Wessington Springs herald. (Wessington Springs, Aurora County, Dakota [S.D.]) 1883-1891, 1883-03-24
Treasury Circular Relative to the New
Tariff Law.
WASHINGTON, March Is.

NAS1f1Nt1ONS MtlC in
The Treasury Departmental has mailed copies
of the new Tariff act to all Collectors of Gus
toms, together with instructions that sections
! and Q of the act will go into effect at
once, and apply to all goods in bonded
warehouses as we'll as to goods imported after
the date of the passage Of the act. Section
! repeats the duties on charges heretofore
| added in ascertaining the dutiable value of
! merchandise for the purpose of assessment of
| duties. This notion will cause a considerable
reduction in the amount of duties collected,
which reduction is estimated by some at five
per cent. of the entire amount collected.
Section 2 Of the Tariff act changes the MAN.
ner of ascertaining the value Of merchandise
consigned by manufacturers in foreign counr
tries to agents in the United States, and for
which there is NO foreign market value for
the reason that the goods are specially manu-
featured for sale in the United States. only.
The law authorizes the appraising officer to
ascertain the cost and value of the material
composing the merchandise at the time ard
place of manufacture. together with the ex-
pense of manufacturing, preparing and put
ting up the merchandise for shipment. and
makes the value so ascertained tho basis for
assessment of duties.
b sections of the Revised Statutes re-
! pealed by section Z Of the new Tariff bill are
sections 2,9O7 and 2,90s, and section II of tho
act to amend the Customs-revcnue laws, and
to repeal the Moeties act, approved June 81,
1874. They are as follows: -. .
"Section 2.s07. In determining the dutiable
value,of merchandise there shall be added
to the cost or actual Wholesale price or the
genera market value at the time of exporta-
ton in the principal markets of the country
from whence the same has been imported into
the United States. the cost of transportation,
shipment and transhipments with all expenses
included from the place of growth, produce
ton. or manufacture, whether by land or wa
ter, to the vessel in which the shipment is
made to the United States; the value of the
sack, box. or covering of any kind in which
such merchandise is contained: commission
at the usual rates, but in no case less than two
and a-half per cent. and brokerage, export
duty and all other actual Or usual charges for
putting up. preparing and packing for trans
portation or shipment. All charges of a gen.
| eral character incurred in the purchase of q
general invoice shall be distributed pro rata
among all parts of such invoice; anl every
part thereof charged with duties based on
value shall be advanced according to its pro.
portion, and all wines or other articles paying
specific duties by grades shall be graded and
pay duty according to tho actual value so de-
termined."
Section 2,a0s requires that tall additions
made to the entered value of merchandise for
charges shall be regarded rs part of the actual
value of such merchandise. and if such add.
ton shall exceed by ten per cent the value de.
clared in the entry in addition to the duties
imposed by law there shall be collected a duty
OF twenty per cent. on such value"
Long combing or carpet woods are in part
excepted. With this exception, however, the
operation of these provisions is uniform and
extends to all imported goods on which duty is
laid.
Section IA of the Revenue act OF June %
1874, makes these provisions still more stric,
by authorizing the collector, when the charges
are omitted in the invoice, to make his owl
estimate of them and then collect the duty
on twice that estimated amount. All these
provisions have ceased to be law since the Sd
of March.