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The Proposed Duty On Coffee

The Proposed Duty On Coffee image
Parent Issue
Day
19
Month
July
Year
1861
Copyright
Public Domain
OCR Text

The New York Shipping List says tho proposed duty oi 5c. per lb. on cöflee is generally rcgarded by tho trade as bcing too high, and apreo that a duty of 3c. per 1b. would yield u innoh larger revenue. It condudes with the followng: The stock of cofïee in this country d now very largo, there being about e four months' supply, and should tho duty ba fixed at 5 cents per Ib., it i contended that a largo benefit woiild usure to a few of tho principal importers, to tho evident disadvantage oí tho trade, whilo, at the samo time, importation8 would bo rnaterially eurtailed, and t'e revenue, from this eource, prove accordingly insignificont

Article

Subjects
Old News
Michigan Argus