As these closing sentences indicate, Sir Josiah Stamp's chapter on 'The Finance of Municipal Government' takes as its theme the achievements of the past rather than the problems confronting the system of local government finance in 1935. Those achievements had been remarkable. In the early nineteenth century, though the scale of local government activity was tiny, there were none the less numerous separate bodies each running a particular service and levying its own rate. By 1935 the immense growth in local government had been accompanied by a rationalization and consolidation of its finances. The various 'special-purpose' authorities, such as the School Boards, had been brought together into a single, all-purpose, local authority in each county or county borough and the rating system which provided for their finance had been restructured on a national and reasonably uniform basis.