Historical Essays By Members of the Owens College Manchester Published in Com
Historical Essays By Members of the Owens College Manchester Published in Com
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SHAW.
38 The extent to which the experiment created innovation and upset in the then Exchequer system may be illustrated by one particular. Until an imprest accomptant's accounts were disclosed and sworn in the Exchequer he could not get credit for his own payments. But the Act required him to pay for wares delivered in, in an inexorably fixed chronological order. He might, therefore, in the ordinary course of the Exchequer be a long time before these payments were credited to him in his accoun...t. To alleviate this official responsibility letters patent were passed at the end of December 1665, pre- scribing as follows : ' because the present course herein prescribed differs from the former course of the Exchequer, part of the charge of the Navy and Ordnance being to be accompted for by the Treasurer of the Navy and Paymaster of the Ordnance and other part of the charge of both these officers being paid imme- diately [to those that furnished wares] . . . Not by way of imprest or to be accompted for but by way of payment : to the end therefore that we may duly understand the complete and entire charge of our Navy or Ordnance for each year, the Auditor of the Eeceipt shall, in the prest certificates to be made out as above, particularly certify by way of memorandum, though not by way of charge, the several sums that have been issued upon certificates as aforesaid.
What to read after Historical Essays By Members of the Owens College Manchester Published in Com?
You can find similar books in the "Read Also" column, or choose other free books by Tout, T. F. (Thomas Frederick), 1855-1929 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
SHAW.
38 The extent to which the experiment created innovation and upset in the then Exchequer system may be illustrated by one particular. Until an imprest accomptant's accounts were disclosed and sworn in the Exchequer he could not get credit for his own payments. But the Act required him to pay for wares delivered in, in an inexorably fixed chronological order. He might, therefore, in the ordinary course of the Exchequer be a long time before these payments were credited to him in his accoun...t. To alleviate this official responsibility letters patent were passed at the end of December 1665, pre- scribing as follows : ' because the present course herein prescribed differs from the former course of the Exchequer, part of the charge of the Navy and Ordnance being to be accompted for by the Treasurer of the Navy and Paymaster of the Ordnance and other part of the charge of both these officers being paid imme- diately [to those that furnished wares] . . . Not by way of imprest or to be accompted for but by way of payment : to the end therefore that we may duly understand the complete and entire charge of our Navy or Ordnance for each year, the Auditor of the Eeceipt shall, in the prest certificates to be made out as above, particularly certify by way of memorandum, though not by way of charge, the several sums that have been issued upon certificates as aforesaid.
What to read after Historical Essays By Members of the Owens College Manchester Published in Com?
You can find similar books in the "Read Also" column, or choose other free books by Tout, T. F. (Thomas Frederick), 1855-1929 to read onlineMoreLess
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