The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-03-12
THE NEW ORLEANS Blu LLETlN FRIDAY MARCH y 1918
distilled spirits thereafter produced in the
United States, tax of ninety cents etc.

| Oullcu STATES, d LdA VI ulucty CtutS, ttC.
In regard to tobacco, cigars and cigarettes
the increased rates take effect the night be
fore, or at midnight on March I'd, becaus
the law says:
s'That the increase of tax herein provide,
for shall not apply to tobacco on which tn
tax under the existing laws shall have beer
paid when this act takes effect"
And this is qualified by the following en-
acting clause:
That from and after the passage Of TIL
act. etc.
Whisky made after midnight, March )
pays 80 cents per gallon. Tobacco, cigar:
aud cigarettes, which have not been stamped
before the morning Of March 3, when the il.
ternai revenue man went to see, must pay as
follows; Tobacco y cents per pound, without
regard TO kind, and only withr gard TO manu-
facture; clgars s. per thousand; cigarettes.
weighing not more tnan three pounds, u Jj
per thousand: cigarettes weighing more than
three pounds, IS per thousand.
The above applies exclusively to internal
revenue. Let US look at customs:
The sugar section, the ten per cent. section
and the free importation oil bolnng cloths
commence at midnight, March 2, except as to
goods. wares, or M rcbandse actually on ship
beard February 10, 1915, or on deposit in
bonded warehouse Or public store after mid
night, March 2 and to these exceptions no
increase Of duty shall apply. The merchant,
in cases Of these exceptions has by the terms
Of the act The advantage on his side. The
cases to arise are few, and will be adjusted to
the satisfaction Of those interested
The provision in regard 10 The savings
banks is not Of public interest but commences
It's operation at midnight On March ,.
Exports 10 Europe.
The New York Post of the 9Th inst SAYS:
Inquiry at he Offices Of the vlrous ocean
lines shows that there is general
falling off this season in The volume Of ex-
ports from this port TO Europe. Freghts, as
a rule, are low or medium. 3 9TH facts are
attributed to the abundance Of the crops last
year throughout the world, and the conee-
quent decrease i'll the foreign demand for
grain and provisions from this country.
decrease is especially noticeable in the
shipments Of cotton from this port, as the
bulk OF this staple is new shipped directly
from the Southern ports. These were last
year visited ty comparatively few vessels. the
gram trade then being paramount.
The steam ships are taking fill carg0es. AZ
hey always do wlea the trei3hs Are low
enough, tile loss bling borne by the sailing
vessels Most Of the lines are not raining Sd
nany stea ners rs year age, but could |
-ds'y I'LL as nany Il their rates eo;.Iu Dc |
urtaer reduced.
Revival Of Trade
In the course Of long article o. The sprin |
raaa, the Chicago lrt5u4e. Of the oh inst,
confidently predicts an early revival Of tr4Ie,
nd says:
TIE history IT p7nicS fnliy iastiti 4 Tic
predictions that are Row made n t
i sldes as 70 . gener revival Of business
bis spring It required about eighteen
lonths after the panic Of lS57 70 touch bot
N, reach lizard pan, and settle and adiast
'iSes so rs to setcoMmercial affairs in process
: revival.
1t w.s necessary then, W, it has been re-
ently, to give the real estate and cher .sDecu-
.tols an opportunity for saving wh4t they
onli, making such sacrifices as We're una
and going through the Clearing
Louse, so to speak. The bulk OF this sort Of
lsiness IS over. Nearly al the bellows that
are tated to collapse, and all the kites that
ere destined to fall, have COLLAPSED and fal-
n. Some men have been obliged to give
ay altogether; others have surrendered a q
art OF their supposed but fictitious wealth, !
Id saved part. But pretty much all the !
:cant places have been filled, nearly all the
'okS haze been balanced, settle |
ents made and losses entered up. !
I'd those who have not been swept {
way entirely are III condition to 90 ahead
ain on a new and sounder footing The =
mic vas the inevitable CONSEQUENCE of an
ii tted speculation and unnatural prospect c
, growing out Of the islusive profits of the y
VII war, when the destructi ion of property ;.
IS actually made to figure up an increase OF
9alth by reason Of the false valuation put
on governmental and individual certlf-
az of ind g. ~
6 accumulated disasters Of several years it
not unnatural tina. the shock was severe I
e, and the recovery slow. p p
One OF the trustworthy signs of an usually
old and strong revival OF business this
ring is the excellent condition of the farm
class. The last year furnished strong G
ntrast with the preceding. The war against n
} railroads had its effect in very general o.
1 important reduction in rates and cOnse- y,
ent increase OF prices for the producers :
g experience of the year before had also
De marked reduction in the production
those actlcles the supply of which had :,
ably exceeded the demand. natural con- L
uence OF these two circumstances was an vi
oroyement in prices, the great benefit of g
ch was enjoyed by the agricultural classes,
not by the middlemen. The farmers
retore, feel better off this spring than they
e at any time within two years, and the
spect for good market and fair prices
year is promising one.
mother sign Of renewed confidence is to
ound IN the greater liberalty of the bank
ana capitalists with money to loin. For
ar succeeding the panic, the bankers pre- {,
ed to keep their vaults filled with money
er than reduce their rates or accept any
g but the most absolute security against
Their experience since the panic has
"n them that this policy does not pay, and
are now willing to unlock their safes
lend money for commercial purposes in
usual way and at lower rates SO. with
corporations and individual capitalists
loan money on real estate, ample loans :.
be obtained at low rates and on reasonable y
missions and security. All this will con-
tie to the relief OF those who are still in
ess. and to the enlargement progress and
dence OF general business.
IS Mary L. Kellogg a Connecticut girl