United States or British Indian Ocean Territory ? Vote for the TOP Country of the Week !
Just before Charles came to the throne, Parliament granted subsidies in expectation of a war against Spain, but, when he had used up the war- money without showing any serious inclination to open hostilities with Spain, and had then demanded additional grants, Parliament gave evidence of its growing distrust by limiting a levy of customs duties to one year, instead of granting them as usual for the whole reign.
But for the alliance and subsidies of the faithful States, Henry would not so soon have ascended the throne of his ancestors, while it was matter of history that the Spanish government had for years been steadily endeavouring to subjugate England not so much for the value of the conquest in itself as for a stepping-stone to the recovery of the revolted Netherlands.
This momentary panic over, Lodovico recovered his health and nerve, but his treasury was exhausted by the large subsidies granted to his allies and the extravagant expenditure of the last two years, and the forced loans which he exacted from his subjects created a general feeling of discontent.
They paid tenths and first-fruits and subsidies, so that out of twenty pounds of a benefice the incumbent did not reserve more than L 13 6s. 8d. for himself and his family. They had to pay for both prince and laity, and both grumbled at and slandered them.
They want to set up a national economy which balances itself with as little government subsidy as possible, for they realize that persistent subsidies ultimately bankrupt their government. They are less concerned that every detail be immediately right than they are that the direction be right.
Wherefore we give and grant to the said earls, &c. by themselves, their factors or servants, and none others, for and during the space of twelve years, the whole freedom and liberty of the said trade, any law, &c. to the contrary in any way notwithstanding. The said trade to be free of all customs, subsidies or other duties, during the said period to us, our heirs and successors, &c.
Here are a despotic king and his confidential minister laying their heads together in one cabinet; the viceroy of the most important provinces of the realm, with his secretary, deeply conferring in another, not as to the manner of advancing the great interests, moral or material, of the people over whom God has permitted them to rule, but as to the best means of arranging conspiracies against the throne and life of a neighboring sovereign, with the connivance and subsidies of the Pope.
In spite of the confiscation of the abbey lands in 1539 the treasury was found empty at the very opening of the war: the large subsidies granted by the Parliament were expended; and conscious that a fresh grant could hardly be expected even from the servile Houses the government in 1545 fell back on its old resource of benevolences.
In a recent memoir submitted to the Premiers of our various Provinces the social welfare of the immigrants was one of the topics to which particular attention was given. We can see that the Government will be ready to subsidize social work in Immigration, provided there is no over-lapping. There will be subsidies for our work, if we are organized and ask for them.
Although ministers were to be congratulated, he thought, "on the revenue being managed with more frugality than in the late reign," the House scarcely need be told that the war had greatly increased the debt, an increase not to be placed at a lower figure than some seventy odd millions; and so, on account of this great increase in the debt, and in spite of gratifying advances in the customs duties and the salutary cutting off of the German subsidies, taxes were now, the House would easily understand, necessarily much higher than formerly "our taxes," he said, "exceeded by three millions what they were in 1754."
Word Of The Day