CHAPTER XV

1886

THE CHANCELLOR OF THE EXCHEQUER

At the Treasury--Lord Randolph as an official--Secret Service money--The

Metropolitan coal and wine dues--Preparation of the Budget--Democratic

finance--The death duties--The inhabited house tax--New stamp

duties--Horses, cartridges and theatre tickets--The Sinking Fund--Large

reductions of taxation--A fivepenny income tax--The means for Local

Government--The Budget in the Cabinet--A silence.....179

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