The San Francisco call., 1898-04-24
DINCLEY' WAR REVENUE BILL Will Raise About One Hundred Million
 Dollars. Provision Made for a Popular Loan by the Issuance of
 Bonds. Democrats May Oppose the Measure Because They Were Not
 Consulted.
Special Dispatch to The Call.
Call Office, Riggs House,

Washington, April 23.
 Chairman Dingley of the Ways and Means Committee this afternoon intro duced in the House the war revenue measure which the Republican mem bers of the Ways and Means Commit tee have prepared. It is the intention of Chairnsln Dingley to press the bill on Monday, and he hopes to have it through the House before adjourning on Tuesday.
 It Is probable that this programme will meet with opposition from the Democrats, who have not been con- suited in its preparation and who will not have an opportunity to see it until it Is presented to the full committee on Monday morning at 10 o'clock. They are inclined to think that they have been most unfairly treated. As 1t is distinctly a war measure, in which they are expected to acQuiesce without op- position, they believe they should have been consulted In it's preparation. The Democrats have already decided to of fer an income tax amendment
 Chairman Dingley estimates that the measure, as framed will raise between $9O, ,OOO, GOO and $10O, 900. Tea and coffee, railroad tickets and petroleum, all of which were considered at differ ent times as subjects for taxation are not touched in the bill. The revenue to be derived is distributed as follows: Fermented liquors, $35,000,000; tobacco, $15.000 GOO; cigars, $5,00O, 900; tobacco H. censes, $5,000O00; stamp tax on docu- ments telegrams, etc, $30, 900, 900; ton- mage tax, $2,500,00O.
 The amount to be raised by the stamp tax on wines, mineral water, chewing gum, etc, has not been estl- mated.
 Certificates of deposit in bank or trust companies, cents for sums not exceed ing Sl00 5 cents above that amount. Ger tificates of other descriptions, 10 cents; charter contracts for ship, vessel or steamer which does not exceed 300 tons, $4; or between 300 and 500 tons. $6 ex- ceeding 600 tons, $10; memorandum of sale of goods, stocks. bonds. real estate or property of any kind issued by brokers, tion exceeds $100 and does not exceed $500, 50 cents: between $500 and 5000, $l: be- tween 5000 and $25OO, S2; between S5O0O and SIG, 900, $l0; between $l0,00O and S2O,0OO, S20; for each additional Sl0 900, S10.
 Photographic messages, except press dis patches, l cent on messages below the charge of 20 cents and 5 cents where the charge is above 20 cents.
 On the entry of goods of custom-houses for consumption, not exceeding $lOO in value, 20 cents; between S10O and $500, 40 cents; exceeding $500, $1; entry for with drawal of goods from bonded warehouses, 50 cents.
 Life insurance policies, not including ac- cident policies, for S1000 20 cents;- marine and fire insurance, 25 cents; leases for a period not exceeding three years, 50 cents; exceeding that period $1.
 Clearance papers for cargo destined for foreign port, if the tonnage of the ship does not exceed 300 tons, $l; between 300 and 500 tons, s; exceeding 600 tonS $o.
 Mortgages not exceeding $500, 50 cents; between $500 and $1000 $1; between $1GOO and s25Oo, $2 between $25OO $2 and 5000, $5; s10,o00 and $2OOOO, $15; for each additional $10 ,000 $10.
 Passage ticket for foreign port, if less than $50, S1; exceeding $50, 5.
 Power of attorney. p cents; power of attorney to convey real estate or rent or lease the same, ST. probate of will or let ters of administration where the estate s250O and S5000, $1; between S500O and $20,- 900, g; between $20,G00 and $50000, $5 be- tween S5O,0OO and SlOO,O0O,. $10; between ditional s50,0O0, $1O. Protest against any note, check, acceptance, etc., 25 cents; warehouse receipts for goods merchant disc, etc, held in storage, p cents.
 The bill also imposes a system of ton mage taxes of s cents per ton, not to ex- ceed 96 cents per ton per year, upon all vessels from foreign ports, and from the propriated for the marine hospital ser vice.
 It Is also provided that in addition to the quantity of tobacco and snuff in packages, now authorized by the law. there may be package of smoking to- bacco containing one and three-fourths ounces; and in addition to the number now authorized by law in packages of cigarettes there may be a package con taining eight and sixteen cigarettes each.
 The loan provisions of the bill are as follows:
 ''The Secretary of the Treasury is here by authorized to borrow on the credit of theNUnited States sum of $500 900 900, or so much thereof as may be necessary. and to prepare and issue therefor at not less than par coupon or registered bonds of the United States in such form as he may may prescribe. and in denominations of S5O, or some multiple of that sum, re- deemable in coin at the pleasure of the United States after ten years from the date of their issue and payable twenty est payable quarterly in coin, at the rate of per cent per annum; and the bonds herein authorized shall be exempt from all taxes or duties of the United States as well as from taxation in any form by or under State, municipal or local author ity; provided, that the bonds authorized by this section shall be first offered as popular loan under such regulations to be prescribed by the Secretary of the Treasury as will give opportunity to the citizens of the United States to partici- pate in the subscriptions to such loans; and sum not exceeding one-half of 1 per cent of the amount of the bords herein authorized is hereby appropriated to pay the expense of preparing. adver- Using, issuing and disposing of the same
 That the Secretary of the Treasury is authorized to borrow from time to time at the market rate of interest, not exceed | ing per cent per annum, such sum or sums as. in his judgment, may be neces- sary to meet public expenditures and to issue therefor certificates of indebtedness in such form as he may prescribe and in denominations of $50 or some multiple of | that sum. and each certificate so issued | shall be payable with the interest accrued thereon at such time, not exceeding one year from the date of its issue, as the | Secretary of the Treasury may prescribe: | providing, that the amount of such certifi- | cates outstanding shall at no time exceed one hundred million dollars; and the pro- visions of existing law respecting coun- | terfeiting and other fraudulent practices | are hereby extended to the bonds and | certificates of indebtedness authorized by |