London and the Kingdom - Volume 3: A History Derived Mainly from the Archives at Guildhall in the Custody of the Corporation of the City of London.Sharpe, Reginald R. (Reginald Robinson)
History
London and the Kingdom - Volume 3: A History Derived Mainly from the Archives at Guildhall in the Custody of the Corporation of the City of London.
Sharpe, Reginald R. (Reginald Robinson)
London (England) -- History
No sooner was the Bill passed than a committee of shopkeepers was
formed to get it repealed, and in this they were assisted by the
committee appointed by the Common Council on the 14th May. The costs
incurred by the latter committee were to be discharged to the extent
of £300 out of the City's Chamber.[528] In November (1785), the Common
Council instructed their committee to prepare a petition to Parliament
for a repeal of the obnoxious Act. This was accordingly done and the
petition duly laid before the House, but with no better success than
before (27 Jan., 1786).[529] In the meantime a split had occurred among
the commissioners whose duty it was to carry out the provisions of
the Act. Some of them had duly qualified themselves for the purpose,
whilst others had not, and so long as disagreement continued among the
executive officers, the City shop-keeper ran the risk of incurring a
double assessment.[530] Early in 1787, the agitation was renewed, and
the mayor was asked to allow of a meeting of the discontents in the
Guildhall on the evening of Friday, the 19th January. The mayor was
willing enough, but the Court of Aldermen were afraid of a disturbance
and the meeting was put off.[531] A fortnight later (31 Jan.) the
Common Council resolved to present another petition to Parliament for
the repeal of the Act. Further experience, they assured the House, had
confirmed their opinion of the partiality and oppression of the Act,
and of the impossibility of shifting the burden upon the consumer.[532]
The petition was presented the following day, but the House remained
obdurate.[533] The shopkeepers passed a vote of thanks to the Common
Council for the pains they had taken in the matter.[534] For another
two years the City agitated for the repeal of the tax, receiving the
support of Fox, among others,[535] but all their efforts proved futile,
until in April, 1789, they were at last crowned with success and the
Act was repealed.[536]
[Sidenote: Convention with France, 1787.]
The Shop Tax was not the only point in Pitt's financial schemes which
tended to bring him into direct opposition to the City, as we shall
shorty see; but as a whole his schemes were eminently successful, and
not the least successful of them all was his commercial treaty with
France. Duties were lowered in each country on the productions of the
other and both England and France were the better for the change, but
the treaty as originally drafted threatened unfortunately to diminish
the revenues of the city of London. Pitt's attention having been drawn
to the matter, a proviso was inserted in a subsequent convention
signed at Versailles (15 Jan., 1787) whereby the City's rights were
safeguarded.[537] The convention was followed in October by a joint
declaration whereby England and France mutually agreed to discontinue
warlike operations.[538]
[Sidenote: The City and the slave trade, 1788-1792.]
Public-domain text, read in full here on John Shaqi.
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