Vietnam or Thailand ? Vote for the TOP Country of the Week !
Updated: June 20, 2025
Richard had increased the amount of the scutage which Henry the Second had introduced, and applied it to raise funds for his ransom. He had restored the Danegeld, or land-tax, so often abolished, under the new name of "carucage," had seized the wool of the Cistercians and the plate of the churches, and rated movables as well as land.
He says there is only one mode by which you can rapidly stimulate the growth of cotton in India, except that stimulus coming from the high prices for the time being, he says that, if the Government would make a public declaration that for five years they would exempt from land-tax all land which during that time shall grow cotton, there would be the most extraordinary increase in the growth of that article which has ever been seen in regard to any branch of agriculture in the world.
The term means "thousandth-part money," that is, the thousandth part of a tael or Chinese ounce of silver, say one cash; and it was originally applied to a tax of one cash per tael on all sales, said to have been voluntarily imposed on themselves by the people, as a temporary measure, with a view to make up the deficiency in the land-tax caused by the rebellion.
28th. To Westminster Hall, where, it being now about six o'clock, I find the House just risen; and met with Sir W. Coventry and the Lieutenant of the Tower, they having sat all day; and with great difficulty have got a vote for giving; the King 300,000l., not to be raised by any land-tax. The sum is much smaller than I expected, and than the King needs; but is grounded upon Mr.
Here I staid a little while talking with him and the ladies, and then away to my Lord Crew's, and then did by the by make a visit to my Lord Crew, and had some good discourse with him, he doubting that all will break in pieces in the kingdom; and that the taxes now coming out, which will tax the same man in three or four several capacities, as for lands, office, profession, and money at interest, will be the hardest that ever come out; and do think that we owe it, and the lateness of its being given, wholly to the unpreparedness of the King's own party, to make their demand and choice; for they have obstructed the giving it by land-tax, which had been done long since.
In the middle of 1879, the committee of the Transvaal Chamber of Commerce pointed out that the trade of the country had in two years risen to the sum of two millions sterling per annum. They also pointed out that more than half the land-tax was paid by Englishmen and other Europeans. It was given back to its own leaders, under certain conditions, agreed to and solemnly signed by the President.
It was not until the land-tax was increased, that the gentry began to grumble a little; but still my party in the West was very strong against the Tiptoffs, and I determined to take the field and win as usual. The old Marquess neglected every one of the decent precautions which are requisite in a parliamentary campaign.
On the whole, the provisions of this year amounted to five millions one hundred and twenty-five thousand and twenty-three pounds, eleven shillings and sevenpence, to be raised by the usual duties; the sum of one million twenty-six thousand four hundred and seventy-six pounds, four shillings and sixpence, advanced by the bank of England to pay off their own unsubscribed annuities, for which they accepted exchequer bills at three per cent, interest; by the land-tax at three shillings in the pound; a lottery and annuities, at the rate of three per cent, per annum, to be charged on the sinking-fund redeemable by parliament.
The money which he had spent, and probably more than that, he recovered by an extraordinary tax in England, which excited the bitter complaints of the ecclesiastical writers. If we may trust our interpretation of the scanty accounts which have reached us, this money was raised in two ways, by a general land-tax and by additional personal payments from the king's own vassals.
The land-tax, or rather the yearly rent paid by the tenant, is usually assessed at forty per cent. of the produce; but there is no principle clearly defining it, and frequently the landowner and the cultivator divide the proceeds of the harvest in equal shapes. The rent is paid either in rice or in money, according to the actual price of the grain, which varies considerably.
Word Of The Day
Others Looking