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TWO:��Why didn��t you tell me?�� her cousin demanded.Fox, on this occasion, also introduced the subject of the Prince of Wales's allowance, who, he contended, had far less than had been granted to a Prince of Wales since the accession of the House of Hanover, that allowance being one hundred thousand pounds a-year; and the present parsimony towards the prince being grossly aggravated by the royal Civil List having been raised, in this reign, from six hundred thousand pounds to nine hundred thousand pounds, and the Privy Purse from six thousand pounds to sixty thousand pounds. Fox's remarks were rendered all the more telling because, when the House went into committee on the finances, Pitt had made a most flourishing statement of the condition of the Exchequer. He took off the taxes which pressed most on the poorer portion of the population��namely, on servants, the late augmentations on malt, on waggons, on inhabited houses, etc.,��to the amount of two hundred thousand pounds and appropriated four hundred thousand pounds towards the reduction of the National Debt. Still blind to the storm rising across the strait of Dover, he declared that these were mere trifles compared with what he should be able to do shortly, for never was there a time when a more durable peace might be expected!

TWO:

TWO:Sir Robert Walpole was not a man, with his huge standing majority, to be readily frightened from his purpose. On the 14th of March, 1733, he brought forward his project in a speech in which he put forth all his ability, and that under a well-maintained air of moderation. He took advantage of the alarm that the tax was to be general, by representing the falsity of that declaration, and the very slight and limited nature of his real proposal. Adverting to what he called the common slander of his having intended to propose a general excise, he said: "I do most unequivocally assert that no such scheme ever entered my head, or, for what I know, the head of any man I am acquainted with. My thoughts have been confined solely to the duties on wine and tobacco; and it was the frequent advices I had of the shameful frauds committed in these two branches that turned my attention to a remedy for this growing evil. I shall for the present confine myself to the tobacco trade." He then detailed the various frauds on the revenue in tobacco, which he stated were of such extent and frequency, that the gross average produce of the tax was seven hundred and fifty thousand pounds.[63] but the nett average only a hundred and sixty thousand pounds. The remedy which he proposed was to transfer this revenue from the Customs to the Excise. That the same might afterwards be applied to wine, a system of warehousing for re-exportation or placing in bond was proposed, which, he said, "would tend to make London a free port, and, by consequence, the market of the world." He held out the expectation that the success of this plan would render the land tax unnecessary, and thus enable the Government to dispense with it entirely.