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abatement abolished actual additional allowed amount applied Assessed attempt basis Bill Budget burden carried cent Chancellor charge complete considerable consumption continue cost Customs deal debt deficit desire direct economy effect estimated exceeding Exchequer Excise existing expenditure extended extinction figure finally fiscal reforms five foreign further give given Gladstone Gladstone's Government gross half half millions hand House import import duties imposed included Income Tax increased indirect taxation interest involved less levied Lord Malt manufacture material matter means measure ment millions Minister Office Peel penny period position pound practically principle produced proposals protective question raised reduced regard relief remaining remission repeal respect result revenue scheme shilling simplified speech Spirits Stamp Succession Sugar duties surplus taken Tariff tion trade Treaty whole
Էջ 20 - The expenses of a war," he declared, in defending his proposals, " are the moral check which it has pleased the Almighty to impose upon the ambition and the lust of conquest, that are inherent in so many nations.
Էջ 20 - Almighty to impose upon the ambition and the lust of conquest that are inherent in so many nations. There is pomp and circumstance, there is glory and excitement, about war, which, notwithstanding the miseries it entails, invests it with charms in the eyes of the community, and tends to blind men to those evils to a fearful and dangerous degree. The necessity of meeting from year to year the expenditure which it entails is a salutary and wholesome check, making them feel what they are about, and...
Էջ 48 - Sir, of the mischiefs which arise from financial prodigality, that they creep onwards with a noiseless and a stealthy step ;• that they commonly remain unseen and unfelt, until they have reached a magnitude absolutely overwhelming...
Էջ 39 - The fact is — and you will presently see how truly it is so — that our old friend Protection, who used formerly to dwell in the palaces and the high places of the land, and who was dislodged from them some ten or fifteen years ago, has, since that period, still found pretty comfortable shelter and good living in holes and corners ; and you are now invited, if you will have the goodness to concur in the operation, to see whether you cannot likewise eject him from those holes and corners.
Էջ 8 - Graham seemed in excellent spirits about their political state and prospects, all owing to Gladstone and the complete success of his Budget. The long and numerous Cabinets, which were attributed by the ' Times' to disunion, were occupied in minute consideration of the Budget, which was there fully discussed ; and Gladstone spoke in the Cabinet one day for three hours rehearsing his speech in the House of Commons, though not quite at such length. . . . He talked of a future head, as Aberdeen is always...
Էջ 114 - ... there are circumstances attending its operation which make it difficult, perhaps impossible, at any rate in our opinion not desirable, to maintain it as a portion of the permanent and ordinary finances of the country. The public feeling of its inequality is a fact most important in itself. The inquisition it entails is a most serious disadvantage. And the frauds to which it leads are an evil which it is not possible to characterize in terms too strong.
Էջ 127 - ... stood in 1842 in reference to this matter. These, however, are questions on which Parliament ought to have an opinion. It is not desirable that they should be disposed of in an indirect manner, or that the Income Tax should be continually dealt with simply by renewals from twelvemonth to twelvemonth, founded on, and perhaps sufficiently justified by the exigencies of the moment, but having no reference to policy, and announcing to the country no clear, distinct, and decided views on the part...
Էջ 143 - I cannot conceive any reason why there should be unfriendly rivalry between the admirers of these two damsels; and I frankly own, whether it be due to a lax sense of moral obligation or not, that as Chancellor of the Exchequer, if not as a Member of this House, I have always thought it not only allowable, but even an act of duty, to pay my addresses to them both.
Էջ 31 - I will undertake that there is not a syllable on our side of the Treaty that is inconsistent with the soundest principles of Free Trade. We do not propose to reduce a duty which, on its own merits, ought not to have been dealt with long ago. We give no concessions to France which do not apply to all other nations.
Էջ 63 - He is interested in every thing he has to do with, and often interested too much. He proposes to put a stamp on contract notes with an eager earnestness as if the destiny of Europe, here and hereafter, depended upon its enactment. He cannot let any thing alone.