New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-09-11
NO GOOD CAUSE FOR ALARM.
soMB RASH STATEMENTS coNTRADICTED
JouN NJ. CoMsroCK, AUDITOR OF THE NAVAL
OFFICE, ANSWERS THE HEAD OF BIZ
IMPORTING HOUSE.

OFFICE, ANSWERS THE HEAD OF BIG
IMPORTING HOUSE.
Great fear has been prtc>scd By importers ana rom
them It has extended 10 banking cg'h'' ''a' III ','
Tariff bin migi.t cause financial convnl>"n II I'M
nor,,d goods had 50 he withdrawn from WAREHOUSE
nucdiatcly after the passage IF III" bill III o.''cr W
SECURE il, advantage. Rash statements about t!'a
amount Of duties have been made, 'ih-'i. io'
So5 600 OGO 10 s4O,0O0.0o0 The entire amount "
impor,,d merchandise in bonded Warehouses thr'"s.'"
,ho c,un,rv VA, on August a lit" sle>o thah
..0 600 900 some az the goods VIII be p.a'"l "' VIZ
FREQ list and on others the duty Will he lowered. h'
, win M, Lc withdrawn. If course. until III" pro-
no.d law zoe, into eject. and by an Amendment ''p'
cd on Tuc-d,y tic time for wiihiia"a'' ""''' '
present tariff extended t. November l. III w"
~ the recent cxacgtgatoh>, tic head Il i'''''"'
,mportin. house IN th, city -ticht AZ "'' Id inc
,,nr Io,n NJ coulstock Auditor Of tn" Naval "!'c'
whose knowledge Of the question cannot "
Mr.. Com,tock's reply Wa a. follows:
N,ya, un.c- sept. I? 1870.
Mar S,- In conriancc with your r"qur>, nav hNNe
,oyest,c,:ions with view Of determining inc pro
a, heayv pavmcnts Of duties upon f""'' 'p''a'S 49,.
d,.w, in anticipation Of the enforcement oil the ne" i'
Law IL would too long time 10 a'i''se ~ 49,
IN classes according duty but IN approNmA'o" A'
ohnd which for YOUR purpose, will b. sunic"Ht! eA'os
am Glad To say that the Ggurs VII! qioi. ehee'1a'y
cxpode tho exaggerated stcr.s now ah"ar anu ~.. w.
o,n, ri money which may specially requrcd tor oa''
cannot, under any circumstances, be iars" e'e" W w
arcs financial disorder banking circles avn i''''
careful computation OF tobacco duties and VIII In aa' Il"
two be abb You IL" MAXIMUM l!'''' "' sue" w.
The exact amount Of estimated duties upon GO, ="
,o,td WAREHOUSES on June 80 le?0 was 9l6"es'''o''
T, d,. on good, entered IN b,nd tina: da;c aF'
ss follows: s.o,oo nm
rulv tnax,mur,) sS'S
August maAirlun ..'''''''''''' T. :, o.
Xdd tsiancc Of jan" 80 IA aoo'" i,9-o
r-1 To',l NJ: amour: li;, v.;atn~ai,
july '4 ..................-....+;; . 1855
Sep"nDer cs;m.t')........... oel = 10000
s-,o'ooO0
n..,uc, also FOR w.,ad-awa., e." OF duty for ~. .,
p,rt and o.,...... .......'. -''''''''
- coo,o)
This amount. thea. r"ur' cents tie ma>mu" '''""V
duty On good. Ia ID ;'p'r l. 1921 "': '''> VIA >
I'm ,.,h, reduced say IL 600 600. by r':nc' 90 li'e
ton On account Of sN'> -i'c "''na'''' !'''"'- -
Sow a horton 4 t." good, represented ~ M ''''
amount VIII b, Unclaimed IA '.'>Hi''a''' ''' "'' w
norton " Il be- Liable ~ lower r..' 81 d''' I'm 90 NV
,ar,c such god, Wa mt be- p''"at'f'N "'u"'A""'
| Tor instance III" ~n-ar ''''c III ''''1 wa So" - 49,
A., >,r,,u ,,,ratc Of date, 20 d >ir IS "it''
| ir,wn "A octob.r IN aHt zion "' L. 49," ''''
| alo Goo COO I.v oic.aait r'"t pafr''' ~ .'N
| a,cr,, aho,., sf''oJo d'y 'd t"' . """' W. 49,
| l., lary~iy lncrc,.'. ihr i':t'"t'-' OF "'' NV "
! ,.,,,,,, II ,.c TINTED s,a.'> which comes mt 49,
| York /. Nj l., 20 pr c:t \ az r.. '''-' '''
| v,,d II, ,i,w, D., 4 cNri ,ri7"I " tn '''''' -
| \, N,w.Yp.A (, 20" prnclia i-'i q" 10y i" -.
| ,v,,r .,u:al articles wh.'a Nj. "'''' a u
| 80, ,.u i'm ar. s,n, {, Nrw-l".k -. / - "'' ="
| ,,,- uo,,. therefor ilhA /: SAT I" a>'''' Una
| ,,.,. I have ABOVE stated v.i gIt'''ut 's"''''"'
| the whole. e.. = ,,.N,-t
| m, au,ic> on tobacco wi. l." - r''' III N"'
| =. t. ,mn.r,.ton, a: TIA, pot represent h"''''''
| the irip1 tat!on II the cont . go, hv
| Tn, d.t,, "n w",!.'..s AL other af'''''> '' -
| Tho ". my bill VA! l." p''1 !" >c"'i
| n :, prr cent 81. the tota! duts 90, . ,,,.,v
| ,,, ,ut,., a., ~onl> th' contrary VIII W. 49,.
| c.,d IA Eu,on a, t." 7 "l" ti'h q" ' 49, o., u
J ,,,.... m Nra. nrk does not !.ii'''"- "''' ~
| Inc total Inl-ortatson-.