Congressional Edition Volume 2458

Congressional Edition Volume 2458

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1887 edition. Excerpt: ... not get through all that I might say on that subject. The Chairman. We do not care to have you show us that there are undervaluations; everybody concedes that. The Collector. You never will have anything else so long as you retain the ad valorem system. We always have had it, and always will have it, until you reform human nature and have all men become honest. The Chairman. Taking that for granted, also, can you suggest any legislation that would limit the extent of this undervaluation compared with what it is under the present law! A. I tbink I can. Q. What would you suggest?--A. I would recommend, in the first place, as I said before, the repeal of that seventh section of the act of March 3, 1883, and the re-enactment of section 2907. Q. What would you do with reference to pro forma invoices?--A. I would make the penalty in the case of pro forma invoices the same as that of original invoices. There have been more frauds consequent upon that decision of the Attorney-General of October 4, 1878, perpetrated under this privilege than you can readili' believe. That decision was rendered by Mr. Devens when he was Attorney-General, and that decision is responsible for 75 per cent, of the frauds committed. The opinion referred to by Mr. iledden is as follows: Department Of Justice, Washington, October 4, 1878. Sir: Yours of the 12th ultimo states that Messrs. Baldwin, Sexton & Peterson imported into New York certain diamonds, which they wished to enter on the 1st day of last May, under the act of June 22, 1874, chapter 391, the invoices certified by the consul not having come to hand. Accordingly, a statement in the form of an invoice was made, giving the value as 21,550 francs. The member of the firm who made this statement discovered...
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Product details

  • Paperback | 392 pages
  • 189 x 246 x 21mm | 699g
  • United States
  • English
  • black & white illustrations
  • 1236766547
  • 9781236766540