The herald and mail. [volume] (Columbia, Tenn.) 1873-188?, 1875-02-19
THE NEW REVENUE BILL.
Proposed increase of the Tax ON Whisky,
Tobacco and Sugar-Repeal Of the Tax
m,

ON Matches.
The text of The revenue bill entitled, /" A
bill to further project the sinking fund and to
provide for the exigencies Of the government,
reported to the house of representatives by
Mr.. Dawes, is as follows
Be it enacted etc., that from and after the
Gate of the passage of this act, there shall oe
levied and collected on all distilled spirits on
which the tax prescribed by law shall not have
been paid, and whether the said spirits shall
then be in he distillery, bonded warehouse, or
not, tax of one dollar on each proof gallon.
or wine gallon when below proof, to be paid
by the distiller, owner or person having the
possession thereof, before removal from the
distillery or bonded warehouse; and so much
OF section 8, ,251 of the revised statutes of the
United States as is inconsistent herewith ls
hereby repealed Provided. that in addition to
the tax OF seventy cents per gallon imposed
by the law now existing, there shall be levied
and collected 10 cents, being one-halt OF tue
increase of the tax. under this act on each
and every proof gallon or wine gallon when
below proof, of domestic distilled spirits man
ufactured and placed in bonded warehouse
prior to the dav when this act shall take effect.
and held in bonded warehouse at that time,
and on all such spirits held by distllers, recti-
fers or wholesale dealers, baving in their pos
session, or under their control distilledspirits
or stamped packages, and any person who
shall sell. transfer or otherwise dispose OF any
such dietlled spirits after this act takes effect
until an additional stamp, to be especially |
printed for this purpose by the commissioners |
of internal revenue. denoting the payment of |
the additional tax of Is cents per gallon here |
in imposed is purchased and attached to the |
package or packages containing the same, in |
such manner as the commissioner of internal |
revenue shall prescribe, shall be subject to |
and pay penalty of one dollar for each and
every gallon so removed, and the spirits so re-
moved shall be forfeited to the United States;
and provided further, that on all brandy, gin,
rum and all comrounds and preparations OF
which distilled spirits is the component part
of chief value, embracing all forms OF dis
titled spirits imported from foreign countries,
on which the duty as fixed in the revised
statutes is two dollars per gallon, the duty
hereafter to be levied collected and paid shall
be 1880 per proof gallon.
Sec 2. That section 1868 of the revised
statutes be, and the same is hereby, amended
by striking out the words twenty cents per
pound" and inserting in lien thereof the
words twenty-four cents per pound" pro-
7ided, that the increase of tax herein provided
Tor shall not apply to tobacco on which the
AK under the existing law shall have been
paid when this act takes effect.
Sec. 8. That so much of section 81 as I'M
poses astamp tax ON friction matches, lucifer
matches or other articles made in part of wood
md used for like puTposeE be and the same
s hereby reF eaed, to tate effect on and after
he first day of July, 1876.
Sec. 4. That on all molssses, not including
.
n concentra ed melado, and on sugars accord |
ng to the -tandaTd in color. imported from ]
nreign countries, there shall be levied, col
eeted and paid in addition to the duties now
imposed in schedule G, sec. 2504 of the re-
used statutes, an amount equal to Is per cent.
# said duties as levied upon the several
rades therein designated.
Sec. s. That so much of section 2503 of the c
evised statutes as provides that only 30 per !
ent. of the several duties and rates of duty /,
imposed on certain articles therein enumerated 1
y section 2504, shall be levied. collected and
aid, and the same is hereby repealed. and !
he several duties and rates of duty typrescribed :
Il said section 2504, shall be and remain .
hat section, levied without the abatement of I
0 per cent. as provided in section 2503. t
Sec. 6. That the increase of duties provided '
y this act shall not apply to any goods, wares &
r merchandise on board and bound to the !
Tnited States on the 10th day of February, ..
S75, nor on any such goods, wares or mer- l
handise on deposit in warehouses or public {
o. e5 at the date of the passage of this act. :
The committee agreed Yesterday to favor I
he repeal of that part of the present law :
hich requires stamps on bank checks, etc,
ut this morning they struck out the contem-
lated repeating section before reporting the
i'll to the house. 8