★ Find a new page on our Untranscribed Manuscripts list.
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.
