Tea and spirits duties reduced with the Commutation Act

(43 words)
  • Editors

Historical Context Note

  • The Literary Encyclopedia. Volume : .

Tax was reduced from 119% to 12.5% in an attempt to wipe out the lucrative smuggling trade and increase the revenues of the East India Company through legitimate sales. William PittÆs government heeded the advice of Richard Twining, of the famous tea company, Twinings.

Please log in to consult the article in its entirety. If you are not a subscriber, please click here to read about membership. All our articles have been written recently by experts in their field, more than 95% of them university professors.

Editors. "Tea and spirits duties reduced with the Commutation Act". The Literary Encyclopedia. First published 12 December 2007
[http://www.litencyc.com/php/stopics.php?rec=true&UID=4209, accessed 07 July 2015.]