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Home > History and Archaeology > History > The National Arithmetic on the Inductive System Volume 4; Combining the Analytic and Synthetic Methods, Together with the Cancelling System Forming a Complete Mercantile Arithmetic
The National Arithmetic on the Inductive System Volume 4; Combining the Analytic and Synthetic Methods, Together with the Cancelling System Forming a Complete Mercantile Arithmetic

The National Arithmetic on the Inductive System Volume 4; Combining the Analytic and Synthetic Methods, Together with the Cancelling System Forming a Complete Mercantile Arithmetic


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About the Book

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1848 Excerpt: ...the above bills? Ans. March 16, 1846. Section L. CUSTOM-HOUSE BUSINESS. In every port of the United States where merchandise is either exported or imported, there is an establishment called a Custom-house. Connected with this are certain officers, appointed by government, called custom-house officers, whose business is to collect the duties on various kinds of merchandise, &c., imported into the United States. The following article on Allowances, &c, was very politely furnished the author by the officers of the Boston custom-house, and may therefore be relied on as perfectly correct. Allowances. Draft is an allowance made by the officers of the United States government in the collection of duties on merchandise liable to a specific duty, and ascertained by weight, and is also given by the usage of merchants in buying and selling. It is a deduction from the actual gross weight of the article paying duty by the pound or sold by weight. For example, a box of sugar actually weighs 500 pounds. The draft upon this weight is 4 pounds. 500 gross. 4 draft. 496 difference. Upon this difference is made a further allowance of fifteen per cent. as tare, or as the actual weight of the box before the sugar was put into it. This tare is allowed by the government in the collection of the duty, and by the merchant in buying and selling. Take, then, the box of sugar, say 500lb. gross. 4 draft. 496 difference. 74 tare. 422 net weight, upon which a duty is paid to the government, or price is paid to the merchant in his sale. This tare of 74 pounds, or 15 per cent., is usually more than the actual tare, but is assumed as the probable or actual tare, by reason of the impossibility of " starting " every box to ascertain the actual weight of the sugar, and the act...


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Product Details
  • ISBN-13: 9781231060773
  • Publisher: Rarebooksclub.com
  • Publisher Imprint: Rarebooksclub.com
  • Height: 246 mm
  • No of Pages: 100
  • Spine Width: 5 mm
  • Width: 189 mm
  • ISBN-10: 1231060778
  • Publisher Date: 01 May 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 195 gr


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The National Arithmetic on the Inductive System Volume 4; Combining the Analytic and Synthetic Methods, Together with the Cancelling System Forming a Complete Mercantile Arithmetic
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