The Columbian. [volume] (Bloomsburg, Pa.) 1866-1910, 1901-03-21
Taxes Repealed.

The bill for reduction of the
war revenue, as finally agreed upon
in conference, was reported to the
Senate and the House, and passed
by both bodies. The changes in
the present law will go into effect
on the first of July next, and are as
follows
Tobacco, 20 per cent. discount of
the original tax of IL cents per
pound as against IS per cent. re-
duction as fixed by the Senate and
none as the bill passed the House.
The rate agreed upon will make the
tax 50. 90 per 100 pound.
Cigars On those weighing more
than three pounds per 1000, the
House rate of s. per 1000 was
retained as against So 80 as fixed
by the Senate, and So 90 as in the
present law. On those weighing
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 by the House.
Cigarettes On those weighing
not more than three pounds per
l 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 SI.6o
per barrel and repeating the IL per
cent. discount was retained.
Bankers capital; Present law
retained, the Senate receding from
its amendment.
Commercial brokers' tax: Re-
pealed in accordance with original
action of both Houses.
Certificates OF stock transfers
the rate Of ? cents for each SIoo is
retained, and the Senate amend
ment making the law include the
transactions of bucket shops was
accepted by the House conierees.
Sales Of products at exchanges:
The Senate amendment eXempting
sales of merchandise in actual
course of transportation was accepted
but the rate of cent for each SGoo
as fixed by the present law was
retained, the Senate amendment
making the rate So being disagreed
to.
Bank checks Repealed in accord
ance with the House action.
Certificates of deposit: Tax re-
pealed.
Promisory notes: Tax Repealed.
Money orders: Tax repealed.
Bills of exchange, foreign: The
rate fixed at cents for each $1oo
in accordance with the Senate
amendment.
Bills of lading for export: Re-
pealed.
Express receipts: Repealed.
Telephone messages: Repealed.
Miscellaneous bonds tax: Re-
pealed except upon bonds of in
demnity.
Certificates of damage and certifi-
Gates not otherwise specified: Re-
pealed.
Charter party: Repealed.
Conveyance: Exempted below
s., 500; above s., 500, rs cents for
each $500, in accordance with Sen
ate action.
Telegraph messages: Tax re-
pealed.
Insurance: Tax repealed OH all
kinds of insurance. in accordance
with the action OF the House, the
Senate conferees receding on all
Senate amendments.
Leases: Tax Repealed.
Manifests: Tax Repealed.
Mortgage: Tax Repealed.
Steamship passage tickets: Ex-
empted below $50 in value, and the
rate fixed at so cents for each $50
in cost for that price and over.
Power of attorney: Tax repealed.
Protest: Tax repealed.
Warehouse receipts: Tax re-
pealed.
Proprietary medicines; Tax re-
pcaled in accordance with House
action, the Senate amenment being
disagreed to.
Perfumery and cosmetics; Tax
repealed.
Chewing gum: Tax repealed.
Legacies: Law modified so as to
exclude from taxation legacies of
charitable, religious, literary, or
educational character.
The total reduction of the rev.
enues as made by the bill as agreed
upon will amount to about S4I ,ooo-
900, as against reduction Of $40
900, 900 as it passed the House,