaged in collecting the returns of silver plate in possession of citizens in their respective districts, it would be well for them to ascertain its weight. To aid them in this, the following table for converting avoirdupois ounces into troy ounces, will be found convenient. By an Act of the British Parliament, which we believe has been adopted in this country, a pound (16 ounces) avoirdupois contains 7,000 grains, and a pound (12 ounces) troy 5,760. In an ounce avoirdupois there are, therefore, 437 1/2 and in an ounce troy 480 grains, or an ounce avoirdupois is equal to nearly 11/12ths or 0.9114583 of an ounce troy, and 40 ounces troy are equal to 44 (43.885) ounces avoirdupois-as follows:

Avoirdupois. Troy.

On gold plate no allowance is made, but every troy ounce is taxed 50 cents; hence the tax on one ounce avoirdupois of gold plate is 45 1/2 cents; or 10 ounces avoirdupois is $4.56; and on 100 ounces avoirdupois it is $45.57.

Sac. Bee.

44 ounces are equal to 40 troy ounces..$ 0 00
50	45.6	0 17
60	54.7	0 44
70	63.8	0 71
80	72.9	0 99
90	82.0	1 26
100	91.0	1 53
110	100.3	1 81
120	109.4	2 08
140	127.6	2 63
160	145.8	3 17
180	164.1	3 72
200	182.3	4 27
250	227.9	5 64
300	273.4	7 00
350	319.0	8 37
400	364.6	9 74
450	410.1	11 10
500	455 7	12 47
550	501.3	13 84
600	546.9	15 21
700	638.0	17 9J
800	729.1	20 67
900	820.3	23 41
000	911.5	26 14