Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1868-07-22

patch gives, the following summary of
the tax bill which was reported from the
Conference Committee Wednesday after
noon, agreed to by both houses of Con-
gress, and will go to the President for his
signature as soon as it can be enrolled
It applies to distilled spirits, tobacco,
snuff, cigars, coal oil, and sets aside all
provisions of existing laws ON those arti
ces. The rate on whisky is fixed at fifty
cents, wholesale dealers pay 500 on an
nual sales of not. overl 5000, and one
dollar per thousand on sales in excess of
that limit, and one per cent. on all sales.
Retail dealers pay s25, Taxes are COL
lected at the distillery.. aWhisEey and
rum may be exported, A : drawback of
sixty cents per gallon is allowed to be
paid by the Secretary of the Treasury,
and not to be due till thirty days after
the sailing of the vessel. Distilfers pay
four dollars per day while running, and
two while work is suspended. There is
to be one or more store keepers Tor each
distillery, to be paid by the government.
Whiskey now in bond pays fouI dollars
per barrel special tax, and must be with
drawn within nine months. Tobacco pays
thirty-two cents on chewing, andsixteen
on smoking. The proposition to make
warehousesitor plug tobacco was notagreed
to. Manufactured tobacco can b. with
drawn in bond but twice. Snuff pays
thirty-two cents. Cigars, five. dollars per
thousand; cigarettes, one dollar, aud a
half when not weighing over tire, pounds
per thousand, and five dollars wlen they
exceed this weight. Asg5d 54 Jaf Iaa
The bill does not increase b:nk taxes,
as the Senate almost unanimously refused
any change whatever and the House was
Obliged to abandon the proposition or lose
the bill: Coal oil and its manufactures
are hereafter exempt from tax, but dis
tilors and refners must pay the same tax
as other manufacturers by the act of last
March. The meter system is again in
PRODUCED. The new stamp provisions go
into effect in sixty days after. The Sec
rotary of the Treasury may, in MS disere-
ton, put off the time till December The
Secretary and Commissioner may change
the style of stamps. There are to be
twenty-five Supervisors Of Internal Re
venue appointed by the Secretary on the
recommendation of the Commissioner,
assigned to districts by the Commission
er, and have salary of $4,000. The
Commissioner has power to appoint TWEEN.
ty-fve detectives and assign them to duty.
The whole of the present system of re-
venue inspectors and special agents is alb
lished at once, and hereafter there are to
be no inspectors except of tobacco, snuff
and cigars. Suits are hereafter. only to
be compromised by the Secretary and
Commissioner Collectors and Assessors
are hereafter to be confined to their own
districts, and are subjects suspension by
the Supervisors for abuse of power, neg
lect of duty, &c, revisory authority being
in the Commissioner This summary is
mainly intended to include statement of
final action on controverted points, as the
general provisions of the new law are we'll
known. atsolts5m0a Of vgW 5e9d aaG
The BILLS reported to make the num-
Der of Internal Revenue officers less than
half what it now it, and will effect agreat
reduction IN tue expenses. o l33I