Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1866-04-28
- nrLI .rp correN FAnRIcs.


WAsHrNGToN. April 25.-The bill L
amend the Internal Revenue Law, as re
ported TODAY. provides that, on anC
after the lst day Of July, 1850, in lieu q
the duties on the manufacture Of cotton
there shall be paid by the producer
owner or holder upon all cotton produced
within the United States. and upOI
which no taxes have been paid, tax o
3 cents 8 pound, upon articles maHufac
tured exclusively from cotton, when ex
ported. there shall be allowed a. q draw
back an amount equal to the interna
tax which shall have been assessed anC
paid upon such articles in their finished
condition. and in addition thereto &
drawback or allowance Of as many cent
Der pound upon the product Of cotton
cloth, yarn or other articles manUfac
tured exclusively, and to the same eXten'
on raw cotton.
The bill provides that distiIleries shall
nav SlOgG tax instead Of SO; distillers o.
apples, grapes and peaches, manufactur-
ing less than 80 barrels per year, shall
paw SO; brewers TO pay 500 instead O
$50, those making less than 500 yeai
10 pay $50; insurance sgent to pay Slt
tax: when receipts don't exceed 500 be
shall pay $; any person who peddles
iewelry, distilled spirits, fermented liq-
UOrs or wines, 70 pay so license; express
companies 10 pay 81 license; builders
and contractors 70 pay SIC instead Of 50
no tax to be imposed upon apothecaries,
confectiOners, keepers Of eating houses OF
keepers Of hotels, inns, or taverns, or to-
bacconists. or retail dealers, except re-
tail dealers in spiritu0us or malt liquors,
when their annual gross receipts on sales
should not exceed 81 900. On illu-
minating. lUbricating or other mineral
oils the product Of distillatiOn, OF the
refining OF crude petroleum, 30c. a gal
lon. and all coal oils between the specific
gravity bv the barometriX Of IS and -
degrees. inclusive, shall be deemed re-
fined Illuminating coal oil, such oil re-
fined and produced by the distillatiOn Of
Goals. asphaltum Cc shale, exclusively,
shall nav tax Of 10 per cent on each
gallon, only produced by the same ma
ferials. prat, or other bitUminOus sub
stances. 10 cents a gallon spirits Of tur-
pentine, 10 cents a gallon molasses from
sugar, 8 cents a gallon; syrup OF molas-
ses or sugar cane juice, when removed
from the plantation, concentrated mo-
lasses. or ulelado and cistsrn bottom Of
sugar produced from sugar cane, and not
made from sorghum, an increase OF tax 1
Of ] cent sugars above No. Il, and not Is
degrees standard in color q tax Of cent
per pound all soaps valued at above 3
cents per pound, not pertumed, and ali
salt water soap made OF cOcOanut oil, a
tax Of 3 q cent per pound. On all salt q
sax Of cents per 100 pounds. On all
other perfumed soaps cents per pound.
On reapers, mowers, scales, broOms and
wooden ware. 8 per cent. dd UllJruH.
9 a lfrrHH
srwise provided for, 3 per cent. al r0-
F0rlul. a duty on railroad iron Of 3 per
ton. On tubes made Of wrought iron, 3
. per ton. Copper, zinc and brass nails or
rivets. sheet lead and lead pipes, per
cent. al uaI07m. On articles OF
,.Io,niuc. manufactured OF produced
for sale by weaving OF knitting, and
on hats, bonnets and hoopskirts, and on
articles manufactured as parts Of cloth
Ing. or for trimming and ornameHting
rhe same, and on articles Of wearing ap-
psrreI, manufactured or produced for sale
from india rubber gutta percha or paper,
OF from fur, or fur skins dressed with FUR,
5o. Qd uulOrflHt On boots and shoes, 2oc.
1d Uqlorum, 70 be paid by every person
making, manufacturing or producing for
sale. boots and shses, OF furnishing the
materials or any part thereof, or employ
ing Others 10 make, manufacture or pro
duce from them, provided any boot or
shoemaker making boots OF shoes TO
order as custom wGrk only and not for
general sale. and where work does not
exceed in value $1,000, shall be exempt
from the tax on ready made clothing :;
gloves, mittens, mOccasins and other
articles Of dress for the wear Of men,
women and children, not otherwise as
sessed and taxed, one per cent, ,0d udtoruu
70 be paid by every person manuiactur-
ing or producing for sale clothing, gloves,
mitteps. mOcasins, caps and other arti-
cles Of dress, or furnishing the material
for any part thereof, or employing Others
10 make, manufacture or produce them,
provided that any tailor or any maker Of
gloves. mittens, etc, 10 order as custom
work only and not for general sales, and
whose work does not exceed annually in
value $1,000 shall be exempt from this
tax.and articles of dress made or trimmed
by milliners or dressmakers for the wear
OF women, shall also be eNemptfrOm this
tax. The charge on smoking tobacco OF
al kinds and limitations thereof shall De
25 cents per pound instead of 35; on smO-
king tobacco made exclusively Of
stems. 10 cents, instead OF 10 cents, per
mound on cigarettes or small cigars
made Of tobacco inclssed In q wrapper
and bender, and not over three and a
half inches long, fhe market value Of
which, tax included is not over > per
1000 a tax Of s. per 1000; when the mar
ket value is over So and not over SO per
1000, tax included, and on cherOots and
cigars, known As short aud on any
eigars, made with or without pasted and
twisted heads, market value Of which,
tax ;pcluded, is not over so per 100, q
tax Of 81 per 1000; on all ether cigars,
chercots and cigarettes, made wholly Of
tobacco or Of any other substitute there
FOR. SO per 100. section % provides
that all sales made by brokers and bank
ers doing business as brokers' whether
made for the benefit OF Others or on their
own account, at the rate OF Sc on every
500, and on all sales and contracts Tor
SAL Of stocks, bonds foreign exchange,
,yol6 and silver bullion and coin, uncur-
rent money, promissory notes or other
aecurifiee 2e for every $1,000 Of the
sD,or1f of such sales or contracts
and All Tor sale, negotiated and
made bv any person, firm or com
many. not taxed as broker OF bankoEi ol
any gold or silver, bullion. coin or uncur-
rent money. promissory notes stocks,
bonds on other securities not his own pro-
rertv tax 81 the rate Of Sc for every
500 Of the amount u such sales or con-
tract. an Of schedule 4 is stricken Qal
excepting bullion, tables and carriage
valued above $500 ia other words, these
are tie only articles ln that schedule now
retained nom taxation, approved on and
afier the 18th Of July, 1866. heceipts
derived from transporting property Tor
hire shall be exempt nom the tax I'M
rosed by section i03. but such exemption
shall not apply to sny receipts Of rail-
roads. ferries or bridges. nor to tranEpOr-
tattion Of mail Of the United STATES, upon
contracts made prior 70 the passage Of
this act. The tax on express companies
increased from 8 to 5 per cent. on gross
receipts. Where gFoss receipts do not
exceed 5000 they are exempt
Banking. etc, b. amended by adding
The deposits IN associations or companies
known a. proyident institutions, or
known IS banks having no capital stock,
OF doing other business than receiving
deposits 70 BE- loaned OF Invested ior the
sole benefit Of the parties making such
deposits without profit or compensation
10 the association or company shall be
exempt from tax or duty on 50 much OF
their deposits as they have Invested in
EecurfEes OF TIE Z nlNeN NLaAN1f anu 81
deposits less than 5000 made ina them OF
personal income tax, is per cent. on
excess on 5000 in lleg Gf the former tax.
Deductions sse about the same Is under
the present law. Stamp pduty on gaager' 5
measure and weighef returns and or ali
receipts are stricken out Ct schedule b,
and the following inserted IN lleu q the
same: Receipts for any sam Of money,
or for paving Of any debt exceeding
twenty dollars in amoeat not be-
ing for satisfaction, any judgment or
decree o. any court, or ~ Endorsement
OF any stamped ahrogatiOn in aclznowl-
edgement Of its fulilment, for each re
ceipt two cents provided that when
more than one signature is offered e
same paper, one OF more stamps may be
affixed thereto, representing the whole
amount Of stamps required for such sig
natures. There is to be one grade Of tax
on playing cards, namely. Eve cents
and two cents. On carved and preserved
meats, vegetables, etc, according to
value. Ground coffee, or any compound
or mixture ground and prepared for sale
Rs substitute for coffee over cent PEI