The Lancaster gazette. [volume] (Lancaster, Ohio) 1863-1886, 1868-07-23
. THE TAX Bill.

Both Houses Of Congress, on yes,
tcrday, agreed to the report of the
Committee Of Conference on the
Tax bill, and it only needs the
Presidents signature to become q
law. He is likely to approve it,
but'if he.does not, there is no doubt
of its passage over his veto. 1t will
not suit everybody, Of course, in
all its details, but it Is such deci.
ded improvement on the existing
tax law that We trust it will gene.
rally receive tho hearty approval
oftho country.
Tho new act fixes the tax on
whisky at City cents per gallon
Wholesale dealers in the article are
required TO pay 500 on yearly sales
not exceeding $4,000 in amount,
and 81 on each additional 81 900,
with one per cent. on all sales
The taxes are to be collected at the
distillery, On exported whisky
and rum, a drawback of sixty cts.
is allowed, due thirty days after
the sailing Of the vessel. Distille-
ries are to pay four dollars per day
while running, ana two dollars per
day when work issuspended. One
or moro storokocpers will be ap,
pointed for each distillory, TO be
paid by the Government Whis-
ky now in bond is TO pay q special
tax Of four dollars per barrel, and
must be Withdrawn within nine
months. Retail dealers are to pay
q tax Of twenty-five dollars.
A tax Of thirty.two cents is lev.
led on chewing tobacco and snuff
sixteen cents on. smoking tobacco;
five dollars per thousand on cigars;
and ono dollar and II half per thou.
sand on cigarettes weighing not
ovor three pounds per thousand,
and five dollars when over that
weight. Observation-Disclosures is
allowed to be Withdrawn in bond
but twice.
!. Coal oil and its manufactures are
10 be hereafter exempt from tax
but distillcrs ndrefners of tlfO ar
ticle are to pay tho same tax as
other manufactures, in accordance
with tho net Of March last.
Bank taxes are not increased by
this act, as proposed by tho House
the Senate being nearly unanimous
in refusing to concur in this pro
vision. 1t is claimed that banking
institutions are already heavily tax,
ed, and to the full extent of theil
just share of the public burden,
Tho new stamp provisions 20 in
to effect in sixty days, unless the
Secretary of tho Treasury, in biz
discretion, shall see fit to postpone
their operation until December
next. Tho Secretary of the Treas
Jury and Commissioner of Interna
Revenue may change style OF tn,
stamps. Tho metro systom is u
gain brought into usc by the new
act.
With tho several changes in tn,
details of taxation-the most i'm
portant Of which wo have given il
substanco--a modification. of tn,
Revenue Bureau organization il
also made. There are to bo TWEEN
lty.fve Supervisors of informal Rev
enue, appointed by the Secretary
of tho Treasury, on the recommen
dation of the Commissioner, ant
assigned to districts by tho latter
| Tho annual salaries otthese Super
visors arc to be 81, 900 each. Th
Commissioners authorized TO up
point twenty-five detectives, to b
assigned to duty at his pleasure
The present system of inspector
and special agents is abolished
Inspectors Of tobacco, snuff and ci
gars are to bo appointed Collec
tors and Assessors are to bo liabl
to suspension by Supervisors, 70
malieasanco, subject to revision b,
tho Commissioner Of Internal Rev
enue, Suits are hereafter to b
compromised only by the head q
the Bureau, or Of the Department
We antieipate.good results fror
this legislation, and believe th
country will bo disposed to give
a fair trial, in tho hope of a speed
correction of many fragrant abuse
now Cxisting.-Cia. Chroalcle,