The Savannah morning news., 1901-03-15
WILL SAVE MONEY
" HEN WAR REVENUE TAXES ARE
WITHDRAWN ON JULY L.
MORE THAN $4,000 A YEAR.
THAT NOW LEAVES SAVANNAH
WILL BE LEFT HERE.

chased Average of $1oO,OOO
worth of Stamps n Yearly the
Exemption of Certain Articles on
July 1 This VIII He Reduced to
About s7OOOO-Ordinary Internal
Revenue Collected Here Is About
$4,000 Yenr-ENception VIII BE
WeIcomed-HOw the Law Is
Amended.
The removal of the war revenue taxes
on July. will mean that Savannah will
be relieved of contributions to the gov
eminent that amount to more than $4,000
a year The amount is large, but it is,
nevertheless. the aggregate of money
that is paid out for the stamps on checks,
promissory notes, express shipments,
money orders and telegraph messages and
other things.
Though the burden of abe taxes has not
fallen heavily upon any one person, 1t
has affected all the citizens of Savannah
and has been a decided drain upon the
financial resources of the city. The with
drawal of many of the taxes at the end
OF the fiscal year will be eagerly welcom-
ed by all classes.
The war revenue act was passed juno
lS 1895, and became operative on July l.
IL provided for the taxation of sixty-two
articles The act was so amended by Con-
gress a few days ago as to repeal the
tax upon many of the articles. Others
were reduced. while considerable num-
Der are to be retained. The following is
a statement Of the articles upon which
taxes were imposed by the act and of the
effect of the amendment upon each:
Beer, 50 per barrel and ~ per cent.
discount-reduced 10 $50 per barrel and
"a per cent. discount repealed; bankers
capital and surplus. so to $500, and 81
for each additional 81 0OO-present law re-
tanned; stock brokers, $0-retained; pawn
brokers S2o-retained: commercial brok-
ers, s2-repealed; custom house brokers,
Si0-retained; proprietors of theaters, mu-
eeums and concert halls, s100-retained;
propTietors of circuses, SlO0-retained. pro-
prietors of other public exhibitions, 80
retained: proprietors bowling alleys or
billiard rooms. s. for each alley or table
retained: tobacco and snuff, u cents per
pound-discount Of % per cent; cigars
weighing more than 3 pounds per 1000,
$3.50 per 1Ooe-S3 per $1,000; cigars weigh
ing not more than 3 pounds per 900 81
per 1.00o-ls cents per pound; cigarettes
weighing more than pounds per loo,
$3.50 per 1,009-retained; cigarettes weigh
ing not more than pounds per 1000,
$50 per 1,O0-valued at not
more than 3 per LOO. IS cents per
pound: valued at more than 81 per 1000,
g cents per pound; dealers in leaf tobac
co, s. to $24 retained; dealers in tobacco.
So, retained: manufacturers of tobacco,
s. TO 81. retained; manufacturers Of
cigars, 81 TO S24, retained; bonds, deben-
lures certificates of Indebtedness, etc, 5
cents for each 500 retained; certificates
OF stock, transfers, 2 cents for each $780,
retained and amended so as to include
bucket shops; sales of products at ex-
changes, ! cent for each 800,
cent for each 500, sales of merchandise in
actual course of transportation exempt
ed; bank checks, 2 cents-repealed; drafts
or bills of exchange, inland, 2 cents for
each SlOo-retained; certificates of deposit,
? cents-repealed; promisorry notes, 2
cents for each $1O0-repeaIed; money or
ders,,2 cents for each S1o0-repeaIed; bills
of exchange foreign, cents for each 800
- cents for each 800; bills of lading for
exports, 10 cents-repealed; express re-
ceipts. l cent-repealed; freight receipts
or domestic bills of lading, ! cent-retain-
ed; telephone messages, i cent-repealed;
bonds of indemnity and bonds
not otherwise specified: 50 cents
repealed except bonds of in
demnity; certificates of profit, cents for
each $l00-retained; certificates of damage,
. cents-repealed; certificates not other
wise specified, 10 cents-repealed; charter
party. 50 10 $l0-repealed; brokers' con-
tracts. 10 cents-retained; conveyance, 50
cents for each s500-exempted below 81, 500,
above 81 500. % cents for each $500; tele-
graph messages. l cent-repealed; entry
of goods at custom house for consump-
ton, % cents to $1-retained; en-
al
ed; insurance, life. s cents on each
500 = repealed; marine, inland, fire
one-half cent on each $1-repealed; cas-
uaIty fidelity and guaranty, one-half cent
on each $l--repealed; lease. % cents to 81
repealed; manifest for custom house en-
try. 81 10 s5-repea.ed; mortgage or con-
veyance in trust. % cents for each $150o-
repealed: passage ticket. 81 to $5-exempt-
ed below $50 in value; power of attorney
to vote. 10 cents-repealed power
of attorney TO sell, IS cents
repealed; protest, % cents-repealed;
warehouse receipts, % cents, repealed;
proprietary medicines, Il cent for each s
cents, repealed; perfumery and cosmetics,
X cent for each cents, repealed; chew
ing gum, 4 cents each 81, repealed;
sparkling or other wines, one pint, cent,
more than one pint, cents, retained;
petroleum and sugar refineries. 4 per
cent. gross receipts in excess of $3.50 Co.,
retained; sleeping and parlor car tickets,
] cent. retained; legacies of every de-
scription, various rates; mixed flour, 4
cents per barrel, retained; manufacture
crs of mixed -four, sl2 per annum, re-
tained; tea custom duty of 10 cents per
pound, retained.
The withdrawal of the taxes will mean
relief, not only from the necessity OF
paying heavily for the conduct of war
in the Philippines, but from great in
convenience The banks, telegraph, tel
ephone, express and railroad companies
and In short, all who are affected by the
taxes now, will not have to open num-
erous extra accounts because OF stamps
personal unpleasantness. too, will be
avoided by the withdrawal of the tax, as
many clerks who come In contact with
the public and It's prejudice and peculiar
titles viii testify.
For those articles taxed by the act for
which stamps can be secured In Savan-
nah. in this city there has been expended
annually an average OF $4,000 since the
passage Of the law. BY the removal OF
the taxes from the articles shown i'm the
statement, the amount will be reduced to
about $4,000. When no war taxes are on,
the usual internal revenue collections in
Savannah are about $4,000 year.
An idea of the volume of the drain that
If made upon. Savannah's business inter-
ests by the act may be shown by fig
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