Putnam patriot., 1914-09-25
WAR TAX BILL
 IS NOW IN FORM
Provisions of Measure to Raise
 St05,O0O,0O0
IS EFFECTIVE ON PASSAGE
Liquors. Amusements and Gasoline 10 Bear the 5runt-Spanish War ln1- posts chansed-Method Of Collect
 ing Telegram lmposts Changed.

Washington.-The emergency rev enue bill to raise Sl05.00o000. taxing beer. wines. gasoline. bankers. br0k- CTS, amusement proprietors and com mereial instruments. was introduced in the House by Majority Leader Underwood
 As finally drafted, the bill leyies a tax of Sl50 a barrel on beer; sweet wines. twenty cents a gallon: dry wines. twelve cents; gasoline. two cents a gallon; bankers, g on each s1 900 of capital and surplus and un- divided profits; brokers, $50 each: pawn brokers, SEQ; commercial brokers. s20: customs house brokers, BIO; proprietors of theatres. mu- seums. concert halls in cities of l5.0e0 population or over, s100 each; circus proprietors, sf00 year; proprietors of bowling alleys and billiard rooms. s for each alley or table.
 Tobacco dealers and manufacturers are taxed the same as in 1898. except that in the largest class tobacco dealers not specifically provided for the tax is S4.S0 each. A tax of SIP was levied in 1898 on tobacco deai CTS having annual sales of 5O000 pounds or over The bill leyies a tax of five cents on bonds and certificates of in debtedness for each s1000 involved 1; one cent on telephone messages cost. ing fifteen cents or more, and one cent on all telegraph messages; in- demnity bonds. fifty cents; certffi- cates of profit. two cents; certificates of damage. twenty-five cents each: life insurance policies, eights cents on each S109 fire, marine, casualty, fl delity and guaranty insurance poli- cies, one-half cent on each dollar; {; goods withdrawn from custom-house, all to pay stamp tax of fifty cents, and goods entered at custom-houses from twenty-five cents to s1, accord ing to value.
 A tax of two cents for each seat in parlor car and for each berth in a sleeping-car Is levied On passage tickets from an American to foreign port tax of from S1 to B is levied A tax of ten cents is levied on brok- CTS contracts, deeds and other con yeyances: fifty cents when not ex- ceeding $500 in amount and fifty cents for each additional $500; mort gages, twenty-five cents for each Sl.500; power of attorney 10 vote, ten cents; power of attorney to sell twenty-five cents; protest of s,~te bill of acceptance, etc. twenty-five cents.
 The war tax will become effective immediately upon passage of the bill except that the stamp tax provisions will not become operative until No vember 1.
 The bin puts responsibility fol collecting of telegraph and telephone taxes upon the companies through sworn returns to the collectors of in ternaI revenue. In 1898 the public was required to affix a stamp to each telegram.
 All federal, State, county, town and municipal bonds, debentures or cer tifeates of indebtedness are exempt as are stocks and bonds issued by co operative building and loan associa. tions that loan only to their stock holders.
 Tn taxing life insurance policies eight cents for each $100 the bill pro. vides 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 CO., operative company or association, or employees relief associations operated on the lodge system or local ce-opera- ton plan organized and conducted solely by the members for their ex- elusive benefit and not for profit"
 Purely cooperative or mutual fire insurance companies carried on by members solely for protection of their own property and not for profit will be exempt.