Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1914-09-22
EMERGENCY BILL
TO HIT EVERYONE
ADDITIONAL REVENUE TO BE
GAINED BY TAXING ALL SORTS
OF THINGS.

Washington, d. c., Sept 21.--Intro
duction of the emergency bill to raise
$105,000,00O taxing beer, wines, gaso
line, bankers, brokers, amusement
proprietors and commercial instru.
ments featured the program for to.
days session of the house. Demo
Gratis of the ways and means commit
tee held a final meeting today as to the
phraseology of the bill preparatory %
its presentation in the house.
AS finally drafted the bill levies a
tax of $3.50 barrel on beer; sweet
wines twenty cents gallon, dry wines
II cents, gasoline two cents a gallon;
bankers 81 on each $1,000 of capital
and surplus and undivided profits;
brokers, $50 each; pawnbrokers, $40;
commercial brokers, $40; custom
house brokers, $40; proprietors of
theaters, museums, concert halls in
cities of $4,000 population or over
500 each; circus proprietors 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 taxed the same as in 1898 except
that in the largest class tobacco deal
ers not specifically provided for, the
tax is $3.50 each. A tax of $12 was
levied in 1898 on tobacco dealers hav-
ing annual sales of $4,000 pounds or
over. The bill levies tax Of five
cents on bonds and certificates of in
debtedness for each $1,000 involved;
one cent on telephone and telegraph
messages; indemnity bonds fifty
cents; certificates of profits two cents,
certificates of damage Is cents each;
life insurance policies eight cents on
each 500; fire, marine, casualty,
fidelity and guaranty insurance pol
icies one-half cent on each dollar;
goods withdrawn from customs houses
all to pay stamp tax of so cents and
good entered at customs from rs cents
to ST., according to value. A tax of two
cents for each seat in a parlor car and
for each berth in a sleeping car is
levied. On passage tickets from an
American to foreign port tax Of
from 81 to IS is levied. A tax of ten
cents is levied on brokers' contracts,
deeds and other conveyances; fifty
cents when not exceeding $500 in
amount and fifty cents for each addi-
tional $500; mortgages Is cents for
each $1,5O0; power of attorney to vote
ten cents; power of attorney to sell,
rs cents; protest of note, bill of ac-
ceptance, etc., rs cents.
The war tax is effective immediate
ly upon passage Of the bill, except
that the stamp tax provisions will rot
become operative until November 1.
Methods Of Collection.
The bill introduced as soon as the
house met puts the responsibility for
collecting telegraph and telephone
taxes upon the companies through
sworn returns to the collectors OF in
ternal revenue. In 1898 the public was
required to affix stamp to each tele-
gram.
All federal, state, county, town and
municipal bonds, debentures or certi-
ficates of Indebtedness, are exempt
as are stocks and bonds issued by CO.
operative building and loan associa-
tons that loan only to their stock
holders. In taxing life insurance
policies cents for each 500 the bill
provides that policies issued on the in
dustrial or weekly payment plan the
tax will be 40 per cent of the first
weekly premium, the company to pay
the tax. The tax will not apply to any
"fraternal, beneficiary society or order
or farmers purely local cooperative
company or association, or employers
relief associations operated on the
lodge system. or local cooperation
plan organized and conducted solely
by the members for the exclusive
benefit and not for profit"
Purely cooperative or mutual fire
insurance companies carried by men,
bers soley for protection of their own
property and not for profit will be
exempt
A broker is exempt from the $50 tax
if he has paid a bankers tax. The
800 tax on theaters, museums and
concert halls in cities of $4,000 popula-
ton includes most picture shows. Tc-
bacco tax Is to take effect November
T. It exempts leaf tobacco dealers
whose annual sales do not exceed
1000 pounds.
CON T TTTI II p0n7E