Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1898-06-18
THE WAR REVENUE BILL.

An Act to Provide Ways and Means &c
Meet War Expenditures and For Othcl
!. PURPOSES
BE 1t enacted by the senate and house o.
representatives of the United States 81
America In congress assembled, That Their,
shall be paid, in lieu Of the tax of 81 now
imposed by law, tax of So on all beer
lager beer, ale, porter and other similar
fermcnted liquors, brcwed or manufac
tured and sold or stored in warehouse, OF
removed for consumption or sale within
the United States, by whatever name such
liquors may be called, for every barre
containing not more than 81 gallons, and
at like rate for any Other quantity OF
for the fractional parts of barrel author
lied and defined ~ law. And section 1886
OF the revised statutes is hereby amended
accordingly, provided, that discount OF
~ per contum shall be allowed upon al
sales by collectors TO brewers of the stamps
provided for the payment of said tax.
Special Taxes.
Sec. 2. That from and after July /,
1893, special taxes shall bc and hereby art
imposed annually rs fouows-that is to
cay:
l. Bankers using or employing a capital
not exceeding the sum of So 900 shall
pay $50. When using or employing n CAPT.
tai exceeding S2j. 600, for every additional
81 900 IN excess OF s25, coo. So, and in csti.
mating capital surplus shall I've included.
The amount Of such annual tax shall in
oil cases be computed on the basis of the
capital and surplus for the preceding fiscal
year. Any savings bank having 10 CAPT
tai stock and whose business is confined
to receiving deposits ard leaning or in
vesting the same for the benefit of its de-
positors, and which docs no other business
of banking, shall not be subject TO this
tax
2. Brokers shall pay $50. Every person,
firm or company whose business it is to
negotiate purchases or sales of stocks,
bonds, exchange, bullion, coined money,
bank notes. premissory notes or ether Sc
curtics for themselves or others shall be
regarded as broker, provided that any
person having paid the special tax as a
banker shall not he required to pay the
special Tux as broker
.. Pawnbrokers shall paw 500.
4. Commercial brokers shall pay $50.
8. Custom house brokers shall pay $40
g. ProprietOrs OF thcatcrs, museums and
concert hall. in cities having more than
$4,000 population as shown by the las:
prccding United States census shall pay
500.
Z. The proprietor or proprictors Of cir
cuscs shall pay 800.
<. Proprictors or agents of all other
public exhibitions or shows for money
shall pay $40, and hut one special tax shall
be required for exhibitions within any one
state, territory or the District of Columbia
9. Proprictors of bowling alleys and
billiard rooms shall pay s. for esch alley
OF table.
Tobacco. Cigars, Cigarettes ard Snuff.
Sec Z. That there shall in lieu q the
tax now imposed by law, Inc levied ard
collected taa of 10 cent. per pound upon
all tobacco and snuff, however prepared
manufactured and solt! or removed for
consumption or sale, and upon cigars and
cigarettes which shall he manufactured
and sde6 CO removed for consumption OF
sale there SHALL b, levied and collected the
following saxcs, t. lic paid b- the mana.
facturcr Overwhelmingly, u tax Of 81. &C
per Thousand on cigars u all descriptions
made OF toiiacco or any substitute there
for and weighing more than three pounds
per thousand, and of 81 per thousand on
Cigars.made of tobacco or any substitute
therefor and weighing not more than
three pounds per thousand, and a tax OF
$500 per thousand n cigarettes made OF
tobacco CO any substitute therefor and
weighing more than three pounds per
"a ~,
cigarettes made of tobacco or any s,lbsti.
tutc therefor and weighing nrt more than
three pounds per thousand The law also
provides for smaller packages and tobacco
removed from the factory or custom house
before the passage Of this act bearing tax
stamps must bay y tax equal to one hal!
tho difference between tho tax already
paid and the tax levied in this act upon
such articles.
Sec. 4. That from and after July /,
1898, special taxes on tobacco dealers and
manufacturers shall bs and hereby are i'm
posed annually rs follows, the amount OF
such annual taxes 10 bo computed in all
eases on the basis OF the annual sales 10,
tho preceding fiscal year: Dealers in leai
tobacco whose annual sales do not exceed
6o7o0e pounds shall ench pay 81. Dealer.
In leaf tobacco whose annual sales exceed
10000 and do noe exceed 1906 pound:
shall pay tl2 and II their annual sales ex
coed 100000 pounds shall pay SEA. Deal
ers In tobacco whose annual sales exceed
10000 pounds shall each pay sl2 Manu-
facturcrs Of tobacco whose annual sales dC
not exceed $4,000 pounds shall each pay
20. Manufacturers Of tobacco whose an