Plateau gazette and east Tennessee news. (Rugby, Tenn.) 1883-1884, 1883-03-24
Treasury Circular Relative TO the New
Tariff Law.
WASHINGTON, March b


The Treasury Department has mailed copies
of the new Tariff act to all CCllel tors Of Gus
IONS to ether with instructions that cions
I and of the act will go into effect at
once and apply to al geo $ in bonded
warehouses as well as o goods imported after
me d te of tn passage OF the act Section
I repeats the duties on charge heretofore
ad led in ascolt in ng the dutiab!e value OF
mere andise for III purpose of assessm mt Of
Gu les III "cti II viii cauSe considerable
reduction in tho amount OF duties collected,
which redu ton is estimated by some at five
i err cent. f the entire amount collected.
Section Of the Tariff act ch9nges the MN
ner OF ascer hin ng the vaue of merchandise
consigned by manufacturers n foreign coun-
les tc arents in the United States, and for
which there is no FOREIGN market value for
the reason that the goods are specially manu-
factnr for sale in the United St0tes ONLY.
The Ia" Authorizes the arpraisinq officer to
ascertain the cost an value of the material
imposing the mercha I'd Sc at the t me and
pia G OF manufactures. together with the OK
pense OF manuiactur!pr preparing AMI put
ing up the merchandise for shipment, and
makes the value so ascertained the basis for
ass ssmeHt OF dut es.
The sect onS of the Revised Statutes re-
pc 'ed by sec ion 7 of the new Tariff bill are
sections 23@5 and ? o., and section IL OF the
act to IN nd the Customs-revenue laws, and
TO rep9a he Moeties act, approved June %,
1874 They are as follows:
"Scct On 2, OF. In determining tho durable
valdc OF merchandise thore shall BE- adde
to the cost or actual wholesale prize or the
gen raj market vaiuc at the time of exporta-
ton in the princp!l markets of the country
from hence tho same has been imported into
the United tates the cost Of tral sportation,
shipment ard developments with all exp nses
inc uded from the plac' of growth pcoduc
ton, Or manufacture whether by lan1 or wa
| ter, TO the vessel in which tie shipment Il
made tn the United States; the value of tho
SACK 'oX, or covering of any kind in which
| 81 oh morchalfise IL contsined: comris ion
at the rs lal rates, but in n case less than two
| ana a-haif per con. ard brokerage export
! duty an al otfcr Gctual or usual harges for
putting up, prep ring and pa king for trans
! portaticn or shipment. All charges OF Il gen
/ era charlcte incu red in the purchase OF q
| general invoice shall be distributed pro rata
among al parts Of such invoice; and every
! part thereof charge with duties based on
! value snail be advanced G rdrg to its pro.
! portion, and all wines or other articles paying
| specific duties by grades shall be graded n "a
pay duty according to the actual value so de-
terminod."
Section 2 o. requires that "all editions
made to the entered value of rchandso for
charg shall b. regarded us part of the actual
Na!ue of su b merch ndso. and If such addi-
ton shall eXceel by ten per cent. the value de-
clare in the entry in addition TO the duties
imposed by law there shall be collected duty
of twenty per cent on such value"
long c0mhing or carpet woos are in part
excepted With this exception, however, the
operation of these prov sions is uniform, and
extends to all imported goods on which duty is
laid.
Section IA of tho Revenue act of June e
1874, mikes these provisions still more strict
by gu horizing the collec or, when the charges
are omitted in the INVOKE, to make his OWN
estimate CT them and then collect the 'uy
on lw &C that estimated amount. All these
prov sons have ceased TO be law since the ID
Of March.