This book provides a comprehensive description of the protectionist system that has for some years been in force in Great Britain.
It explains in simple language the principles and difficulties involved in framing and administering a customs and excise tariff, which has both revenue and political purposes. There is a in-depth description of the United Kingdom collecting machinery, an historical account of the tariff since 1914, and a discussion of the political objects such as Imperial Preference. The problems of tariff negotiating are discussed, and trade agreements made, including that with the U.S.A., are summarized.
CHAPTER PAGE
I. THE POLITICAL BACKGROUND 1
II. THE ECONOMIC BACKGROUND 12
III. MONEY VALUES AND THE TARIFF 26
IV. TAXATION 40
V. INDIRECT TAXES AND TARIFF PRACTICE 51
VI. SPECIFIC AND AD VALOREM DUTIES 70
VII. PROTECTION 87
VIII. NATIONAL FINANCE 103
IX. DEPARTMENTAL ORGANIZATION 120
X. CUSTOMS ADMINISTRATION 131
XI. THE EXCISE 164
XII. LIMITING THE FIELD OF TAXATION 183
XIII. WAREHOUSING 186
XIV. DRAWBACK 199
XV. WAREHOUSING VERSUS DRAWBACK 214
XVI. RELIEF TO HOME CONSUMERS 222
XVII. THE TARIFF 231
XVIII. IMPERIAL PREFERENCE 256
XIX. TRADE BARGAINING 279
INDEX 303
Biography
E.B. McGuire