New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-04-24
IT rs EXPECTED TO ADD ABOUT SO" oooco An
NrALLY TO THE GOVERNMENTS REVENUE
rss1-E OF s5oo0oWo BONDS AND
100000 oo TREASURY GER
TrFICATES ALSO Al
THORlZEp
lpY TELEGRAPH TO THE TRIBUNE


active in it's PREPARATION 1t is estimated thdt
the measure. II enacted. will yield from COB,
1000 TO S1OOO0OO00 Of revenue from ih'e'""i
taxation. II also authorizes the issue il heoes-
.,ry ~ 500 GOO ON ten-tventy per cent oonds'
and not exceeding s1OOOOO.OU Of per cent one
wear Treasury certificates Of Indebtedness
The estimated revenue is distributed ny the
majority of the committee as follows:
ss%S@'e' rq"'' 's s""S SS
Ys.,,. IN tobacco and cigar, 200 ,s3
S,a,nr taxes on documents. telcsrams exc 80
s.,mn taxes on wines mineral waters &c. ono NM
Ton@sce tax on engaged in foreign TRACE @V"
.Cnie,em,ned.
Tea and coffee are not toucneo' S "a ,n a.,
measures proposed Tor "ar revenue "
revenue taxes.
TEXT OF THE BILL
Tho following IS the full text Of the bill.
rim 70 nrovile WAYS and means TO meet war
expenditure: s.o o,d House Of
Representatives OF the Cnl'eu 80, ond after
lea in Congress assembled. that from ana S'' IN
,he massage of this act there shall ne pau ~,
lien of the tax Of 81 now imposed by Jaw, .nS
Of 50 on all beer. lager beer are poI.vo a az" Nv
o.h.r similar fermented liquors. brewed Oh
MANUFACTURED and sold or removed IoI 'o W,
sumption or sale. within the unlteo say tor
whaieyer name such liquors ma! ne Cdi'. .,,..,,
every barrel containing no more t"a,u n,hsr
one gallons and az like rate TOT an! -,
nuantity or for the fractional parts ono ~ ,h
S;sad S,a,ntes is hereby amended accordingly
The Commissioner ~ Internal ReVen n WV.
the approval Of the secretary OF ,he 80 a.
sh.u nrescribe and furnish suitable stamps W.
nn.ing the payment Of the internal revenue taA
imposed by this section, and until such ratn
are prepared and furnished the stamps
fore used to denote the payment Oh .ie nv. hn
uo,r ar,s ,ax on fermented liquors may ne
stamped or imprinted with suitape az. .ssveS
denote the new rate OF tax ano sna u UT on
ipin
which the tax imposed by this act Is Paiu' fNlig
any brewer having possession OF u.''iit'. 10
stamps heretofore issued for tne pay rasa, The
tax upon fermented liquors shal prest s, Nv
same 10 the collector Of the district VINO sna'I r.
ceiye them at the price paid for such stamps y!
the purchasers and issue IN lieu .ntd NV mis-
imnrinted stamps at the rate proN'ueu ,y VIE
section: and II any packages OF fermen'eu i'qup.
shal he sold or removed for consufnp,'on, vi so
after the passage Of this act stanpeu ", 81 the
the stamp hitherto used for the payinei, w w,
tax unon fermented liquors. and whlch nav ~.
received the imprint or device nenotine t' D.,
rate Of tax. the Commissioner pl rm cause to
he collected the additional tax imposed ny '"'s
act upon such packages
TOBACCO CIGARS. CIGARETTES AND SNUFF
Sec Q That from and after the passage OF
this act there shall. in lieu Of the tax no" I'M
posed by law be levied and collected TAX VI
IL cents per pound upon all tobacco anu s"u, A.
however prepared manufactured anu syn rnon
removed for consumption or sale; anu upon
cigars and cigarettes which shall ne manu-
featured and sold or removed Tor consunlp ~ u
or sale there shall be levied ana coheC.eu .,'e
followine taxes TO he paid by the MANUFACTURE
thereof namely a tax Of "a per thousand on
cigars OF all descriptions made OF tobacco OF
any substitute therefor and wegnne morn 600 o'a en-
three pounds per 1000. and OF " per LUZ On
cigars made of tobacco or any substitute there
for and weighing not more than three POUNDS
per 900 and a tax OF 81 per loo on cigar
cites made OF tobacco or any substitute therefor,
and Weighing more than three POUNDS per i'"V''
and 81 per 900 on cigarettes made OF topaCco
or any substitute therefor. ana Weienlhs no
more than three pounds per 1ono PROVIDED;
that IN addition TO the quantity Of tobacco and
snuff In packages now authorized ny law there
NAV he a package Of smoking tobacco containing
one and three-fourths ounces; ana IN aoultlVn
TO the number now authorized by law IN pack
ages Of cigarettes there may he packages con,
taining eight and sixteen cigarettes eacn; ana
THO con,rnissioner Of Internal Revenue. with the
approval Of the Secretary ~ the treasury ~
authorized 10 provide suitable stamps FOR the
payment Of taxes thereon.
upon all the articles in this section enumerated
and described which have been manulactureo
or imported and removed from the factory or
Custom House before the passage OF this act
bearing the tax stamps heretofore required 10
be affixed to such articles for the payment Oh
the tax thereupon. and when are az .he ,', .-
Of the passage OF this act held ana intended ior
sale hy any person. additional tax equai 10
the difference between the tax already paid on
such articles at the time OF removal from me
levied upon such articles at the time or removal
from the factory Custom House and the TAX
hereby levied upon such articles nanulaG1ure sa
and remove ed from the factory or custom mouse
after The passage OF this act, namely. TAX Oh
cents per pound upon all tobacco and snuH'
however prepared: tax OF II per thousand on
cigars Of all descriptions made or tobacco or
any substitute therefor and weighing more than
three pounds per thousand: tax OF 81 per thou
sand On cigars made of tobacco or any sun,
s,!,u,e therefor and Weighing not more than
three pounds per thousand and tax or NJ per
thousand on cigarettes made OF tobacco or
am SUBSTITUTE tn r"for ana weighing more
than rh-ee pounds per thousand. and OF 81 per
thousand on cigarettes made o. tobacco or any
substitute therefor and weighing not more than
three pounds per thousand
Every person either as owner or dealer or as
a broker commission merchant or other agent
for the owner or dealer. having on the day sue
ceedinC the passage Of this act any or the above
6ee.riied articles in stock for sale. and which
have been removed from the factory where pro-
duced or Custom House through which imported.
bearing the proper stamp expressing tnf rate
Of tax payable thereon, az the time OF such re-
moyal shall make full and true return or the
quantity thereof, In pounds as TO the tobacco
ard snuff. and in thousands as 10 cigars ana
cigarettes so held on that day. under oath and In
such form and under such regulations as the
Conn. issioner Of Internal Revenue with the
approval Of the Secretary OF the Treasury may
prescribe Such return shall be made and de.
lvered TO Any collector or deputy collector or
internal revenue upon demand. or II not prev-
ously rendered to the collector OF the district
within thirty days after the passage OF this act
and on or bef ore said day and before selling or
parting With the possession OF any article above
described after the passage of this act the
owner or dealer or other person having pos
session Of said articles shall purchase and pro-
cure from the collector Of the district the
proper stamps for the payment Of the additional
taxes hereby levied upon said articles and shall
afix such stamps 10 the packages containing
such articles. and cancel the same In the manner
now oy law provided for the attachment and
cancellation OF stamps to and upon such arti
Giles or packages. And any such articles or
package .. such articles which shall be removed
from such stock or from the place where sit
ated on the day succeeding the passage of this
got or which shall be found after thirty days
after the passage Of this act. not bearing the
stamp or stamps denoting the additional tax
Anren,. levisd On such nrilces nrnnerlv can-