The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1898-06-10
Hawaiian Resolution Likely to Come Up
i'm Few Days if Revenue BILL is Safe
MR. GrOsvenOr Told Sometime Ago
That He Could Go Ahead With
Hawaiian Resolution if He Wanted to
Take Responsibility of Delaying Reve-
nue. BiIl-OhiO Man Declined.

be paid by the manufacturer: So. 60 per
1000 on cigars weighing more than three
pounds per thousand; 81 per pound on
cigars weighing not more than three
pounds per 1000; $3.50 per 1000 on Gig
arettes weighing more than three pounds
per 1000, and $3.50 per 1000 on Gig arettes
weighing not more th an three pounds per
1000.
The compromise proviso in regard to
the taxation of the stock on hand pro-
vides for tax equal to one half the
difference between the tax already paid
on such articles at the time of removal
from the factory or custom house and
tax levied in this act upon such articles
Dealers having on hand less than 1000
pounds of manufactured tobacco and
600 cigars or cigarettes on the day
succeeding the date of the passage of the
bill, are relieved from the necessity of
paying the tax.
/ Tobacco dealers and manufacturers are
taxed from Sc to s24 according to the
| value of their annual sales.
| Government, state, county and munich
pal bonds are exempted from the law
and also stock and bonds of cooperative
buildings and loan associations whose
stock does not exceed 0,000 and build.
ing and loan associations or companies
/ that make loans only to shareholders
| Section IS provides for a tax stamp on
| telegraph messages, but exempts mes
sages of government officers and employees
on official business and also messages of
telegraph companies over their own lines.
| Uncompounded medicines, or those put
up and sold at retail, on prescription, are
not included in the taxable articles.
Section "a adds the tax on proprietary
articles to the duty on them.
| On every bill of lading. there is to be
attached and cancelled IL cent stamp;
but one bill of lading shall be required
on bundles of newspapers when enclosed
! in one general bundle.
| A tax of cent Is imposed for every
telephone message for which over Is cents
Is charged and on any telegrapbic mes
| sage cent.
| Insurance-Life, on each policy for each
500, 10 cents on the amount insured
Policies on the industrial or weekly plan,
40 per cent of the amount OF the first
| weekly premium. Fraternal beneficiary
societies and orders, farmers local CO.
operative companies, employees relief asso-
Citations, conducted exclusively for the
benefit of members, are exempted.
Insurance, (marine, inland, tre)-Each
Ipolicy. one-haf Of one cent on each dol
lar; cooperative and mutual companies
exempted.
Passage tickets from the United States
to foreign ports, and cost not exceed
ing $50, ST.; costing more than $50 and
not exceeding $50, So; costing more than
$50, $5.
Proxy for voting at election for officers
of incorporated company except religious,
charitable or literary socieuies or pu bile
cemeteries, 10 cents.
| Power of attorney, 20 cents; not to ap-
| ply to collection of eX-soldiers' claims
against the government.
| Schedule B. medical proprietary articles
and preparations where such do not e4-
ceed at retail price cents, one-eighth of
cent tax; if between and 10 cents,
one-fourth of cent; between 10 and Is
is and s5 cents, fiye-eighths of cent for
each additional rs cents, fye-eightbs
| OF q cent tax.
| Every person or company refining pc
troleum or sugar. or controlling any pipe
| line, whose gross annual receipts exceed
$3.50, 900, is to pay annually special ex-
else tax of one-quarter of per cent on the
sum. The penalty is a fine of $1,000 to
$40. .000.
i A stamp tax Of cent is to be collected
on every seat sold in palace or parlor
car and on every berth sold in sleeping
car.
tax on inheritances and legacies ex-
ceeding 10,000 on personal property is
provided ranging from 7o cents to IS on
every $100.
| All legacies or properties Passing by
will or BY law, to husband and wife, are
exempted from tax or duty.
| On sums between 900 and $100, 600,
the rate of tax are so be multiplied by
one and one-half; on those ranging from
500, 600 to $500, 600 the Rates are to be
multiplied by two; on those ranging from
$500. 900 to 81 ,0C0, 900 the rates are to be
multiplied by two and one-half, and
on those above 81 600. 900 the rates are to
be multiplied by three.
The secretary of the treasury is autho-
rized to borrow at not exceeding per
cent interest such suJus es in his judg-
ment may be necessary to meet public ex-
penditures and to issue certificates of in
debtsdness in denominations of $50 OF
some multiple Of that sum. Each certifi.
| cate is made payable at such time not
exceeding one year from date of issne,
as the secretary may prescribe.