The News-Herald. [volume] (Hillsboro, Highland Co., Ohio) 1886-1973, 1898-06-16
WAR RBvENuR SrII.
rhe Conference Commietss Come 70 Al
Agreement and Make . Repert 20
the House

the House
WASHINGTON, June TO- The confer.
snce report on the war revenue bill
was submitted to the house Thursday
afternoon. 1t follows:
The house accepts the senate provi.
sions: Allowing rebate of ~ per
cent on the sale Of stamps for fer
mented liquors, instead Of per cent
as provided by the house. Imposing
special taxes, ETC., with an amendment
striking out insurance agents and
also making the tax as to theaters
apply only to cities exceeding $4,000
population. The amendment striking
out the senate provision imposing a
special tax on retail dealers The pro-
vision relating to stamp taxes on life
insurance policies, but reduced to
eight cents for each 800 of insurance,
to be paid only once at the inception
of the policy; and corresponding re-
duction on weekly payment insurance.
The proprietary medicine and per-
fumery amendments of the senate with
a reduction of the tax Of about one
third. The senate amendment provid-
ing that stamps may be affixed on me-
dicinal articles held in stock, as when
such articles are sold by the re-
taller.
The senate amendments imposing an
excise tax Of one.fourth of one per
cent on corporations refining sugar
or petroleum, measured by their gross
receipts exceeding s25O,O and also
the senate amendment imposing a
stamp tax of one cent on the sale of
each sleeping and parlor car ticket
sold by the company issuing the same;
and also the senate legacy and inherit
ance tax.
The house recedes from its tonnage
tax provision. Senate amendment inn
posing duty of ten cents per pound
! on imported tea, with an amend
ment providing that the duty
shall take effect on the pas
sage of the act. The senate amend
ment relating to mixed -four with a
substitute embodying the bill on the
same subject as reported by the COM
mittee on ways and means.
The senate recedes from its coinage
of the silver siegniorage amendment,
and a substitute is agreed to simply
authorizing and directing the coinage
of not less than one and one-half mill
lions of silver dollars per mon tn from
the silver bullion held in the treasury;
such silver dollars to be applied as
provided by the act of July IA, 1890.
The senate accepts these house pro-
visions; Placing the increased tax on
fermented liquors stored In ware
houses. The certificate of indebted
ness and loan provisions of the house
with a reduction of the amount Of
bonds authorized to $500, 600, 600.
The house accepts the senate rates
on cigars and cigarettes, and the sem
ate accepts the house proposition inn
posing an additional tax on stocks on
hand, but reducing the tax on such
stocks one-half, and excepting from
its operation stocks not exceeding
1000 pounds of tobacco, 20, 600 cigars
and cigarettes.
The house accepts the senate amend.
ment imposing a tax on all speculative
sales on stock and produce exchanges.
The senate accepts the house ex.
emption of receipts from stamp taxes
The senate recedes from its amend,
ment imposing stamp taxes on articles
sold under a trade mark or any nama
or designation not open to genera
use.
The house agreed to the conference
report on the war revenue bill Vote
1854 to lot.
The republicans who voted against
the adoption of the conference report
on the war revenue bill are: Brewster,
Henry (Ct), Hill, Littaur, Mcintyre
The democrats who voted for the re-
port were: Cummings. briggs, Ftzger-
aid, McAleer, Mcclellan.
A very strong effort will be made to
secure vote in the senate Friday be-
fore adjournment on the war bill,
80 that it may go the pre- esident this
week. Many senator's believe that the
effort win be successful
THE MARKETS.