The times. [volume] (Richmond, Va.) 1890-1903, 1900-12-08
REPORT IN WAR TAX BILL.
Reduction of s4o.ooo,oo0 Favored by
IseDu bIiCans.
lRr Associated Pres

WASHINGTON. Dec - Chairman
Payne. Of the Ways and Means Commit
tee, late this afternoon submitted the re-
port of that committee. signed by all the
Republican members. in favor of the bill
reducing the War revenue taxes about
$ioG0O,UDH. The report says in part:
We find it still necessary to maintain
an army of 100 coo men until law and order
Is fully restored in all our possessions.
We lind ii also necessary to provide troops
u man The Qualifications which we have
been building the last few years, and also
to provide sufficient force in the navy
TO man the vessels we have recently added.
1he increasing navy, too, brings new nee
essities.
SURPLUS SHOWN.
The report of the Secretary of the
treasury for the fiscal year ended June
81. 1860 shows q surplus of SI9,o 0G0. His
estimates fer the fiscal year ending June
-, 1901. would leave an estimated surplus
OF eighty millions of dollars. For the fis-
cal year ending June 80. 1902, his estimates
ieafe an esctimated surplus of only S26,-
2oS,2S1 For 1902 there is an estimated in
erase IN the revenue of twenty-nine mil
Mons OF dollars over the previous year.
ana an increase Of expenditures OF nearly
shty-three millions Of dollars. The COM
mlttee deem it safe to make a reduction
OF about forty millions of dollars, While
The Secretary OF the Treasury, in his re-
pert, susgests<a reduction Of only thirty
nnilions IN the revenues. The comm 'ttee
has entirely abolished the most vexatious
taxes and reduced those which seen to have
proved a great burden upon tht, several
nianches CT trade to which they are ap-
p!.eo. On peer a war tax of So cents a
barrel was added to the tax of one dol
ias "a parrel previously imposed.
THE BEER TAN.
ne committee believe that the amend
men! proposed in section one of the bill.
making a net reduction of % cents per
' oai iei' s.NeS 1he Deer manufacturers all
the relief to which they are entitled.
In tie war revenue act the tax upon
cigars averaging more than three pounGs
in wetSht TO the thousand, was made So aO
ms Sixty cents per thousand was very
onerous TO the manufacturers, espe,ialiy
those ensageu N L small way and maxim.
the cheaper grads of e:sars 1t has been
lmfos.,aole TO distribute any of this sixty
cents IN making price to the consumer.
and the factories have had to bear the en-
tire tax of over three millions of dr,ia-.
last year. The committee have. therefnra
reported I'm amendment reducing this fay
at the rate of sixty cents per thousand >,
The report then sves the changes in 10
tail. The one cent tax on express receipts
and telegraph messages has caused more
NiASSPiStN aiii3oS dllSeE anu trouble HAN
anything else in the act The commjftaa
therefore, have stricken these taxes from
the law.
After ths reduction of forty million
dollars shall take effect, leaving a reye.
nue. of sixty-tive million dollars under the
war revenue act. that sum will be barely
sufficient to meet the train of extraora
nary expenditures which follow the close
of actunl hostllitles we are .certainly
Justified tn maintaining the war revenues
up to point equal to the extraor,iina ~
expenditures entailed by the war