The History of England, from the Accession of James II — Volume 1Macaulay, Thomas Babington Macaulay, Baron
History
The History of England, from the Accession of James II — Volume 1
Macaulay, Thomas Babington Macaulay, Baron
Great Britain -- History -- James II, 1685-1688; Great Britain -- History -- William and Mary, 1689-1702
The most important head of receipt was the excise, which, in the last
year of the reign of Charles, produced five hundred and eighty-five
thousand pounds, clear of all deductions. The net proceeds of the
customs amounted in the same year to five hundred and thirty thousand
pounds. These burdens did not lie very heavy on the nation. The tax on
chimneys, though less productive, call forth far louder murmurs. The
discontent excited by direct imposts is, indeed, almost always out of
proportion to the quantity of money which they bring into the Exchequer;
and the tax on chimneys was, even among direct imposts, peculiarly
odious: for it could be levied only by means of domiciliary visits; and
of such visits the English have always been impatient to a degree which
the people of other countries can but faintly conceive. The poorer
householders were frequently unable to pay their hearth money to the
day. When this happened, their furniture was distrained without mercy:
for the tax was farmed; and a farmer of taxes is, of all creditors,
proverbially the most rapacious. The collectors were loudly accused of
performing their unpopular duty with harshness and insolence. It was
said that, as soon as they appeared at the threshold of a cottage, the
children began to wail, and the old women ran to hide their earthenware.
Nay, the single bed of a poor family had sometimes been carried away
and sold. The net annual receipt from this tax was two hundred thousand
pounds. [40]
When to the three great sources of income which have been mentioned
we add the royal domains, then far more extensive than at present,
the first fruits and tenths, which had not yet been surrendered to the
Church, the Duchies of Cornwall and Lancaster, the forfeitures, and the
fines, we shall find that the whole annual revenue of the crown may
be fairly estimated at about fourteen hundred thousand pounds. Of this
revenue part was hereditary; the rest had been granted to Charles for
life; and he was at liberty to lay out the whole exactly as he thought
fit. Whatever he could save by retrenching from the expenditure of
the public departments was an addition to his privy purse. Of the Post
Office more will hereafter be said. The profits of that establishment
had been appropriated by Parliament to the Duke of York.
Public-domain text, read in full here on John Shaqi.
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