The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1914-09-23
AGREE ON war TAX BILL.
EMERGENCY REVENUE MEAS !
URE READY FOR HOUSE.
biggest Struggle OH Measure Expect
cd to Come in the Upper Branch.

Sency revenue Dill 10 provide SlO0,-
600 200, taxing beer, wines, gasoline
sleeping and parlOr car tickets, in
surance, telegraph and telephone mes
sages, amusements and variety of
documents, was agreed on late today
by Democrats of the house ways and
means committee. 1t will be intro
duced by Democratic Leader Under
wood Monday.
Republicans of the committee will
and the house will begin considering
it Thursday.
Republicans Of both house and
senate have already gone on record
in opposition to any war tax measure.
Democrats hope to rush the bill
through the house. The big fight will
be in the senate.
The committee increased the in
ternal revenue tax on beer from 81 Il
barrel to $3.50. Domestic wines are to
be taxed 20 cents gallon on sweet
wines and IL cents q gallon on dry
wines. Gasoline is to be taxed 2
cents gallon.
Many items of the bill are adopted
verbatim from the Spanish war tax
bill of 1898, including the administra-
tive feature.
Stamp tax provisions and the tax on
tobacco dealers, brokers, bankers and
amusements are carried in schedule
A, which will continue in effect until
December 81, 1915. The remainder
Of the bill will be in force until re-
pealed.
Bankers are to be taxed 50 on
each $1,000 of capital. surplus and
undivided profits; brokers will pay $50
each, pawnbrokers $40, commercial
brokers 500 custom house brokers
$40. ProprietOrs Of theatres, mu-
seums and concert halls in cities of
$1,000 population or more are to pay
500 each. Circus prOprietors are to
pay 500 a year. prOprietOrs Of other
exhibitions $40, and proprietors Of
bowling alleys and billiard rooms IS
for each alley or table.
Tobacco dealers and manufacturers
are to be taxed ghe same as in 1898.
except that in the largest class. to
bacco dealers not specifically pro-
viGcd for" the tax is to be $3.50 each.
in 1898 there was $12 tax on to-
bacco dealers having annual sales Of
10000 pounds OF more.
Bonds and certificates Of indebted
ness are taxed cents for each 500
involved and freight and express re-
ceipts 1 cent each, with a mandatory
provision that the shippers must pay
this tax. Telephone messages are to
be taxed 1 cent on all tolls of Is cents
or more and telegrums cent a mes
sage.
The bill carries taxes Of SO cents on
each indemnity bond, 2 cents on each
certificate Of profits, rs cents on each
certificate Of damage and 10 cents for
each certificate not especially provided
for.
Life insurance policies are to be
taxed cents on each 100, and fire,
marine. casualty, fidelity and guaranty
insurance policies 1-2 cent on each
dollar, as in 1898. Goods with
Drawn from custom houses will pay a
stamp tax Of SO cents as in 1898, but
the 20 cents tax on each warehouse
receipt imposed in 1898 is omitted.
The 1898 tax Of from 25 cents to 81
for entry of goods at custom houses.
according to value, is renewed
For each seat in palace or parlor
car and for each berth in a sleeping
car the tax now is to be cents,
against the cent war tax of 1898.
Tickets from United States port
TO foreign port will be taxed from
81 to $5 each, according to the value
of the ticket, as in 1898.
Other provisions are: Brokers. con-
'ractS' ~ cents; deeds and other con-
veyanccs, SO cents when not exceeding
| $500 III amount and SO cents for each
additional $500; mortgages, 25 cents
for each $1.5O0; power of attorney to
vote. 20 cents; power Of attorney TO
sell, 20 cents; protest of Il note. bill
of acceptance, etc. 25 cents.
Because of constitutional questions.
the committee eliminated altorctbor
foreign bills OF exchange, charter
agreements manifests, foreign bills
of ladinS and also struck out all refer
enco to stamp tax on checks, bills Of
exchange, drafts and deposit ccrtiG-
Gates AID pUstOiiicc money orders and
on leases.