The Lake Charles echo., 1883-03-17

(efDAl IcfeutlE taA+A NhttH VIII p9
left after The new law shall gD into
effect
Distilled spirits. per gallon, =. 80 90
| Wines made in Imitation OF cham
pagnr bnt nat marie from gfapcs
grewn IN the United States per
pGt.....s.. 80. -.-..-.s.s....s5.s.. 10
etsmps for distilled spirits for export 1li
siamps for dissiliag warskonse. ... 10
SiampS Tor recsted spirits. .s s....s... 10
stamps for whpi-ssle liquor dealers, iu
| Stamps for specialb9nded warehouses 10
Stamps for rewarehensinE ...ss..I...-s. 10
Sg9nlys for tobacco Tor export. ..-s.s 10
nips pr tmro rofted spirits. ......... 10
FERN atea Equprs, beer, etc., per
hsffel. .,......... s--s...+-.s.-e+.- w
Cigars, per 1000. ACKNOWLEDGEMENTS. 90
( Cigarettes per 1000. .ss48...sIas44., 90
To5aeca, chewing and smoking, per
pound. ....s- .t-.s..- -. s.s.5..- "
Snuft, per p0u.id ....s.. 49,, .s.s.. W.
Deasersin manufactured tobacco, per
anullsn ..|.... =. .,|-s .s. ~ .sss.s w
Dealers IN leaf to5accos per apnnm. ~ 90
Manufacturers Of tobacco, per aunun. 2 40
Manufacturers 81 cigars, perannum 90
Manufacturers Of st;lis, per annun.... 50 %
Manufacturers and Tor each still maur
uiaeturcd. ..s.s........s4..-.s.. ~ w
Brewers. ....a.................s.. 90
B.rr-ls. ner ssnuul .........s..f f9 90
Ped ilers or tobacco 1rst class ....s... 30 90
+ }ddleFs Of toh9ceo, second clasa 70 w
Psldlers Of te1aeeo, third class 70
ped9IeIs Of tobacco, fourth elaee.... W
Wholesale dealers IN matt llqnors per
nnnpn ,..s.9..... .......ss.. 1v w
Wsclesale liquor dealers, per annuInD 100 0o
Refaii liquor callers, per annum. q. :. 25 %
RcctileFs, 500 barrels per annam. lO0 00
KFaau dealers IN leaf tobacco $50 ~
And fyr annual sales over $1,000, sO cents
Circulation ~ banks per m1nth, l-l20f
per cent; circnlaEion ol exceeding 10 per
ceat. Of capital, l-6uf per cent. additional,
On circulating medium Of banks cities or
personA, i0per cent.
The Deputy Commissioner Of Inter
nal Revenue says that banks, bankers
and national banking associations will
not be required to pay taxes under
tile new law after January !, Tho date
upon which the last semi-anuual report
was received. All taxes due at that
time and unpaid win he collected,
This abolishes nearly the entire
stamp system. The special license
stamps win be changed BY having
stamped upon their face something 70
show that they are issned under the
new law. Snch al amount OF stamps
have been engraved and printed and
are ready for distribution that the do
partment will not care to waste them.
This law destroys the very lucrative
traffic of revenue stamp dealers. Men
In different cities have been III the
habit of negotiating directly with the
Government forthe purchase Of stamps.
and receiving, under the law, com
mission Of 5 per cent. on purchase
Of $1,000 worth Of stamps, 4 per cent,
on 5000, per cent Oh 500 aud ,
per cent on $50. The sales to smaller
dealers, whose limited means viii not
permit these extensive negotiations,
and to individual consumers are en-
ornons, and the profits, "a can be
seen hy the computation, are large. Il
is the general impression that the
business Of stamp brokerage is done
through and under the direction of
the Commissioner Of Internal Revenue,
So lucrative have become The opera
tious Of the dealers, that those engag-
ed in the business stIoye 70 confirm
this Impression for obvious reasons
As profitable as the business has re7
Gently been, it il nothing campara-
lively to what il was soon after the
passage Of the act creating the Tux in
1862, II was . war measure, and all
most everything conceivable was under
tax. The revenue officials who sold
the stamps pocketed the discount.
One dealer in an eastern state is said
to have had a business which exceeded
$I50,oOo Annually. The stamps used
by The patent medicine makers, except
in a few instances, have been pur-
chased direct from Washington, and
therefore this large sum is derived |
from other sources, chiefly dealers,
who retail The stamps at much lower
rate to smaller number Of persons,