Abstract

England

May 6, 1869 issue

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The article presents information on political conditions in England. The great surprise of the last fortnight has been minister Robert Lowe's budgets One had looked forward to it with uneasy anticipations of increased taxation. There still remains to be paid the balance of that endless Abyssinian bill, only about half of some nine million pounds sterling having as yet been settled. Then the revenue has ceased to show that elasticity which distinguished it in the halcyon Palmerstonian period; the commercial depression of the last two years has been only too distinctly felt, and there was no room for a Chancellor of the Exchequer to come down to the House, as former Prime Minister William Ewart Gladstone used to do, with a grand flourish of trumpets and proclaim in exuberant eloquence the marvelous buoyancy of resources.

See Also:

BUDGET; POLITICS, Practical; GLADSTONE, W. E. (William Ewart), 1809-1898; SHERBROOKE, Robert Lowe, Viscount, 1811-1892; TAXATION; REVENUE; ENGLAND
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