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The Budget, Vol. 1: A Series of Letters on Financial, Commercial, and Colonial Policy (Classic Reprint) - Softcover
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Excerpt from The Budget, Vol. 1: A Series of Letters on Financial, Commercial, and Colonial Policy
IL - Next to a free trade in corn, no measure could be more beneficial to the people than a free trade in sugar. I shall therefore proceed to inquire how far the alterations in the sugar duties, proposed in the Whig Budget, are in conformity with the principles of free trade.
The alteration in the sugar duties, as proposed by the Chancellor of the Exchequer on the 30th of April, was to be as follows, viz. - The duty upon colonial sugar being 248. Per hundred weight, and that on foreign sugar it was proposed to leave the former duty unaltered, but to lower the latter to 368. Per hundred weight, and thus to reduce the differential duty in favour of colonial sugar from 368. To 128. Per hundred weight. From this change the Chancellor of the Exchequer calculated on an increased re venue of 700,000l. Let us endeavour to trace out with as much accuracy as the nature of the case will admit, the consequences which would have resulted from the adoption of the proposed change.
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The Budget, Vol. 1: A Series of Letters on Financial, Commercial
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Paperback. Zustand: New. Print on Demand. This book examines the financial, commercial, and colonial policies proposed by the Whig Budget and their implications. The author argues that the plan to levy a fixed duty on foreign corn would increase prices, prevent cheap years, and make bread dearer. The proposed changes to sugar duties, while appearing beneficial, would have led to a sudden and extensive loss of trade and capital in Jamaica and other British colonies. Moreover, the author contends that the Whig Budget's disregard for the impact of hostile tariffs and differential duties on precious metal distribution poses a grave threat to the nation's economic health. The author emphasizes the importance of maintaining a steady, science-based approach to commercial legislation and highlights the crucial role of the precious metals in determining a nation's command over foreign labor. This book is a valuable resource for those interested in the historical, theoretical, and practical aspects of financial, commercial, and colonial policies. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Bestandsnummer des Verkäufers 9781334475108_0
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The Budget, Vol 1 A Series of Letters on Financial, Commercial, and Colonial Policy Classic Reprint
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PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781334475108
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The Budget, Vol 1 A Series of Letters on Financial, Commercial, and Colonial Policy Classic Reprint
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PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781334475108
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