The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-06-10
Senate Amendment Imposing 10 Cents Duty
Pound on Imports of Tea Retained.
Secretary of Treasury Directed to Coin Silver Bullion
at Rate Of Not Less Than $1,5OOOOO Month
Bond and Stamp Tax Features.

WASHINGTON June 9.-After five hours
| devoted to consideration of the bill to en-
able volunteer soldiers 10 vote in congress
| sional elections, the conference report Lren
| the war revenue bill was presented to the
| House to-day. Consideration was interrupt
| ed by recess at s o'clock this evening. at
| which hour the report was taken up again,
and after three hours debate, involving q
wide range of subjects and some sensational
| features, it was voted upon and adopted
| 154 to 107. The election measure Will be dis
| posed of tomorrow Immediately after the
meeting of the House Tonight Mr.. Pierce
| Oem., Tenn.), made vigorous attack on
| the prosecution of the war and the alleged
unwarranted delay in sending .eI'"A to the
| Cubans. A sensational feature the
| clash between Mr.. Grosvenor Oiep. j. and
| Mr.. Swanson (Dem., Va.), growing cut OF
the formers attack upon the later's speech
| in criticism of the revenue bill. The Ha-
| waiian annexationists made strong fight
| to get the election bill oN of the way to
| prevent it's going over to tomorrow as
privileged and likely to postpone another
| day their intended effort to force cans'dera-
| ton of the annexation resolutions in the
| House
| The war revenue bill, as agreed on
| by the conferees, will no doubt become
law Below is a complete abstract Of the
bill, giving every item and rate and con-
tains everything save details of administra-
tive features 1t provides that the act shall
take effect on the day succeeding the date
of its passage, except as otherwise specially
| provided for
| A tax of 50 on all beer, lager beer, ale,
porter and, other similar fermented liquors,
brewed or manufactured and sold or stored
| in warehouse or removed for consumption
or sale, for every barrel containing not more
| than thirty-one gallons; and at a like rate
for any other quantity or fractional parts of
barrel, with a discount of 715 per cent. on
all sales by collectors to brewers of the
| stamps provided for the payment of the tax.
An additional proviso was added. as follows,
by the conference: THAT the additional tax
imposed in this section on all fermented
liquors stored in warehouse, to which a
stamp has been affixed, shall be assessed
and collected in the manner now provided
| by law for the collection of taxes not paid
by stamps"
Special Taxes from July L.
/. Bankers employing a capital not exceed
ing $25 900, $50; employing a capital exceed
ing $4,000, for every additional thousand
dollars. 81. surplus included in capital. The
amount of such annual tax to be computed
| on the basis of the capital and surplus for
the preceding fiscal year. Savings banks
having no capital stock and whose business
is confined to receiving deposits and loaning
or investing the same for the benefit of
their depositors and which do no other busi-
ness of banking are not subject to this tax.
2. Brokers' $50 but any person having paid
| the special tax as a banker shall not be re-
quired to pay the special tax as a broker.
g. Pawnbrokers $40.
L. Commercial brokers, $2O,
s. Custom house brokers, 81.
g. Proprietors OF theaters museums and
concert halls in cities of more than $4,000
population, 800. This does not include halls
rented or used occasionally for concerts or
theatrical representations
T. Cfrcuses, $780, No special tax paid in
one State is to exempt exhibitions from the
tax in another State, though but one special
tax is to be imposed for exhibitions within
any one State.
s. Proprietors or agents of all public ex-
hibitions or shows for money, not enumer-
ated here, SO.
8. Bowling alleys and billiard rooms, S. for
each alley or table.
Tobacco, Cigars, Cigarettes and SNUFF.
In lieu of the tax now imposed by law, a
tax Of - cents per pound upon all tobacco
and snuff. however prepared, manufac-
tured and sold or removed for consumption
or sale; upon cigars and cigarettes manu-
factured, sold or removed for consumption
or sale. the following taxes to be paid by the
manufacturer $3.50 per thousand on cigars
weighing more than three pounds per thou
sand; 81 per thousand on cigars weighing
not more than three pounds per thousand,
$3.50 per thousand on cigarettes weighing
more than three pounds per Thousand. and
$3.50 per thousand on cigarettes weighing
not more than three pounds per thousand:
Provided, that in lieu of the two, three and
four-ounce packages of tobacco and snuff
now authorized by law there may be pack
ages containing one and two-thirds ounces
two and one-half ounces and three and one
third ounces, respectively and. in addition
to packages now authorized by law, there
may be packages containing one ounce OF
smoking tobacco.
The compromise proviso in regard to the
taxation of the stock on hand is as fol-
lows:
There shall be assessed and collected,
with the exceptions hereinafter in this sec