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With respect to the civil list, it was raised by a new subsidy of tonnage and poundage, the hereditary and temporary excise, a weekly portion from the revenue of the post-office, the first-fruits and tenths of the clergy, the fines in the alienation office, and post-fines, the revenue of the wine-license, money arising by sheriffs, proffers, and compositions in the exchequer; and seizures, the income of the duchy of Cornwall, the rents of all other crown lands in England or Wales, and the duty of four and a half per cent, upon specie from Barbadoes and the Leeward-islands.
There was a little locking of doors, and drawing of the green silk curtain that was supposed to shut out the shop, but really all this was done very much for form's sake. Everybody in Monkshaven smuggled who could, and every one wore smuggled goods who could, and great reliance was placed on the excise officer's neighbourly feelings.
The value of the imports and exports between Great Britain and the West Indies, including the excise and customs, was between seven and eight millions annually; and the tonnage of the ships employed, about an eighth of the whole tonnage of these kingdoms. He complained that in the evidence the West India planters had been by no means spared.
Walpole's own fibre was something like that of the oaks which grew on his domain. His policy on two of the most eventful occasions of his life has been amply justified by history. He was right in the principles of his Excise Bill; he was right in opposing the war policy of the Patriots.
How goes Law? Apropos, for correction's sake do not address to me supervisor, for that is an honour I cannot pretend to I am on the list, as we call it, for a supervisor, and will be called out by-and-by to act as one; but at present I am a simple gauger, tho' t'other day I got an appointment to an excise division of L25 per annum better than the rest.
While the manufacturers of alcohol pay the excise tax in bulk, that is on the number of gallons produced, the manufacturers of cigars and tobacco have to attach to each separate package a distinct internal revenue stamp. These stamps are purchased from the internal revenue collectors, appointed by the Government to certain districts.
GERMANY: BISMARCK's LATER POLICY. Since 1878, when Bismarck abandoned his alliance with the National Liberals, he had been endeavoring to increase the financial strength of the empire by changing the customs and excise system, to conquer the socialists both by direct attack and by taking the working classes under the special care of the state, and, more recently, to procure for Germany colonial possessions.
Because of the present need for revenue the corporation income tax should be kept at the current rate of 52% for another year, and the excise taxes scheduled to be reduced on April first, including those on liquor, tobacco, gasoline and automobiles, should be continued at present rates.
They granted two millions for the navy, and about five hundred thousand pounds, to make good the deficiencies of the annuity and poll bills; so that the supplies for the year amounted to about five millions and a half, raised by a land-tax of four shillings in the pound, by two more lives in the annuities, a further excise on beer, a new duty on salt, and a lottery.
Liberalism must broaden its outlook, and seek to promote "the large and efficient development of the British Commonwealth on liberal lines, both within and outside these islands." The spokesman of the minority, however, based his opposition not on Frere's general policy, still less on his character, but as a protest against an Excise Act, which was one of Mr.
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