Gladstone+as+Chancellor+of+the+Exchequer

//**Gladstone Principle - Hates waste**//

__Budgets 1859 - 1865__
 * '59 budget income tax raised to abolish duties on goods
 * efficent & honest at all levels
 * administration of public money - ensure no waste / fraud[[image:olchfahistoryrevision/gold-coins1.jpg width="185" height="180" align="right"]]
 * take as little from tax payers as possible
 * worked hard to reduce income tax - 9p > 6p in the pound
 * reduced numbers who had to pay income tax - under £200 per year not taxed
 * Retrenchment, policy of keeping government expenditure kept to a minimum

__Gladstone's reform of civil service__
 * leaner & more efficent so... better & cheaper service
 * exam for high ranks of civil service... spread to other departments
 * Public accounts committee of house of commons - select committee of MPs monitored spending of departments
 * war on waste to other departments

__Abolition of paper duties, 1861.__ __Cobden Treaty 1860__
 * Books and newspapers costed more than they needed to
 * 'Tax on knowledge'
 * First introduced measure in 1860 - met opposition
 * Bill passed the following year
 * Fial part of Britain's move towards free trade
 * Wanted to end commercial rivalry with France to ease tensions
 * Reduced duties which British manufacturers and coalowners had to pay when iumporting to France
 * Next decade -British exports to France doubled