--------+---------------+---------------+---------------+--------------- | | Actual Amount | Total | Percentage of YEARS. | Face Value. | Collected. | Delinquent |Delinquent Tax | | | Taxes. | Each Year. --------+---------------+---------------+---------------+--------------- 1886-87 | $5,240,651.50 | $4,655,835.65 | $584,815.85 | 11.16 1887-88 | 5,386,627.83 | 4,758,446.22 | 628,181.61 | 11.66 1888-89 | 5,316,367.60 | 4,694,829.26 | 621,538.34 | 11.69 1889-90 | 4,878,047.21 | 4,304,207.16 | 573,840.05 | 11.76 1890-91 | 5,336,611.25 | 4,659,477.25 | 677,134.00 | 12.69 1891-92 | 4,242,982.34 | 3,696,877.74 | 546,104.60 | 12.87 1892-93 | 5,357,928.97 | 4,635,278.61 | 722,650.36 | 13.49 1893-94 | 5,092,200.41 | 4,507,920.29 | 584,280.12 | 11.47 1894-95 | 5,163,321.70 | 4,425,338.49 | 737,983.21 | 14.29 1895-96 | 4,907,654.17 | 3,539,029.98 | 1,368,624.19 | 27.88 1896-97 | 5,042,205.00 | 3,266,583.37 | 1,775,621.63 | 35.21 1897-98 | 4,430,595.15 | 2,377,742.21 | 2,052,852.94 | 46.33 --------+---------------+---------------+---------------+--------------- Total |$60,395,193.13 | 49,521,566.23 |$10,873,626.90 | 18.04 --------+---------------+---------------+---------------+--------------- Of course this difference does not absolutely represent the uncollected taxes, because the Government officials may have subsequently been able to secure collections from some of the delinquents. The delinquent column is also very greatly enlarged by reason of the fact that the Government authorities place in the hands of the Spanish Bank a large number of worthless receipts--that is, receipts in which the taxpayer is dead or the properties destroyed. This explanation, of course, exonerates the Spanish Bank, and shows that it collects the taxes in a businesslike way; but it does not change matters from a revenue point of view. That remains the same. It is probable, however, that under the new conditions it will be easy so to levy these taxes that they will yield annually from $4,000,000 to $5,000,000 in revenue. In thus proceeding the United States authorities will unquestionably abolish some of the most onerous. The receipts from internal taxes are estimated as follows: INTERNAL REVENUE Stamped paper $350,000 Postage stamps 300,000 Stamped paper for payment to the State 250,000 Stamps for the same 50,000 Telegraph stamps 40,000 Bills of Health 3,000 Stamps for diplomas and matriculation 90,000 Stamped paper for municipal fines 1,000