Sir Michael therefore feels himself justified in anticipating a revenue for the year upon which we are just entering in excess even of last year's record of £106,614,000. He has therefore proposed a reduction of the duty on unmanufactured tobacco from three shillings and twopence to two shillings and eight pence a pound, or nearly A HALFPENSY AN OUNCE, while in order to ensure that the consumer shall obtain the benefit of this reduction the legal limit of moisture is to be reduced from 5 to 30 per cent. Then
Text read from the printed page and cleaned; old type leaves the occasional error.