New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-12-05
TUETREASUkY DEPARTMENT.
Ca,,,o.cd from Fourth Page.

Il
Cou,,u.ed from Fourth Page.
.u. Of niugcnce and shouli c'Iue be fore neSes sa
-. .,h,ec,s ~ taxation. The tax from Spirits Tor
-, wear was $50 s73, los Is; thst from tooncco'
- 90, ess OF that from ieuncned liquors. Sl0loJ-
e2o AZ. Tue Increase over The year lsSi was On
.n,rtts S27l9.43S so; on tobacco, S4oJoYs1 o. on
vaxapn of tnesc articles were Tor the last wear
aSeut SO 100000 The e-tmaied ,, 20 u.
Us iax vii sim leave large sun TO De RAISED
atSeY sources that there is not pressing nceu Ill
re- ~ redace the rate Of either OF these ar
.,es "a obvlate the nduccment 10 fraud or 10 Ienoi
nTg,d against moderate modification as ss'list liz,
reses OF all taxes thereon Propositions nav cy
ia abolish The whole system OF interim ~,
49, bf neither public sentiment nor political Acl.I
id'stes desire On tht pSs' An the other subjects Of
,,terpsi revenue may be released RON taAato" -
bank Taish that and It is OF pro to the BANKS and
nfexpense the Government anu hehce - q -
snbiect Of taxation. The amount derived Iro II s
a. f9Ogsl % the last year, YET Us the osnks arc ~
70 assessment by the states and thus 70 pear dcro
pubhc burdens, II Is sdslsao1e ~ s'i'A0 Va Wv
iaxaiion on their circulation
The whole amount Of Internal revenue eI iof , ,ne
year endef June 80 loe2 besides Lhos from o-s CSC 2l
me lax on AID deposits OF National o.a -oa "a
banks the same period Is --....'---------
S22 oSO $50 81
Dcouet tins amount from surplus Teye 6 "uu
We al stlll have a surplus OF about SVo'OOVUV ,rnst
To complete an 1ncpl source OF revenue. and such
an one the duties on imports egod If avoiding
snrplus in the Treasury is reduction Oh 'ne
H2 snec OF the repeal Of the tax on circulation tne
acno. r. Of national banks, and those upon has
Ss and those derived from banks ana oanheis
I'm narh discussed in Congress IL VIII ne ys mt
80 that the repeal or all these taxes "ou'u ''
porton oi the o Customs for the year are
estimate Al 100000 ana nnaer We ma; ex
T"at Disturbing cause now I'M VIC veaTs II
", ti,,f tney viii lot diminish III Gu, 80 ~ ,bs
leo1 sH lore that reduction should De inaue Al 'N
revenue from he testuony before the Tariff Commission
is 10 nc Of every industry, while cOnceding mat
r reduction OF the larin Is proper ana neceSsaS
hls v.;i,i,' If he protection now afforded
While the views OF the m4nuiacturers are no Go
,~igbrd h ~ manifest that they Wi. never pe MUG ~
sorse upon reduction OF the tirn uuues'
4 REVISION OF TIRE TARIFF
,ir.e that revision Of the tariff is necessary Inc
,c,io, of Congress in creating Commission Ior Ia'
-,.e renders scussiOn on that point unnecessary
ms acton Of that Commission IN detail i not yet KNOWN
-. n.rartrent Whatever may be Its recommends
-, NOV Will no doubt receive respectful cOnsidera-
ton. 800. 100,
relieved OF responsibility because OF that Com
mission He deems it proper therefore, TO make some
,ecorn meudatiuns upon the subject - o., 49,
me whole amount Of revenue from customs Tor the
fiscal wear ended June 30 ISL has atre aS $3.50 az
=, .Oulething more than S1HOOO0oO Tue cia7sSo y.
Yo,rcusudise paying the largest amount OF cu9les rom
customs tue ionowing IN the 0iueT ~ IRON I'D
and molasscs, wool ana manu- IoI -,
sfee aud he manufactures from them manuIAc, res
o. sbo 1n' siS55OOOOO. substantial reduction
upou each OF tue class or hIuCes n"iloU
,cnnmended And It believed that the time Lac ar
rived when reduction OF duties on nearly AL tue a'"
rles ID our tariff demanded and Is ieAsio.e q, ,d
IN addition 10 this careful revision OF tue ISI ~
he mae VITA a view pacing upon the free list many
hr cGs now D! ~ largest amount derived from any
nas n products under ne customs taiih Is ia' IIon
tuguC ,,.- g.. III, .,,ssos IN tbfs conn
trv Tie average duty II IL equal 10 two ana nan
ceats per pound and to nearly 53 per cent al
Ine amount of caue-suS0r produced IN THIS country Is
esriua AZ IL per cent ~ tue wuOlt quantity consumed
aud apparent that nearly tue "not ano','t ..
ue from this source Is paid ny TIC consume NC
iuion by home production not being sufficient seriously
10 affect price Tue progress OF luouStT IN tue gD
dnrt o. sugar from sorghum and the bee' IS MOI l"i
gotten. 1t r. eutitlej 10 eunsldefatoh ~ - 49,
However that a substantial leducou OF The duty up"
may be made without injustice to the producers of
oon woo ana iron and steel, and their manufactures
large reduction must b. made TO mAttTlal leseen VIZ
revenues derived from them, as the amount u lAPo''s
II viii probably found that in general the reduction
chiefly be made on the raw mate laI or coarser man
Dfacfurrs rather than those upon Wulch greater
amount Of labor been bestowed The duties Oh mau
uacures OF silk. IL II believed may be reduced Without
Injustice 10 manufacturers in TINS country
Tie cotton tauf IL found 10 be complex and lhconslst
ent and l. doubt true tuHt in most OF the coarse
glasses OF cotton fanrcs manufacturers can compete
with the world without protection; -. ..o,, ~,
Wines and spirits, which afford the largest amount OF
dutv next 10 tue glasses enumorued, DenG articles
81 luxury, may well bear any rate o. du1y ueeneu Hoco
Tor the revenue. 80
Without going mrther INTO details the Secret airy ear
needy recommends careful revision OF the tariff Win
view 20 subs autal reductions.
The scconplisnI- OF the Il recon meNdeu 10 lA'
,rescut Con ress which been fully Oh tac HI
irnachinc financial situation. II y now preSe Yea
u4y discussed the subject II some OF itS bear
FOREIGN COMMERCE
Tie foreign commerce OF the United states during Tho
last fiscal year. Inc uGlng imports and exports Of eF
ehaUdi,e and specie. was as follows:
So. ,,er,b,u.i,s ....... SIS 90. ~
app e'.'te ...--.......... i741l
.-e4o-rt ~,