Gloucester County Democrat. (Woodbury, N.J.) 1878-1932, 1898-06-16
THE WAR REVENUE BILL
Which Has Just Passed Both Houses
Of Congress.
TIE COMING ISSUE OF BONDS.

ized to Borrow 500, 900, ,OOO-Sil-
Coinage of at Least $l,50O,OOO
Monthly-OiI, sugar and Tea Taxed.
Washington, June 1.-THE war rev.
enue bill which has just passed both
branches provides that the act shall
take effect on the date of its passage,
except as otherwise specially provided
for.
The following is an abstract of the
measure:
tax of 81 on all beer, lager beer,
ale, porter and other similar fermented
liquors, brewed or manufactured and
sold or stored in warehouse or re-
moved for consumption or sale. for
every barrel containing not more than
81 gallons, and at like rate for any
other quantity or fractional parts of a
barrel, with a discount of 71k per cent
on all sales by collectors to brewers of
the stamps provided for the payment
of the tax.
An additional proviso was added. as
follows, by the conference: That the
additional tax imposed in this section
on all fermented liquors stored in ware
house, to which a stamp had been at
fixed, shall be assessed and collected
in the manner now provided by law for
the collection of taxes not paid by
stamps"
The following special taxes, to be-
come effective July 1. were agreed
upon:
Bankers employing a capital not ex-
ital. Brokers. $50; pawnbrokers, $40;
commercial brokers, $20 custom house
brokers, $40; proprietors of theaters,
museums and concert halls; in cities of
more than $4,000 population, 800; cir
euses, $100; all other public exhibitions
or shows for money not enumerated
here, $40: bowling alleys and billiard
rooms, IS for each alley or table.
In lieu of the tax now imposed by
law, tax of II cents per pound upon
all tobacco and snuff, however pre-
pared, manufactured, sold OF removed
for consumption or sale; upon cigars
and cigarettes manufactured and sold,
or removed for consumption or sale.
the following taxes. to be paid by the
manufacturer; $3.50 per thousand on
cigars weighing more than three
pounds per thousand; 81 per thousand
on cigars weighing not more than three
sand on cigarettes weighing more than
three pounds per thousand, and $1.50
per thousand on cigarettes weighing
not more than three pounds per thou
sand There is a compromise proviso
in regard to the taxation of the stock
on hand, which exempts less than 1000
pounds of manufactured tobacco and
zoo, 900 cigars or cigarettes.
Dealers in leaf tobacco, whose actual
sales do not exceed $4,000 pounds each.
$6. Those whose annual sales exceed
$4,000 and not 100000 pounds, $12. and if
their annual sales exceed 100, ,000pounds,
$24. Dealers in other tobacco whose an
nual sales exceed $4,000 pounds. $12
Those selling their own product at the
place of manufacture are exempted
from this tax. Manufacturers of to-
bacco whose annual sales do not ex-
ceed $4,000, $6. Manufacturers whose
sales exceed $4,000 and not 100000
pounds $12. Manufacturers whose
sales exceed 100000 pounds, $24.
Manufacturers of cigars whose
annual sales do not exceed
100000 cigars, S. Manufacturers whose
sales exceed 100000 and not 100000 ci-
gars, $12. Manufacturers whose sales
exceed 100000 cigars. $24.
Sections and s provide for the is
suance of tax stamps and penalties for
,,,+ s,ta+o oo,,,,t,,
- ~
s.taI, - to,-5.. ;s..,,od ~,
a.;ns % h,1;,d;na 1si and Ioan ssoo;, H.,
,,,hoso oa,s;ta1 s+ool, doos r,ot oal5
e1n ooo a,d h,,;I,si,,or a1,5 lo.,,, ,ss.oo;r,
+;o,,s se,,,,,,,1,ias. +ho+ ,aI,a io.,,,s
o,,I,, 70 +ho;r shoreboIders
pords dobontures ~. cartificates os
;ndeh+edness hv -anv association com
nanv or cornoration ON each hundred
6olIors Of faco vaI,,a or fraction tba,.s
- oon+s or on eacb ORIGINAL i,s,,e,
whether on organization or certificates
of stocl, hv any such association co,,,
49,, ~, ooy,orstio,, ~, oacb S1nn of fooo
,,aI,1a -, fractiou +bereof < cents go
-, 81, saIae or agreon,onts ~ col, -.
Of ssles ~. deliva,,io, -,
...s..s,eas- - sha,.a. -, oa,.tieao4o 80
s4oa,' - aA - oaob s,oo of faoo I,o,,,o ~ y.
So sSs.4i.,, . oo,1ts IN 1850 Of s.,a 1,,,,oDa
80 4,,,.,eo,, e. sr@,s1,, -.
ta1,s 49, +tn
- ~ -. S'>s.1l
el1oii - p'o .....,,s;.a s',lu ~.
"Aieie .iie ,.''s ...' -, ~
= "lis1ei e. -
pleoeu upon s"e ~. 0-.a - o''os1
u al ds ,eetlens ~ sell % .i,e
.Faiisiei 10 -, -. 'He ,, oe, IN
cate assiS Ieu ~ Jain, ''Ae elian pe
maze anu ueiiVeieu ny 'ne seiiei 70 the
puyer nii, " nieiiloi D' s',iu uni VI sucll
sale, 70 Wnieh 'Ae stamp sii"ii pe "iiiAeu.
Upon each saie or asreeihelit TO sen
any prooucts Oh Ilerchaholse at any eX
change' Ooaro Oh 'raoe OF other SIM
llar place, elther LOT present OF future
delivery, Tor each $lOO In Vaiue OF SAID
| sale or agreement OF SAFE OF agreement
to sell, l cent ana Ior each aooltiona'
800 or 1ractional part thereoI IN excess
OF 500, CEN.
Bank check' oraft OF certlhcate OF
deposit not Drawing interest OF oruel
Tor the payment ol any sum Oh money
ofaWh upon or issueo oy any oanK,
trust company OF any person OF per
sons, eolIipdii,es VI eol POI ATOMS cents
bilis VI eAondnse Nillalu'' VI die' GER
lii.cd'e VI ueposi. ~ ilieeiese' ot
oiuci ~. M ps.' .a.e. .,'l @ny sum u u
.,lols oeel 80 ..e. e,l o. sle4i. u on
%eu ~ ',.s .s - - eNoep,
$50 ~ ,.s.,,, - ~, 80. s...u
-. - s-.aaosi,.- e1oo . o g : l,' Se'.,,
odd;tional Sim or fract;onsI rsrt t,,ara'
os =, evcoss, of s1oo > cents
p;i,s ~ excbsnga fforaion, or ,..ta,
~ credit - drawn sineJv fo,. s,,n, no,
| avceedine SIM CENTS ana for each
| s1OO or fractional mart thereof in av.