The New era. [volume] ([Portsmouth, Va.]) 1845-1847, 1846-08-15
Duties levied
by Tariff By Tariff Redr,

With0ut entering into a minute calculation ws
should say that The shipping interest which bv
me iarih ot 1912 are taxed upon their ne,c shin,
alone. more ,nan half million dollars. and prob,'
ply haii as much more npnn repairs of ships al
ready built, including sails and rigging ,-are. bv
the Tariff of 1916, relieved from two thirds If
this burden. After the new Tariff goes into opera.
'ion, II Is probable that n ship like the Rosciu,
can be built for SO 500 less than before the teeth
OF the present Tariff were drawn.
But this is not the only advantage conferred
upon the shipping interest by the new Tariff: or
rather, which would have been conferred by il.
but for the subsequent passage Of Senator Diy,s
Warehousng bill, which is still better. The
principles OF the two bills. as it respects ware
nnnslng, are essentially the same but General
Dixs Dill allows goods TO remain in the public
stores two years, Give rightly understand iis mo-
visons,) while the Tariff hill stipulated for butop,
year. The Tariff Of 1912 allows but 60 DAYS in
the case of goods of Capes Horn and Hope, or 90
days from beyond those Capes. This warebousino
OIL, (tor which our citizens, and the whuIe hnsi
ness community, owe many thanks to Gen Dir
VINO iaoored necessarily to carry il, and did carryl
1t, IN spite of Senator Huntington and other enc
mics to the commercial interests of the country.)
Will make the city of New York sort of DENT
Tor goods intended TO be shipped to other points.
say the West Indies, or South America. or ner
chance sold here, as the respective markets NAV
warrant. And the consequence will he addition.
al employment for our vessels, an additional de-
mand for warehouses, and additional commissions
to our merchants
II will also benefit the importers as we'll &c ,bs
shlp-owners. Under the Tariff Of 1912. the enur
nous duties are required 10 he paid in 60 Tor if
from beyond tho Capes 90) days a fler entry and
The consequence is. that men of small means. and
sometimes men OF large means, when several pack.
cts come IN together, as was the case last Spring
are suoJect 10 much Inconvenience in supplying
Inc :" ready" to so heavy an amount. Under the
new Iariff, merchant will only be OBLIGED to nav
duties on such of his goods as he requires for i'm
mediate use deposiing the remainder in the pub
tic stores, and taking them out as wanted. This
provision VIII also prevent those great fluctuations
Va y, me marker which are often experienced under
the present system for whenever brisk demand
arises Tor any description of goods those of that de-
scrptlon in the public stores, or portion ofthem,
WIN be brought into market. On the other hand,
IN case oil glnt of any particular article, fresh
imports OF That article, instead of being thrown as
nnw, upon an over burdened market will be de.
PosIted IN public stores until prices shall have
sufficiently advanced or if that should not occur
within reasonable period, they will be exported
10 some other country, with the benefit of draw
back.
sumo idea of the extent TO which warehousng
VIII Dc fesor'ed to under the new law, may DO
ga'heIed rom The fact that the average amount Of
Drawbacks which have been returned within tho
last 20 years, has been about S3. 600 900 per
annum. The amount has been less of late than
formerly. especially since The adoption of the
farm OF 1912, which impose new burdens upon
the system.
The Augusta (aic) Age states, that this re.
Washington.