New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1872-12-02
NETWORK DAILY TRIBUNE. MONDA
the collection Of taxes from this source Tor the
ended June 80. 1872, Ia as fOows'


the collection Of taxes from this source for the sca year
ended June 30. 1917, is as follows'
OF cbevins tOs,coo nus &C. elias, cent. "a SsSiSso
OF smoking tobacco scrap. sots' &C. ' " ~ g565'@I
s ls S.TsSoSs. June g. ism 90 is1i 2s
Total product for
The number OF cigars cheroots. &C., on Which saAcS
were collected during the last fiscal year, was ioH
7o ora From the above statement will DO seen that
the entire product of tobacco o
the fiscal year ended June 80, 1874 exceeds the toa
product Of the preceding fiscal year by i4ssS2 POUNDS
while tho aggregate quantity which reached TAXATION
for the last fiscal year only 1885 pounds in excess
of the quantity which reachcd taxation the preceding
year.
EXPORT BONDED WAREHOUSES; AND MANUFACTURED w
BACOo IN BOND M.
~. ,.,,.,,,,g &, ,,ore in Oh. several export bonded
w.,shoss ON the 1,t ds Of Jolly, 1917. ?6Soss
Placed bond during the year ended jane %
20 8S $50
There -ee s1Sh'rANn M ssss ssi
wSsrswp on payment Of during the fiscal ended -,
June 30 "sS
Making total Withdrawn during the asc,l year ended "a m "a,
June 20,
And leaving balance warehouses July 1871 of, sJ0s'
have seen nothing yet which leads me to diStrust
the practicabity and complete success OF the provi-
sons made by the act of 6. 1872. for facilitating
the expectation OF tobacco to foreign countries ANY
radical change In the law and regulations touching
business so varied and extensive as is the tobacco trade
themselyes TO the alteration For this reason such
changes should be "a infrequent as p0ssDeanu ohy u
upon urgent necessity. That such necessity eNsVeu
for aboshng the old system Of bonded warehouses az
ports OF entry which allowed tobacco 70 De stOreu
for home consumption well as for export ana 10 20
Withdrawn therefrom ut any time upon the payment
Of the few persons except those VINO eoyeH Lnc
privileges OF such warehouses have expressed 1Ouot
finder The present law the credit system is entirely dis
pensed with, and special privileges are gwen
for making monopoly OF the trade IN manu- SsInns
affixed indicating the payment OF the tax before u Il
removed from the place where Is made e1cep. sna
which intended for and actually bonded Tor export W
foreign country before 1t leaves the mandatory rms
system it is believed will greatly widen tne ne.u from c1p
any district in the country the manufacturer ming MS
and STggdes as s for e Of taTs
tobacco by any person who desires 10 export giving
an allowance Of drawback for the taxes paid PRIV
Ieee which was not allowed under the previous law
Persons having in their possession toDaSSo
however badly damaged and unstable even 10 SHGn
degree render it worthless for sale OF
can BY exporting the same, always realize thererom al
amount equal to the tax
NEW DIES FOR CANCELLATION OF STAMPS
Since the passage of the Act of June o. 1917
which authorizes the Commissioner OF Internal Revenue
to prescribe such instruments for canceng stamps io
tobacco &c. az he and the Secretary Of the Treasur,
may approve steel die for the cancellation OF regis
tered tobacco stamps been prepared and furnished
\ TO every manufacturer OF plug and fine cut cnewns
tobacco In the country the expense of the Govern
ment This constructed as to drive several por
tons of every stamp the wooden package and iode
them there 80 that IL the stamp should be taken IRON
Ss driven into the wood to be reused
other package and without the presence OF the Poroh
reaured to be driven into the Wool the irduu Wouu
Immediately be apparent The use OF this die 10 mae
Imperative by regulations aud It's operation Il Nerl
generally satisfactory. - 80
] RECEIPTS FROM 7IkIoUs SOURCES.
The following table exhibits comparison
Of the receipts from all taxable during the las
two fiscal years. not already presented in this report:
BaAE. and Receipts fiscal Receipts, fiscal
q Bankers year 1911 yea, 1871 Increase D'',s"'
! Ban. d.Do.i.... AZORES 81 ,elia7 70 sasss ...
( Bank circulation 337Sl 81 sos |" 80. 1Y-- y
To,n. 3sa9n 50 t.Gas2s9 ~ 9s1.sO1 II 1917 II
Income from in
B divduAh, in
G Tlsans lsc2am@ s1l,sO@ s,'lO,''l q
S uss VrOst''. IsQSs1 IS 2iss5a 81 6lssSS e"
\ Railroad comps
MES dividends
5 Sne Vposts''. II2iG,s 50 iesises T9sss
on o nSoDd &''o gass isios Go sBsai %
Insurance COM
dends sne
4 s.s'"."e..'"'. nn.a@n 2D.s1l Il 1859 go.
somc...,..... bs.7oa 1919 80 aHi " 80.
ro..l I9I62S5o IS H1,S,ssI "a i7sI7l ssiOssl 1,
!, 3, g q 2 s,,l1. s s3sssis. -
The increase on banks bankers is t9s3sss gas
s2sS6 and adhesive stamps $50 5s The decrease
I'm the receipts Of income from individuals was ,6l096l
S17s57 were however Offset by the increase in the
turns from corporations, so that the balance shows
ing Of in the receipts OF income from individuals ia
chiefly owing to difference IN the rate OF tax vi the