Public Finance and Political Stability: The Administration of the Land Tax, 1688–1720

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Abstract
Two major themes have been orchestrated in the course of recent research into the period 1688 to 1714. In the sphere of politics, die extent and intensity of party conflict, especially in Anne's reign, has been laid bare in the work of G. Holmes and W. A. Speck, among others; whilst J. H. Plumb, in The Growth of Political Stability has sketched the motive forces behind the spreading and then the quieting, of that conflict.1 In the second recently developed area, that of public financ , P. G. M. Dickson's The Financial Revolution in Englandhas provided us with the insights and precision necessary to qualify and confirm previous assertions about the substantial contribution made by the developing ‘funding system’ to the success of England, under William and then Marlborough, in holding off Louis XIV, and, consequently, in establishing the Hanoverian dynasty on the throne.2

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