TABLE XIV. SUMMARY OF THE TOTAL PAYMENTS INTO AND OUT OF THE LOCAL TAXATION (SCOTLAND) ACCOUNT, FOR THE FINANCIAL YEAR ENDING 31ST MARCH, 1891. (From Parliamentary Paper C. 6583, as amended by C. 67 57, Year 1892.) Payments.-Technical education Police superannuation Relief of school fees SCOTTISH CHARGES BORNE BY THE CONSOLIDATED FUND AND PARLIAMENTARY VOTES, IN ADDITION TO THOSE SHOWN IN TABLE XIV. (Extracted from Financial Relations Returns, Nos. 93 and 334 of 1893.) This item is probably only to a very limited extent a relief of local taxation, if at all. Grants of £35,000 for main roads, and £20,000 for medical relief, were made in 1888-89. These are now also defrayed out of the allocated taxes. See Table XIV. MEMORANDUM. In a communication received from the Treasury, the total amount of Scottish local charges borne by imperial funds in 1891-92 is set down at £315,022, exclusive of education. No details are given. CLASSIFIED SUMMARY OF LOCAL TAXATION, on Real Property. 1. Grand jury cess presented by grand juries (net amount) £1,261,928 cess) 2. Fees of clerks of the peace (exclusive of receipts from grand jury 3. Fees of clerks of the crown. 51,773 £5,841 39,484 311 6. Dublin Metropolitan Police taxes 7. Court leet presentments 33,821 10,345 3,680 8. Harbor taxation (exclusive of receipts from grand jury cess, and from sale of investments) 298,127 74,556 372,683 9. Inland navigation taxation (exclusive of receipts from grand jury cess) 1,974 2,305 4,279 10. Town taxation (exclusive of receipts from dogs license duty, fines, grants for specific purposes, grand jury cess, etc., as above) 11. Burial board receipts other than from rates (exclusive of sums received by urban burial boards) 12. Poor rate and other receipts of boards of guardians (exclusive of repayment of relief, the burial board receipts which are included in No. 11, and payments from the general cattle diseases fund, etc.) 13. Light dues, and fees under Merchant Shipping Act TABLE XVIII. CIVIL GOVERNMENT CHARGES, OF A MORE OR LESS LOCAL CHARACTER, BORNE BY THE CONSOLIDATED FUND AND (Extracted from Financial Relations Returns, Nos. 93 and 334 of 1893.) MEMORANDUM. In a communication received from the Treasury, the total of the Irish local charges borne by imperial funds in 1891-92 is set down at £2,042,359, exclusive of education. No details are given. REVIEWS. Principles of Political Economy. By J. SHIELD NICHOLSON, Professor of Political Economy in the University of Edinburgh. Vol. I. London and New York, Macmillan & Co., 1893.- 8vo, xiii, 452 pp. Professor Nicholson, though far from "orthodox," in the sense often attached to that much-abused word, is known to lean toward a more conservative treatment of the doctrines of classic political economy than many of his English-speaking associates. In his able and scholarly address, which was printed in the Journal of the Statistical Society, he stated with emphasis his opinion that, in the reshaping of economic theory which is admitted on all hands to be needed, a good part of the classic structure should be permanently retained. The book before us is an endeavor to keep what is tenable, and discard what is not tenable, in the presentation of the subject by English economists from Adam Smith to Mill. It may be not unfairly described as an attempt to rewrite Mill's Political Economy. Although Professor Nicholson says that he owes more to Adam Smith than to Mill, his treatment in externals is modeled closely on that of the later writer. The present volume covers the ground of the first two books in Mill, on "Production" and "Distribution"; and in the main it follows, chapter for chapter, Mill's arrangement. Indeed, as the preface tells us, it grew out of notes and commentaries prepared in the course of text-book use of Mill. Professor Nicholson, it is hardly necessary to say, is equipped for the task he has set himself,- a task none the less difficult because he has unassumingly accepted much of the results and methods of the writers of the past. He is versed in the literature of the subject, old and new; he has the firm touch which comes of opinions carefully considered; he has courage to retain old views that are out of fashion, and reject new ones that happen to be in fashion. The fact that he shows comparatively little of the influence of German thought, gives his exposition, in these days, a freshness of its own; though it must be confessed that it adds also to the unmistakably insular flavor that pervades the book. Whether or no economists concur in his doctrines or accept his methods and his point of view, |