The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1868-06-07
THE NEW TAX BILL.
Speech of General schenck Introducing
the Bill.
EcoxcLunRp.]


Mr.. Schenck proceeded to show what the
effect of the bin would have on the
cost Of collection. and stated that the bill
proposed to abolish the system of whisky
and tobacco inspectors paid BY the distllers
and manufacturers, and to have tbs duty
performed by storekeepars, to be paid Nv
the Government. The saving in the agere-
gate cost ofeollection he estimated at $685.
$40. The committee had matured . sy..ess
ofsupervIsion. Instead ofspecial agents,gener-
al tax the one-iftb of one per cent on manufac>
lures OF certain Injuries, as for instance, the
Manufacture of fine confectionery. Those
were charged one sixteenth of one per cent.
on all over 5000. Ornamental jewelry the
committee had charged one per cent on all
over SIS 600; and on gold and silver
wares firearms and pianos, the committee
had charged one halt of one per cent. on
billiard tables the committee propose that
in every judicial district there should be n
supervisor OF internal revenue. But, instead
OF being wandering officer, he should ben
responsible man, properly paid by the Gov
eminent having fixed office. aud whose
duty 1t should be to supervise, look after. at
tend to, and report upon the conduct OF all
local revenue officers within the District.
Even he. however, would have to refer the
case Tor flnal action to the Commissioners OF
Internal Revenue and thus the system OF
responsibility from the head OF the depart.
ment dovnwards was to be maintained. AS
to manufacturers. he said that the policy of
the committee accorded with the genera,
policy indicated by Congress in The passage
OF the act OF March 3lst, last, and with the
fourth resolution in the Chicago platform
Ihis net, however, exempt breadstufrs and
manufactured lumber: Blu, he gave his friends
from the Northwest notice that this bill
omitted that exemption. All manufactures
we're to be treated, not with reference to the
particular things produced bnt win refer.
ence to the capital which they employ. vha,
they do with il, and how much they succeed
in producing and disposing of The com.
mittee had made the tax on sales as TO the
great body Of manufactures, one-iif,h Of ons
per cent. As to the exemptions thai wer.
to be made in manufactures, that wouh be ,
matter, he said, to diseuss hereafter. Fol
lowing out an idea contained in a resoIutior
reported by the Committee Of WAYS and
Means In January lastr the committee had
exempted from playing cards
the one per Gent on the amour,
manufactured. The idea oftbe comm;,,as
wss that while they adopted The general ava.
fen ofplscins = tax Of sales on manufacture,
very low, certain articles used pnfv Nv thnas
who are wealthy ongh TO bear 4 heavier tar
and on thnsa articles the comrrittee had
placed moro than on the ordinary manufac.
lures Of the country. In regard to snecial
tax, the special ta1 on hotels was graduated
30 that large hotels, Ike the Istor Honss
the Fifth Avenue and Willard Hotel. should
be taxed uucl1S i6retf In ) pSosoftion than
small hotels. In regard 10 foreitn brokers,
- sa@, thersia class Of gentlemen VIII,
~. .G .o@ Europe, and who take rooms al
s n o.S.r Hs nassse: Metronoltan Hotel. Of