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Article LONGEVITY. ← Page 2 of 2 Article ORIGIN OF THE LAND-TAX PLAN. Page 1 of 2 →
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Longevity.
and shewed me his hair , like a child ' s , but rather flaxen than either brown or grey . For his teeth , he had three come within these three years , nor yet to their perfection ; whilst he bred them he was very ill . Forty years he could not read the biggest print without spectacles ; and now , he blesseth God , there is no print nor writing so small but he could read without them . For his strength , he t ' mnks
it as great as twenty years ago . Not long since , he walked to Alnwick to dinner , ancl back again , six north-country miles . I-Je is now one hundred and ten years of age , and ever-since last May a heartybody , very cheerful , yet stoops much . He had five children after lie was ei ghty years old , four of them lusty lasses , now living with him ; the other died lately . His wife is scarce fifty years of
age . He writes himself Michael Vivan : he is a Scottish man , born near Aberdeen . I forget the town's name where he is now pastor ; he hath been there fifty years . Windsor , September iS , 1657 . THOMAS ATKINS . '
Origin Of The Land-Tax Plan.
ORIGIN OF THE LAND-TAX PLAN .
HPHE measure adopted by Mr . Pitt , of converting the land-tax to the - " - great purpose of supporting the national credic , has , we find , been ascribed to different persons ; but the truth is , the plan was specifically stated and ' strongly recommended in 378 4 , by the able but anonymous author of ' A Scheme for reducing and finally redeeming the National Debt , and for gaining half a Million of Revenue , by
extinguishing a Tax . ' 8 vo . Printed for Dodsley . Having established this clear proposition , that the land-tax is the undoubted property of the public , the writer brings forward his great scheme in the following terms : * The tax produces , or ought to produce , more than two millions annually ;—any excess would render my lan more productive : but I
p will state it only at two millions . ¦ ' Now admitting this sum of two millions to be a perpetual annual rent-charge , issuing out of all the landed or real property of the united kingdoms , and payable to the public in preference to every other charge , it will follow that the public has an undoubted rig ht to make sale of this perpetuity , clear of every incumbrance . In such
a sale , every individual landholder should have an opportunity of purchasing the tax upon his own estate , in preference to any other person , provided it was done in a time to be limited ; and after the expiration of that time , the public at large should be at liberty to purchase , either absolutely or by way of mortgage : and since estates are in general sold from 25 to 30 years purchaseit may be' fairly
, concluded ; that the sale of the tax would produce , upon an average , at least twenty-five years purchase , more especially as the execution ot this p lan would , to a certainty , raise the value of lands not k-ss than four or five years purchase . ' The public purse would be thus at once enriched with a sum of fifty millions sterling , equal to the redemption of 83 ! millions of the
Note: This text has been automatically extracted via Optical Character Recognition (OCR) software.
Longevity.
and shewed me his hair , like a child ' s , but rather flaxen than either brown or grey . For his teeth , he had three come within these three years , nor yet to their perfection ; whilst he bred them he was very ill . Forty years he could not read the biggest print without spectacles ; and now , he blesseth God , there is no print nor writing so small but he could read without them . For his strength , he t ' mnks
it as great as twenty years ago . Not long since , he walked to Alnwick to dinner , ancl back again , six north-country miles . I-Je is now one hundred and ten years of age , and ever-since last May a heartybody , very cheerful , yet stoops much . He had five children after lie was ei ghty years old , four of them lusty lasses , now living with him ; the other died lately . His wife is scarce fifty years of
age . He writes himself Michael Vivan : he is a Scottish man , born near Aberdeen . I forget the town's name where he is now pastor ; he hath been there fifty years . Windsor , September iS , 1657 . THOMAS ATKINS . '
Origin Of The Land-Tax Plan.
ORIGIN OF THE LAND-TAX PLAN .
HPHE measure adopted by Mr . Pitt , of converting the land-tax to the - " - great purpose of supporting the national credic , has , we find , been ascribed to different persons ; but the truth is , the plan was specifically stated and ' strongly recommended in 378 4 , by the able but anonymous author of ' A Scheme for reducing and finally redeeming the National Debt , and for gaining half a Million of Revenue , by
extinguishing a Tax . ' 8 vo . Printed for Dodsley . Having established this clear proposition , that the land-tax is the undoubted property of the public , the writer brings forward his great scheme in the following terms : * The tax produces , or ought to produce , more than two millions annually ;—any excess would render my lan more productive : but I
p will state it only at two millions . ¦ ' Now admitting this sum of two millions to be a perpetual annual rent-charge , issuing out of all the landed or real property of the united kingdoms , and payable to the public in preference to every other charge , it will follow that the public has an undoubted rig ht to make sale of this perpetuity , clear of every incumbrance . In such
a sale , every individual landholder should have an opportunity of purchasing the tax upon his own estate , in preference to any other person , provided it was done in a time to be limited ; and after the expiration of that time , the public at large should be at liberty to purchase , either absolutely or by way of mortgage : and since estates are in general sold from 25 to 30 years purchaseit may be' fairly
, concluded ; that the sale of the tax would produce , upon an average , at least twenty-five years purchase , more especially as the execution ot this p lan would , to a certainty , raise the value of lands not k-ss than four or five years purchase . ' The public purse would be thus at once enriched with a sum of fifty millions sterling , equal to the redemption of 83 ! millions of the