The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1874-12-04

REroRT or L. 5. TREASURER.

]
I The annual statement OF Treasurer Spin
ner 10 the Secretary Of the Treasury exhib-
its the transactions OF the ofii.e IN detail for
the year ending with June, lssi. A compsri-
son OF the tables Of receipts with those OF the
year preceding shows a falling OF from Gus
toms Of ga SIS, $50. aud Of II .Sl5 Do on se-
count OF Internal Revenue. Nearly. N not
the whole Of the decrease of receipts from the
latter source i stated 10 De due 10 recent
chsnges in the law. while the falling on In
the customs duties seems to have been caused
solely by the panic that occurred early In the
fiscal year. and made itself feltsto the end.
The expenditures. exclusive Of those on ac-
count OF the public debt, - compared with
the year before. have been decreased sl,sss,-
REPORT or COMMISSIONER or CUSTOMS.
The forthcoming report OF the Commits
-ioner Of Customs 10 the Secretary OF the
Treasury gives the following items OF inter-
est:
Ihere was paid into the rrcasury for the year
ending with June last. lf3 los. sS on account of
customs; in hnes, penalties. and forfetures.
stol 81; steamboat inspections, ss14 go labor,
drayage storage. etc, i5 .tss Marine Hcspi-
tai tax, 35s So. Official fees earned by collec
tors. ses4 sss. making in round numbers total
Of lt5. 40 ,JB. There was paid out Of The Treas
ury on customs account, s2s .SS.Ss This sum
includes a. .3l9 .tJI. expenses OF collecton ef.-
%, 70l. refunding excess Of deposits on duties;
I sol 81 on debentures, 81. - .O54 on public
buildings; ~ 80 So. construction and manten.
anee Of lights. sl.los. SIS. construction and
maintenance Of revenue cutters saCe .0S7. Marine
ne-. penalties III forfeiture els. Ia. pre-.
serving life and property from shipwrcck; and
l7O SIS. miscellaneous accounts.
REPORT or COMMISSIONER or INTERNAL
REVENUE
The following IL sn sbstract or the report
Of Commissioner OF Internal Revenue Doug
las 10 the SECRETARY Of the Treasury:
The receipts for the fiscal year were lcs 50
747 or O.: ga az in excess OF the estimate. The
estimate Of the current fiscal year - lo7 900 oo.
The total drawback on spirits. tobacco. and gen
eral merchandise. for the past fiscal year was
exported for drawback during the last year, and
the quantity Of tobacco was very slight compared
with amount exported in bond The amounts re
funded for taxes Illegally collected were ssls .d5s
in ISIS. and ~, 7f9 in Is74. The receipts from
distilled SPIRITS for the fiscal year Of 1874, were
ss9, ~ 90. . net decrease OF 81 .es5 80: The
erz show an incre-e Of -. as. The production
Of spirits during the year was .. SAG Orr taxable
gallons. seizures amounted Al value 20 si75
Dr.. The amount OF distilte spirits remaining
warehouse sept. 30, for payment ~ tax. was
sls 81 o5, making decrease Of sS.94o.6lS
from June 30. Tie amount remaining for export
was reduced In same time from ,, lf5 ole gallons
% .07,7li gallons. The annual receipts from
all sources relating 20 fermenied liquors for
the year, were s9.3f ,6ss. Receipts from
tobacco in all forms. ss3 go. IS. q de-
crease Of sl.l43,s az due 20 the closing
out Of bonded warehouses IN the early part % the
year and the effect Ct the panic. Prom November
to the present time there has been a steady in
crease Of collections over any previous CORE
spending period. The largest amount collected
in any quarter was the first quarter Of the present
fiscal years 10 To- 5s4- The receipts Of the rs
cal year from this source are expected o. aggre-
gate . 81 90 GO. The production Of tobacco for
the last fiscal year was IL 5is .6l9 pounds. in
crease over the preceding wear 81 :. i07 Ca
pounds. The number Of cigars. cheroots. etc.
on which taxes was collected were - 90 80.
or - .sS1 So in excess q the previous year. The
quantity Of tobacco removed without paw ment Of
tax for expectation for the fiscal wear was 10.
roD ~ pounds, an excess 81 rearir three quarters
Of n million pounds over the preceding year. The
Commissioner considers IL indispensably neces-
sary u control the movementOf raw or leaf tobac-
by the continuance ~ the leaf clauses u the act
~ June g. l-7s. The receipts from other sources
and bank circulation. $50 100; adhesive
stamps. 81. ls6 sss penalties. s1si .si6. articles
and occupations formerly taxed: but now ex-
empt s.t4 49,. The Commissioner "-tols the
working OF the system absii-hing As-esaorships
and leaving the Whole matter with the Collectors.
a. securing prompt payment and a larger amount
Of tax. The tax against banks and bankers re
allied 81. 60. "a. An increase Of etB. el3 over
the previous wear, notwithstanding the financial
disasters o. tire fall Of LIS. and j. largely due o.
the system OF assessment. the results Of
which are still more apparent in the rise from col
lectons from special taxes the ast quarter Of the
hscal year ls.2, when they amounted 90 $3.50
$50 against s. 80 .5-l in the last quarter Of the
fiscal year la. The Commissioner suggests that
the Bureau Of Engraving and Printing. hereafter.
upon his requi-iton, furnish all the stamps neces
sary under the law except proprietary and
documentary. and asks a positive provision from
Congress upon the subject. should Congress
wish 70 abolish stamps on bank checks, etc.
perfumery, cosmetics, patent medicines.
matches. etc which yielded last year 8. l55 so
(hut he is still ~ the opinion that the revenuecan
not be reduced with safety. the Commissioner
save equivalent could be had by increasing
the tax spirits 10 cent per gallon. which would
yield $685. coo. or four cents pound on t0bac-
CO would yield s4.6ls GO.