Blackwood's Edinburgh Magazine, Volume 63, No. 389, March 1848Various
History
Blackwood's Edinburgh Magazine, Volume 63, No. 389, March 1848
Various
England -- Periodicals; Scotland -- Periodicals
But the second point--that of the injustice of this measure--is most
glaring, and demands immediate attention. Opposed as we are to the
substitution of direct for indirect taxation, we can yet understand
the motives of a minister who comes forward with a distinct and
equable plan for an entire remodelment of the system. We believe that
no such scheme can possibly be reduced to practice; and that, if
attempted, it would prove utterly obnoxious and subversive of the
national interest: we think that it would be unwise, but at the same
time it might not be unjust as between man and man in the community.
There is a certain burden to be borne by the whole of the nation, and
the great problem is, to find out how every man can be made to
contribute his proper share. Laws are framed and institutions founded
for the protection of property and person; and, strictly speaking,
every one is bound to bear the expense according to his means. The
only effectual method which has ever yet been discovered for securing
this, is the system of indirect taxation. By that system each man
contributes to the revenue in proportion to the amount of taxed
articles which he consumes. Wealth, in the aggregate, superinduces
luxury, and the higher classes pay proportionably for the increased
comforts they enjoy. Such were the principles of indirect taxation
before Sir Robert Peel began to alter it, and even yet many of the
original features remain. But we cannot recognise in his tariffs any
thing of a consistent plan. That foreign luxuries, which cannot be
produced in this country, should be brought in at as low a rate of
duty as the state of the revenue will allow, is admitted on all hands.
Wine, for example, which is no product of ours, is a case in point.
But when we find him deliberately fostering foreign industry at the
expense of home manufactures--reducing or abolishing the duties upon
such articles as ornamental glass, boots, gloves, or made-up fancy
silks, which, from their natures, are consumed by the higher classes
only, our belief in his sagacity vanishes. The time is fast
approaching when the artisan will feel severely the effects of that
departure from our older system, which regarded home industry with
peculiar favour, and refused to sacrifice it for the sake of
increasing the yearly amount of our imports. Every curtailed or
superseded branch of employment in this overpeopled country is a
national loss and a misfortune.
Public-domain text, read in full here on John Shaqi.
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