Sessional Papers

Cover Sessional Papers
Sessional Papers
Great Britain. Parliament. House of Commons
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The duty is not more than 6d. per £10 of nominal value, which is much below what all tKe persons who invest their money in foreign stock have to pay in London, Paris, or in Italy. Another stamp duty will be raised on shares or stock of any companies or bodies established out of Malta, this only amounts to 2d. on the same amount of £10 of nominal value.
These are the items inserted in this ordinance from which we hope to raise a sum corresponding to that which is required for ithe carrying into
...effect of the reforms which I have submitted to the Coimcil. Of course, if there is any excess in the revenue, so much the better; the amount will be at the disposal of the Council, and will enable the Superintendent of Public Works, the Director of Education, and the Comptroller of Charitable Insrtitutions to make proposals for the advantage of the service under their respective departments. Probably the Council will always refuse the £400 for my Assistant. The revenue which will be derived from these taxes will be spent in carrying out the much-needed works which are included in Schedule A of this ordinance and in increasing the salaries of the teachers of the elementary schools, and in doing so we will feel that we have done our duty to the country in general and to those teachers in particular.

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