The Corporation of London, Its Rights and Privileges by William Ferneley Allen
page 56 of 59 (94%)
page 56 of 59 (94%)
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by remitting their annual contribution to the expenses of the police
force, and by defraying the same out of the Consolidated Fund. However, there is cause for gratitude that a still more serious loss is not yet to be inflicted upon the ways and means of the City. The metage duty on coals which may belong to the Corporation after the year 1862, under 1 & 2 William IV., and 8 & 9 Victoria, is not to be affected by the present Bill; but he must be a confiding and unsuspecting individual who can trust to a long enjoyment of that source of income. It is now commonly supposed that the Corporation receive the entire duty of thirteen pence per ton, whereas their actual share of the impost is only fourpence. The remaining nine-pence are taken by the Metropolitan Board of Works, for the general benefit of the capital of the British empire. Against this arrangement no valid objection can be urged, but it is at least unfair to throw the odium of the tax upon those who derive the smallest benefit from its proceeds. It was upon the security of this revenue that the Corporation were enabled to raise the 580,000 pounds required for the construction of Cannon Street. From the same hitherto secure source of income, two millions and a half sterling have been expended on City improvements since the reign of William and Mary. But whence are means to be obtained for carrying out any enterprise of large utility if this revenue be confiscated? It is, besides, not a little characteristic of the late, perhaps of every ministry, that not a word has been said about the surrender of the nine-pence per ton received by the Government. The City alone is to be made the scape-goat--the least offending party is to be sacrificed to screen the real delinquents,--the Corporation is to be thrown overboard, that the ministerial vessel may be the more easily righted. Equally silent was Sir George Grey on the subject of compensation. And yet, when it pleased the Legislature to take from the Duke of Richmond the duty of |
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