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Specie payments, the suspension of, was the act of the National Government, and the

people look to the Government to take the initiative in resumption..
additional legislation recommended to facilitate the resumption of

the resumption of, on January 1, 1879, required by act of January 14, 1875

Statistics of exports and imports

Steamboat-inspection service

receipts for the inspection of steam-vessels and licensing of officers.
disbursements for salaries and other expenses

number of inspectors and clerks employed

Page.

XII, XIII

XV

XV

XXVIII, XXIX

XXXIX

XXXIX

XXXIX

XXXIX

XXXIX

XXXIX

XXXIX

XXXIX

VI

VII

XXX

XXX

XXX

XXX

XXX

XXX, XXXI

number of officers licensed

number of steam-vessels inspected

aggregate tonnage of steamers inspected

legislation recommended providing for the meeting of the board of supervising inspect-

ors at such times and places as the Secretary of the Treasury shall designate..
Surplus revenue, estimated amount of, for the fiscal year ending June 30, 1877.
estimated amount of, for the fiscal year ending June 30, 1878

Tonnage, total, of registered, enrolled, and licensed vessels of the United States..

American, decrease of, during the past year....

Vessels. American, total tonnage of.

percentage of carrying trade transacted in
number of, built during the last year

statement showing the number, class, and tonnage of, officially numbered, during the
fiscal year ended June 30, 1876

statement showing the number, class, and tonnage of, officially numbered, during the
fiscal year, from July 1 to November 10, 1876..

TABLES ACCOMPANYING THE REPORT.

TABLE A.-Statement of the net receipts (by warrants) during the fiscal year ended June
30, 1876

TABLE B.-Statement of the net disbursements (by wairants) during the fiscal year ended
June 30, 1876.

TABLE C.-Statement of the redemption and issue of loans and Treasury notes (by warrants)
for the fiscal year ended June 30, 1876.

TABLE D-Statement of the net receipts and disbursements (by warrants) for the quarter
ended September 30, 1876.

TABLE E.-Statement of the redemption and issue of loans and Treasury notes (by war-
rants) for the quarter ended September 30, 1876

TABLE F.-Statement of outstanding principal of the public debt of the United States on
the 1st of January of each year from 1791 to 1843, inclusive, and on the first of July of
each year from 1844 to 1876, inclusive

XXXI

3

4,5

6

6,7

7

8,9

10, 11, 12, 13

TABLE G.-Statement of the receipts of the United States from March 4, 1789, to June 30,
1876, by calendar years to 1843, and by fiscal years (ended June 30) from that time.
TABLE H.-Statement of the expenditures of the United States from March 4, 1789, to June
30, 1876, by calendar years to 1843, and by fiscal years (ended June 30) from that time.... 14, 15, 16, 17
TABLE I.-Statement of the differences between the several accounts showing the outstand-
ing principal of the public debt, with an explanation thereof, so far as the examination of
the accounts has progressed

TABLE K.--Statement showing the condition of the sinking-fund from its institution in
May, 1869, to and including June 30, 1876

TABLE L.-Statement showing the purchases of bonds on account of the sinking-fund dur
ing each fiscal year from its institution in May, 1869, to and including June 30, 1876.
TABLE M.-Statement of loans made by the United States from 1776 to 1876, inclusive
TABLE N.-Statement of 30-year 6 per cent. bonds (interest payable January and July)
issued to the several Pacific railway companies, under the acts of July 1, 1862, (12 Statutes,
492,) and July 2, 1864, (13 Statutes, 359).

TABLE O-Returns, by judgment of the United States Court of Claims, of proceeds of prop-
erty seized as captured or abandoned under act of March 12, 1863, paid from July 1, 1875,
to June 30, 1876

TABLE P.-Judgment of the United States Court of Claims of proceeds of property seized
as captured or abandoned under act of March 12, 1863, rendered but not paid, during the
fiscal year ended June 30, 1876.

TABLE Q-Receipts and disbursements of the United States assistant treasurers for the
year ended June 30, 1876

TABLE R.-Receipts ant disbursements of designated depositaries of the United States for
the year ended June 30, 1876..

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Statement of customs refunds made by the Treasury Department from November 21, 1875, to
June 30, 1876, being for that portion of the fiscal year ended June 30, 1876, not included in
the report heretofore made. (See Finance Report, 1875, page 123, Appendix C.) Report
required by section 4, act of March 3, 1875
66, 67, 68, 69, 70, 71, 72, 73, 74, 75, 76, 77
Exhibits A, B, C, D, E, F, G, H, I, K, L, M, N, O, P, and Q, decisions of the Treasury Department
nuder which refunds were made..
78, 79, 80, 81, 82, 3, 84, 85, 86, 87

II. REPORTS OF TREASURY OFFICERS.

COMMISSIONER OF INTERNAL REVENUE....

Act of August 15, 1876:

Effect of provisions of, on the service, dispensing with the gauging of wholesale liquor.
dealers' packages and consolidating the offices of gauger and store-keeper
Amendment to section 16 of House bill No. 3926 :

Substituting name " Export tobacco factories" for "Government tobacco-factories"
recommended.

Appropriation inadequate:

Liability of, to endanger the efficiency of service in the collection of revenue
Assessments:

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Amount of, in each class and in all classes for the assessment years ended April 30, 1875
and 1876 compared.

Decrease in amount of, during the last fiscal year was, on incomes, dividends, spirits
fraudulently removed, assessed penalties, and special taxes

Reasons for increase or decrease in the amount of, in the several classes named during
last assessment year

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Table of, shows assessments made in fiscal year ended June 30, 1876, and in assessment
years ended April 30, 1875 and 1876.

Assessment of taxes on incomes and dividends, data for, how obtained.

Brewers:

Aggregate number of, engaged in the production of fermented liquors during the fiscal
year 1875-76, (3.29 ) ..

Distribution of, among the several States and Territories during the fiscal year 1875–76.
Cigarettes:
Increase of 36.991,703 in production of, during fiscal year 1875-'76, explains the fact that,
while the increase in the rec-ipts from cigars and cigarettes over the year 1873-74 is
about 1 per cent, less than the increase in the rate of tax imposed by act of March 3,
1875, the total production is nearly 1 per cent. greater than in the aforesaid year...............
Cigars and cigarettes:

Decrease in production of, during the fiscal year 1875-'76 believed to be apparent only..
Increase of collections on, in 1875-76 over 1874-75 $-99,444.92, or 8.81 per cent., and over
1873-74 877!,6×0.21, or 18.98 per cent

Total production of, during fiscal years 1874-75 and 1875–76, compared...

Collecting:

Estimate of expenses of, for current fiscal year will be re-examined after the collectors'
accounts of the consolidated districts are closed

Collection-districts:

Allowances in force for maintaining, during current fiscal year, why inadequate
Maintenance of, as now established will better subserve the public interests than to
have consolidated large districts.

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Number of, limited to 131 by act of August 15, 1876

96

Plan of consolidating, sketched by the predecessor of present Commissioner modified so
as to preserve large collection-districts intact

96

Reduction in number of, to 131 to take effect September 1, 1876, or as soon thereafter as
practicable

96

Work of reducing number of, to 131 commenced on passage of act of August 15, 1876, is
now (November 27, 1876) nearly completed

Collectors, deputy, and clerks:

Collectors, deputy:

Pay of, about 6 per cent. less than allowances therefor last year, reason why..

Number of, should be increased 10 per cent.; reasons why

Commissioner:

Aggregate force in office of, for next fiscal year recommended, (203)

Aggregate of present force in office of, (187)....

Reduction in number of officers, clerks, and other employés in office of, by act of August
15, 1876, was 54

Schedule of estimated force in office of, for next fiscal year

Schedule of present force in office of

Deficiency appropriation:

Additional clerical labor required of collectors to issue wholesale liquor-dealers' stamps,
one reason for asking for

96

111

111

111

111

111

Decrease in amount appropriated for pay of gangers, store-keepers, and for miscellane-
ous expenses greater than decrease in the actual expenses for this service a reason
for asking for.

97

35

97

Distilleries and rectifying-houses:

Can be rented with profit to the Government for short periods for purposes other than
distilling and rectifying

107

Purchased at sales upon distraint or in payment of debts under internal-revenue laws,
Government has realized nothing from use of; reason why

107

Seized by the Government, condition of, and recommen ation in relation to

106

Distilleries:

Distribution of, among the several States and Territories during the fiscal year 1875-76.
Number of, operated during the fiscal year 1875–76, (2,918)

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Operated during the last fiscal year were located in 103 collection-districts.

165

Distilleries other than fruit:

Number of, in operation at the beginning of each month during the fiscal year 1875–76
Drawback:

In operation during July, August, September, and October, 1875, 1876, and 1877, state-
ment of daily spirit-producing capacity of

113

93

Allowed during the fiscal years 1874-75 and 1875-76, aggregate amount of, compared..
Allowed on tobacco, cigars, proprietary articles, and manufactured cotton, during the
fiscal year 1875-76 amount of.....

102

102

COMMISSIONER OF INTERNAL REVENUE-Continued.

Fermented liquors:

Receips from each source and aggregate receipts from all sources relating to, for fiscal
years 1874-75 and 1875-'76, compared......

Gaugers and store-keepers :

Expense of maintaining cannot be definitely estimated; reasons why...

Internal revenue:

Aggregate cost of collecting during 1875-76 did not exceed $4,775,000 ..
Percentage cost of collecting during 1875-'76, 4 1-14.........
Legislation recommended:

In respect to making provision for the payment of certain persons now paid from ap-
priations for stamps, paper, and dies," and "for punishment for violating internal-
revenue laws"

Provision of Honse bill No. 3926 authorizing the Commissioner to confer upon revenue-
agents the power to examine all books, papers, accounts, &c., and to administer oaths
Provisions of House bill No. 3926 relating to tobacco..

Permitting owners of flat-boats navigated by hand and trading on the Mississippi River
and its tributaries to do the business of dealers in spirits and tobacco by paying the
special taxes thereof.

Providing for stamping packages of imported spirits to prevent the reuse of such pack-
ages

Providing for taking depositions with compulsory process of witnesses in trials for
abatement and refunding of taxes in certain cases

Page.

93

97

97,98
98

111, 112

111

105

112, 113

112

112

Provisions contained in section 4 of House bill No. 3926, relating to property acquired
by forfeiture; with reasons for

107

Receipts:

Aggregate, estimate of, for fiscal year 1876-'77, ($120,000,000,) and for 1877-'78,
($123 000.000)

114

From each source, and from all sources, for first four months of fiscal years ending June
30, 1876 and 1877, statement of

114

Revenue-agents:

Aggregate of salaries and expenses of, during the year, (885,878.36)

110

Districts, number of, since the abolition of the office of supervisor, (18).

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Of collectors for fiscal year 1876-77, basis of recommendations for....

Spirits:

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95

95

Aggregate quantities of, assessed at 70 and 90 cents per gallon during the fiscal year
1875-76

100

Amount of revenue from, will doubtless increase from year to year if distillers are al-
lowed to realize a fair profit on their business

105

Amount of tax collected on, at 70 and 90 cents per gallon during fiscal year 1875-'76,
(851,390,490.43)

103

At 70 cents per gallon, quantity of, in bond June 30, 1876, unaccounted for, by collection
districts

At 90 cents per gallon, quantity of, in bond June 30, 1876, unaccounted for, by collection
districts

100

101

Bonded and withdrawn from bond during the fiscal year 1875-76, quantities of
Conspiracies to defraud the Government of its revenues from, believed to be broken up
Distilled, provisions of the law relating to manufacture and sale of, will be construed
fairly, so that no unnecessary restraint shall be put on this business..
Distillers, rectifiers, and wholesale liquor-dealers are now manifesting a disposition to
co-operate with the Government to secure the collection of taxes on
Estimate of prodection of, for current fiscal year

100

105

106

105

113

Exclusive of brandy, aggregate production of, in taxable gallons during the fiscal year
1875-76

100

In bond, quantities of, July 1, 1875, and June 30, 1876..

100

No object of taxation will produce so much revenue with so few persons to collect it as.
Quantities of, allowed on account of errors in original reports

105

100

Quantities of exported and unaccounted for during the fiscal year 1875-76.

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Quantities of withdrawn as tax-paid during the fiscal year 1875-'76.

100

Quantities of, withdrawn from warehouse during the several fiscal years from 1872 to

1876

113

Quantity of, withdrawn for scientific purposes during the fiscal year 1875-'76

100

Receipts from each source and aggregate receipts from all sources relating to, for fiscal
years 1874-75 and 1875-'76, compared.

93

Removed from distillery-warehouse for export during fiscal years 1874-75 and 1875-'76,
compared

101

Stamps:

Appropriation act for current fiscal year provides for transmission of, after August 15,
1876, to officers of internal revenue in registered packages through United States mail
Estimated annual expense of transportation of, by express companies under contract
with Adams Express Company, ($50,000).,

108

108

Number of, issued during fiscal year 1875-'76, (715,019,101)

Other than special tax-stamps are printed under contract with parties in New York City
Provisions of act of August 15, 1876, requiring the transmission of, through United
States mail, should be repealed; reasons why.

Regulation requiring the return of a portion of tax-paid stamps to the collector or Com-
missioner to prevent fraud has been extended to rectifiers' and wholesale liquor-
dealers' stamps.

108

111

108, 109, 110

107

COMMISSIONER OF INTERNAL REVENUE-Continued.

Stamps:

Schedule of rates for the transportation of, by express companies.
Special-tax, are printed by Bureau of Engraving and Printing.

Tax-paid, rectifiers' and wholesale liquor-dealers, how prepared and used to furnish
evidence of their complete destruction and to show the contents of the package bear-
ing them..

Value of, issued during the fiscal year 1875-76, ($131,258,048.50)..
Wholesale liquor-dealers' stamps for packages filled on the premises of a wholesale
liquor-dealer are issued by collectors on receipt of a statement furnishing full infor-
mation respecting the package from which the new one is filled......

Statistics:

Relating to seizures, compromises, criminal actions, civil actions in personam, actions
in rem, &c ....

Tables:

Titles of, for fiscal year 1875-'76 and years previous
Tobacco:

Aggregate receipts from all sources relating to, for fiscal year 1875-76, ($39,795,339.91).
Aggregate receipts from all sources relating to, $2,491,878.03 greater than for any pre-
vions fiscal year.......

Receipts from all sources relating to, during the first four months of the current fiscal
year, 8492,404.80 greater than during the corresponding period of the last fiscal year . -
Receipts from each source and aggregate receipts from all sources relating to, for fiscal
years 1874-75 and 1875-76 compared

Tobacco and snuff:

Decrease in production of, during fiscal year 1875-76 believed to be apparent only.
Percentages of increase on collections of, in 1875-76 over 1873-74 and 1874-75 nearly 2
and 6 2-10, respectively.

Page.

108

111

107

10

107

94 95

91

102

104

113

102, 103

104

103

Quantities of, exported and accounted for during the fiscal year 1875-76.

101

Removed in bond for exportation prior to July 1, 1875, and unaccounted for that day,
quantities of

101

Removed from mannfactories for exportation and unaccounted for June 30, 1875 and
1-76, quantities of, compared

102

Removed in bond from manufactories for exportation during the fiscal year 1875-76,
quantities of.

101

Unaccounted for June 30, 1876, quantities of

102

Tobacco, exclusive of snuff:

Percentages of increase on collections of, in 1875-76 over 1873-'74 and 1874-75 nearly 23
and 64, respectively.

103

Tobacco, manufactured, and cigars:

Increase in production of, during last three years of financial depression a subject for
congratulation on the part of the Government and of those interested in the tobacco

trade

105

104

Total production of, during fiscal years 1874-75 and 1875-76 compared...
Whisky frands:

All legal remedies have been used by the Government for the suppression of, and for
the punishment of persons engaged in

Can never become as great as in years past with proper surveillance on the part of the
Government ..

Men of great experience and wealth now engaged in the business of distilling feel a
deep interest in preventing

Result of proceedings instituted to break up conspiracies to perpetrate.

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Tables of the resources and liabilities of the Bank of the United States in January, 1809
and 1811..

123

Statement showing the profits of the Government on its stock of the Second Bank of the
United States

127

Table of the principal items of the Bank of the United States and of the State banks in

1-19..

154

Table of the number, capital, circulation, deposits, and specie of the Bank of the United
States and of the State banks, for various years, from 1811 to 1829.

Table of the principal items of the Bank of the United States and of the State banks, for
various years, from 1811 to 1840......

158

State banks:

Table of the amount of New England bank-notes redeemed at the Suffolk Bank, yearly,
from 1841 to 1857

131

Table of the number and principal items of the State banks in New England, for various
years, from 1837 to 1863

133

Table of the number and principal resources and liabilities of the banks in the State and
city of New York, in various years, from 1836 to 1876

139

Table of the number, metallic medium, circulation, and capital of the State banks in the
country, in various years, from 1774 to 1804..

153

Table of the capital, specie, circulation, and loans of the State banks in the country, for
the years 1813, 1815, and 1819...

153

Table of the principal items of the State banks and of the Bank of the United States in

1819.

154

Table of the number, capital, circulation, deposits, and specie of the State banks and of
the Bank of the United States, in various years, from 1811 to 1829.

154

Table showing, by groups of States, the principal assets and liabilities of the banks
therein in 1829

155

Table of the principal assets and liabilities of the banks in certain cities and in the re-
mainder of the United States, in 1829

155

Table of the principal items of the banks in the United States on January 1, in various
years, from 1811 to 1840

155

Table of the condition of the deposit-banks on June 1 and November 1, 1836.

157

Table of the principal items of the State banks, and of the Bank of the United States, for
various years, from 1811 to 1840

158

Table of the principal items of the State banks, yearly, from 1834 to 1861..

159

Table, similar to the one preceding, for the six months ending May 31, 1876.
Statement of the amount of taxes collected from banks, other than national, for the fiscal
year 1875-76

Table, by geographical divisions, of the number, capital, and deposits of the State banks
and private bankers, savings-banks, and trust and loan companies, for the six months
ending November 30, 1875

160

160

169

Table showing the maximum circulation issued, and the amount and percentage unre-
deemed of banks in various States

181

Table, by States and reserve cities, of the number of State banks, savings-banks, &c., with
their average capital and deposits, and the tax paid thereon, for the six months ending
May 31, 1876
National banks:

186

Table of the resources and liabilities of the national banks on October 2, 1876, classified by
reserve cities, &c

118

Table of the resources and liabilities of the national banks in October of each year, from
1-69 to 1876

119

Table of the principal items of the national banks on October 1 of each year, from 1863 to
1876.

159

Table of the outstanding circulation of the national banks on May 1 and November 1 of
each year, from 1-68 to 1876..

161

Table showing, by States, the issue and retirement of circulation for the year ending Nov-
ember 1, 1876, and the total amount issned and retired since June 20, 1874
Table showing the issue and retirement of circulation, and the deposit and retirement of
legal-tender notes, monthly, for the year ending November 1, 1876, and the total
aniounts issued, deposited, and retired since January 14, 1875..

162

163

Statement exhibiting the operation of the acts of June 20, 1874, and January 14, 1875, down
to November 1, 1876..

Table of the amounts and kinds of United States bonds held as security for national-bank
circulation..

163

164

Table of the amounts of specie held by the national banks at the dates of their reports, from
October, 1868, to October, 1876.

165

Table of the amounts and kinds of outstanding United States and national-bank issues, at
various dates, from 1865 to 1876

166

Table of the rates of taxation of the national banks in certain States for the years 1874 and
1875...

Table showing the United States taxation of national banks, yearly, from 1864 to 1876
Table, by States and reserve cities, of the capital and the amount and rate of taxation of
the national banks, for the year 1875.

170

170

171

Table of the rates of taxation of the national banks in certain cities for the year 1875...
Table, by geographical divisions, of the capital, and the amount and rates of taxation of
the national banks, for the years 1874 and 1875

172

172

Table of the taxation of national banks, yearly, from 1866 to 1875

173

Table, by States and reserve cities, of the amount of losses charged off by national banks
during the year ending September 1, 1876

173

Table showing the capital. surplus, dividends, and earnings of the national banks, semi-
annually, from 1869 to 1876..

176

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