, 1864-12-13
TIE TOBACCO TRADE.
Convention Of Manufacturers at New
Y0Ek-11ccOmmeuda to CDn-
Erek8,


The report discusses the points Of the law ut
1epgth nnd states that with the close Of the year
1868 there were very few priced cigars made ia
Other. combinations having rendered, q few months
after its inception. their value Improbable. $40
per thousand being the cheapest grades Of thelr
The appreciation Of 1ahor and stock by March,
1861, was such that the same grade sold at from
$40 to $50 PEI thousand Wholesale, and could not
~, on the first Of July last e:5 and $40 tax was
added, IT can readily be seen how deletcriousy
the trade vas affected; 1t carried this grade of
might have been borne but for two contingencies,
which were adyc1se. II there had been inferior
grades Of tobacco which manufacturers could have
%oad have ~ aaa no mpes
or 800 per thousand.
But unfortunately all leaf tobacco ruled at e1or-
bitant rates, and there Was no alternative for man
ut1ftuIerB; they must either work the kind Of
which the grade spoken Of were naade, OF an inia-
sop sop stGsnE nsay g aa Il q %
depended upon Fetailers at Last, The man who
sold It wholeeale could get along for eonae tine,
fortunate. Costing him, though himself The man-
ufacturer, from $G0 to so per thousand, to afford
him profit 1t was necessary for him to charge ten
cents piece for them, and owing to the fact that
he would be obliged, IN many cases, to give pen
MES in chnnge. hs would actually be selling them
below cost: The report also points ont numerous
discrepancies or Inequalities IN tho tax and shows
how they could be obsiated or stricken from the
law. Ihe moro manufacturer gets for bis
cigars. the less profit he akes, for Instance II he
sell for $50 per thousand he will mike IS prodt,
but II be sell fer S31, he will lose IL because the
ta1 Will then h.. S15@ Instead pf $3, and go II he
sell for is, he may make IS profit; but II ho sell
for $J6 he will lose IS, because the tax will then
be rs instead VI S15. and this example will ap7ly
to iii gradcs.
STATISTICS.
The report presents many interesting statistical
tahlcs relative to the expectation and manufacture
Of tobacco In 1861, ~ $40 at pounds Of tobacco
were raised iu the United States. The imposition
Of the tax tobacco in the leaf is further recon-
1nendcd by the consideration that, united with
proper regulations for inspection, It will tend to
defeat the fraudulent practices By which the Goy-
etnment Ia now deprived Of much OF the revenue
due from this source.
The returns to the Agricultural Burcau for 1852
were $50 QUO QUO pounds a. the growth of that year
and for the year 1S63 aC7, ,30a71, During the lat.
ter year there were exported 1tl,693 hogshcada
{1 COO po1nds1, 1855 caaes {30Ii, 600 p0unds),
1855 bales 10 so, 600 pounds} and 2ts pounds
Of manufactured tobacco, making tho total number
Of pounds exported IL, I'll, ,33 leaving 1s7,6s6o.
ponnde for home consumption during the year
her /, 1852, Of the fiscal year ending June 30, 1861
brought revenue Of $1,000, G2ss.3 from manufac.
tUFers Of tobacco. These sources the H3cal year
ending June 50, 1861 yielded revenue Of $s,5S3,-
Gi3.77, derived in the following order:
Chewing tobacco. S9,1so,634 1oa., at
smoEing, viii stems, ;id5S d.. *s'''''s'.'41
Smoking, without stems, 1,ssG,aA
@1os., at &c. per rp................. y. 632Go.a0
Total. s7,os6,ost.74