The History of England in Three Volumes, Vol.III. / From the Accession of George III. to the Twenty-Third Year of the Reign of Queen Victoria, Volume 2 Papyras Classics

← The History of England in Three Volumes, Vol.III. / From the Accession of George III. to the Twenty-Third Year of the Reign of Queen Victoria, Volume 2

Chapter 165

Pitt’s Financial Measures

In the course of this session two budgets were produced, and two loans contracted, amounting in the whole to £25,000,000. The total supplies granted for the year were £13,821,430. In order to meet the expenditure many taxes were augmented, as those on wine, spirits, tea, coffee, silk, fruit, tobacco, salt, horses, dogs, hats, and legacies to collateral relatives; the assessed taxes were also increased by ten per cent.