The Weston leader. [volume] (Weston, Umatilla County, Or.) 189?-1946, 1916-09-08

relations between the United States
and foreign countries and would make
reports 10 the ways and means com
mittee OF the house and finance com,
mifteo OF the senate.
Salaries Of the commissioners we're
fixed at 1880 q year.
A section Of the bill would make II
unlawful 10 import goods At a price
substantially less than the market
value or Wholesale price In the prin.
cipal markets OF the country Of their
production. The president has author
ity 10 prohibit importations 20 this
country from nations which prohibit
importations from the United States.
In sections amending the existing
tariff law, the bin provides for In
creabed tariff rates on dyestuffs 20 be
applied after the European war. The
duty on intermediate dyes would bo is
per cent ad yaIorem and special duty
OF z1k cents q pound; on finished dyes
30 per cent I'D vaIoFem, and special
duty OF cents q pound. Another
amendment fires the duty OF print
paper valued at above 5 cents per
pound at ~ per cent ad vaiorem-
The bllI as finally agreed upon pro
vides for an increase from 1 TO per
cent on the normal income tar with
an exemption OF $4,000 for married, and
$4,000 for single persons, and for the
following surtaxes:
One per cent on amount BY which
the net income exceeds $4,000 and
does not exceed $4,000; per cent,
$40. 900 to $50. 200: 3 per cent, 100000
- ana onn. a - rarf ee0 000 n. 410fi =
900: s per cent, 100000 to s150,00O;
s per cent, si50,000 70 100000; 2 per
cent, $500 900 70 t250.000: 8 per cent,
$3.50 900 to 100000: . per cent. $780,
900 70 100000; 10 per cent. $500 900
to 100000: IL per cent, $1.000.000
to $500. 900; IL per cent, si,500.00O
TO $4,000. 900. and rs per cent on the
amount by which the net income ex-
ceeds s2.000.000.
The corporation income tax is re-
newed, exempting labor. agricultural
and horticultural organizations, mutual
savings banks not having capital
stock represented by shares. fra
ternaI beneficiary societies, dones-
tic building and loan associations, civ
sc ORGANIZATIONS, federal land bank and
national farm loan associations
Special taxes are imposed as fol
lows:
inheritance tax on transfer OF net
estate OF decedents dying after pass
axe OF the act, per cent on the
amount OF such net estates not IN ex-
cess Of $50, coo; 2 per cent, $4,000 to
$50, 900; per cent. s150.000 TO $780,
600: 4 per cent, $25O,000 TO S450.O00;
s per cent. $500 to Sis000,000: y
per cent, $1,000, 900 to $2,000,000;
per cent, s2.000, 900 to $1,000 600; s
per cent. $4,000. 900 to $4,000. 900; 3
Der cent. "a. 900 900 10 $1,000. 900. and
10 per cent on the amount BY which
such estate exceeds s5,000,o00
Munitions tar. 10 per cent on net
profits Of manufacturers OF gunpQWo
and other explosives. cartridges load
ed or unloaded. except for Industrial
or sporting purposes: pro1ectiles'
shells, torpedoes. including shrspnel
loaded or unloaded: fuses, or complete
rounds on ammunition. firearms cf
any kind and appendages. including
small arms. manufactured and used
for military purposes; cannon. ma
chine guns, rifles and bayonets. cleo
tric motorboats and submarine or sub
mersible boats: these taxes TO be inI
rasn , var ends
Iiouor taxes--Beer, $1.50 barrel:
s,,II zines 4 cents Der gallon; cham
payne or sparkling wine. cents on
each half pint or fraction thereof;
artiflcIally carbonated wine, 21h cents
per hair pint: liquors containing sweet
vine. III cents per half pint and not
sweet wine, liz cents per
pint.
Stock tax--Fffty cents for each
$1,000 OF capital. surplus and undivided
profits OF corporations, joint stock
companies and associations with capt
tai in excess OF $4,000.
Special Observation-Disclosures, $50
year: ship brokers. $40: custom-house
brokers. $40; theater and amusement
places having a seating capacity not
exceeding ESQ SIS a year, not exceed
ing 500 $75 and exceeding 500 seating
capacity 500.
Bowling alleys and billiard tables,