se scheme" of 1733, the system of warehousing, so far as
concerned tobacco and wine. The proposal, however, was very unpopular,
and it was not till 1803 that the system was actually adopted. By an act
of that year imported goods were to be placed in warehouses approved by
the customs authorities, and importers were to give "bonds" for payment
of duties when the goods were removed. It was from this that the
warehouses received the name of "bonded" or "bonding." The Customs
Consolidation Act 1853 dispensed with the giving of bonds, and laid down
various provisions for securing the payment of customs duties on goods
warehoused. These provisions are contained in the Customs Consolidation
Act 1876, and the amending statutes, the Customs and Inland Revenue Act
1880, and the Revenue Act 1883. The warehouses are known as "king's
warehouses," and by s. 284 of the act of 1876 are defined as "any place
provided by the crown or approved by the commissioners of customs, for
the deposit of goods for security thereof, and the duties due thereon."
By s. 12 of the same act the treasury may appoint warehousing ports or
places, and the commissioners of customs may from time to time approve
and appoint warehouses in such ports or places where goods may be
warehoused or kept, and fix the amount of rent payable in respect of the
goods. The proprietor or occupier of every warehouse so approved
(except existing warehouses of special security in respect of which
security by bond has hitherto been dispensed with), or some one on his
behalf, must, before any goods be warehoused therein, give security by
bond, or such other security as the commissioners may approve of, for
the payment of the full duties chargeable on any goods warehoused
therein, or for the due exportation thereof (s. 13). All goods deposited
in a warehouse, without payment of duty on the first importation, upon
being entered for home consumption, are chargeable with existing duties
on like goods under any customs acts in force at the time of passing
such entry (s. 19). The act also prescribes various rules for the
unshipping, landing, examination, warehousing and custody of goods, and
the penalties on breach. The system of warehousing has proved of great
advantage both to importers and purchasers, as the payment of duty is
deferred until the goods are required, while the title-deeds, or
warrants, are transferable by endorsement.

While the goods are in the warehouse ("in bond") th