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Succession duty was introduced by William Gladstone as a measure to capture more unearned wealth at the point of succession that would not otherwise be chargeable to legacy duty. In that regard, real property was included in its scope, but only on the life interest therein, as opposed to its full market value. [ 8 ]
Because of his actions as Chancellor, Gladstone earned the reputation as the liberator of British trade and the working man's breakfast table, the man responsible for the emancipation of the popular press from "taxes upon knowledge" and for placing a duty on the succession of the estates of the rich. [67]
The foreign policy of William Ewart Gladstone focuses primarily on British foreign policy during the four premierships of William Ewart Gladstone. It also considers his positions as Chancellor of the Exchequer , and while leader of the Liberal opposition.
William Ewart Gladstone was the Liberal prime minister of the United Kingdom of Great Britain and Ireland on four separate occasions between 1868 and 1894. He was noted for his moralistic leadership and his emphasis on world peace, economical budgets, political reform and efforts to resolve the Irish question.
Advertisement duty was abolished in 1853, followed by newspaper stamp duty in 1855. The paper duty was removed in 1861. [ 33 ] William Gladstone , as Chancellor of the Exchequer, repealed the paper duties, but only after a false start in 1860, when the House of Lords rejected his bill, against conventions on financial issues.
After campaigning against the foreign policy of the Beaconsfield ministry, William Gladstone led the Liberal Party to victory in the 1880 general election.The nominal leader of the Party, Lord Hartington, resigned in Gladstone's favour and Gladstone was appointed Prime Minister of the United Kingdom for a second time by Queen Victoria.
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Gladstone's Cabinet of 1868, painted by Lowes Cato Dickinson. [2] Use a cursor to see who is who. [3] † The Earl de Grey was created the Marquess of Ripon in 1871. ‡ Henry Austin Bruce was created Baron Aberdare in 1873. William Gladstone served as both First Lord of the Treasury and Chancellor of the Exchequer between August 1873 and ...