The Iola register. [volume] (Iola, Allen County, Kansas) 1875-1902, 1898-06-17
THE WAR TAX BILL.
The President Attaches His Sigma
ture and 1t Becomes Law.
HOW WAR FUNDS WILL BE RAISED.
The Bond Issue to lie offered az u Popular
Loan The Provision In Regard to
the Coinage of the silver
bullion.


the Coinage of the silver
bullion.
WASHINGTON, June lathe speaker
of the house and vice president of
the senate signed the war revenue
bill yesterday and IL then went to the
white house and the president attached
his signature and made it law. The
bill is as follows:
Tax on Beer, Fermented Liquors, Etc.
A tax of 90 on all beer. lager beer ale, porter
and other similar fermented liquors, brewed or
manufactured, and sold or stored In warehouse,
or removed for consumption sale for every
barrel containing not more than 81 gallons, and
at a like rate for any other quantity or frac-
| tonal parts of u barrel with a discount OF ~
per cent on all sales by collectors to brewers
of the stamps provided for the payment Of the
tax.
Special Taxes from July L.
First-Bankers employing a capital not ex-
cecdng S25,O0O $50 employing q capital ex-
ceeding s25. 600 for every additional Fl 600 g.
surplus included In capital Second-Brokers.
S5O, but any person having paid a special tax as
a bank shall not be required to pay a special
tax as broker hird-Pawnbrokers 500
/ Fourth-Commercial brokers' f2O Fifth-Cus-
tom house brokers. SO Sixth-Proprietor OF
| theatcrs, museums and concert halls in cities
of more than 25 900 population, 800 This does
not include halls rented or used occasionally
for concerts or theatrical representations
/ Seventh-Circuscs. 500 No special tax paid
in one state is to exempt exhibitions from the
tax in another state. though but one special
tax Is to be imposed for exhibitions within any
one state. neutrality-suspicious. or agents OF
all other public exhibitions or shows for money
not enumerated here SO. Ninth Bowling
alleys and billiard rooms IS for each alley or
table.
Tobacco, Cigars and Cigarettes.
In lieu of the tax now imposed by law, a tax
OF T. cents per pound upon all tobacco and
snun 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 manufacturers:
81 go per l,OOO on cigars weighing more than
three pounds per 1000; 81 per 1000 on cigars
Weighing not more than three pounds per 900 :
| $500 per 1000 cigarettes weiRhn, more than
three pounds per 1000, and SL50 per 1000 on
! cigarettes weighing not more than three pounds
| per 1000; provided. that In lieu Of the two
! three and fOur-ouncc packages OF tobacco and
snun now authorized by law. there may be
/ packages thereof containing one and two-thirds
] ounces, two and one half ounces, and three and
one-thrd ounces respectively, and In addition
TO packages now authorized by law there may
! be packages containing one ounce Of smoked
tobacco.
Insurance.
! Life-On each policy for each 900, 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 marine in
| land. tre)-Each policy, one-half OF one cent
| on each dollar Cooperative md mutual COM
/ panies are exempted. Insurance Casualty
fidelity and guaranteel-Each policy and each
| bond for the performance OF the duties OF any
ONCE or position or other obligation OF the ma
lture OF indemnity, and each contract or obliga-
i ton guaranteeing the validity OF bonds or
other obligations issued by any state coun-
| ~, municipal or other public body. or guaran-
! teeing titles to real estate or mercantile cred
! It's, executed or guaranteed by any surety COM
pany upon the amount of premium charged
one-half Of one cent on each dollar Lease
| land or tenement, not exceeding one year IS
cents exceeding one year and not exceeding
| three years, 30 cents; exceeding tLree years
! a. Passage ticket from port In the United
/ States to a foreign port, II costing not exceed
! idg 800, Il. Costing more than $50 and not ex-
! ceeding S50 g. Costing more than $50. B.
! Proxy for voting at an election for officers OF
any Incorporated company, except religious
Charitable or literary societies or public ceme-
teriHs, 10 cents
Inheritance Tax.
tax on inheritanceS and legacies exceeding
| $4,000 on personal property Is provided as fol-
| lows On sums between 10000 and s25 COO
/ First-On benefits to the lineal issue or lineal
ancestors, brother or sister OF the deceased at
the rate Of Is cents for every siO0 Second-To
the descendant Of "a brother or sister at the
rate OF sl.5O for every 800 Third-To the
brother or sister Of the father or mother, or
! the descendant OF u brother or sister OF the
father or mother nj the rate of 70 for every 300
| 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 roo Fifth-To those of
| any other degree OF collateral consanguinity or
strangers in blood or u body polite or corpor-
ate, ut the rate Of a. for every sl0O, All Legal
cies or property passing by will or by the laws
Of any state or territory TO husband or wife are
| exempt from tax or duty.
Tobacco Dealers and Manufacturers.
Dealers in leaf tobacco whose annual sales do
not exceed 10000 pounds each, 50 Those whose
annual sales exceed $1,000 and not 100 900
pounds sl2, and II their annual sales exceed
100000 pounds, S94 Dealers in other tobacco
whose annual sales exceed 10000 pounds, Slo
Those selling their own products at the
place Of manufacture are exempted from
this tax Manufacturers of tobacco whose
annual sales do not exceed $1,000 pounds 81
Manufacturers whose sales exceed so 900
pounds and not 100000 pounds, Sl2. Manu-
facturers whose sales exceed 100000 pounds
ga Manufacturers OF cigars whose annual
sales do not exceed 10000 cigars, 10 Manufac-
turers whose sales exceed 100 COO and not 200 900
cigars, ne Manufacturers whose sales exceed
100000 cigars. aga
Schedule A-stamp Taxes.
Bonds, debentures certificates OF indebted
ness by any association, company or corpora
ton, on each tiOO of face value or fraction
thereof, 5 cents and on each original issue,
whether on organization or reorganization or
certificates Of stock by any such association,
company or corporation, on each 800 OF face
value or fraction thereof, cents and on oil
sales, or agreements TO sell memoranda OF
sales, or deliveries or transfers OF shares or
certificates OF stock, on each 800 OF face value
or fraction, cents; in case OF sale where the
evidence OF transfer Is shown only by the books
OF the company, the stamp shall be placed upon
such books, and where the change OF owner
ship is by transference the stamp shall be
placed upon the certificates, and in cases Of an
agreement to sell or where the transfer Is by
delivery OF the certificate assigned in blank
there Shull be made and delivered nv the