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About The commoner. (Lincoln, Neb.) 1901-1923 | View Entire Issue (March 15, 1901)
"W I I & The Commoner The Revenue Reduction Act. Summary showing tho effect of the Act reducing the revenue. In the first column will he found the rates fixed in the old law, the second column shows the rates fixed in the new law, while the third column gives the total revenue derived from the respective items during the fiscal year ending June 80th, 1900: Abtjgleb Taxed bt Act of Jtma 13, 1898. Beer, $2 per barrel and 1H per cent discount Bankers' capital and surplus, 150 for $25,000, and $2 for each additional $1,000. Stockbrokers, $50 Pawnbrokers, $20 Commercial brokers, $20 Custom-XIouse brokers, $10. Proprietors of theaters, museums, and concert halls, $100 Proprietors of circuses, $100 Proprietors of other public exhibitions, $10 Proprietors of bowling alloys or billiard rooms, $5 for each alloy or table ; Tobacco and snuff, 12 cents per pound Cigars weighing more than 3 pounds per 1,000, $3.60 per 1,000. . . Cigars weighing not more than 3 pounds per 1,000, $1 per 1,000. . Cigarettes weighing more than 3 pounds per 1,000, $3.60 per 1 ,000 Cigarettes weighing not more than 3 pounds per 1,000, $1.50 per 1,000 ' .. .. Dealers in leaf tobacco, $0 to $24 J Dealers in tobacco, $12 i Manufacturers of tobacco, $0 to $24 Manufacturers of cigars, $0 to $24 Bonds, debentures, certificates of indebtedness, etc., 5 cents for each $100 Certificates of stock, original issue, 5 cents for each $100 Certificates of stock, transfers, 2 cents for each $100 Sulcs of products at exchanges, 1 cent for each $100. Bank checks, 2 cents Drafts or bills of exchange, 'inland, 2 cents for each $100. Certificates of deposit, 2 cents Promissory notes, 2 cents for each $100 Money orders, 2 cents for each $100 : : Bills of exchange, foreign, 4 cents for each $100 Bills of lading for export, 10 cents Express .receipts, 1 cent 7 freight receipts or domestic bills of lading, 1 cent Telephone messages, 1 cent Bonds of indemnity and. bonds Dot otherwise specified, 50 cents Certificates of profits, 2 cents for each $100. . . Certificates of damage, 25 cents Certificates not otherwise specified, 10 cents. Charter party, $3 to $10 , Broker's contracts, 10 cents Conveyance, 50 cents for each $500 Telegraph messages, 1 cent Entry of goods at custom-house for consumption 25 cents to $1. Entry for withdrawal, 50 cents Insurance, life, 8 cents on each $100 Marino, inland, fire, M cent on each $1 Casualty, fidelity, and guaranty, cent on each $1 Lease, 25 cents to $1 Manifest for custom house entry, $1 to $5. . , Mortgage or conveyance in trust, 25 cents for each $1,500 Passage ticket, $1 to $5 Power of attorney to vote, 10 cents Power of attorney to sell, 25 cents. ; Protest, 25 cents t "Warehouse receipts, 25 cents ,, Proprietary medicines, oae-eighth cent for each 5 cents. ...!!!. Perfumery and cosmetics, one-eighth cent for each 5 cents Chewing gum, 4 cents each $1 Sparkling or other wines, x pint, 1 cent: more than 1 pVnt,2 ctV. Petroleum and sugar refineries, one-fourth per cent gross re ceipts in excess of $250,000 ; Sleeping and parlor car tickets, 1 cent '. ., ', ..','.'.'.',..... '. Legacies of every description, various rates .!!!!!!!!! Mixed flour, 4 cents per barrel Manufacturers of mixed flour, $12 per annum' '..'.'.'.".'.'. Tea, customs duty of 10 cents per pound ! .' ,'" Now Law. $1.00 per bbl. and 7& per cent discount repealed. Present law retained. . . Retained. Retained. Repealed. Retained. Retained. Retained. Retained . Retained Discount of 20 per cent $3.00 per 1,000 18 cents por pound Retained. Valued at not more than $2 per 1,000, 18 cents per pound; val ued at more than $2 per 1,000, 36 cents per pound. Retained Retained Retained ; Retained Retained Retained Retained and amended so as to include buck et shops. 1 cent for each $100. Sales of merchandise in actual course of transportation ex empted from tax. Repealed Retained on bills of ex change and drafts other than at sight or on demand. Repealed Repealed Repealed 2 cents for each $100. Repealed Repealed Retained Repealed Repealed, except bonds of indemnity. Retained Repealed Repealed Repealed Retained Exempted below $2,500. Above $2,500, 25 cents for each $500. Repealed Retained Retained Repealed Repealed Repealed Repealed Repealed Repealed Exempted value. .. Repealed.. Repealed.. Repealed . . Repealed., Repealed.. Repealed . . Repealed.. Retained.. below $50 in Retained , Retained Exempts legacies to braries, etc, Retained Retained Retained li- '.. NoTicSuch of the abpve amounts as are in round numbers arc estimated. Revenue de rived for fiscal year 1900. $72,776,831 57 3,513,850 01 300,606 88 37,801 18 138,281 12 6,167 18 47,178 02 11,744 36 84,218 44 44,104 81 35,267,334 40 19,138,584 82 646,896 82 16,014 21 3,953,177 09 72,030,04 10,504 00 18,207 70 222,301 38 3,000,000 00 9,000,000 00 1,000,000 00 7,000,000 00 500,000 00 200,000 00 3,500,000 00 602,000 00 100,000 00 100,000 00 800,000 00 400,000 00 315,000 00 250,000 00 Very little. Very little. 200,000 00 100,000 00 100,000 00 3,000,000 00 A Manufacturer's Protest. The Ingersoll-Sergeant Drill Company of New York, has written a letter to Secretary Gage accusing him of disregarding other American manufacturers in his effort to favor the sugar interests. The following extract from the letter presents the gist of the argument: You knew when you ordered that tho counter vailing duty be re-imposed on sugar imported from Russia that tho Russian government had officially stated that no bounty was paid. You knew that Russian sugar was taxed an import duty of 100 per cent, and that American products were admitted to Russia free of duty in Siberian ports and at minimum rates elsewhere. You know that the valuo of Russian sugar imported to tho United States was $340,815 in 1889, and $22,993 in 1900, and 'that Russian imports from this country in 1900 wore valued at $10,029,793. You knew that tho commercial treaty between Russia and the United States, by the terms of which great and valuable traffic concessions were made to American manufacturers, was pending in the State Department, and that tho administration which you represent had, through its authorized agents, com .mitted itself to this proposed treaty, and that after it had been approved by the Russian Cabinet further action had been postponed pending tho recent elec tions. You knew that to impose any additional duty on Russian sugar would seriously embarass these negotiations, and that in such an event the Russian government had committed itself to a policy of re taliation. You knew that American manufacturers, through the National association and by individual effort, urged delay and investigation of tho facts, lest tho gates of this valuable market be closed. You knew that no countervailing duty could be justly im posed unless the facts showed that a bounty was paid, and I quote your own words in saying that "the facts are very much involved. J You told me in your office that no ono represent ing this government had gone into Russia to investi gate the facts; that the whole question was one of facts and law; that no one need be alarmed, as "ample warning would be given;" that you would consider a brief from the manufacturers on the subject, and that there was "plenty of time;" that you would give seri ous attention to the suggestion which I made; that the questions of fact bo investigated by a commission; that you realized the seriousness of tho situation, and did not like tho responsibility which bore upon you. This conversation took pjaco only a few days before you issued a revolutionary order imposing the countervailing duty. Your excuse appears to bo that you have discovered that the question can be reviewed by the courts. But the mischief has been done, and you, sir, are responsible for it. 800,000 00 500,000 00 3,000,000 00 - 200,000 00 ()0,000 00 1,000,000 00 200,000 00 100,000 00 25,000 00 250,000 00 3,918,283 19 600,000 00 1,079,405 14 ' 75,000 00 2,884,491 55 7,439 46 8,008,037 00 Books Received. m Newest England: by Henry Demorest Lloyd. The author gives his impressions in New Zealand- and Australia and comments on tho political reforms secured in those colonies. Published by Doubleday, Page & Co., of New York. Friars and Filipinos: by Frank Ernest Garnet. An abridged translation of Dr. Jose Rizal's Tagalog novel, "Noli Me Tangere." Published by St. James Press, New York. Lincoln's Words on Living Questions: A collec tion of all the recorded utterances of Abraham Lin coln bearing upon the questions of today. Edited by H. S. Taylor and D. M. Fulwiler, and published by the Trusty Publishing Co., of Chicago. Lincoln's Book: A fac-simile reproduction of a memorandum book prepared by Abraham Lincoln, containing his views on the subject 6f "Negro Equal ity," with explanatory note by J. McCann Davis. Published by McClure, Phillipps & Co., New York. Three Ages of Progress: by Rev. Julius E. Devos. A history of the Catholic Church. Published by H. M. Wiltzius & Co., Milwaukee, Wis, The Law and Policy of Annexation: by Carman F. Randolph, A discussion of the political and legal status of the Philippines and Cuba. Published by Longman, Green & Co., New York, f- y A.