The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1865-12-06

to their differences II should DO borne In mnd now
ever that the law in operaton but ten months ior
tho year ending June 80, 1853
Ranks TRUST ssIEs AND SAVINGS ISsrrruro rs.
tons to surplus su s7soeos ss1zoIo ssss1
Circulation. ...... N2.056,o96 l903, 34l
Deposits IoO,I2o ]utv,Doo
Tho tax upon dividends three per cent until jane
80, 1854 after which II was five per cent
Circulation" and deposits" were not taxed until
October, 1883
1884 when the duty upon circulation increased
BY the act Of March g. 1885, the upon deposits was
The tax % npon The 'cnpita crcuIaton and ode
posts OF national banks not received at this ONCE
nor included in the above
RAILROADS.
1862 1884, % 1885 1885,.
Dividends. ssss 6ss ss9s' sss s2ses 7 7oe
The duty was three per until July 1864; after
wards five per cent The same tax was then imposed
upon all profits carried the account Of any fund.- or
used in construction The amount received from this
source is included in the dividends for 1869
INSURANCE. coMrASIEs 100.
Dividends and addi-
tions to surplus. sa25, 4ss s44s,sec s7o4eas
menis ............ 80, DOL 5es5s2 ee1, SOP
Tax upon dividends upon dividends Of banks.
ments was one per centum until July, 1854, payable
quarterly to the Commissioner after that one and one
half per cent, payable monthly to the collectors
THE UNITED STATES Gov
ERNMENT
1883 $O3Olol
iss9 coo a ,5a
This tax 10 received only from those whose compensa
ton exceeds the rate OF 5000 per and was ut the
rate OF three per cent until July 1854 and afterwards
Ave per cent.
1854 aalI,Voo oa
Tax three dollars each until July l. 1894 Ave dollars
since. The amounts mainly paid through the De.
partment of State. small sum each year was received
REVENUE srAxps
1867. daod!s
isS5. ....''............ II, lo2 800
These amounts include the receipts from stamps re-
Quired by schedule as vol schedule 3 upon pro-
pretary articles matches, photographs and cards. as
well upon written instruments The law In respect to
these duties has been rpsasa.y ana yarousy moasn
receipts The large increase OF revenue Is due In no
small degree to the growing observance Of the law AZ
tor September l. 1884 stamps were required upon match
es and the receipts from that for the remaining
portion Of the fiscal year probably not less than one
ARTICLES IN SCHEDULE l.
s9oo' o.
1894. S2O s sss
The taxes here are specific upon carriages yachts bill.
lizard tables and gold and silver plate kept for use In
1854 the schedule increased by the addition Of gold
watches and pianofors but the change was made after
the annual lists in which the included, were
In the hands OF the collectors and the receipts reported
are mainly from the operation Of the statute OF 1852
LICENSES.
1854 ......-.... 10 Sss
The reccns from licenses like those from income and
schedule A. almost entirely in the report OF tho
subsequent TO the essment The reassessment I'M
DER the &c. Of june soa furnishes me prnSpS Ms cScSp
tho lists upon which they entered by the assessors
do not ordinarily reach the collectors until inter tho
30h OF June the beginning OF another fiscal year
The in 1854 accrued In part, from the addition
by Of March, 1853 the list Of subject
to duty and charge for several descriptions
license.
well from like addition under the act OF June 30
1854 and the increased tax upon Wholesale dealers
which, by SPECIAL provision Of the statute. imme
datey assessed additional to that assessed under the
prior law.
1854 IL gig 2!s
This with licenses and schedule makes up the an
nual list
come Of 1862 assessed in 1903 mainly included in the
receipts OF the fiscal year 1854 less than half million
dollars having been collected in 1858; and the receipts
for 1885 consist almost entirely OF the Tux assessed In
1854 upon the income OF 1868
Most OF the upon the income OF 1894 has been col
lcctcd tho commencement OF the cur mt fiscal
year 1896 and will appear in the next annual report
from this Office. small part OF IL Is found In the re-
Or the amounts collected in 1868 $279 333
turned at five cent upon incomes above ten thousand
dollars STU no at three per cent upon incomes Of less
United States securities o, that collected In 1864
Se9l3 1874 returned at 1--WE per cent s7a3o07o at
or that collected 1865 ss0l 94 returned at per
cent 4s at five per MT 80 69 GAG at three per
The receipts from the ten per cen, tax were all from
taxes upon the of 1854 II cannot easily be de-
tcrned precisely how much Of the receipts at five per
The spec al tax OF five per cent upon all incomes
six hundred dollars well from banks, railroads and
salaries as from other sources brought into the treasury
inoS AND srEnL VARIOUS SPECIFICALLY NAMED
1858. s62 500
/.
Tbe.e are the vare:s named and described in tho sew
enty NTH section Of the Of July 1892 amended and
somewhat increased by the act Of March 1885, stll
further enlarged with increased rates under the act s
rates after April 1866 Ps iron was taxsd two dollars
per ton by the act OF 1894 and during eleven months
ending June 30 last added nearly and half mil
lion dollars TO the public The additional twenty
per cent 10 tho rate, taking effect April J. did noe in
crease The receipts until May Several causes have con-
buted the tax upon these articles and Il 10
believed that II has almost universally been paid.
REFINED PETROLEUM AND COAL on
1885, NEUTRALITY-SUSPICIOUS.. Seaeo02
ls64....... 700 3zS
1900 SV4I2l1
The lax upon petroleum ten per gallon, and
upon oil distilled from coal exclusively eight cents until
June So 1894, after which the twenty aud
fifteen cents respectively The increased receipts In 1850
over those Of 1889 were owing largely to increased COZ
Increased duty This somewhat overstocked the marks
and during the following year checksdrefsng for hone
consumption.
1868. ...........".....,..... sS!eese
1891. osSt% ~
Specific taxes: graduated by the different values q the
cigars, were imposed by the act OF July 1852 These
largely increased In 1894 bet under the act OF
March 3 1885, the duty made uniform a. ten dollars
per thousand The anticipation Of additional tAx largely
Increased the manufacture in 1884 and the supply a.
that time has hardly yet been consumed.
ToBAcCo-cHEwfyo AND smoKISG. L
css "a
1909 .......'...s.''' So'.'s
Plug and ans cut tobacco mainly taxed fifteen
cents per pound until Juno 90 1894, when tho rate
Increased to thirty I'VE cents, and in March, 1885,
still further Increased forty cents.