The L'Anse sentinel., 1898-06-18
HOUSE AGREES TO 1T.
Adopts the Compromise War Rev
enue Measure.
The Bill Almost Certain to Become a
Law-An Abstract of Its Most
Important Features of
Taxation.

Washington, June l0.-The houSe agreed
TO the conference report on the war rev.
enue bill. Vote, 154 to l07 The republicans
who voted against the adoption of the
conference report on the war revenue bill
are: Brewster, Henry (Conn), Hill. Lit
tauer, McIntre. The democrats who
voted for the report were: Cummings.
briggs, Fitzgerald. McAleer. Mcclellan.
Abstract OF the Bill.
The war revenue bill as agreed upon by
the conferees of the house and senate will
no doubt become law. The following is an
abstract of the most important provisions
OF the bill, giving items and rates. and con-
tains nearly everything save details of
administrative features. 1t provides that
the act shall take effect on the day sue
ceeding the date of It's passage, except as
otherwise specially provided for:
tax OF two dollars on all beer, lager
mented liquors, brewed or manufactured
and sold or stored in warehouse, or re-
barrel containng not more % sihi than o 81 ey sai
Ions and at a like rate for any other guam
tity or fractional parts of a barrel. with a
4 lectors to brewers of the stamps provided
Tor the payment of the tax.
Special Taxes from July I.
!. Bankers employing. a capital not ex-
ceeding S25,000, $50; employing a capital ex-
ceeding $4,000, for every additional thou
sand dollars, 81. surplus included in capt
tai. The amount of such annual tax to be
surplus for the preceding fiscal year. Saw
ings banks having no capital stock. and
whose business is confined to receiving
deposits and loaning or investing the same
for the benefit of their depositors. and
which do no other business Of banking are
not subject to this tax.
2. Brokers. $50. but any person having
paid the special taxes as a banker shall not
be required to pay the special taxSas a
broker.
g. Pawnbrokers, $50.
4. Commercial brokers' $50.
g. Custom house brokers, $40.
g. Proprietors of theaters, museums and
concert halls IN cities of more than 25,C0O
halls rented or used occasionally for con-
certs or theatrical representations.
T. Circuses, 800. 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.
S. Proprietors or agents OF all other public
exhibitions or shows for money not emu
merated here, $40.
O. Bowling alleys and billiard rooms. IS
for each alley or table.
Tobacco, Cigars, Cigarettes and Snuff.
In lieu of the tax now imposed by law, a
tax of u cents per pound upon all tobacco
and SNUFF, however prepared, manufac-
tured and sold. or removed for consump-
ton or sale; upon cigars and cigarettes
manufactured and sold. or removed for
consumpt ton or sale. the following taxes to
be paid by the manufactures, s.. 60 per thou
sand on cigars weighing more than three
pounds per thousand; 81 per thousand on
cigars weighing not more than 3 pounds
per thousand; $500 per thousand on Gig
arettes Weighing more than pounds per
thousand, and N.50 per thousand on Gig
arettes weighing not more than 3 pounds
two, three and four ounce packages of to-
bacco and snuff now authorized by law,
! 20 ounces, ok ounces and l-5 ounces re-
spectively, and in addition to packages now
authorized by law there may be packages
containing one ounce of smoking tobacco.
LIFE-On each policy for each 800, 10
cents on the amount insured. Policies on
the industrial or weekly plan, 40 per cent.
Of the amour. Of the first weekly premium
and orders. farmers purely local cooper
ative companies. employees relief associa-
Uons operated on the lodge system or local
cooperative plan, "orga nized and conducted
solely by the members thereof. for the ex-
elusive benefit OF its members and not for
MARINE, INLAND, FIRE-on each pol
icy one-half OF one cent on each dollar.
Cooperative and mutual companies are ex-
casualty. FIDELITY, GUARANTEE
Each policy and each bond for the per-
formance of the duties OF any office or posi-
tion or other obligation of the nature of in
demnity, and each contract or obligation
guaranteeing the validity of bonds or other
obligations issued by any state, county.
municipal or other public body, or guar
anteeIng titles to real estate or mercan-
tile credits executed or guarantees by any
MUM charged, one-half or one cent on each
Proprietary Articles.
Medicinal proprietary articles and prep
arations: Upon every packet, box. bottle,
pot or phial or other Enclosure. containing
any pills. powders. tinctures. troches or
dynes, tonics, plasters. linaments salves,
ointments, pastes. drops, waters Except
natural spring Wa.ers = ana earbonated ,,,s ma ma.
and all medicinal preparations or compo-
sitions whatsoever, made and sold, or re-
moved for sale by any person wherein the
person making or preparing the same has
or claims to have any private formula or
any exclusive right where such packet,
etc, does not exceed at the retail price five
cents one eighth of one cent tax: when the
retail price Is between and 10 cents, one
fourth of one cent; between 10 and Is cents.
three-eighths of a cent; between Is and 25
cents, five-eighths OF cent and for each
additional % cents in value, fve-eighths
of a cent tax. Perfumery and cosmetics and
other similar articles used as applications
to the hair mouth or skin or otherwise
used, where the packet. box, bottle, ETC..
one-eighth of one cent tax: when the price
Is between and 10 cents, one-quarter OF a
cent; between 10 and 10 cents, three-e,ghths
OF a cent: between Is and 25 cents, five
eighths of cent: each additional 25 cents
in value. five-eighths OF a cent tax. Chew
Ing eaSh pssSRrse Of not than
additional dollar cents. Sparkling or
other wines, when bottled for sale. upon
edCn DOttie containing one pint less, i
cent: more than pint. cents.
Inheritance Tax.
A tax on inheritances and legacies ex-
ceedlng $4,000 In personal property is pro-
vided as follows: On sums between SlO-
900 and $25, ,0O0-first, on benefits to the lineal
issue or lineal ancestor. brother or sister of
the deceased, at the rate of Is cents for
every 500; second, to the descendant OF
brother or sister, at the rate OF $1.50 for
every 500; third, to the brother or sister of
the father or mother. or a descendant of
brother or sister of the father or mother
at the rate of S3 for every 500; fourth, to
the brother or sister Of the grandfather or
grandmother. or a descendant of the broth
er or sister Of the grandfather or grand
mother. 81 for every 500; fifth, to those of
any other degree Of collateral consanguin-
lty or strangers in blood or body polite
or corporate, at the rate of s5 for every
500. All legacies or property passing by
will, or by the laws OF any state or terri
tory, to husband or wife are exempted from
tax or duty On sums ranging between
$4,000 and 100000, the rates of tax are tc
be multiplied by III; on those ranging from
100000 to $780, 600, the rates are to be null
tiplied by 2; on those ranging from $500. 900
10 S1,000,000, the rates are to be multiplied
by 2k, and on those above 100000, the
rates are to be multiplied by 8. The tax Is
made a lien upon the property until paid.
and II is required that the tax shall be sa tis-
N. "a.