14/47 He intended to devote part of the money which was raised by indirect taxation to relieving the rates. He wished to introduce a State monopoly for the sale of tobacco, brandy, and beer. He entered into calculations by which he proved that were his policy adopted all direct taxation might be repealed, and he would have a large surplus for an object which he had very much at heart--the provision of old-age pensions. It was a method of legislation copied from that which prevails in France and Italy. He pointed out with perfect justice that the revenue raised in Germany from the consumption of tobacco was much smaller than it ought to be. |