The Kalispell bee. [volume] (Kalispell, Mont.) 1900-192?, 1901-03-05

statutory charge is based.
), S. l. L. Smith, attorney for De
Cordova, makes this statement:
"Mr. De Cordova denies absolute
ly that there was any misconduct
whatever. then or at any time
WAR REVENUE REDUCTIONS.
The conferees of the senate and
house upon the war revenue reduc-
ton bill have announced the result
OF their deliberations. The commit
tees rpOrt shows a compromise all
along the line, making many changes
from the original bill. The total
reductions will amount to 100000
annually. The principal changes
and reductions made are as follows:
Tobacco-Twenty per cent discount
OF the original tax of IL cents per
pound, as against rs per cent reduc-
ton, as nxed by the senate and none
as the bill passed the house. The
rate agreed on will make the tax
$3.50 per 100 pounds, as stated in
these dispatches yesterday.
Cigars - On those weighing more
than three pounds per thousand the
house rate of So per thousand was re-
tanned, as against $3.50 as fixed by
the senate, and $3.50 as in the pres
ent law. On those. weighing less
than three pounds per thousand the
senate rate of 10 cents per pound
was allowed to >stand, as against the
rate of 81 per thousand as fixed by
the existing law, which was not dis
turbed by the house.
Cigarettes On those weighing
not more than three pounds per thou
sand the senate's action fixing the
rate at IS cents per pound prevailed.
The house did not change the exist
ing law.
Beer - The house rate of $3.50
per barrel and repeating the IL
per cent discount was retained.
Bankers capital - Present law re-
tanned. the senate receding from it's
amendment.
Commercial brokers' tax - Repeal
ed in accordance with the original
action of both houses.
Certificates of stock transfers =
The rate of 2 cents for each 500 is
retained, and the senate amendment
MAKING the law include the transac-
tiOns of bucket shops was accepted
by the house conferees.
Sales of product at exchange -
The senate amendment exempting
sales of merchandise in actual course
of transaction was accepted by the
rate of l cent for each 500, as fixed
by the present law, the senate amend
ment making the rate 2 cents being
disagreed to.
Bank checks = Repealed in accord
ance with the house action.
Certificates of deposit Tax re-
pealed.
Promissory notes - Tax repealed.
Money orders - Tax repealed.
Bills of exchange, foreign - The
rate fixed at 2 cents for each 500 in
accordance with the senate amend
ment.
Bills of lading for export Re-
pealed.
Express receipts - Repealed.
Telegraph messages Repealed.
Miscellaneous bonds - Tax repeal
ed, except upon bonds of indemnity.
Certificates of damage and certif-
Gates not otherwise specified - Re-
pealed.
Charter party - Repealed.
Conveyances - Exempted below
$4,000; above $4,000, rs cents for
each $500. in accordance with the
senate action.
insurance - Tax repealed on all
kinds of insurance in accordance
with the action of the house the
senate conferee receding on all SEN
ate amendments.
Leases - Tax repealed.
Mahifests - Tax repealed,
Mortgages Tax repealed.
empted 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 receipts - Tax re-
pealed.
Proprietary medicines - Tax re.
oealed in accordance with house &C.
ton, the senate amendment being
disagreed to.
Perfumery and cosmetics - Tax
'epaled.
Chewing gum-Tax repealed.
Legacies - Law modified so as to
exclude from taxation legacies of
'harlties, religious, literary or. educa-
ional character.
The total reduction of the revenues
Is made by the bill as agreed upon
Will amount to about SAL 200, 900, as
lgalnst reduction of s4O.-
100000 as it passed the house and
100000 as amended by the SEN
tie.
The provisions of the bill as agreed
lpon will take effect on the 1st of
lext July.
Following are the detailed esti.
mates of reductions made by Repre-.
entative Payne, one of the house
onferees:
Commercial brokers $4,000; Ger.
lcates OF deposit 100000; promis-
DRY notes, $3,5OO,OOO; bills of lading
OF exports 100000; telegraph dis
atches 100000; telephone messages
$4,000; bonds. other than indem-
ity $4,000; certificates not other.
Use specified 100000; charter par.
y 100000; cOnyeyances Il 7s0 fOO.