The manufacturer has to advance the tax, before commencing the manufacture, and is therefore under a necessity of having larger accumulated fund than is required for, or is actually employed in, the production which he carries on.

• 制造商必 须提前纳税，在开始生产以前就纳税。因而制造商拥有的资金，就必须多于生产所需要或实际使用的资金。