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sum total of profits promised by the proposed measure.</p> | sum total of profits promised by the proposed measure.</p> | ||
—<lb/> | —<lb/> | ||
By the first return of the produce of this tax amounted <note><hi rend="superscript">[+]</hi> In of so far as<lb/> | <p>By the first return of the produce of this tax amounted <note><hi rend="superscript">[+]</hi> In of so far as<lb/> | ||
Banker's papers came<lb/> | Banker's papers came<lb/> | ||
to be extruded by the <lb/> | to be extruded by the <lb/> | ||
| Line 30: | Line 30: | ||
be <del>£1</del> about £40,000. If <add>the case be, that</add> in the first instance <del><gap/></del><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/> | <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 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> | |||
B Note *6
Ch. XIV. Advant
6 (a)
That would be no
more than pursuing
a track already
opened -
Note (b) tp 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 could fall, if
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 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.
