Ashtabula weekly telegraph. [volume] (Ashtabula, Ohio) 1853-1873, 1864-04-30


ding to pay the interest on her State debt in
legal teuders instead Of gold. The " y
Timss Gays; 1T appears to have beeo dec-
ded by the Assembly that the interest ou the
State debt shall be paid TO foreign holders as
well as TO native ones 10 paper aud DOT n coin. "
TnE NEw Tax BiLI I---The pow Internal Rev.
euue bill just reportedto Congress is complete
revision OF the act now in force, and retains The
same machinery. with such improvements as ex
perience has rendered necessary. II coutains
l73 seclions, AZ Of which are devoted to geoeral
provisions. There is one provision which ex-
empts from distraiot the tools or implements Of
trade or profession. one COW, arms, provisions
household fornitare kept for use, aud the appa.
rel necessary for family. Among the promi-
nept features of the bill are the following:
In addition 10 the duties payable for Ii.
censes, there is to be paid on all spirits dis
titled aud sold or removed for consumption
or sale. if 6rst proof prior TO the lst Of
July nexr, duty Of 60 cents per gallon;
on and after that date 10 tho lst oil Janu'
ary, 1865, 81; ou aud after January lst
1856, $l,25, provided he duty on all splr-
its shall be collected at no lover rate than
on The basis Of first proof. aud it shall be
increased in proportion for any greater
strength tbun Of 6rst proof. All distilled
spirits aud refined coal oil upon which au
Excise duty is imposed by law, may be re.
moved without the payment OF duty, pro.
vlded that those 80 removed shall be trans
ferred directly Il ON the distilery or refinery
TO BONDED waiehouse. All beer, lager
beer. ale, porter, aud similar fermeuted
liquors, by whatever name called, are TO
pay duty OF 81 per barrel Of not more
than 81 gallons Coal Illuminating oil, &c
shall be taxed 30 cents pe' galleo; ground
c,fee and its subsIitu es cent per pound /;
molas es aud syrup Of moasses. &c, per
cent. ad valorem; sugars, aud cents per
pound; paper Of all descriptions, duty OF
3 per c.ut. ad valorcm; salt, 6 cents per
100 pounds; pig iron, Sl,00 per ton;
blooms, slabs aud loops. 81 so per ton;
stoves and hollowware, $500 per tor;
leather OF all descriptions, 5 per ceut. ad
saloreu; grape wines, 5 cents per gallon;
all other wiues. and liquors, 25 ceute per
gallon; ready y-made clolelng. boots, shoes,
&c, per cent. ad valorem; manufactured
cotton, silk wool and worsied, 5 per cent.
I'D vslorem; cayeudish. twist. aud stemmed
tobacco, 25 cents per pound; smoking TO-
bacco made exclusively Of stems. shorts
and refuse, 10 cents; stuff and snuff -four,
35 cents; cigars valued at $40. 90 per 1000
500 per 900; valued at from $1,000 %
$50 90 per 1000, 500; valued at $20. 90
10 $4,000 per 1000. $1,000; valued at
$1,000 10 SIS. per, 900, $500; valued at
over $75 90 per 1000, $4,000. Ali bauk
ers are taxed as follows: Using aud cm-
ploying capital not exceeding the sum Of
$50. 90, $l00 for each license; when using
or employing capital exceeding $50. 900,
for every additional $1,000 i'll excess OF
$4,000, $500.
The amount iha, cap be raised.nuder this
bill is estimated at $S00,000,000 per an-
nun. The great delay III introducing this
Tax bill, aud the necessity. for its immed-
ate passage, iucueS The majority of the
House 10 push it speedily to a vote.