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Updated: May 29, 2025
This was certainly little in accordance with the arbitrary practice of the past quarter of a century. With respect to the great principle of taxation, stricter bonds even were provided than those which already existed. Not only the right of taxation remained with the states, but the Count was to see that, except for war purposes, every impost was levied by a unanimous vote.
A tax of the hundredth penny, or one per cent., was laid upon all property, real and personal, to be collected instantly. This impost, however, was not perpetual, but only to be paid once, unless, of course, it should suit the same arbitrary power by which it was assessed to require it a second time. A tax of the twentieth penny; or five per cent., was laid upon every transfer of real estate.
In an interview with the Herald, he said: "Most of my statistics are still incomplete, but I can give you a few facts, which will unquestionably be of great interest to the business men of the States. In Porto Rico everything is taxed, and most articles are taxed in several different ways. There is an impost duty on flour of $4 a barrel. I think that will be knocked off at once.
The proposed impost in itself was not considerable, and would not have been extraordinarily obnoxious to the privileged classes, but for the principle of equality by which Turgot justified it: "The expenses of government having for their object the interests of all, all should contribute to them; and the more advantages a man has, the more that man should contribute."
The President is discussing the question, What shall we do with the surplus? "Shall we suppress the impost, and give that advantage to foreign over domestic manufactures?
We received, as the custom is, fifteen ounces of gilt plate for a Privy Counsellor, and fifteen ounces for Secretary of the Latin Tongue; likewise we had the impost of four tuns of wine, two for a Privy Counsellor, and two for a Master of Requests. January 15th, I took my leave of the King and Queen, who, with great kindness, wished me a good voyage to Spain.
The provincial revenue is derived from customs duties, public works, crown lands, excise, and bank impost. The customs duties last year came to 1,100,000l., the revenue from public works to 123,000l., from lands about the same sum, from excise about 40,000l., and from the tax on the current notes of the banks 30,000l.
Wednesday came, and still he was well; with which his impertinent wife did much twit him in his teeth. Thursday came, and dinner was ended, he very well: he went down to the water-side, and took a pair of oars to go to some buildings he was in hand with in Puddle-dock. Being in the middle of the Thames, he presently fell down, only saying, 'An impost, an impost, and so died.
During this year and the next the States of Holland, whose proportion often amounted to fifty per cent. of the whole contribution of the United Provinces, and who ever set a wholesome example in taxation, raised the duty on imports and all internal taxes by one-eighth, and laid a fresh impost on such articles of luxury as velvets and satins, pleas and processes.
Mothers scared their children into quiet with the terrible name of Schenk, and farmers and land-younkers throughout the electorate and the land of Berg, Cleves, and Juliers, paid their black-mail, as if it were a constitutional impost, to escape the levying process of the redoubtable partisan.
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