ABSTRACT

Peel in power. His antecedents and position in the House. The political outlook, in 1841, by Campbell. The Budget of 1842. Reimposition of the income tax for four years. Revision of the tariff. Effect of the construction of railways on the revenue. The Budget of 1845. The income tax continued for three years more. Second revision of the tariff. Repeal of the taxes on glass and auctions. Repeal of the corn laws. Peel resigns office. Lord John Russell's first administration. The income tax continued for three years more. Sir Charles Wood's Budget of 1850. Repeal of the tax on bricks. Reductions in the stamp duties. House tax substituted for the window tax. Disraeli chancellor of the exchequer. The battle of the malt tax. Lord Derby resigns. Gladstone chancellor of the exchequer. The Budget of 1853. The income tax continued for seven years more. Succession duties on land. Third revision of the tariff. Repeal of the taxes on soap and advertisements. Revision of the taxes on establishments. Commencement of penny taxation. Taxes on insurance condemned.