FINANCIAL STATEMENT.

Ashburton Guardian, Volume V, Issue 1555, 11 May 1887, Page 2

FINANCIAL STATEMENT.

r : r - — • — ?*— The Colonial Troaaurejyl;he Hon Sir J' Yogel, delivered the ffainolal statement, m the House of /Representatives last evening. The Statement Is a lengthy one, and from/ full report supplied to us by the courtpdy of the Government, we make a fe^/excerpts : — The Expenditure For The Financial y ' Year 1886-87 I nave pleasare m stating that the expenditure daring the bßt financial year showed a Baling of £98,626 on the amount estimated. The savings of all kinds amount to £129,870 and the excesses to £31,251, resulting m a net saving to the extent I have jasfc Indloatad. The largest items were — Railways — £65,511; public works (consolidated revenue acoount), £12,035; Education Department. £ll,88o; Oußtoms, £10,839 ; defence, £8982 ; and Mines, £7411, The excesses m expenditure were principally £14,338 for services not provided for, and £10,023 for the postal service. The latter chiefly arose through the additional cost of the services beoause of large premiums earned, and through under-estimated expenditure for the maintenance of telegraph lines. Tbere was a saving on the estimate for subsidies to local bodies, but the expenditure will come m during this year, as I shall have ocoaulon to repeat later. The Government have m every way exorted themselves to conduct tho expenditure on the most economical scale. The Kevenue On Tub Year IBBG 87. The revenue showed a less amout than estimated of £192,493. The following were the principal items of deficit : — Customs, £124 235; starapi, £16,337; and railways, £153,81?. The Customs duties I shall again refer to, As there waß a saving on the estimate of railway expenditure of £65,511, the net loss on the railway estimate emounts to £92,302 The loes arose principally during the earlier portion of the year, towards the end the traffic uhowod a marked increase. The lots on stamp revenue I attribute to diminished business- The Post Office and telegraph service a?o considered to have earned about £10,600 over the returns estimated, but it is difficult to exaotly determine the amount of stamps sold for postal and for other purposes. The depasturing licenses yielded £6266 more than was anticipated. The miscellaneous revenue ehowa a largo exceas on the estimate— no les3 than £101,231. It arose m this way— The accumulated sinking funds on some of the English loans were much above what were required to meet the respective, debts to which they belonged, I a r kod the Agent General to oall the attention of ths trustees of the Sinking Fund to the loan of 1863 to thf fact, and they, m conformity with the law, released £104.749 under the Act of 1863; being the excess accumulated up to 1884, and they released £39,755 under the Act of ISBI on account of the exoes; since that period. The amount set free under the Act of 1868 reverts to the Consolidated Revenue; that belonging to the subsequent period la applicable to paying off the debentures created m the colony, and the amount has gcoordinglj been ao applied: As regards the debentures created here on acoount of the aocrued sinking fund, I am pleased to be able to state that out of the amount already mentlonod as released under thf Act of 1834, and from the result of the drawings of tho bonds we hold by conversion, we have paid off no loss than £302,600 of iho dopontures created. Oul of a total of £750,903 created since 1884, we havH paid cflf already no Idbs than £343,400, Tho Treasurer here emphatically denied that there was a particle of truth m th. statements which have been made, that Now Ze-aland securities have fallen m value, because of what has unwarrantably been termod the seizure of the sinking fanJ, After speaking on the matter for Borne length he proceeded :— Wnen ao count is taken of the Supplementary Estimates brought down after tho Financ'al Statement last year was delivered my expectations amounted to a small Burplui of £1500. I greatly rogrert there ie Instead a dtfiefsney, bat considering the fears which' have been expressed of ite amounting to a very large Bum hon. members will I believe, be gJad to loam that it amounts to no more than £92,293, I cannot accept any blame for this result. The circumstances which usually lead to the estimated revenue falling short have been conspicuously present. Moreover, I informed the House before last seeslon terminated that I feared the expected revennewould not be realised. This ia the first deficit einco I resumed office m 1884, and I think I have reason to be gratified that such is the case, and that the present amount is pomparatively so small, seeing hpw huge have been the disappointments durjog this period m other plages. The amount of the deficiency pan be lndenlifiod ia the statement of the revenue and expenditure of the Consolidated Fund by deducting the credit balance of £186,805 from the outstanding deficit bills of £279,100. Fuiure Expenditure The Treasurer referred to the fact that the Government had constantly had under consideration tlje quegifon of reducing the public expenditure and went on to pay :— It is evident that retrenchment m tho publio service may be of two distinct characters, one comprising a reduction of the seiy'ces provided, the other a reduction ip the way the sQryig.ss are carried out. Ministers have not thought themselves justified m depriving the colony of any of the services to which it has been accustomed, and which Parliament has sanctioned. They have, however, m every oase which seemed to them practicable diminished expenditure without impaiii g efficiency. Thare ara three classes of the publio service— The first class, oxelu Blvely engaged' m collecting revenue; second, the class which renders services, and receives m the aggregat3 remunerative payment for the Barae ; third, the class which undertakes useful duties, for ivlich Httlo or no revenue h cHllcc'.ed. v The Customs aptly 'illustrates the fitat, the Post Office the ae'eond, and the departments "of Justice' arid Education two kinds of tho third claua. Uia evident that aa regards the first of the three classea there is no possibility of abolition; The one ot jeot In the interest of retrenchment is to carry on such services as oheaply as is consistent with efficiency. The same remarks oppjy to tf.o second class also. With regard to that c'lasD there arises the question of tho extent to* which consideration should be glyen to Sparsely-popu-lated diatrictq. Tho extepl and nature of the departments coming within tho third category mnßt entirnly depend upon the decision of Parliament Ho Government has the right to alter their oharaorer Without the eaciJtioii of the Legislature. iJwHlbe HQfarNttojl ttot,fl» regards all three classes f admit there may economies consistent with efficiency Ho then want m io consider whether the expense of various departments could be reduced without their' efnolohoy' being ourtailed. He "believed a"'good deal of paying could be effected m the 1 Legislative Departments and It was pronosod to rofor the matter to a Seleot Commirtee. ' r j?he departments of Justice and Native Affairs could not well be curtailed without their utility being greatly lessened. As regards thp Education Department he Bald that there were few, if »sy, . parsons, who fai'el to recognise that' m the intevesl of the' remote future of the oblony it was imperatively necoesary that its people should be educated. Although the Mines Department only directly raises a small revenue, its Importance is infinitely great aa regatds the indirect efreotit haa both i on the public revenue of the tolony'^anfl tho private revbriues'of the colonists. The Defence Department, excepting the police, ( ia one which at first Bight appears capab|e

of curtailment, but before arriving at Bach a conclusion it is necessary to remember that each time that a telerably wellfounded rumor of war circulates, an irresistible demand avlßes for a thorough system of defence. The expense entailed by the hasty provisions demanded In times of emergoncy ia muoh greater m amount and less useful m result tnan that which it Is neceanary to employ to keep a regular and properly trained foroe. It would be a false economy, now that this system has been attained, to relinquish it because the air is leas full than usual of warlike echoes, Any retrenchment of the kind might, nnd probably would, be followed by a greater expenditure on a recurrence of warliVe prognostications. Th.3 Committee would, he thought agree with him that the usefulness of the revenue-yielding departments, and of those that neither directly no? Indirectly yield the revenue cannot be reduced, or m other words that the publio service must be maintained at no less than iti present standard of efficiency. They now came to the question common to all the brandies of the publio service : oan the same efficiency be obtained at lesi than the present ooßt ? This opens a wide field of inquiry, and'the Government have been unceasingly ang-ged lv studying it since Parliament last ueparated. The subjaot involves the consideration of the numerical strength of the civil servants, of the amount of their salaries and of the nature and conditions of their engagements ; and when a conclusion with reßpect to the paßt oharacter of the service has been arrived at, thare remains the difficult task of determining m what respeot there should be a change m the future. He claimed credit for tho Government for effecting considerable savings, and beaideß present reductions the Govern* ment have laid the train for large savings of expense m the future. Before detailing these steps he wished to say that he thought that ten years hence, the differ-* ence m the cost of the Civil Servioe between what it would have been under the provisions ?prior to last year, and under the sew conditions, will be equal to a redaction of 20 to 25 per bent, supposing of course! the new conditions will be maintained. The reductions the Government have made occur principally under the following heads:— (a) Reduction on travelling expenses ; (6) Doing* away with effioes and dispensing with officers J (c) Amalgamation of .'offices ; (d) Saving In appointments to vacated offices.' Under these heads the alterations already made will result m a oocsiderable saving, and the steps taken to continue efforts m the same direction will lead to yet large! savings m tho future. To secure these the Government have determined that when vacancies occur the office vacant shall, if possible, bo amalgamated with some other office, or, failing this being practicable, that there shall be a considerable saving m the salary attaohod to the appointee to tho vacant office* Th? scale of reductions has been laid down, and many hon memoes* will appreciate the mportance of the future provialon made by Ministers! whiob, however, is ot course open to remission by future Govern* ments, that where any departure If pro« poaed from the conditions jqat mentioned the Cabinet shall be consulted. The Government have very carefully considered whether it was desirable that a rateable reduction should be made m tho salaries of the Civil servants. They felt reluctant to adopt this course, because of its wearing the appearance of specialising one class of the community for sur jeotlon to an income tax, but as the House ha§ indicated itsresolve that the cost of tho service should ha reduced one or two courses only was opea, either to arbitrarily lessen the salaries of some officers, trusting to their not been m a position to refuse to accept the lower* salary offered, or to make a fairly granduated reduotlon all round. The latter seemed the more considerate course, because of its probably proving of temporary 'character. More* over, the civil servants must be aware that there has of late been a general fall m the rate of salaries outside the Government service, and they must blbo know that the cost of living and commocfitl'ej has beoome bo much Ibbs during the last few years that any amount they receive now represents, aa compared with the same salary a few years back, a larger purchasing power. The reduction contemplated is nob of an extent to fall heavily on tho officers, especially receiving a low rate of remuneration, Salaries up to £150 will not be affected ; over £150 not exceeding £200, a deduction of three per cent h proposed ; £200---£3OO, 4 per cent ; £300-£4OO, 5 per oent ; £400 to £500, 6 per cent ; £500 6& per cent. The reductions m any one olass are not to make the salaries smaller than the last salary m the class preceding. Thp plan will not apply to the oncers m top Agent-General's Department, as tfcey o.re subject to the English Income tax neither will it Include policemen or men In the. permanent militia, qor man on vaggs, whether weekly' or monthly, m any der psrtment, nor gaol or lunatio warders. It will not apply to persons whose salaries \te permanently fixed by Aots ; Ministers, however, have acoepted it aa regards their own salaries. It will rest with membe | to apply It tft their honorarium if they eeej fit. They may desiro thas a percentage shall be deducted' gdrvoeporiding with that levied on similar amounts. The eo.tna| amount the deductions are expeoted to yield is about £20,000. PDTUBB REVENUE.' In regard" to this Sir Julius said i— "There may not this year be muoh material natural increase In any item of revenue, whilst with the same causes still at work, quite independent of the prosperity of the country, there may be less collected on small Itemß, so that, with estimatoß of expenditure sugh au I; b'aVs explained, and "similar revenue, and witl f out the £100,000 unexpectedly obtained; there fs obviously likely to be a considerable deficit for the year, Independent of the defioit of the past year. Viewing the large deficits m alaoafc osery yo^ujry and every colony m tlib' world, land' tha complacent manner ia wh'ch''they have) been hold ovor until the return of better" times, we m'ghfc regard the adoption of a similar course aa onp npt without a^glj} precedent, but essential, I 'do not rev commend this mode of action. Though the depression existing m this colony ia nothing compared with what other countries have had to contend with, and although it has Affected our revonue to some extent, sue. wusb qj a gonslderdbie portion of the lbssibf'revßnueQiai taottiinVjj to do wl% the dttpresßion/'but is obnuel quant upon oiroumaiarideß of a~quit« eaU«« factory nature. We have not, therefore, I think, any good excuse for postponing the equalisation of revenue and expenditure were there even no Bpecial reason fc| its beipg desirable to avoid postpone ment. '-Hon.' nieurfera " L hbve " bblrfc| » arnat rfieal abouti the depreciation m, the value of New ZeaUind Btookt^ and the harsh things which hare been (jaid about the fiojbnp. Without going Into the at ten'discuaßel 'question" of who is v respdnßlble"for tb'o statements, ie is beyond xlbubt they have been' used to bear New Zaaland Btockc' The price has considerably rapoveppd, but thp market jg still BODBitive. Jn ordinary ciroumstanoeS accumulating a deficiency^ as has been done on a large scale by other oolonle'B, would excite little or no remark, much less disapproval ; but after all that' has been safcf ot Neu'Realand, it is |n pay opinion expedient that the colony shoula sbo'w that it can make its revenue beet Its expenditure. The Government urge this consideration on hon. members as • duly demanding their attention. The" Customs revenue last year was £1§ 1,235 Icsq than the eatima^a/and that was leau than the actual receipts of th& previ6us year by some' £4000, so that the] revenue for 1§36-y 1b leu ty^nor j

than £129,000 tha* the r* oeipts for 1885-6 It Is itlll more defioient when we consld r that the Customs 1b tho mnin br. noh of revenue, and that It ought to show a natural Increase, corresponding with the Increased population, and the increased servloea necessary to meets its waitts. The Onstoms revenue m 1882-83 was £1,494 090, whilst for 1886-7 it was only £1,289,000." He referred at aomo length to the continued falling oft In the übo of alcoholic. " The falling off m duties ia not confined to spirits. There Is a defioioncy aa between 1885-1886 and 1886-1887 of c'bse on £25,000 on cigars, tobacco, wine »nd beer; of over £19,000 on goods by weight, excepting sugar (on which there m an increase of |£7000) f 'of £65,000 on ad valorem goodß ; of £6000 on othr: duties. On aiconsiderable portion ;of th o goods the consumers have saved a rrc-t dial more than the dutieß m the diminished prices At which the commodities have been landed In". the£ colony. I have had Borne particulars collected showing the ■mailer valnes of 1886 ai comppred with 1880, Had the prices of 188) xuled during 1886 the value of Import* during the yoar whioh amounted to £6,759,003, would have been £3,060,193, bo that fieople sauedjaatjear because of the fall d the prices,' compared with 1880, no less a sum than £1,301, 185. I should observe that on goods paylng^dutles by quantity •xaot particulars as to the value were procurable, m the Department, but with regard to other commodities the information hat been obtained by careful investigation. The Government deem it necessary to strongly urge »n immediate increase m the customs dutlos, and they wish torecord their opinion that the tariff, with the . Increases proposed, will not be so severe on the oolonhts as the tariff m foroe m years past. The alterations we propose are for revenue purposes. Each Item ia more or less calculated to add to the returns. The Committee, however, •bould be glad to learn that many of the changes are of a oharacter Jikely to •tiroulate local production. People are m the habit of comparing New Zaaland with other colonies withont remembering the difference m its position. It has not the land revenue of thoae oolonieß, and it started m the race handicaped with large expenditure consequent upon Native Affairs An Increase In the Customs revenue naturally brings as to a consideration of the system of diroot taxation, by means of a property tax. Had I, as Colonial Treasunr. a fresh field to start on 1 Bhould recommend a land tax and an income tax In lieu of a property tax, though I em not blind to the fact that there m a great deal to be said on eaoh Bide. The chief objeotloDß to a property tax are that it takes unproductive property, discourage* investments, and lcavea untouched inoomes opon which Bavings are not made. The chief objection to a land and income hx are that the first leaves unaffected the really beneficial owner m the soil and mortgage, and that the second would m a large number of cases leave the real incomes to epoape, an 3 would mainly reach those whose Incomes arose from that uncertain commmodity, brain a. There ia of course, a Yflßt deal more to be said about all these questions, and especially It may be urged m favor of the present system that people are accustomed to it ; that contracts oave been made dopending on v (iuch as these between mortgagors and mortgagees) ; and that an alteration should not be lightly made. At anytaet, aa Government do not purpose a substitution, I reed not discura it, but clearly with the contingency of inoieaßirg th,e property tar before u,a we are bound to ponsider Ita present oporaHonß from vatious points of view, A favorite alteration of the property tax, and one frequently mentioned is repealirg the exemptions. It often happens with public affairs that something becomes fixed almost by accident, and that round it grows so many inter6Bca aa to make any alteration impossible which ignores it The exemptions now granted are a case In point. On whatever p-. inclrol they were first framed ihey have grpwn Irfto an adopted cos'om the altoiation of which Involves a consideration not taken into ncconn.t. At cutset they act as a muoh larger means of relief to poor people than to rich. To the person who payts on £100 or leas, it means that if he owns £600 he pays on only a sixth of that sum. ]f the exemption were removed he would pay six times {he present amount for vhlch he is liable. Cm the other hand, to the man paying on, say, £50,00), there would be an addition of only 1 pet cent to his taxation.' I have had sjme calculations made, whioh show materially how the exemptions work m the direction I have Indioatod. The removal of the present exemption wx^uldmean that 11,591 faxp,ayerß, would pay an average increase of 8, 31 per cenb on their present taxation, whilst it would also mean that 6230 of the richer taxpayers would increase their payments by only ft. B per pent. It was pot J holiove, Intended that the exemptions should operßte m tho nature of a progressive tnx, but it cannot bo overlooked that this has been the effect, and It muit be taken into account m any change made. The Government consider that, together with an Increase In the £lnntosi 'dalles, tyqre nhould be a large revenue raised by the property tax. There Is more relation betweon the two taxeß tjjah at firij; sight appears. The Customs ?8# affects vaost ■9Voroly the men who ■pend the whole of their inoomes, whilst the property tax affeots moat those who save and are thrifty. . » . . . Now we propose to Increase the Customs duties, and we think the Property Tax should be simultaneously Increased. I lave already shown to the Committee how the exemption) work m diminishing the per^entago of i;he payments 1 of the poorer taxpayers." In making a change m the cireotlonfof dlm'inbbihg the exemptions. It would be grossly unfair to Refuse to take Into oonaldorationf the effect of tha d'ffarent means. Close attention has been given to many varieties of modification, Wq deyire to ay id raiolng the tax j}eybnd 'a 'penny to any one, 4nd to take Iriu> account the weight with which a ohange Will fall on the contributor. The conclusion we have come to is fr> propose that properUeo worth not expending £2§oo giiWl er>|oy the aanie exemption cf £oCO eg at preaont, and be subject on the balance to the present tax of thirteonislxtaonths; but wo propose that there ■hall be no exemption allowed on properties exceeding £2500 m value, and that She tax on them shall ba pne panny.

_....-_/.— .. ..-.-■•--• EBti|iis-|RBtlmn- Actn»J Jlpvenuo, tpd (ud 1880-87 1887.88 18H0-87 £ £ J^ Customs .. .. ..1,-100,0001,410,000 1,285,705 Ktnmps, Including I'osfc and TclOKrnph cnsh OOb.OOO G17.5C0 601,102 Property tax .. M .. 885,000 312,000 810,6^7 Beer duty «. .. .. WiOCO Oli.ooo fia.-iM jmilw.%ya ;, ,■; .. 1,100,000 l,l(io,ooo 002,187 ttUgbtrfttfO)} AM Other fccß 38.800 CuOOO 37,03 d Mnrlno' .. .. •• 10.600 IC.OOd ia,07l MlßCollancoua .. .. 38,000 41,000 M 5.232 ' Totftla . . '. . . • 3,707,000 3,637,600 3,-13P, < ?42 i DepaßtarlDg llccdbcs, rents, •cjo ;/. ".. '.. .. 181,000:180320, 102,580 Dpftf!'taU,rQß ar Jnprct,sos gf •<■ • I'tlloliipg tum\ ■ „ . . 295,1&1 251,100 251,000 Total rfiVenno .. ... 4,15G,1&1 4,074, j2O 3,88?,428 In jaatioe to royaelf, I mutt point out that thjr 1 madp \ind^r olrouma^uoes of peculiar diifloulty;' In the first (neVanco, they are arrived at long before the n»nal time. Hcaroely a month has paßßed since the commencement of tho w^ity, nrhile i uanerally three months elapse before the Statement Is made. Again, |part from the early period oiroumstanoes rpqderlt partfcolarly arducua to come to an accurate conclusion this year, The amount of publlo expenditure, the price of prpducp, the oontingoncies of ppa^e or war, and the prosperity or depression of tho neighboring colonies more than usually ajfebt the reiuHi of the revenue dating

> the year on which we have entered, l 1 count on the consideration of hon. mem- ; ber-i Bhonld It prove that my calculations , are greatly disturbed, but ao far oa I ana i now permitted to judge I tblnk they will , prove oorreot, The Customs and property tax estimates are baßed, 1 have already > aaid, upon the increase 1 purpose; I have sot down a little more to the stamp duties than the actual revenue of last year, on account of the increased postal buuineas. The other itema sciroely call for remark, excepting thut e-oh has been carefully considered ; the reason for tho disparity between tho aotuul miacMlanouß last year (which included tho £ICO,OOO already expLrincd) end the estimate for this year 1b apparont, Conclusion, Sir Julius h living spoken on other subj eta at length, gave an epitome of \\ h ifc I c had said as foliowa ; —After taking into account the various savings fn expenditure nnd the losaos and gains of revenue, there waß a deficit m the transactions of last year of £92,000 Additions to the Customs and property tax will enable the revenue to moot the expenditure of this yoar, and leave a surplus of £85,000. Fxolusive of the permanent charge for interest the Estimates di>olo3e reductions amounting to £150,000, and steps have been taken whioh will load to a still larger saving In tho public service. I have explained also tl>at we propose to lessen future borrowing m England, and that we recommend that tho railways m hand should be furf'ier proceeded with before undertaking fresh responsibilities. The Public Works Department is sufficiently provided with means to meet the expenditure of the financial year ending Maroh next, and to leave a surplus for a portion of the worts m progress. The falling off m revenue hsa arisen from the spread of temperance habiti, and from the reduced cost of commodities affecting th<* ad valorem duties,

Tho property asEe-ament lately taken disclosed b large increase m the total i gross valuo and m the taxable value of r«;al and porconal property ; one out of every seven male adults In the colony is proved by the Property Tax returna to be worth property of a value exoeeding £500. A. carefully prepared balance-sheet proves that the assets of the oolony are fully worth £218,000,000. while the [ liabilities exhaustively considered amount to £89,0C0,000, showing a Burplua of £128,000,000, or equivalent on the census return to £223 to every man, woman, and i child m tho colony, exclusive of the Maoris, whose land, except a small portion, m not included m tho assets. In other respects I have discussed the prospect of the colony, p.nd endeavored to prove that the depression which has effected it is less than that from whioh other countries have suffered, and that it must pa?s away. la America, England and elsewhere commerce and production are beginning once more to speed onward, and 1 cannot think that the movement will stop short of this colony. ALTKRA7IOKS In THE TARIfTj The following rosolution was submitted j — That m lieu of tho duties of customs now charged on tho under mentfonad articles the following duties of customs shall, on and after the 11th day of May, 18 ; 7, be charged thereon on Im portation into New Zealand, or on being cleared from any warehouse for home consumption, viz : — ARTICLES— RATE OF DUTY. Acid, acetio, Id per lb Acid, tartaric, 2cl per lb Apples, dried, Qd per }h Capdleb, Btearine, l^d pov lb Cancllc3, parefine or wax, 2d per lb Candles, not otherwise enumerated, 2d per lb Cement, 2d per barrel i t Chocolate confectionery, and all preparations of cocoa or chocolate other than for use as a beverage, 3d per lb Fish, dried, pickled, or Halted, 5s per owt Fish, preserved, lid per lb Fruit, pulp and boiled fruit, 2d per lb Irqn, galvanised, plain sheet, Is (id por owt Mnccaroni, vermicelli, sago, tapiooa, and somclina, 2d per lh iytaizcna and corn flour, ljd per lb bustard, 9d per lb Paints and oolors, ground m oil, 2s pet cwt Faints and colors, mixed ready for use, 4s per cwt Rico, including ground, Id por lb Starch, Id per lb Varnish, Is per gallon Cordage and rope, including house lino, marline, vatlinc, Hambrolino, spun yarn, if s fid per owt Pickles, Is 3d per dozen pints Sauces, 2s Gd per dozen pints Glue, Id per lb Barbod wire (fencing), Is Gd per owt Paper bags, 7s 6d per owfc Honey, Id per lb Doors, plain, (Id each, Doorp, glazed, 3s each Sashes, unglazed, 3a per pair Sashes, glazed, Gs per pair Matches, of all kinds, Is per gross of boxes containing, each box, 100 matches or undor, and ep on per gross of boxo3 for caoh additional 100 matohes or part thereof Spirits, under proof, 14s Gd per liquid gal Fruits fresh, carriage and cart shafts, spokes, felloes and navos, and bent carriage timber, calico white and grey m tho picee, colored cotton and Union oh.wtings, cotton' dress tho invoico value of whioh doon not exceed 6,d per'y'arj, rough brown hollandSn gas pipes and machinery, water pipes— s per gent ad valorem Vegetables fresh, aiheop tUp, leather not ptherwise enumerated —50 per cent ad Valorem Aerated and mineral waters, twine of all kinds, 15 per cent ad valorem I.'asket and wicket ware, boots and shoes, marble and stone (wrought), paper (wrappings), earthen drainage pipes, garden tiles and Ore bricks, iron bridges and girder? a,nd columns for buildings a^nd o.thjer structure 1| iron work, ivys castiujgs^ forgea or worked, iron of whatever shape or. m whatever stage 6t manufacture no^ otherwiqa onvimeraied, ornamental ironwork, and whework, von doora {or 'safes and vaults, gate and gateposts, lampposts, wheel battosva of iron, orab winch, cranes ar*d capstans, ohafTcuttere, corncrushers, horserakos, lifting-jaoks, orowbars, picks and mattocks, pump and, other appliances for raftiflg water, 'Mings fot pnmps, engines tfnd machinery, steam engines (other than for agriculturalpurposes) not exceeding thirty-horse power and parts of same, brass cooks, valves, unions, lubrJcatot,s and whistles, calendor, iihqw oavc^ ana atliev pibtori^l Wuograpbs a,nd prints, perarnbulatbrd—2o per feont ad valovem. All artioles not othorwlso enumerated whioh are now obargeable with duty at 15 por cent ad valorem— Twenty per cent ad valorem. Patent and proprietory mcdicinoß and proparations, twenty-five per cent ad valorem* Itesolved— Tha^ i,n the event of any of the du'kp y irapoaed not being confirmed ox of deductions being made m the ratep specified abovo tho amount levied, colltoted, and paid In excess of tho duties as may be imposed by the Oustomn Ao% based on these reiolitlortQ Bhall Vg refunded to the persona \yho paid tls same.