Decree 181., May 24, 1877

Decree 181.

J. Rufino Barrios, General of Division and President of the Republic of Guatemala, considering that the public income ought to increase in proportion to the necessities of the country, and that it is fitting to the national credit to appoint new funds for the extinction of the bonds of the converted debt, thereby favoring the holders of those bonds, in use of the faculties with which I am invested, I decree:

• Article 1. From the 1st of July next the administrations of taxes will collect 50 per cent, more than is paid at present on every marizana of sugar-cane.
• Article 2. The duties which are collected at present in the custom-houses, both maritime and on the frontier, are raised 25 per cent, on foreign merchandise.
• Article 3. The payment of the augmentation of 25 per cent, hereby established shall be made in the following manner: Counting ten days from this date for the introduction of goods proceeding from any part of Central America; thirty days for importations from California, Mexico, and South America; two months for goods proceeding from New York and the Antilles; four months for the importations from Europe, if made by steamer, and six months for the same if made by sailing-ship.
• Article 4. On paying this tax, 10 per cent, will be paid in bonds of the converted debt and 15 per cent, in cash.