The Quarterly account of the Revenue, which appeared on Thursday,
is satisfactory. Compared- with the correspqnding quarter of last year, the apparent increase is 696,0001.; but the real increase is perhaps nearer 800,0001. — the Candle-tax (480,0001.) which Ceased last January, having contributed to swell the October quarter of 1 83 1. . If *e go back two years, the account is still more gratifying. The net revenue paid into the Exchequer for the year ending 10th October 1830, was bainid numbert-forty4ix Millions and a half: since.that time, taxes to the . amount, Of ,,nearly, five millions four hundred:thousand pounds have been repealed, or' the repeal has come into Operation. The income for the present year is upwards
of forty-three millions; exhibiting a real increase of two millions,—notwithstanding the general stagnation consequent upon Reform and the Cholera, and some falling off in the revenue usually received on Corn. So much for the diminished energies of the country, and the danger of a bold reduction of taxation.
The following table exhibits the facts in a more specific form. It should be observed, that the Cider and Leather duties are shown at less than their annual amount, because they ceased at Midsummer 1830, and therefore only three quarters of a year's revenue ap- peared in the October account. The same reason applies to the Candle-tax, as one quarter's produce has been received in the pre- sent year. We have allowed for those articles which were either subjected to a duty or consumed in Ireland to any extent.
Net produce of the Revenue of Great Britain for the
year ending 10th October 1830 £46,528,000 Deduct the duty on the following articles in Excise— Beer £3,000,000
Leather, three quarters of a year 260,000 Cider, three quarters 21,000
Printed goods 500,000
Candles, three quarters 308,000
Customs—
Coals and Culm 958,000 Slates 35,000
Barilla 4000
Sugar (reduced) 300,000 5,430,000 £41,093,000 Add
Real increase of Revenue since October 1830, Which. •
. gives ' 1,999,000 • Net produce of the Revenue for the year ending 10th • October 1832 £43,097,000
