By Bernard Mallet
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Additional info for British Budgets 1887-88 To 1912-13
The system of grants-in-aid l had long been by some criticized authorities as being in actual practice an extravagant method of meeting the difficulty, and was at all events at that time a general agree- there ment as to the advisability of removing this charge " from the Imperial Budget. It is bad finance/' said " MX. " ing Nothing can be worse/' said Mr. Gladstone, "than a system under which the expenditure of the country is subjected to factitious augmentation by including in 1 They were 1. very large sums : In England and Wales Disturnpiked and main roads Poor Law Grants Criminal Prosecution Police it : London, - - County - 250,000 - 290,000 145,000 - and Branch Pauper lunatics 1,430,000 - 485,000 2,600,000 2.
Stated, it would be collected, as regarded personalty, like the probate duty, and, as regarded realty, like the succession duty ; and it would bring in 800,000 in the current year and 1,000,000 in a full year. The second proposal was to raise 300,000 additional out of the beer duty, by taking the duty of 6s. 3d. on the barrel of thirty-six gallons of beer at the specific gravity of 1,055 (Mr. Gladstone's original proposal in 1880), instead of a thirty-six gallon of the specific gravity of 1,057 as actually paid.
Per Ib. He hoped the consumers would profit and not the middleman. This would absorb 1,500,000. 210,000 would be absorbed by the reduction of the duty on currants from 7s. to 2s. per cwt. Currants came principally from Greece, and that country in return made a substantial offer of reduction on British manufactured goods. bargain, It was an made interesting possible example of a tariff by the manipulation of our revenue duties perhaps the last in our commercial history and it passed with little notice, favourable or the reverse, though the principle was of sufficient importance to have attracted some comment.
British Budgets 1887-88 To 1912-13 by Bernard Mallet