A Dictionary of Political Economy, Vol. 1

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Excerpt from A Dictionary of Political Economy, Vol. 1: Biographical, Bibliographical, Historical and Practical Abbot, charles, lord colcnrs ran, Born 14th October, 1 757, at Abingdon, in Berk shire, was the second son of the Rev. John Abbot, dj) Rector of Colchester. He was educated at Westminster, and Christ Church, Oxford, where he gained the Chancellor's medal for the Latin ode. He was called to the bar soon after 1783, and entered Parliament in 1795, as member for Hel leston, in Cornwall, a nomination borough of the Duke of Leeds. He was a strong supporter of Mr. Pitt. He spoke pretty frequently, especially on financial subjects. In 1797 he was appointed chairman of the committee on the financial state of the nation, and prepared a great number Of re ports ou that subject. In that year he carried a resolution that the statutes should be distributed much more extensively than they had been done. He strongly supported the principle that all ih come should be rated as it was found, without reference to particular cases, as, in fact, all other taxation, both direct and indirect, is levied. He moved for and obtained a committee to consider the neglected and disgraceful condition Of the public records, and from this proceeded the Royal Record Commission, over which he presided till 1817. He warmly advocated the establishment of a general registration of all instruments a¿'ectin landed property. He said that this system h already prevailed for ages in Scotland with the happiest results, in Ireland for nearly a century with similar beneficial results, and in the two most populous counties of England, Yorkshire and Middlesex. It had been found to add a distinct and specific value to the property it secures. Many recent events, he said, had contributed to dissipate the prejudices which once hung on this question, and it now remains, only by transcribing one short and approved law, to extend the same benefits through ran-r 1. Von. 1. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.