Cyprus, As I Saw It In 1879 By Sir Samuel White Baker





















































 -  The amount
recovered in the first six months of the current year was 743,775
piastres. The estimate for the - Page 506
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The Amount Recovered In The First Six Months Of The Current Year Was 743,775 Piastres.

The estimate for the entire year may therefore be safely taken at 1,102,000 piastres, or 9,500 pounds.

Customs.

We now come to the indirect taxes. I hope on a future occasion to describe, more fully than time will allow at present, the effect of the existing customs tariff in the past, and the modifications that may be made under British administration in this important branch of the public revenue, and in the excise on tobacco and spirits. It is sufficient to say at present that the customs revenue is derived from a duty of 8 per cent. upon imports and 1 per cent. upon exports, and that the receipts of the last five years give an average of 981,405 piastres, or 8,460 pounds. The increased population and trade consequent upon the British occupation of the island have already had a sensible effect upon the revenue. The collections in the first four months of the current official year under Turkish rule amounted to 268, 718 piastres, or 2,316 pounds. In the next two months of British administration they amounted to 305,386 piastres, or 2,632 pounds, being an increase of over 127 per cent., and that without any change in the tariff or the customs regulations. A continuance of this rate may safely be reckoned upon for the next six months, and the revenue of the entire year is therefore estimated at 1,554,400 piastres, or 13,400 pounds.

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