Western Reserve chronicle. [volume] (Warren, Ohio) 1855-1921, 1870-07-27

III THO IeOpleSS DUR
dens.What Taxes r Abolished and
What Retained.
The tax and tariff bill, as it passed
Congress, from the conference commit
tee, is expected to reduce the burden of
taxation about eighty million dollars.
1t abolishes all taxes on gross receipts,
legacies, SUGGESTIONS, watches, gold and
silver plate, billiard tables, passports,
salaries, banks and bankers, the whole
system of special or license taxes, except
those on brewers and distillers, and all
taxes on sales, except those now paid
by stamps and those on sales of leaf
and manufactured tobacco, snuff, cigars,
wines and liquors. 1t also abolishes the
stamp act on ali receipts, transfers OF
mortgages, notes for less than one hun
dred dollars, and canned and preserved
fish. The taxes that remain are those
excepted as herein noted, as well as the
taxes on spirits, tobacco, gas, fermented
liquors, bank deposits, capital and circu-
lation, income tax, and stamp taxes,
except as abolished. The special taxes
do not cease till next May the taxes on
sales not till next October, and others
that are abolished expire on the first of
August. The income tax is to be col
lected but two years more, and at the
rate of two and a half per cent, with
lNO luOuSduu uOlAhIb SAcnlptlOns ~
tax on the salaries of government otft-
Gals ceases on the first of August, and
the difference to that date between five
and two and a half per cent. is to be
deducted next spring. In social or re-
ligious communities five persons are to
be counted as a family. The publica-
ton of income returns is positively pro-
hibited. Two and a half per cent. tax is
laid on dividends of incorporated banks,
trust companies, savings institutions,
and all insurance, railroad, steamboat,
canal, turnpike, slackwater, gas, coal,
mining, bridge and manufacturing COM
panies, whether payable to citizens or
non-reSidents. Interest allowed deposit
tors in savings banks is not TO be called
a dividend. The consolidation Of collec-
ton and supervisorship districts and dis
charge of needless officers is allowed to
the President.
The new tariff rates 60 into effect on
the 3Ist of next December. The prlncl-
pal items are tea, fifteen cents per pound;
coffee, three cents; substitutes for coffee,
five cents; molasses, five cents sugars,
from one and three quarters to four
cents, being about twenty-five per cent.
below the present rates; corsets, two
dollars per dozen when valued at six
dollars per dozen, or less, and thirty-tive
per cent, dd UdlOrem when valued at
over six dollars; flax straw, five dol
lars per ton; undressed flax, twenty dol
lars ; dressed flax, forty dollars; hemp,
twenty-five dollars; jute, fifteen dollars
lutte butts, six dollars; cotton bagging,
two cents per pound; pig iron, seven
dollars per ton cast scrap iron, SIX dol
lars wrought scrap iron, nine dollars ;
Bessemer steel, one and a quarter cents
cents per pound; railway bars, made in
- - -Aoa1 nna aanf. hair alnfh for
seating, forty cents per square yard when
eighteen inches wide, and thirty cents
when less than that width; crinoline
cloth, thirty per cent. Gd UGlOTem; silk
buttons or dress ornaments, fifty per
cent. dd UdIorem; nickel, thirty cents
per pound; nickel alloy, thirty cents
German silver and other mixed met
ais, forty-five per cent. dd UdlOrem; live
stock, twenty per cent. I'D Udtorem; Or
anges and lemons, twenty per cent ;
pine apples, &c, ten per cent. meats loot
oil and all animal, whale, seal and hsh
oils, twenty per cent; linseed, twenty
cents per bushel; linseed oil, thirty
cents per gallon rape seed oil, n half
cent per pound raw opium, n dollar
per pound; smoking opium, six dollars
per pound; morphia and its salts, one
dollar per ounce; cotton thread, yarn,
warps or warp yarn not wound upon
spools, whether single or advanced be-
yond the condition of single by twist
ing two or more single yarns together,
whether on beams or in bundles, skeins
or COPS, or in any other form, valued at
not exceeding forty cents per pound, ten
cents per pound; valued at over forty
cents per pound, and not exceeding sixty
cents per pound, twenty cents per pound;
valued at over sixty cents per pound
and not exceeding eighty cents per
pound, thirty cents per pound; valued
at over eighty cents per pound, forty
cents per pound, and in addition TO said
rates of duty, twenty per cent. al Udto-
rem.
There is an increase of duty on vari-
u spices, and new classification, with
increased rates on foreign wines and cor
dials of all kinds. The free list is partly
anlazHod- and nnaE through about as 1T
originally came from Schenck's COM
mittee some weeks ago. Steam plow
machinery m in free for two years.
Tonnage duties on vessels owned by our
own citizens are abolished, as are also
duties on boats, barges and flats. The
new port of entry provisions go into
into effect on the first of next october,
and extend to Boston, Providence, Phila-
delphia, Baltimore, Norfolk, Charleston,
Savannah, New Orleans, Portland, Me-.
Portland, Oregon; Buffalo, Chicago, Gin
cinnati, st. Louis, Evansville, Milwau-
kee, Louisville, Cleveland, San Fran
cisco, Memphis and Mobile. AT each OF
these ports, where there is not now one,
an appraiser is to be appointed, at a
salary of three thousand dollars, with
such weighers, gaugers,~ inspectors, &c,
as are necessary.