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Resolution 01829RECOLUTIOE NO. 1629. MEMORIALIZING COUGRE83 IN OPPOSITION TO EXCISE TAX OF FIVE CENTS PER POUND ON COCOANUT OIL. WEEPEAS, the Ways and Means Committee of the House and Senate of the United States recently proposed an excise tax on cocoanut oil to the amount of five cents per pound; and WHEREAS, consideration of such excise tax has now been recommended by the Ways and Meano Committee of the Senate to that body as a whole for inclus- ion in the Revenue B111 for the next fiscal year; and WHEREAS, the selling price of cocoanut oil is approximately 2-1/2 cents per pound, and the tax would be a 200 per cent levy on that price:.; and WHEREAS, 15 per cent of the total import tonnage coming into San Fran- cisco harbor is represented by copra, from which cocoanut oil is derived; and WREREAS, the oil, shipped Nast, produces a freight revenue to our rail- roads of approximately $4,000,000 per year; and WHEREAS, the loss of this trade to our steamship lines and railroads would be most serious; now, therefore, be it RESOLVED, that the Council of the City of Alameda, California, goes on record as opposed to the 5-cent a pound excise tax on cocoanut oil, and that copies of this resolution be sent to the Congressmen and Congresswomen and Senators from the State of California, with the request that they oppose to the utmost the passage of said excise tax which is deemed a most serious injury and detriment to the interests of the harbor of San Francisco* I, the undersigned, hereby certify that the foregoing Resolution was duly and regularly introduced and adopted by the Council of the City of Alameda in regular meeting assembled on the 5th day of March, 1934, by the following vote, to wit: AYES: Councilmen Bruzzone, Eschen, Morris, Tiedemann and President Murray, (5). NOES: None. ABSENT: None. IN 7E3TIMONY EFAIREOF, I have hereunto set my hand and affixed the official seal of said City this 7th day of March, 1934. (SEAL 07 THE PITY 3") D. -_.q,Y17.9, DYER. ALAMEDA. City Clerk of the City of Alameda. I hereby certify that the foregoing Rasulution is a full, true and correct. copy of "Resolution No. 1829, Memorializing Congress In Opposition to Excise Tax of Five Cents per Pound. on Cocoanut Oil," - passed by the Council of the Oity of Alameda in regular meeting assembled on the Gth day .of March, 1934. rty-Clerk of thei'City of Alameda.