But Mr Ritchie, the chancellor of the exchequer, having a surplus in prospect and taxation to take off, carried the cabinet in favour of again remitting this tax on corn.
He put up for auction the highest offices and honours; even remitting to William the Lion of Scotland, for a sum of 15,000 marks, the humiliating obligations which Henry II.
In 1905-1906 the society had about 5800 auxiliaries, branches and associations in England and Wales, and more than 2000 auxiliaries abroad, mainly in the British Colonies, many of which undertake vigorous local work, besides remitting contributions to London.
This great shrinkage in exchange caused considerable loss to the Indian government in remitting to Europe, and entailed hardship upon Anglo-Indians who received pensions or other payments in rupees, while on the other hand it supplied an artificial stimulus to the export trade by increasing the purchasing power of gold.
The chief business of the native sarrafs (money-changers, bankers; &c.) is to discount bills at high rates, hardly ever less than 12%, and remit money from place to place in Persia for a commission amounting to from I to 5, or even 6% on each transaction; and in spite of the European banks giving lower rates of discount and remitting money at par, the majority of the people and mercantile classes still deal with the natives.
On the other hand, if the estimated revenue shows a large surplus over the estimated expenditure, there is room for remitting or reducing some tax or taxes, and the extent of this relief is generally limited to the amount of surplus realized in the previous year.
The Turkish government encourage the development of the industry by remitting the tithes on opium and poppy-seed for one year on lands sown for the first time, and by distributing printed instructions for cultivating the poppy and preparing the opium.
28, 1854) of the American vessel " Black Warrior," the confiscation of her cargo, and the fining of her captain by the Cuban authorities, on the ground that this vessel had violated the customs regulations of the port of Havana, slavery propagandists sought to force the administration into an attitude that would lead to war with Spain and make possible the seizure of Cuba; and it was largely due to Marcy's influence that war was averted, Spain restoring the confiscated cargo and remitting the captain's fine.'
In Congress, though one of the youngest members, he at once sprang into prominence by his clever defence of Jackson during the consideration by the House of a bill remitting the fine imposed on Jackson for contempt of court in New Orleans.
It was argued that if the Lords had the right to reject a measure remitting existing duties, they had in effect the right of imposing taxation, since there was no material difference between the adoption of a new tax and the continuance of an old one which the Commons had determined to repeal.