Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1898-04-28


sure which the republican members
of the committee prepared. 1t is the
intention of Mr.. Dingley to press the
bill tomorrow and he hopes TO have it
through the house before adjournment
Thursday. 1t is probable that this
program will meet with opuC -'ur
from the democrats, who have not
been consulted in the preparation and
will not have an opportunity to see
it until it is presented to the full COM
mittee tomorrow. They are inclined
to think that they have been unfairly
treated. AS it is distinctly war
measure in which they are expected to
acquiesce without opposition, they be-
lieve they should have been consulted
in its preparation. The democrats
have already decided to offer an in
come tax amendment Chairman
Dingley estimates that the measure,
as framed, will raise between $50, 0O0,-
900 and 800, 100000. Tea, coffee, rail-
road tickets and petroleum, all OF
which were considered at different
times as subjects for taxation, were
not touched in the bill.
Washington, April 24-The ways
and means committee has agreed on
a war tariff bill. A S500,0 900 loaa
is provided in the bill in the form OF
8 per cent. ten-twenty bonds One
hundred million dollar certificates OF
Indebtedness to bear per cent. inter
est are also provided for.
The tax on beer and fermented
liquors is increased from 81 to 81 a
barrel, but no rebate for unused beer
and destroyed stamps is allowed. The
tax on tobacco and snuff is increased
to II cents pound, upon cigars to 81
per thousand weighing more than
three pounds, 81 upon cigarettes
weighing more than three pounds per
1000, and 81 on cigarettes weighing
less than three pounds. A compensa-
ting tax of half that amount, which is
the amount of the increase, is to be-
levied upon the stock of cigars and
cigarettes on hand. The following
licenses are placed on tobacco dealers:
Dealers in leaf tobacco whose sales do
not exceed $4,000, shall pay $24 Ii
cense; those whose sales exceed S10,-
coo, $48; dealers in tobacco whose
sales do not exceed $4,000, $3.50; in
excess of that amount, $12.
The provisions of the stamp tax in
clude proprietary medicine and similar
preparations, tax of 1 cent on all
packets, boxes, bottles, etc., which re-
tail for 15c less, cents between %
and so cents, cents between so and
rs cents. cents between rs cents and
81, and for each so cents or fraction
thereof above that amount an addi-
tional cents. The same schedule ap-
plies to perfumery and cosmetics.
Chewing gum is to pay / cent for
packets selling for cents and cents
for packages exceeding cents.
Ginger ale and mineral waters are to
pay 1 cent pint and wines cents
per pint.
Bonds, debentures or other certif-
icates of Indebtedness after June / is
sued by any association, corporation,
etc, must pay cents on each 500 or
fraction Thereof issued and on all trans
fers of shares or certificates of stock
cents on each 500 of face On bank
checks and drafts exceeding $40 a
cents must be paid. Bills of exchange,
drafts at sight or promiss ~ notes for
circulation net exceeding S100 5 cents;
between $1O0 and 5000, 10 cents; be-
nd hot
$3.50 and $500, 20 cents; $500 ard $3.50,
80 cents; $3.50 and $1,000, 40 cents;
$1,000 and $4,000, 81; $500 and $4,000,
$3.50, and for each $4,000 in excess of
$4,000, ST. Foreign bills of exchange,
letters of credit and express money
orders to pay the same rate as bills of
exchange oT promissory notes except
when drawn in sets of three or more,
when for each bill of each set where
the sum payable does not exceed $3.50,
3 cents. Above that there is a grad
uated scale running up to 81 for 81 500
and 80 cents for each $4,000 additional.
Bills of lading and receipts for goods,
merchandise, ETC., for export 10 cents
each for each package, l cent on all
such as pay not to exceed 20 cents;
between 25 cents and 81, 2 cents in ex-
cess Of 81, 5 cents.
Indemnifying bonds, so cents all
other bonds required in legal proceed
ings, % cents; certificates of profits
on each 500 of face value, 2 cents;
certificates of damage or otherwise is
sued by port wardens, % cents.
Chairman Dingley made the follow
ing statement regarding revenue to be
raised from the bill: "T'he ways and
means committee estimated that the
increased revenue derived from the
war measure proposed will be from
100000 to 800, 100000, distributed
as follows: Fermented liquors, S25,-
100000; tobacco, s15,000000; cigars,
S5,000,000; dealers in tobacco and CT
gars, s5,000,000; taxes on documents,
kilograms, ETC., s30,OOO,0O0; stamp tax
on wines, mineral waters, ETC., undeter-
mined; tonnage on taxed vessels en-
gagged in foreign trade, s2,000,000. Tea
and coffee are not touched, as all
measures proposed for war revenue
are internal revenue taxes"
Washington, April Ex-senator
Teller expressed the opinion that the
house war revenue bill could not pass
the senate with the bond proposition
included. Il do not think the time
has come when we need to authorize
the issue of bonds.'' he said. Sena-