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Updated: May 7, 2025
" That whilst the actual tax revenue of Ireland is about one-eleventh of that of Great Britain, the relative taxable capacity of Ireland is very much smaller, and is not estimated by any of us as exceeding one-twentieth." It is difficult to conceive a more damning indictment of English rule in Ireland. One cannot help recalling the glowing promises of Pitt in 1800:
And now the winter was over, and the spring winds were blowing and with a day's walk a man might put the smoke of Packingtown behind him forever, and be where the grass was green and the flowers all the colors of the rainbow! But now the income of the family was cut down more than one-third, and the food demand was cut only one-eleventh, so that they were worse off than ever.
The seignorage in France raises the value of the coin higher than in proportion to the quantity of pure gold which it contains. Thus, by the edict of January 1726, the mint price of fine gold of twenty-four carats was fixed at seven hundred and forty livres nine sous and one denier one-eleventh the mark of eight Paris ounces. {See Dictionnaire des Monnoies, tom. ii. article Seigneurage, p. 439, par 81. Abbot de Bazinghen, Conseiller-Commissaire en la Cour des Monnoies
That the highest estimate of the taxable capacity of Ireland arrived at by the Commissioners was one-twentieth, while the actual revenue contribution of Ireland was one-eleventh of the total for the United Kingdom, throws much light upon the social conditions of the smaller island.
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