. The earth and its inhabitants ... vessels . Tugs, &c. in harbour service Total 53 2,0(t7 254 27 69 Total Armour-clads .Screw steamersPaddle steamersSailing vessels . Total Summary. Number. 18 12 5 2 6 22 119 m Number 69274 53184 580 406 Guns. 745 2,007 69 406 And in addition a numerous torpedo flotilla. Themost powerftil shijjs of the Britieh navy are theInflexible, Dreadnou(jht, Derastatio», Thunderer,Majestic, Colossus, lîeptune, Collingwood, Agamemnon,and Ajax. GOVEEXMENT AND ADMINISTRATION. 485 charge for interest and management of tlie deb


. The earth and its inhabitants ... vessels . Tugs, &c. in harbour service Total 53 2,0(t7 254 27 69 Total Armour-clads .Screw steamersPaddle steamersSailing vessels . Total Summary. Number. 18 12 5 2 6 22 119 m Number 69274 53184 580 406 Guns. 745 2,007 69 406 And in addition a numerous torpedo flotilla. Themost powerftil shijjs of the Britieh navy are theInflexible, Dreadnou(jht, Derastatio», Thunderer,Majestic, Colossus, lîeptune, Collingwood, Agamemnon,and Ajax. GOVEEXMENT AND ADMINISTRATION. 485 charge for interest and management of tlie debt lias been reduced £4,000,000since 1817—partly, of course, by paying off the principal, but more by thereduction of the interest.* This decrease in the charges of the debt, added tothe greater productiveness of taxes and duties resulting from increased prosperityof the people, has enabled the Government to reduce taxation, and to introduce Fig 236.—Bkeaches in the Xorth Downs and the Camp of Aldershot. Scale 1: 160, 2 allies. financial reforms. To what extent this has been effected may be judged from thefact that while, in 1861, imperial taxation, direct and indirect, amounted to 45s. ahead of the population, in 1879-80 it only reached 34s. Whilst the national taxation has thus undergone a considerable reduction,the local taxation has risen during the same period from about £18,000,000 to£37,000,000, or from 13s. to 22s. per head. Not must we lose sight of thefact that the imperial budget is closely connected with that of India, whichalmost regularly results in a deficit. It having been found impossible to raisea revenue in India sufficient to defray the expenses of government, Englandis perpetually being called upon to pledge her credit to meet the Chancellor of the Exchequer is therefore bound to husband his resourceswith the greatest care, in order that he miy be prepared to meet the dangers The National Debt :- 1775 (commenceinent of American w


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Keywords: ., bookcentury1800, bookdecade1880, booksubjectgeography, bookyear18