Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1877-11-28
Report Of the Commissioner Of Internal
Revenue.
THE WHISKY BUSINESS.


A Washington dispatch, dated No
vember Dist, says the Commissioner
of Internal Revenue has handed
in his report to Secretary Sherman. It
shows during the last fiscal year 952
distilleries registered and 4, $40 operated
The net aggregate increase Of receipts
from several sources relating to distilled
spirits for the fiscal year, is 81 O43 "a 3444
An abstract is given of reports of dis
trict attorneys for the fiscal year showing
| the whole number Of suits commenced
5,S2S; suits decided in favor of the
United States, 1897 suits decided against
the United States Cos; suits settled or
dismissed, 3,O46; suits pending July LIST,
1877, 6,0S5.
A statement is made showing falling
Oft IN the total amounts assessed in the
year 1877 Of 81, 7O4, 1874 from the amount
assessed in the previous year, an amount
almost equal to the decrease Of assess
ments of one single article of distilled
spirits seized Or fraudulently removed
on which there was assessed in 1877
81 ,7O7 ,299, less than in 1876, in which
year very large assessments were made
on account Of the stupendous frauds
committed by distillers in various parts
of the country and discovered in the
latter part Of the year 1875
THE TAX ON DEPOSITS,
capital and circulation Of banks, &C., in
the fiscal year ended June 80, 1877, was
500, 437 less than in the previous year, q
decrease which must be accounted for
by the general depression Of business
prevailing in the past year and to which
many banks, and particularly savings
institutions, were compelled to succumb.
1t should, however, be remembered that
the amount reported in 1876 showed an
unusual increase ($211 1922 Of tax on
the current banking business Of that
year over the previous years.
THE AMOUNT ASSESSED ON TOBACCO, SNUFF
AND CIGARS,
removed from the factory unstamped
shows the large increase Of S6l4, 800 over
the amount assessed in the previous
year, the amount so assessed in 1877
being about four times the amount as
sessed in 1876, tO-Wit S419,3OS. It is
true that assessments, equaling in
amount this excess. were made against
|
North Carolina on tobacco alleged to
have been fraudulently removed, nearly
fifteen months prior to the date Of as
sessments, and that additional evidence
was subsequently filed upon which an
abatement of q large part of assessments
was made Nevertheless, even after
making these deductions the value Of
the safeguards provided by law, other
than that of affixing stamps is demon
strated by the figures above given.
The total quantity Of distilled spirits
in taxable gallons at seventy and ninety
cents tax placed in distillery ware
houses, withdrawn therefrom and re-
manning therein at the beginning and
close of the fiscal hear ended June 80
1877 is given at "A, 143,3SS.
CAPITAL AND DEPOSITS OF BANKS.
Statements showing the gross amount
of the average capital and deposits Of
savings banks, other than national
banks, for the year ended May LIST 1876
and 1877 are given. Capital Of savings
banks 1876 $5,O16,659; 1877, s., 965, 800;
capital of banks and bankers 1876,
$2l1, 634 $50; 1877, $217, 215, 3SS; deposits
Of savings banks having capital 1876,
$3s, 2O7 ,S91; 1877, s3S.O55, $40; deposits
of savings banks having no capital 1876,
$S45, 1O9, 217; 1877, $S55,O57, 027; de-
posts of banks and bankers 1876. S4S3,
45S, 242; 1877, $475, 700, 004; totals 1876,
81, $50, 426, sos; 1877, 81, 591 ,006,519.
TOTAL COLLECTIONS FROM TOBACCO
for the fiscal year ended June 80 1877,
were 81, 1O6,546 In addition to col
lections of specified taxes from manu-
featured tobacco, snuff and cigars In
their various forms there are included
in the above total the collection for
special taxes on manufacture and sale
of tobacco, special taxes upon raw or
leaf tobacco and from sale Of export
stamps.
THE FOLLOWING EXHIBIT
gives the number of persons engaged
during the last fiscal year IN the hand
ling Of raw or leaf tobacco, in the man
ufacture of tobacco, snuff and cigars,
and in the distribution of manufactured
products ascertained from the amount
of collections from sale of special tax
stamps: Leaf dealers, 3.SOS; manufac-
turers of tobacco, $50; manufacturers
of cigars, 15,4 1852; peddlers of manufac-
tured tobacco, 319,C45
The exhibit presented by the foregoing
figures is, in many respects, a gratifying
one, both to the government and to nu-
merous parties engaged in the business
of manufacturing and handling tobacco.
THERE ARE THREE FACTS
in this connection which the commits
sioner deems especially worthy of note.
The first IS that production Of manufac-
tured tobacco for the last fiscal year was
greater than for any other fiscal year
embraced within reports of this office,
with the single exception of the year
ended June 80, 1875. Second fact: that
a larger amount of money was collected
from manufactured tobacco put upon
the market for consumption than dur
ing any previous fiscal year; and the
third fact is the pleasing one that a
greater quantity Of manufactured to-
baccO and
MORE CIGARS AND CIGARETTES
were removed directly from manufacto