Lewiston teller. [volume] (Lewiston, North Idaho) 1878-1900, 1898-06-17
WAR REVENUE IS IN FORCE
BILL SIGNED BY PRESIDENT.
Bankers. BROKERS and Amusement
Places Expected to give III Large
Amount~-NnnH stamps VIII he
Called FOr-Abstract of the Meas


Washington. June l3.-The speaker and
vice president signed the war revenue
bill this morning and the president signed
it at } p. m.
Immediately upon receiving information
from the White house that the bill had
been signed by the president. Secretary
Gage issued circular explaining to the
public the proposed bond issue. The cir
cular invites subscriptions for two hun
dred millions of 3 per cent bonds. Sub
-cription> will be received at par for Il
period of 3 days from this date. Bonds
will be issued in the coupon and regis
tered form, coupon denominations rang
ing from $40 to $1,000, and registered
bonds from $40 to $4,000.
The following is an abstract of the
provisions of the bill
\ tax of - on all beer, ale porter. and
other similar fermented liquors for every
barrel containing not more than Is gal
Ions: and at IL like rate for a.v other
quantity or fractional part of Il barrel
Special Taxes From July 1.
l. Bankers employing a capital not
exceeding $4,000, $50; employing a CAPT
tai exceeding S25,ooO, for every addition
al $1,000, 50; surplus included as capital
Savings banks having no capital stock
and whose business is confined to receiv
ing deposits and loaning or investing tn"
same for the benefit of their depo>itors
and which do no other business or bank
ing are not subject to this tax.
2. Brokers, $50: but any person having
be required to pay the special tax as Il
broker.
3. Pawnbrokers, $40.
4. Commercial brokers, $40.
5. Custom house brokers, $40.
q. Proprietors of theaters. museums
and concert halls in cities of more than
%, 900 population, 800. This does not in
for concerts or theatrical representations.
:. Circuses 500, to be paid in each
state in which exhibitions are given.
8. Proprietors or agents of all public
exhibitions or shows for money not emu
merated here. $40.
.. 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, Il
tax of lie per ounce upon all tobacco and
| cigarettes manufactured and sold. the
following taxes to be paid by the manu-
facturer: $3.50 per 1000 on cigars weigh
ing more than three pounds per 1000; 81
per 1000 cigars weighing not more than 3
pounds per 1000: $3.50 per 1000 on cigar
cites weighing not more than three
pounds per 1900, and $50 per 1000 on
cigarettes weighing not more than three
pounds per 1000.
The compromise provisio in regard to
the tax on stock on hand provides for i,
tax equal to one-half the difference be-
tween the tax already paid on such ar
ticles 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 pound
of manufactured tobacco and $1,000 cigar
cites or cigars on the day succeeding the
date of the passage of the bill are re
lieved 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 $4,000 pounds each. ST.
Those whose annual sales exceed 5OOtkl
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, $l2. Those
selling their own products at the place
of manufacture are exempted from this
tax.
Manufacturers of tobacco whose an
nual sales do not exceed $4,000 pounds, So
Manufacturers whose sales exceed 10000
and not 100000 pounds, $l2. Manufac-
turers whose sales exceed 100000 pounds
$24. Manufacturers Of cigars whose annu
al sales do not exceed 100000 cigars, SIT
Manufacturers whose sales exceed 100000
and 2OO.OOO cigars, $l2. Manufacturers
whose sales exceed 2OO, 600 cigars, $24.
Insurance.
Life-On each policy for 500, Zoe 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 lmarine, inland, fire)-Eacl
policy, one-half of one per cent on each
dollar. Cooperative and mutual com
panies are exempted.
Insurance casualty. fidelity and guar
antee) Each policy and each bond for tn,
performance of the duties of any office o,
position or other obligation of the nature
OF indemnity and each contract or obi
cation guaranteeing the validity of bond.
or other public body or guaranteeing title,
to real estate or mercantile credits guar
anteed by any surety company upon tn,
amount OF premium charged, one-half ul
cent on each dollar: on lease. land o,