The Beaver herald. [volume] (Beaver, O.T. [Okla.]) 1895-1923, 1898-06-16
WAR TAX MEASURE.
Details Of the Bill Passed by Con-
gress to Create More Revenue.
Hou.e Asopss the Coufsreree RePort. ist
70 1oT. the Divt.ioa BstnE Practically
Parry IAnes-Conpleie Abstract
Of ths Neasure

WasErxrrux gu-t fl ne Nrusa n = rr-e
q "a 70 ~. vesterasT azrss.i 30 i.e seuats
s--s1t-s1ts 30 TIE va reven1s blL Flre re-
r-nliez-s ru.ec .rai-st t.e c1-fsre--e rers1rs
axf fre teuuer1ts v--sss for lI The fc1loul-r
j. ca-plete ah,ssrBr g tie I'm FiTilr ersrT
item ard rate aE1d cr-i iai-s eveTyt1LnE save O.
Z tais q Etzl1istr&-lTe features u proTices
that tAs sct shau take sssci ca TIE tsg s-c-
aee5i-E TIE ca;e q ifs passage srrer. s. othsr-
uiss specially p-uTttei for:
A tar q % o. al taer. lager hesr. ale porter
and Other similar ferzs1isd li4uors r-ewet o.
Manufactured ard 500 q stored iu uarshO1sa
O. removed Tor co1szr1Ptlon o. sale for every
tarrci c-utsinicr no- z.1re tfa- 81 Faiic1s and
a. . like rlie for anT 1ther qua1tity Or frac-
t-1-al paris q barre with . Discount % 7ts
Essr cent On AL sales ~ collectors % breue--
q t1E stamps pr0vi1si f1- the r.lTr1eut q the
taL An 15ditiQsiai p-5glso Uss adcst. a. fo.-
lows, ~ the couferel-es That the NtcitiO-al
tar imposed ia this section on al fe-menied
lilrDrs stored II Wa-a1Juse. % which q stamp
had been aeaTed shall BE- assessed and collect
e Ia ihe manner EOS provided By law for the
eolleet!oa q taxes nci paid y stamps
Special TzHss from JnIy 1.
First-Bznkers euploying a capital no; eE-
ceefing tzsplo. ESQ. employing a capital eT-
cesding tss 600, for evfrT additional sl.oo. g
surplus incirded ia capital Secoud-Brokers.
80. but any pers1n having paid special tax as
bank shall not Be re- uired TO pay q special
tar a. q broker ThIri-Pawnbrokers sSl
1
| TON house brokers. si0 Sixth-Propriet0rs Of
[ thestsrs. museums and concert halls in cities
[ o. more than : 015 population. Won This does
I nqS inc.ude halls rented or used occasionally
Z for concerts or theatrical representation
SeTenth-Circuses ti11 No special tax paid
I In one state is 10 cTenp: exhibitions from the
| tan IN another state. though but one special
7 tax Is 20 be imposed for exhibitions within any
ons state Eighth-Proprietors or agents OF
| ali other public exhibitions or shows for money.
]
alleys and billiard rooms, s5 Tor caea alley or
I table.
Tobacco, Cigsrs and Cigarettes.
! In lieu of the tax now imposed By law, a tax
Of 70 cents per pound upon all tob=cco and
| snuff. however prepared. manufactured and
/ sold. or removed for consumption or sale; upon
cigars and cigarettes manufactured and sold
| or removed for consumption or sale. the follow
ing taxes to be paid by the manufacturer:
ea - per 600 on cigars Weighing more than
three pounds per 100; 81 per loo on cigars
! weighing not more than three pounds per osD;
s. % per Loo cigarettes weighing more than
| three pounds per l,Oo) and sL5O per 1000 on
cigarettes weighing not more than three pounds
! per 100. provided that In lieu Of the two.
| three and fOur-Ounce packages Of tobacco and
snuff now authorized BY law, there may be
! packages thereof containing one and twO-thirds
ounces, two and one-haif ounces and three and
one-third ounces respectively. and in addition
20 packages now authorized by law there may
be packages containing one ounce Of smoked
tobacco The commissioner Of internal revenue
IS authorized TO employ Internal revenue agents
In addition to the number now authorized
Insurance.
Life-On each policy for each 800, 10 cents on
the amount insured Policies on the industrial
or weekly plan, ~ per cent Of the amount Of
the first weekly premium is charged Frater-
nal beneficiary societies and orders. farmers
purely local cooperative companies employees
relief associations operated on the lodge system.
local cooperative plan. organized and con-
Quoted solely by the members thereof for the
exclusive benefit OF its members and not for
profit are exempted Insurance Gnarine, in
land. freJ-Eaeh policy, one-hah Of one cent
on each dollar. Cooperative and mutual com
panies are exempted Insurance casualty.
fidelity and guarantee Each policy and each
bond for the performance Of the duties OF any
offlce OF position or other obligation of the ma
ture Of indemnity, and each contract or obliga-
tion guaranteeing the validity OF bonds or
other obligations issued by any state. cOun-
", municipal or other public body, or Ruaran-
teeing titles TO real estate or mercantile cred
| its executed or guaranteed by any surety COM
pany upon the amount OF premium charged,
! one half Of one cent on each dollar Lease.
| land OF tenement, not exceeding one year. .
! cents; exceeding one year and not exceeding
three years, 80 cents; exceeding three years.
g. Passage ticket from port in the United
States 10 q foreign port, IL costing not exceed
ldg ESQ sl Costing more than $50 and not ex-
ceefing so, g. Costing more than $50 81
| Proxy for voting at an election for ofhcers OF
any incorporated company. except religioUs,
charitable or literary societies or public Gene
teries 10 cents
Inheritance Tax.
A tax on inherltances and legacies exceeding
$4,000 on personal property IS provided as fol-
lows: on sums between 10000 and rs COZ;
| First---On benefits to the lineal issue or lineal
! ancestors brother or sister OF the deceased. al
I tk.a. asMf- frw n
the descendant Of a brother or sister at the
rate OF sI.5O for every sIO0 Third-To tbs
brother or sister Of the father or mother, OF
the descendant OF a brother or sister Of this
father or mother at the rate OF 20 for every sl00
Fourth--To the brother or sister OF the grand
father or grandmother OF a descendant Of the
, brother or sister Of the grandfather or grand
mother, a for every sI0o Fifth-To those o
any other degree OF collateral consanguinity OF
strangers in blood or a body polite or cOrpOr-
ate, at the rate OF IS for every sl00 All lega-
: cies or property passing by will or by the laws
OF any state or territory TO husband or wife ar'
, exempt from tax or duty. The tax is made 4
lien upon the property until paid, and IL is re.
quired that the tax shall be satisfied before TT,
legatee Is paid
Certificates OF Indebtedness: The secretary
! Of the treasury Is authorized 10 borrow from
time to time at a rate Of interest not exceeding
3 per cent such sums as in his judgment may
be necessary TO meet public expenditures and
: to issue certificates OF indebtedness In demon
, nations Of $50 or some multiple Of that sum
Each certificate is made payable at such tim,
not exceeding one year from the date OF IL
issue, as the secretary OF the treasury MAJ
! prescribe; provided. that the amount OF such
certificates outstanding shall at no time exceed
400 OOl.O)0
Tobacco Dealers and Manufacturer.
Dealers In leaf tobacco whose annual salcs dc
not exceed Sc, 900 pounds each. Cd Those who's,
annual sales exceed 5000 and not 100 20
, | pounds sl2, and II their annual sales eXceel
, / 1000 pounds, s24 Dealers 10 other tObacci
| whose annual sales exceed 5000 pounds sl2
Those selling their own products at tn
: | place OF manufacture are exempted from
= | this tax Manufacturers OF tobacco who's
? / annual sales do not exceed OOyO pounds, =
| Manufacturers whose sales exceed 50, ,Ol
| pounds .r,a not 10000 pounds sl2. Manu-
factuTers who's. sales exceed 10000 pounds
2 | ga Manufgc surers OF cigars whose annuu
, sales DO not exceed ooc cigars, "a Manufac
turers whose sales exceed 100 90 and not 20, 90
4 | cigars, ti2 Manufacturers whose sales cXcee'
, 200 900 cigars. t2L ANY person who carries o
:, the business for which special taxes are i'm
I posed by this act without having paid the spe
2 cial tax is made guilty Of a misdemeanor, IN
5 penalty being a fine OF from 500 70 1900. i'm
I prisonment for not more than six months, q
both
Schedule A-stsmD Taxes.
Bonds. debentures or certificates Of indebted
e ness by any association. company or corpora
< tion. on each ti00 OF lace value or frac.iO
. thereof 5 cents and on each original ISSUE
9 whether on organization or reorganization, q
certificates Of stock by any such association
company or corporation on each slOo 0i fac
= value or fraction thereof. cents. and on a