The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-03-08
THE NEW TARIFF.

The official copy Of the tariff has been issued and Is
denominaied as claws OF the United States (public
No 22 varies in scvcral instances from the lengthy
document published In the HERMD Of Wednesday,
February o. 10 the first section the date OF rembursng
money borrowed by the United States loan is fixed at
"two' years instead OF 'stcn and the words 'swthou
notice. have been entirely expunged from the end OF the
section.
Sec And be II further enacted That in caso the pro-
poeas made for sad loan for much thereof the
Of the public service shall rcquire shall not be
and hereby authorized to decline 10 accept such oor
II for less than the value OF the bonds constituting
the said stock and IN lieu thereof and TO the extent and
amount Of the loan authorized 10 be made by this act
issue heasury notes for not less than fty dollars
bearing interest a the rate of six per ccntum por annum
payable ssm annually the let days OF January
July each yoar nj proper ylces Of payment
scbed by tie secretary, with the approval Of The pres
dent ana, under The Ike circumstances and conditons
the President Of the United States hereby authorized
to substitute Treasury notes of equal amount for the
Whole any part OF any OF the loans for which he il
by law authorized 10 contI and issue bonds And
tho asury tes so issued under the authority herein
given shall be received In pay ment for all deDts due TO
tire United states when offered and In like shall
be given in payment for any due from the United
States when payment In that mode requested by the
person hon pay ncnt is TO be made, for their par
value in coin And the faith OF the United States is
horeby pledged for the due payment Of the interest and
the redemption of the principal of the stock or Treasury
notes which may be Issued under the authority Of this
act and the or twenty thousand dollars hereby
appropriated out Of any money the treasury not other
certificates stock Treasury notes herein authorized
10 be done In the usual mode and under tho restrictions
rs to employment and pay ment Of officers contained in
the laws authorizing former loans and issues Of Treasury
notes. and IL shal be at the option Of holders Of tho
Treasury notes hereby authorized by this act TO exchange
the for the stock herein authorized az par for
bonds in lieu Of which said Treasury notes Issued
Provided That no certificates shall be exchanged for
Treasury notes bonds in css than five hundred
dollars And provided further That the authority TO Issue
the said Treasury notes. give the In payment for
debts due nom the United States shall be lntod TO the
dnvo atOh hun droI dvfvfsv
that the may be rcdecmabe at tho pleasure OF the
United states, at any time within two years after the
passage OF this act; and that said notes shall
bear interest aftor they shall have becn called in by the
6ecreary Of the Treasury under tho provisions Of this
act.
In section g. first clause the duty on raw sugar com.
monty called muscovado or brown sugar no advanced
beyond ts raw state BY clayng OF other process" has
been hxed at "one cent per pound and the following
words have been struck from tho end Of the same
chuso:ton molasscs two cents per gallon; on confec
toneTy of all kinds no, otherwise provided for thirty
per ccntm ad vaorem.D The following clause has
added 10 this section
second ON coffee enc cent and q half rsr pound; on
tea when imported from my port or place beyond The
Capeof Good Hope four cents pound whom imported
from any point place this side of the Cape OF Good
Hope other than IN tho country where produced, four
cents per pound and In addition thereto ten per confirm
ad valore Provided That whenever the Treasury notes
and bonds Of the United States which have been or shall
Laws, passcd between the 4th day OF March, Do
mini eighteen hundred and Atty sevcn, and the fth day
shall be redeemed and paid the President Of the unes
States hereby Authorized TO make proclamation that
the aforesaid articles of ton nnd coffee may be imported
into the Jnsed states pt Gna free from tire specific
duties herein imposed. rOrli, Tint the duties tea
and coffee hereby ipoeed shI from and after the
goth OF June, eighteen hundred ari sixty threo.
IN section tho words con Wines u all kinds, forty
per cenum ad yalerom have been struck ont q the ars
clause and In the second oaugc Of socton 70 the words
cor inseedn inserted for tho clearer definition OF the
denomination lax soed.D
The commencement or tho frat c,ausc Of section 10
should read as fclows--Fisst on Wilton saxony and
AubuPson Administer pacn. velvet, Tournay velvet and
tapestry velvet carpets ard crpot1g Brussels carpets
wrought by the Jacquard machine, and a medallion
whole carpets valued at dollar and twenty vo cents
valued at Cyef one dola- and twonty uye cents per
square yard atty cons per square yard provided that
carpet or rugs Of the above description shall pay
duty Of ess than twenty I've per contn ad valorem &c
Section - has been 40 far amended that the additional
duty Of ten per cent "printed cotons' is not
made .'ad yalorem," thcK words having been struck
from the arst clause. IShe fourth clause the words
"ooi bottom canvass have been altered 70 cot bot
temsn
Hsulphate OF ammonia and ncaustic soda" have been
taken out Of the list os specified articles In sections ls
and 20 and the sol Of cabobs and the oil Of cloves from
section &c.
Sec 2l should now read as And be II further
enacted That from and after the day and year
thefo shall be levied, collected and paid on copper "
and diamonds, canoes, mosacs, gems, pearls, suDcs
and other precious stones when no. ses Than sss IN goi
silver or other metal and limitations tnereo, ano AL
other euery twenty I've per centum "a vaiore ON
ba cloth and hair scaDgs, and all otncr manu,acurcs
Of hair NOT otherwise provided fof, '~en'ynve por
aooso ~ % sanmaI carbon" has been more clear
\, Sssned nv the words "bono black being n9ertei pa
,sn,hsticay after the denomination and wearing ap
parel and personal effects" Of immigrants arc not 70 In
n pr arUyypZ IN A UvypRY FOR FOREIGN