ABSTRACT

Outbreak of the war. First taxes for the war. Palmerston in power. The Peelites resign office. Sir George Cornewall Lewis chancellor of the exchequer. War taxes for 1855. The treaty of Paris. Cost of the war. Remission of taxes. Repeal of the war ninepence of income tax. The Bill against conspiracy to murder. Defeat of Palmerston. Disraeli again chancellor of the exchequer. Abolition of the war sinking fund. Lord Palmerston again in power. Gladstone again chancellor of the exchequer. Rise in the army and navy estimates. The income tax raised from 5d. to 9d.