Page 159

A Momentous Century in Time 1815 - 1915 by Ron Lesher

We live in a society where the keeping of time is essential ~ perhaps even more essential than most of us realize. That has not always been the case. Consider that in 1815 the U.S. Congress imposed an annual tax of $2 on gold watches and $1 on silver watches. Surely, this tax did not bring in an enormous amount of revenue, and a year later the tax was repealed on April 9,

1816. Below is a receipt dated April 4, 1816, for the $1 tax on a silver watch for the year 1815. The ow ner of t hat watch was Jeremiah Bliss, a sea captain from Newport, Rhode Island, who was 46 years old at the time that he paid the one dollar tax on his watch. One can understand the necessity of owning a watch for a sea captain. That, along with a sextant and an ephemeris or

Tax receipt issued to Capt. Jeremiah Bliss in 1816. 159

March 2014 ttimes web magazine  
Read more
Read more
Similar to
Popular now
Just for you