The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1874-11-20
Revenue Receipts of the Last Fiscal
Year.

WASHINGTON, November l9.-Commis.
sloner oi Internal Revenue Douglas SAYS
The receipts Of the last fiscal year were
$l02 GA TAT, or $2,640,747 In excess Of
the estimate. This estimate oil the cur
rent fiscal year Is $l07, 100000. The total
drawback on spirits, tobacco and general
merchandise Tor the past fiscal year was
$52 2,340, and for 1874 $35, ,405. No spirits
were exported for drawback during last
year, and the quantity oi tobacco was
very slight compared with the amount
exported in bond; amounts refunded for
taxes Illegally collected were $01S,08 In
1878, and $3.50 740 in 1874; receipts from
distilled spirits for fiscal year 1874 were
$40 ,444 900, net decrease oi $2,G55 ,2Sl;
the receipts from special taxes on recti-
tiers and dealers show an increase Of
800, ,4l3; the production Of spirits during
the year was 800 ,572, ,0G2 taxable gallons;
the seizures amounted in value TO $476,-
3G2.
Distilled spirits remaining in the ware
house September 30th for payment Of tax
was 12,577,00G gallons, a decrease Of 81
2406l3. From June 30th the amount re.
naming Tor export was reduced in the
same time from 3, 450ll gallons to ,O47,-
TIA gallons. Annual receipts from all
sources relating to iermented liquors for
the year 1904 G70 Receipts from tobacco
in all forms 3.242,S75, q decrease OF l.
l43,497, due to the closing out Of bonded
warehouses in the early part OF the year,
and tho effect Of the panic. From No.
Vember to the present time
there has been steady increase
OF collections over any pre-
vious corresponding period. The largest
amount collected during any quarter was
during the first quarter Of the present fls.
oSl yosreSin.1f2.754, The receipts
for the fiscal year from this source
It Is expected will aggregate 3600O000
The production OF tobacco for the last fls.
cal year was 11s54S,6ls pounds, an in.
crease over the preceding year OF 2,l07,.
GS4 pounds. The number ot cigars,
cheroots, &C., on which the taxes were
collected was 1,SsG.O97,40S, or 70, Coz, $50
in excess Of the previous year. The quan.
tity OF tobacco removed without payment
ot tax for expectation for the fiscal year
was l0,SO0 ,027 pounds, an excess Of 750, 900
pounds over the preceding year. The
Commissioner considers it indlspensibly
necessary TO control the movement Of
raw or leaf tobacco by continuance Of
the leaf clauses OF the act OF June 9th,
1872. The recpipta from othOr sources
were: Bank deposits, savings banks, cap
ital and bank circulation, S., 1887 100; ad-
hesive stamps, $G,13GS44; penalties,
1854 ZIG; articles and occupations for
merly taxed but now exempt, $7G4, $50.
The Commissioner extols the working
of. thesystem Of abolishipg assessorships
and leaving the whole matter with the
collectors as securing more prompt
payment and larger amount
OF tax. The tax against banks
and bankers realized $3,0OO,794, an
increase OF $403,013 over the previous
year, Notwithstanding the financial dis
asters OF the fall OF 1878, and it is largely
due to the new system OF assessment, the
results oI which are still more apparent
in the rise from collections from special
taxes the last quarter Of the fiscal year Of
1872, when they amounted to So, ,303, $50,
to $685., ,5Sl in the last quarter OF the
fiscal year of 1874.