The Corporation of London, Its Rights and Privileges — John Shaqi
The Corporation of London, Its Rights and PrivilegesAllen, William Ferneley
History
The Corporation of London, Its Rights and Privileges
Allen, William Ferneley
Corporation of London (England) -- Politics and government
source of income. It is now commonly supposed that the Corporation
receive the entire duty of thirteen pence per ton, whereas their
actual share of the impost is only fourpence. The remaining
nine-pence are taken by the Metropolitan Board of Works, for the
general benefit of the capital of the British empire. Against this
arrangement no valid objection can be urged, but it is at least unfair
to throw the odium of the tax upon those who derive the smallest
benefit from its proceeds. It was upon the security of this revenue
that the Corporation were enabled to raise the 580,000 pounds required
for the construction of Cannon Street. From the same hitherto secure
source of income, two millions and a half sterling have been expended
on City improvements since the reign of William and Mary. But whence
are means to be obtained for carrying out any enterprise of large
utility if this revenue be confiscated? It is, besides, not a little
characteristic of the late, perhaps of every ministry, that not a word
has been said about the surrender of the nine-pence per ton received
by the Government. The City alone is to be made the scape-goat--the
least offending party is to be sacrificed to screen the real
delinquents,--the Corporation is to be thrown overboard, that the
ministerial vessel may be the more easily righted. Equally silent was
Sir George Grey on the subject of compensation. And yet, when it
pleased the Legislature to take from the Duke of Richmond the duty of
one shilling per chaldron on coals shipped in the Tyne for home
consumption, which had been granted to the family by Charles II., it
was deemed only just and equitable to make a reasonable compensation
to his grace. The duty at that time (1799) yielded some 21,000 pounds
a year, and was commuted for a perpetual annuity of 19,000 pounds,
payable out of the Consolidated Fund. In like manner the Duke of Grafton
was indemnified in 1806 for loss incurred through the resumption of
the "prisage and butlerage" of wines; nor was Lord Gwydir permitted to
suffer by the compulsory surrender of his lease in the mooring-chains.
In the reign of William IV. the Crown claimed and received a
compensation of 300,000 pounds for giving up the passing tolls, and
the Corporation itself was awarded upwards of 160,000 pounds on the
abolition of the "package and scavage" dues. But if such zeal for
retrenchment and economical reform fills the breasts of modern
statesmen, how comes it that they have no qualms about retaining the
duty of four shillings on every ton of tin extracted from Cornwall,
and which swells the revenues of the duchy? In what respect, in short,
is the tenure by which the duchy is held more sacred and inviolable
than that which entitles the Corporation to the permanent possession
of its various sources of income? It were well that the advisers of
the Crown first cleared away all obstructions and nuisances front
their own precincts, before undertaking to cleanse the premises of
Public-domain text, read in full here on John Shaqi.
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