Venezuela Or Sketches of Life in a South American Republic With the History O

Cover Venezuela Or Sketches of Life in a South American Republic With the History O
Venezuela Or Sketches of Life in a South American Republic With the History O
Edward Backhouse Eastwick
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. . 74 Sept. 12, 1863 85 Since then the rate has been further increased, and as much as one hundred per cent has been paid. Thus, a barrel of flour of two hundred pounds, the cost price of which is eight dollars, has paid eight dollars duty.
The next thmg to be ascertamed is the actual yearly amount of imports. Now, according to the report of the Minister of Finance, the actual amoimt of imports for the first sixteen years of the Repubhc was two hundred mil- lions, of which no less than one hun
...dred and twenty-nine and a half millions Avere smuggled. Seventy and a half THE EEVENUE. 287 millions, therefore, passed through the Custom-houses yearly, or about four millions four hundred thousand pounds' worth a 3'ear. In corroboration of this statement may be quoted that of Brandt, who calculates that the government lost in the fii'st seventeen years of the Republic forty-eight millions by defalcation ; that is, nearly three millions a year, or fifty per cent, on an annual amoimt of six milhons of imj)orts kept back from the knowledge of government.

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