, 1870-06-23
THE TAX AND TARIFF BILL

especial pains to notice and post raysclf II. To
gard 10 them
THE TAX AND TARIFF BILL,
Condition OF the Hill as Repuvtet In
the SeH1te-Altctatie1za and Mod{-
ficationA In the senate Comnittee.
WAsnNd1oy, June 2o.--The toI1os,io9 ma
the amendments proposed BY the Committee
Of Finance to the House bill for the reduction
Of taxation and fnr other purposes:
SPECIAL TA1ks.
They strike out the first eleven sectors Of
the bill, being al those which provide for tho
retention OF various special taxes. including
the tax On bankers, rectihezs, desless in to
bacco, lotteries, passports, tc-, and in their
stead provide for the repeal Of al special
taxes whatsoever, from and after May !, 1871,
with the exception Of the special t,1 On brew
ers and the tax on distilled spirits and tobscco.
The bill reported also provides for the repeal
several taxes on sales imposed bT er-
listing laws. except such As are paid by
stamps. and tho tar On sales OF leaf tobacco.
manufactured tobacco, snuff, foreign and do
nestic ciga1s, distilled spirits and vlnes. It
also repeals the ta1 on articles named in
H Schedule A." !he special taxes on boats,
parges, and lats. on legscies, suggestions,
passports, and gross receipts, said repesl to
take effect On the lst Of next October.
sTAdP TAXES
The committee also proposed to strike out
al SECTIONS Of the House bill relating to
Visions Of the existing Iaws relatiog to stsmp
taxes On promisso9 notes for 3 less sum than
800, md On receipts for any sum OF
money, and on canned md preserved
fish, ware to be repealed from and after
the 1st Of next OCTOBER and no stamp
.k,nS} II $f1a
ment Of = mortgage except on : salo thereof,
OF when transferred or assigned as collstera1
security. The bill f1es the schedule Of rstes
to be allowed purchasers OF proprietary
stamps, having their owu dies and designs,
ard provides also that matches. cigarlights
knd wa1-tapers may be removed from tho
p1ace OF manufacture without payment Of tax
or fixing stamps thereto. under such regu1a-
tions as the department MAY prescribe.
INCOMES.
The sections Of the House bill re}ating to
the income tar are not altered in any material
out which limited the deduction on account Of
houee rent to $500 The rate Of tax, there
fore, remains, as fixed by the House, 1t 3
per cent, with an exception Of O., 600.
DIVIDENDS.
The committee report in favor Of striking
out the provisions Of the House bill requiring
manufacturing, mining, gas, coal, and bridge
companies to pay 1 tax on dividends, but leave
the other provisions relative to corporations
unsltered. ........-
ApMslsTRATrys REFORM.
An additional section authorizes the Prcsi-
dent to Gems okdata two or more collection dis
tricts, retaining one Collector and one Assessor
for the same, whenever, in hisiudgment, such
consolidation can be effected without detri-
ment to the public interest
The provisions OF the House bill in regard to
tariR duties arc changed in the following par
ticula1s:
The clauses relating to duties On chicory
and other substitutes for coffee, ali kinds Of
spirits, all kinds OF wines, hrandies, and cor
nickel, German silver, aluminium, watch cases,
witch movements. chronomete1s, oranges,
lemons, pine apples, grapes, prunes, plurrs,
printed books, book matter, pamphlets, furs,
oil seeds and oils made from them, and anpre-
pared opium are stricken out The clauses re-
out, and in Hhir stead the following are sub
stituted = On al sugn1s not sboye No. Dutch
standard in color, and On ali syrups OF sugar
cane, melado, or concentrated melsdo, or con-
cent1ated nolasses, TX cents per pound I; on
sugar above No and not Shove No.
pound; between Nos. 10 Ind 1s, *
cents per pound; between Nos. Is and is,
TX cents per pound between Nos. 16 and 20.
scents per pound On sugars above No. 20
Dutch standard in color, and al refined Loaf,
lump, cruahed, powdered and sranulased
Sugars, 4 cents per pound. The duty on
| molasses from suga1cane remains - fixed by
| the House, At cents per gallon the duty ON
manina, Russfa and other hemp, manufac-
tured, is fixed at 925 per ton the duty on
| jute-butts ia changed from $40 to 56 per ton
! the duty On live animals is lowered from 80 to
[ animal oils is changed from 20 cents per gallon
| to 20 per cent dd rdl01en1 the rate On pre-
| pared opium is lowered from SO to 36 per
| pound !; the rates Of duty on teas, coffee, pig
| iron, scrap iron and steel railway bars rernaln
a. fixed By the Honsee, including the groviso
uroviso ia inserted
lyorided, That round iron in coils, three
sixteenths Of IN inch or less in dianoeter,
whether coated with metal or not, and Ill de-
scrptione Of irun-wire ard wire Of which ron
is component part, and not otherwise pro-
| vided for, EhAl pay the Bane duty As non-
/ wire, bright, coppered, or timed; and pro-
vided further, that the ateel commercially
| known as criuo1ine, crossed and heated steel
wire, shall pay duty At the rats Of cents per
| pound With 10 per cent dd rdlorens-
! ADDITIONS.
The following clauses are added By the SEN
I ate Committee, imposing new rites Of duty:
On duty on bituninous coal and slate, fifty
cents per ton Of {. 240 pounds; on cotton bag
ging OF other manufactures not otherwise pro-
vidsd for, suitable for uses to which cotton
hscginp is supplied, composed wholly or Il,
part ot hemp, futs. aax, or gunny-cfoth, II
I valued at Less than ten canfa uer a1uare
Tards two cents Der pound: and Il Yaluod
1t more than ten cents per square yard,
three cents per pound: on co.sets. or r1suu.
fscfured cIofh. woven or made in patterns OF
such size. shape. and fo1a, o. cut in sucl,
| nauuar as to be 1t for corsets. when valued at
e1Oner dozen or less, IS Der dozen; wher
| valued at over $40 Ger dozen, IS per cent al
ralorena on eyeiets Of every description, BIZ
cents per thousand: on uItru-mt1ipe. SIX cent.
| per pounii: on rough or unfinished grind
! stones, S1.5O; on finished, a2: freestoue
sandstone, grsnite. or monumental stone, e1
cept marble, 81 per ton; On sawed, dressed
Of polished marble slabs snd marble paving
tiles, 80 per cent ad raorens, and Is per squsFf
foot; not exceeding two inches in thickness
and, II thicker, not exceeding si1 inchea, ter
cents per foot. On hair CLOTH, forty cents pei
gnuare ward on crinoiine hair cloth, 80 pc
cent ad ratorena; on iron hair pins, 50 pa
cent dd razorem on si1k buttons, so per cen
| The bil1 nroTidsa fh.t for two ya,1s iron
| the time Of 1ts pssaape. machinery deaignet
uy lot auu sunptou ~ ~ uSea a,t.e ~ et.r.t
rn;.~a ~ S.,;.sa 80 -. ;,,nnrta1 h1 ~,
stata ~ hv anr narson dulv anthorized bv e..
ea;.rst 9s,S ~ tnra ~ ~ nv stats. fEea Of i111ty.
|