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''This | <head>B Note *6</head><lb/> | ||
<note><gap/><lb/> | |||
<gap/> | |||
Ch. XIV. Advant<lb/> | |||
<gap/><lb/> | |||
6 (a)<lb/> | |||
That would be no<lb/> | |||
more than pursuing<lb/> | |||
a track already<lb/> | |||
opened -</note><lb/> | |||
<p>Note <hi rend="superscript">(b)</hi> to p. 183</p> | |||
<p><hi rend="superscript">(a)</hi> By the tax really imposed on <add>Country</add> Banker's paper,<lb/> | |||
Government has already taken to itself a share in <lb/> | |||
the profit on that paper. <hi rend="superscript">[+]</hi> <del>The</del> profit would fall, of<lb/> | |||
course, to be deducted from the <del>prof superior prof</del><lb/> | |||
sum total of profits promised by the proposed measure.</p> | |||
—<lb/> | |||
<p>By the first return <del>of</del> the produce of this tax amounted <note><hi rend="superscript">[+]</hi> In of so far as<lb/> | |||
Banker's papers came<lb/> | |||
to be extruded by the <lb/> | |||
proposed <add>government</add> paper, this<lb/> | |||
comparatively minute</note><lb/> | |||
to about £10,000. This being as it should seem, for<lb/> | |||
one quarter, the profit for the year would at that rate<lb/> | |||
be <del>£1</del> about £40,000. If <add>the case be, that</add> in the first instance <del><gap/></del><lb/> | |||
<del><gap/></del> the tax had been eluded <add>evaded</add> in any degree <add>by</add>, the removal<add>stopping</add><lb/> | |||
<add>up of the loop-holes</add> of the means of evasion a source of improvement<lb/> | |||
and profit will <add>and increase<add>addition</add></add> be considered as remaining open to<lb/> | |||
that amount. <add>[+]</add> On the other hand <del>of the</del> supposing <note><add>[+]</add> and the thus assured<lb/> | |||
<del>quantit</del> amount of<lb/> | |||
£40,000 will <add>in</add> <del>be</del> proportionable<lb/> | |||
be too small</note><lb/> | |||
the tax to have <del><gap/> been</del> productive in any degree<lb/> | |||
of the effect of a prohibition - in other words to have<lb/> | |||
operated in any degree in <del>restraint</del><add>diminution</add> of the quantity<add>amount</add><lb/> | |||
of the paper in question, <del>such</del> the assumed amount<lb/> | |||
of £40,000 a year will <add><del><gap/></del></add> <del>be <gap/></del> in proportion be<lb/> | |||
too large.</p> | |||
—<lb/> | |||
<p>The present amount, as indicated, by the return for<lb/> | |||
the first quarter, <add>(£9,821)</add> appeared to be about £40,000 a<lb/> | |||
year.<hi rend="superscript">+</hi><note><hi rend="superscript">+</hi><del>House of</del> Commons<lb/> | |||
Finance Account, A<hi rend="superscript">o</hi><lb/> | |||
1800 N<hi rend="superscript">o</hi> II p. 21.<lb/> | |||
dated 29 Jan.<hi rend="superscript">y</hi> and<lb/> | |||
5 March<lb/> | |||
The date of the Act<lb/> | |||
(39 G.3.c.3) is 12 July 1799.</note></p> | |||
<p><!-- Red ink -->End of the Note.</p> | |||
<!-- DO NOT EDIT BELOW THIS LINE --> | <!-- DO NOT EDIT BELOW THIS LINE --> | ||
{{Metadata:{{PAGENAME}}}} | {{Metadata:{{PAGENAME}}}}{{Completed}} | ||
B Note *6
Ch. XIV. Advant
6 (a)
That would be no
more than pursuing
a track already
opened -
Note (b) to p. 183
(a) By the tax really imposed on Country Banker's paper,
Government has already taken to itself a share in
the profit on that paper. [+] The profit would fall, of
course, to be deducted from the prof superior prof
sum total of profits promised by the proposed measure.
—
By the first return of the produce of this tax amounted [+] In of so far as
Banker's papers came
to be extruded by the
proposed government paper, this
comparatively minute
to about £10,000. This being as it should seem, for
one quarter, the profit for the year would at that rate
be £1 about £40,000. If the case be, that in the first instance
the tax had been eluded evaded in any degree by, the removalstopping
up of the loop-holes of the means of evasion a source of improvement
and profit will and increase<add>addition</add> be considered as remaining open to
that amount. [+] On the other hand of the supposing [+] and the thus assured
quantit amount of
£40,000 will in be proportionable
be too small
the tax to have been productive in any degree
of the effect of a prohibition - in other words to have
operated in any degree in restraintdiminution of the quantityamount
of the paper in question, such the assumed amount
of £40,000 a year will be in proportion be
too large.
—
The present amount, as indicated, by the return for
the first quarter, (£9,821) appeared to be about £40,000 a
year.++House of Commons
Finance Account, Ao
1800 No II p. 21.
dated 29 Jan.y and
5 March
The date of the Act
(39 G.3.c.3) is 12 July 1799.
End of the Note.
