Adams County news. [volume] (Ritzville, Wash.) 1898-1906, 1898-06-15
WAR REVENUE IS IN FORCE
BILL SIGNED BY PRESIDENT.
BANKERS, Brokers and Amusement
Places Expected to Give Up Large
AmOunts-Many Stamps Will he
Called FOr-Abstract of the Meas
ure,

bill this morning and the president signed
it at 3 p. m.
Immediately upon receiving information
from the White house that the bill had
been signed by the president, Secretary
Gage issued circular explaining to the
public the proposed bond issue. The cir
cular invites subscriptions for two hun
dred millions of 3 per cent bonds. Sub
scriptions will be received at par for n
period of days from this date. Bonds
will be issued in the coupon and regis
tered form, coupon denominations rang
ing from $40 to $1,000, and registered
bonds from $40 to $4,000.
The following is an abstract of the
provisions of the bill
A tax of 80 on all beer, ale porter, and
other similar fermented liquors for every
barrel containing not more than l3 gal
Ions: and at a like rate for arv other
quantity or fractional part of barrel.
Special Taxes From JuIy-1.
!. Bankers employing a capital not
exceeding $25, 600, $50; employing capi.
tai exceeding $4,000, for every addition
al $1,000, 81; surplus included as capital.
Savings banks having no capital stock
and whose business is confined to recev-
ing deposits and loaning or investing the
same for the benefit of their depOsitors
and which do no other business or bank
ing are not subject to this tax.
2. Brokers, $50; but any person having
paid the special tax as bank shall not
be required to pay the special tax as a
broker.
3. Pawnbrokers, $40.
4. Commercial brokers, 500.
5. Custom house brokers, So
6. Proprietors of theaters, museums
and concert halls in cities of more than
$4,000 population, 500. This does not in
clude halls rented or used occasionally
for concerts or theatrical representations.
7. Circuses, 800, to be paid in each
state in which exhibitions are given.
S. Proprietors or agents of all public
exhibitions or shows for money not emu
merated here, $40.
0. Bowling alleys and billiard rooms,
SIS for each table or alley.
Tobacco Tax.
Tobaccos, cigars, cigarettes and snuff.
In lieu of tax now imposed by law, a
tax of lc per ounce upon all tobacco and
cigarettes manufactured and sold, the
following taxes to be paid by the mani
facturer: $500 per 1000 on cigars weigh
ing more than three pounds per 1000; 81
per 1000 cigars weighing not more than
pounds per 1000; $3.50 per 1000 on cigar
cites weighing not more than three
pounds per 1000, and $l.50 per 1000 on
cigarettes weighing not more than three
pounds per 1000.
The compromise provisio in regard ia
the tax on stock on hand provides for a
tax equal to one-half the difference be-
tween the tax already paid on such ar
ticles at the time of removal from the
factory or custom house and the tax lev
led in this act upon such articles. Deal
ers having on hand less than 1000 pounds
of manufactured tobacco and $1,000 cigar
cites or cigars on the day succeeding the
date of the passage of the bill are re-
lieved from the necessity of making re-
turns and thus relieved from the neces.
sty of paying the tax.
Tobacco Dealers and Manufacturers
Dealers in leaf tobacco whose annual
sales do not exceed $4,000 pounds each, So
Those whose annual sales exceed 10000
and not 100000 pounds, $l2, and if theil
annual sales exceed 100000 pounds, $24
Dealers in other tobacco, whose annual
sales exceed $4,000 pounds, $l2. Those
selling their own products at the place
of manufacture are exempted from thi:
tax.
Manufacturers of tobacco whose an
nual sales do not exceed so 900 pounds, So
Manufacturers whose sales exceed $4,000
and not 100000 pounds, $l2. Manufac
turers whose sales exceed 100000 pounds
$24. Manufacturers of cigars whose annu
al sales do not exceed 100000 cigars, SO
Manufacturers whose sales exceed 100000
and 100000 cigars, $l2. Manufacturers
whose sales exceed 100000 cigars, $24.
Insurance.
Life-On each policy for $l0O, Zoe OF
the amount insured. On policies on the
industrial or weekly plan, 40 per cent o.
the amount of the first weekly premium
is charged. Fraternal, beneficiary socie
ties and purely local cooperative com
panles, efnpioyeS Teilef dssOcldtioHS, opci
ated on the lodge system or local coop
erative plan, organized and conducted
solely by the members thereof, for th,
exclusive benefit of its members and no
for profit" are exempted.
Insurance marine, inland, firel-Eael
policy, one-half of one per cent on eacl
dollar. Cooperative and mutual com
panies are exempted.
Insurance casualty, fidelity and guar
antee)-Each poll " and each bond for th'
performance of the duties of any Office o.
position or other obligation of the natur'
Of indemnity and each contract or obi
CATION guaranteeing the validity of bond
or other public body or guaranteeing title
to real estate or mercantile credits guar
anteed by any surety company upon tn
amount of premium charged, one-half .
] cent ON each dollar; on lease, land, o
tenement, not exceeding one year, 2
cents; exceeding one year and not exceed
ing three years, SO cents; exceeding thre
vars, 81.
other Provisions.
Manifest for custom house entry o
clearance of cargo for a foreign port,
the registered tonnage of such ship, YES
sci or steamer does not exceed 800 tons
81. exceeding 300 tons and not exeeedin