viii INTRODUCTORY 



The maximum limit of moisture allowed in manufacture 

 of Tobacco was fixed in 1887 at 35 per cent., and was 

 changed in 1898 to 30 per cent., and again raised in 1904 

 to 32 per cent. 



The moisture naturally present in the kinds of Tobacco 

 now imported averages about 14 per cent. I mention 

 these facts because they are as you know of considerable 

 importance in making calculations of the quantities sold 

 over the counters of retailers to consumers. 



Perhaps I may add that in 1904 differential rates were 

 levied on Stripped or Stemmed Tobacco, that is upon Leaf 

 from which the ' midrib ' had been removed. The duty on 

 1 strips ' imported before the Budget was fixed at 35. i ^d. the 

 lb., and at 35. 3d. on Strips brought here afterwards, while 

 the duty on whole leaf Tobacco was settled at 35. od. the lb. 



I am, Sir, 

 Your obedient servant, 



A. C. WOOD, 



Principal. 

 E. V. HEWARD, ESQ. 



UNITED KINGDOM 



TOBACCO. FINANCIAL YEAR 1904-5 



Quantity Consumption 



Imports Value Retained for per head of Revenue 



all Home use Population 



kinds (All kinds) 1904-5 



Lbs. Lbs. Lbs. 



** 107,862,489 4,356,779 * 83,374,670, 1.95 13,184,767 



** 103,847,897 * Raw 80,896,242 



4,014,592 2,478,428 



107,862,489 83,374,670. 



