The home journal. (Winchester, Tenn.) 1858-188?, 1875-02-18
THE NEW REVENUE BILL.

Proposed Increase of the Tax ON Whisky,
Tobacco and Sugar-Reptal 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 exigencies Of the government" p"
reported to the house Of representatives by
Mr.. Dawes is AZ 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 distillery, bonded warehouse, or
not. a tax of one dollar on each proof gallon,
or wine gallon when below proof, to be paid
by the -6istiller, owner or person having the
possession thereof, before removal from the
distillery or bonded warehouse; and go much
of section 3,251 OF the revised statutes OF the
United States as ID inconsistent herewith IL
hereby repealed Provided.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-half 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 all such spirits held by dstillers, recti-
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 OF any
such di.tiled spirits after this act takes effect,
until an additional stamp, to be especially
print ed for this purpose by the commissioner
Of internal revenue, denoting the payment OF
the additional tax Of ID cents per gallon here
in imposed is purchased and attached to the
package or packages containing the same, III
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 go removed. and the spirits 30 re-
moved shall lie forfeited to the United States
and provided further, that on all brandy, gin,
rYm and all compounds 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 lie levied, collected and PAID shai
be $3.50 per proof gallon. a.,
| Sec. 2. That section 1868 of the revised
statutes be, and the game is hereby. amended
| by striking out the words twenty cents pei
pound" and inserting in lieu thereon tht
words twenty four cents per pound; pro
vided, that the increase OF tax herein proVideo
for shall not apply to tobacco on which tht
| TAX uIlubT tuo CAlot"b pA@.,
paid when this act takes effect.
Sec. 8. That 30 much Of section 81 as i'm
poses sstamp tax on friction matches, lucife
| matches or other articles made in part OF woot
and used for like purposes, he and the SAINT
| is hereby reI ealed. to take effect on and afte
| the first day Of July, 1876.
Sec. 4. That on all molasses, not including
tank bottom syrup OF sugar cane juice, melad.
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 nov
imposed in schedule G., sec. 25O4 of the re
vised 81 atutee, an amount equal to % per cent
OF said duties as levied upon the severa
grades therein designated.
Sec.,5 That 80 mnch Of section 2503 OF th
revised statutes a5 provides that only 30 pc
cent Of the several duties and rates Of du
imposed on certain articles therein enumerate
by section 2504, shall be levied, collected an
paid and the same is hereby repealed an
the several duties and rates OF duty prescribe
in said section 2504, shall be and remain a
that section, levied without the abatement Q
10 per cent, as provided in section 25O3.
Sec. 6. That tho increase Of duties provide
by this act ehall not apply to any goods, ware
or merchandise on board and bound to th
United States on the 10th day OF Februsr,
1875, nor on any such goods, wares or mel
chsndse on deposit in warehouses or publ
s'o.es at the date of the passage OF this act.
The committee sgreed Yesterday to fave
the repeal of that part Of the present Ia
which requires stamps Oil bank checks, etc
but tiiis morning they struck ont tho contcn
plated repeating section before reporting II
bill to the house.