The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1875-02-11
WASHINGTON.
Treasury Balances.


The following are the Treasury balances for
to-day:-Currency, 1885, 17; special deposit
of legal tenders for redemption of certificates of
deposit, $44 535, 600; coin, $70 225, 760, including
coin certificates, 500, 713,900; outstanding legal
tenders 1882, 100000.
The Tariff Bill.
The text of the revenue tariff bill reported to
the House to-day is as follows:
A Bill to Further Project the Sinking Fund
and to Provide for the Exgencies of the Gov
eminent
Be it enacted, dc.
Sec l. That from and after 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, aud whether
the said spirits shall then be in the distillery,
bonded ware house or not, tax of one dollar
on each proof gallon or wine gallon when be
low proof, to be paid by the distller, owner or
person having possession thereof before its re-
moyal from the distiery or distilled warehouse
and so much of section 3251 of the revised stat
utes of the United States as is inconsistent
herewith is hereby repealed. Provided that in
addition to the tax of 70 cents per gallon i'm.
posed by law now existing there shall be levied
and collected tax of Is cents, being one half
the measure of tax under this act on each and
every proof gallon or wine gallon when below
proof of domestic distilled spirits manufactured
and placed in bonded warehouses prior to the
day when this act shall take effect, ami held in
bonded warehouses at that time, and on all
such spirits then held by distillers, rectifyers or
Wholesale dealers having in their possession or
under their control distilled spirits in stamped
packages, or 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 especially printed for the purpose
by the commissioner of internal revenue, de-
noting the payment of the additional tax of Is
cents per gallon herein imposed is purchased,
and attached to the package or packages con-
tanning the same in such manner as the COM
missioner of internal revenue shall prescribe,
shall be subject to and pay penalty of one
dollar for each and every gallon so reno Jed,
and the spirits so removed shall be forfeited to
the United States. And provided further, that
on all brandy, gin, rum, and on all compounds
and preparations of which distilled spirits is a
component part of the chief value, embracing
all forms of distilled spirits imported from for
eign countries on which the duties fixed in 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 36S OF the revised stat
utes be, and the same is hereby amended by
striking out the words 20 cents per pound and
inserting in lieu thereof the words "a cents per
pound, provided that the increase of tax herein
provided for 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 1887 as i'm
poses stamp tax on friction matches, lucifer
matches or other articles made in part of wood
used for like purposes be, and the same is
hereby repealed, to take effect on and after the
first day of July, 1875.
Sec 4. That on all molasses, not including
tank bottom. syrups of sugar cane juice, mela-
do or concentrated melado, and on sugars &C
cording to the duties standard in color import
ed from foreign countries, there shall be levied,
collected and paid in addition to the duties now
imposed in schedule sc" section 1904 of the
Revised Statutes an amount equal to % per
cent of the said duties as levied upon the seve
raj grades therein designated.
Sec 5. That 80 much of section 1903 of the
Revised Statutes as provides that only 80 per
cent of the severul duties and rates of duty i'm
posed on certain articles therein enumerated
by section 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 1904 shall be and remain as by
that section levied without abatement of 10 per
cent as provided in section 1903.
Sec 6. That the increase of duties provided
by this act shall not apply to any goods, ware
or merchandise virtually on shipboard and
bound to the United States on the 10th day of
February, 1876 nor on any such goods, wares
or merchandise on deposit in warehouses or
public stores at the date of the passage of the
act.