The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1897-11-30
REVENUES WILL INCREASE.
The bonded Warehouses Depleted Ev.
erywhere-Duties Greater.
New York Commercial Advertiser.


Indications multiply daily that merchants
must soon increase their imports of all
kinds materially, and thus augment great
ly the income which the government de-
bonded warehouses throughout the country
are being depleted rapidly of their stores.
and the amount received from import du-
ties is growing week by week.
The first importationS of sugar in any
considerable amount since the passage OF
the Dingley bill were made this week. The
amount of that staple received at the ports
of New York, Philadelphia and Boston dur
ing the present week will not fall below
1000 and may be as much as $4,000 tons.
AS the duty on sugar is between 1.95 and
cents per pound, the revenue from this
source alone will be considerable. The GUS
toms officers anticipate a steady increase
in revenue from sugar, " eek by week,
throughout December, January and Febru-
airy. BY the beginning or spring they look
for enormous importationS, though the
large imports of a year or two ago are not
likely to be duplicated for some time there
after.
The amount of duties paid on sugar for
| the fiscal year ending June so, 1896, just
prior to the passage OF the Ell Dingley plll, Was
| that the importations in the latter part or
| the present fiscal year may be in the same
ratio. Practically nothing has been realized
| from duties on sugar since the passage or
| the Dingley bill.
The outlook for speedy revenue from
| the duties on wool is not so bright Deal
ers are importing practically none at all.
The bonded warehouses are packed 10 the
doors with wool, as merchants TOOK ao-
vantage of former rates ana imported
argaly and the staple Is consumed slowly
a. impaired with articles like sugar and
tobacco By the time the next cup is que
imports should increase largely. OF course
! il the tariff on wool is allowed 10 remain
| at the present rate for along period, WOOL
duties are se S 10 pa Ia 10 own Wool I'M
stead of importing it, but that cannot be
| for several years, as 1t will take that long
| TO raise sheep in sufficient quantity.
| tons and linens is increasing SLOWLY. IL 10
| believed that by January next there IS 70
| be rapid movement or sueh matsrlal "
Silks are beginning to come in more rap
| idly. The United States appraiser reports
| that importers have been guilty OF maKlng
undervaluations of silks IN great many
cases and that the appraising onlcerS nave
| increased the valuations to the proper ng-
ures.
| China and crockery are being imported in
| about sufficient quantity to meet the nor
| NAL demands of the trade Inc appralsS-
ment of the schedule is in charge OF. q per
| son conversant with the subject, a. FORMER
| importer Of chinaware, and cases OF unuer-
valuation are becoming rare.
ANY solution of the Cuban difficulty tnat
| would render possible the free ana unllmft-
| ed export of tobacco from Havana would
| helm the revenues of this country immense
Nv though 1t is impossible to give the nS-
ures even approximately While other, coun-
tries would be In the market as purchasers
of Havana tobacco were 1t deliverable, II Is
thought the lions share would come 70 the
United States on account of our proximity
to the island and the fact that American
tobacco importers are men or unllmltso
credit and the Americans VIII pay Tor the
hest article regardless of cost.
In a general way, United States Appraiser
Wilbur f. Wakeman entertalns most TO-
eeate views on the revenue question, and
believes that it is a matter of only q, Few
months when the country's income VIII ex-
ceed it's expenditures. He declared to-day
that the people OF this country are every
day becoming better able to pay for the
mportation Of the goods they want ana