The Holly chieftain., 1898-06-17
THE WR REVENUE BILL.
How Taxes are to Be Raised fo,
carryiAg on the Conflict
with Spain.
TAX ON BEEIbND FERAENTED LIQUORS
bankers, brol3r. and Theatrical Men VIII
Also Cont butte to the funa-roh.eeo
and Cigar. (..s.'ed--A Tar on Inherit
anees and raeie'-The Bond Issue and
the Coinal of the Silver Bullion.

of the hou3 and vice president of
the senate fipnrd the war revenue
! bill to-day md It then went TO the
white house3nd the president attached
his signatug and made it law. The
bill is as folH Hws.
Tax on Fed Fermentsd Liquors, Etc.
A tax OF az 6nll beer. lager beer ale. porter
| and other sim kr ferueuted liquors brewed or
manufactured,tnd sold or stored 10 warehouse,
| or removed foi&onslmption or sale. for every
barrel eontuin 4 No; more than 81 gallons. and
/ at o like rate any other quantity or frac-
t!onai parts Of barrel With discount Of ~
| per cent on all ale by collectors To brewers
OF the stamps oviLal for the payment OF the
tax
speci4 Ia1e. from July 1.
First-BanlieA employing n capital not eH-
ceeding t25, oo1. s5J. employing o capital ex-
ceedlng as. 600. a. every additional 81 600. e.
surplus includedAu n capital Second-Brokers,
80, but any perSbn having paid u special tax as
Ia bank shall nd be required to pay a special
tax as broter Thlrd-Pawnbrolsers t20
Fourth-Comrxrc!aI brokers t21 Fifth-Cus-
tom house broters. s10 slxth-Proprietors OF
theaters musclnis an concert halls IN cities
OF more than 200 population, tI01 This does
not include haas renteI or used occasionally
for concerts b. theatrical Representations
Seyeuth-Circtse7 .iUl No special tax paid
in one state is 10 exempt exhibitions from the
tax in anothef s.ate. though but one special
tax Is 70 be inn I'D for exhibitions within any
one state EEhth-Proprietors or agents OF
all other publH eI hibitlo1s or shows for money,
not enumcraSed herr. sl0. Sinth-Bowling
alleys and bilaarl rooms, $ for each alley or
table
Tobaece, Cigars and CiEarettes.
In lieu OF the tax now Imposed by law, tax
OF y cents Per pound upon all tobacco and
snuff, hovev9 prepared. manufactured and
sold flffOrl nj ip
cignrs and ciiare,tes manufactured and sold
or removed fotcon sun ption or sale. the follow
ing taxes to Be paid by the manufacturer:
s3 90 per 900 ion cigar Weighing more than
three pounds Der 900 81 per loo on cigars
weighing not more thnn three pounds per 1000:
@ 60 per 1000 Cigarette Weighing more than
three pounds per zoo and .L5o per 100 on
cigarettes weighinghot more than three pounds
per 900; providcdi that in lieu OF the two,
three and four-ouncs packages OF tobacco and
tnur now autboTl4d uy law, there may be
packages thereof Obtaining one and two thirds
ounces two and one'hali ounces, and three and
one-ihlrd ounces respectively. and in addition
to packages now aut torIzed by law there may
be packages continuing one ounce OF smoked
tobacco
Ir4nrance.
Llte-On each pOl9y for each 500, 10 cents on
the amount insurcdA Policies on the Industrial
OF weekly plan, 20 per cent of the amount OF
the first weekly pea Hum is charged Frater-
nal beneficiary soc fies and orders. farmers
purely local cooper eiyo companies employees
relief associations &rated on the lodge system.
local cooperative ban. Organized and con-
Quoted solely by thamembers thereof for the
exclusive benefit 81 It's members and not for
profit are excmpt& Insurance (marine in
land, hrel-Ench n &iey, one-halt OF one cent
on each dollar Coz -Heratiye and mutual COM
panies are excmpt4 Insurance Casualty
fidelity and guarantN Each policy and each
bond for the pcrforu3 3ncc OF the duties OF any
office or position or 9her obligation OF the ma
ture of Indemnity, ~ each contract or obliga-
tlon guaranteeinale validity OF bonds or
other obligations sued by any state coun.
~, municipal or ot b public body. or guaran-
teeing titles to reQ state or mercantile cred
its. executed or gu5anteed by any surety COM
pany upon the an bat of premium charged,
| one-half OF one u % each dollar. Lease,
land or tenement, Eot exceeding one year, 25
cents; exceeding year and not exceeding
three years, 30 cess; exceeding three years
u. Passage uckeN from port in the United
States to forcign1 1prt,f II costing not exceed
idg t30 e. Costinl hOre than $50 and not ex-
ceeding $50, 81 CHting more than $50, S..
Proxy for voting atm election for officers OF
any Incorporated 4mpany. except religious,
charitable or lltera1 societies or public ceme-
teries. 10 cents
Inhs@ kance Tax.
A tax on lnherita4es and legaeies exceeding
10000 on personal 1operty IS provided as fol-
lows: On sums b@Fween 10000 and rs. 900:
First-On benefits 4 the Iineal issue or iineal
ancestors. brother d sister of the deceased at
| the rate OF IS cents every tl00 Second-To
the descendant of 0brother or sister at the
| rate of sl-5O for DRY tl0Q Third-To the
brother or sister o4 The father or mother
the descendant OF brother or sister OF the
| father or mother att lie rate Of s3 for every sl01
Fourth-To the broQ Ter or sister of the grand
| father or grandmotNr OF u descendant of the
brother or sister OF be grandfather or grand
mother, a for ever slOo Fifth-To those OF
any other degree Of |llateral consauguinity or
strangers in blood Of u body polite or corpor-
ate, at the rate OF q for every ,I0l All lega-
cies or property pasv vng By will or by the laws
OF any state or terriCry 70 husband or wife are
exempt from tax or 0lty.
| Tobacco Deaier4 and Manufacturer.
Dealers in leaf toh1eco whose annual sales do
not exceed ", coo pott'ds each. ID Those whose
| annual sales exceed 5000 and not 100000
pounds, sl2, and II t1eir annual sales exceed
| 10000 pounds, "a 4ealefs In other tobacco
whose annual sales txceeA 5000 pounds, sls-
Those selling theH own products Mt the
! place OF manuiact3re arc exempted from
| this tax. ManufactlFe lFers lof tobacco whose
annual sales do notexce}d 1000 pounds, t8
| Manufacturers who4 s3les exceed 50, 900
pounds and not iO0t)O pounds, sle Manu-
fac,urers whose sal$ exceed 100 900 pounds
ga Manufacturers n ctars whose annual
sales do not exceed ID 0oI Sigars. I'd Manufac-
turers whose sales exA bed bO. 900 and not go 900
cigars tie ManutactireH whose sales exceed
10000 cigars, s2a
| Schedule Al Stamp Taxes
Bonds, debentures 4 certificates OF indebted
ness by any associatidn Company or corpora
/ tion. on each si0o Of fa&e value or fraction
| thereof cents and on bach original issue,
| whether on organization d reorganization, or
| certificates OF stock by ay such association
| company or corporation, fn each 800 OF face
| value or fraction thereof6 cents. and on NIL
sales. or agreements to tell, q memoranda OF
| sales. or deliveries or tr1hsfers of shares or
certificates OF stock on c63h 800 Of face value
| or fraction. 9 cents. in c$e OF sale where the
evidence Of transfer is sh<1wn only by the books
| OF the company the stamfs shall be placed upon
such books. and where II change OF owner
| ship is by transformers khe stamp shall be
placed upon the certihcat&b and in cases of On
| agreement to sell or wheG the transfer Is by
| delivery of the certaca3 assigned in blank
| there shall be made a delivered by the
seller to the buyer q Hi or memorandum
Of such sale. to which4 he stamp shall be
nfiixed.
Bank check draft or Certificate Of deposit
not drawing interest or o1acr for the payment
| OF any sum OF money dra&n upon or issued By
! any bank, trust company or any person or
persons companies or Cd borattons cents
Bills Of exchange dnlu az draft, certificate
Of deposit drawing inte3b bst or order for the
payment Of any sum Of Z >sey otherwise than
At sight or on demand, d kny promissory note
except bank notes issue lfor circulAtion. and
for each renewal Of the ~, for . sum NOT
exceeding 800, cents. = for eseA additional
tioo or fractional part th bof II excess Of 500.
= cents H tIft
Bills of exchange fore s. q Issters Of cred
1t. II drawn singly for n ! not exceodtnB 500.
4 cents and for each ~ frnetionAl part
thereof In excess Of I'D cents u drawn
In sets Of two or more, Il svssy bill Of each