The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-03-10
COMMERCIAL NATTERS.


the German Empire.
The revenue 81 TIE German Empire was in
's7f, S. 81 1913 thalerg, against 50, 1872, ~
.halere 10 1873 The deficiency j. caused by
filling Of in the import duties, which were
~. ~ rs tLalers, against Al, 759,45S thalers.
'his IN not only Tie result OF the financial
:raublcg brt also Of the taking off and roduc-
.iln 81 Ggti:s on If i and he dimini he'd i'm
sna8e' wires, coffee aud tobacco.
Tb. New Tax and Tariff Bill.
80 following is the full text of the nov
.ax an I Tariff bill a3 it has become a law:
= it caaccd By he Sanote ard House Of RAJ
.4ttIrc& n He Ga1ei States Of 1merica, ia,
.n"{gsyy assembled, That from and afLer the
lac q tlio passage of this act, there shall be
Levied and collected on all distilled spirits
hereafter produced in the United States tax
of ninety cents On each proof gallon or wine
gallon when below proof, to be paid by the
dlstller, owner Or person having possession
thereof, before removal from the distiilery
bonded warehouse; and 50 much of section
L0rco thousand two hundred and fifty-one Of
ne Revised Statutes Of the United States as
.s iuc0aaiS.. Mt here Nth Is hereby repealed.
Sec 2 Tina, section three thousand three
bundled and sixty-ciglt Of the Revised
Smtatc, he and tho same is hereby amended |
BY striking out TIE words twenty cents 81 |
pound, aud Inserting in lieu thereof The |
soris "tweuty-f0ur cents pound" Pro- |
Ttied, that the increase Of tax herein provided |
'or shall moi apply to tobacco on which tbs |
ttT under tie existing Law shall have been |
paid when this act takes effect. That section |
three thousand three hundred and ninety four |
Of the Revised Statutes Of the United States
Sa amended by striking out five" wherever
1t occurs III that section, and inserting s'six,"
and by striking out "fifty" and inserting
'seventyfive." Provided further, that when
ever it shall be shown by testimony under
oath, 70 tho satisfaction of the Secretary
OF the Treasury, thata person liable TO pay
the increased tax upon tobacco, cigars or
Cigarettes, by this act imposed, had. prior to
:he 10th day of February, 1875. LA !e con-
trnct Tor tho future delivery of such tobacco.
cigars or cigarettes, at a fixed price, which
contract vas IN writing prior to that date,
such tobacco, cigars or cigarettes may he de-
'lyerci 70 the contracting party entitled
thereto under special permit from the Com
missioner of internal Revenue provided there
-or, without payment Of such additional tax;
Dat tho said additional tax shall be lien /
thereon, ana shall be paid by and collected
rom the purchaser under such contract be-
ore the Sule or removal thereof by him, aud :
Fhen demanded by the collector of internal
cYenue for the district to which the same A
nan be removed for delivery to tho par ,
haser; and any sale or removal by such pur- ,
ha e, prior to the payment OF such tax, |
hall Hubject him and tie tobacco, cigars Il
+ cigarettes so sold or removed to all the J
'eullties and processes Of law provided in =
ne case OF tobacco manutancturers so selling
+ removing tobacco 70 avoid The payment Of T
sec. :. That on MI molasses (not including
lnk-bottoms, syrup OF sugar, sugar-can6
nee, me!ado or concentrated moladol and T,
II sugars, according to the Dutch standard :,
4 color imported from foreign countries,
acre shall IT, levied. collected and paid, in
4tl'lon TO the duties now imposed in sched- J.
* q, section 25gi OF the Revised Statutes. IN
q amount equal to twenty-five per contum of OF
~ duties rs levied upon the several grades Gt
i rein designated; pr0cid@l. that concen- IN
Rtcd meiado or concrete shall hereafter be sp
laaed rs sugar, du'ilble accor ling to color tn
!. the batch standard, and meado shall re
T kuo"n AID defined as an article %
ade III the process sof sugar making, being u
=" ctne juice boiled down to the sugar point ial
IL containing ali tue sugar and molasscs On
hiiitng from the boiling process, without III
~ process OF pnrgng or Qualification. and IN
ny and all products Of the sugar cane i'm re;
rted in bags mats, baskets or other than sol
;ht packages, shall be cons dered sugar, and wi
table as sugar And provided further, tht
nat of the drawback on refined sugars ex- i'm
rted, allowed by section 3019 Of the Revised
tute5 of tie United States only one per ing
ltum OF the amount shall be retained by DO
3 United States. nit
zee. f. That SO much Of section two fbou- 1862
III i've hundred and three OF tho Revised wee
tutos as provides that only ninety Der to
ltum Of the several duties and rate, of OF
" imposed on certain articles therein emu seas
rated by section two thousand five hundred tcu
| four shall be levied, collected and paid yea
and the same is hereby repealed, and the ma,
yrll duties and rates Of duty prescribed in rail
I section two thousand five hundred and MINI
T shall be and remain as by that section int
ed without abatement of ten per centun enc.
provided u section two thousand five hun beel
d and three. Bros
&c. .. That the increase of duties pro deli
Il by this act shall not apply to any goods, and
eS, or merchandise actually on shipboard cont
bound 70 tho United States on or before W
tenth day of February, 1875, nor on any at Al
: goods, wares or merchandise on deposit tire
'arehouses or public stores at the date OF OF Il
passage Of this act. later
3D.. 6. That nothing contained in the act past
Tied San act to amend existing customs have
internal revenue laws, and for other pur- port
IS, approved February s, 1875. shall he Broa
'trued to impose any duty on boiling and.
rs, Heretofore admitted free of duty; nor mine
qulrc the use Of a stamp upon the re- these
III the rceeipt-book of savings bank or chan
tGtion for savings having no capital stock annu
doing no Other business than receiving nish
sits to be loaned or invested for the sole cotto
fit Of the parties making such deposits, FIR
out profit or compensation to the asso- plies
~ cr company, when money is paid to 18th
sitor on his pass book. bags,
.h,,r, . a., - uary
,I..i s,., """' ult.,
. 800 80 lo"H' NJ "PpioPriatIohs haae the o
. 9si. lor 'ne support OF the clusi'
II not exactly known, but approximates tLaTo
GO0,Oo0. The expenditure for several ~, 70
= exclusive of the interest on the public on p !
IL / oune o. III 'Le o'Ies sc, 20t
80 annua
'i'o't 1900 22 io-5..'.' siSo, 1860 get so
iC,Ss, go ''s'.= - ddogSo than
I539aI S5i iS-& &C. s' 90 o ooa is MOI
the figures f5r 1915, the appropriations g.1lv'
Sl75, i65, 757. To this sum the late Con 70 g.
] =. 4