Poundage
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Poundage
In English law, poundage was an ''ad valorem (in proportion to value)'' customs duty imposed on imports and exports at the rate of 1 shilling for every pound (of weight) of goods imported or exported.Higgs, Henry. ''Palgrave's Dictionary of Political Economy'', Macmillan & Co. Ltd., London, 1926, p.548. Poundage was implemented in order to keep a strong naval force that would protect the Kingdom of England. The custom duty would allow the Monarch of the Kingdom to collect money that would then be spent to develop and maintain the naval force that protects the Kingdom. Poundage was closely associated with ''tonnage'', or ''tunnage'', which was a duty on every tun of wine imported. Poundage in English History The levy was introduced in 1347 under Edward III of England and was then granted by the Parliament in 1373. It continued for many years at the same rate until after the Restoration (in 1660, when the English, Scottish and Irish monarchies were all restored under King ...
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Tonnage And Poundage
Tonnage and poundage were duties and taxes first levied in Edward II's reign on every tun (cask) of imported wine, which came mostly from Spain and Portugal, and on every pound weight of merchandise exported or imported. Traditionally tonnage and poundage was granted by Parliament to the king for life, but this practice did not continue into the reign of Charles I. Tonnage and poundage were swept away by the Customs and Excise Act 1787. History Introduced in the 14th century, ''tonnage'' was a duty upon all wines imported in addition to prisage and butlerage, while ''poundage'' was a duty imposed at the rate of twelve pence in the pound on all merchandise imported or exported. The duties were levied at first by agreement with merchants (poundage in 1302, tonnage in 1347), then granted by parliament in 1373, at first for a limited period only. They were considered to be imposed for the defence of the realm. From the reign of Henry VI they were usually granted for life. Charles ...
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Charles I Of England
Charles I (19 November 1600 – 30 January 1649) was King of England, Scotland, and Ireland from 27 March 1625 until Execution of Charles I, his execution in 1649. He was born into the House of Stuart as the second son of King James VI of Scotland, but after his father inherited the English throne in 1603, he moved to England, where he spent much of the rest of his life. He became heir apparent to the kingdoms of England, Scotland, and Ireland in 1612 upon the death of his elder brother, Henry Frederick, Prince of Wales. An unsuccessful and unpopular attempt to marry him to the Spanish Habsburg princess Maria Anna of Spain, Maria Anna culminated in an eight-month visit to Spain in 1623 that demonstrated the futility of the marriage negotiation. Two years later, he married the House of Bourbon, Bourbon princess Henrietta Maria of France. After his 1625 succession, Charles quarrelled with the Parliament of England, English Parliament, which sought to curb his royal prerogati ...
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John Rolle (Parliamentarian)
John Rolle (1598–1648) was a Turkey Merchant and also served as MP for the Rolle family's controlled borough of Callington, Cornwall, in 1626 and 1628 and for Truro, Cornwall, in 1640 for the Short Parliament and in November 1640 for the Long Parliament. He supported the Parliamentarian side in the English Civil War. Origins John Rolle was baptised 13 April 1598 at Petrockstowe, Devon, the 4th son of Robert Rolle (d. 1633) of Heanton Satchville in the parish of Petrockstowe, Devon, by his wife Joan Hele, daughter of Thomas Hele of Fleet, Devon. John was a great-grandson, in a junior line, of George Rolle (c.1486-1552) of Stevenstone, Devon, founder of the influential and wealthy Rolle family of Devon, Keeper of the Records of the Court of Common Pleas and MP for Barnstaple in 1542 and 1545. John's elder brothers included: *Sir Samuel I Rolle (c.1588-1647), eldest brother, of Heanton Satchville, Member of Parliament for Callington, Cornwall in 1640 and for Devon 1641-1647 ...
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History Of The English Fiscal System
The history of the English fiscal system affords the best known example of continuous financial development in terms of both institutions and methods. Although periods of great upheaval occurred from the time of the Norman Conquest to the beginning of the 20th century, the line of connection is almost entirely unbroken. Perhaps the most revolutionary changes occurred in the 17th century as a result of the Civil War and, later, the Glorious Revolution of 1688; though even then there was no real breach of continuity. The primitive financial institutions of History of Anglo-Saxon England, early England centred round the English monarchy, king's household. In other words, the royal preceded the national economy in importance. Revenue dues collected by the king's agents, rents, or rather returns of produce from land, and special levies for emergencies formed the main elements of the royal income which gradually acquired greater regularity and consistency. There is, however, little or n ...
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Postal Order
A postal order or postal note is a type of money order usually intended for sending money through the mail. It is purchased at a post office and is payable at another post office to the named recipient. A fee for the service, known as poundage, is paid by the purchaser. In the United States, this is known as a postal money order. Postal orders are not legal tender, but a type of promissory note, similar to a cheque. History Irish 9 shilling postal order uprated with additional stamp used in 1969. Used postal orders are seldom seen because most were destroyed when they were redeemed or cashed at the post office or bank The postal order is a direct descendant of the money order, which had been established by a private company in 1792. During World War I and World War II, British postal orders were temporarily declared legal tender to save paper and labour. Postal orders can be bought and redeemed at post offices in the UK, although a crossed postal order must be paid into ...
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John Finch, 1st Baron Finch
John Finch, 1st Baron Finch (17 September 1584 – 27 November 1660) was an English judge, and politician who sat in the House of Commons at various times between 1621 and 1629. He was Speaker of the House of Commons. Early life Finch was the son of Sir Henry Finch of Eastwell, Kent. He was admitted to Emmanuel College, Cambridge in 1596 and admitted at Gray's Inn on 5 February 1601. He was called to the bar in November 1611.Louis A. Knafla, ‘Finch, John, Baron Finch of Fordwich (1584–1660)’, Oxford Dictionary of National Biography, Oxford University Press, September 2004; online edn, January 2008 Political career Finch became recorder of Canterbury in 1619. In 1621, he was elected Member of Parliament for Canterbury. In his capacity as recorder, he welcomed King Charles I when he arrived at Canterbury for his marriage in Canterbury Cathedral on 13 June 1625, and Finch was knighted by the King two days later on 15 June. He became King's Counsel in 1626. He was re ...
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English Law
English law is the common law legal system of England and Wales, comprising mainly criminal law and civil law, each branch having its own courts and procedures. Principal elements of English law Although the common law has, historically, been the foundation and prime source of English law, the most authoritative law is statutory legislation, which comprises Acts of Parliament, regulations and by-laws. In the absence of any statutory law, the common law with its principle of '' stare decisis'' forms the residual source of law, based on judicial decisions, custom, and usage. Common law is made by sitting judges who apply both statutory law and established principles which are derived from the reasoning from earlier decisions. Equity is the other historic source of judge-made law. Common law can be amended or repealed by Parliament. Not being a civil law system, it has no comprehensive codification. However, most of its criminal law has been codified from its common la ...
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Charles II Of England
Charles II (29 May 1630 – 6 February 1685) was King of Scotland from 1649 until 1651, and King of England, Scotland and Ireland from the 1660 Restoration of the monarchy until his death in 1685. Charles II was the eldest surviving child of Charles I of England, Scotland and Ireland and Henrietta Maria of France. After Charles I's execution at Whitehall on 30 January 1649, at the climax of the English Civil War, the Parliament of Scotland proclaimed Charles II king on 5 February 1649. But England entered the period known as the English Interregnum or the English Commonwealth, and the country was a de facto republic led by Oliver Cromwell. Cromwell defeated Charles II at the Battle of Worcester on 3 September 1651, and Charles fled to mainland Europe. Cromwell became virtual dictator of England, Scotland and Ireland. Charles spent the next nine years in exile in France, the Dutch Republic and the Spanish Netherlands. The political crisis that followed Cromwell's death in 1 ...
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Post Office
A post office is a public facility and a retailer that provides mail services, such as accepting letters and parcels, providing post office boxes, and selling postage stamps, packaging, and stationery. Post offices may offer additional services, which vary by country. These include providing and accepting government forms (such as passport applications), and processing government services and fees (such as road tax, postal savings, or bank fees). The chief administrator of a post office is called a postmaster. Before the advent of postal codes and the post office, postal systems would route items to a specific post office for receipt or delivery. During the 19th century in the United States, this often led to smaller communities being renamed after their post offices, particularly after the Post Office Department began to require that post office names not be duplicated within a state. Name The term "post-office" has been in use since the 1650s, shortly after the legali ...
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1943 Australia Defence Canteen Order
Events Below, the events of World War II have the "WWII" prefix. January * January 1 – WWII: The Soviet Union announces that 22 German divisions have been encircled at Stalingrad, with 175,000 killed and 137,650 captured. * January 4 – WWII: Greek-Polish athlete and saboteur Jerzy Iwanow-Szajnowicz is executed by the Germans at Kaisariani. * January 11 ** The United States and United Kingdom revise previously unequal treaty relationships with the Republic of China (1912–1949), Republic of China. ** Italian-American anarchist Carlo Tresca is assassinated in New York City. * January 13 – Anti-Nazi protests in Sofia result in 200 arrests and 36 executions. * January 14 – January 24, 24 – WWII: Casablanca Conference: Franklin D. Roosevelt, President of the United States; Winston Churchill, Prime Minister of the United Kingdom; and Generals Charles de Gaulle and Henri Giraud of the Free French forces meet secretly at the Anfa Hotel in Casablanca, Morocco, to plan the ...
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Tariff
A tariff is a tax imposed by the government of a country or by a supranational union on imports or exports of goods. Besides being a source of revenue for the government, import duties can also be a form of regulation of foreign trade and policy that taxes foreign products to encourage or safeguard domestic industry. ''Protective tariffs'' are among the most widely used instruments of protectionism, along with import quotas and export quotas and other non-tariff barriers to trade. Tariffs can be fixed (a constant sum per unit of imported goods or a percentage of the price) or variable (the amount varies according to the price). Taxing imports means people are less likely to buy them as they become more expensive. The intention is that they buy local products instead, boosting their country's economy. Tariffs therefore provide an incentive to develop production and replace imports with domestic products. Tariffs are meant to reduce pressure from foreign competition and reduce th ...
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Customs And Excise Act 1787
Customs is an authority or agency in a country responsible for collecting tariffs and for controlling the flow of goods, including animals, transports, personal effects, and hazardous items, into and out of a country. Traditionally, customs has been considered as the fiscal subject that charges customs duties (i.e. tariffs) and other taxes on import and export. In recent decades, the views on the functions of customs have considerably expanded and now covers three basic issues: taxation, security, and trade facilitation. Each country has its own laws and regulations for the import and export of goods into and out of a country, enforced by their respective customs authorities; the import/export of some goods may be restricted or forbidden entirely. A wide range of penalties are faced by those who break these laws. Overview Taxation The traditional function of customs has been the assessment and collection of customs duties, which is a tariff or tax on the importation or, ...
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