The age-herald., 1900-12-06
MIR. PAYNE'S BILL TO
 REDUCE THE WAR TAX

Washington, Dec. 5.-Chairman Fayne ol the ways and means committee today intro duced a bill reducing taxation under the war revenue act, after the Republican members of the committee had agreed on the form of the measure and the articles to receive the reduction of the tax. It Is intended to have the full committee act on the bill tomorrow and to put it through the house before Christmas. The bill pro- vides an aggregate reduction estimated at S4O OOO.S4S
 The estimated reductions in detail as given out by MT. Payne are as follows:
 Beer, $9,SS2,712; cigars, $S,1S9,76l; special taxes (section 9, commercial brokers, s1SS,- 2S1; custom house brokers, $S167; circus, $11,741; theatres, s47,17S; exhibitions not otherwise provided, $S4,2lS Total special tax, S2S7 5S9.
 Schedule "A"-Bank checks, s7,000, ,00O cer- tifcates of deposit, $200,OOO; drafts inland, S500000; promisory notes, $9,50O0O0; postal orders, S6O2, GOO; foreign bills of exchange $1OO,OOO export bills of lading, $10O,OO0; eX- press receipts, $1,20O,0O0; telephone mes sages, $315, 900; bonds of indemnity, $250,OOO certificates other than of profits, S2Oo,oOo charter party, S1OO,OOO; brokers contracts S1OOOOO; conveyances. s3,OOO,000; telegraph dispatches, SSO0,0OO; insurance, S3,OOO,OOO leases, $2OO,OOO; mortgages, $S0O,OOO; passage tickets, $2OO,0OO; power of attorney, etc., s1OO 900; protests, $25, ,OOO warehouse receipts, S25O OOO Total schedule "A" $22,242,OOO.
 Schedule "B"-$4,54S,2S3 less (wines, $6OO,- 000), 8, ,94S, ,2S3. Legacies, charitable, etc., 5000 GOO; grand total, $40, ,000,34S.
 The bill provides a discount of $2O per cent in the tax of s2 per barrel on beer, in lieu of the present 715 per cent. reduction, making the new rate $1.60 per barrel.
 The sections of the war revenue act tax ing commercial brokers, custom house brok- CTS, circuses, theatres and other exhibitions are stricken out
 The rate on cigars is made s3 instead of $36O per 1000 weighing more than three pounds per 1000.
 Schedule "A" retains the stamp tax on corporate stock bonds, etc., sales etc., at exchanges or boards of trade, freight re- ceipts, certificates of profits, entry of goods at customs house and entry for withdrawal of goods from customs bonded warehouse With these exceptions the stamp taxes under schedule "A" are struck out.
 Schedule B." which required stamps on proprietary medicines and preparations, perfumery and cosmetics, chewing gum, etc, is amended so'that sparkling or other wines are only products requiring stamps
 Section 29 of the war revenue act, relat- ing to taxes on legacies, is amended by adding at end of said section the follow ing:
 IDrn 1a1 tnaf shall be construed to apply to bequests or legacies for uses of a religious, literary, charitable or educational character, includ- ing works of art"
 Section 35 of the act is amended to read as follows:
 Section 35-That for the purposes of this act, the words mixed flour shall be taken and construed to mean the food product resulting from the grinding or mixing to- gether of wheat or wheat flour, as the~ principal constituent, with any other grain or the product of any other grain or other material, except such material not the pro- duct of any grain, as is commonly used for baking purposes, provided, that when the product resulting from the grindings or mixing together of wheat or wheat flour with any other grain, or the product of any other grain of which wheat of wheat flour is not the principal constituent as specified in the foregoing definition is intended for sale or is sold, or offered for sale as wheat flour, such product shall be held to be mixed flour within the meaning of thfs act"
 The bill provides for redeeming revenue stamps heretofore issued and not used. The concluding section provides that the act shall take effect thirty days after Its passage
 Chairman Payne has called meeting of the ways and means committee for to- morrow morning when he expects to have the bill reported to the House. He will then seek to have the bill considered after the army, oleomargarine and legislative bills are disposed of, with view to se- curing action before the holidays.