Keowee courier. [volume] (Pickens Court House, S.C.) 1849-current, 1901-06-19
EVERYONE WILL REJOICE.
Changes In the Internal Revenue Stamp Tax
to Take Effect July l..

to Take Effoct July l.
Changes in the internal revenue
stamp tax law, by which the special
tax will be modified or removed, will
go into effect July l. While this
change will save 8 large amount Of
money to business people and others
the financial gain will be small com
pared to the joy which will prevail at
the ending of regulation which
caused no end of worry. After July
there will be no stamps on bank
checks, kilograms, bills of ladipg,
bonds, sight drafts, express receipts,
mortgages and scores of other docu-
ments. There is also q list of "modi-
fed articles" where reduction will
be allowed, and the tax will remain
on many articles and for many
dealers until further orders from the
government.
Practically every person has been
more or less affected by the special
war tax put on to defray expenses
of the Spanish war. The amounts
which the people had to pay were
small in many instances, but it all
counted in the end. If person did
not spend a dollar he would be
caught by the tax in the event of
receiving bequcst or the like. The
tax was meant for the public, and by
the whip-saw methods almost the
entire population was reached
The internal revenue bu. III in
order to let the public know D y.sely
how far its interests are affected by
the new law has given out the fol
lowing statement, which the officials
think covers the entire ground:
REPEALED.
Bank checks, 9 cents.
Bills Of lading for export, 10 cents.
Bond of obligation by guarantee
company, onc-half of cent on each
dollar.
Certificates of damage, 25 cents
Certificates of deposit, 9 cents.
Certificates not otherwise spcci-
fed, 10 cents.
Charter party, SO to $40.
Chewing gum, 4 cents each 81.
Commercial brokers, $50.
Drafts, sight, 500.
Express receipts, cent.
lnsurance-Lifc, cents on each
800; marine, inland, fire, one half
cent on each 81 /; casualty, fidelity
and guaranty, oDc-half cent on each
81.
Lease, 25 cents to 81.
Manifest and custom house entry,
81 to IS.
Mortgage or conveyance in trust,
25 cents for each $1,000.
Order for payment Of money on
sight or on demand.
Perfumcry and cosmetics, one
half cent for each cen !.
Power Of attorney to vote, 0 cents
Power of attorney to sell, rs cents.
Promissory notes, cents for each
800.
Proprietary medicines, one eighth
of cent for each cents.
Protest, 25 cents.
Telegraph messages, cent.
Telephone messages, cent.
United States money orders, 2
cents for each 800.
Ware house receipts, rs cents.
MODIFIED.
Beer, 81 per barrel and y per
cent discount, changed to 81 go per
barrel and u per cent discount
repealed.
Bills Of exchange, foreign, 4 cents
for each 800; changed to 2 cents
for each 800.
Cigars, weighing moro than three
pounds per 1000, $500 per 1000 !;
changed to *3 per 900.
Cigarettes weighing not more than
three pounds per 1000, $3.50 per
1000; changed to, valued at not
more than ~ per 1000, lS cents
per pound ; valued at more than 81
per 1000, 36 cents per pound
Cigars weighing not more than
three pounds per 1000, 81 per 900; {;
changed to 18 cents per pound.
Conveyance, so cents for each
5000; now exempted below $4,000 !;
above $4,000, 25 cents for each $500.
l.egacios-Iaw modified 80 as to