The herald., 1898-04-24
the WAR REVENUE BILL
BUILT TO BRING IN A HUNDRED
MILLIONS ANNUALLY
NOTHING ESCAPES TAXATION
Beer and Tobacco Will Bear the Largest
Share Of the Spanish War
Expenses
,ssociated Press Special Wire

WASHINGTON, April 2s.-The war rev.
enue bill is estimated to produce about
800, ,oOO, 900 in revenue. The tax on beer and
fermented liquors is increased from 81 to
50 barrel, but no rebate for unused beer
and destroyed stamps is allowed. The tax
on tobacco and snuff is increased to -
cents a pound. upon cigars to S4 per thou
sand weighing more than three pounds
per thousand, and 81 on cigars weighing
less than three pounds per thousand; 81
upon cigarettes weighing more than three
pounds per thousand, and 50 on cigarettes
weighing less than three pounds.
A compensating tax of half that amount
which is the amount of the increase upon
the stock of cigars and cigarettes on hand.
The following licenses are placed on to-
bacco dealers: Dealers in leaf tobacco,
whose sales do not exceed $4,000 shall pay
a $24 license, those whose sales exceed $10.-
900, s4s; dealers in tobacco whose sales do
not exceed $4,000, $3.50. In excess of that
amount s12.
The provisions of the stamp tax include
proprietary medicines and similar prep
arations, a tax of one cent on all packets,
boxes, bottles, ETC., which retail at IL cents
or less; two cents between 25 and so cents;
three cents between SO and 75 cents; four
cents between rs cents and dollar and for
each so cents or fraction thereof above tina,
amount an additional two cents.
The same schedule applies to perfumery
and cosmetics. Chewing gum is to pay
one cent for packages exceeding five cents.
Ginger and mineral waters are to pay one
cent per pint, and wines two cents per
pint.
Bonds, debentures and certificates of in
debtedness, after June l, issued by any as
sociation, corporation ETC., are to pay five
cents on each 500 or fraction thereof is
sued and on all transfers of shares or
certificates of stock two cents on each
500 of face. On bank checks and drafts
exceeding $40, two cents. Bills of ex-
change, drafts on sight, or promissory
notes for circulations. not exceeding $780,
five cents; between $100 and 5000, ten cents;
between 5000 and $3.50, fifteen cents; be-
tween $3.50 and $500, twenty cents; $500 and
$3.50. thirty cents; $3.50 and $1,000, fifty cents;
$1,000 and $25O0. one dollar; s25OO and $1,000,
$3.50, and for each $25OO in excess of $4,000,
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 when drawn in
sets Of So or more when each bill of each
set where the sum payable does not ex-
ceed $3.50, three cents. Above that there
is graduated scale, running 81 for $500,
and thirty cents for each $2500 additional.
Bills of lading for goods. merchandise,
ETC., for export, 10 cents each; express
packages one cent upon all such as pay
not to exceed 20 cents; between 25 cents
and ST. two cents; in excess of 81, five cents
Indemnifying bonds, so cents; all other
bonds required in legal proceedings, 25
cents; certificates of profits on 800 of face
value, two cents; certificates of damage or
otherwise issued by port warden. 25 cents
1t is also provided that in addition to the
quantity of tobacco and snuff in packages
now authorized by law there may be a
package of smoking tobacco containing
one and three-fourths ounces, and in addi-
ton to the number now authorized by law
in packages of cigarettes there may be
packages containing eight and sixteen
cigarettes each.
Dingley's Estimate
WASHINGTON, April 23.-Chairman
Dingley made the following statement re-
bill:
The Ways and Means Committee esti-
mate the increased revenue that would be
derived from the revenue proposed would
be from $50 900 900 to s1OO OOO, ,Gje, distributed
as follows:
Fermented liquors, s35, 900 900; tobacco,
SIS, 900 900; cigars, $4,000 ,0OO dealers in to-
bacco and cigars, s., 900 ,000 stamp taxes on
mn
stamp tax on wines, minerals, etc., unde-
termined tonnage tax on vessels engaged
in foreign trade, s2,O00.0O0.
Tea and coffee are not touched as all the
measures proposed for war revenues are
internal revenue taxes.
Chairman Dingley of the ways and means
committee this afternoon introduced the
measure. 1t is the intention of Chairman
Dingley to press the bill Monday, and he
hopes to have it through the house before
adjourning Tuesday.
Certificates of deposit in bank or trust
companies, 2 cents for sums not exceeding
$780, cents above that amount. Certificates
of other descriptions, 10 cents; charter con-
tracts for ship, vessel or steamer, which
does not exceed 300 tons, 50; between 300
and 600 tons, S5; exceeding 900 tons, $40;
memorandum of goods, stocks, bonds, real
estate or property of any kind, issued by
brokers, 10 cents; conveyances, when the
consideration exceeds 500 and does not
exceed $500, 80 cents; between $500 and $1,000,
81; between $1,000 and $25O0, 50; between
$4,000 and so 900, $40; between $4,000 and
$40, 900, s20 for each additional $40, 600, s1O
Telegraphic messages, except press dis
patches, ! cent on messages below the
charge of 20 cents, and 3 cents where the
charge is above 20 cents. On the entry of
goods of custom houses for consumption,
not exceeding 500 in value, 25 cents; be-
tween 800 and $500, 40 cents; exceeding $500,
81; entry for withdrawal of goods from
bonded warehouses, so cents. Life insur-
ance policies, not including accident poll
cies, for $1,000, 20 cents; marine and fire in
surance, % cents; leases for period not ex-
ceeding three years, so cents, exceeding
that period, 81; clearance papers for a car
go destined for a foreign port II the ton
mage of the ship does not exceed 300 tons,
ST. if between 300 and 600 tons, 50; exceed
ing 900 tons, s..
Mortgages not exceeding $500, so cents;
between $500 and $1,000, ST. between $1,000 and
$500, 81; between s250O and $4,000, So; be-
tween $4,000 and $l0,OO0 $40; between $40 900
and $4,000, SIS; for each additional $4,000
$40. Passage ticket for foreign port, if less
than $50, ST. exceeding $50; s..
Power of attorney, % cents; power of at
torney to convey real estate, or rent or
lease the same, 81; probate of will or letters
of administration, where the estate does
not exceed $25O0. so cents; between S25OO and