News and citizen. [volume] (Morrisville, Vt. ;) 1881-current, 1883-11-29
INTERNAL REVENUE TAXES,
Ihe Reduction of SI3,OOO,OOO Having
Little Effect on the Aggregate Receipts.

Commissioner of Internal Revenue
Evans begins his annual report by re-
terIlng to the consolidation of certain
collection districts, which. he saws. has
been accomplished as directed bv the
President in an executive order dated
january %, 1888. This order involves
reduction of forty three collectors and
collection districts, and will result in an
annual saving to the government OF
about $125, 900.
The reduction of taxation made by
the act of March Sd, 1888, the Commits
sloner says, will aggregate not less than
S43, 700, 600 per annum, including
S6,OOO,O 600 tax on the capital and de
posts of national banks, which is paid
directly to the Treasurer. While this
Is so, 1t is estimated that the increased
revenue from distilled spirits for the
current year will so augment receipts
from that source as to make the aggre-
gate receipts for this year at least
$3.50, 000,0 should there be no further
change in the internal revenue laws.
The total receipts from all sources of
internal revenue taxation for the fiscal
year ended June 80, 1888, were S114. :
5j3, 344, as compared with SAG, 523, 273
for the year 1892, and $135, 229, 912 for
the year 1881. During the first three
months of the current fiscal year the
aggregate receipts from the several
objects of taxation were S29, gu. IT'S,
being a decrease of 81, 926, 4G1 from the
receipts OF the corresponding period in
the previous fiscal year. The total cost
OF collection for the past fiscal year was
s., 113, 734, and the total expenses of the
service will be found on final adjustment
TO be about 81 per cent. on the amount
collected.
The collections from tobacco for the
fiscal year from the several sources were
$40, 104, 249, or So, 2S7, 739 less than for
the preceding year. The increase in pro-
duction of manufactured tobacco, cigars,
etc, during the last fiscal year was
9,159, 497 pounds. The increase in pro.
duction of cigars and cigarettes was
2St, 500, 0O4. Of this increase, 1S6, PSI
977 were cigars and 90, 1854, OPT cigar
cites. The report shows that the re-
duction of tax rates made by the act of
March 1, 1888, will, on the basis of last
years business, cause a reduction of
revenue from tobacco during the next
fiscal year of at least S25, 900, 600.
There were operated during the last
fiscal year ), 1919 distilleries. The guam
tity of grain used in the production of
spirits during the year, SCH, SIT bush
els, is less than that used last year by
8,8l4, 308 bushels, and is 6, 705, sos bush
els less than the average for the last
four years. This decrease corresponds
very closely with and explains the de-
crease in the number of gallons of spirits
produced during the year, which is r.
235, 175 gallons, as against 104, 149, OF
gallons for the year ended June 80, 1882
The yield of spirits from each bushel of
grain increases slightly each year, being
), 874 gallons, as against 3, 1872 for the
year preceding and 1864 for the year
1881. This increase is believed to be
due merely to improved methods of pre-
pairing the grain for distillation.
The quantity of spirits removed in
), 1926, 427 proof gallons; spirits trans
ferred to manufacturing warehouses,
DOB, $50 gallons; spirits withdrawn from
during the year, SO, 291, 100
gallons, and quantity allowed from leak
age and corporations, 2,291, 013 gallons.
The quantity of spirits remaining in
warehouse on June 80, 1888, was So
1919 1913 gallons, Of which nearly seven
teuths were Bourbon whisky. The
amount Of spirits in warehouse, Oct. l,
1888, was 70, 4O5, 361 gallons; spirits
Withdrawn for export in the first three
months of the present fiscal year, 1922
389 gallons. The quantity of distilled
spirits in the United States, except what
may be in customs bonded warehouses,
IN Oct, 1. 1888, was nearly 10000, 900
gallons.