The Life of the Right Honourable William Ewart Gladstone
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The Exchequer balances had been reduced by unusual liquidations of debt. On the 31st of March, 1865, they v/ere 7, 691, 000; and on the same date in 1866, they had fallen to 5, 851, 000. The total estimated expenditure of the corning year Avas 66, 225, 000, which, as compared with the expenditure of last year, showed an increase of 78, 000. The total estimate of the revenue for the year would be 67, 575, 000, thus leaving a surplus of 1, 350, 000, which, but for the charges of last year, would ...have been quite 2, 700, 000.
Mr. Gladstone next referred to the commercial treaties into which this country had entered in the most disinterested spirit, with a view of inducing other nations to follow our example. The effect of the treaty with France on the export trade of that country had been such that the total increase on all kinds of goods had been from 58 millions and a half of francs to 141 millions. Treaties had been concluded with Belgium, Italy, the Zollverein, and finally with Austria, on the same standard as that with France no duty to exceed 25 per cent, ad valorem on all British goods.
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To quickly assess the difficulty of the text, read a short excerpt:
The Exchequer balances had been reduced by unusual liquidations of debt. On the 31st of March, 1865, they v/ere 7, 691, 000; and on the same date in 1866, they had fallen to 5, 851, 000. The total estimated expenditure of the corning year Avas 66, 225, 000, which, as compared with the expenditure of last year, showed an increase of 78, 000. The total estimate of the revenue for the year would be 67, 575, 000, thus leaving a surplus of 1, 350, 000, which, but for the charges of last year, would ...have been quite 2, 700, 000.
Mr. Gladstone next referred to the commercial treaties into which this country had entered in the most disinterested spirit, with a view of inducing other nations to follow our example. The effect of the treaty with France on the export trade of that country had been such that the total increase on all kinds of goods had been from 58 millions and a half of francs to 141 millions. Treaties had been concluded with Belgium, Italy, the Zollverein, and finally with Austria, on the same standard as that with France no duty to exceed 25 per cent, ad valorem on all British goods.
What to read after The Life of the Right Honourable William Ewart Gladstone?
You can find similar books in the "Read Also" column, or choose other free books by George Barnett Smith to read onlineMoreLess
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