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The Edinburgh Review, or Critical Journal, Vol. 195




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Excerpt from The Edinburgh Review, or Critical Journal, Vol. 195: For January, 1902;;; April, 1902; To Be Continued Quarterly Finance must almost necessarily occupy a prominent position in the Parliamentary debates of the immediate future. The enormous addition which has been made to the ordinary expenditure of the country in recent years, the huge cost of the war in South Africa, and the consequent growth of taxation, must direct the attention of men of all parties to the requirements of the great spending departments and the inequalities or inadequacy of our financial system. But Imperial finance has during the last dozen j-ears been so closely bound up with local taxation that the Legislature, in addressing itself to one subject, will find itself compelled to deal with the other. If there were no complaints of injustice from the ratepayers of the country, the necessity of revising our system of Imperial taxation would force every financial authority to consider the concurrent difficulties of local finance. But there is a still better reason for thinking that local taxation must fill a large place in the political programme of the immediate future. Its rapid growth, the manner in which it is levied, the crushing severity with which it falls in many places on the real property on which it is a charge, combine to draw attention to the burden which it imposes. The taxpayer is hardly conscious of many of the imposts which he bears. Few men associate the cost of the cup, which they love, or of the weed, which they love more, with the requirements of internal administration or external politics. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.


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