The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1874-12-03
Internal Revenue Statistics.
WASHINGTON, Nov.

WASHINGTON, Nov: 10.
commissioner of Internal Revenue
douglass reports receipts for the last
fiscal year at $102,64, az, or AZ Ga 74S
III excess OF the estimate. The estimate
OF the currenj fiscal year is $1O7. 900 600
Inc total drawback on spirits, tobacco.
and general merchandise for the mast
fiscal year was $50 ,346, and for 1874
$35, 495. No spirits were exported for
drawback during the last year, and the
quantity OF tobacco was very slight COM
pared with the amount exported in bond
The amounts refunded for taxes ILLEGALLY
collected were $61S,667 in 1873 and
$239, 749 in 1874. The receipts from dis
titled spirits for the fiscal year of 1874
were $49, IA 900, net decrease of A.
800, $50: The receipts from special taxes
On rectlhers and dealers show an increase
OF $685. Alb. The production of shirts
during the year was 69,572,OG2 taxable
galions. seizures amounted in value to
$416, 1859. The amount of distilled spirits
remaining in warehouse Sept, 30. for
payment of tax, was $12,577, O96, making
a decrease of $3,24O,G1 from June 80
The amount remaining for export was
reduced in same time from 2 ,145,O1O gal.
Ions to ,O47, ia gallons.
The annual receipts from all source s
relating to fermented liquors for the
year were $9,3O4,G79.
Receipts from tobacco In all forms.
$33, "a, o75, decrease of 81, 143,427, due
to the closing out of bonded warehouses
IN the early part of the year and the effect
of the panic. From November to the
present time there has been a steady in
crease OF collections over anv previous
corresponding period. The largest
amount collected in any quarter was the
first quarter of the present fiscal year
$lO,16s,754. The receipts of the fiscal
year from this source are expectcd to
aggregate $36 100000.
The production of tobacco for the last
fiscal year was us, JAS, G19 pounds, an in.
crease over the preceding year of 2,1O7,
6S4 pounds. The number OF cigars.
cheroots, etc, on which taxes was col
lected was 1,SSG697, 1893, or 1866, S52 in
excess of the previous year. The guam.
tity of tobacco removed without payment
OF tax for expectation for the fiscal veal
was 1O,SOO,927 pounds, an excess OF
nearly threc-quarters of million pounds
over the preceding year.
The Commissioner considers it indis.
pensably necessary to control the move
ment of raw or leaf tobacco by the con
tlnuance of the leaf clauses of the act OF
June 6, 1872.
The receipts from other sources were
Bank deposits, savings banks, capital
and bank circulation, S., 1897 900: ad.
hesive stamps, $6,136,S44 penalties
1894 PIG; articles and occupations for
merly taxed, but now exempt, $164, $50
The Commissioner extols the working
OF the system abolishing Assessorships
and leaving the whole matter with the
Collectors as securing more prompt pay
ment and larger amount of tax.
The tax against banks and bankers
realized So, 600, 734, an increase of $4O3,
Ol3 over the previous year, notwith
standing the financial disasters of the
fall OF 1873, and is largely due to the new
system OF assessment, the results OF
which are still more apparent in the rise
from collections from special taxes the
last quarter of the fiscal year 1872, wher
they amounted to 81, 3O3, $50, agaius,
So,S5o,5S1 in the last quarter of the fisca
year 1874
Inc commissioner suggests that the
bureau OF Engraving and Printing, here
after, upon his requisition, furnish al
the stamps necessary under the law ex
cept proprietary and documentary, and
asks positive provision from Congress
upon the subject.
Should Congress wish to abolish stamps
on bank checks, etc, perfumery, cos
metics, patent medicines, matches, etc.
which yielded last year SO, 1876, S44 (bu
he is still of opinion that the revenue
cannot be reduced with safety, the Com
missioner says an equivalent could bt
had by increasing the tax on spirits ter
cents per gallon, which would yield SO,
957,OOO, or four cents a pound on tobacco
would yield $4,612 200.