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- Title
The Rise of Protection in England, 1689-1786 .
- Authors
Davis, Ralph
- Abstract
This article discusses the customs statutes of Great Britain during the seventeenth-eighteenth century periods. The general level of duties on import trade was roughly quadrupled between 1690 and 1704, and it may be argued not only that all the changes in tariff policy in the course of the eighteenth century were in total less important than this rapid succession of increases, but also that later changes arose as much from the new tariff situation created in these-few brief years as, they did from the suggestions of economic theory or from the course of development of British industry. The demand for foreign linens was sufficiently inelastic to ensure that the custom's revenue from the much reduced import of them in the 1770's was far higher that it had been before duties began to be raised after 1690 It had been before duties began to be raised after 1690. The imports of other manufactures were never large enough for the duties on them to make a great contribution to revenue. Peacetime taxation never reached two millions before 1688; in 1786 it was fifteen millions. The impact of greater taxation was felt everywhere and not least in the field of overseas trade.
- Subjects
UNITED Kingdom; CUSTOMS administration; COMMERCIAL policy; PROTECTIONISM; INDUSTRIES; CORPORATE taxes
- Publication
Economic History Review, 1966, Vol 19, Issue 2, p306
- ISSN
0013-0117
- Publication type
Article
- DOI
10.2307/2592254