Lowe was a rather cut-anddry economist, who prided himself that during his four years of office he took twelve millions off taxation; but later opinion has hardly accepted his removal of the shilling registration duty on corn (1869) as good statesmanship, and his failures are remembered rather than his successes.
Under the then existing telegraphic tariff the charge in Great Britain was a shilling for a twenty-word message over a distance not exceeding ioo miles; is.
SHILLING, an English silver coin of the value of twelve pence.
The silver shilling was first struck in 1504, in the reign of Henry VII.
A shilling is token money merely, it is nominally in value the one-twentieth of a pound, but one troy pound of silver is coined into sixty-six shillings, the standard weight of each shilling being 87.27 grains.
Profane cursing and swearing is made punishable by the Profane Oaths Act 1745, which directs the offender to be brought before a justice of the peace, and fined five shillings, two shillings or one shilling, according as he is a gentleman, below the rank of gentleman, or a common labourer, soldier, &c.
As the cost of dealing in " futures " is only one shilling on each transaction for a member of the Cotton Exchange (the outsider is charged in addition a commission by his broker), it is not surprising that the transactions taking place in " futures " number legion.
It was expected that all who could do so would contribute the penny a week suggested in Bristol, and give a shilling at the renewal of their quarterly ticket.
In 1877 the Transvaal one-pound notes were valued at one shilling cash.
To one shilling per line of 22 ideographs (about nine words).
Shilling monthlies began with Macmillan (1859), the Cornhill (1860), first edited by Thackeray, and Temple Bar (1860).
Bolivar spent nine-tenths of a splendid patrimony in the service of his country; and although he had for a considerable period unlimited control over the revenues of three countries - Colombia, Peru and Bolivia - he died without a shilling of public money in his possession.
The customer cannot obtain current for electric lighting until he has placed in a slit a certain coin - say, a shilling - entitling him to a certain number of Board-of-Trade units - say, to 2 or 4, as the case may be.
In 1901, to aid in meeting the expenses of the South African war, a moderate revenue duty was again imposed on sugar; and in 1902 the shilling duty on corn and flour (abolished in 1869) was restored, but again taken off in 1903.
An inquirer who examines the stars with a shilling telescope is not likely to make observations of value, and even a trained astronomer has to allow for his "personal equation" - a point to which even a finished critic rarely attends.
Originally scilling (" shilling ") and sceatt seem to have been the terms for gold and silver coins respectively.
It was, however, a variable unit, for the Kentish shilling contained twenty sceattas (pence), while the Mercian contained only four.
The West Saxon shilling seems originally to have been identical with the Mercian, but later it contained five pence.
The sheep was valued at a shilling in both Wessex and Mercia, from early times till the i ith century.
Mr Ritchie's remission of the shilling import-duty on corn led to Mr Chamberlain's crusade in favour of tariff reform and colonial preference, and as the session proceeded the rift grew in the Unionist ranks.
The following is a fairly typical statement of the budget estimates (1902-1903), in marks (=1 shilling sterling) Receipts.
They published paragraphs in the newspapers, articles in the magazines, sixpenny pamphlets, five-shilling books.
The unit is the mark (I shilling)the tenth part of the imperial gold coin (Krone=crown), of which last 139& are struck from a pound of pure gold.
Into his services he introduced many peculiar alterations: he drew up a "Primitive Liturgy," in which he substituted for the Nicene and Athanasian creeds two creeds taken from the Apostolical Constitutions; for his "Primitive Eucharist" he made use of unleavened bread and mixed wine; he distributed at the price of one shilling medals of admission to his oratory, with the device of a sun rising to the meridian, with the motto Ad summa, and the words Inveniam viam aut faciam below.
The coins chiefly in use were (i) copper cash, which were strung in hundreds on strings of straw, and, as about 911 weight was equal to one shilling, were excessively cumbrous, but were nevertheless valued at their face value; (ii) nickel coins, which, being profitable to mint, were issued in enormous quantities, quickly depreciated, and were moreover extensively forged.
If after the deposition of the drop, a little lycopodium be scattered over the surface, it is seen that a circular space surrounding the drop, of about the size of a shilling, remains bare, and this, however often the dusting be repeated, so long as any of the carbon bisulphide remains.
All advances were lodged by him in the Bank of England until required, and all subsidies were paid over without deduction, even though it was pressed upon him, so that he did not draw a shilling from his office beyond the salary legally attaching to it.
Children are readily sold by their parents at a price varying from the equivalent of one shilling to one and sixpence.
Some English applications of free trade theory in recent times in the matter of import duties have been pedantic - the abolition of the shilling corn duty in 1869 by Robert Lowe (Lord Sherbrooke) being typical of this pedantry, though it is not the only instance.
No doubt, in theory, this duty, being levied on the import only and not on the home production of corn, took from the tax-payer a shilling on every quarter of grain produced at home which did not go into the exchequer.
Per contra the tax was wholly unfelt, a shilling a quarter only affecting an average family of four persons to the extent of three shillings per annum, or about three farthings a week, while it was paid little by little, as Adam Smith explains with regard to indirect taxes in general.
We do not mean that nine pennies when added to eleven pennies produce a shilling and eight pennies.
Thus twelve pennies make a shilling, and twenty shillings a pound, while the penny is itself divided into four farthings (or 8 I 2 3 no settled of symbols ..
If, on the other hand, we have a sum of 5s., and treat a shilling as being equivalent to twelve pence, the 5s.
Thus, if we take a shilling as a unit, we may divide it into 12 or 48 smaller units; but corresponding coins are not really portions of a shilling, but objects which help us in counting.
12d shilling marked as a; there are 153 of these 20's, and 7 over.
Rate in the shilling: Discount.
Tradesmen allow discount for ready money, this being usually at so much in the shilling or £.
It was actually provoked by the unwise and unjust poll-tax of one shilling a head on all adult persons, voted by the parliament of Northampton in November 1380.
The last poll-tax had been carefully graduated on a sliding scale so as to press lightlyon the poorest classes; in this one a shilling for each person had to be exacted from every township, though it was provided that the strong should help the weak to a certain extent.
A certain increase of the income tax to a shilling seemed a much more serious calamity than the uncertain prospect of a possible invasion.