per pound takes place on the second L500; consequently an estate of L1,000 per annum pays L2l, 15s., and so on.
Total amount For the 1st L500 at 0s 3d per pound L7 5s 2nd " 0 6 14 10 L21 15s 2nd 1000 at 0 9 37 11 59 5 3rd " 1 0 50 0 109 5 (Total amount) 4th 1000 at 1s 6d per pound L75 0s L184 5s 5th " 2 0 100 0 284 5 6th " 3 0 150 0 434 5 7th " 4 0 200 0 634 5 8th " 5 0 250 0 880 5 9th " 6 0 300 0 1100 5 10th " 7 0 350 0 1530 5 11th " 8 0 400 0 1930 5 12th " 9 0 450 0 2380 5 13th " 10 0 500 0 2880 5 14th " 11 0 550 0 3430 5 15th " 12 0 600 0 4030 5 16th " 13 0 650 0 4680 5 17th " 14 0 700 0 5380 5 18th " 15 0 750 0 6130 5 19th " 16 0 800 0 6930 5 20th " 17 0 850 0 7780 5 21st " 18 0 900 0 8680 5 (Total amount) 22nd 1000 at 19s 0d per pound L950 0s L9630 5s 23rd " 20 0 1000 0 10630 5 At the twenty-third thousand the tax becomes 20s.

in the pound, and consequently every thousand beyond that sum can produce no profit but by dividing the estate.

Yet formidable as this tax appears, it will not, I believe, produce so much as the commutation tax; should it produce more, it ought to be lowered to that amount upon estates under two or three thousand a year.
On small and middling estates it is lighter (as it is intended to be) than the commutation tax.

It is not till after seven or eight thousand a year that it begins to be heavy.

The object is not so much the produce of the tax as the justice of the measure.