... Minister. Peel's reduction of duties made prices cheaper and increased sales, this would later lead to a further division within the Tory Party, which becomes a unrelenting battle. This significantly acknowledges that Peel's economic policies contest the established principles of the Tory party and consequently appears only slightly less incompetent than the Whig's immeasurable flaws. Robert Peel definitely believed in attaining money from the nobility rather than the poor . Observing that the wealthier community were heavily mortgaged it has been asserted that 'Peel's Act' was the cause of the economic difficulties of farmers in the 1820s. Peel's reintroduction of income tax, which Liverpool had repealed in 1816 had put taxes more heavily upon the rich completely contrasted to any Tory economic policy and furthermore weakened Peel's relationship with the Tory party. Peel sustained a fundamental principle when he stated; 'We must make this country a cheap country for living', looking at ...

See this essay or coursework document in full right now