Agricultural relief: Export debenture plan

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Multivolume work

Identifikator:: 1818395479

Document type:: Multivolume work

Author:: Marx, Karl http://d-nb.info/gnd/118578537; Engels, Friedrich http://d-nb.info/gnd/118530380

Title:: Historisch-kritische Gesamtausgabe

Place of publication:: Frankfurt a.M.

Publisher:: Marx-Engels-Archiv

Year of publication:: 1927-

Collection:: Economics Books

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Volume

Identifikator:: 1818396394

URN:: urn:nbn:de:zbw-retromon-205987

Document type:: Volume

Author:: Marx, Karl http://d-nb.info/gnd/118578537; Engels, Friedrich http://d-nb.info/gnd/118530380

Title:: Der Briefwechsel zwischen Marx und Engels 1861-1867 / herausgegeben von D. Rjazanov

Volume count:: Abt. 3, Briefwechsel, Bd. 3

Place of publication:: Berlin

Publisher:: Marx-Engels-Verlag G. M. B. H.

Year of publication:: 1930

Scope:: XXIII, 488 Seiten

Digitisation:: 2022

Collection:: Economics Books

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Chapter

Document type:: Multivolume work

Structure type:: Chapter

Title:: 1864

Collection:: Economics Books

FINANCIAL REFORM R35 In imposing these burdens, successive ministers had been AD, me unable to keep any definite principles in view. The Govern- ment had been living from hand to mouth, and had been forced to have recourse to every possible source of revenue, without having much respect, either to the pressure on the taxpayer, or to the influences of the tariff on economic progress. So soon as the war was over, an attempt was made to render the pressure of taxation less onerous. The income which was tax seems to have been the most serious burden; public reduced opinion was strongly set against it, and it was repealed in 816. A corresponding boon was given, at the same time, to the masses, as the last additions to the malt tax were also abandoned ; though it was necessary to increase the excise on soap, in order to make up the deficiency which these remis- sions caused. The next steps in financial reform show a reversion to the point of view which had been adopted by Walpole; as serious efforts were made for modifying our fiscal system so as to give freedom for the development of industry and commerce ; Robinson and Huskisson set themselves to reduce with the and remove the taxes on raw materials. This was done in rt regard to raw silk ; while at the same time the strict monopoly jagusiry, of the home market, which the silk manufactures had hitherto possessed, was withdrawn, and foreign silks might be im- ported on paying a thirty per cent. duty. Huskisson pursued the same course in regard to other trades; the duties on copper, and zinc, and tin, were reduced to half the former amount; the duty on wool was also halved, and at the same time the very high tariffs on foreign manufactures of different sorts were reduced. Thus in 1824 and 1825 very consider- able reductions, as well as simplifications, were made in our tariff, and on principles which relieved the manufacturing interest, The various Chancellors of the Exchequer were able to proceed gradually with the remission of taxation, but in 1836 the commercial outlook became most threatening. The, crisis of 1837. followed as it was by commercial staonation. told t The income-tax had been dropped in 1803, but immediately re-imposed. Vocke, Geschichte der Steuer des Britischen Reichs, 527. 53_9

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