The New York herald., 1864-12-12
The rece,p,, Afterwards we're

In So ienbsr ,Sl9, TO "
In Octooor kSVSo,oeV y.
Now, although the accumulated stocks Of exempted
taxable property may have beea large and considerably
beyond the immediate demand s the time OF the passage
tue law and although The increased taxation may have
temp rarily checked productiea 10 some extesis The
probability is that the chief for the absence OF
marked increase In the gross receipts from internal eve
can be found in evaious OF the several taxes more
or less extensively practised with mpunity, owing to
the imperfect system Of collection and this SUBJECT
therefore, calls for prompt investigation.
The income collected last year amounted TO only
$23 $50 0S3 which far below what 1t would have been
the prov II the Ia had been properly enforced
= II is estimated that the tax spirits viii Yield forty
millions during the remaining seven months OF the pre-
sent fiscal year and double that amount next year. by
raising the TAX however to three dollars per gallon the
consumption would not be- materially. at ALL dimin:
,shed would be propcrtonatey ircreAsed
The estimated amount of bales OF merchandise and
products about eleven thousand millions, on which
OF onehaf OF one per cent would produce fifty nvs
millions. Thus it will be that the tax fixed
at per the receipts would be two hundred and
twenty milliops and there Is for supposng
thA, two per cent would prove excessive. t
The difficulties Of collecting the manufactured
tobacco and cigars presents good argument in favor OF
taxing he whole tobacco product in the eAfat say
forty cents per pound. Hight ad valor tax might also
DO added upon the manufactured article. .
tax OF two three per cent rer galion IL sug
cesed crude petroleum oil but the latter 10 we'll able
bear imposition OF at least Ave cents per gallon
There doubt that great temptation Is held out
smuggle, lorg line OF and frontier
leaves vs. sxssed 70 systemats operations 10
defraud tie An crease Of preventive force
ashore the number Of boats, both the
lakes and sescoast, therefore greatly needed, and
Congress should provide accordingly.
The tots imports Now York for tho past week
pare as foil VS. with former returns
Week riing Nor. Is. Nop. 25 Deg. Dec q.
Dry goods. 1859 d78 2Te3i4 22s. .s04 sos, ,7C4
General mdso sl5 13e'9 800 l,27c,610 l,7o6,2l0
Total 81 $50, ,7ol 2 o6s 3s4 1,ao6sso 2oi4s4a
OF dry goods the New York imports follows:-
Iortte ,ce.k 1862. 1853. 1884
Entered at the port .ss3s,oi9 llss,3.0 3os ,7Oi
Thrown on market. 152,l52 l,l27 $40 4lS,l9l
Since Jan /.
Entered port s52 oa4 7l5 900 ss5 10 $50 $50
Thrown on market 57,4 ,465 OSs 6o,7oS,ast 65lsf DOL
Muller wilkins sold auction, on saturday, the fol,
lowing stocks and bonds
shares. Par Pric.
e5 Iiatford and New Haven Railroad -. 800 2I5
SO Central Park aud North East Riv Rt. 100 100
Bank Of Commerce. New YORK 100 Il6
35 New Worl Insurance CompsIy SO COX
so It. Nicholas Insurance Company. 25 70l,
10 Home lnsur ance Company. 100 1914
SO North River Insurance Company ...... IS IQ3sf
$1,000 Third Avenue 4. X. pee cent bonds ITO
$500 sun Mutual Insurance scrip............. SIX
The following table shows the aggregate Of American