Rocky Ford enterprise., 1898-06-16
VARTAXESCONIE NOW
|ussysoDY WILL HAVE TO PAY
,nnr LIST of Items-Bonds to tho
Amount of e5OO,OOO,OOO May He Is
.ued-Sllvcr Bullion to Be Coined.

Amount of e5OO,OOO,OOO Mny He Is.
sued-SIlvcr bullion to Be Coined.
washington, June 0.-The war reve-
ne bill as agreed upon by the confer
,ns of the House and Senate will no
oubt become law. The bill provides
inf the act shall take effect on the
nv succeeding the date of Its passage,
Scept us otherwise specially provided
pr. The following is an abstract of
ne provisions Of the bill:
tax of 50 on all beer, ale, porter
nd other similar fermented liquors,
pr every barrel containing not more
han thirty-one gallons; and at like
HE for any other quantity or frac-
snal part of barrel.
Special Tnxcs From July 1.
First-Bankers employing n capital
ot exceeding S25 900, $50; employing q
hpital exceeding $50, 900, for every ad-
itIonal $1,000, So, surplus included in
npital. Savings banks, having no
apital stock and whose business Is
bnfined to receiving deposits and loan
he or investing the same for the bene-
of their depositors and which do no
tier business of banking are not sub
ect to this tax.
Second-Brokers, $50, but any person
aylng paid the special tax as bank
lall not be required to pay the spe-
al tax as broker.
Thirl-PawnbroBcrs $50.
Fourth-Commercia brokers, $50.
Fifth-Custom house brokers, SO.
Siyth-Proprletor of theaters, mu-
Gums and concert halls, in cities of
bore than 25,OOO population, 500. This
oes not include halls rented or used
OCCASIONALLY for concerts or theatrical
representations.
Seventh-Ci 500, to be paid in
hch state in which exhibitions are
wen.
Eighth-Proprietors or agents Of all
her public exhibitions or shows for
(oney, not enumerated here, $40.
Nlnih-Bowling alleys and billiard
boms, So for each alley or table.
Tobacco and Cigars.
In lieu Of the tax now imposed by
wv, a tax Of twelve cents per pound
pom all tobacco and snuff, however
tepared; upon cigars and cigarettes
manufactured and sold, the following
xes to be paid by the manufacturer:
One dollar per thousand on cigars
dghing not more than three pounds
pr thousand; $3.50 per thousand on
garettes weighing more than three
bunds per thousand, and S1.50 per
ousand on cigarettes weighing not
ore than three pounds per thousand.
The compromise proviso in regard to
e taxation OF the stock on hand pro-
des for a tax equal to one-half the
ference between the tax already paid
such articles ut the time of removal
|om the factory or custom house, and
e tax levied in this act upon such
rticles. Dealers having on hand less
IAN 1000 pounds of manufactured to-
bcco and cigars or cigarettes on the
by succeeding the date Of the passage
the bill are relieved from the neces-
~ of making returns and thus re-
wed from the necessity OF paying the
x.
Dealers in leaf tobacco whose an
al sales do not exceed 10000 pounds,
ch SO; those whose annual sales eX-
I'd 10000 and not 100000 pounds.
2 and. II their annual sales exceed
1000 pounds, S24.
Dealers in other tobaccos whose an
bal sales exceed $4,000 pounds, $40.
Those selling their own products at
e place OF manufacture nrc exempted
fom this tax.
Manufacturers OF tobacco whose
les do not exceed $4,000 pounds, SC.
Manufacturers whose sales exceed
1000 pounds and not 100000 pounds.
.; manufacturers whose siles ex-
red 100000 pounds, S24. Manufac-
prers Of cigars whose sales do not ex-
red 100000 cigars, Sc: manufacturers
hose sales exceed 100000 and not
10000 cigars, S12: manufacturers
hose sales exceed 100000 cigars, S2i.
Insurance.
Life-On each policy, for each 500.
cents on the amounts insured. On
blicies OF the Industrial or weekly
nm, 10 per cent. OF the amount of
he first weekly premium Is charged.
raternnl, beneficiary societies and
lrcly local cooperative companies.
nployes' relief associations, operated
the lodge system or local co-opera-
We plan, organized and conducted
tlcly by the members thereof. for the
Sclusive benefit of its members and
nt for profit" are exempted.
Insurance CAIarinc, Inland. Fire.
lach policy one.lalf OF 1 cent on each
Pillar. Cooperative and mutual com
1nics are exempted.
N'"S"a'ss A"''s 49,"
unrantce)-Each policy and each
ond for the performance Of the duties
any officer or position or other OBJ
sntion of the nature Of indemnity,
(ld each contract or obligation guar
fltceing the validity of bonds or 9TH
obligations issued by any state,
bunty, municipal or other public body
guaranteeing titles to real estate or
(ercantilc credits, guaranteed by any
irety company upon the amount of
rcmium charged, one-half Of ! cent
each dollar.
Schedule a." Stamp Tax.
Bonds. deebcnturcs or certificates OF
debtedncss by any association. COM
flny or corporation. OH each hundred
'llnrs of face valuation or fraction
crcof, . cents. and on each original
sue. whether an organization or re-
ganizntion, or certificates Of stock of
ly such association, company or cor