Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-09-21
UNDER WOOD BRINGS
WAR TAX MEASURE
BEFORE THE HOUSE
Liquors, Amusements and
Fuel for Motors Bear
Brunt of Levy Close Imi-
tation of Spanish War
Legislation.

WASHINGTON. Sept. 2l.-The Admin
troduced in the House today by Repre-
Sentative Underwood, chairman of the
Ways and Means Committee.
The first gun in tho Republican on
slausht against the measure was heard
on the floor when Representative J.
Hampton Moore. of Philadelphia. took
half an hour to criticse the Democratic
party for finding it necessary to supple
ment the treasury receipts by war tax.
Mr.. Moore declared that under a Republi-
can protective tariff system the treasury
would have been in much better condition
and that war tax would not have been
necessary.
The bill Is close imitation of the Span
ish war tax of 1898 except for the tax
on beer, wines and gasoline. The stamp
tax on checks is not included in the pres
ent bill The telephone and telegraph
companies are to keep account of their
taxable messages and remit for them.
The principal taxes will be levied on
beer, domestic sweet wines and dry wines
gasoline and naphtha and other products
used in motors. Amusements will he tax
ed in cities of more than 5000 where thea
tres will be taxed 500. This includes
moving picture houses
The bill has "A provision whereby retail
cigar dealers will be taxed $3.50,
Bonds of the United States or those of
any State. county or town are exempt
from taxation. Bonds and stocks of CO.
operative building and loan associations
with a capital stock of not more than
$4,000, and building and loan associations
making loans only to shareholders are
exempt. The taxes under the so-called
stamp tax section of the bill, borrowed
largely from the Spanish war bill, are:
Bonds. cents for each 500 or fraction;
stock certificates, cents per 500; bills of
sale on stock and bond transfers, cents
Bill of sale of merchandise, cent for
each SlOO or fraction, Promissory notes,
2 cents per 500 r,
Express and freight receipts ana ollls
Of lading / cent each.
Indemnity bonds 50 cents; certificates
of profit, cents per 800; certificates of
damage % cents: other certificates, 10
cents: contracts of all kinds. 10 cents;
deeds and conveyances, ~ cents Tor nrst
800 To $500: each additional 5000 an addi-
tional 30 cents: entry OF goods at Customs
House, % cents to 81; entry Tor with
drawal, % cents.
Life Insurance. cents on each $1,000.
Life insurance policies on weekly pay
ment basis, 40 per cent, Of amount of first
weekly premium.
Marine, inland and fire insurance one
half of / per cent, on each dollar or frac-
tionsl part; mutual and purely co-opera-
tive irc insurance companies exempt.
Fidelity. casualty and guaranty insur-
anca one half of one cent on each dollar.
Mortgages on real and personal prop
erty OF all kind % cents If above $1,000
and not above $780, and 25 cents on each
$500 above $500
Passage tickets on vessels leaving
United States ports. 81 II costing not
more than $50; 50 IL costing between $50
and $50. and IS II more than $50,
Power of attorney and proxies. 10 cents;
power OF attorney 10 sell real estate.
bonds. etc, 25 cents: protested paper %
'ents; an r"ats In parlor and Pullman
cars, esnts