FREE BOOKS

Author's List




PREV.   NEXT  
|<   44   45   46   47   48   49   50   51   52   53   54   55   56   57   58   59   60   61   62   63   64   65   66   67   68  
>>  
that although taxes have been remitted to the amount of millions, the revenue has kept up; and that fact is vaunted as the vindication of free trade: but one inference to be drawn from it has escaped notice--it shows that the riches of the country must have increased enormously, and it implies that many of the wealthy are escaping more and more from a due share of the general burden, as taxation is diminished and wealth increased." "Our exports have increased in value since 1824 from 38 millions to 68 millions." (14) "It will be found by the Parliamentary Tables, which all can consult, that the amount of money raised in those eighteen years was nearly 1500 millions. The total revenue raised in those years was more than 981 millions; and the total of the money borrowed was more than 470 millions; making, in all, 1451 millions. And it is worth while to note, that, in one of those years, namely, in 1813, the sum of more than 150 millions was raised in revenue and loan, of which nearly 82 millions was loan for the national use; and this in a single year; and that year 1813, in the midst of a dreadful war, and thirty-five years ago;--since when the country has grown much richer." "Now, dividing the sum of 1451 millions by eighteen years, it appears that 80 millions a year was raised; and, taking the legitimate expenditure of the country, during those eighteen years, at an average of 45 millions a-year, a sum so high as to preclude all cavil, it appears that the country raised and expended eighteen times the difference between 45 and 80 millions, that is 630 millions; notwithstanding which expenditure, let it be observed, the country _got richer and richer_ every day."--_Bradshaw's Almanack, 1848._ (15) "Our economical friends need not be alarmed;--we are not going to propose a large addition to the military force of the empire."--(_Times._) No:--but before it is reduced and its system interfered with by those who understand not its working, we would strongly recommend the perusal, first of the evidence of Sir Herbert Taylor before the Finance Committee on this subject, and then that of his Grace the Duke of Wellington, and we would ask the intelligent public of Great Britain to reflect well before it allows her present army to be trifled with. We firmly believe our army to be in as high a state of discipline, and as ready "to go any where and do any thing," as it was at the moment his Grace gave up in France the
PREV.   NEXT  
|<   44   45   46   47   48   49   50   51   52   53   54   55   56   57   58   59   60   61   62   63   64   65   66   67   68  
>>  



Top keywords:

millions

 

country

 

raised

 

eighteen

 
increased
 

richer

 

revenue

 

expenditure

 

appears

 

amount


friends

 

propose

 

alarmed

 
addition
 
empire
 
present
 

military

 

France

 

moment

 

firmly


observed

 

notwithstanding

 

Bradshaw

 
Almanack
 

trifled

 

economical

 
evidence
 
perusal
 

Wellington

 
subject

Committee
 

Finance

 
Herbert
 

Taylor

 
system
 

interfered

 

reflect

 
reduced
 

discipline

 

understand


recommend

 
public
 

intelligent

 

strongly

 
working
 

Britain

 

burden

 

taxation

 
diminished
 

wealth