Peels Ministry Flashcards
An example of a reformer who put peel under pressure
Lord Ashley
What were he three social acts introduced
Mines act
Factory act
Railway act
When was the mines act
1842
When was the factory act
1844
When was the railway act
1844
The mines act banned women and children under what age working underground
Under 10
In the factory act what was the hour restriction for young people
10 hours
In the railway act, the cost of travel for some trains was limited to
A penny per mile
What was the nickname given to explain the widespread distress in the early years of the 40s
The ‘hungry forties’
When was the reintroduction of income tax
1842
What were peels main aims
Restore economic prosperity
Ease social unrest
All those with incomes of how much were taxed at the rate of what
Incomes of £150
Taxed at rate of 7pence in the pound
What was peels aim with the reintroduction of the income tax
To absorb the Whig deficit and yield a revenue of around £3 - £4 million pounds a year
By 1845 peels government had removed the budget deficit and created a surplus of how much
£5 million
Peel persuaded parliament to renew income tax for another how many years
3
Who opposed the reintroduction of income tax
Stanley and Graham
What would removing tariffs do
Bring down the cost of British goods abroad, increase exports, stimulate industry and provide more jobs
Budgets of 1842 -43 swept away what
Large number of remaining duty
In 1845 duties on over how many articles were removed
600
As a result of tarring reductions Britain moved into a what
New golden age of prosperity
What was there still an issue with
The corn laws
The 1828 sliding scale of duties on corn was what
Modified but duties were still high
How many conservative backbencher showed resentment for William miles resolution opposing cattle duties
113
When was the bank charter act
1844
