Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1914-09-20
EMERGENCY TAX
BILL COMPLETED
N COMMITTEE
Republicans Of Both Houses
to Fight Passage Of Meas
urei Outline Of Plan for Rails
ing Needed Revenues,

u 80 "~"'"'r* f|'@#et tFA1NhA NHHAAH WtHa
Washington. Sept is.-An emerg-
rney revenue bill 10 provide $685.
"pVvuV taxing beer. wiues. Gasoline.
slefpins and parlor car tickets. in
hurance, telegraph and telephone
mefsaFes. afnusements and a variety
OF documents. was agreed upon late
today by the democratic members Of
the house ways and means commit
tee. IL VIII be introduced BY Demo-
cratic Leader Underwood next Mon
day.
The republicans Of the committee
VIII be called in Tuesday to vote on
4 and the house VIII begin consider
Ing Il next THURSDAY
Republicans Of both house and SEN
ate already have gone on record In
opposition TO any war tax measure.
The democrats hope 10 rush the bill
through the house and the big fight
against Il. L Is realized viii be in the
senate
Hits Beer Hard.
The committee Increased the in
iernal revenue tax on beer by so
cents barrel, making the new tax
total 81. Domestic wines are to be
taxed 20 cents gallon on sweet
wines and ~ cents a gallon on dry
wines. Gasoline Is 10 be taxed cents
O gallon.
Many Items Of the bill are adopted
verbatim as In the Spanish war tax
bin Of 1898, including the administra-
tive features.
shamp tax provisions Of the bill and
The tax on tobacco dealers, brokers, /
bankers and amnsements are carried
In schedule A which will continue In
effect until December 81. 1915 The
remainder Of the bill viii be In force
until repealed.
Heavy Tax ON Bankers.
Bankers are to be taxed 81 on each |
81 600 Of capital. surplus and undi- !
vlded profits; brokers will pay $50
each. pawn brokers. 500: commercial
brokers. $50: customs house brokers. /
$40. Proprietors OF tn eaters, mu-
seums and concert halls in cities Of
lb,000 population or over are to pay i
500 each. Circus proprietors are to 1
pay si00 year. proprietors of other
exhibitions $40 and proprietors of /
bowling alleys and billiard rooms S. !
for each alley or table.
Tobacco dealers and manufacture
crs are to be taxed the same as In
1898 except that In the largest class
tobacco dealers not specifically pro-
yided for" the tax is to be $3.50 each.
In 1898 there was si2 tax on tobac-
co dealers having annual sales of
$4,000 pounds or more
Telephone and Telegraph.
Bonds and certificates of indebted
ness are taxed cents for each 500
involved and freight and express re-
reIpts | cent each. with a mandatory
provision that the shippers must pay
this tax. Telephone messages are TO
be taxed ] cent on all tolls of Is
tents or more and kilograms | cent
The bill carries taxes Of so cents
Dn each Indemnity bond. cents on
zach certificate Of profits. 25 cents
IN each certificate OF damage and 10
'ents for each certificate not espe-
Tally provided for
Life Insurance policies are to be
axed cents ON each 500 aud fire,
marine. casualty. fidelity and guar :
lnty insurance policies Y cent on ,
'aeh dollar as In 1898. Goods with !
lrawn from customs houses will pay
stamp tax Of so cents as In 1898, i
,ut the 25-cent tax on each ware
louise receipt imposed IN 1898. is !
imitted. The 1898 tax Of from rs !
ents to 81 for entry of goods at GUS e
oms houses according TO value, Is n
enewed. /,
Sleeping aud Parlor Cars. =
For each seat In a parlnr car and h
or each berth In sleeping car the j
Ak IL to be : cents, against the 1-ccnt !
Vur tax OF 1898. =
Passage tickets which are tickets y
rom a United states port 10 a for
Ign port. will be taxed from 81 tol
8 each, according to the value of e
he ticket, as in 1898. II
Other provisions are: Brokers con- .
iaots. 10 cents. deeds and other u
so cents. when not cx-
eedine $500 ia amount and so cents I,
or each additional $500; MORTGAGES. \
8 cents for each $l.5o0; power Of lw
ttorncy to vote, 10 cents, power of
ttorncy TO sell, Is cents; protest Of q
note, bin OF acceptance, etc. Is a
cnte ~
Because of constitutional questions n
he committee eliminated altogether o.
oreign bills of exchange charter il
gfeements, manlfests and foreign b
Ills of lading and also struck out II
II reference to stamp tax on checks, n
ills Of exchange and deposit certifi- N
ates and postofficc money orders "