The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-03-01
Conferees Reach a Final Agree
ment and Both Houses Promptly
Adopt Their Report.
BEER RATE is CUT TO SLIGO.
Reductions Made on Cigars and
Tobacco and Telegraph and
Express Provisions
Repealed.

Washington. Feb. 2s.-The conferees OF
the Senate and House upon the war-reye-
nue-reduction bill to-day announced the re-
suit OF their deliberations upon that
measure. AS already stated. the report of
the committee shows n compromise all
along the lines of the bill, the changes in
the present law being as follows:
Tobacco-Twenty per cent discount of the
original tax of IL cents per pound, as
against % per cent reduction as fixed by
the Senate and none as the bill passed the
House. TIL rate agreed upon will make the
tax $3.50 per 100 pounds.
Cigars-On those weighing more than
three pounds per 1000 the House rate Of 50
per 1000 was retained, as against $3.50 as
fixed by the Senate and $500 az in the
present law. On those weighing less h
three pounds per LOCO. the Senate rate of
Is cents per pound was allowed to stand, as
against the rate of 81 per thousand as
fixed by the existing law. which was not
disturbed by the House.
Cigarettes-On those weighing not more
than three pounds per thousand the Sen
ate action fixing the rate at IS cents per
pound prevailed. The House did not change
the existing law.
Beer Tax Placed at 81. 60.
oeeI-lHe T1cuSe rate VI Sl.oU per L
and repeating the ~ per cent discount
was retained.
Bankers C~apital-Present law retained,
the Senate receding from its amendment.
Commercial Brokers' Tax-Repealed in ac-
cordance with original action Of both
houses.
Certificates of Stock Transferable rate
OF 2 cents for each 500 is retained and the
Senate amendment making the law include
the transactions of bucket-shops was ac-
cepted by the House conferees.
Sales Of Products at Exchanges-The Sem
ate amendment exempting sales of mer-
chandise in actual course of transportation
was accepted. but the rate of 1 cent for
each 500. as fixed by the present law, was
retained. the Senate amendment making
the rate 81 being disagreed to.
Bank Checks-Repealed in accordance
with the House action.
Certificates of Deposit-Tax repealed.
PrOmisSory Notes-Tax repealed.
Money Orders-Tax repealed.
Bills of Exchange, F~oreign-The rate fixed
at 2 cents for each 500 in accordance with
the Senate amendment.
N9as&raph and Express Tax Repealed.
Bills of Lading for Export-Repealed.
Express Receipts-Repealed.
Telegraph Messaees-Repealed.
miscellaneous Bonds-Tax repealed, ex-
cept upon bonds Of indemnity.
Certificates of Damage and Certificates
Not Otherwise Specifed-Repealed.
Conyeyances-Exempted below $3.50;
above $500, % cents for each $500, in ac-
cordance with Senate action.
Telephone Messages-Tax repealed.
lnsurance-Tax repealed on all kinds of
insurance In accordance with the action of
tne House. the Senate conferees receding on
all Senate amendments. ]
Leases-Tax repealed. 7s-r- .
Manifests-Tax repealed.
M~ortgages-Tax repealed.
steamship Passage Tickets-Exempted be-
low $50 IN value, and the rate fixed at so
cents for each $50 in cost for that price
and over.
Power Of Attorney-Tax repealed.
Protest-Tax repealed.
warehouse Receipts-Tax repealed.
Taken on Patent Medicines,
Proprietary Medicines-Tax repealed in ac-
%cordance with House action, the Senate
amendment being disagreed to-
Perfumery and Cosmetics-Tax repealed.
Chewing Gum-TaX repealed.
Legacies-Law modified so as to exclude
from taxation legacies of charitable, re-
ligious. literary or educa tional character.
The total reduction of the revenues as
made by me bin as agreed upon will
austi on OF q, $5o,o GOO, QUO as 1t passed the House
TIL provisions of the bill as agreed upon
Will take eff ct on the 1st Of next July,
The req TT of the conference was pre-
scented and adopted without division in
both houses.