The Indianapolis sentinel. [volume] (Indianapolis, Ind.) 1880-1904, 1885-01-17
INTERNAL REVENUE BILL
Prepared by the Commissioner of internal
Revenue, and Its Passage Strongly
Recommended 10y Secre-
tary MeCullOch.

WAsHINGToE, Jan. 16.-Secretary Nc Cul-
loch to-day transmitted 20 he House Of Rep
ressntstiyes the draft of a bill prepared by
the Commissioner Of Internal Revenue, to
amend the law relating to the entry OF dis
titled spirits in distllery and special bonded
warehouses, and the withdrawal of the same
therefrom. The bill provides that the taz
on all distilled spirits, hereafter entered for
depositiDg in distillery warehouses, or Ia
special bonded warehouses, or remain
ing in such warehouses at the tius
Of the passage OF this act, shsu
be payable before and at the time tne san
are Withdrawn therefrOm, except in th
eases of Withdrawals therefrom without C.
payment OF tax as Low hereafter author zes
by law. Wsrehousing bonds hereafter take
under the provisions OF Ssction 8, ,293 OF Ga,
Revised Statutes, shall be conditioned e
lsy ment OF the tax on spirits as specified
the entry before removal from the distiller,
weTehouse, provided this act shall not apply
to distilled spirits remaining in warehousz
at the time OF its passage and which are
covered by the warshousing bonds,
unless there shall be endorsed upon
the wsrehoRsing bonds a written request
for an extension OF time fxed in said bond
for the withdrawal OF such distilled spirits
and a written Acknowledgement by the
the entire period such spirits may be actu.
ally permitted to remain in the distil cry
warehouse. Provided, farther, that q addi-
tionsl allowance for leakage shall be made
beyond the limit now allowed by law.
The Secretary OF the Treasury strongly recon-
menGs the immediate passage of the bill asked
for 20 relieve the present business depression. de
ssys in his letter Of transmittal:
"Tne manufacture OF WHISKY is one of the largest
and most important branches Of domestic indus.
try in the United States and is at the preseDf
time like other manufacturing interests, greatly
suffering from Over-production, and q Legitimate
business from which large revenues are derived.
1t IS not only depressed by over-production, bu.
by being burdened by heavy taxes. the pay
ment OF which, as in the case with no
other article. is required within a
| fixed period of whatever may be the con-
| diiion of the market In other words, the
present whisky tax is q tax on production, and is
thus in contTavenuon of the general policy of our
| own Government, and the policy OF other enlight-
| ened uations which derive large revenues from
/ fng laws the manufacturers or holders OF WHISKY
/ are compelled TO pay a tax amounting nearly to
five times its cost on an article before IL IS with
drawn from the warehouse for cons sumption, 10
export II AZ great expense TO be held In foreign
i countries until there is home demand for It. OF
to be sold in such countries, 70 the prejudice oil
our public revenue Some nations have been IN.
wise enough 10 resort for revenue to export duties
on their own productions. The United
states stands alone in enforcing the
| payment of tax on one of It's chic
products before there is demand for cOnsum D
tiop. 1htse considerations, N my Judgment