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Customs and ExciseTrade, Production, and Consumption in England 1640-1845$
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William J. Ashworth

Print publication date: 2003

Print ISBN-13: 9780199259212

Published to Oxford Scholarship Online: January 2010

DOI: 10.1093/acprof:oso/9780199259212.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 17 October 2021

Delusion? Trust, Credit, and the Excise

Delusion? Trust, Credit, and the Excise

(p.87) Chapter Five Delusion? Trust, Credit, and the Excise
Customs and Excise


Oxford University Press

England's success in maintaining its credit was the marvel and envy of the 18th century, which contributed to its rise as a major commercial, military, and industrial power. The dominant consensus among ruling ranks during the late 17th and early 18th centuries was characterized by a prevalent anti-consuming mentality sunk within a classical notion of civic politics. This chapter shows that, ultimately, this view could not combat the implicit contradiction and inevitability that a hunger for state revenue had to encourage greater consumption of any product that could be profitably taxed.

Keywords:   excise, taxation, tax policy, trust, credit

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