The Evolution of Industrial Freedom in Prussia 1845 1849

Cover The Evolution of Industrial Freedom in Prussia 1845 1849
The Evolution of Industrial Freedom in Prussia 1845 1849
Hugo Christian Martin Wendel
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-Bl. 1848, 145-146.
7 o INDUSTRIAL FREEDOM IN PRUSSIA approval of the Diet for certain measures indispensable for the welfare of the country, and to grant to the people, seemingly on his own initiative, but actually because of the uprisings of March, a voice in making laws.
Shortly after the Diet was prorogued, Frederick Wil- liam, making use of the Diet's approval to assume guar- antees, established a loan-bank with power to issue notes in denominations of one to five Thaler to the extent of $
...7, 500, 000 and to offer loans on good security for com- mercial and industrial purposes. 3 * A little later (April 24th) the government made use of the approval of the Diet to raise money by levying additional taxes and called for a sur-tax (Hrsatssteuer} . In advising the vari- ous local authorities as to ways and means of raising this tax, the government recommended the substitution of an income tax for the tax on the slaughtering of cattle, and a sur-tax upon incomes, where an income tax already existed, and upon land and trades.

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