The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1872-04-11
FROM WASHINGTON.
Tho Tobacco Tax.
WASHINGTON, April 5, 1SIs'

In view oil the 1acI tlEit Vic laN W" ''
in all probability, he fixed ut 20 cents per
pound. uniform, on all grades oil rG'n'll''+
turcd tobacco entering the market LOT con.
sumption, have thought 1t would not W
unintcresting to the tobacco interests vi . .te
State to give some facts and hSures as 10 ,, '''u
probable amount of tobacco whlcii VIII Inun
be consumed, and the amount OF revenue
which will be derived, at inns ra'e vi . 'ti'',
ton Taking the returns OF tue SIN l,loi' .1
of the present fiscal year, as SHOWN ~ tno
racords NJ fine Internal Revenue Depart
ment-
| The amount of tax-paid tobacco inr
the year ending 3otli june 1917 u" Inn mn MN Ms
DE-; r,ca for lac, y,ar. 5,ooe.0cO 1bS
| Whole amount as estimated hythe Dc
u.rtncut for the fiscal year ch'""s "a, mn ooo ms
| tn June, 1873. ...'..'..'.'''' .-=.------
This amount Of lO5,oooooo rounds 1T o ooo ooo m
| cents. 49,. - co,,t Zach w 70oes00O 90
l.!0N.'u".,"' ''c', -. ''s .., lGo00p0 on
Amount of internal revenue taxes from nm mn m
| all kinds of tobacco. ............. -
| This amount Of lO5.o0O.O0O. at the graded
| t,x nronoscd some time since. wouid
| nroducc two-thirds of same. or 49,, ma 80,
- '" co., I'ds ar III cnts.... 5,60c.Ge0 10
l.iU0.a0U.c09 cigars. 400 ooo ~
License tax ............'..''''' '''''''''
u-,.,o amount, .............s3o,i "oOo 90
| The nrcscnt amount derived from TO- .,o -
lmtco of the G2-ccnt class tax Is ,-au'oaS g.
The amount derived from l6-ccnt class. 5 -
Cigars. SNUFF ACKNOWLEDGEMENTS 20 ooo "o
I 1890, .,.,,,nc .....,......... G6,1!7 90
| Whole amount of internal revenue
from tobacco at the present Graded go, -, oo- e
tax of lG and 81 cents H'''''s''' -
Nh''le 'a,on va II, rr cn NV oa.oon.o00 on
| Tho reduction OF taxes from this
source M 20 cents. as compared Win .--,o,, 90
the revenue of last year, Will Dc..... ..,2ic.D ~
The above figures are derived from csti-
mates Of the head of the Tobacco Bureau,
and are based rather on what has taken place
| than what will be an future under the re-
duccd taxation on the ma or or plug interest.
| The reduction of the tax on this great i'll
terest. twelve cents per pound, will greatly
stimulate consumption, and will place the
amount consumed far in advance OF the
-. COO, coo pounds of the present fiscal year.
and I think the increased consumption IRON
This fact NAV he safely placed at ten per cent.
The passage OF stringent laws stopping the
peddng of leaf for consllmptivc or retail
purposes and the present illicit trade in manu-
Pictured tobacco will, moreover, greatly IN
crease the amount which will be consumed
for the fiscal year ending 30th June, 1873.
II NAV be stated thus:
Present increased consumption under 49,, o,or
increase rt,'1 on the plug Interest ly reason
* aS, 'o,e rounds 7.5en,oo lbs.
Increased consumption !'y reason OF
passage of laws stopping coiiSunp-
lion OF leaf and Illicit trade i'll nanu- n
flctured tobacco. H''''.''' '3'
Total consumption for the fiscal year
ending Snih june re- 900 DIS.
This amount tlo0. .oUo pounds, al 2Cc.
uniform :"-''".upp
l.!cu.mu.O'o cigars. ,.oo"'Vvv
S,u;.,I Irr,s,s ACKNOWLEDGEMENTS. 1.Uon.00h
Ss3.noo.ooo
This estimate is fair deduction from the
experience of the past. For the fiscal year
lSGj-'G. The amount OF taH-paid tobacco
was not greater than $4,000, 600 pounds. The
revenue derived from all sources that year
was $lG,j31 ,001.S3 the tax was then forty
cents per pound on plugand thirty-tiye cents
Per pound on smoking tobacco. The rcduc-
ton of the former to thirty-two cents and
the latter to sixteen cents, the present rate,
resulted in the Increased consumption i'll
six wears of over 10000 600 pounds. and an
increased revenue for the same period Of
81. 100000. When the tax on cigars WAS
from So to $40 pcrtholSand The revenue was
then S3,000,OoO; under reduced rate of s.
per thousand, the revenue increased last year
to $G,G00,00e.
think, Mr.. Editor, that these figures
Justify the prediction that Il reduction of the
rate of taxation of II cents per pound, and
making the same uniform, that the Govern
mcnt will reap nearly its present revenue.
which is S33,57S, 600. The present tariff on
mass licorice, &C., which enter almost en-
cll,Siycly into the manufactured tobacco, is
50, OO0. 600. The tariff OH imported tobacco
is S5,GOO,00o. Making tic entire taxes, IN
ternal and tariff. on tobacco and its ingrc-
dicnts. S4l ,57S.0 600. This is really one OF
those financial rocks which, properly struck,
send forth streams Of revenue, filling the
Federal Golfers. Yet. strange to say. an in
tcrcst which thus contributes S40, 000,O00
to the Government annually should have been
looked at, up to the present time, only with
an eve to public revenue, and not us well as
great industry to he protcctcd-an indus
try from which hundreds Of thousands get
their support and daily bread.
This tobacco tax has increased so rapidly
| since 1866 (thc year after the wary that it has
carried Virginia, in the amount Of internal
revenue paid, from the twenty-llth to the
| fourth State in the Union.
| The amount Of manufactured tobacco
shipped in bond from Virginia last
year "l,aV0,erO Us
| OF this about ten per cent. was cA-
ported. l,'ee.ocP b'
| Leaving Of her produce for taX-paid
uNacco. 49, :. o y. n -0 "