The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-04-24
Provision of n Bill Introduced in the
House by the Chairman of the
Ways and Means Committee.
NO TAX ON TEA OR COFFEE
But FERMENTED LIQUORS AND TO-
BACCO ASSESSED $6O.OOO,OOO.
Tax Put ON Telegraph Messages, Bank
Checks, Etc.-PrOvisiOn Made for
Loan OF $500, coo, 900.

WASHINGTON, April 49, - Chairman
DingIey. of the ways and means committee
this afternon introduced in the House the
war revenue measure which the Republic
an members of the ways and means COM
mlttee have prepared. 1t is the intention of
Chairman Dingley to press the bill on Mon
day, and he hopes to have it through the
House before adjournment on Tuesday. 1t is
probable that this programme will meet
with opposition from the Democrats who
have not been consulted in it's preparation,
and who will not have an opportunity to
see 1t until it is presented to the full COM
mittee on Monday morning at 10 o'clock.
They are inclined to think that they have
been most unfairly treated. AS it is dis
tinctly war measure, in which they are
expected TO acqulesce without opposition,
they believe they should have been consult
ed in its preparation The Democrats have
already decided to offer an income tax
amendment. Chairman DingIey estimates
that the measure as framed will raise be-
tween $SooOo.OOO and $lOO.oOo,OOO Tea and
coffee railroad tickets and petroleum all Of
which were considered at different times as
subjects Of taxation, are not touched in the
bill. The revenue to be derived is distributed
as follows
Fermented liquors .............. S35 900 600
Iobacco ......,,......s...,....,. l5,900.000
aSdIs aO00OO0
Stamp tax on documents. tele-
grams etc Observation-Disclosures. 1000 600
The amount to be raised by the stamp tax
on wines, mineral waters, chewing gum,
etc. has not been estimated.
The tax on beer ale or fermented liquors
is increased from 81 to 81 barrel, but no
rebate for unused beer or destroyed
stamps is allowed. The tax on tobacco
snuff is increased TO II cents a pound on
cigars. 81 thousand; 81 on cigarettes
weighing more than three pounds thou
sand, and s. on cigarettes weighing less
than three pounds. A compensating tax of
half that amount (which is the amount of
the increasef is put on the stock of cigars
and cigarettes on hand. The following IL
censes are placed on tobacco dealers: Deal
ers in leaf tobacco whose sales do not ex-
ceed $4,000 shall pay a S24 license; those
whose sales exceed $4,000 S4S; dealers in to-
bacco whose sales do not exceed $4,000,
t4s0; in excess of that amount 49,
It is also provided that IN addition to the
quantity of tobacco and snun In packages
now authorized by law there may be a
package cf smoking tobacco containing one
and three-quarters ounces, and in addition
TO the number now authorized by law in
packages of cigarettes there may be pack
ages containing eight and sixteen cigarettes
each.
THE STAMP ACT
The provisions of the stamp act include
proprietary medicines and similar prepara-
tsons, q tax of l cent on all packages, boxes.
bottles, etc. which retail at 3s cents or
less, cents between 25 and 80 cents, 3
cents between 50 and 70 cents, cents be-
tween 70 cents and 81. and for each 80 cents
or fraction thereof above that amount an
additional cents. The same schedule APP
plies to perfumeres and cosmetics. Chew
ing gum is to pay / cent for packages re-
failing at cents and cents for packages
exceeding ) cents Ginger ale and mineral
waters are TO pay cent per pint and wines
cents per pint.
Bonds, debentures or other certificates of
indebtedness after June 1 issued by any
association, corporation, etc, are TO paw
cents on each 800 or fraction thereof is
sued, and on all transfer of shares or GER
tincates of stocks 2 cents on each 500 of
face On bank checks and drafts exceeding
so, cents. Bills of exchange, drafts al
sight or promissory notes for circulation NOT
exceeding 500. cents; between 500 and $500.
10 cents; between 500 and $3.50, Is cents: be-
tween $3.50 and $500, 20 cents; $500 ana s750