Daily inter mountain. [volume] (Butte, Mont.) 1881-1901, 1901-02-28
Many TAXES ARE REPEALED
ANNOYING LITTLE THINGS THAT
BROUGHT IN GOOD MONEY
ALTOGETHER.
CHEWING GUM AND MEDICINES.
Many Things Now Go Free-A Total
Reduction of Sal 100000
Per Year.

Washington, Feb. 2S.--The cOnferees
If the senate and house upon the war
revenue reduction bill today announced
the result of their deliberations. The
report of the committee shows COM
promise all along the lines Of the bill,
and charges in the present law being
jas follows:
Tobacco-Twenty per cent discount
from the original tax of II cents per
pound as against 25 per cent reduction,
as fixed by the senate, and none as
the bill passed the house. The rate
agreed on will make the tax $500 per
100 pounds. as stated in these dispatches
yesterday.
Cigars-On those weighing more than
three pounds per 1000, the house rate of
SO per 1000 was retained, as against
$3.50 as fixed by the senate and $3.50
as in the present law. On those weigh
ing less than three pounds per 1000, the
senate rate of IS cents per pound was
allowed to stand, as against the rate
of 81 per 1000 as fixed by the existing
law, which was not disturbed oy the
house.
Cigarettes-On those weighing not
more than three pounds per 1000, the
senate's 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
rel and repeating the 7h per cent dis
count was retained.
Bankers captal-Present law re-
tanned, the senate receding from it's
amendment.
Commercial brokers' tax-Repealed in
accordance with the original action of
both houses
Certificates of stock tranSferS--The
rate Of 2 cents for each $1OO is retained.
and the senate amendment making the
law includes the transactions of bucket
shops. was accepted by the house con-
ferees
Sales OF products at eXchances-The
senate amendment accepting sales of
merchandise in actual course of trans
portation was accepted by the rate of
l cent for each $100, as fixed by the
present law, was retained, the senate
amendment making the rate cents be-
ing 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Bank checks--Repealed in accordance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Certificates of deposit--Tax repealed.
Promissory notes-Tax repealed.
Money orders-Tax repealed.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 cents for each 500, in ac-
cordance with the senate amendment.
Bills of lading for export-Repealed.
Express receipts-Repealed.
Telegraph MESA ages-Repealed.
Miscellaneous bonds--TaX repealed,
except upon bonds Of indemnity.
Certificates of damage and certificates
not otherwise specified-Repealed.
Charter party--Repealed.
Conveyances-EXemp below $4,000,
above $4,000, twenty-five cents for each
$500, in accordance with senate action.
Telephone messages-Tax repealed.
1nsurance-Tax repealed on all kinds
of insurance in accordance with the ac-
tion Of the house, the senate Ionferees
receding on all senate amendments.
Licenses-Tax repealed.
Manifests-Tax repealed.
MOrtgages--TaX repealed.
Steamship passage tickets-Exemptetl
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 repealed.
Proprietary medicines-Tax repealed
in accordance with house action, the
senate amendment being disagreed to.
Perfumery and cosmetics-Tax re-
pealed.
Chewing gum-Tax repealed.
Legacies-Law modified so as to ex-
clude from taxation legacies of chari-
table. religious, literary or educational
character.
The total reduction of the revenues,
as made by the bill as agreed upon, will
amOllnt tn about mn OOO o~o;rc<
a reduction of SAC, 100000 as it passed the
house and $45,000,C coo as amended in the
senate.
The provisions of the bill as agreed
upon will take effect on the first of next
July.
AGREE TO Sunday CHASING