The Oskaloosa herald., 1914-09-24
HOUSE IS GIVEN
EMERGENCY WAR
TAX MEASURE
Administration Hopes to Raise
$1oo,o0O,0Oo.
COMMITTEE REPORTS TODAY
Document Follows Largely the Old
Spanish War Levy, Except Tor
Revenue on Beer, Wines and
Gasoline.

Washington, Sept. 22.-The admin
istration emergency war tax Dill
agreed upon by the Democrats OF the
ways and means committee, was In
troduced in the house by Majority
Leader Underwood. The bill Will be
reported from committee today WIFE
Republican minority report and VIII
be taken up in the house tomorrow
Except for the tax on beer, wines and
gasoline, the bill follows largely that
of the old Spanish war tax. II Is ex
pected to raise at least 100000 900.
A few changes were written In the
details of the bill One provides thai
In imposing a tax on telegraph mes
sages 1t shall not be necessary to al
fix stamps to the message as under
the old Spanish war tax, but that the
telegraph companies shall keep rec
ords and remit monthly one cent or
each message. A one-cent tax also ap
plies to telephone messages, but M
tax is levied on messages by tele
phone or telegraph which do not cos
Is cents. The principal taxes undel
the bill are:
Principal Taxes Under Bill.
Beer, ale and fermented liquors o
similar kinds, $50 a barrel, an in
crease of 80 cents.
Domestic sweet wines, with more
than three per cent saccharine, q
cents per gallon; other domestic
wines, including dry wines, two cents
Gasoline and naptha, two cents Pc
gallon.
Bankers, 50 upon each $1,000 o
capital, surplus and undivided profitt
employed; stock and bond brokers
$50; pawnbrokers, $50; commercial
brokers, $40; customs brokers, $40.
Proprietors of theaters and al
amusement places in towns Of NOR
than $4,000 population, 800; circuses
800 for each state in which there i
an exhibit; bowling alleys and billiar'
rooms, SIS for each alley or table; pre-
prietors of other amusement places
not specifically mentioned, $40.
Dealers in leaf tobacco with annua
sales OF less than $4,000 pounds, Sc
with sales from $4,000 to 100000, $12
above 100000, $24. Dealers sellin
less than 1000 pounds are exempt.
All other dealers not specificall
mentioned, $3.50, and every perso
handling snuff, cigars or cigarettes |
considered a tobacco dealer
Tobacco Manufacturers Taxed.
The tax on manufacturers of tobat
co Is graded from Sc to $24, according
to extent OF business.
The stamp tax section of the bill
will remain operative for approximate
~ one year and is repealed on DE-
cember 81. 1915. This section OF tn
bill is estimated to raise $51 900, 0Gt
and the rates carried are as follows
! Bonds, FIVE cents for each 800 o
fraction; stock certificates, the same
bills of sale, on stock and bond trans
actions, two cents; bills of sale o
merchandise, one cent for each $40
or fraction; promissory notes, tw
cents per 800; express and freigh
receipts and bills of lading, one cen
each.
Indemnity bonds, so cents; certif
Gates of damage, % cents; other eel
tffcates, ten cents; contracts, te
cents; certificates of profits, two cent
per 800; deeds and conveyances, s
cents for first 800 to $500, SO cent
for each additional $500; entry c
goods at customs houses, % cents {
81 for entry; entry for withdrawal, 5
cents.
Life insurance policies, three cent
on each $1,000.
Life insurance policies on a week.
payment basis, 40 per cent of frs
weekly payment; marine, inland FIR
insurance policies, one-half of on
cent on each dollar or fractional part
mutual or cooperative fire insuranc
companies exempt. Fidelity, casualt
and guaranty insurance, one-half G
one cent on each dollar.
The stamp tax on mortgages. pow
ers of attorney and protested paper /
substantially that of the old bill. Seat
in parlor and Pullman cars, two cents
Federal, state and municipal bonds ar
exempt Government telepone an
telegraph messages are exempt. FIR,
ternal and beneficiary societies an
relief associations on the lodge syi
tenn are exempt. Courts are forbidde
to record documents not stamped an
the hill makes evasion of the law
misdomeanor. The bill goes into g
i feet the day following passage, bu
the tobacco tax takes effect on N,
i vember /.