Evening journal., 1898-06-18
WAR REVENUE BILL.
a Synopsis Of It's Principal
Features.
WHERE THE SINEWSWILLCOME FROM

Messages, kilograms, Railrosd Tickets,
Patent Medicines, OIL, Sugar, Bills
of Exchange, ClecIss-Bond and
seigniorage Provisions.
The war revenue bill passed by con-
gress after two weeks of continuous de-
bate and after a protracted conference
between committees Of the two branch
es received the presidents signature at
3:05 D. m. on Monday, June l3, and is
now law.
Its chief provisions are as follows:
BEER.
In lieu of the tax of 81 now imposed
by law tax Of 81 is put on all beer.
lager beer. ale, porter and other similar
fermented liquors, brewed or manufac-
tured and sold or stored in warehouse
or removed for consumption or sale
within the United States for every bar
rel containing not more than 81 gallons
and at like rate for any other quanti-
~ or for the fractional parts Of bar
rel authorized and defined by law. Sec
ton 1888 of the revised statutes is
amended accordingly; provided that a
discount Of 7ik per cent shall be allowed
upon all sales by collectors to brewers
of the stamps provided for the payment
of the tax.
SPECIAL TAXES.
Bankers using or employing a capital
not exceeding the sum Of $4,000 must
pay an annual tax of $50. When using
or employing a capital exceeding S25,-
900, for every additional $1,000 in ex-
cess of S25,O00 81, and in estimating
capital surplus must be included.
Any savings bank having no capital
stock and whose business is confined to
receiving deposits and loaning or in
Vesting the same for the benefit of its
.depositors and which does no other
business Of banking must not be subject
to this tax.
Brokers are to be taxed $50 Every
person, firm or company whose business
1T is to negotiate purchases or sales of
stocks, bonds, exchange, bullion, coined
money, bank note, promssory notes OF
other securities for themselves or 9TH
fers are regarded as a broker; provided
that any person having paid the special
tax as a banker is not required to pay
the special tax as a broker
pawnbrokers and commercial brokers
are to pay $40.
Custom house brokers must pay $40.
Proprietors of theaters. museums and
concert halls in cities having more than
preceding United States census must
pay $780,
The proprietor or proprietors Of cir
cuses must pay 500.
Proprietors or agents Of all other pub
bile exhibitions must pay $40.
Proprietors of bowling alleys ara bill
lizard rooms are to pay s. for each alley
or table.
TOBACCO. CIGARS, ETC.
A tax of u cents a pound is imposed
on all tobacco and snuff. The tax or
cigars is graded: $3.50 a thousand on al
cigars Weighing more than three
pounds and 81 a pound for all cigar.
Weighing less than three pounds ,
thousand. The tax on cigarettes weigh
ing over three pounds a thousand is tn
same as on cigars. but cigarettes weigh
ing under three pounds a thousanS
must pay Sl.50.
The law also provides for smaller
packages, and tobacco removed from
the factory or custom house before thi
passage of the act bearing tax stamps
must pay a tax equal to one-half tn
difference between the tax already pai'
and the tax levied in this act upoi
such articles.
The following special taxes are i'm
posed on dealers and manufacturers:
Dealers in leaf tobacco whose annua
sales do not exceed $4,000 pounds mus
each pay an annual tax of Sc. Dealer
in leaf tobacco whose annual sales eX
ceed' $4,000 and do not exceed 10000
pounds shall pay S12 and if their annua
sales exceed 100000 pounds must pa,
S24. Dealers in tobacco whose annua
sales exceed $4,000 pounds must eacl
pay S12. Manufacturers Of tobacc
whose annual sales do not exceed so,
600 pounds must each pay S6. Manufac
turers Of. tobacco whose annual sale
exceed $4,000 and do not exceed 100. 90
poGnds must each pay Sl2. Manufactur
ers Of tobacco whose annual sales ex
ceed 100 900 pounds must each pay S2'
Manufacturers of cigars whose annua
sales do not exceed 100000 cigars mus
each pay Sc. Manufacturers of cigar
whose annual sales exceed 100000 an
do not exceed 100000 cigars must eac
pay $40. Manufacturers of cigars who's
annual sales exceed 200 900 cigars mus
each pay S24.
Violation OF these provisions is to
deemed a misdemeanor and to be pur
ishable by a fine Of not more than So
or by Imprisonment for not more tha
six months, or both.
The tobacco sections go. into effe'
July l.
STAMP TAXES.
The articles which must pay stan
tax are included in two schedule
Schedule A. covering bonds. debenture
etc. is as follows:
Bonds, debentures or certificates
indebtedness issued after the 1st day
July, 1898, by any association, compai
or corporation, on each 500 Of face va
ue or fraction thereof, cents. and
each original issue. whether on organ
zation or reorganization, OF certificat
Of stock by any such association. cor
pany or corporation, on each 500
face value or fraction thereof. cent
and on all sales or agreement to sell
memoranda of sales or deliveries
transfers OF shares or certificates
stock in any association, company
corporation, whether made upon
shown by the books of the associate
company or corporation, or by any a
signment in blank, or by any deliver
or by any paper or agreement or meI
"a.