Subvention

Definition and stakes

Winston Churchill,  Liberalism and the Social Problem

“ There is no doubt a great difference between subventions and preferences. A subvention may be raised by a perfectly orthodox fiscal process. No more money is taken from the taxpayer than is required. The whole yield of the tax by which the subvention may be raised certainly goes to the Exchequer, and when the subvention is paid to the foreign or Colonial Government, [116] it does not go, as a preference would go, to benefit particular interests in the Colony, but it goes to the Government of the Colony for the general purposes of State, and not for private advantage on either side. ”
Source: Gutenberg

Portrait of William Booth William Booth,  In Darkest England, and the Way Out

“ Suppose the Railway Companies refused to lend the great highways of which they have become the monopolists for such an undertaking without a subvention, then the necessary subvention should be forthcoming. If it could be made possible for the joyless toilers to come out of the sweater's den, or the stifling factory; if the seamstress could leave her needle, and the mother get away from the weary round of babydom and household drudgery for a day now and then, to the cooling, invigorating, heart-stirring influences of the sea, it should be done, even if it did cost a few paltry thousands. ”
Source: Gutenberg

Eugene E. Wilson,  Slipstream: the autobiography of an air craftsman (1950)

“ After all, the Post Office Department overhead, an item perhaps more political than economic in character, was not subject to airline control and was therefore the responsibility of the department. A subsidy is a public grant or subvention to aid an enterprise for the public convenience and not the deficit of a government department. ”
Source: Gutenberg

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