Commutation Act
The Commutation Act of 1784, enacted by the British Parliament, reduced the tax on tea from 119% to 12.5%, effectively ending the smuggling trade. William Pitt the Younger, acting on the advice of Richard Twining of the Twinings Tea Company, introduced the Act to increase revenues through legitimate sales of tea by ending 100 years of punitive tea taxes which promoted smuggling.[1]
The Act was created to stimulate trade in China for the British East India Company, which at the time was suffering from mounting debts. Indian opium was exchanged for tea in China which was then shipped to Britain for sale on the domestic market.
The Commutation Act improved trade relations between Britain and one of its primary tea suppliers, China.
Notes
- . Dictionary of National Biography. London: Smith, Elder & Co. 1885–1900.
gollark: I do not think search is a significant issue, and the logreading thing can be fixed.
gollark: I mean, you could shunt it to an archive channel via webhook things after however long, but that would have its own issues.
gollark: The precise time is tunable, after some amount of time it would probably cease to be discussed. And why should they *not* exist? The logreading issue is fixable as I said, search... maybe less so, but I'm not sure how many search queries actually turn up that stuff *now* and how big an issue it would be.
gollark: For logreading, it could probably put in a divider of some kind.
gollark: It could be semiautomated based on keywords (or, indeed, the criteria used to decide whether to have a conversation or not under your proposal), and disable it after, say, 15 minutes of no activity.
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