The Bolivar bulletin. [volume] (Bolivar, Hardeman County, Tenn.) 1865-1888, 1875-02-19
TIE NEW REVENUE BILL.
Proposed increase of the Tax on whisky
Tobacco and SugRr-RepeaI OF the Ta1
Matches.

Proposed Increase of the Tax on whisky,
Tobacco and SugRr-RepeaI OF the Tax
on Matches.
The text of The revenue bill entitled, " a
bill to further protect the sinking fund and to
provide for the exigsncies of the government"
reported to the house of representatives by
Mr.. Dawes, is as follows
Be it enacted, ETC., that from and after the
date of the passage of this act, there shall be
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 The distilleTy, bonded warehouse, or
not, a tax Of one dollar on each proof gallon,
or wine gallon when below proof, to be paid
by the disEller, owner or person having the
possession thereof. before removal from the
distillery or bonded warehouse; and so much
of section {, PSI of the revised statutes of the
United States as is inconsistent herewith Is
hereby repealed Provided that in addition to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 Is cents, being one-hsf Of the
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 day when this act shall take effect.
and held in bonded warehouse at that time
and on ali such spirits held by distlllers rectl-
fiers or wholesale dealers, having in their pos
session, or under their control, distilled spirits
or stamped packages, and any person who
shall sell, transfer or otherwise dispose or any
such distilled spirits after this act takes effect,
| until an additional stamp, to be especially
printed for this purpose by the cOmmIEsloner
! 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, shsll be subject to
| and pay q 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,
! and all COmIOuDdH 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 III the revised
| statutes is two dollars per gallon, the duty
hereafter to be levied, collected and paid shall
be $3.50 per proof gallon.
Sec. 2. That section 1858 of the revised
statutes be, and the same is hereby, amended
by striking out the words twenty cents per
| pound and inserting in lieu thereof the
| words twenty-four cents per pound pro-
| vided, that the increase of tax herein provided
| Tor shall not apply to tobacco on which the
/ tax under the existing law shall have been
| paid when this act takes effect,
| Sec, 3. That so much of section 81 as i'm
poses astamp tax on friction matches, lucifeT
matches or other articles made IN part of wood
| and used for like purposes, be and the same
is hereby reT ealed, to take effect on and after
| the first day of July, 1876.
Sec. 4. That on all molasses, not including
| tank bottom syrup of sugar cane juice melado
/ or concentrated melado, and on sugars accord
| ing to the standard in color, imported from
! foreign countries, there shall be levied, col
/ lected and paid in addition to the duties now
imposed in schedule G, sec. 2504 of the re-
vised statutes, an amount equal to 25 per cent.
Of said duties as levied upon the several
| grades therein designated.
] Sec. 3. That so much of section 25O3 of the
revised statutes as provides that only 90 pei
! cent. Of the several duties and rates of duty
| imposed on certain articles therein enumerai ed
! by section 2504 shall be levied. collected anG
| paid, and the same il hereby repealed, and
! the several duties and rates OF dutyprescribed
/ in said section 2504, shall be and remain az
that section, levied without the abatement OF
10 per cent, as provided in section 2503.
| Sec. 6. That tie increase OF duties provided
by this act shall not apply to any goods, wares
| or merchandise on board and bound to the
| United States on the 10th day Of February
1875 nor on any such goods, wares or mer
chandise on deposit in warehouses or plibliS
stores at the date OF the passage OF this act.
The committee agreed Yesterday to favor
the repeal OF thst part Of the present Law
which requires stamps on bank checks, etc
but this morning they struck ont the contefn
plated repeating section before reporting the
bill TO the house. -- .- .-