Pullman herald. [volume] (Pullman, W.T. [Wash.]) 1888-1989, 1898-06-18
WAR REVENUE IS IN FORCE
BILL SIGNED BY PRESIDENT
u,nI.ers. Brokers and Amusement
Places Expected To GIVE Up h"rHe
Amounts-Mnny stamps VIII he
called For-Abstract of the Meas
urP.


it at 3 p. m.
Immediately upon receiving information
from the White house that the bill had
been signed by the president, Secretary
GAGE issued Il circular explaining to the
public the proposed bond issue. The CIR
cular invites subscriptions for two nun
bred millions of 3 per cent bonds. Sub
scriptions will be received at par for
period of 3 days from this date. Bonds
will be issued in the coupon and regis
tered form, coupon denominations rang
inc from $40 to $1,000, and registered
bond, from $40 to $4,000.
The following is an abstract OF the
provisions of the bill
A tax of - on all beer, ale porter, and
other similar fermented liquors for every
barrel containing not more than l3 gal
Ions, and at a like rate for any other
quantity or fractional part of barrel.
Special Taxes From July 1.
|. Bankers employing a capital not
exceeding $4,000 $50 employing CAPT.
tai exceeding $4,000 for every addition
al $1,000, 81; surplus included as capital
Savings banks having no capital stock
and whose business Is confined to recely-
ing deposits and loaning or investing the
same for the benefit of their deposltors
and which do no other business or bank
inc are not subject to this tax.
,. Brokers, $50; but any person having
paid the special tax as bank shall not
be required to pay the special tax as
broker.
3. PaNnbrokers, $40
4. Commercial brokers, $50.
s. Custom house brokers, $40.
g. Propretors of theaters, museums
and concert halls in cities of more than
25 200 population, 500 This does not in
clude halls rented or used occasionally
for concerts or theatrical representations.
I. Circuses, 500. to be paid in each
state in which exhibitions are given.
s. Propretors or agents of all public
exhibitions or shows for money not emu
merated here. $40.
9. Bowling alleys and billiard rooms,
S. for each table or alley.
Tobacco Tax.
Tobaccos cigars, cigarettes and snuff.
In lieu of tax now imposed by law,
tax of lc per ounce upon all tobacco and
cigarettes manufactured and sold the
following taxes to be paid by the manu-
facturcr; So 60 per 1000 ON cigars weigh
ing more than three pounds per 1000: 81
per 1000 cigars weighing not more than 3
pounds per 1000; $500 per 1000 on cigar
cites weighing not more than three
pounds per 1000, and $50 per 1000 ON
cigarettes weighing not more than three
pounds per 1000.
The compromise proysio in regard to
the tax on stock on hand provides for a
tax equal to one-half the difference be
tween the tax already paid on such ar
tces at the time of removal from the
factory or custom house and the tax lev
led in this act upon such articles. Deal
ers having on hand less than 1000 pounds
of manufactured tobacco and 2J.00O cigar
cites or cigars on the day succeeding the
date of the passage of the bill are re-
leyed from the necessity of making re
turns and thus relieved from the neces
sity of paying the tax.
Tobacco Dealers and Manufacturers.
Dealers in leaf tobacco whose annual
sales do not exceed 10000 pounds each, ST.
Those whose annual sales exceed 10000
and not 100000 pounds, $l2, and if their
annual sales exceed 100000 pounds, $24.
Dealers in other tobacco, whose annual
sales exceed $4,000 pounds, So. Those
selling their own products at the place
Of manufactured oil f,np, th;.
tax.
Manufacturers of tobacco whose an
nual sales do not exceed 10000 pounds, So.
Manufacturers whose sales exceed 10000
and not 100000 pounds, Sl2, Manufac-
tuners whose sales exceed 100000 pounds,
S24. Manufacturers of cigars whose annu.
al sales do not exceed 100000 cigars. s..
Manufacturers whose sales exceed 100000
and 100000 cigars, Sl2 Manufacturers
whose sales exceed 100000 cigars, $24.
Insurance.
Life-On each policy for 800, Toe on
the amount insured. On policies on the
industrial or weekly plan, 40 per cent of
the amount of the first weekly premium
is charged. Fraternal beneficiary socie-
ties and purely local cooperative COM
panies, employees relief associations, oper-
ated on the lodge system or local coop
erative plan, organized and conducted
solely by the members thereof, for the
exclusive benefit of its members and not
for profit" are exempted.
Insurance marine, inland, fre)-Each
policy, onehalf of one per cent on each
dollar. Cooperative and mutual com
panies are exempted.
Insurance Casualty, fidelity and guar