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Article PARLIAMENTARY PROCEEDINGS. ← Page 11 of 12 →
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Parliamentary Proceedings.
Oil DeAl arid Fir Timber an additional duty , in the gross , amounting to tio , cool . He proposed Stamp Duties on Writs , Affidavits , Indentures , and Wills ; on the latter four per cent , on every one of 1000 I . willed ; 20 I . on 5 , o _ aol . ; 25 I . on i 6 , oool . ; and so on iii proportion ; which would yield a sum of io , oool . To the Receipt Tax he proposed 6 d . advance on every idol , and so on in gradation to 500 I . which would produce a tax of 6 S , dodl . The two next subjects of-taxation were totally different from each other ; the first related
to the Members of the House , viz . Franking . It had been agreed , that they should not , at a former period , frank letters , except from the place from whence they ivere dated ; but this regulation was of no effect . He notv wished to restrain them front franking letters , except when on the spot from whence they are sent ; next , to prevent them from sending and inclosing parcels : This regulation would produce per annum , asiim of 40 , 000 ! . _ To A tax upon Hair-powder , he said , there could be but few exceptions , as it would not apply to the bulk of the people . He hoped that the subject would
be considered seriously , though he was aware that it would discompose the gravity of gentlemen . He would have a register kept of the names of persons liable to this tax , which would operate as a tax on luxury , as long as vanity was considered a luxury . It would also operate on servants , or rather those who kept carriages ; and this was a tax of One Guinea per annum , per head , on every person who used Hair-powder . The produce of this tax he estimated at 2 io , oool . The gross amount of all these Taxesat a rough guesshe conceived would
, , be 1 , 6 45 , 000 ! . He then argued , from the resources of the country , that we have every cause to exult at the general credit and confidence of it , which enables his Majestyid maintain the present contest with unabated vigour , with unexhausted means . He repeated , that our being enabled on such terms to raise so great sums , is a . proof of the flourishing condition of the country . He had the satisfaction to
say , that the modes adopted in raising loans are more advantageous towardsdischarging our debts than in any former wars . If we go beyond the example of former times ; he contended , with a view " ' to our prosperity , and the reduction of Our national debt , we ivere hot to be startled at these great charges and loans , while public credit and confidence enable us to raise those abundant resources which our people furnish tons , to maintain a just and necessary war , protracted to au unexpected length . Now , if after maintaining the present unprecedented struggle for three years ' ,
we stand on the solid basis of hatioual Wealth ; if we rest our hopes on the extent of ourcommerce , which was never so great in the brightest days and sunshine of peace ; if the exports of our trade exceed what they ivere in 1792 , have ive not reason to rejoice ? The total amount of our exports , are , he observed , about 19 , 301 , 000 ! . now ; they were then about 16 , 301 , 000 ! . The . excess furnished him with an happy argument for the continuance of the present vigorous measures , and an abhorrence to the idea of a nominal and insecure peace . The steady , the growing resources of this country , he contended ; are such , as to
g-ive the greatest hopes that we shall , at last , be able to secure to ourselves national security and tranquillity to Europe . This , he stated , is our situation ; our circumstances , ' however sufficiently , alarming to rouse our attention and exertion , are by no means desperate . From the prudent use of the treasures of peace and prosperity , we have been able ; lie observed , to support the greatest struggle ever known , with undiminished strength , . with unexhausted resources ; resources which , now the sinews of war , will procure to us the blessings of peace . ; resources which mustat lastc . own our exertions with the usual
suc-, , cess and gloiy . Having thanked the indulgence of the House for hearing him with such generous-attention , and he hoped satisfaction , he moved the first Resolution , which was put by the Chairman . Mr . Fox made several observations on the Chancellor of the Exchequer's Speech ; complained that tiie Loan had been negotiated some time before tha Eez ' ^
Note: This text has been automatically extracted via Optical Character Recognition (OCR) software.
Parliamentary Proceedings.
Oil DeAl arid Fir Timber an additional duty , in the gross , amounting to tio , cool . He proposed Stamp Duties on Writs , Affidavits , Indentures , and Wills ; on the latter four per cent , on every one of 1000 I . willed ; 20 I . on 5 , o _ aol . ; 25 I . on i 6 , oool . ; and so on iii proportion ; which would yield a sum of io , oool . To the Receipt Tax he proposed 6 d . advance on every idol , and so on in gradation to 500 I . which would produce a tax of 6 S , dodl . The two next subjects of-taxation were totally different from each other ; the first related
to the Members of the House , viz . Franking . It had been agreed , that they should not , at a former period , frank letters , except from the place from whence they ivere dated ; but this regulation was of no effect . He notv wished to restrain them front franking letters , except when on the spot from whence they are sent ; next , to prevent them from sending and inclosing parcels : This regulation would produce per annum , asiim of 40 , 000 ! . _ To A tax upon Hair-powder , he said , there could be but few exceptions , as it would not apply to the bulk of the people . He hoped that the subject would
be considered seriously , though he was aware that it would discompose the gravity of gentlemen . He would have a register kept of the names of persons liable to this tax , which would operate as a tax on luxury , as long as vanity was considered a luxury . It would also operate on servants , or rather those who kept carriages ; and this was a tax of One Guinea per annum , per head , on every person who used Hair-powder . The produce of this tax he estimated at 2 io , oool . The gross amount of all these Taxesat a rough guesshe conceived would
, , be 1 , 6 45 , 000 ! . He then argued , from the resources of the country , that we have every cause to exult at the general credit and confidence of it , which enables his Majestyid maintain the present contest with unabated vigour , with unexhausted means . He repeated , that our being enabled on such terms to raise so great sums , is a . proof of the flourishing condition of the country . He had the satisfaction to
say , that the modes adopted in raising loans are more advantageous towardsdischarging our debts than in any former wars . If we go beyond the example of former times ; he contended , with a view " ' to our prosperity , and the reduction of Our national debt , we ivere hot to be startled at these great charges and loans , while public credit and confidence enable us to raise those abundant resources which our people furnish tons , to maintain a just and necessary war , protracted to au unexpected length . Now , if after maintaining the present unprecedented struggle for three years ' ,
we stand on the solid basis of hatioual Wealth ; if we rest our hopes on the extent of ourcommerce , which was never so great in the brightest days and sunshine of peace ; if the exports of our trade exceed what they ivere in 1792 , have ive not reason to rejoice ? The total amount of our exports , are , he observed , about 19 , 301 , 000 ! . now ; they were then about 16 , 301 , 000 ! . The . excess furnished him with an happy argument for the continuance of the present vigorous measures , and an abhorrence to the idea of a nominal and insecure peace . The steady , the growing resources of this country , he contended ; are such , as to
g-ive the greatest hopes that we shall , at last , be able to secure to ourselves national security and tranquillity to Europe . This , he stated , is our situation ; our circumstances , ' however sufficiently , alarming to rouse our attention and exertion , are by no means desperate . From the prudent use of the treasures of peace and prosperity , we have been able ; lie observed , to support the greatest struggle ever known , with undiminished strength , . with unexhausted resources ; resources which , now the sinews of war , will procure to us the blessings of peace . ; resources which mustat lastc . own our exertions with the usual
suc-, , cess and gloiy . Having thanked the indulgence of the House for hearing him with such generous-attention , and he hoped satisfaction , he moved the first Resolution , which was put by the Chairman . Mr . Fox made several observations on the Chancellor of the Exchequer's Speech ; complained that tiie Loan had been negotiated some time before tha Eez ' ^