The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1902-05-23
A BONDED
WAREHOUSE
Whiskey
With Tax Not
Paid.
NEW ENTERPRISE
FOR HONOLULU
Scheme by Which the Interest
on $4,000 a Year
Will be Saved.

Interested parties ia Honolulu have
made application 10 the Commissioner
81 Internal Revenue at Washington for
permission to- establish n general bond
ed warehouse In this city. ~ which
means they expect - save a consid-
erabie amount 81 money during the
coming years. The matter has already
proceeded 80 far that "a special ware
house has been constructed for the
purpose and the other conditions i'm
posed By Uncle sam are now being
complied with.
one Of the principal benefits TO the
promoters % the scheme. behind which
are said tO be- ~ number % wholesale
liquor men. - that they can store whis-
~ on which no tax has been made.
and export IL to foreign countries With
out the payment % thc tax OF clio Ter
barrel imposed BY the United States
Government. As matters now stand. III
N Honolulu wholesaler sells n bill Of
| WHISTLES in China or Japan. besides
whatever import duty is imposed By
those countries. in addition he would
be compelled 20 pay the tax on TIE
manufactured article here. When once
the bonded warehouse - established.
whisky can D. received In bond In Ho-
noluIu and reshippcd without having
paid the tax Of si.iO per gallon from
which export goods are free.
The bonded warehouse will b. located
at the corner OF Hustacc and Drcier
streets. In Kakaako. where n building
has already been erected for such use.
Th. structure H. OF concrete with an
ordinary frame roof. with but one door
and no windows in the entire building.
which - 100 feet long and 81 feet wide.
There IL absolutely no way OF enter
ing IL except through the one door.
the construction being In this man
nsr In accordance with the regulations
OF the Internal Revenue Department
when once the permit To open the
warehouse IL granted. which may not
be for several months. the entire pro-
ject will be placed in the hands OF the
local Collector OF Revenue. who VIII
have absolute charge OF the building
and all It's contents. not even the owner
being allowed 20 remove n single gallon
OF whisky without permission of that
official. \ storchouse keeper and
Eauger will b. placed In charge OF the
building and It's contents
4 The eatdDltanIneuN OF a ktAeAat OoAt-
ed warehouse win be good thing
financially for the men behind II. IL Is
q, be of 500 barrel capacity. with room
for n further increase TO 1900 barrels
Nine hundred barrels means $4,000 gal
Ions. which at sl.i0 per rplion. the
amount OF the tax. Will mean consid-
cradle sum TO the promoters This does
not. of course. mean that the tax need
never be paid, but 10 Will allow saw
ing Of the interest on that amount
nearly $4,000. until the whisky has
been taken out OF bond. II VIII per
nit also OF n large amount or whisky
being kept on hand. and can then be
brought I'm by the ship load. "a the
iIquor may be received from bonded
warehouse a barrel at n time. II neces-
aary. paying the tax as IL comes out
of bond. As the tax - also not paid
until the whisky In sold. the whole
aaler will be given an opportunity &c
take any advantage OF n possible re-
lduction In tax. which cannot be done
here at present. m the tax must %
maid before the liquor can enter th'
Territory. Under the new arrange
rncnt whisky can be shipped from th'
atfT or from some other bonded ware
house directly TO Honolulu In bond. th'
tar being unpaid. and the barrels
bearing only the warehouse stamp
Only whisky In barrels can be received
No bottled goods or fruit liquors ma,
be stored In n bonded warehouse. anC
the regulations OF the Internal Reeve
nue. Department In regard 20 It's care
etc. are very strict