The record-union., 1898-04-24
WAR REVENUE BILL.
Estimated That Il Will Produce
One Hundred Million Dollars.

WASHINGTON, April 23.-The war
revenue bill to be introduced into the
House will produce, it is eStimated,
about 500, 900 900 in revenue. The tax
on beer and fermented liquors is IN
creased 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 IL cents
pound; upon cigars to 81 per thousand,
weighing more than three pounds per
thousand, and 50 on cigars Weighing
less than three pounds per thousand;
81 upon cigarettes weighing more than
three pounds per thousand, and g on
cigarettes weighinsz 2ssEia 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.
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 addition to the number
now authorized by law in packages OF
cigarettes, there may be packages con-
tanning eight and sixteen cigarettes
each.
The following licenses are placed
upon tobacco dealers: Dealers in leaf
tobacco whose sales do not exceed $lO,-
900 shall pay a $24 license; those whose
sales exceed $4,000, $4S; dealers in
tobacco whose sales Go not exceed S1O,
600 S4 so: in excess Of that amount
$12
The provisions of the stamp tax in
clude proprietary medicines and similar
preparations, tax of l cent on all
packets, boxes, bottles, etc, which re-
tail at u cents or less; cents between
25 and 80 cents; 8 cents between 80
and 70 cents; cents between ID cents
and 81, and for each 80 cents CT frac-
ton thereof above that amount, an ad-
ditional cents. The same schedule
applies to perfumery and cosmetics.
Chewing gum is made to pay l cent
for packets selling 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 and certificates of
indebtedness after June 1st, issued by
any association, corporation, ETC., are to
pay ; cents on each 800 or fraction
thereof issued, and on all transfers of
shares or certificates of stock, cents
on each 800 of face. On bank checks
and drafts exceeding $50, cents; bills
of exchange, drafts on sight or promis-
sorry notes for circulation, rot exceeding
500. ) cents; between S100 and $500,
10 cents; between 5000 and $3.50 Is
cents; between $3.50 and $500. 20 cents;
$500 and S700, 80 cents; $3.50 and
$1,000. 30 cents; 81 900 and $500. 81:
81. 800 and $1,000, 81 80, and for each
50, 800 in excess of $1,000. ST. Foreign
bills of exchange. letters of credit, in
cluding express money orders. to pay
the same rate as bills of exchange or
promissory notes, except when drawn
in sets of $50 or more, when each bill
of each set where the sum payable does
not exceed $50, 8 cents. Above that
there is a graduated scale. running ST
for 81 500, and 80 cents for each $500
additional.
Bills of lading for goods. merchandise,
etc. for export, 10 cents each; express
packages, l cent upon all ench as iay
not to exceed 20 cents: between %
cents and 81, 2 cents; in excess Of 81,
) cents.
Indemnifying bonds, 80 cents: all
u
ings, 25 cents; certificates of profits
on each 800 of face value. . cents; GER
tificates of damage or otherwise issued
by Port Warden. % cents
Chairman Dingley made the following
statement regarding the revenue to be
raised from the bill:
THE Ways and Means Committee es-
innate the increased revenue that
,x,o,,lJ bo dorivad from tho roxyaY,,o ,ro
posed would be from $4,000 900 to
100000, 900 distributed as follows:
Fermented liquors, $50, 600 900; tobac-
co, $15.000000; cigars, $15, 600;
dealers in tobacco and cigars, $1,000
COO; stamp taxes on documents. tele-
grams, ETC., S30,000,O00; stamp tax on
wines, minerals. ETC., undetermined;
tonnage tax on vessels engaged in for
eign trade, $2.000000
Tea and coffee are not touched, as all