Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1832-08-21
Richmond, Va. Tuesday, Aug. 2
soUTH CAROLINA STATISTICS.

SOUTH CAROLINA STATISTICS.
Ufong againi--W have shown the egregous
ror, into which Mr.. SlcDuhe was betrayed i'm his
2nd speech--and into which lie has betrayed five of
his colleagues and the two Senators in their address
to the citizens of South Carolina viz the calculating
the cash duties the whole amount of importations,
instead of the diies those importations.
The error was glarng as it was important. But
n multiplying paper in South Carolina, viz the Co
lumbia Telescope, has fallen into another error,
equally gross and more ridiculous. What can be
thought of an editor, who is incapable of under
standing better the operations of bill, which
" has been long before (his readers and has been
already so ably discussed ?" From the following
specimen of this nulli6er's arithmetic, may form
some idea of the of his calculations upon the
Tariff of 80:
"rnr TArIrr Aer ss2Ths bill so long l,oforc
make but TOW remarks i, To examine all its details would
is important points without regarding the order in whccy
IL tho FIRST place is to be observed t,9, the credit Of ten
o %C" Sa on SS on %SoS9 s SS
On goods months equal
sa as s Il %cseG BY Congress %e This
S%So aS S sns imposed by H
p S1G o sums averaging
That is, we understand the Telescope and asi it
certainly meant to be UNDERSTOOD besides the duty of
per cent. the woolens, for example, we
add 5per for cash payments, and per for
the change of value on the pound sterng-that is
to say, 13 per additional the duty, 1S per
ct IN GH There never YVES grosser nistake-as
the reader will perceive, single glance, from the
following comparative statement made. by an inn
porting merchant:
| 80 Gl000 stg. worth of napt coons imported
| in the ship Equator, August, 1892: if en-
tered under the Tariff law OF 1882, valuiDg
! the pound stg at 1, 80 and cash paid for the
Duty 5 per cent, $40 '''''
Allow per cent, intcres, Cor cash payment II
$3.50
| " Ei000 sg. worth OF napt cotons imported
rs above il entered, valuing the pound
stg. 81 4t, and allowing 10 months a the
i average credits the duties, il would
- stand thus, $1,000
Duties 5per cent 1922
I $50
It" THUS making difference the importer of $50 ON
the change OF value in the pound sg, and paying cash
for the duties woolens, chargeabe with per cent du-
~ only"
! [0r to ascertain the per cenum of duty say if
$l44O $252 500, and the result will be So 81 per
| cent. under the Tariff of lS32-IEdifors.1
Or, in the words OF another correspondent:
" am asked what is the per cenium of duty I'M
der the Tariff Act of Congress of 1882 wooIens
the duty on which by that act is per cash ind the
sterling to be estimated four dollars eighty cents in
stead OF four dollars forty four censand What the diff
terence between the cash duties and the credit duties on
the same
To illustrate tile calculations ! shall make l will
! rate an invoice of coarse woollens which cost
| tlOO serlinS-Now G1O0 sterling a 81 A
the 6 is ga. 4.
8 per cent. duty on. the is 20 90
Cost to importer, IL the credit existed and if tI,e
! L sterling be rated at 81 "a, S466 &C
GlOO sterling at 81 50 to each sterling is $3.50 90
. P per cent uuty IS 24 90
months credit, I 20
BpT ut ns.g,C cos, 10 On The importer s5Os 20
make u so 10 The importer, and il Is perfectly
correct and fair TO state the par of ex.
And ,hsn 10 20 o Mn, =, $i44 "a
" w VIC uu'eS ana interest, 25 20
so that The actual to the mporteri Is s,co g,
under tile Tariff of 1892. the serI;ro
al 81 So and interest being added 10 months o hin
the estimate TO the point as the frst statement b
NOW, II $ii1 A $l69 81 $780, Answer s1os
o. 80 that the actual of duty charged ON The %
OF SioU s'erhg Is 6IlOO cent, which " III be proven
Dy mulnPylng 80 81 into or by $i9f Is and The resur
VIII be $50 20, the duty above stated Ii il nevCcI,y
clear then that the actual per centu of duty 10 mn MR.
than 67-I00 10y % "o HioTe
The whole duty on eIOO sterling, at "a so in
each 4, and cash duties, being COX On
And the duties EIO0 sterling At 81 A Tho @ 30 ~
and on credit, is - On no
II results that the cash duties exceed the cre, 90 90
CT sterling. p ~ INC currency oil
That is TO say, wbat the Columbia Telescone 10
PIeased to estimate at ID additional per cent tnrr
our 10 be the 67-lOOtbs Of one per cent oruZor in
oIner words instead of paying eIOOO napt cot
IONS So9| ~ according to the calculation of tho
"igscoPe' tne merchant has really pay only s3Og
anu so on with respect TO other goods
Now, we do protest against these egre,io,s bl,,,
aersTand these vile carcatures of the tariff of 40
II iuIs snort, IN all conscience, of our inst roLta
"hn Pretensions-aDd it is impossible for us 20
acquiesce IN 1t as tile settled policy of this land
out why pantt worse than it really is? II we are
10 I"Sn INTO Nultcaton, let us at least do il will
o.n eyes open. Let us not first he deuded ly f.
suIeS' ana then betrayed into RevoIuiiOnl