Reduction

Definition and stakes

Portrait of George Birkbeck Norman Hill George Birkbeck Norman Hill,  The Life of Sir Rowland Hill and the History of Penny Postage…

“ I started, however, with the simple notion that rates must be reduced,—but soon came to the conclusion that such reduction might be carried to a considerable extent not only without loss to the revenue, but with positive benefit; that a larger reduction might be made without loss, and a still larger without drawing upon the surplus beyond a reasonable extent. ”
Source: Gutenberg

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