The times. [volume] (Richmond, Va.) 1890-1903, 1898-04-24
How He Expects to Raise a Hundred
Million Dollars.
LIST OF ARTICLES TO BE- TAXED,
Tea, Coffee, Railroad Tickets and Pc
troleum Exempt-The Democrats
VIII Insist on an Income Tax.
Opposition Is Expected.

tcntion OF Chairman Dingley 20 press the
| bill on Monday and he hopes TO have II
| through the House before the adjourn
| ment Tuesday.
| 1t is probable that this programme will
meet with opposition from the Democrats
| who have not been consulted in It's prep
| arations and will not have an opportunl-
~ to see It before 1t Is presented TO the
| fun committee at 10 o'clock on Monday
| morning. They are inclined 10 think
that they have been unfairly treated. As
| IL IS distinctly war measure In which
| they are expected to acquiesce without
| opposition they believe they should have
J been consulted I'm its preparation.
AN INCOME TAX.
The Democrats have already decided to
offer an income tax amendment. Chair
| man Dingley estimates that the measure
| as framed will raise between S0O0Wl
| and 500 100000. Tea and coffee, railroad
tickets and petroleum, all OF which were
| considered at different times as subjects
for taxation. are not touched IN the Bill.
The revenue 10 be derived IS distributed
as follows Fermented liquors. S35,WO0n
tobacco. SIS, 900 GOO; cigars, S.OOOOJ tobac-
! co licenses. S5O0oO00; stamp tax on docu-
ments, kilograms, etc, S30,OOO0W; tonnage
| tax. $250,O0O
The amount to be raised by the stamp
| tax on wines, mineral waters, chewing
| gum. etc. has not been estimated.
The tax on beer, ale and fermented IL
| quors is increased from 81 20 ~ barrel.
| but no rebate for unused beer or stamps
| is allowed. The tax on tobacco snuff Is
increased to Y cents pound; upon cigars
| to 81 per thousand Weighing more than
| three pounds per thousand. and 81 on
| cigars weighing less than three pounds
| per thousand; 81 upon cigarettes weigh
| ing more than three pounds per thousand
| and 81 on cigarettes Weighing less than
| three pounds. A compensating tax OF half
| that amount (which is the amount Of the
| increase) upon the stocks OF cigars and
| cigarettes on hand.
| TOBACCO DEALERS LICENSE.
| Tho folloming licenses are placed on
| tobacco Dealers: Dealers I'm leaf tobacco,
| whose sales do not exceed $4,000, shall
! pay a S24 license; those whose sales
| exceed $4,000. SIS; dealers I'm tobacco
| whose sales do not exceed $4,000, $3.50 in
| excess Of that amount, S12 1t Is also
| provided that i'm addition 10 The quantity
| of tobacco and snuf in packages. now
| authorized by law. there may be a pack
| agt of smoking tobacco. coqlaiT,ng tne
| and three fourth ounces ana I'm addition
to the number now authorized by law in
| packages Of cigarettes there may BE-
| packages containing eight and sixteen
| cigarettes each.
The provisions Of the stamp tax include
| proprietary medicine and similar prepare
| lions. a tax Of one cent on all packets.
! boxes, bottles, etc, which retail at %
| cents or less. two cents between IS and
80; three cents between 50 and IS; I'VE
cents between 70 and 81. and for each
80 or fraction above that amount an ada
| uCnal two cents The same schedI lc Gp-
plies TO perfumery and cosmatics.
Packages retailing at five cents. one
cent. and two cents on packages exceed
| ing five cents. Ginger ale, one cent
| pint Bonds. debontures or other certih-
| Gates of Indebtedness after June lst, is
| sued by any association, corporation etc.
are to pay five cents on each 500 or frac-
ton thereof issued and on all transfers
| of shares or certificates Of stock, two
cents on each 500 Of face. On bank
checks or drafts exceeding 500 two cents,
bills of exchange: drafts al sight, or
| promissory notes for circulation not ex-
| ceeding 500. five cents between 800 and
| 5000. ten cents; between 500 and $3.50
| fifteen cents; between $3.50 and 500. twen-
! ty cents; $500 and $50, thirty cents: $3.50
| and $1,000 forty cents; $1,000 and $500
one dollar; $500 and 5000. $50, and .or
| each $3.50 in excess OF 5000, one dollar
| Foreign bills Of exchange, letters Of
| credit, including express money orders
| TO pay the same rate as bills Of exchange
| or promissory notes. except where drawn
| in sets of three or more when for each
bin Of each set where the sum payable
does not exceed $780, three cents; above
that there is a graduated scale running
| 81 for $1,000
A GRADUATED SCALE.
| Above that there Is a graduated scale
| running 81 for $500 and 3 cents for each
$500 additional. Bills Of lading, receipts
! for goods. merchandise etc. for export
10 cents each; express packages / cent
| upon all such as pay not 70 exceed %
cents, between 25 cents and 81, cents
in excess Of 81, cents.
| lndcmnifying bonds cents: all other
| bonds required in legal proceedings IS
| cents certificates OF deposit OF money I'm
bank or trust companies cents for
sums not exceeding 800. 5 cents above
that amount. Certificates of other dis
| criptiOns 10 cents. Charter contracts for
ship, vessel or steamer which does NOT
exceed 800 tons e IT between 300 and 600
| tons. s.. Exceeding 600 tons. Sl0 memo
! randum Of sac Of goods stocks. bonds
real estate or property Of any kind is
sued by brokers 10 cent; conveyances
| when the consideration exceeds 500 and
does not exceed $780, 80 cents; between
$500 and 1000. 81: between 81, 900 and g 500
|
| $1,000 and $4,000. 800; for each additional
| $4,000, 80. Telegraph messages except
press news dispatches. 1 cent on messages
below the charge OF % cents and cents
when the charge is above 20 cents, On
the entry Of goods at Custom Houses for
| consumption not exceeding 5000 IN value
q cents: between 5000 and 5000. 30 cents:
entry for withdrawal Of goods from
bonded warehouse 20 cents: life Insurance
policies not including accident policies
for each $1,000. % cents; marine and fire
insurance q cents: leases for n period not
| exceeding three years. 70 cents; exceeding
| that period. 81. Clearance papers for a
| cargo destined for a foreign port n tho
| tonnage OF the ship does not exceed 800
tons. 81 between 500 and COO, 81; ex-
ceedlng coo. S. Bonds and mortgages
not exceeding 500. cents: between $500
| and 81 600. 81: between 5000 and $3.50. 80:
between s.. 200 and 5000. s.; between S.
| 0O0 and $4,000 $40: between $40 900 and
$4,000 SIS: for each additional so, OO0 $40;
| massage ticket for n foreign port. II less
| than $50 81; exceeding $50. g; power OF
| attorney q cents. power OF attorney 10
| convey real estate or rent or lease the
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