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opened -</note><lb/> | opened -</note><lb/> | ||
<p>Note <hi rend="superscript">(b)</hi> | <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/> | <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/> | Government has already taken to itself a share in <lb/> | ||
the profit on that paper. <hi rend="superscript">[+]</hi> <del>The</del> profit | 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/> | course, to be deducted from the <del>prof superior prof</del><lb/> | ||
sum total of profits promised by the proposed measure.</p> | sum total of profits promised by the proposed measure.</p> | ||
—<lb/> | —<lb/> | ||
<p>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 <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/> | Banker's papers came<lb/> | ||
to be extruded by the <lb/> | to be extruded by the <lb/> | ||
| Line 32: | Line 32: | ||
<add>up of the loop-holes</add> of the means of evasion a source of improvement<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/> | 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/> | 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/> | <del>quantit</del> amount of<lb/> | ||
£40,000 will <add>in</add> <del>be</del> proportionable<lb/> | £40,000 will <add>in</add> <del>be</del> proportionable<lb/> | ||
| Line 52: | Line 52: | ||
5 March<lb/> | 5 March<lb/> | ||
The date of the Act<lb/> | The date of the Act<lb/> | ||
(39 G.3.c.3) is 12 | (39 G.3.c.3) is 12 July 1799.</note></p> | ||
<p><!-- Red ink -->End of the Note.</p> | <p><!-- Red ink -->End of the Note.</p> | ||
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.
