The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-07-26
THE IMPORTERS OF RICHMOND.

Ton wears ago the customs Feeeip''
at Richmond were less than sli,VVV
the wear. In the last fiscal year emu
ing June 30. 1910, the customs receipts
AZ mis- mort we're over s1s3o0O.
All the duties paid on goods imported
to Richmond should be paid in flch-
mond. 1t would cost the Richmond I'M
porters no more duty on importatiohs
when paid in Richmond than II the
same goods were delivered to them at
New York, or at any other port, and duty
maid there. Indeed, 1T would be great
lv 10 the advantage of the Richmond
importers If they should insist upon
the delivery of their goods here IN
stead of at New York. Brought 10
Richmond to the collector of customs
here and stored in united states
bonded warehouse there is ALREADY an
excellent warehouse here, and. as the
volume OF business increased, other
warehouses could easily be provided
thev could be stored for the period OIL
three years, and taken out of bona Us
the dealers might require, and the du-
ties paHe"H the goods are released.
sa,, that the duty amounted to S5,OoV
on; "a consignment of goods, II the
goods We're held in bond here the I'M
porter could pay from $50 to S5oo' OF
more as he pleased, and as his trade
REQUIRED, obtain possession OF MS
goods. dispose of them, then pay more
duty, get more goods and SO on until
the stock be exhausted This would
give the importer the chance TO use
his money for other purposes instead
of locking it up in unsold stock, When
4he antv on Richmond importations Is
bald at New York or at any other port
the full amount of duty must be paid
before any part of the goods can be
delivered.
Paying duty in Richmond on Rich
mond lmportations, the Richmond I'M
porter would have another great ad-
vantage. He would be at no risk for
loss OF goods in transit, He would pay
duty on what he received. The railway
ana steamship companies transporting
ment to deliver goods from the port
of entry to the port of delivery. Rich
mond is a port of delivery.
There would be another and grea'
advantage to Richmond IL the import
ers should have their goods delivered
here that would be seen in the de-
posits OF the Richmond banks Per
sons coming here to live or to make
investments give special attention 10
inc bank statements. Their opinions
OF the business OF the place are affected
by the volume of the bank deposits.
II these deposits are increasing, they
reach the conclusion that the town is
prosperous in business way; IL the
deposits are decreasing, they are often
inclined to look no further. The pay
ment of customs duties at Richmond
on imported 's6ods,. brought to this
markst for sale here would increase
the deposits in the Richmond banks
Shs Richmond importer paying GUS
toms duties at New York or at any
other port, would be compelled to take
the money out of the Richmond banks
thus decreasing the deposits here.
The case is so simple that bare
statement of the facts should be sutli
cient to influence the action of tbs
Richmond importers in the future Th'
delivery of their goods on partial pay
ments as the goods are needed; tht
security of their goods in transit; tn
use OF their money for other activities
the increase of the deposits in tn
Richmond banks--these are some O
the advantages within reach OF tn
importers, and we feel sure that the!
viii be improved.
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GONG "AUTOMOBILE CRAZY