New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1866-10-26
,or Cotton in Bond
CALCULATIONS issued BY THE COMMISSIONER OF
INTERNAL REVENUE.

INTERNAL REVENUE.
From the Timss.l
WASHINGTON, Oct. 24-The following regula'
tons for the transportation of cotton in bond
have Just been issued by the commissioner of Il
ternal revenue:
TREAs'Y DEBT, OFFICE INTERNAL REVENUE,
Washington, Oct. u, 1866. !
1t having been represented that much hardship
4 and Inconvenience are entalled upon the smaller
planters and farmers, in tue interior counties OF
the cotton producing districts, in consequence of
the enforcement of recent regulations concerning
the removal of cotton 10 bond aud that bonds for
securing payment of the tax upon delivery Of the
cotton at the point of Idestiuatton may be taken
by the collector of the receiving district instead
Of the collector of the district whence the cotton
lis shipped as provided by regulations, series 2,
No. D issued from this Office under date OF July
! ISL, 1866, the following additional regulations
2 upon the subject have been adopted for securing
: the payment of the tax, and as afording the
measure of relief sought for by parties deslrous
of bringing cotton to seaports or oGiier places Iof
e kshipmeut from other districts Ihey VIII pc
! Eallowed to do SO upon executing and delivering |
Ito the collector of the district, where such sea-
/, port or place is oituated, a bond with two or
y more sufficient sdreties approved by the collector
y receiving it, conditioned for the payment OF the
J, tax upon all cotton for which permits may be |
It granted by the assessor of the district IN which
9 such cotton may be grown.
d This bond must be executed in penal sum
e equal to double the amount of the tax on the
d quantity of cotton intended 70 be removed and
IN rd7tSiH at any one time during It's continuance
e and assessors will be careful not to grant further
If permits upon any bond when the tax upon the
e quantity already permitted amounts to one.haf the
e sum named therein, until certificates OF payment
e of the tax on the whole or portion OF the cotton
}. transported under former permits are received
II from the receiving collector, when the additional
II permits may be granted.
i'd But in no case must the tax the quantity un-
lit der the permit and unaccounted for, exceed one
e. half Of the penal of the bond. Thus ii the
Id bond is given in sum securing the tax upon five
G. hundred bales OF four hundred pounds each, when
ne the limit is reached no other permit should be
at granted except upon the receipt or the certificate
w Of delivery and payment as hereinafter provided.
&c Immediately upon the execution of this bond,
or The collector to whom it is delivered will transmit
en- it, retaining copy thereof 10 his Office to the
assessor Of the district whence it is intended to
re remove the cotton who will thereupOn be author
he lied to grant permits tor the removal of tue cot
by upon application being made by the principal
IN or his agent.
10 Upon receiving this application the assessor
pt will grant permits in riplicate, Of which he
ch will deliver to the applicant, one will be delivered
to the collector of the receiving district and one
we transmitted to the commissioner Of interna
'e' revenue.
Gus The assessor must in all cases carefully insert
I've the permit the marks upon the bales and the mum
md bers upon the metallic tags, which he will eithe
nry affi1 himself in the proper manner, or in cas-
en-. this is impracticahle from any cause he will de
Ito, liver them to the owner or his agent, by Whor
Sc l they will be inserted in the bale, measur
and of protection against possible seizure and deter
ces. ton, as we'll as for means OF identification q
pes the cotton upon delivery with that named i'll tn
est permit.
fore If in such the cotton removed in this MAJ
icy, ner has not been weighed before removal by
la, duly appointed wagher, the amount OF tax name
big in the permit will be based upon the weight a
ozY certified by the or the proprietor Of the g
n house, and in such cases as it may vary from tn
was actual amount to be paid upon delivery by tn
by parties removing the cotton.
and In order to lrrive at tile true amount Of tax
King be paid on the cotton removed under these col
and itons it must be weighed upon its arrival in tt
Of receiving district by the officer appointed for thu
but purpose, TO whom fee Of twenty-five cents pt
ON bale will be paid for this service, and upC
Fere whose certificate of the weight the tax shall
gem collected.
pier Upon receipt of this certificate of weight an
lrge payment of the tax, the collector viii issue h
Il of certificate in duplicate One copy of this cert
ate cate will be delivered to the party paying the tai
ack who will present the same to the assessor, or
assistant assessor, of the district in which it wa
ling issued for his Endorsement; and certificate fo
'ut . the receipt of tax upon any cotton remove
ed under bond, in pursuance of the foregoing regt
k lations shall be received by the assessor holdn
am the bond unless bearing the Endorsement Of tn
ual assessor of the receiving district aud is
one panied by the certificate Of the Weigher.
way The parties to the bond, in order to obtain
MIS- collation. thereof, upon receiving from the co
Who lector 70 whom payment is made, his cerdheat
out thereof, and obtaining the Endorsement of tn
assessor as required, must transmit the samt
loe with the certificate of the weigher to the asest
no granting the permit, who will thereupon cred
sing bond held by him, and when the evidence sba
lber be produced of payment of the tax all cotto
to for the removal of which permits have bee
had granted, the assessor will cancel said bond an
the transmit the same, with all the evidence upG
which such cancellation was based, for Il
j, as approval of the commissioner OF internal rev
fore nue.
Where the evidence OF payment of the tax II
,eef quired for the cancellation Of the bond is not fu
nished within ninety days from the expiration
ice the time for which the bond was given to co
tinIa thh will transmit fhn til
i in Office with all the papers connected therewit
e is for such action as shall be deemed necessary,
that less an extension of the time for furnishing i
pou required evidence shall be granted upon apple
hing ton made to and approved by the commission
we of internal revenue.
lluy All assessors receiving the order given und
the foregoing regulations will keep an accura
II is record Thereof and also of all permits granted
see them under the same and will transmit to Il
pect Office monthly q schedule of all bonds receiy
1rks; and cancelled by them, in company with thu
have monthly statements of the bonded account
rings their district, in form 81.
sited The collectors Of receiving districts TAXI
y. bonds under the foregoing regulations must tra
mber NIT to the assessor of the district schedule OF
who such bonds giving date, names of principals a
met the disposition made thereof, showing the distr
alike. to which they were transmitted, and must a
ing enter upon form 90, each month, the amount
the tax received upon cotton removed under p
mts granted thereon, in the same manner as ot
either collections nponbonded goods SO that the amo
ohosa as collected be entered and reCeipted for
5 tile next succeeding monthly list.
lesaie These regulations are to be considered ad
ments tona to, and as not superseding those conta
los in series q No, S, or the additional regnlati
rs rs to Signed - ~ T. 4 ROLLINS,
thing n ,,,cI gqp z RLii
ays OF Secretary of the TIeasu,
3 that -----e-S 4sT
With. CorroN GRops.-From the most reliable sou,
az we learn that the cotton crop of our State
- scarcely be one third of that gatheredin 1861.
els OF This is not to be wondered at. On aGcoun
of tIof