The Argentine in the Twentieth CenturyMartínez, Alberto B.
History
The Argentine in the Twentieth Century
Martínez, Alberto B.
Argentina -- Commerce; Argentina -- Economic conditions; Finance -- Argentina
Besides the above there are some ninety-five articles or products on
which specific duties are imposed.
Since 1900 a legislative factor, at first sight unimportant, but in
practice of the greatest advantage, has to a certain extent modified
the vexatious character of the Argentine tariff. This factor consists
in the relative stability imposed by Congress on the customs law, by
the suppression of the annual revision to which the rate of valuation
was subjected, which change has allowed commerce to establish its
transactions on a definite basis; whereas they were formerly contingent
upon the continual modifications of the said tariff. This step, like so
many others, was initiated by the ex-Minister, Señor José Maria Rosa.
Exaggerated values were always at the base of these tariffs, and the
abuse became so notorious that the present Minister of Finance, Dr Terry,
was himself obliged to recognise “that reform was essential in the matter
of the rectification of all these valuations, in order that the Customs
Administration should not strike indirectly at imported products by taxes
far in advance of those intended by the legislative power.” A new tariff
has been in force since the 1st of January 1905, and although it also has
given rise to a certain degree of recrimination, it is none the less an
improvement upon the former state of affairs. As for the export duties,
here again we find notable discrepancies between the valuations and the
market prices which ought, on principle, to serve as their basis. They
were established after the crisis of 1890, and as they were now no longer
justified by insufficient resources, they were suppressed by Congress
reckoning from 1906.
These customs duties on exported goods were established by the Argentine
Constitution, but not in a permanent manner. The Charter enacted that
they should be in force up to 1866; but at that time, the country being
at war with Paraguay, a Convention was convoked, which postponed the
settlement of the matter for some years.
In 1887 the export duties were suppressed; but in 1900, after the
terrible financial crash, they were once more established, in order to
relieve the heavy burdens and engagements of the Treasury.
These duties were from 4 to 100 per cent. _ad valorem_, and were
principally directed against leathers and hides, wool washed or unwashed,
ostrich plumes, tallow, fat, animal oil, horns, etc.
Public-domain text, read in full here on John Shaqi.
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