by obtaining a loan upon the pledge of the said direct taxes, or either of them, for the reimbursement thereof, to an amount not exceeding six millions of dollars; and at a rate of interest not exceeding six per centum per annum. And any bank or banks not incorporated, or which may hereafter be incorporated, under the authority of the United States, is, and are hereby authorized to make such loan: Provided always, and it is expressly declared,Proviso.
Repealed by act of Dec. 23, 1817, ch. 1. That the money so obtained upon loan, shall be applied to the purposes aforesaid, to which the said direct taxes so to be pledged are by this act applied and appropriated, and to no other purposes whatsoever.
Approved, January 9, 1815.
Statute III.
Chap. XXII.—An Act to provide additional revenues for defraying the expenses of government, and maintaining the public credit, by laying duties on various goods, wares, and merchandise, manufactured within the Unites States.[1]
Tax imposed.Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That from and after the expiration of ninety days subsequent to the passing of this act, there shall be paid upon all goods, wares, and merchandise, of the following descriptions, which shall thereafter be manufactured or made for sale within the United States, or the territories thereof, the respective duties following, that is to say:
Rates of Specific articles.Pig iron, per ton, one dollar.
Castings of iron, per ton, one dollar and fifty cents.
Bar iron, per ton, one dollar.
Rolled or slit iron, per ton, one dollar.
Nails, brads, and sprigs, other than those usually denominated wrought, per pound, one cent.
Mould candles or tallow, or of wax other than white, or in part of each, per pound, three cents.
Hats and caps, in whole or in part of leather, wool or furst; bonnets, in whole or in part of wool or fur, if above two dollars in value, eight per centum ad valorem.
Hats of chip or wood covered in silk or other materials, or not covered, if above two dollars in value, eight per centum ad valorem.
Umbrellas and parasols, if above the value of two dollars, eight per centum ad valorem.
Paper, three per centum ad valorem.
Playing and visiting cards, fifty per centum ad valorem.
Saddles and bridles, six per centum ad valorem.
Boots and bootees, exceeding five dollars per pair in value, five per centum ad valorem.
Beer, ale, and porter, six per centum ad valorem.
Tobacco, manufactured segars and snuff, twenty per centum ad valorem.
Leather, including therein all hides and skins, whether tanned, tawed, dressed, or otherwise made, on the original manufacture thereof, five per centum ad valorem: which said duties shall be paid by the owner of occupier of the buildings or vessels in which, or of the machines, implements, or utensils wherewith, and the said goods, wares, and merchandise, shall have been manufactured or made, or by the agent or superintendent thereof; the amount thereof payable by any one person at any one time, if not exceeding twenty dollars shall, and if exceeding twenty dollars may, be paid in money with a deduction of two per centum at the time- ↑ See note to the act of July 4, 1789, ch. 2, vol i. p. 24.
