The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1901-03-01
AGREE ON REDUCTION
OF WAR REVENUE
Many Changes to Be Made in the
Present Law.
DEMOCRATS SATISFIED
LIST OF ARTICLES ON WHICH
TAXES ARE CANCELLED.

Washington, Feb. 2S.-The cOnferees
Of the senate and house upon the war
revenue reduction bin today announced
the result of thei- deliberations. The
report Of the committee shows a com
promise ali alOnE the lines OF the bill,
the changes in the present law being
as follows:
Tobacco. 20 per cent discount Of the
original tax OF u cents per pound. as
against p per cent reduction as fixed
By the senate, and none as the bill
passed the mouse. The rate agreed on
VIII make the tax $3.50 per 100 pounds,
as stated in these dispatches yester-
das-.
Cigars-On those Weighing more than
three pounds per 1000, the house rate
Of So per 1000 was retained, as against
$3.50 fixed by the senate, and $3.50 as in
the present law. on those Weighing
less than three pounds per 1000, the
senate rate of Is cents per pound was
allowed 10 stand, as against the rate
or 81 per 1000, as fixed by the existing
law, which was not disturbed by the
house.
Cigarettes-On those weighing not
more than three pounds per ], 900. the
senate action fixing the rate at is cents
per pound prevailed. The house did not
change the existing law.
Beer-The house rate Of SLIGO per bar
count was retained.
Bankers caDitaI-Present law re-
tanned, the senate receding from its
amendment.
Commercial brokers' tax-RepeaIed,
in accordance with original action Of
both houses.
Certificates of stock transfers-The
rate of , cents for each $100 is retained,
and the senate amendment making the
law include the transactions of bucket
eor f,I h.
fereeS.
Products at Exchanges.
Sales of products at exchanges-The
senate amendment eXempting sales OF
merchandise in actual course of trans
pOrtation was accepted, but the rate of
1 cent for each 800. as fixed by the
present law. was retained, the senate
amendments making the rate cents
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Bank checks Repealed, in accordance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Certificates Of deposit-Tax repealed.
PrOmissOry notes-Tax Repealed.
Money OrderS-TaX repealed.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, fOreign-The rate
fixed at 2 cents for each 800. in ac-
cordance with the senate amendment.
Bills of lading for eXpOrt-Repealed-
Express receiDts-ReDealed.
Telegraph encyclopaedia.
Miscellaneous bOnds-Tax repealed,
except upon bonds of indemnity.
Certificates of damage and certifi-
Gates not otherwise pecified-Repealed
Charter party-ReDealed.
Veyances-EXempted below $500;
above $500, % cents for each 5000, in
accordance with senate action.
Telephone messages Repealed.
Insurance Tax Repealed.
Insurance Tax repealed on all kinds
of insurance, in accordance with the
action of the house, the senate con
ferees receding on all senate amend
ments.
/ LeaseS-Tax repealed.
ManifeStS-TaX repealed
AIOrtgages-TaX repealed.
Steamship passage tickets-Exempte
below $50 in value, and the rate fixed
at so cents for each $50 in cost in price
and over.
Power of attorney-Tax repealed.
PrOteSt-TaX repealed.
Warehouse Teceipts-TaX repealed.
Proprietary mediCines-Tax repealed.
in accordance with house action, the
senate amendment being disagreed to.
PerfUmery and cOsmetics-Tax re-
oealed.
Chewing gum-Tax repealed.
Legacies-Law modified 50 as to ex-
clude from taxation legacies of char
liable. religious. literary or educational
character.
The total. reduction of the revenues
as made by the bill as agreed upon will
1
a reduction of 100000. 900 as it passed
the house, and $45, 100000 as amended in
the senate.
The provisions of the bill as agreed
upon will take effect on the first OF next
July.
The Democratic cOnferees signed the
report. which is looked upon as remov-
ing all doubt as to the passage of the
bill.
Following are detailed estimates of
reductions made by Representa- tive
Payne, one of the house cOnferees:
Commercial brokers'. S156. 600; certifi-
Gates of deposit, 100000; pTomissOry
notes, $500, 600; bills of lading FOR eX-
| ports. 500. eco; telegraph dispatches,
$500, eco; telephone messages. S315,O00;
bonds. other than indemnity, SZ5.000;
| certificates not otherwise specified,
! S200, 900; charter party, 500 600; convey
| ances. 81, $50 000; insurance, $1,000. 600;
| leases, $500, 900; mortgages. 100000;
| passage tickets 100000; power of at
/ tOrney, 500, 600; protests, $3.50 000; ware
j house receipts, $3.50. 600; express re-
| ceipts $500, 600; proprietary medicines.
| cosmetics and chewing gum. S95O,OO0;
/ legacies, $500. 900; cigars, SO, 100, 900; to-
| baccO, 81. GOO, 600; small cigars and Gig
/ arettes, 500, 600; beer, S19,SO0, O00; hank
! checks, 81. 600 600; foreign bills of ex-
/ change, $50 900; money orders, S602, 600;
| manifest for custom houses, S6O, 600.
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