It is reasonable to expect an increase in the revenue for the fiscal year 1863-'4; and upon the return of peace the receipts will enable the government to pay the interest upon a debt twice as great as the present national debt, and to set aside a large sum for the payment of the principal.

From time to time additional sources of internal revenue will appear; and there ought to be no doubt of the ability of the nation to meet its liabilities, even if the war should continue upon its present gigantic scale till the year 1866. The stability of the system is in the equal imposition of taxes, and in a just and impartial administration of the law.

WASHINGTON, July 17, 1863.

GEO. S. BOUTWELL.

CONTENTS.

An Act to provide increased revenue from imports, to pay interest on the public debt,

and for other purposes, approved August 5, 1861,

An Act for the collection of direct taxes in insurrectionary districts of the United States,

and for other purposes, approved June 7, 1862,

An Act to amend an act entitled "An Act to provide increased revenue from imports,

to pay interest on the public debt, and for other purposes, approved August 5,

1861," approved May 13, 1862,

A Proclamation by the President of the United States, dated July 1, 1862, declaring

certain States and parts of States to be in rebellion,

An extract from "An Act to authorize payments in stamps, and to prohibit circulation

of notes of less denomination than one dollar," approved July 17, 1862,

PAGE

3

24

29

30

31

An extract from "An Act to amend an Act, entitled, An Act for the collection of

direct taxes in insurrectionary districts within the United States, and for other pur-

poses, approved June 7, 1862,"" approved February 6, 1863,

31

An extract from "An Act to prevent and punish frauds upon the revenue, to provide

for the more certain and speedy collection of claims in favor of the United States,

and for other purposes," approved March 3, 1863,

33

An Act to provide internal revenue for the government, to pay interest on the public
debt, and for other purposes, approved June 30, 1864,

35

Joint Resolution imposing a special income duty, approved July 4, 1864,

134

Regulations for the collection of direct taxes,

135

June 30, 1864, classified and arranged alphabetically,

Schedule of articles and occupations subject to tax under the excise law, approved

Manufactures and productions,

Animals slaughtered,

Gross receipts,

Sales,

Licenses,

Income,

Articles in Schedule A,

Bank circulation and deposits,

Passports,

List of Assessors and Collectors of Internal Revenue in the United States,

List of Assistant Treasurers and Depositaries of the United States,

242

248

Circular to Railroad, Canal, and other corporations, concerning interest on bonds and

other evidences of indebtedness, and dividends to stockholders,

254

Circular to assessors and collectors, concerning taxes upon banks, insurance and rail-

road companies,

255

Regulations under which collectors may impress stamps upon instruments,

Regulations for the assessment and collection of the special income tax,

Circular to paymasters and disbursing officers,

Circular to banks and other corporations concerning dividends and undivided profits, 261

Paymasters' returns, form of,

262

(9)

Returns by collectors of sales of stamps,

Rules for the redemption of mutilated United States currency,

Rules concerning the levy and collection of duties on spirits (Special, No. 1),

Decision concerning printed books, magazines, &c.,

Decision concerning spirits, coal oil, and tobacco,

Rules concerning the tax on cigars,

Rules concerning the inspection and stamping of cigars,

Instructions concerning the assessment of tobacco, snuff, and cigars,

Declaration of the manufacturer of tobacco, snuff, or cigars,

Manufacturers' weekly returns of cigars,.

Regulations concerning assessment and reassessment of licenses (Special, No. 4),

Collector's warrant,

Decision in reference to billheads printed, printed cards, &c.,

INDEX,

PAGE

263

265

267

268

271

273

274

276

278

280

282

283

285

286

287

291

293

294

A MANUAL

OF THE

DIRECT AND EXCISE TAX SYSTEM

OF

THE UNITED STATES.