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CONTAINING ALL T

WITH A

SAMUEL

BAR

S. SWEET, 1, CHANG

Law Book

HODGES AND SMITH

LONDON:

PRINTED BY C. ROWORTH AND SONS,

BELL YARD, TEMPLE BAR.

S mpr

tions having gone thro to conclude that it ha and he feels justified exertions to accomplish so long considered to to the community.

The amount of La annually collected is a is so unequally assesse of the country the pa more than 3s. in the rate collected is only a less than a farthing in Borough of Marylebon

I

Liverpool the tax is less than a farthing in the pound, while in the parish of St. Andrew, Holborn, it is ls. 10d., in some parts of the city of Westminster more than 2s., and in several places in the City of London more than 3s. in the pound.

The cause of this inequality is readily explained. In the year 1798 Mr. Pitt, the then prime minister, being desirous, for the purposes of public credit, of withdrawing a large amount of stock from the public funds, adopted the expedient of enabling parties to redeem and purchase Land Tax, by which it was expected that about eighty millions of stock would be absorbed. To accomplish this object it was necessary, in the first place, so to adjust the assessment of the tax that the greatest facilities should be afforded to parties desirous of redeeming, and, accordingly, in the year 1798, the Act of 38 Geo. 3, c. 5, was passed, by which the sum of £,1989,673 was directed to be raised for Land Tax in England and Wales in the proportions fixed upon the several counties and other places specified in the Act; and in order to collect the specified sums the commissioners were directed to appoint assessors for the parishes and places in the several divisions within each county, who were to settle the quota to be contributed by such parishes and places.

The Act directs that the tax should be raised with as much equality and indifference as possible; but as a foundation for this impartiality, and, as

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