Ceredo advance. [volume] (Ceredo, W. Va.) 1885-1939, 1898-06-22
Roth HOUSES AGREE.
T,s War Revenue Measure Passed
by Congress.
a, Abstract of Its Most Important
Features OF Tnxation-rbe Bond
Issue - The silver
CInuse.


Issue The silver
CInuse.
vr-,shinrton. June 10.-The house agreed
=. 49, conference report on the war rev
| .-rs bin Vote. f5i to lO7. The following
| 60 abstract OF the most important pro-
. visions q the bill. giving items ana rates.
| 40 contains nearly everything save de-
| ,sus OF administrative features IL pro-
,sSes tha, the act shall take efrec, on the
| fav succeeding the date of its passage, ex-
| esr. as otherwise specially provided for:
. tax OF two dollars on all beer lager
| H.. ale. porter. and other similar fer
| msnted liquors. brewed or manufactured
anf sold or stored In warehouse. or re-
moved Tor consumption or sale. for every
| barrel containing not more than 81 gall
lors ard az a like rate for any other guam
thy or fractional parts OF a barrel. with a
discount Of ~ per cent. on all sales by col
lectors % brewers OF the stamps provided
for The payment OF the tax.
special Taxes from July L.
/ Bankers employing capital not ex-
cesding $4,000. $50. employing a capital ex-
cstdiug So ooi. for every additional thou
sand dollars. s., surplus included IN can't
tai The amount OF such annual tax 10 be
computed on the basis OF the capital and
surplus FOR the preceding fiscal year. Saw
ings banks having no capital stock. and
whose business is confined to receiving
deposits and loaning or investing the same
for the beneht OF their deposltors. and
which do no other business OF banking. are
not subject 20 this tax.
. Brokers. $50. but any person having
paid the special taxes as banker shall not
be required to pay the special tax as a
broker
2 Pawnhrokers. 500.
( Commercial brokers $50
8 Custom house brokers' SO
Projectors OF theaters. museums and
concert halls In cities OF more than Is GOO
population. 500.
crcuses. 800. No special tax paid In
one state Is TO exempt exhibitions from
the tex In another state. though but one
special tax Is to be imposed for exhibitions
within any one state.
Proprietors or agents OF all other public
exhibitions or shows for money, not emu
meated here. SO
9 Bowling alleys and billiard rooms. s.
for each alley or table.
Tobacco. Cigars, Cigarettes and Snun
II lieu OF the tax now imposed by law. A
tax Of Il cents per pound upon all tobacco
and snuit, however prepared. manufac-
tured and sold, or removed for consump-
ti0n or sale: upon cigars and cigarettes
manufactured and sold. or removed for
consumption or sale, the following taxes TO
be paid by the manufacturer: 50 co per thou
sand on cigars weighing more than three
pounds per thousand. 81 per thousand on
cigars weighing not more than mounds
per thousand: $500 per thousand on Gig
areties Weighing more than 3 pounds per
thousand. and $3.50 per thousand on Gig
are'tes weighing not more than pounds
per thousand: provided that In lieu OF the
Two three and four ounce packages OF to-
bacco ana snum now authorized by law
there may be packages thereof. containing
20 ounces, 2i2 ounces and Ia ounces re-
spectvely, and in addition 20 packages now
authorized by law there may be packages
containing one ounce OF smoking tobacco.
Insurance.
LlFE-On each policy for each 500 10
cents on the amount insured. Policies on
the Industrial or weekly plan. 30 per cent
OF me amount OF the first weekly premium
Is charged. FraternaI beneficiary societies
and orders. farmers purely local COOPER
auVe companies. employees relief associa-
10 operated on the lodge system or local
cooperative plan. organized and conducted
toiely by the members thereof. for the ex-
profit" are exempted.
MARINE. INLAND. FIRE-On each pol
ICY one-half OF one cent on each dollar
Cooperative and mutual companies are ex-
empied
CASUALTY. FIDELITY. GUARANTEE
zach policy and each bond for the per-
iorm9nce Of the duties OF any Office or most
uoa or other obligation OF the nature OF In
oemnity, ana each contract or OBLIGATION
guaranteeing the validity OF bonds or other
municipal or other public body. or guar
antering titles TO real estate or mercan-
tle credits executed or guaranteed by any
surety company upon the amount OF pre-
Nun Nun charged. 9ne-half OF one cent on each
Proprietary Articles.
Medicinal proprietary articles and prem
Elauons' upor every packet box. bottle
any pills. powders tincturos. troches or
.SS rrll. slrufs, eordials. bitters. sno-
u..-s' toHics' nlesters. linincnts. salves.
oll'henls, PASSES. drops. waters (cxcept
n",eral spring waters and carbonated nat
uiai spring wasers). essences. spirits. oils
tll an medicinal preparations or compo-
s.HoNs whatsoever, made and sold. or re-
moved for sale by any person wherein the
person making or preparing tho same has
% Gains 20 have any private formula or
auy exclusive right where such packet
ete.' does not exceed at the retail price FIVE
- oLe-eighth OF one cent tax. when the
eau price Is between 3 ard 30 cents. one
'ouIih or one cent: between no and % cents
uIte-elghths OF cent: between u and .
lslis. hVe-eighths OF cent. and for each
'-'lt'ohai - cents In value, hVe-eighths
cent tax Perfumery and cosmetics
81" otncr similar articles used az applics-
Tons TO the hair. mouth or skin or other
wise USED. where the packet, box bottle
,,' u9es NOT exceed al the retail price q
~-HlS' one-eighth Of one cent tax. when the
49, N between and 30 cents one-quarter
'ehtna or a cent, between 10 and . cents.
nv eikhihs OF a cent. each additional q
gNls in value. fve-eiEhths OF "a cent tax
lls gum, each package og not more
."an 81 retail value, cents. ard for each
ol'i-ional dollar . cents. Sparkling OF
e."sf wines. when bottled for sale. upon
notue containing one pint or less,
'"'' more Than one pint. cents
inheritance Tax.
taE on inhcritances and ierncies er-
l.Hs $1,000 in personal property 81 pro-
~ ~ follows; on sums between go
POO A-'Dl1-hrst. on benefits 20 the ilueaf
issue or liueai ancestor. brother OF sister on
t.e deceased. az the rate OF 7s cents Tor
ti" second. 20 the descendant OF I
.''.het or sister. at the rate OF 81 30 Tor
ti'p. third. to the brother or sister Of
- ial"tr or mother. or descendant OF a l
-.,,irf or sister OF tho father or mother. [
WE rate or 50 for every 500. fourth. 10 the
e".i 20 sister Of the grandfather or
iner. or descendant Of the broth /
Irr or che grandfather or grand I
'l.lher' 81 Tor every 500. arth. 10 those OF
1t Diner degree Of collateral consanruin- I
"a. y, strangers in blood or q body polite !
f,0 ie. az the rate n g. for every
a leeaciea OF property passing by .
t, ~ the laws OF any state OF terri .
81 ' husband or wife are exempted from /
~ auiy on sums RANKING between /
H.. Hul.oo0. the rates y tax are 20
al, .t ',pilel hy lia, on those ranging from .
tt.I lp 10000. the rates are 10 be- null .
.p.'d hy 9. on those ranging from S-61.6oo 4
o.. ine rates are Co Doe multiplied I
r.f, 'u1 on those above 81 100000. the I
r.t 20 he multiplied by g. The tax is /
s-t IA. yen upon the property until paid l
f.. CURED That the tax shall be- salts /
lhe iegatee is paid