The times. [volume] (Richmond, Va.) 1890-1903, 1900-12-06
REDUCE tt TAX
FOR YlILLION
Chief Items are Sta axes, Beer,
Cigars and Frietary
Article
fBy Associates

WASHINGTON, p 5.-Chairman
Payne, of the Ways a1eans Commit
tee, to-day introduced till reducing the
taxation under the walenue act. after
the Republican membe! the comm tee
had agreed on. the folf the measure
and the articles to res the reduction
OF tux.
The, bill provides an agate reduction
estimated at SD,tG.3iS.
The chief items OF thauction ale tie
stamp taxes amountins22, G00vty; .,aer.
s9.S32, 712:s cigars, S3,1e9.Ifoprietary arti-
Giles, emitting wines. 2S3.
The estimated redu6 in detail us
given out by Mr.. Payne as follows.
Beer, SO, So. IL; ciga1,1S9. 764; special
taxes (section o. cereal brokers.
s13S,2s1: custom-house frs, sSl61; cir
cuses, s11,744: theatres,IS; exhibitions,
not otherwise prov!dedlS; total special
tax, S2S7. $50.
Schedule A-Bank cf $500, 600; GER
tificates of deposit, SIG drafts. inland
$Jc0, Ot0; prom:ssory no3,50g.G03: postal
orders. SGO2. coo; foreiSs of exchange
S1CJCOO; export bill oflg, 100000; ex-
press receipts, sl.2G0,elephone mes
sages, $4,000; bonds ,demnity. $3.50,
COO: certificates, other Of profits, 800
eco: charter party, SIC brokers' con-
tracts. $4,000. conveya 5000 900: tele-
graph dispatches, SS0Insurance, So
100000; leases, $2c0, OJ0;: gages, $500 0GO:
passage tickets, 500, 0OJer of attorney,
etc. 100000; protests,10; warehouse
receipts, $4,000. Tothedule \, 800
242,000.
Schedule B-si,45S, 22S2ss wines, $780,
C00-s394S, 2S3; legaciesaritabie, ETC.,
100000. Grand total, $34S.
BEER TAN JCED.
The bill provides a unit OF twenty
per cent. in the tax per barrel on
beer. in lieu of The pre- IL per cent.
reduction, making the rate S16O per
barrel.
The sections If thr revenue act
taxing commission lers, custom
house brokers. circu theatres and
other exhibition are SIN out.
The rate on dgars lada So instead
of $500 Per one thousI weighing more
than three pou,ds peusand.
Schedule A rtains stamp tax on
corporate stock bonGc., sales, etc,
at Exchanges OF Boar Trade, freight
receipts, certificates tofts, entry of
goods at custom houand entry for
withdrawal of gods f>ustoms bonded
warehouses.
With these eneptiole stamp taxes
under Scheduled arGck out
Chairman Pa.ne's ment gives in
detail the stamp t;omitted under
Schedule A.
Schedule B, which red stamps on
proprietary medicines: preparations,
perfumery and tosme chewing gum.
etc. is amended so sparkling or
other wines are the products requir-
ing stamps.
LETACYN.
Section % OF tie wainue act. relat-
ing to taxes or legacS amended by
adding at the el OF, section the fol-
lowing: :,
- ~ iusu, .i..t ply to .so,,ests
or legacies tor ses nboracte rary,
charitable or edlcat- u
Guiding works otart. o,,,ando5 &c +,
oeclio.l ~ ~ &c and Sections 10,
IL, IS, - and 20 zrc't,,uI' 90 ~,
late to adminiStTaJi
heces .; - ~, amended to read
as follows: ~, ,,,r,oeec of
.etot IN ~ liked flour SHAH be
taken and consi % mean "a? -
nrodllct resultinom, the grinding
,nixing together'hef, or wheat lioui
as the principsoEsttuent. WIN any
other grain. or prodll,t OF any oIiioi
Grain or other rial, except such ma
1erial not the pct OF any gram, as Il
commonly used baking purposes: - ~
yided. that wh.he product reSuitlils
from the grindpr mixing together %
wheat or wheaour with any othel
Grain ar the met of an other gram
of which whea wheat fbur Is NOT w
princiDal constit, as prescribed III III
foregoing detini, is intelded LOT sur
or is sold or led Tor Sile as "he.'
-four. such pro. shall pc held 10 %
mixed flour Wi the menihs OIL LIZ
act"
The bill provi for redeenlhs ieN giiu
The concludiI section provides tina
the act shall t;effect thity days ate
Chairman Pa has calld 1neetin
of the Ways Means o,mmlttee u
to-morrow mo1g. when te expects
have the bill rrted to tn House; n
viii then seek have the bll considere
after the armyleomargarhe and leSl:
1arive hills arasposed of, with a vie
TO securing. act before thcholidays.
The decisioDncerninE Der was a
rived at after ne division ;nc by q
vided vote. was first attempted
make the redrDn on tea, DIT mis- WI
not concurred and the quStloe lecli
ring to beer reduction vas leciu'