Page:The wealth of nations, volume 3.djvu/325

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Sources of the public Revenue
317

is said, might be raised by this single tax than what is at present drawn from all those heavier taxes.

£ s. d.
In 1772, the old malt tax produced . . . 722,023 11 110/1
The additional . . . . . . . 356,776 7 9 3/4
In 1773, the old tax produced . . . . . 561,627 3 7 1/2
The additional . . . . . . . 278,650 15 3 3/4
In 1774, the old tax produced . . . . . 624,614 17 5 3/4
The additional . . . . . . . 310,745 2 8 1/2
In 1775, the old tax produced . . . . . 657,357 0 8 1/4
The additional . . . . . . . 323,785 12 6 1/4

4)3,835,580 12 0 3/4

Average of these four years . . . . 958,895 3 0 3/16

In 1772, the country excise produced . . 1,243,128 5 30/1
The London brewery . . . . . 408,260 7 2 3/4
In 1773, the country excise . . . . . 1,245,808 3 30/1
The London brewery . . . . . 405,406 17 10 1/2
In 1774, the country excise . . . . . 1,246,373 14 5 1/2
The London brewery . . . . . 320,601 18 0 1/4
In 1775, the country excise . . . . . 1,214,583 6 10/1
The London brewery . . . . . 463,670 7 0 1/4

4)6,547,832 19 2 1/4

Average of these four years . . . . 1,636,958 4 9 1/2
To which adding the average malt
. . 958,895 3 0 3/16
tax, or . . . . . . . . .
The whole amount of those different
. . 2,595,853 7 9 11/16
taxes comes out to be . . . .
But by tripling the malt tax, or by
. . 2,876,685 9 0 9/16
raising it from six to eighteen
shillings upon the quarter of
malt, that single tax would pro-
duce . . . . . . . . . .
A sum which exceeds the foregoing
. . 280,832 1 2 14/16
by. . . . . . . . . . .

Under the old malt tax, indeed, is comprehended a tax of four shillings upon the hogshead of cider, and another of ten shillings upon the barrel of mum. In 1774, the tax