The Bolivar bulletin. [volume] (Bolivar, Hardeman County, Tenn.) 1865-1888, 1882-12-14
Internal Rcrenue Renort

ana TO $I46.590tgB On round -fizrliras) in the
if-C~I wear last enlied Therfe n III 1,7obabIv lie
! present hsca year as compared with last year,
cnue for the EcurrPnb year viii fal baI8w
| sl45,0dJ,J 900 sbonfd the taxes now imnsed sbe
retained. II IS an old and sound maxim that
necessary for the -econo mIeaf admin sstration
of the Government and gradual reduction of
S si st e 9t 81 oPsFat .Taf on as may sTeTe e re
burd, N upon the iPepVle. FNhen the amount
Collected IS bey2nd the ac uaI needs of The
Government theip is presented con-
/ stunt tenptat on to eXtravr gauoe in ap-.
proPrlaftionS !, AI9other cons desaton attend
lie Treasury >cagIFsot have failed to att act
the prime tptl ef the public debt Be contim1ed,
ali bonds subject to call will be paid within
tnfee years, a4ter WnlCh the Government VIII
revenue, tor buy in the open market ~ per
cent bonds which'fall due in. l99l, Ortlle 4 per
cent bonds which fall due fn 1907. Should the
Government thus become an active purchases
Of these bonds before maturity it seems clear
per. cent. premiums to pay which would GER
| taiHiy be regarded as q waste Of q he peoples
principal of the public Gebt should be extia-
eUished, as originally contemplated. only a
zslte necessary to meet the a-requ iUsnents of
the sinking tIlnd-ViZ: ttC. the extent of about
SJ5 GOO,001 per anuum. Therefore it becomes
obvious that reduction of from St00)0,o TO
SiUUJO0J0 in the annual revenues of the cOun-
Try could be safely entered upon, aI1ds 10 my
Judgment, such reduction is urgently called
The great bulk of interua l-revenue taxat on
Is derived from disti cd spirits, niaIt liquors,
tobacco and cigars. These are 'artf les. .oI lux
my, taxes upon Which are really paid by eoH-
sHmers and no one need consume them. 4 am
sfgongig 81 GP,nio that sq long as tn pm
Eelp1e oHdellNlng part 81 Ehe FeVeIu ue OF Inc
GOgernme from internal xat0n is re-
tained, these articles and callers therein are
Proper Esfbicets for tax ation. There is no
demand on the part of cnIlslIrners Of thasa pro-
| Ducts fora remission Of taxes imposed upon
! them; ther9 fs no public ssnum at calling for
IhtIFrcpeal. OtIIer Oh .CcEs eruat-raVeTlUc
taxation, with amounts realized therefrom
S},27a 225S; patent medicines. psrfufnery. etc,
Tl,9ls395: bank checkS, S2,:5is, 50; bank dc
200; bank capitals ST. ,380; savings-banl1
capital, s. lAlz5.sAdd to these items fxel col
leeted BY the Treasury of tao United STATES
from National banks. and there is a total d q
rived from these sources Of S1sz4S,22} Il TO
3e,!559,OO9 5'eductio11 thus proposed Congress
should add az reduction in the charges for
special taxes to dealers in articles taxed for
internal .raveTues substantially as proposed
st Il further DIM mutton of taxation would be
attained, and Supervision over dealers ia tax
be necessary in order .fally and fairly cc1-
lect lae 1sNes from AZ pslses would be Pre-
| pefccnt remissi0ns und q Cd is head would be
as follows: ON The basis Glast year 5 follac-
tiOns, &0O1 ED5. The act of March j. 1872
duced the tax on tobacco from Il cents per
pound to / cents per pound but did not re
duce the tax on cigars and cigarets. \ cor
resp9ndIng reduction on ci2ars W uld be to ):
per LOGO. This, th'nk,EhOuld be dO4e. al1c
would amount to 4 redEctf0n 8 { tixes of 50,
internal-revenuc tsxes tfnciuding taxes on Ma
tiCn9l banks, Of Sj82.lzs. zH
Tariff ravis on is sconsidered. by the Com
missioner H says:
! venture to suggest whetherau is not de
sira6le to consider the practicability Of taking
the duty off sugar. Abort ECO 109a,8 JOG pounds
of sugar are annually IN uned in the United
States, 10 per cent Of VIII ch is produced in this
the Government realizes revenue of SIS 0 %,
600. should the duty be removed there would
rera9ue I 9 but the bene5 H of that redetfon
would Immediately inure to the people. The
best rafined sugar. VIII ch now sells at ten cents
pound retail could be sOldat seven cents IT
the duty were removed au3 the total redIc-
ton would amount to 80 cents per capita per
anhuIn OF the entlfe pOpul1tion OF the country
The objection to this measure would be the
abolition of protection now afforded the sug3T
interests OF LOUISIANA and other States. rms
difficulty might be met by giving q Bounty of
say, two and half cents per pound upon all
nome produced Su-aI. Inc present law gives
the sugar pl mters of this country dir city
S4,00tO0O or $40 hoOO pr annum. Ny prOpOsi-
ton would be to give this amount directly and
let the whole people have the benefit OF the
reduction Of taxation of say S45,e00,001 which
would i'm this way be Effected. The principle
of paying a bounty for the encouraging It
and dGvGlOpm mt OF American industry was
adopted i'm the case Of the fish rfes as earlyas
1873 and continued fer more than fifty years.
Millions have been paid out during this period
to American tishermelI for fish ught and ex-
bonus, allowing them 70 wi h1r7w salt free Of
duty and requiring from them no tonnHge
NAoI7- iAAst,tNl N'DtiA's
revenue t2xQtiou the. last two fiscal years
sa3; irIcTsa5e 81 L$P,SGi. The receipts The
first follT months Of the present fiscal year.
last tscaI year, show an increase IN the
amount receive from special taxes. aadAa de-
crease in dist He'd sp IS; an increase in
cigars cheroots, cigarets, snutf Of all descriT-
tions, and speciJl tax Of Dealers in mannfao-
received from al other taxes ON tobacco and
tOlGlCco trade; an increase in the amount Fo-
cCiYed from special taxes on brCFvera and deai-
tFs m peer: an 'hct'iSf on billN ccAO1 ana
bank circH!Rt on; a decrease on taxes of every
other aractcr on banks. s-s -e 4.
The eDtTe amount collected IN the fiscal ye0r
1852 was promptly covered into the Ireasug!'
without loss. During the lest six ffscaI years
S74S, ,s3h01l has been collected from internaI
revenue taxation and p id into the Treasury
without any loss by defdlcsti0n. The expense
of collection the last six years was about s@1-
collected. This sum has been disbursod with
out loss to the Government.
Outhe 18th OF juno, ISe2, spirits remaining
in warehouses; reached the highest point
nanelg: SaqG5Gl5 gallons Since tsat tilee
there has been y gTTSlU8l I duCti n in tte
amount renal lining IN wauehouses, and on tae
Ist OF November 1852. the amount was SECS,
of fine grades of whisky, the tax upon which
viii tall dua from month to month. The last
December. 1852. If the future demand of
this class of goods is TO be Judged Of by with
drawals Of similar goods. tax paid, during the
past Few years, IN STOCK now on batai = equa'
TO six years CONSUMPTION. To postpone ay-
IuenT OF the TAX on TnlS ~lOCk AfB1A It's WtLh~
trade. A movement has been set on foot y
its expectation and reimpor alton and storage
in custom. bonded warehouses ms Is en-
tTely practicable under existing laws, and II
becomes a quest on VIII ther II would not bg
to be outIinC by this Indirect nleanssz EXtcr-
sion of IN bonded period fer q re8sonabl8
ePlncnt tor it's taxes, sild would in 10 manner
tend TO reduce the income of the Government
f8ouI this source of revenue, which has uo To
/ n p(i res IIItcQ from the natural laws OF
trade and the demand for distilled spir IL.
BY tn $ uIeaIls cxpeusese Of trans parfation
both ways aud cIstcrn-h0lIse charges at3ro adj
It afTords me great pleasure to report tbs
supremacy of the laws for the COLLECTION OF
is internal lreveaues has been stabEshcd in
80, " i-,I,I,, d,5 ti,, ! = & IN - ,1tA9
#recurrcuce of frauds. 1t W d be necessary To
continue system 2f q, careful pol ,e..ing which
IuendatianJs renewed for granting pensions
toPcrsons Disabled while epEaged in cnferc-
ing laws and to widows and orphans of Of
GERS BILLED in the discharge of their duty.
The total amount Of collcc.iOu from tobso-
was sl73d9ss This a.ro-r,lt inoiades the ocI-
lactions of internal revenue tIyes imposed
I'D u imported manufactured ts.b fccO. suuH
and cigars On addit on TO customs duties; tax
8 Imposed on domestic auufactured tobae-
apulaeturers of tobacco. snuf and cIears;
specia1 taxes paid bv dea'ers in leaf md deaE
paid 10y petidIcrs of manufactured tol leacc0s
and It al o Includes the receipt OF money for
e<I,ott SUI A' -ol4 * poFteIs OF J9b eco
Ine cond, ton OF the-service IS aiI that can
be des red. The reports of Inspecting offs
eiatS show that admirable esprit d. corps
:etuRted every otIcer in the pcrfornla anoe OF
his duties.
IN san LUIS Potosi recenfig key Of pow
der standing in store Lew up, lilled two
boys and wounded their Ehother. While she
was attending their funeral on TIRE foitcsgiH9
day, tone fsll7on her head from the reofs Of
an old house. kfIlfng her srlntIy.
As aaed citizen Of Walpole, n. T., Of feeble
Wit, Warren Fairbanks. Just gone TO theppdrr
honaa has haAhnn aLLl- Lirn.aIEaE sa.lah.iL.a- aa