The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1908-12-09
MORE TAXES
To Be Levied To Meet The Treas.
ury Shortage.
SPECIAL TAXATION
Will be Resorted to to Meet the: Ex-
travagances of the Republican Ad-
ministration, Which Has Squan-
dered the Money of the People
With q Lavish Hand.

Washington, Dec. 4.-Now that
the election is over Republican poll
ticians are speaking frankly concern
ing the nations finances. A renewal
Of special taxation is considered es-
sential by Republican leaders In
congress to meet deficits and con-
stantly growing expenditures, and
ar internal revenue duty may again
be imposed on many, is not all ar
ticles so taxed during the Spanish
American war.
A deficit that today aggregates
s50,000,000, and by June 80 next
will total s1oo,Ooo,ooo, has brought
Representative Tawney, chairman Of
the house appropriations committee,
and others charged with formulating
the great money measures here in
advance Of the assem- bling of con-
gress to consider the situation.
Messrs. Cannon, Tawney and Payne
have conferred on the subject. Mr..
Tawney has talked the matter over
with President Roosevelt and Sec
rstary Cortelyou.
He has requested Mr.. Cortelyon
to prepare some data indicating the
revenues derived from articles sub
jected to the war revenue tax and to
indicate others that may eventually
be placed In the list. It has become
evident to the leaders that reyis-
Ion Of the tariff will not materially
increase the revenues. While lower
duties may bring larger imports in
some instances. In others there will
be falling of Of importations, and
THUS the books will about balance.
Secretary Cortelyou has given no
iRtfmation as to what his suggestions
will be, but they are certain to in
clude tax on coffee. Three cents
pound is the figure mentioned.
This was the rate imposed up to
1882, when it was placed on the
free list. It is also the almost un-
animous sentiment that the tax oa
beer should be doubled, making it
81 barrel. 1t is already virtually
settled that there shall be no dimi-
mutton Of the rate on sugar, as 1t
is the best revenue producer the
government has. A renewal of the
war revenue act would almost ex-
actly Offset the deficit.
It brought into the treasury
trihe more than s1OO,OOO,OOO year.
IN four years s46,000,0OO were co.,
lected on legacies, or an average of
s11,000,000 per annum. Beer was
the big money-bringer OF the war
revenue law. The added dollar a
barrel realized s30,o0O,000 year.
The tax Of ten cents a pound on tea
was the next item in Importance,
bringing in s10,oO0,O0O a year. It
is desired to avoid, if possible, all
the numerous stamp taxes, not be-
cause of their expensiveness, but be-
cause of their Inconvenience.
A two-cent on telegrams and tel
'eph2ne messages. Life insurance
policies were taxed six cents for
every 500 of value. Chewing gum
was assessed four cents for every
dollars worth. One cent was COL
lected for each palace or parlor car
seat sold or berth occupied. Rail
road and steamship tickets were
taxed from 81 to SO. Bonds, Ger
tifcates Of stocks, proprietary med
icines, notes, bills of exchange, buck
ct shops and brokers transactions
bills of sale. agreements, drafts, ex-
press receipts, bills Of lading, leases,
protests, almost every form Of legal
document we're compelled to bear d
tax stamp.
National banks with capital
stock Of s25,0OH paid $50, and 50
for each additional thousand dol
lars Of capital. Brokers and pawn
brokers we're taxed $50 and $40 re-
spectively. Theatres, concert halls
and museums paid 500. A circus
paid s100. All other shows con-
tributed $40. Each billiard table
or bowling alley was taxed s5.
The tax on tobacco and snuff was
doubled, being raised from six cetns
to twelve cents pound. The to-
bacco dealers were taxed from Sc
to S24, according to volume of bus
iness. The tax on cigars and cigar
etts was proportionatly increased. :