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eir amount in a manner which he proceeded to explain; and after accounting for L200,000, the balance of the surplus he intended to apply to the reduction of the stamp on newspapers. The duty minus the discount was fourpence, which he proposed to reduce to a penny, and to give of course no discount. The reader must not suppose from the foregoing, however, that all the proprietors of newspapers of that day paid the duty; on the contrary, the large majority evaded it in every possible way. The measure in fact was intended as much as a protection to the revenue as anything else, for the sale of unstamped newspapers throughout the country had become so extensive that no series of prosecutions was found effectual to put them down. Every sheet, it is true, professed to bear on it the printer's name; but the name so appended was in six cases out of eight a false one. Exchequer processes were issued; all the power of the law was set in motion; in the course of three weeks three hundred persons had been imprisoned for selling unstamped papers in the streets, but without in the slightest degree repressing the illegal sale. The Chancellor argued that the loss which the revenue would sustain in the first instance would be more than compensated by the enormous increase of duty to be obtained from the enlarged circulation; from the additional duty arising from the greater consumption of paper; and from the very large increase which might be expected from the produce of the duty on advertisements. The opponents of the measure were of three classes: first, those who looked upon the proposal as radical and subversive; secondly, those who because a reduction is suggested in one quarter invariably consider it the correct thing to propose it in another; and lastly, the owners of the established newspapers of the day. The arguments of the first class assumed the following form: "In proportion as any political party approaches more or less towards pure democracy and the right divine of mere numbers, its interests will require that the means should be increased of disseminating among the lower classes, and as nearly gratuitously as possible, the exciting and poisonous food which is at last to end in the revolutionary fever."[113] The second class, strange to say, rested their hopes in this instance on the singularly slippery basis of _soap_. Sir C. Keightley moved (on the 20th of June) that instead of diminishing the stamp duty on newspapers,
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