. Life and public services of Hon. Wm. E. Gladstone . venmillions of pounds. Ten days later, the House of Commons sat spell-bound, listen-ing to the schemes of the Chancellor of the Exchequer for deal-ing with the finances of the country. The expression sounds likethat bitterest of all sarcasm, which condemns by extravagantpraise; but it is the universal testimony that it was the bare has there been any other Chancellor of the Exchequerwho could thus entrance the House with his arrays of figures;but the depths of philosophy from which Mr. Gladstone builtupthe foundations of his pol
. Life and public services of Hon. Wm. E. Gladstone . venmillions of pounds. Ten days later, the House of Commons sat spell-bound, listen-ing to the schemes of the Chancellor of the Exchequer for deal-ing with the finances of the country. The expression sounds likethat bitterest of all sarcasm, which condemns by extravagantpraise; but it is the universal testimony that it was the bare has there been any other Chancellor of the Exchequerwho could thus entrance the House with his arrays of figures;but the depths of philosophy from which Mr. Gladstone builtupthe foundations of his policy have rarely been fathomed by oth-ers, who have generally been content with a much more super-ficial structure. Although he spoke for five hours upon this oc-casion, the House followed him throughout with unabated inter-est. During the whole time, his command of words never oncefailed him; and each abtsruse financial detail was clothed withthe language which best fitted it for presentation in the mostfavorable guise to the minds of his listeners,. Lobby of the House of Commons. The Speaker Entering the Hall, with the Mace Borne Before The Ministry of All the Talents. 137 The most important point which was touched upon in this budg-et and the speech in which it was presented to the House, was theIncome Tax. This duty, which had been proposed for the firsttime in the days of Pitt, to enable the Government to meet theexpenses arising out of the Napoleonic wars, had come to be re-garded as a necessity by the financiers, though there was muchdissatisfaction with it outside of the small circle of those whowere charged with the settlement of the national expenses. Itwas certain that its abolition would lead to increased prosperity,if only the period between the present and that future when theeffects of its abolition should be clearly felt could be bridged;and Mr. Gladstone showed that this was not impossible. Thetax was not to be done away with at once, but being continued
Size: 1231px × 2030px
Photo credit: © Reading Room 2020 / Alamy / Afripics
License: Licensed
Model Released: No
Keywords: ., bookcentury1800, bookdecade1890, booksubjectgladstonewewilliamew
