Page:EB1911 - Volume 04.djvu/213

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BONDED WAREHOUSE—BONE
  

Polish adventure of Charles X. was strenuously opposed by Bonde, though when once it was decided upon he materially assisted the king to find the means for carrying it on. He was also in favour of strict economy coupled with the recovery of the royal domains which had fallen into the hands of the nobles, though his natural partiality for his fellow-peers came out clearly enough when in 1655 he was appointed a member of Charles X.’s land-recovery commission. In 1659 he succeeded Herman Fleming as lord high treasurer, and was one of the council of regency appointed to govern Sweden during the minority of Charles XI. In 1661 he presented to the senate a plan which aimed at rendering Sweden altogether independent of foreign subsidies, by a policy of peace, economy and trade-development, and by further recovery of alienated estates. His budget in the following year, framed on the same principles, subsequently served as an invaluable guide to Charles XI. Bonde’s extraordinary tenacity of purpose enabled him for some years to carry out his programme, despite the opposition of the majority of the senate and his co-regents, who preferred the more adventurous methods of the chancellor Magnus de la Gardie, ultimately so ruinous to Sweden. But the ambition of the oligarchs, and the fear and jealousy of innumerable monopolists who rose in arms against his policy of economy, proved at last too strong for Bonde, while the costly and useless expedition against Bremen in 1665, undertaken contrary to his advice, completed the ruin of the finances. In his later years Bonde’s powers of resistance were weakened by sickness and mortification at the triumph of reckless extravagance, and he practically retired from the government some time before his death.

See Martin Veibull, Sveriges Storhetstid (Stockholm, 1881).


BONDED WAREHOUSE, a warehouse established by the state, or by private enterprise, in which goods liable to duty are lodged until the duty upon them has been paid. Previous to the establishment of bonded warehouses in England the payment of duties on imported goods had to be made at the time of importation, or a bond with security for future payment given to the revenue authorities. The inconveniences of this system were many; it was not always possible for the importer to find sureties, and he had often to make an immediate sale of the goods, in order to raise the duty, frequently selling when the market was depressed and prices low; the duty, having to be paid in a lump sum, raised the price of the goods by the amount of the interest on the capital required to pay the duty; competition was stifled from the fact that large capital was required for the importation of the more heavily taxed articles; there was also the difficulty of granting an exact equivalent drawback to the exporter, on goods which had already paid duty. To obviate these difficulties and to put a check upon frauds on the revenue, Sir Robert Walpole proposed in his “excise scheme” of 1733, the system of warehousing, so far as concerned tobacco and wine. The proposal, however, was very unpopular, and it was not till 1803 that the system was actually adopted. By an act of that year imported goods were to be placed in warehouses approved by the customs authorities, and importers were to give “bonds” for payment of duties when the goods were removed. It was from this that the warehouses received the name of “bonded” or “bonding.” The Customs Consolidation Act 1853 dispensed with the giving of bonds, and laid down various provisions for securing the payment of customs duties on goods warehoused. These provisions are contained in the Customs Consolidation Act 1876, and the amending statutes, the Customs and Inland Revenue Act 1880, and the Revenue Act 1883. The warehouses are known as “king’s warehouses,” and by s. 284 of the act of 1876 are defined as “any place provided by the crown or approved by the commissioners of customs, for the deposit of goods for security thereof, and the duties due thereon.” By s. 12 of the same act the treasury may appoint warehousing ports or places, and the commissioners of customs may from time to time approve and appoint warehouses in such ports or places where goods may be warehoused or kept, and fix the amount of rent payable in respect of the goods. The proprietor or occupier of every warehouse so approved (except existing warehouses of special security in respect of which security by bond has hitherto been dispensed with), or some one on his behalf, must, before any goods be warehoused therein, give security by bond, or such other security as the commissioners may approve of, for the payment of the full duties chargeable on any goods warehoused therein, or for the due exportation thereof (s. 13). All goods deposited in a warehouse, without payment of duty on the first importation, upon being entered for home consumption, are chargeable with existing duties on like goods under any customs acts in force at the time of passing such entry (s. 19). The act also prescribes various rules for the unshipping, landing, examination, warehousing and custody of goods, and the penalties on breach. The system of warehousing has proved of great advantage both to importers and purchasers, as the payment of duty is deferred until the goods are required, while the title-deeds, or warrants, are transferable by endorsement.

While the goods are in the warehouse (“in bond”) the owner may subject them to various processes necessary to fit them for the market, such as the repacking and mixing of tea, the racking, vatting, mixing and bottling of wines and spirits, the roasting of coffee, the manufacture of certain kinds of tobacco, &c., and certain specific allowances are made in respect of waste arising from such processes or from leakage, evaporation and the like.


BONDU, a French protectorate in West Africa, dependent on the colony of Senegal. Bondu lies between the Faleme river and the upper course of the Gambia, that is between 13° and 15° N., and 12° and 13° W. The country is an elevated plateau, with hills in the southern and central parts. These are generally unproductive, and covered with stunted wood; but the lower country is fertile, and finely clothed with the baobab, the tamarind and various valuable fruit-trees. Bondu is traversed by torrents, which flow rapidly during the rains but are empty in the dry season, such streams being known in this part of West Africa as marigots. The inhabitants are mostly Fula, though the trade is largely in the hands of Mandingos. The religion and laws of the country are Mahommedan, though the precepts of that faith are not very rigorously observed. Mungo Park, the first European traveller to visit the country, passed through Bondu in 1795, and had to submit to many exactions from the reigning prince. The royal residence was then at Fatteconda; but when Major W. Gray, a British officer who attempted to solve the Niger problem, visited Bondu in 1818 it had been removed to Bulibani, a small town, with about 3000 population, surrounded by a strong clay wall. In August 1845 the king of Bondu signed a treaty recognizing French sovereignty over his country. The treaty was disregarded by the natives, but in 1858 Bondu came definitely under French control. The country has since enjoyed considerable prosperity (see Senegal).

See A. Rançon, Le Bondou: étude de géographie et d’histoire soudaniennes de 1681 à nos jours (Bordeaux, 1894).


BONE, HENRY (1755–1834), English enamel painter, was born at Truro. He was much employed by London jewellers for small designs in enamel, before his merits as an artist were well known to the public. In 1800 the beauty of his pieces attracted the notice of the Royal Academy, of which he was then admitted as an associate; in 1811 he was made an academician. Up to 1831 he executed many beautiful miniature pieces of much larger size than had been attempted before in England; among these his eighty-five portraits of the time of Queen Elizabeth, of different sizes, from 5 by 4 to 13 by 8 in. are most admired. They were disposed of by public sale after his death. His Bacchus and Ariadne, after Titian, painted on a plate, brought the great price of 2200 guineas.


BONE (a word common in various forms to Teutonic languages, in many of which it is confined to the shank of the leg, as in the German Bein), the hard tissue constituting the framework of the animal skeleton. For anatomy see Skeleton and Connective Tissues.

Bone Diseases and Injuries.—The more specific diseases affecting the bones of the human body are treated under separate