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The Pamphlet Collection of Sir Robert Stout: Volume 14

The Marine Insurance Duty

The Marine Insurance Duty.

It is surely unnecessary to do more than indicate the self-evident absurdity of a financial system that has abolished taxes on fire insurance, but leaves them still to be exacted upon the insurers of property and goods by sea. A stamp of trifling amount, like that on Life Policies (for the rate of which see page 167), would answer all necessary purposes of Registration.