Marshall County independent. (Plymouth, Marshall County, Ind.) 1897-1902, 1898-06-24

ana leSacleS, sales and TRANSACTIONS, lele-
phone messages. kilograms. indemnifying
bonds. certificates Of stock, certificates OF
damage, charter parties, contracts and
brokers notes, memorandum Of sale,
custom house entries and Withdrawals.
mixed flour, tea.
The following list gives the principal
ar .icles of consumption with the tax that
shall be paid by each. The revenue rails
ed from this source will approximate ST.
e0o 900 a day:
Beer and Ale. 50 q barrel
Tobacco. ...,.... .12c pound
Cigars. S3 per 1000
Cigarettes. $500 per 900
Bank checks. .............2c stamp
Manifests of express package. lie stamp
Long distance telephone call -..... lie
Telegraph message. ................. 1c
Indemnifying bond 500
Life-insurance policy, for each 500. 1oc
Benefit Society Insurance-4O per cent.
of first weeks premium.
Fire Insurance-One-ha OF 1 per cent.
on each dollar insured.
Lease year 25c' years. soc; over
years, ST..
Mortgage-Under S1.5OO, csc; for each
$500 1900, H5c.
Passage to Foreign COuntries-NOt ex-
ceeding $50, ST.; exceeding $50,
SO, over $50, SIS.
Patent Medicine-For each sc value, one
eighth of 1 per cent.
Perfumery-FOr each sc value. one eighth
of per cent
Wine. lie a pint
Oil and Sugar-Refiners nre taxed one
fourth of 1 per cent. on gross receipts
exceeding s25O,OOO.
mixed flOur. &C Darrel
Tea .-.............. ..1Oc "A pound
The additional tax on all fermented liq-
uors stored in warehouses and already
stamped is to be assessed and collected.
Brewers are allowed ~ per cent discount
on stamps purchased. Other taxes that
went into effect with the signing OF the
bill are an additional tax of cents
pound on tobacco and snuff, an addition
al GO cents a thousand on cigars and
cigarettes weighing more than three
pounds to the thousand and an addition
al 80 cents a thousand on cigarettes
weighing not more than three pounds to
the thousand. A one ounce package OF
smoking tobacco, and one and two-thirds
ounce, two and one-half ounce and
three and one-third ounce packages
of tobacco and snuff are author
| ized in lieu of two. three and four
ounce packages Dealers having a stool:
or hand in excess of 600 pounds OF tobac-
CO. %. 900 cigars cigarettes. stamps
affixed subsequent 10 April IA at the old
rate, must make returns to collectors
within thirty days for assessment of
tax equal to one-half the difference be-
tween the tax already paid at the time
of removal from the factory and the new
| rate. The excess on hand only is 10 he
| returned and the tax will be assessed on
| the excess, which will be paid 10 collect
| ore after notice. No additional stamps
| are to be affixed to such stock on hand.
Upon gross receipts of persons. firms.
| companies and corporations engaged ia
| refining petroleum and sugar. or owning
| or controlling any pipe line for trans
| porting. oil or other products i'm excess of
| $3.50. 000 tax of one-Quarter of cent an
nually is imposed, which is now in effect.
| Returns are to be made .monthly.An inn
| port tax of 10 cents a pound Is imposed
| upon tea. which takes effect Immediately.
The following special taxes take effect
on and after July 1: Bankers. gradual
| ed. $50; brokers, $50; pawnbrokers. $50:
| commercial brokers, $50; custom-house
| brokers' $40: proprietors Of theaters. 500:
| proprietors of circuses. 500; proprietors OF
| shows for money $40: proprietors of bowl
| ing alleys and billiard rooms. for each al
| ley or table, So: dealers In leaf tobacco.
| graduated, minimum. Sc: dealers in tobac
| CO whose sales exceed $4,000 pounds. S12:
manufacturers of tobacco, graduated.
| minimum, Sc: manufacturers of cigars.
| graduated, minimum. Sc: manufacturers
and packers of mixed -four. sl2. The last
| tax is not imposed until sixty days after
| the passage of the act. which would make
| II effective Aug r. 1898. All persons en-
| gagged in the business on that date are re-
| Quired to make returns before the end OF
| August and pay the special tax reckOned
from Aug 1. 1895. to the first DAY of July
| following.
Wall Street Hit Hard.
| 1t will delight the hearts of many per
| sons to know that the cigarette fiends
must contribute very largely 10 the tax.
| On the 1900 OO0. 600 cigarettes which they
| annually consume the tax will amount
| 70 about 100000 more than HOW. AL
| ready the dealers are announcing their
| new price lists. Packages Of six cigar
cites of the standard cheap brands will
| be sold for the same price as packages OF
| ten are now being sold for. Men OF money
| who hold seats on the exchanges will
| have to pay their share toward helping
| Uncle Sam win his fight against Spain
| also. The tax on the transactions OF the
| New York stock exchange alone will
| amount to 81, co., 600 year and the other
| exchanges will pay in proportion. Prob
| ably S.. 00Q, 600 will be raised in that way In
| that city alone. The government will get
| about 81 100000 more from the people on
| Manhattan island alone through the doub-
| ling of the Inheritance tax. which ranges
|
| from your lineal ancestors or descendants
| to per cent on the fortune left you by
| your wifes uncIe's brothers aunt or other
| distant relative.
| Then there is the tax on the big corpora
| tons and trusts to Toe collected. hut they
say they Will not pay IL, and will fight
| the matter in the courts. An attempt To
| embarrass Uncle Sam ia war time is a
| serious matter. The trusts had better &c
| slow and pay their way. The people gen
| orally. however. seem quite willing TO help
| Uncle Sam To raise money.
| The tax stamp of eighty cents on every
| 81 000 of life insurance is expected TO draw
| N0,0000o year from the life insurance
| companies. but the fire and marine insur-
| ance companies Will not contribute more
than si5.000.000 year
Every vessel of over 600 tons entering
| or clearing from any port will have to
| pay tax OF 81. and this with graduated
! charges on the merchandise carried will
yield about si75.ooo a year.