The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1856-1888, 1861-09-05
II
THURsD4T. sEFrEUEEE 5, Iss1-

THE Y4skss. Uhsh arriv~I early On N0uiay morning from
san Fanei-ro, brine = h-avy ear-u % as~rt-d m-r-haHji-e
and a large list g ras--n-,rs. Whieh vH - found .UIer ;h-
appropriate aelis- Or aiyi-~s from An Func-cp arr o tn
21st, bot 80 sPeciai chang apfear O. have taken piae~ ia ih~
rafe- 0tocr t"nfing sttp-~- III mnrs~t~ r~u"raLy st DUS-
ant AMI pres al -s-tsueI- IT, war Dos M api~lr o.
have hat 10 marh influence in disturbing tn market ~ SO
anticipated. h4t re -f-t. lr- psrharz ~ 9, - developed
At The Fat thgre aqp-ar - h. N, -r-=aI depr~--ion ia
trat-, though tn opIr-a q trtt- i being changed iatp other
channels from rhzt u frm-riy took. The trDIe between the
North AMI s1arl h-ilg wholly broken -. n@F channels are AZ
once opeuzI, Ho-ty With EaroTe AMI foreign ports The
amount % .r~cie in tb- banks IN Ne~ Nara Vas never larger
than nj pre--nt-about :~oOO0OCJJ-
Th- ne~ revenue Law enacted D. C1uTEy- j. sli u Nee;
With general favoT- The following 8. a summary q ;he
revnss aad bans al pUDa-=l :, be raised &c tn National
Government
From pr-eEt tariff.
IaHis- aoooOc9
taxes on tea elase and sugar .-..------ 2JOO0COO
" direct tax=s OBSERVATION-DISCLOSURES 2DOJJ.JyJ
&c NV LaB AZ p.r cent. -....... 1OoGJ0CJ6
sa5oOooOCO
Estimated wants % the Treasury Tor one year, a.O.OJ1CO
The imposition u direct taxation i new only On the part %
the Federal Government, he ~p-opIear- accustomed and recon
eiird to It from state and city governments. It kIt in VAL
Street that the bet financial measure possible i u vigorous
prosecution Of the war, % far as u conquer a peace tha: -hsn
be profitable to all
The Direct Tax Bit has passed both Houses Of congress. 1t
provides iOr the raising q s-oCOOOOO. Ineomes over $500 are
% h~ taxed 3 per c=nt- On sugar, the duty i : Goats Per Il,
on c0d-e ! cents, and on tea 10 cents.
The bark Zoe, arrived yesterday from the Arctic By her
Ne have our first report from the whaling fleet cruising in that
ocean As IS usual with our first =Ivsces from the North, it is
very brief AMI unsatisfactory. It Is as good, however, as our
first reports last year August and September are the best
moaths fr whaling ia that ocean
Bcsiiss the Yankes and Zoe, We have no foreign arrivals 70
note, and no departure In flet, the week has been very
quiet s~Iss have been made from the TDIkse's cargo, but
mostly % private character.
The Court Wmi leave on saturday or Monday. and will take |
a fair cargo % Island produce. Her departure 5 fastened
by To The arrival q the Faakss, AMI the anticipated early
arrival % the SSsodeeH. The transactions in island produce
have been limited, aud shipments made AZ mostly on planta-
ton account Oxing % the uncertainty regarding thu new
American tariff, and the date when { takes effect, there i, 40
disposition among buyers to purchase
Corr AID BrLLtox-Of thu amount q coin and bullion in the
country -upPe-ed 70 b near S51o-OoOOOO, - e may remark that
remainder b. in the hands u private bankers. in the public
people. Ia addition % the metallic medium. our friends on the
Atlantic side hsv. a bank note issue which, in May last.
amountei to about s.0OOOo.OO0. ani the nominal amount %
banking capital vas about 49, 100000 A. an example Of the
psrILHITit'-s o. ms -yststi "a +'in~ hSibues, We may mention
IN bans OF Illinois and W senn-in the bru4er with an issue
Of sI330oC00 against $4,000 specie in thu vaults, the later
tons doubtless hal considerable balances in the Atlantic eiiie-.
AMI an abundance ofdubtous and deprecated stocks in their
totally bsnsrIpt TF- fr1Eis and s,fsr,. ~ ~ 49,
greatly augmented the practice % private boarding in late years.
In this eoGnertien We may remark that the metallic eirculat-
ing medium % Gr.at Britain. according to recent estimates,
amounts to about s5j02noOOo--S. ,. Mercantile Gazette.
TsEiys AID TAX BLLs-we are indebted to she courtesy Of
n commercial firm in this city for the following item, received
from View iOrk, under date % August 81
The committee ON conference male rapid work TODAY on
the revenue MEASURES. and so haunOuizetl the numerous con-
ntcting interests that the bill was speedily passed. and no.
only nerri- the signature % the President to become a law. The
feature increasing the morrill, tariff. anil placing a duty q ten
per cent upon its free list. was stricken out, aud the old bin
allowed 10 remain as . was with the exception Of an increased
duty on silks AMI liquors, and = duty % two cents a pOund on
sugar, three and n half cents on coffee, AMI fne-n cents on tea
Aided TO this bill - the one for direct taxation and an 4. ONE
tax Of three per cent on all amounts over eight hundred dollars
- isiel- The direct tax i To DE- collected through general
one % which - To be- appointed by the President for
each state The amount which will be raised by this bill as
rasssd - estimated BY the senate Finance Committee to be one
hundred millions per annum."
From another private dispatch, we learn that the duty on
foreign branIi-s Is fixed n 81 - per gallon on other imported
spirits fifty ern,s per gallon IN added To existing rates. On
liquors and wines and on silk goods, ten per cent. al yaorem
added by this latter dispatch, the duty ON coffee - stated
o. be four cents Instead % three AMI one-half cents per pound,
AMI the bill was 10 take effect in twenty days from passage.
10 will b. seen, that the uncertainty in regard to many articles
not yet cleared up. and in fact the whole matter requires the
To be furnished only by the bill itself in extersO,
which Is mOmertarly expected.
Since writing the foregoing. We have been favored with pri-
vate dispatches from New York % the 9th August. king the
ofduty on tea and raw sugars ~ above on refined sugars
al four cents On coffee at four cents rice, no ehange-Ibid.