Internal revenue.
The following table shows the total collections of internal revenue in the
United States in the fiscal year ending June 30, 1900, by States and Territories:
States and Territories. | Aggregate Collections. |
Alabama | $539,015.22 |
Arkansas | 260,418.99 |
California and Nevada | 4,517,498.34 |
Colorado and Wyoming | 1,313,596.46 |
Connecticut and Rhode Island | 3,040,783.28 |
Florida | 725,142.72 |
Georgia | 917,892.03 |
Hawaii | 7,454.30 |
Illinois | 52,237,729.32 |
Indiana | 23,229,623.81 |
Iowa | 1,874,803.87 |
Kansas, Indian Territory, and Oklahoma | 1,010,718.79 |
Kentucky | 24,472,382.93 |
Louisiana and Mississippi | 2,443,558.37 |
Maryland, Delaware, District of Columbia, and two Virginia districts | 9,002,373.14 |
Massachusetts | 7,953,569.58 |
Michigan | 4,925,024.48 |
Minnesota | 2,814,113.23 |
Missouri | 16,694,171.67 |
Montana, Idaho, and Utah | 718,365.33 |
Nebraska, and North and South Dakota | 3,383,918.23 |
New Hampshire, Maine, and Vermont | 1,309,361.06 |
New Jersey | 8,828,895.04 |
New Mexico and Arizona | 131,256.67 |
New York | 46,475,135.22 |
North Carolina | 6,331,933.36 |
Ohio | 21,345,489.63 |
Oregon, Washington, and Alaska | 1,248,743.91 |
Pennsylvania | 25,923,506.35 |
South Carolina | 312,911.22 |
Tennessee | 2,295,606.01 |
Texas | 1,541,474.47 |
Virginia | 5,433,820.05 |
West Virginia | 1,552,826.40 |
Wisconsin | 10,502.994.09 |
| —————— |
Total | $295,31,107.57 |
The table on opposite page gives a summary of such receipts in the period 1880-1900, both inclusive, with principal sources.
The re-imposition of adhesive stamps in 1898 was provided for in the
War Revenue Act of that year.
The war revenue and the receipts of the national treasury from other sources having been much larger than was anticipated, and having produced a surplus largely in excess of the actual financial needs of the country, Congress adopted a conference report on a bill to reduce the war revenue on Feb. 28, 1901, to go into effect on July 1 next ensuing.
The revenue reduction was expected to amount to $42,165,000 per annum, the repeal of various stamp taxes and a few changes in the existing law concerning specified articles being estimated to make the following itemized reductions:
Commercial brokers, $138,000; certificates of deposits, $200,000; promissory notes, $3,500,000; bills of lading for export, $100,000; telegraphic despatches, $800,000; telephone messages, $315,000; bonds other than indemnity, $25,000; certificates not otherwise specified, $200,000; charter party, $100,000; conveyances, $1,750,000; insurance, $3,000,000; leases, $200,000; mortgages, $500,000; passage tickets, $100,000; power of attorney, $100,000; protests, $25,000; warehouse receipts, $250,000; express receipts, $800,000; proprietary medicines, cosmetics, and chewing-gum, $3,950,000; legacies, $500,000; cigars, $3,100,000; tobacco, $7,000,000; small cigars and cigarettes, $500,000; beer, $9,800,000; bank checks, $7,000,000; foreign bills of exchange, $50,000; money orders, $602,000; manifest for Custom House, $60,000.