New Britain herald., 1915-02-12
DRASTIC WAR TAX
 MEASURE IN CANADA
Customs Tariff Increase Covers All
 Imports --Spee:aI Stamp lax.

Ottawa, Ont, Feb. 12.--A drastic war taxation measure was proclaimed in the Canadian parliament yesterday afternoon by Finance Minister w. T. White. Bank circulation and the business of loan and fire insurance companies are taxed. A stamp tax Is applied to business and banking transac ctions, to railway and steam ship tickets, telegraph and cable mes- sages and patent medicines. There is a customs tariff increase covering all imports, whether now dutiable, and the free list of imports is virtually wiped out. In some cases the tax Is applied from the beginning of this year; in others it is applied from to- day and in some cases 1t will be ap- piled in the near future.
 Customs Tax Immediate.
 The special war tax in the form of increased customs charge is applied from today. It is seven and one-half per cent increase to the general and interm ediate tariff rates and five per cent. increase to British preferential rates. In the case of goods now on the free list there will hereafter be a customs charge of seven and half per cent, on goods from the United States and elsewhere, with the excep- ton of Great Britain and colonies, on the preferential list where the charge will be five per cent.
 In the customs charges are not lo be applied to silk fabrics, velvets, ribbons, embroideries, wheat flour tea, anthracite coal, New Foundland fish, salt for curing fish. lines, twines, nets and hook, reapers mow- CTS, binders, harvesters, binder twine, traction ditching machines, sugar, to- bacco, news print paper, newspaper presses, typsetters and casters.
 Twenty Million Revenue.
 From the increased tariff duties, an annual revenue of between $20,- OOO,OOO and $25, 5,O0o,000 is expected. The increased duties will be collected on goods now in bond warehouse in Canada.
 The drawback privilege of 99 per cent on duty paid on raw material imported into Canada, manufactured and exported in manufactured form is continued.
 A tax of one per cent. annually is placed upon note circulation of banks, to be computed and paid quarterly; one per cent. on the gross ! income oftrust and loan companies: | one per cent. on premiums received in l Canada by all insurance companies | and associations except life, fraternal l and marine companies, payments to be made quarterly. The above charg- | IN 1{s, all transactions after January 1. 1915.
 Taxed at Future Date.
 From a date to be fixed the follow | ing taxes will be applied: One cent | on each telegraph or cable message l originating in Canada to be paid by | the sender. On railway and steam | boat tickets sold in Canada to points l in Canada, Newfoundland and the 1 United States, a tax of five cents on i each ticket costing over one and not 1 more than five dollars, and five cents for each additional five dollars or fraction of five dollars cost. For l each sleeping car berth sold in Can ada ten cents tax and for each parlor 7 car seat ticket five cents.
 Upon steamship tickets to points other than in Canada, Newfound l land, the eWst Indies, of tn United States, tax of one dollar on each ticket costing over ten dollars, three dollars on tickets costing over thirty dollars, and five dollars on each { ticket costing over sixty dollars. ]
 Stamp Taxes Applied.
 The following stamp taxes are ap- piled from today: Two cents on each check, deposit receipt, bill of ex- change, express order, post office or der and bill of lading and uopn each postal note a stamp tax of one cent. Each letter or post card mailed in Canada, must carry war tax stamp of one cent. Upon each package of proprietary or patent medicine and perfumery a stamp of one cent up to ten cents value and one cent far each additional ten cents retail charge must be placed.
 Non-sparkling wines taxed ten cents a quart; champagne and spar