Newspapers / The Roanoke Beacon and … / May 18, 1917, edition 1 / Page 3
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WAR TARIFF BILL iKESEVBjj PAY HIS SHARE 51,800,000,000 To Be Raised in Year by Measure Reported to House. BOOST DUTIES; NO FREE LIST Limit on Incomes Reduced to $1,000 for Single Men and $2,000 for Mar ried Men Taxes for Heirs Are Increased Tariff Raised 10 Per Cent and Arti cles on Free List Are Taxed 10 Per Cent. Washington. A wur revenue bill de sVgned to raise $ 1.800.000,000 by tax ation during the coming year was ap proved flnully in the house ways and means committee Tuesday by unani mous vote and reported to the house Wednesday. In the meantime the senate finance cemmlttee Is holding public hearings on the bill, with n view to being ready to report soon after the house acts. To bring the amount to be raised up to the desired total, the house com mittee wrote into the bill a flat in 3rease of 10 per cent in all existing tariff duties and 10 per cent duties nil articles now admitted free, all estimated to bring in $240,000,000, this more than doubling the present tariff revenues. In addition It was decided to make all income-tax increases retroactive, beginning with the present calendar year. Other taxes provided for would become effective upon the signing of tiie bill. The Income-tax increases, applying to both personal and corporation In comes, are designed to produce $533, 000,000 more than the present Income tax receipts. Income and Profits. Most of the new revenue will come from the Income, excess profits," and Inheritance taxes and additional tar iff duties, bit' the levies of the bill would reach into many other sources. Letter mail rates would be Increased from two to three cents an ounce, and postal cards from one to two cents, while $19,000,000 would be added to tjiinrges against newspapers under a new system based upon the present parcel-post zones. Internal-revenue taxes upon liquor ajjd tobacco would be materially In creased, and there would be taxes on funusements. and stamp taxes of wide scope. Increase in Supertaxes. Toe war income tax section would double the present normal tax of 2 per cent on Individuals and 3 per cent tin corporations. It would lower the esemptlou of Individual Incomes from $4,000 to $2,000 In the case of married persons and from $3,000 to $1,000 for the unmarried. In addition, beginning with Incomes of $5,000, graduated supertaxes would be Imposed, in addition to the normal 4 per cent, ranging up to 33 per cent on all Incomes over $500,000 a year. The surtax schedule follows: Income. From $5,000 to $7,500 From $7,500 to $10,000... From $10,000 to $12,500. , From $12,500 to $15,000., From $15,000 to $20,000. From 520,000 to $40,000., From $40,000 to $60,000 . , From $60,000 to $80,000.. From $30,000 to $100,000. Tax. . .1 per cent . .2 per cent . .3 per cent ..4 per cent . .5 per cent . .6 per cent . .8 ner cent .11 per cent .14 per cent HOW INCOME TAX WORKS OUT This table is based on an exemption of $2,000 for heads of families. For persons unmarried and not heads of families the exemption is $1,000. Tax Tax Under Under Original Law Sept. Income. Law 8, 191 1 S S.0W) 4.000 5,000 ( 10 $ 10,000 60 12 15.000 110 220 20,000 ltW 22 25,000 a) 470 so.ooQ 360 ea 35,000 4G0 770 40,000 660 990 45,000 m 1,120 60,000 780 1.S2U f.OOO 910 1,60 60,000 1.060 1,7 (3,000 1,210 1.970 70,000 1.3ti0 2.230 75,000 1,610 2,470 80,000 1,710 2.730 85,000 1.9W 3.0) 80,000 2,110 3.320 96,000 2,310 3,630 MO.OOO 2,610 2,980 110,000 3,010 4,620 1415,000 3,760 6,670 13&.C00 4.260 6,870 100,000 6,010 7.420 175.CO0 8,2t 0,430 mOOO 7.610 11.420 225.000 8,790 1S.S70 ar.0,000 10.010 16.M0 27S.000 11,510 W.420 300,000. 13,010 20.920 360.0U0 16.010 28,420 400,000 19.010 81,920 4f.O,000 22,010 37.420 500,0li0 25,010 48,930 tfO.000 2S.510 48.9a0 fiOO.OOO 32.010 64,920 650.000 35.610 60,920 7(0 000 39.010 66,920 750,000 42,510 72,920 SO0.000 46 010 78.920 JSO.OOO 49,510 84.9W Kl,oriO 53.010 90.920 Ji,,m 56,610 9fi,930 1 000 0(0 60,010 102,920 V2TA0X 77,510 135,420 J.fr'1.000 96,010 167,920 .T'V) 112,510 202.9SO 2,000,000 130.019 237,920 2,2.'.O.OUO 147,610 276.430 t') H,010 312,920 2. TOO ooo 182,510 XA.m f .000 000 200,010 387,980 Tax Under Proposed Revision $ 20 40 60 196 470 820 1.270 1.720 2,170 2,620 8,220 3,820 4,420 6.020 5.820 6,620 7,420 8.220 9,220 10,220 11.220 18,220 14,620 18,220 80,620 24,220 J 1.220 38,220 49,470 (4.720 63,970 73,220 02,220 111,230 130,230 156.220 177,720 200.220 222,720 246,220 267,720 290,220 312,730 3SS 220 807,720 380,220 495.220 610.220 727,720 45,220 965,2:40 1,0X6,220 1.205.220 1J25.220 MOT NEW AND ADDITIONAL TAXES PROPOSED . IN $1,800,000,000 WAR REVENUE BILL These figures are those of the house bill. When the mensure goes to the senate it will be subject to amendment and doubtless in many eases there will be revision. The senate finance committee will hold hearings at which argu ments and objections may be presented. All tariff duties Increase 10 per cent All articles now admitted free Tax 10 per cent Letter postage From 2 cents to 3 cents Postal cards From 1 cent to 2 cents Excess profits tax .From 8 to 16 per cent Corporation tax From 2 to 4 per cent Stock exchange transactions On each sale future delivery for each $100, 2 cents; each additional $100 or fraction 2 cents Capital stock on each original issue of $100, 5 cents; on transfers on each $100 face value .....2 cents Bonds, debentures, etc., each $100 face value 5 cents Indemnity bonds, 50 cents; where premium is In excess of $100 1 per cent of premium charge Drafts, checks, notes (and for each renewal or extension not exceeding $100), 2 cents; for each $100 . .... 2 cents Deeds, conveying lands or realty, for first $100 to $500, 50 cents; for each $500 or additional or fraction, 50 cents. Proxy (except religious, charitable or literary societies or public ceme- teries) .... 10 cents Power of attorney . .25 cents Life Insurance policies (except industrial or weekly).... 8 cents on each $100 Marine, international and fire 1 cent or each $1 of premium Cacualty policies 1 cent on each $1 of premium Freight bills 3 per cent Passenger tickets.. 10 per cent on tickets above 25c except initial commutation Steamboat tickets for foreign port, up to $10, no tax; from $10 to $30, $1; from $30 to $60, $3; exceeding $60, $5. Seats, berths or staterooms, rail and water 10 per cent Express rates 10 per cent Automobiles and motorcycles 5 per cent on wholesale price Automobile and bicycle tires 5 per cent Electric power 5 per cent on bills Telephone and telegraph 5 per cent on bills Telephone (long distance) 5 cents on each toll message over 15c Musical instruments 5 per cent on those costing over $10 Talking machines .5 per cent on those costing over $10 Jewelry 5 per cent of selling price Cosmetics and proprietary medicines 5 per cent on wholesale price Amusement tickets (theaters, baseball, etc.) except where maximum ad mission Is 5 cents Tax of 1 cent for each 10 cents charged Moving picture film (not exposed), sold by manufacturer or importer 2 cent per linear foot Moving picture film (ready for projection), sold or leased by manufac turer, producer or importer 1c per linear foot Chewing gum or substitute therefor, imported 5 per cent of selling price Distilled spirits Doubled Beer, ale $1.20 for every barrel Still and sparkling wines and cordials Tax doubled Grape brandy, product of fruit distilled , Tax doubled i Soda fountain and similar sirups, grape juice, mineral water, ginger ale and all soft drinks, carbonated water 2 cents per gallon Natural mineral or table water (bottled) : 10 cents per gallon Carbonic acid gas 8 cents per pound Tabacco tax Doubled' Cigars Increased from 50 cent6 to $10 per 1,000 Cigarettes (light weight) Increase $1.25 per 1,000 Cigarettes (heavy weight) Increase $3.60 per 1,000 Cigarette papers 4 cent for each 25 papers Tennis rackets, golf clubs, baseball bats, lacrosse sticks, balls of all kinds, including baseballs, footballs, tennis, golf, lacrosse, billiard and pool balls 5 per cent Fishing rods, reels and lines : 5 per cent Billiard and pool tables '. 5 per cent Chess and checkerboards and pieces, dice, games and parts of games. 5 per cent Playing cards: Upon every pack (in addition to present tax) ....8 cents Yachts, pleasure boats, motorboats 5 per cent of price Club memberships ....10 per cent of dues and membership fees Oil pipe lines 5 per cent on charges Postal rates (newspaper and magazines) First zone 2 cents Second to third zone 3 cents Fourth or fifth zone 4 cents Sixth or seventh zone 5 cents Eighth zone '.. 8 cents Religious and educational papers : 1J4 cents a pound Advertising 5 per cent of total From $100,000 to $150,000.17 per cent From $150,000 to $200,000.20 per cent From $200,000 to $250,000.24 per cent From $250,000 to $300,000.27 per cent From $300,000 to $500,000.30 per cent On all exceeding $500,000.-33 per cent The provisions requiring the normal tax of Individuals to be deducted and withheld at the source of income would not apply to the new normal tax prescribed in this bill until after January 1, 1918, and thereafter only to Incomes exceeding $3,000. Tax on Inheritance. In addition to t he inheritance tax now in force, the bill imposes a tax equal to the following percentages of its value upon the transfer of each net estate: $50,000 One-half of 1 per cent $50,000 to $150,000 1 percent $150,000 to $250,000 1J2 percent $250,000 to $450,000 2 per cent $450,000 to $1,000,000 22 percent $1,000,000 to $2,000,000 3 percent $2,000,000 to $3,000,000.... 3 V2 percent $3,000,000 to $4,000,000 4 per cent $4,000,000 to $5,000,000 42 percent $5,000,000 to $8,000,000 5 percent $8,000,000 to $11,000,000 7 percent $11,000,000 to $15,000,000... 10 per cent $15,000,000 and over 15 percent The exemption is lowered from $50, 000 to $2r.000 and a new tax of 1 per cent levied on estates between $25,000 and $50,000. The bill proposes to bring In $200, 000,000 by doubling the present 8 per cent tax on excess profits. On distilled spirits the present tax of $1.10 per gallon is doubled; to the rectifiers' tax 15 cents a gallon Is added, and fermented liquors are as sessed $2.75. per barrel Instead of $1.50. Tobacco Tax Doubled. The tobacco tax Is doubled, except as to cigars, which are graduated from 50 cents to $10 a thousand, ac cording to retail value. Cigarettes, made is or imported Into the United States, would be taxed an additional $1.28 per 1,000 If weighing less thau three pounds per 1,000, and $3.60 pet 1,000 if more than three pounds. Newspapers would be required t pay 5 per cent on all advertising col lections. The second-class postage section says : "After June 1 next the .one system applicable to parcel post shall apply to second-class mail matter, with rates of postage two cents a pound or frac tion when for delivery within the first or second zones, four cents within fourth or fifth, five cents within sixth or seventh, and six cents for delivery within the eighth zone. "It Is provided, however, that post age on daily newspapers when depos ited In a letter carrier office for deliv ery by its carriers shall be the same as at present ; copies now entitled to free circulation In the mails within the county of publication shall retain that privilege, and the postmaster general may require publishers to separate for zones in mailing. "Newspapers mailed to subscribers from an office other than that of pub lication shall pay the same rate as if mailed from its office. "Religious, educational, agricultural, labor or fraternal publications. Issued without profit, shall pay iy cents per pound irrespective of zones." Theaters and Clubs. The amusement tax Is one cent for each ten cents or fraction paid for admission, applying to charges remit ted in the cases of persons admitted free except bona-fide employees. Places where the maximum charge for admis sion Is five cents or where the proceeds of the place admitted to are for relig ious or charitable purposes are exempt. Clubs would be taxed 10 per cent of dues or membership foes (except In itiation fees), the members individu ally to pay the tax. This Is effective June 1, and the club receiving the payments or fees Is required to col lect the tax from the person so ad mitted and make the returns. I ALL VACANT CULTIVATED BOVERNR BICKETT ADDRESSES SECOND LETTER TO BOARDS OF COMMISSIONERS. DISPATCHES FROM RALEIGH Doings and Happenings That Mark the Progress of North Carolina Peo ple, Gathered Around the 8tate Capital. Raleigh. Of such great importance does Gov ernor T. W. Bickett consider the culti vation of tenantless and vacant farms In this time of stress and danger that be has addressed a second letter to the boards of country commissioners of the counties of the state urging that there be no delay in this activity. The governor's letter tells its own story. It is as follows: "In the emergency we now face not only patiotic duty but the necessity of protecting the people of our own state from want demands that we in crease our acreage and production of staple food and feed crops by every means at our command. As the con stituted authority in your county, upon you rests the responsibility of doing everything possible to protect your people fvo mthreatened hunger and deprivation. "The farmers of our state are rally ing to the extent of their ability to the demand for increased food and feed production, but they are handi capped by a shortage of labor and work-stock and they are not going to be able to supply the deficit of food and feedstuffs we shall face. It is imperative therefore that steps be taken to increase acreage and produc tion by other means. The greatest opportunity we have for doing this is through the use of our road forces of men and workstock in the cultivation of idle and tenantless farms, many of which exist in practically every coun ty in the state. The production of foodstuffs is more imoprtant in this crisis even than the building of good roads, and I am again writing to urge that you take this matter up In your county without delay. "You have ample authority, accord ing to the attorney general, to use the road forces for this purpose and you should not only raise sufficient feed for your stock and food for your workers but a surplus for the mar ket, the proceeds of course to be add ed to your road fund. "Many landowners of the state are offering tenantless land for cultiva tion in food crops free of charge. A statement in your county papers re questing the owners of vacant lands to communicate with your board will no doubt result in the offering of all the land you will be able to take care of rent free, or at a nominal ren tal." Mrs. McKlmmon Is Busy. From all over North Carolina comes the call for experts to assist in the food conservation campaigns and the office of Mrs. Jane McKlmmon, home demonstration agent, has been flooded with telegrams from various counties asking for agents to give Instruction in the canning club work in those counties. This month seven counties, Pitt, Washington, Nash, Warren, Rowan, Stanly and Avery have arranged to have local demonstrators In their counties and five of them have appro priated sufficient money to have a home economic director at full pay and in addition will furnish them an automobile for their work. In the three to six year counties, where hom6 demonstrators have been employed, the canning club girls are inaugurat ing an endless chain movement with the result that instruction is going forward at a highly gratifying pace. Not only are the white women given instructions in the canning club work, but the colored women are receiving advice. From Buncombe, Miss Jennie Whita ker, an advanced member of the girl's canning club there has been selected to take up the canning club work at the Rosemary mills. . This young lady, because of the' interest she has taken in the work, has been seelcted for an important work that carries with it a comfortable salary. Many Enlisted From Here. Special from' Washington, D. C. The little town of Andrews, in the western part of North Carolina, in four days enlisted 87 men for a troop of cavalry. Of these. 76 passed physi cal examination. Study Fire Prevention. Juck back from the twenty-first an nual convention of the National Fire Protection Association at Washington, Commissioner of Insurance James R. Young says the convention was one of exceptional interest with special at tention to safeguarding the handling of shipments of explosives and the safeguarding of the lives of theater patrons. The ever-present subjects of flre and accident prevention were up as live subjects and it Is believed that progress was made on these important subjects. WANTS Cotton Will Not Pay For Fed. North Carolina's bill for food and feedstuffs last year exceeded the value of its cotton crop by $20,000,000, ac cording to an estimate by Secretary Lucas of the State Food Conservation ; Commission. Figuring cotton at $100 per bale 90,000 bales would have been required to pay the West and other sections for the meat, breadstuffs and feedstuffs the state Imported. The crop production in the state was under 700, 000 bales. "At present prices of food and feedstuffs," declares Mr. Lucas, the same amount of food and feed stuffs would cost us approximately $200,000,000, or 2,000,000 bales of cot ton. If North Carolina should, by a miracle, produce this amount of cot ton, and the South in proportion, the staple would sell at five or six cents a pound and we would be worse off than ever if we would at the same time negelct to raise our own food and feed. It is a certainty, however. that regardless or the price and quan tity of cotton we raise . we will not be able to get the vast amounts of food and feed we have heretofore imported because they will be reques tioned by the government." Mr Lucas states that, while a tre mendous amount of work is yet to be done, the people of the state are be ginning to relaize that real necessity and not hysteria is behind the move ment for greater acreage and produc tion of food and feedstuffs. The busi ness men and live farmers of the state are working shoulder to shoulder in the campaign and the co-operation of the business men an dmanker is go ing to prove a very considerable factor in the campaign. W.E. Borden, a banker at Golds boro has issued a rather striking letter to his customers and other farmers In Wayne and adjoining counties showing that cotton, even at 20 cents a pound, is relatively the cheapest farm pioduct upon the market today and is lower in price, considering the prices of other commodities, than it was at a normal price of 12 cents a pound. The following shows the con trast, which is even greater now than it was when the letter was issued: In an average year with 12-cent cot ton, a $60 bale can buy 89 bushels potatoes at 70 cents, ow 750 pounds of lard at 8 cents, or 22 barrels of flour at $4.50, or 375 pounds of baoon at 16 cents, or 100 bushels of corn at CO cents, or 30 pairs of shoes at $2, or 720 yards of cotton goods, at 8 1-2 cents. This year with 20-cent cotton, a $100 bale can, only buy 44 bushels of potatoes at $2.25, or 550 pounds of lard at 20 cents, or 8 barrels of flour at $13, or 333 pounds of bacon at 30 cents, or 74 bushels of corn at $1.50, or 20 pairs of shoes at $5, or 666 yards of cotton goods at 15 cents. "Enlarge your food crops and in tensify their cultivation," urged Mr. Borden. "It will not only pay you better in dollars and cents, but in no other way can you serve the Stars and Stripes and the whole of human ity so well." Many merchants in every section of the state have refused to advance supplies and fertilizers to farmers who persisted in planting too large a proportion of cotton or tobacco as compared with food and feed crops In many instances bankers have fol lowed the same course, lending ready assistance to the farmer who is plant ing food and feed crops but being chary of those who persist in plant; ing the usual acreage or more of coi ton an dtobacco. In almost every co: munity in the state the banks aff lending money in small and largf amounts for the purchase of seed a fertilizer for food and feed crops Farm School on War Basis. Mr. T. E. Browne, agent in chr of Agricultural Club Work and ondary Agricultural Education! making a special effort to get alfj farm life schools on a war If Much of his time is now being in the field with the superintend and teacher of agriculture in f schools in order that they may n more efficient service in teachy various phases of farm develA New Chaplain at State Prison. The State's Prison Board ha ed Rev. N. C. Hughes reside lain for the State Farm at st $100 per month. Election naooni fit Tsi T?or4ata o a rVival ysft the State Farm convict camp w to a committee with power toj conjunction with the Govern increase of ten per cent was I in salary of employes, guard wardens, stewards, and over W. C. Riddick, Jr., Comm At the headquarters of Carolina National Guard a was issued to W. C. Rid of President Riddick, of of Agriculture and Eng the second lieutenant o and he is assigned to d pany A of Wilmington. doing guard service on Central division of the Line. New Enterprises AuthoriV Elkin Creamery Compal capital $10,000 authorized! subscribed by G; T. Roth, K. butter, cream and general ctLf1 produce. Harkey Brothers, Inc., of Albemarle, to handle automobile and other vehic les; capital $10,000 by W. E. Harkey and others. Standard Stationery Company, of Waynesville; crpital $10,000 author ised and $000 subscribed by W. F. Clayton, C. W. Sandrock and others mj BAKER AND DANIELS RE TO BE SPEAKERS TWO CABINET MEMBERS ON PRO. GRAM OF UNIVERSITY COM MENCEMENT. BOTH TO SPEAK ON SAME DAY President Graham Issues Statement to Press and People of North Carolina. Chapel Hill. Both Secretary of War Newton D. Baker and Secretary of the Navy Daniels will speak at the com mencement of the University of North Carolina, Wednesday, June 6th, ac cording to an announcement made by President Edward K. Graham of the University. It is planned to make the occasion a great patriotic celebratioa and an expression of loyalty to the government. President Graham Is sues the following statement to the press and people of the state and sec tion: "In response to urgent invitations extended to the Secretary of War and to the Secretary of the Navy to visit North Carolina on the occasion of the commencement of the University, we have the acceptance of each of these great officials of the government, and assurances that they will be present and speak in Memorial Hall of the University, June 6th, at 11 a. m. . "Few men in the world have respon sibilities at this moment so great as these two men. Their coming to the state now is an event of unusual im portance, and we trust that it may be made memorable by a great patriotic celebration, testifying our confidence la the administration of our govern meat and our complete and enthusias tic loyalty to the supreme cause in which our country la engaged. We therefore invite the people of this state and section to come to the Uni versity and join in a worthy tribute of welcome to Secretary Baker aad te Secretary Daniels." Must Send Millions of Men. Fayetteville. That the European irar will last for years and that mil lons of men must be sent overseas by the United States before the Prus sian military power is crushed was a prediction made by Col. J. Bryan Grimes, Secretary of State of North Carolina, in what was said to be one of the most powerful Memorial Day orations ever delivered here. Ctolonel Grimes, as the speaker for the local observance of Memorial Day, review ed the causes leading to the War of Secession, North Carolina's part fti the war, traced her history through all the American wars, skillfully bringing his discourse down to the present situa tion. That the South was forced into the CTviiya-Bland the North was tricked? V)ne of the many strikff ""Vy Ooonl Gri' iave stua- thp ion he VP it in e e r o ar Ura- in his at he died removed. ne of a in, A. E. "er, was unin- Iht bruises. Ensri- in CSe first engine, were jAliy injured. engines were drawing the teright train, and were making time near Junaluska, when a bull into the forward engine and drawn under the wheels, derail loth engines. !icial3 of the road stated that the was running onlF about ten or . l- a.i iwur when the aeci- occurred. The body will be shiD- to Whittier for burial. May Take Germans to ML Pisgah. Lsheville. Representatives of th iited States Labor Department, who ived in HendersonvlIIe, N. C, said it if there is any legal difficulty jut the deHvery of Lake Kanuga fxerty to the Government for the internment camp, the camp located on Davidson River in Vah National Forest. George P, of CharlotULK?vh9! .f- -poriauon i weather, the A A been creased. Straw. the weather changes from the present cold snap to warm nights and plenty of sunshine, rive outlook for -heavier shipments of i the crown crop during the next ten I lays. Lettuce shipments are now on, Qie wane, and after a few more day i ne crop will have been exhansted. r 9 i V6 j6hlp- in-
The Roanoke Beacon and Washington County News (Plymouth, N.C.)
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May 18, 1917, edition 1
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