The sun. [volume] (New York [N.Y.]) 1833-1916, 1894-03-09
eounfsd Until new stamps cen be made the
present issus IL authorized q be used.

The bonded period section IL as follows
.S sssn on % .ni s a Il ~:
". Ssry e. P.es q ,S,,g. seer, y e.,. ss
i,sd sy i,s Pnd upon 'sif, syiollI hsgo.iss n
sssSIisssS Indsr nsTnsi r. S1 sSs within sssi
year. from %. dsts % the orsinsl Tor dsgo. y
ssss, 81 nut brandy sspo,ila q ,n.si.i Bonded
without payment otisS as sSihorissd oy law
warehousing and transportation bonds are
! required as under The present law. condi.
| The new rate and before removal from ware
house and within eight years Provi.lon u
or refusal TO give warehouse bonds on original
entry occurs. Distlllers are permitted. prior
Gc q 0S b..nay 'e os ors
inal entry as to all other spirits. to have the
fhe Commis;ioner NJ Internal Revenue is
| authorized upon the execution Of proper
bond. TO establish one or more warehouses.
RS St sSI ss soSers sp bonS
useh exclusively for the storage OF spirits dis
Sd aS % Il. sS:, hs 81 Sntr. Prom from
the d sitting warehouse to the general bonded
warehouse. and spirits can be Withdrawn for
TO another but once. Distiler. who have given
bond and seli only distilled spirits OF their own
paid I stamps attached. are exempted from the
payment OF the special tax OF wholesale
1S9r d ds,s The na pT fer
violations OF the law.
CHANGES IN tbs CHEMICAL SCHEDULES.
The changes made in the chemca schedules
10 per cent. Aiumina Increased from 20 to
from 20 70 90 per cent: GiycsEins: changed t9 e
from 81 per pound to rs per cent. ad valorem.
IIcorice. changed from cents per pound 70
Salorem. Castor oil. changed from IS cents
per gallon to 30 per cont ad valorem. Olive
per cent. ad yslorem. PeppeTmint 81. re-
SSssS from e esr .Ss Cs
OF. for m edicinal uses changed from 20 to 20
per cent Baryta. CHANGED from g per ton to
ocbr@s. &c changed from il cents per pound
from IS 10 IS per cent. Zine. changed from %
to 20. DER cent. Dichromate and ehromate OF
Gydfiod ate from rs cents per pound to ID per
cent. ad valorem. Medicinal pIsparation..
such as cosmetics, from q, 90 to 10 per cent
Donate Of soda, salaratus. iron one-hslf cent
per pound to 80 per cent al yalorem.
mate o. soda. from 20 to 20 per cent. Sal soda
20 per cent. Soda ash. on quarter cent per
pound to 20 per cent I'D ynlorem. silieate OF
soda or o ond a. 81 ne, esn tss
tar and patent tartar. 25 to 20 per cent.
Tartar and lees crystal partly refined. from
THE IRON SCHEDULE.
In the iron schedules. iron In pigs 10 In
creased from 20 to 22s per cent. ad valorem.
e esGa Bar .G Iron rom g per per
Boiler plates. iron or steel. increased from 25
creased cream from Is 70 80 per cent Rsway bars
aS.s from 70 20 Der cent cas
iron pipe reduced from % to 20 Der cent.
AGRICULTURAL PRODUCTS.
Under agricultural products barley 10 in
dueed from % to 20 per cent :, Butter Is
al MIX 10 cent
ad valorem to 5 cents per pound; Hay from 81
H 20 70 Is p.s Soa sss
cent cent: "a ' saISrsn Onions rom - cents :
POsatoes chsns.d from 10 ssnts SusSs to 80
from Is cent: bgshsl to 20 per sent.
xaof ssn. ApPp HSad BAHAMAS P Oates cent iyss
and .pinespples taken from the free list
and taxed a. 20 per cent =. I'd z vaiorem. Pums
all taxed 30 per cent. ad vaiorem. Alponds
are engaged from cent. = pound to 2s per
sSsnuts and Brazil Spss are taken from the
Pssnass are are esssssd from ON ssst sSusS @
20 per cent. sd yalorem. Nuts OF all other
ARE ress sra
Poi cent I'd no %G@'Fy
cent ad Ssiorem. Chieory, root from
2cents u pound to 80 per cent ad valorem,
vaiorsm. and cocoa butter to 15Per cent ad
cent sd ysiors@. Starch and ,dsS,rins are
changed from I cent a pound to ~ Der , cent;
cd poa snd o Is ss
Spices are changed iroT cent 4 pound to 20
The cotton schedule remains as In the Will
'G Hemp mp burlaps are increased from 20 to 22s
per cent. ad yalorem. Flax nets and seines
are Increased from 80 TO IS per cent ad
yAlorem-
THE INCOME TAX
With the exception OF changes In the text
and modification OF some OF Its provisions. the
language Of the first section is made clearer.
and reads as follows:
That from and after Jan l. 1920. there shall be co;
T n. 70 me su 5 Sy
siding whether sAid gains pronts Or Income
3; dsrysa from 1ay .inS q properly G.ns nsr..
snpioy@:nI OF vocation carrisd on in the United
:S:. R;S ny amor ;I i:s::s
and incomes Of all property owned. and OF any busi:
ness trade or profess on carried on in the United
states By persons residing without the United States
In estimating these things which 60 to make
up an income. in addition to the sales OF live
stock. sugar. wool de-, the committee adds
cotton. Proceeding along the line OF the
House bill changes are only made to make the
text clear. and where a word Is used capable
OF being construed to give q discretionary
power, the tense Of the verb is changed to
make It mandatory.
In section 80 which says there shall be levied
and collected . tax OF 2 per cent on all dlvt-
dends. 6e.. the committee strikes out the fol-
lowing;
On all dividends. annuitis. or intsrss. paid BY eorpo
rAons associations for pront by virtue OF
the laws Of the United states or any state By msAns
~ any wiss limited 10 easn scrip OF othsrwIss; .Ae
such dividends aunultisA and interest Or from any
other sources whatever
The requirement that accounting ofieers
must send In their lists within thirty days
after any dividends become due and payable,
is changed TO read on or before the 10th OF
the month following that in which such divi-
dends become due and payable"
This provision in section 10 stricken out;
That this act shan apply to the incOms or dvi-
mr. atd Nv hutt anal