The daily banner. (Cambridge, Md.) 1897-2008, 1914-09-22
WAR TAX BILL
IN THE HOUSE
Beneficial Orders Are Exempt
From Assessment.
OUTLINE OF THE MEASURE

Theater Tax Applies to the Moving
Picture Houses In the New Reve-
nue. Bill.
Washington, Sept. 22.-Introduction
OF the emergency bill to raise $685.
100000 by taxing beer. wines, gaso-
line, bankers, brokers, amusement
proprietors and commercial instru
ments, was the feature in the house.
The initial Republican attack on
the measure was made by Represen-
tative ]. Hampton Moore, of Penn
sylvania, q minority member of the
ways and means committee. He as
serted tht the revenue bill was made
necessary by Democratic extrava'
gance, and that the European war has
furnished them the opportunity to
cover up their mistakes.
As finally drafted the bill levies q
tax Of $3.50 a barrel ON beer; sweet
wines, 20 cents q gallon; dry wines,
IL cents a gallon; gasoline, 2 cents
gallon; bankers, 81 on each $1,000 OF
capital and surplus and undivided
profits; brokers, $50 each; pawnbrok
ers, 500; commercial brokers, SO;
customs house brokers, $40; proprie
tors of theaters, museums, concert
halls, in cities OF $4,000 population or
over, 800 each; circus proprietors
800 a year; proprietors Of other ex
hibitions, $40; 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 for tobacco
dealers 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 5 cents
on bonds and certificates of indebted
ness for each $1,000 involved; l cent
on telegraph messages and on tele-
phone messages costing Is cents or
more; indemnity bonds, so cents; Ger.
tifcates of profit, 2 cents; certificates
of damage, 25 cents; life insurance
policies, cents on each 800; fire,
marine. casualty, fidelity and guaranty
insurance policies, one-half cent on
each dollar; goods withdrawn from
custom houses all to pay stamp tax
Of so cents, and goods entered at Gus.
toms houses, from rs cents to 81, &C
cording to value.
A tax of 2 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 a tax of from 81 to IS Is levied
A tax of 10 cents is levied on brokers
contracts, deeds and other convey
ances; so cents when not exceeding
$500 in amount, and so cents for each
additional $500; mortgages, rs cents
for each $500; power Of attorney to
vote, 10 cents; power Of attorney to
sell, 25 cents; protest of note, bill
of acceptance, rs cents.
The tax is effective Immediately
upon- passage OF the hill, except that
the stamp tax provisions will not be
come operative until Nov /.
All federal, state. county, town and
municipal bonds, debentures or Ger
tificates of Indebtedness are exempt, \
rs are stocks and bonds issued by CO
operative building and loan associa
lions that lend only to their stockhold
err.
In taxing life insurance policies, 81
cents for each 500, the bill provides
that policies issued on the Industrial
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 SRA
ternal beneficial society or order or
farmers purely local cooperative
company or association or employers
relief associations, operated on the
lodge system or local cooperative
plan, organized and conducted solely
by the members for their exclusive
benefit and not for profit"