Cheraw chronicle. [volume] (Cheraw, S.C.) 1896-2005, 1914-09-24
AGREE
ON FULL Wk9 TAX.
REPUBLICANS ARE FIGHTING
BILL PROVIDING FOR SUM OF
s1os,ooo,ooo.
WILL TAX ALL The BANKERS
Theatre Tickets, Pullman Bsrttss,
Pool and Billiard Rooms, Legal
Papers, cireuses, Tobacco. etc.

Washington.-An emergency reve-
nue. bill to provide t106.000. 900, tax.
ing beer, wines. gasoline, sleeping
and parlor cars tickets. insurance. tel
egraph and telephone messages.
amusements and variety Of docu.
ments was agreed on by Democrats
of the house ways and means commit
tee and was introduced by Democratic
Leader Underwood early this week.
Republicans >of both house and
senate have already gone on record
in opposition to any war tax meas
ure. Democrats hope to rush the
bill through the house. The big Eight
will be in the senate.
The committee increased the In
ternal revenue taI on beer by 30 cents
a barrel. making the new tax total
$3.50. Domestic wines are to be tax.
ed 20 cents a gallon on sweet wines
and IL cents a gallon on dry wines.
Gasoline is to be taxed two cents .
gallon.
Stamp tax provisions and the tax
on tobacco dealers, brokers. bankers.
and amusements. as carried In sched.
ule A, will continue In effect until De-
cember 81. 1915. The remainder OF
the bill will be in force until repealed.
Bankers are to be taxed two dollars
on each $1,000 Of capital. surplus and
undivided profits; brokers will pay
$50 each. pawnbrokers. $50; CONNER
cial 500: customs house brokers. $40.
Proprietors of theaters. museums and
concert halls in cities Of $1,000 popu.
lations or more are to pay 800 each.
Circus proprietors are to pay &l0o
a year, proprietors Of other amuse'
ments SO and proprietors Of bowling
alleys and billiard rooms s. for each
alley or table.
Tobacco dealers and manufacturers
are to be taxed the same as in 1898
except that in the largest cities. to
bacco dealers not specifically provid.
ed for" the tax Is to be $3.50 each.
In 1898 there yas $12 tax on to.
bacco dealers having annual sales OF
$4,000 pounds or more.
Bonds and certificates Of indebted.
ness are taxed 1--WE cents for each 500
involved, and freight express receipts
one cent each with q mandatory pro.
vision that the shippers must PAY
tirfs-taf. Telephone messases srS -
be taxed one cent on all tolls OF Is
cents or more and kilograms one
cent message.
The bill carries taxes Of 80 cents
on each indemnity bond. two cents
on each certificate of profits. rs cents
on each certificate Of damage and 10
cents for each certificate not especial.
ly provided for.
Life insurance policies are to bs
taxed eight cents on each 500 and
fire, marine. casulty. fidelity and
guaranty insurance policies one-hslf
cent on each dollar. as In 1898. Goods
withdrawn from sustom houses will
pay stamp tax of 50 cents as In
1898. but the rs cent tax on each
warehouse receipt imposed in 1898 is
omitted. The 1898 tax Of from rs
cents to one dollar for entry Of goods
at customs houses. according to
values. Is renewed.
For each seat In a palace car and
for each berth in sleeping car the
tax now Is to be two cents against
the one cent war tax Of 1898.
Tickets from a United States port
to a foreign port will be taxed from
one dollar to Ave dollars each. accord.
Ing to the value Of the ticket as In
1898.
Other provisions are: Brokers' con.
tracts, 10 cents; deeds and other con.
veyances, so cents when not exceed.
Ing $500 In amount and so cents for
each additional $500; mortgages Is
cents for each $500; power Of at.
torney to vote. 10 cents; power Of
attorney to sell. Is cents; protest Of
a note. bill OF acceptance. etc.. rs
cents.
Because Of constitutional questions.
the committee eliminated altogether
foreign bills OF exchange. charter
agreements. manifstos and foreign
bills Of lading and also struck out all
reference to stamp tax on checks.
bills OF exchange. drafts and deposit
certificates and postoffice money
orders and on leases.