The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1875-02-11
The Revenue Bill.

WAsmYGToN, February l0-The
text of the revenue bill reported to the
House to-day, by Mr.. DAVIS Is as follows:
A Bill to further protect the sinking
fund, and to provide for the eXigencIes
Of the government.
BE it enacted, a.. That from and after
the date Of the passage Of this act, there
shall be levied and collected IN all dis
titled spirits, on which the tax prescribed
by law shall not have been paid, and
whether the said spirits shall then be in
the distilIery, bonded warehouse or not,
tax of one dollar on each proof
gallon, or Of nine gallons,
when below proof, to be paid by the dir
tillcr or owner or the person having pos
session thereof before the removal from
the distilerv or bonded warehouse, and
so much of section 3,2jl Of the revised
statutes of the United States, rs Is incOn-
sistent herewith, is hereby repealed.
Provided that in addition to the tax Of
20 cents per gallon, imposed by the law
now existing, there shall be- levied and
collected tax of - ccnts-bclng one
halfth increase of tax under this act
on each and every proof gallon or nine
gallon. when below proof Of domes-
tic distilled spirits manufactured
and placed in the bonded warehouse,
prior to the day when this act shall take
effect. and held in bonded warehouse at
that time, and on all such spirits then
held by distilIcr, rcctiticrs or wholesale
dealers having in their possession or un-
der their control distilled spirit, in
stamped packages, and any person who
shall sell. transfer or otherwise dispose OF
any such distilled spirits after this act
takes effect until an additional stamp, to
be specially printed for this purpose by
the Commissioner ot lntcrnal Revenue,
donoting the payment of the additional
taX of II cents per gallon herein mn
posed. is purchased and attached I" the
packages or package containing the same,
i'm such manner aS the Commissioner OF
Internal Revenue shall prescribe, shall
be- subject to and pay penalty oi ON"
dollar for each and every gallon 80 re
moved, and the spirits :" removed shall
be- forfeited to the United Statc-; and
provided further, that on all brandy gin,
rum and on all compounds and prcpara-
tons of which distilled spirit, Is COM
poncnt part of chief value embracing all
the forms Of distilled pirit, imported
from foreign countries. on which the
duty ~ fixed in the revised statutes Is two
dollars per gallon, the duty hereafter
To be levied. collected and paid shall
T., ~ lO NOR nrbrt ,ru Ion
SEC. 2. That section 1868 fthc revised
status be, and the same Is hereby amend
ed, by striking out the words twenty
cents per pound, and inserting i'll lien
thereof the words twcnty-four cents per
pound. Providcd-tha it Shall,not apply
to tobacco on which tax. under the rX-
i,ting law, shall have been paid when
this act takes effect.
SEC. 3. That 80 much of section 3,i31 aS
imposes stamp tax on friction and luci-
fer matches, or other articles made in
part of wood and used for like purposes,
be and the same is hereby repealed, to
take effect on and after the 1T day Of
July, 1875.
SEC. 1. That on all molassas, not in
cluding tank bottom syrup of sugar cane
Juice. meado or concentrated mcladO
and on sugars according to the duty
standard in color imported from foreign
countries, there shall be levied, collected
and paid in addition to the duties now
imposed in schedule g., section 2,5O5 of
the revised statutes, an amount equal TO
- per cent of said duties, rs levied upon
several grades therein designated.
SEC. ). That SO much of section 2,503
of the revised statutes, as provides that
only 30 per centum Of the several duties
and rates Of duty imposed on certain ar
ticlcs therein enumerated in 1904, shall
be levied, collected and paid, be and the
same is hereby repealed, and the several
duties and rates OF duty prescribed IN
said section 2,504. shall be and remain as
by that section levied, without abatc-
ment of 10 per ccntum as provided in
section 2,jO3.saGas
SEC. G. That the increase of duties
provided by this act shall not apply to
any goods, wares or merchandise, actual.
" on shipboard and bound to the United
States on the tenth day Of February, 1873,
nor on any such goods wares or mcr-
chandisc on deposit in warehouses, or
public stores at the date OF passage of
this act This committee agreed ycstrr-
day to favor the repeal of that part OF
the present law which requires II stamp
on the back Of checks, &c.
This morning they struck out the con-
templated repeating of the section, be-
fore reporting the bill 20 the House.