The New York herald., 1862-07-27

Large Receipts for Duty at the CustO0
HOuse-ImpOrters Heavily Taxed I'm
the Purchase OF Demand Notes-Gene.
raj Clearing Out OF Old Entries, SO.
The receipts at the Custom House for the past few
weeks have been unusually large. Since the tarid
introduced into the House Of Representatives the
importers doing business at this port have been busy In
Withdrawing their merchandise from bond TO obtain
tho funds with which 10 pay duties ON suoh goods, Of
which there were several millions Of dollars worth thM
port alone has matter Of dncuIty, and has
subjected importers 70 large additional tax. Demand
and specie the only currency receivable fos
dutcs except few interest bearing Treasury notes
issued previous TO the passage Of the law authorizing the
emission or the 7so notes Inasmuch these dsaanA
notes have been daily growing and more soaros,
and inasmuch a. the value Of gold has constantly
increased the expenditure In order 70 obtain posses
sion OF imported goods, has been ten Or twelve
per cent greater than few months since.
When the legal tender Treasury Note bill passsd
making the notes TO be issued receivable for a publie
dues except duties on imports. many merchants whs
expected arrival Of large quantities Of foreign goods
invested all the money they could spare 10 tho Custom
House demand notes. They could easily foresee that With
the passage each month the number Of thosc notes
circuatien would rapidly decrease the bin authorized
their withdrawal from circulation and the substitution d
the legal tender notes their stead But several months
have passed since the passage Of the act referred TO- and
Of those who purchased have paid out the notes 10
their possession and have been compelled to buy more a
the high preminm already mentioned.
The important amendment made by the Conference
Committee TO the clause Of the TariG bill rsa!lnl
to the new duties on goods in bond, rcndcrs the
bill much more acceptable to the merchants than
when in the form in which IL was originally
reported to the House and sent TO the Senate.
Yet, Notwithstanding the concession by which goods
~opfo
allowed to be Withdrawn at any time within the three
months originally granted payment Of the old rates
Of duty. importers grumbs considerably At being com
PEELED to take out the old stock Of goods in warehouse
and pay the duties thereon. 1t would seem, however,
that the goods thus withdrawn often payment Of the
rates Of duty levied by the act Of 1851 which were very
much lighter than those imposed By laws subsequently
adopted would command sufficiently advanced price NJ
present compensate for any small ineonvoniencs.
The receipts from bonded merchandise within the past
rev days have been larger than usual account Of ths
payment Of duties the goods Of which we have bssn
speaking general clearing out Of the old entries has
been and is daily being made TO avoid the necessity oS
paying the increased duties levied BY ths nsv
law. Tho bill, a. IL stands now in rsspsos
to duties wsrshoused goods, is, perhaps,
better than whom first reported. Had ths
provision requiring the high rates 10 be paid on al goods
In bond NO matter under what law imported, bean Cd
hersd TO- the government would have raised, II true,
few millions dollars one, two three months sooaes
than will under the present arrangement. Ths in-
portsrs would however in almost every instance havs
withdrawn their goods before the 6rst Of August, paying
the duties now In force, 80 that little or no additional
revenue would have been derived from such rsguls-
ton The time allowed was sulcient for this y bs as-
compshed At tho time Of the passage Of the supple
mental tariff act Of December, 1884, the subject pre-
posed, discussed and settled in two days. The
Secretary then ordered collectors by telegraph,
qure the rates 70 bs paid, not waiting for tho mail
for the bill 70 bs printed. This quick work would
have succeeded in raising few thousand dollars addi.
tionai at that tme the act Of this month would have
failed Of this object
The receipts at this port FOR the last fiscal
year exhibit increase those Of the year previous
The tariff acts Of last August aud December were
the occasion Of this. Many think that under tho
tariff the mporatons will fall or 70 great extent, and
that the Will he diminished instead Of increased
thereby. II this be the TACT, which much doubt,
shall keep our money this country, which viii be the
best thing to receiving Increased revenue. The
belief of Congress in passing the that the
Treasury would be aided by to the extent Of nearly
$50 900 900 This may be an extravagant estimate bus
prefer accept rather than that Of persons whous
access from which form conclusions We hope
and believe the OF the government Tor the
suing year will be supplied by the derived from
duties foreign goods and taxes domestic industry
aud manufactures But short time will now eapse be-
fore the now Tariff and the Tax bills will he operation,
the former takes effect August and much OF the
latter relates the appointment Of officers the 2lst
remainder Of the act with the exception of the
sections relating to stamp duties aud income tax, going
effect September Il the Secretary Of the Treasury
having found impossible TO make the rccessary pre-
liminary arrangements before August 1.
Religions lntelIfucnce.