The Denison review. [volume] (Denison, Iowa) 1867-current, 1901-03-05
CONGRESS VORiAX CUT
War Revenue Re.qtion Bill
Adopted Without vision.
REPEAL SOME PRt1sloNs.


Tax ON Bank Checks, Proniorv Notes.
Express Receipts, TelesIaiand T.le-
phone Messages aud Mortgas knocked
Out--Senate Makes Coucessia
Washington, March ...-Aiimmense
amount of business was d,osed of
by the senate yesterday al not
single point raised was sh3,ly con
troNerted. The river and ha,or bill. !
carrying appropriations of me than
$5O,oO0,000, was passed whout
word OF dissension, aud th}senate
adopted the war revenue reductG bill
without disturbing in the lea| the
mill-pond smoothness OF the plteed-
ings. Final conference reportswere
made and agreed to OH the dipldatic
and consular and the agricultural ap-
preparation bills and another CIDER
ence on the postoffice appropriaion
was agreed to. Conferences on se1ral
other measures We're agreed to. HE
last hour and Il half of the session VAS
devoted to the consideration of lie
civil sundry bill.
The house cleared the decks yesA-
day number of important confAA
ence reports without much difficultS
The final reports on the diplomat
and consular and agricultural appp
priation bills were adopted The mn;
jor part of the day was devoted to tide
bill to promote the efficiency of the
revenue cutter service. The confsr-
ence report ON the war revenue redac-
ton bill proved generally acceptable
TO both sides and was adopted withlt
division. Mr., Richardson. the min5r-
ity leader. acqnieSced in it as the bkt
that could be done, although he stated
that the minority still believed de
war taxes should be reduced S7O.O0o,-
600.
The ren@rt as agreed to shows con-
promise al along the lines Of the bin
the changes in the present law bei,s
as follows:
War Revenue Reduction.
Tobacco-Twcntv per cent discount of the
original tax of II cents per pound. a:
the seia;" and none as the bill passed the
house. The rate agreed upon will make
IN" tax 500 ner hundred pounds
s1gars-On those weighing more than
three pounds per thousand the house rate
of 81 per thousand was retained as against
S3.30 as fixed by the senate and $3.50 as
In the present law. On those weighing less
than three pounds per thousand the senat.
rate OF Is cents per pounds was allowed tt
stand.
Cigarcttes-On those weighing net more
than three pounds PEI. thousand the senate
action fring the rate at 1S cents per pount
prevailed.
Reer-lhr house rate of 81 60 per barre
and repeating the 7lh per cent discoun
was retained
Bankers Canital-Present law retained
Commercial Brokers Repealed.
Certificates of Stock Transfers. The mt,
of cents for each 81 .00ois retained and tn,
lions Of bHaeeP s5pl aas asSslb M
house confernes. 5s G5ssS is
Sales of Products at Eychanges-AThe sen
ate amendment exempting the sales o
merchandise in the actual course of trans
portGtion was accepted hui the rate of
cent for each 500 as fixed by the preSen
law was retained
Bank Checks Repealed in accordanc,
with the hnus" action.
Promissorv Not"s--TaX renrnled.
Money Or'"'.s- raX repealed
Ellis of F-s.lnn~n. tn""'mI-The rat
fixed at . ct.nf.; for each 500
Rlls of IaPi"" for Exnort -Repea!el
F:y"-nss Rcir iaanealnd
Telegraph Mnssng .s-- Penaa!na
MISCELLANEOUS Bonds-'rrS Repealed. ex
cent u.on bonds of Indemnity
Certificates of Dnmag" :nd Certificate
Not Otherwise Sn""i.in.!--Repealed.
Charter rartr-E"nna!nil.
Convevances Exempted below s2.5OC
above $4,000 - cents for each $500
Telephone Nfessages-1ax repealed.
Insrrancc-'raX repealed on all kinds o
Insurance. in accordance with the action O
the house. the senate conferees recedin
on all senate amendments.
Leases-TaN repealed.
Marifests-TaN Repealed.
MortgageS-'raX repealed.
Steamship Passage MISUNDERSTANDING
below $50 in value and the rate fixed at s
cents for each $40 in cost for that price an
over.
Power nf Attornav-Tax repealed.
Protest--'raH repealed.
Warehouse Rnceints-Tay repealed.
Proprietary Medicines-TnX repealed i
accordance with house action. the senat
amendment being disagreed to.
| Perfumery and Cosmetics-Tax repealed
Chewing CrmTaN renealed.
! Legncics-Law modified so rs TO eHclud
/ from taxation loracies Of charitable. n
I, ligious. literary ." educational characte
The total red o." Of the revenues =
made by tn" l!l ""r"nd unon wi
amount to about sl1 100000. as against
/ reduction of $40 600 GEO as it passed tt,
honsc and s4.,oooono as amended in til
! senate.
I Tho provisions of the hill rs agreed npo
will take effect ON tho first Of next July.
Preparing for the Inauguration.
< Washington, March 1.-The prepare
tons for the Inauguration of Pres
dent Mckinley next Monday are raj
idly nearing completion and withou
all signs fail there will be a large
crowd of strangers present to witnes
the ceremony than Washington ha
seen in several years. The gener;
iDnuUuration cnmmittan has haau bo,