R84c First Issue Inland Exchange Oriental Powder Co. cancel
The Oriental Powder Company in Gorham-Windham produced more than one-fourth of the military-grade gunpowder used by the Union forces during the Civil War. Peak annual production during the war years exceeded 2,500,000 pounds.
When the Civil War ended, the demand for military gunpowder fell sharply, and the Oriental Powder Company went bankrupt. However, in 1872 it was reincorporated under the name Oriental Powder Mills, and gunpowder production continued there for another 32 years under various owners. Production ceased in 1904, after 80 years.
Civil War era, First Issue
In August 1862, while the American Civil War was being waged, the United States government began taxing a variety of goods, services and legal dealings. To confirm that taxes were paid a ‘revenue stamp’ was purchased and appropriately affixed to the taxable item, which would in turn pay the tax duty involved. The new stamps were printed in several colors and depicted a portrait of George Washington on all thirty denominations from one-cent to $200. The new revenue stamps were used to pay tax on proprietary items such as playing cards, patent medicines and luxuries, and for various legal documents, stocks, transactions and various legal services. The cancellation of these stamps were usually done in pen and ink, while hand stamped cancellations were seldomly used and subsequently are more rare. When the Civil War ended it did not mean an end to revenue taxes as the federal government still had not paid the $2.7 billion debt it had acquired until 1883, at which time it finally repealed the excise tax.