Democratic Sentinel, Volume 7, Number 29, Rensselaer, Jasper County, 17 August 1883 — TOBACCO. [ARTICLE]
TOBACCO.
Interesting’ Facts Relating to the Tobacco Industry. An analysis of the receipts of internal revenue from tobacco shows that the tobaccoindustry of this country has maintained an excellent reputation as a tax-payer and revenue producer. The report of the Commissioner of Internal Revenue, recently published for the fiscal year ended June 30,1888, shows that every dollar known to be duefrom it was paid into the treasury, and the revenue from it amounted to $42,104,249179, against 47,391, 7 988.91, a comparative decrease this year of $5,287,739.12. That this decrease is duo to the reduction on May 1, of the present year, of the rates of tax is demonstrated by the fact that the production of the year lust ended largely exceeded that of the previous one. The excess of production returned*, this year for the taxation was: Cigars, 36,518,642; cigarettes, 85,477,467; tobacco, pounds, 8,619,153; anuff, pounds,' 417,804. The magnitude of this increase will be ap- 1 predated in comparing the production of* the last two years;' It was as tojlpwa, adding the quantities exported: r- 1882. * 1888 Cigars 3,040,975,295 8,077,494,037 Cigarettes 554,544,186 640,021,663Tobacco, Its 169,458,033 165,077,186Snuff, its 4,866,669 5,284,372 In view of the agitation for reduced taxaation, the exhibit is smaller, no doubt, than it would otherwise have been. Adding th* tobacco exported, from 10,000,000 to 12,t00,000 of pounds must be credited to the item of tobacco each ye&h In the cigars w - ® included cigars imported into this country, amounting probably to an average of 55,000,00(1
