Audubon Republican. [volume] (Audubon, Iowa) 1894-1925, 1898-06-16
HOUSE AGREES TO IT.
Adopts the Compromise War Rev
enue Measure.
The Bill Almost Certain to Become n
Law-An Abstract of It's Most
Important Features Of
Taxation.

Taxation.
Washington, June 1o.-The house agreed
to the conference report on the war rev.
enue bill Vote, 154 to 107. The republicans
who voted against the adoption of the
conference report on the war revenue bill
are: Brewster. Henry Comm. Hill. Lit
tauer. McIntire. The democrats who
voted for the report were: Cummings
briggs, Fitzgerald. McAleer. Mcclellan.
Abstract of the Bill.
The war revenue bill as agreed upon by
the conferees of the house and senate will
no doubt become law The following is an
abstract of the most important provisions
of the bill, giving items and rates, and con-
tains nearly everything save details of
administrative features. 1t provides that
the act shall take effect on the day sue
ceeding the date of its passage, except as
otherwise specially, provided for:
A tax OF two dollars on all beer lager
beer, ale, porter, and other similar fer
mented liquors, brewed or manufactured
and sold or stored in warehouse, or re-
moved Tor consumption or sale, for every
barrel containing not more than 81 gall
Ions, and at a like rate for any other guam
uty or FRACTIONAL parts of a barrel, with a
lectors to brewers of the stamps provided
Tor the payment of the tax
Special Taxes from July L.
l. Bankers se employing a capital not; ex-
X
ceeding $4,000, for every additional thou
sand dollars, 81, surplus included in capt.
tai. The amount of such annual tax to be
computed on the basis of the capital and
surplus for the preceding fiscal year. Saw
lngs 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 business of banking, are
not subject to this tax.
q Brokers, $50, but any person having
paid the special taxes as banker shall not
be required to pay the special tax as q
3. Pawnbrokers, $40.
4. Commercial brokers, $40.
s. Custom house brokers, $40.
concert halls in cities of more than 25,0O0
population, 500. This does not include
halls rented or used occasionally for con-
T. Circuses, S1OO. 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 other public
exhibitions or shows for money, not emu
.. Bowling alleys and billiard rooms. IS
for each alley or table.
Tobacco, Cigars, Cigarettes and Snufr.
In lieu of the tax now imposed by law, a
and snuff. however prepared. manufac-
tured and sold, or removed for consump-
ton or sale; upon cigars and cigarettes
consump ton or sale, the following taxes to
be paid by the manufacturer, So. go per thou
sand on cigars weighing more than three
cigars weighing not more than pounds
per thousand; $3.50 per thousand on Gig
arettes weighing more q than pounds per
arettes weighing not more than 3 pounds
per thousand; provided that in lieu of the
bae o ' and snuff o now authorsed BY law
there may be packages thereof, containing
2-3 ounces. ~ ounces and 1-3 ounces re-
spectively, and in addition to packages now
authorized by law there may be packages
containing one ounce of smoking tobacco
Insurance.
LIFE-On each policy for each 500, 10
cents on the amount insured. Policies on
of the amount of the first weekly premium
is charged. Fraternal beneficiary societies
and orders. farmers purely local cooper
lions operated on the lodge system or local
cooperative plan, organized and conducted
solely by the members thereof, for the ex-
elusive benefit of its members and not for
MARINE, INLAND. FIRE-on each pol
fey one-half Of one cent on each dollar.
Cooperative and mutual companies are ex-
CASUALTY. FIDELITY GUARANTEE
Each policy and each bond for the per-
Torrance of the duties of any office or posi-
tion or other obligation of the nature Of in
demnty, and each contract or obligation
obligations issued by any state, county,
municipal or other public body, or guar
anteeing titles to real estate or mercan-
tile credits executed or guaranteed by any
surety company upon the amount of pre-
MUM charged one-half of one cent on each
Proprietary Articles.
Medicinal proprietary articles and prep
arations: Upon every packet, box, bottle,
pot or phial. or other Enclosure, containing
any pills, powders tinctures, troches or
Iozenges, sirups, cordials, bitters ano-
dynes, tonics, plasters, linaments, salves
ointments, pastes, drops, waters Except
turaI spring waters), essences, spirits, oils
and all medicinal preparations or compo-
sitions whatsoever, made and sold, or re-
moved for sale by any person wherein the
person making or preparing the same has
or claims to have any private formula or
any exclusive right where such packet
ETC., does not exceed at the retail price five
cents, one-eighth of one cent tax; when the
retail price is between and 10 cents, one
fourth of one cent; between 10 and Is cents
three-eighths of a cent; between is and Is
cents, fve-eighths of cent and for each
additional rs cents in value, fve-eighths
of a cent tax. Perfumery and cosmetics and
other similar articles used as applications
to the hair, mouth or skin or otherwise
used, where the packet. box, bottle, etc,
one-eighth of one cent tax: when the price
is between and 10 cents, one-quarter of a
cent; between 10 and Is cents three-eighths
of cent; between Is and rs cents five
eighths of cent: each additional 25 cents
in value, five-eighths Of a cent tax Chew
ing gum, each package of not more than
81 retail value, four cents, and for each
additional dollar 4 cents. Sparkling or
other wines. when bottled for sale. upon
each bottle containing one pint or less, /
cent; more than pint. cents.
Inheritance Tax.
tax on inheritances and legacies ex-
ceeding $4,000 in personal property Is pro
vided as follows: On sums between $40
600 and $25, 000-f1rst, on benefits to the iineal
ISSUE or Iineal ancestor. brother or sister of
the deceased, at the rate of rs cents for
every 500; second, to the descendant of a
brother or sister, at the rate of 81. so for
every 500; third, to the brother or sister Of
the father or mother, or a descendant of a
brother or sister of the father or mother
at the rate of 50 for every 500; fourth, to
the brother or sister Of the grandfather or
grandmother, or descendant of the broth
er or sister of the grandfather or grand
mother "a for every 500; fifth, to those OF
any other degree of collateral consanguin-
!ty or strangers in blood or a body polite
br corporate, at the rate of S. for every
300. All legacfes or property passing by
will, or by the laws of any state or terri
tory, to husband or wife are exempted from
tax or duty. On sums ranging between
be multiplied by W.; on those ranging from
100000 to $500,000, the rates are to be null
tiplied by 2; on those ranging from $780, coo